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MultiPlan (MultiPlan) Pre-Tax Income : $-670.6 Mil (TTM As of Mar. 2024)


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What is MultiPlan Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. MultiPlan's pretax income for the three months ended in Mar. 2024 was $-561.7 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-670.6 Mil. MultiPlan's pretax margin was -239.51%.

During the past 6 years, MultiPlan's highest Pretax Margin was 12.12%. The lowest was -69.90%. And the median was -5.03%.


MultiPlan Pre-Tax Income Historical Data

The historical data trend for MultiPlan's Pre-Tax Income 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.

* Premium members only.

MultiPlan Pre-Tax Income Chart

MultiPlan Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial 10.51 -546.91 135.45 -560.74 -107.06

MultiPlan Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.90 -46.17 -31.02 -31.78 -561.67

Competitive Comparison of MultiPlan's Pre-Tax Income

For the Health Information Services subindustry, MultiPlan's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


MultiPlan's Pre-Tax Income Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MultiPlan's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where MultiPlan's Pre-Tax Income falls into.



MultiPlan Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

MultiPlan's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=170.046+47.869+-333.208+8.233+2.8421709430404E-14
=-107.1

MultiPlan's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=32.614+-513.007+-82.198+0.926+-1.1368683772162E-13
=-561.7

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-670.6 Mil.

* 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.


MultiPlan  (NYSE:MPLN) Pre-Tax Income Explanation

MultiPlan's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-561.665/234.508
=-239.51%

During the past 6 years, MultiPlan's highest Pretax Margin was 12.12%. The lowest was -69.90%. And the median was -5.03%.

* 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.


MultiPlan Pre-Tax Income Related Terms

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MultiPlan (MultiPlan) Business Description

Traded in Other Exchanges
N/A
Address
115 Fifth Avenue, New York, NY, USA, 10003
MultiPlan Corp is a provider of data analytics and technology-enabled solutions designed to bring affordability, efficiency, and fairness to the U.S. healthcare industry. The company interprets clients' needs and customizes solutions that combine its payment integrity, network-based, and analytics-based services. The Company's focus is being a value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry.
Executives
John Michael Prince director 115 FIFTH AVE., NEW YORK NY 10003
Nutter Carol officer: SVP, Chief People Officer 115 FIFTH AVE., NEW YORK NY 10003
Anthony Jr Colaluca director MULTIPLAN CORPORATION, 115 FIFTH AVENUE, NEW YORK NY 10003
Mark Tabak director, officer: Chief Executive Officer 115 FIFTH AVENUE, NEW YORK NY 10003
Michael Kim officer: See Remarks POLARIS PARENT CORP, 115 FIFTH AVENUE, NEW YORK NY 10003
Michael K. Attal director 425 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10022
James M Head officer: EVP & Chief Financial Officer 3001 COLORADO BLVD, DENTON TX 76210
Julie D Klapstein director 1239 FRUIT COVE ROAD NORTH, JACKSONVILLE FL 32259
C Martin Harris director
H&f Corporate Investors Viii, Ltd. 10 percent owner 415 MISSION STREET, SUITE 5700, SAN FRANCISCO CA 94105
Music Investments Gp, Llc 10 percent owner C/O HELLMAN & FRIEDMAN, ONE MARTIME PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
Music Investments, L.p. 10 percent owner C/O HELLMAN & FRIEDMAN, ONE MARTIME PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
Glenn R August director C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Paul Galant officer: President, New Markets 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Michael Stuart Klein director, 10 percent owner, officer: Chief Executive Officer C/O DAVIS POLK & WARDWELL, 450 LEXINGTON AVENUE, NEW YORK NY 10017

MultiPlan (MultiPlan) Headlines

From GuruFocus

MultiPlan Announces CEO Succession Plan

By Business Wire 01-04-2024

MultiPlan Reports Second Quarter 2023 Results

By Business Wire 08-02-2023

MultiPlan Announces $100 Million Share Repurchase Program

By Business Wire Business Wire 02-28-2023

MultiPlan Corporation to Host Analyst and Investor Day

By Business Wire Business Wire 06-12-2023

MultiPlan Corporation Announces Participation at Upcoming Conferences

By Business Wire Business Wire 02-16-2023

MultiPlan Named a Best Workplace in New York

By Business Wire Business Wire 06-14-2023

MultiPlan Corporation Announces Settlement of Delaware Litigation

By Business Wire Business Wire 11-18-2022