Molina Healthcare Inc (MOH)
Pretax margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | 1,589,000 | 1,464,000 | 1,063,000 | 875,000 | 961,000 |
Revenue | US$ in thousands | 40,650,000 | 34,072,000 | 31,974,000 | 27,771,000 | 19,423,000 |
Pretax margin | 3.91% | 4.30% | 3.32% | 3.15% | 4.95% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,589,000K ÷ $40,650,000K
= 3.91%
The pretax margin of Molina Healthcare Inc, a key indicator of operational efficiency, has shown some variability over the past five years. Starting at 4.95% in December 2020, the margin decreased to 3.15% by the end of 2021, indicating a decline in profitability. However, there was a slight improvement in 2022 with a margin of 3.32%. Subsequently, the pretax margin increased to 4.30% in 2023, signaling a positive trend in profitability. By December 2024, the margin slightly decreased to 3.91%, possibly indicating some challenges in maintaining profitability. Overall, it is essential for Molina Healthcare Inc to closely monitor and manage its pretax margin to ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2024