ModivCare Pretax Profit Margin from 2010 to 2024

MODV Stock  USD 17.79  0.32  1.83%   
ModivCare Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin is likely to outpace its year average in 2024. During the period from 2010 to 2024, ModivCare Pretax Profit Margin regression line of quarterly data had r-squared of  0.17 and coefficient of variation of  644.83. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
(0.08)
Current Value
(0.07)
Quarterly Volatility
0.03951037
 
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 Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of ModivCare over the last few years. It is ModivCare's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

ModivCare Pretax Profit Margin Regression Statistics

Arithmetic Mean0.01
Coefficient Of Variation644.83
Mean Deviation0.03
Median0.02
Standard Deviation0.04
Sample Variance0
Range0.1596
R-Value(0.41)
Mean Square Error0
R-Squared0.17
Significance0.12
Slope(0)
Total Sum of Squares0.02

ModivCare Pretax Profit Margin History

2024 -0.0722
2023 -0.076
2021 0.0204
2020 0.0836
2019 -0.00366
2018 0.0165
2017 0.0395

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Pretax Profit Margin, 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
Pretax Profit Margin(0.08)(0.07)

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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.