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Molina Healthcare, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported revenue was USD 10,340 million compared to USD 8,548 million a year ago. Net income was USD 326 million compared to USD 245 million a year ago. Diluted earnings per share from continuing operations was USD 5.65 compared to USD 4.21 a year ago. For the nine months, revenue was USD 30,151 million compared to USD 25,024 million a year ago. Net income was USD 928 million compared to USD 875 million a year ago. Diluted earnings per share from continuing operations was USD 15.97 compared to USD 15.08 a year ago.
Period Ending: | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
---|---|---|---|---|
Total Revenue | 9832 | 9582 | 9634 | 8496 |
Gross Profit | 1189 | 1214 | 1220 | 1042 |
Operating Income | 467 | 434 | 427 | 361 |
Net Income | 326 | 301 | 301 | 216 |
Period Ending: | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
---|---|---|---|---|
Total Assets | 15758 | 15185 | 15513 | 14892 |
Total Liabilities | 10988 | 10342 | 11020 | 10677 |
Total Equity | 4770 | 4843 | 4493 | 4215 |
Period Ending: | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 873 | -219 | 214 | -690 |
Cash From Investing Activities | -48 | 53 | -488 | -25 |
Cash From Financing Activities | -364 | 12 | -62 | 3 |
Net Change in Cash | 461 | -154 | -336 | -712 |
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