Molina Healthcare Inc (MOH)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,589,000 | 1,532,000 | 1,426,000 | 1,436,000 | 1,464,000 | 1,253,000 | 1,228,000 | 1,146,000 | 1,063,000 | 1,121,000 | 1,005,000 | 914,000 | 875,000 | 790,000 | 861,000 | 1,013,000 | 961,000 | 1,132,000 | 1,103,000 | 965,000 |
| Revenue (ttm) | US$ in thousands | 40,650,000 | 39,199,000 | 37,407,000 | 35,854,000 | 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 |
| Pretax margin | 3.91% | 3.91% | 3.81% | 4.01% | 4.30% | 3.77% | 3.76% | 3.54% | 3.32% | 3.60% | 3.32% | 3.15% | 3.15% | 3.09% | 3.65% | 4.73% | 4.95% | 6.13% | 6.24% | 5.59% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,589,000K ÷ $40,650,000K
= 3.91%
The pretax margin of Molina Healthcare Inc has shown fluctuating trends over the past few years. It stood at 5.59% in March 2020, gradually increasing to a peak of 6.24% by June 2020. However, there was a slight decline to 4.95% by December 2020. The pretax margin continued to exhibit a downward trend reaching 3.65% in June 2021.
Despite some fluctuations, the pretax margin remained relatively stable around the 3% to 4% range from September 2021 to June 2024. It hit a low of 3.09% in September 2021 and a high of 4.30% in December 2023, showing some variability within this range.
Overall, the pretax margin of Molina Healthcare Inc experienced ups and downs but generally stabilized around 3% to 4% in the latter years of the analyzed period. This metric indicates the company's efficiency in generating profits before taxes relative to its total revenue.
Peer comparison
Dec 31, 2024