Molina Healthcare Inc (MOH)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,179,000 | 1,091,000 | 792,000 | 659,000 | 673,000 |
| Revenue | US$ in thousands | 40,650,000 | 34,072,000 | 31,974,000 | 27,771,000 | 19,423,000 |
| Net profit margin | 2.90% | 3.20% | 2.48% | 2.37% | 3.46% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,179,000K ÷ $40,650,000K
= 2.90%
Based on the data provided, Molina Healthcare Inc's net profit margin has shown some fluctuations over the years.
The net profit margin decreased from 3.46% as of December 31, 2020, to 2.37% as of December 31, 2021, indicating a decline in profitability. However, there was a slight improvement in the net profit margin to 2.48% as of December 31, 2022.
Subsequently, the net profit margin increased to 3.20% as of December 31, 2023, showing a positive trend in profitability. However, there was a slight decrease to 2.90% as of December 31, 2024.
Overall, Molina Healthcare Inc's net profit margin has varied over the years, with fluctuations in profitability levels. It is essential for the company to closely monitor its expenses and revenue generation to sustain and improve its profitability in the future.
Peer comparison
Dec 31, 2024