Molina Healthcare Inc (MOH)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 4,215,000 | 3,879,000 | 3,621,000 | 3,288,000 | 2,964,000 | 3,041,000 | 2,830,000 | 2,794,000 | 2,630,000 | 2,518,000 | 2,370,000 | 2,164,000 | 2,096,000 | 2,201,000 | 1,996,000 | 1,647,000 | 1,960,000 | 1,831,000 | 1,736,000 | 1,835,000 |
| ROE | 25.88% | 24.00% | 25.30% | 26.00% | 26.72% | 27.59% | 26.57% | 24.66% | 25.06% | 23.43% | 26.67% | 33.41% | 32.11% | 36.67% | 39.93% | 43.53% | 37.60% | 42.05% | 45.62% | 43.49% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,091,000K ÷ $4,215,000K
= 25.88%
Molina Healthcare Inc's return on equity (ROE) has been relatively stable over the past eight quarters, ranging from 24.00% to 27.59%. The company's ROE reached a peak of 27.59% in Q3 2022 before experiencing a slight decline in subsequent quarters. The Q4 2023 ROE of 25.88% indicates that the company is generating $0.2588 in profit for every dollar of shareholders' equity. Overall, Molina Healthcare Inc's ROE performance demonstrates consistent profitability and effective utilization of shareholder equity to generate returns. Investors and stakeholders may view this as a positive indicator of the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2023