Molina Healthcare (MOH) Research & Development (2010 - 2018)
Molina Healthcare's (MOH) quarterly Research & Development came in at $120.0 million in Q1 2018, down 1.64% year-over-year from $122.0 million in Q1 2017, and down 2.44% quarter-over-quarter from $123.0 million in Q4 2017.
Analysis
Molina Healthcare (MOH) Research & Development (2010 - 2018) Analysis & Trends
Molina Healthcare has disclosed Research & Development across 9 years of filings, most recently posting $120.0 million for Q1 2018.
- In Q1 2018, Research & Development fell 1.64% year-over-year to $120.0 million; the TTM figure through Mar 2018 stood at $490.0 million (up 2.08% YoY), while the FY2017 annual figure was $492.0 million, up 1.44% from the prior year.
- Research & Development came in at $120.0 million for Q1 2018 at Molina Healthcare, down from $123.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $127.0 million in Q1 2016 to a low of $33.0 million in Q2 2015.
- Average Research & Development over 5 years is $85.1 million, with a median of $116.0 million recorded in 2016.
- Year-over-year, Research & Development slipped 15.14% in 2015 and soared 252.78% in 2016.
- Over 5 years, Research & Development stood at $39.2 million in 2014, then surged by 129.77% to $90.0 million in 2015, then jumped by 36.67% to $123.0 million in 2016, then changed by 0.0% to $123.0 million in 2017, then decreased by 2.44% to $120.0 million in 2018.
- Per Business Quant data, the three most recent Research & Development figures were $120.0 million in Q1 2018, $123.0 million in Q4 2017, and $123.0 million in Q3 2017.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 359.38 Bn | 333.97 Bn | 36.67 Bn | - |
| 2 | Cvs Health | 123.65 Bn | 109.89 Bn | 47.23 Bn | - |
| 3 | Elevance Health | 88.36 Bn | 52.55 Bn | 13.45 Bn | - |
| 4 | Cigna | 74.65 Bn | 67.69 Bn | 14.97 Bn | - |
| 5 | Humana | 48.21 Bn | 24.40 Bn | 5.50 Bn | - |
| 6 | Centene | 33.12 Bn | 6.13 Bn | 14.55 Bn | - |
| 7 | Molina Healthcare | 10.45 Bn | 1.53 Bn | 1.43 Bn | - |
| 8 | Oscar Health | 8.81 Bn | 262.35 Mn | 1.09 Bn | - |
| 9 | Corvel | 3.47 Bn | 3.12 Bn | - | - |
| 10 | Alignment Healthcare | 2.81 Bn | 2.10 Bn | 180.96 Mn | - |
Historic Data
Download Data
Historic 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 |