How do you interpret health plans — number of states in which entity operates?

An increase suggests geographic expansion and potential for revenue growth, while a decrease may indicate market exit or consolidation.

How does health plans — number of states in which entity operates compare across companies?

Commonly used by managed care organizations to describe their geographic footprint.

Molina Healthcare MOH Health Plans — Number of states in which entity operates

Discontinued — last reported Q3 '20

Similar metrics at other companies

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DVAUnited States — Number of States in which Entity Operates

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EHCHome Healthand Hospice — Number Of States In Which Entity Operates

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EHCHome Health and Hospice — Number of states in which entity operates

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HSICHealth Care Distribution — Number Of Countries In Which Entity Operates

3,300%0.0pp

THCAmbulatory Care — Number of states in which entity operates

3,700%0.0pp

Other financials

Income statement

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Revenue$10.8B-3.1%

Gross profit$1.5B-8.5%

Operating income$83.0M-80.8%

Net income$14.0M-95.3%

EPS (diluted)$0.27-95.0%

Balance sheet

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Cash & equivalents$5.3B+9.4%

Total debt$3.9B+4.8%

Total equity$4.1B-5.3%

Total assets$16.4B0.0%

Cash flow

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Operating cash flow$1.1B+469%

CapEx$27.0M+22.7%

Free cash flow$1.1B+528%

Valuation

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Market cap$10.18B-61.5%

Enterprise value$8.81B-67.1%

P/E15.8×-7.6×

P/S0.2×-0.4×

Profitability

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Gross margin12.9%-2.4pp

Operating margin3%-1.2pp

Net margin2%-0.9pp

FCF margin0.6%—

Returns & leverage

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Return on equity19.7%-6.7pp

Debt / equity1×+0.1×

Current ratio1.6×0.0×

Where this comes from

Reported directly by Molina Healthcare in its filing.

Tagged under the XBRL concept us-gaap:NumberOfStatesInWhichEntityOperates.

The official record: Molina Healthcare’s 10-Q, filed October 29, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does health plans — number of states in which entity operates mean?: The number of states where the company provides health plan services.
How do you interpret health plans — number of states in which entity operates?: An increase suggests geographic expansion and potential for revenue growth, while a decrease may indicate market exit or consolidation.
How does health plans — number of states in which entity operates compare across companies?: Commonly used by managed care organizations to describe their geographic footprint.