Molina Healthcare (MOH) Research & Development (2010 - 2018)

Molina Healthcare (MOH) posted quarterly Research & Development of $120.0 million for Q1 2018, down 1.64% year-on-year from $122.0 million in Q1 2017, and down 2.44% on a QoQ basis from $123.0 million in Q4 2017.

Molina Healthcare (MOH) Research & Development (2010 - 2018) Analysis & Trends

Molina Healthcare (MOH) has reported Research & Development for 9 consecutive years, with $120.0 million the latest figure, recorded in Q1 2018.

  • Quarterly Research & Development fell 1.64% year-over-year to $120.0 million in Q1 2018, while the trailing twelve-month figure through Mar 2018 was $490.0 million (up 2.08% YoY) and the FY2017 annual result came in at $492.0 million, up 1.44% from the prior year.
  • Research & Development eased to $120.0 million in Q1 2018 per MOH's latest filing, from $123.0 million in the prior quarter.
  • Over the last five years, Research & Development for MOH reached as high as $127.0 million in Q1 2016 and fell as low as $33.0 million in Q2 2015.
  • A 5-year average of $85.1 million and a median of $116.0 million in 2016 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2015 — Research & Development fell 15.14% — and 2016, when it soared 252.78%.
  • Year by year, Research & Development stood at $39.2 million in 2014, then jumped by 129.77% to $90.0 million in 2015, then soared by 36.67% to $123.0 million in 2016, then changed by 0.0% to $123.0 million in 2017, then retreated by 2.44% to $120.0 million in 2018.
  • According to Business Quant data, Research & Development over the past three periods registered $120.0 million, $123.0 million, and $123.0 million for Q1 2018, Q4 2017, and Q3 2017 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Unitedhealth 384.70 Bn 354.90 Bn 38.23 Bn -
2 Cvs Health 136.05 Bn 124.42 Bn 22.85 Bn -
3 Elevance Health 82.25 Bn 46.44 Bn 35.79 Bn -
4 Cigna 75.16 Bn 67.54 Bn -44.29 Bn -
5 Humana 47.47 Bn 25.57 Bn 5.94 Bn -
6 Centene 31.35 Bn 7.64 Bn 43.95 Bn -
7 Molina Healthcare 10.44 Bn 1.19 Bn 1.43 Bn -
8 Oscar Health 8.62 Bn 1.83 Bn 1.42 Bn -
9 Alignment Healthcare 4.13 Bn 3.41 Bn 144.48 Mn -
10 Progyny 2.48 Bn 2.26 Bn 83.07 Mn 16.88 Mn

Historic Data

Download Data
DateValue
Mar 31, 2018 120.00 Mn
Dec 31, 2017 123.00 Mn
Sep 30, 2017 123.00 Mn
Jun 30, 2017 124.00 Mn
Mar 31, 2017 122.00 Mn
Dec 31, 2016 123.00 Mn
Sep 30, 2016 119.00 Mn
Jun 30, 2016 116.00 Mn
Mar 31, 2016 127.00 Mn
Dec 31, 2015 90.00 Mn
Sep 30, 2015 34.00 Mn
Jun 30, 2015 33.00 Mn
Mar 31, 2015 36.00 Mn
Dec 31, 2014 39.17 Mn
Sep 30, 2014 40.07 Mn
Jun 30, 2014 37.11 Mn
Mar 31, 2014 40.66 Mn
Dec 31, 2013 41.81 Mn
Sep 30, 2013 40.11 Mn
Jun 30, 2013 39.31 Mn