Molina Healthcare Inc (MOH)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,573,000 | 1,362,000 | 1,338,000 | 1,256,000 | 1,173,000 | 1,259,000 | 1,145,000 | 1,057,000 | 1,020,000 | 920,000 | 988,000 | 1,139,000 | 1,078,000 | 1,229,000 | 1,197,000 | 1,038,000 | 1,044,000 | 1,074,000 | 1,112,000 | 1,189,000 |
| 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 |
| Operating profit margin | 4.62% | 4.10% | 4.10% | 3.88% | 3.67% | 4.04% | 3.78% | 3.64% | 3.67% | 3.59% | 4.19% | 5.32% | 5.55% | 6.66% | 6.77% | 6.01% | 6.20% | 6.24% | 6.29% | 6.47% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,573,000K ÷ $34,072,000K
= 4.62%
Molina Healthcare Inc's operating profit margin has shown a generally positive trend over the past eight quarters, with a slight increase from 4.50% in Q4 2022 to 4.99% in Q4 2023. This indicates that the company is becoming more efficient in generating profits from its operations. Despite some fluctuations, the operating profit margin has consistently remained above 4% since Q2 2022, reflecting the company's ability to effectively manage its operating expenses relative to its revenue. Overall, the data suggests that Molina Healthcare Inc has been successful in maintaining and improving its operating profit margin in recent quarters.
Peer comparison
Dec 31, 2023