Molina Healthcare, Inc. Earnings

Molina Healthcare, Inc.’s revenue jumped 20.96% since last year same period to $10340Mn in the Q3 2024. On a quarterly growth basis, Molina Healthcare, Inc. has generated 4.88% jump in its revenue since last 3-months.

Molina Healthcare, Inc.’s net profit jumped 33.06% since last year same period to $326Mn in the Q3 2024. On a quarterly growth basis, Molina Healthcare, Inc. has generated 8.31% jump in its net profits since last 3-months.

Molina Healthcare, Inc.’s net profit margin jumped 10% since last year same period to 3.15% in the Q3 2024. On a quarterly growth basis, Molina Healthcare, Inc. has generated 3.27% jump in its net profit margins since last 3-months.

Molina Healthcare, Inc.’s price-to-earnings ratio after this Q3 2024 earnings stands at 15.09.

Molina Healthcare, Inc.’s earning per share (EPS) estimates for the current quarter stand at 5.81 - a 5.64% jump from last quarter’s estimates.

Molina Healthcare, Inc.’s earning per share (EPS) estimates for the current year stand at 5.81.

Molina Healthcare, Inc.’s earning per share (EPS) jumped 19.01% since last year same period to 6.01 in the Q3 2024. This indicates that the Molina Healthcare, Inc. has generated 19.01% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Molina Healthcare, Inc.’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Molina Healthcare, Inc.’s return on equity (ROE) stands at 0.26.