ModivCare Income Before Tax from 2010 to 2024

MODV Stock  USD 17.76  0.03  0.17%   
ModivCare Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. During the period from 2010 to 2024, ModivCare Income Before Tax regression line of quarterly data had mean square error of 6216.4 T and geometric mean of  17,721,045. View All Fundamentals
 
Income Before Tax  
First Reported
2000-09-30
Previous Quarter
-118.9 M
Current Value
-35 M
Quarterly Volatility
30.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ModivCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ModivCare's main balance sheet or income statement drivers, such as Interest Expense of 72.6 M, Selling General Administrative of 289.3 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0527 or PTB Ratio of 3.79. ModivCare financial statements analysis is a perfect complement when working with ModivCare Valuation or Volatility modules.
  
Check out the analysis of ModivCare Correlation against competitors.
For more information on how to buy ModivCare Stock please use our How to Invest in ModivCare guide.

Latest ModivCare's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of ModivCare over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on ModivCare income statement and is an important metric when analyzing ModivCare profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is ModivCare's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ModivCare's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

ModivCare Income Before Tax Regression Statistics

Arithmetic Mean(5,139,017)
Geometric Mean17,721,045
Coefficient Of Variation(1,685)
Mean Deviation53,038,353
Median16,693,000
Standard Deviation86,588,030
Sample Variance7497.5T
Range323.5M
R-Value(0.48)
Mean Square Error6216.4T
R-Squared0.23
Significance0.07
Slope(9,287,452)
Total Sum of Squares104964.8T

ModivCare Income Before Tax History

2024-198.6 M
2023-209.1 M
2022-4.9 M
202140.7 M
2020114.4 M
2019-5.5 M
201822.9 M

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ModivCare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax-209.1 M-198.6 M

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Additional Tools for ModivCare Stock Analysis

When running ModivCare's price analysis, check to measure ModivCare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ModivCare is operating at the current time. Most of ModivCare's value examination focuses on studying past and present price action to predict the probability of ModivCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ModivCare's price. Additionally, you may evaluate how the addition of ModivCare to your portfolios can decrease your overall portfolio volatility.