Molina Healthcare Inc (MOH)

Return on assets (ROA)

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
Net income (ttm) US$ in thousands 1,179,000 1,144,000 1,063,000 1,071,000 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
Total assets US$ in thousands 15,630,000 15,758,000 15,185,000 15,513,000 14,892,000 14,870,000 13,661,000 13,371,000 12,314,000 12,793,000 12,572,000 12,360,000 12,209,000 11,033,000 10,530,000 9,950,000 9,532,000 7,881,000 7,876,000 7,129,000
ROA 7.54% 7.26% 7.00% 6.90% 7.33% 6.26% 6.71% 6.39% 6.43% 6.56% 5.98% 5.57% 5.40% 5.35% 6.00% 7.27% 7.06% 10.24% 10.12% 10.06%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,179,000K ÷ $15,630,000K
= 7.54%

The return on assets (ROA) for Molina Healthcare Inc has been relatively stable over the past few years, ranging between 5.35% to 10.24%. The ROA peaked at 10.24% in September 30, 2020, and has seen a gradual decline since then, reaching its lowest point at 5.35% in September 30, 2021. However, there has been a slight improvement in recent periods, with the ROA increasing to 7.54% in December 31, 2024. Overall, the trend indicates that Molina Healthcare Inc has been effectively utilizing its assets to generate profit, although there have been fluctuations in performance over time.