Clover Health Investments (STU:7QD) Pre-Tax Income : €-151 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Clover Health Investments Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Clover Health Investments's pretax income for the three months ended in Mar. 2024 was €-21 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was €-151 Mil. Clover Health Investments's pretax margin was -6.68%.

During the past 5 years, Clover Health Investments's highest Pretax Margin was -8.85%. The lowest was -78.69%. And the median was -20.27%.

Clover Health Investments Pre-Tax Income Historical Data

The historical data trend for Clover Health Investments'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.

Clover Health Investments Pre-Tax Income Chart

Clover Health Investments Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

-327.36

-112.11

-520.16

-320.55

-195.65

Clover Health Investments Quarterly Data
	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													-74.44	-26.60	-38.86	-64.62	-21.32

Competitive Comparison of Clover Health Investments's Pre-Tax Income

For the Healthcare Plans subindustry, Clover Health Investments'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.

Clover Health Investments's Pre-Tax Income Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Clover Health Investments's Pre-Tax Income distribution charts can be found below:

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

Clover Health Investments Pre-Tax Income Calculation

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

Clover Health Investments'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
	=	-167.505	+	-28.141	+	-0.006	+	0	+	0
	=	-196

Clover Health Investments'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
	=	-20.562	+	-0.754	+	0	+	0	+	3.5527136788005E-15
	=	-21

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 €-151 Mil.

Clover Health Investments (STU:7QD) Pre-Tax Income Explanation

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

Pretax Margin	=	Pretax Income	/	Revenue
	=	-21.316	/	319.168
	=	-6.68%

During the past 5 years, Clover Health Investments's highest Pretax Margin was -8.85%. The lowest was -78.69%. And the median was -20.27%.

Clover Health Investments Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Clover Health Investments's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Clover Health Investments (STU:7QD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Clover Health Investments Corp (STU:7QD) » Definitions » Pre-Tax Income

Comparable Companies

BHG PFHO MRAI OSCR ALHC UNH ELV CI CVS HUM CNC MOH SZSE:000503 BSP:ODPV3 BSP:QUAL3 ROCO:6665 MIL:HI TSXV:NXG

Traded in Other Exchanges

CLOV:USA

Address

3401 Mallory Lane, Suite 210, Franklin, TN, USA, 37067

Website

https://www.cloverhealth.com

Clover Health Investments Corp is a healthcare technology company. It uses its proprietary technology platform to collect, structure, & analyze health & behavioral data to improve medical outcomes & lower costs for patients. The Group has two operating segments. The insurance segment provides PPO(Preferred provider Organization) & HMO(Health Maintenance Organization) plans to Medicare Advantage members in several states & seeks to improve care & lower costs which generally provide access to a wide network of primary care providers, specialists, & hospitals. Non-insurance segment includes the Company's operations relating to CMS' DC (Direct Contracting) Model, which provides options aimed at reducing expenditures & preserving or enhancing the quality of care for beneficiaries.

Clover Health Investments (STU:7QD) Headlines

No Headlines