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| Date | Value |
|---|---|
| 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 |