Molina Healthcare Inc (MOH)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	1,091,000	931,000	916,000	855,000	792,000	839,000	752,000	689,000	659,000	590,000	632,000	723,000	673,000	807,000	797,000	717,000	737,000	770,000	792,000	798,000
Revenue (ttm)	US$ in thousands	34,072,000	33,247,000	32,626,000	32,353,000	31,974,000	31,160,000	30,273,000	29,019,000	27,771,000	25,597,000	23,578,000	21,396,000	19,423,000	18,462,000	17,684,000	17,259,000	16,829,000	17,219,000	17,673,000	18,363,000
Net profit margin		3.20%	2.80%	2.81%	2.64%	2.48%	2.69%	2.48%	2.37%	2.37%	2.30%	2.68%	3.38%	3.46%	4.37%	4.51%	4.15%	4.38%	4.47%	4.48%	4.35%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,091,000K ÷ $34,072,000K
= 3.20%

Molina Healthcare Inc's net profit margin has shown relatively stable performance over the past eight quarters, ranging from 2.37% to 3.20%. The net profit margin measures the company's ability to generate profit from its revenue after accounting for all expenses.

The company's profitability improved in Q4 2023 with a net profit margin of 3.20%, the highest among the quarters analyzed. It indicates that Molina Healthcare Inc effectively controlled costs and/or increased revenue during this period.

Overall, the trend in net profit margin suggests that Molina Healthcare Inc has been successful in maintaining an acceptable level of profitability despite some fluctuations. However, it is important to continue monitoring this metric to ensure sustained financial health and performance.