Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Molina Healthcare's share price for the quarter that ended in Mar. 2024 was $410.83. Molina Healthcare's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 59 Mil. Therefore, Molina Healthcare's market cap for the quarter that ended in Mar. 2024 was $24,068 Mil.
Molina Healthcare's quarterly market cap
increased
from Sep. 2023 ($19,116 Mil) to Dec. 2023 ($21,064 Mil) and
increased
from Dec. 2023 ($21,064 Mil) to Mar. 2024 ($24,068 Mil).
Molina Healthcare's annual market cap
increased
from Dec. 2021 ($18,449 Mil) to Dec. 2022 ($19,153 Mil) and
increased
from Dec. 2022 ($19,153 Mil) to Dec. 2023 ($21,064 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Molina Healthcare's Enterprise Value for Today is $13,810 Mil.
Molina Healthcare Market Cap Historical Data
The historical data trend for Molina Healthcare's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Molina Healthcare's Market Cap
For the Healthcare Plans subindustry, Molina Healthcare's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Molina Healthcare's Market Cap Distribution in the Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Molina Healthcare's Market Cap distribution charts can be found below:
* The bar in red indicates where Molina Healthcare's Market Cap falls into.
Molina Healthcare Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Molina Healthcare's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Molina Healthcare (NYSE:MOH) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Molina Healthcare Market Cap Related Terms
Thank you for viewing the detailed overview of Molina Healthcare's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Molina Healthcare (Molina Healthcare) Business Description
Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). In addition to its Health Plans segment, Molina has a Medicaid,Medicare, and Marketplace segment that represent the government-funded or sponsored programs under their management information systems. Molina's Medicaid plans receive revenue on a per-member per-month basis from state government agencies, and its Medicare Advantage plans receive revenue from managed care plans that contract with the Centers for Medicaid and Medicare (CMS). Molina also provides plans through health insurance exchanges.
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