ModivCare (MODV) Revenue & Revenue Breakdown
ModivCare Revenue Highlights
Latest Revenue (Y)
$2.75B
Latest Revenue (Q)
$698.30M
Main Segment (Y)
Grant
ModivCare Revenue by Period
ModivCare Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.75B | 9.85% |
| 2022-12-31 | $2.50B | 25.41% |
| 2021-12-31 | $2.00B | 45.90% |
| 2020-12-31 | $1.37B | -9.36% |
| 2019-12-31 | $1.51B | 9.02% |
| 2018-12-31 | $1.38B | -14.71% |
| 2017-12-31 | $1.62B | 2.85% |
| 2016-12-31 | $1.58B | -6.87% |
| 2015-12-31 | $1.70B | 14.47% |
| 2014-12-31 | $1.48B | 31.93% |
| 2013-12-31 | $1.12B | 1.52% |
| 2012-12-31 | $1.11B | 17.28% |
| 2011-12-31 | $942.98M | 7.19% |
| 2010-12-31 | $879.70M | 9.82% |
| 2009-12-31 | $801.01M | 15.81% |
| 2008-12-31 | $691.67M | 142.55% |
| 2007-12-31 | $285.17M | 48.63% |
| 2006-12-31 | $191.86M | 31.67% |
| 2005-12-31 | $145.71M | 50.27% |
| 2004-12-31 | $96.97M | 63.58% |
| 2003-12-31 | $59.28M | 160.67% |
| 2002-12-31 | $22.74M | -99.09% |
| 2001-12-31 | $2.50B | - |
ModivCare generated $2.75B in revenue during NA 2023, up 9.85% compared to the previous quarter, and up 198.65% compared to the same period a year ago.
ModivCare Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $698.30M | 2.02% |
| 2024-03-31 | $684.45M | -2.62% |
| 2023-12-31 | $702.83M | 2.32% |
| 2023-09-30 | $686.92M | -1.74% |
| 2023-06-30 | $699.11M | 5.56% |
| 2023-03-31 | $662.31M | 1.28% |
| 2022-12-31 | $653.92M | 0.95% |
| 2022-09-30 | $647.78M | 3.11% |
| 2022-06-30 | $628.22M | 9.35% |
| 2022-03-31 | $574.48M | -0.23% |
| 2021-12-31 | $575.77M | 16.78% |
| 2021-09-30 | $493.06M | 3.92% |
| 2021-06-30 | $474.45M | 4.59% |
| 2021-03-31 | $453.61M | 13.83% |
| 2020-12-31 | $398.51M | 24.29% |
| 2020-09-30 | $320.62M | 13.59% |
| 2020-06-30 | $282.26M | -23.15% |
| 2020-03-31 | $367.29M | -4.56% |
| 2019-12-31 | $384.83M | -2.17% |
| 2019-09-30 | $393.38M | 8.10% |
| 2019-06-30 | $363.91M | -1.06% |
| 2019-03-31 | $367.81M | 1.96% |
| 2018-12-31 | $360.76M | -14.37% |
| 2018-09-30 | $421.32M | 2.31% |
| 2018-06-30 | $411.79M | 1.42% |
| 2018-03-31 | $406.05M | -0.21% |
| 2017-12-31 | $406.89M | -0.64% |
| 2017-09-30 | $409.52M | 0.38% |
| 2017-06-30 | $407.98M | 2.12% |
| 2017-03-31 | $399.49M | 3.51% |
| 2016-12-31 | $385.96M | -6.44% |
| 2016-09-30 | $412.51M | -8.46% |
| 2016-06-30 | $450.63M | 4.16% |
| 2016-03-31 | $432.65M | 1.82% |
| 2015-12-31 | $424.93M | -1.74% |
| 2015-09-30 | $432.45M | -14.91% |
| 2015-06-30 | $508.25M | 0.49% |
| 2015-03-31 | $505.80M | 11.51% |
| 2014-12-31 | $453.60M | 15.06% |
| 2014-09-30 | $394.22M | 14.61% |
| 2014-06-30 | $343.95M | 18.85% |
| 2014-03-31 | $289.40M | 4.54% |
| 2013-12-31 | $276.85M | 0.05% |
| 2013-09-30 | $276.71M | -3.80% |
| 2013-06-30 | $287.64M | 2.18% |
| 2013-03-31 | $281.49M | -1.76% |
| 2012-12-31 | $286.52M | 2.22% |
| 2012-09-30 | $280.29M | 0.48% |
| 2012-06-30 | $278.94M | 7.22% |
| 2012-03-31 | $260.15M | 6.48% |
| 2011-12-31 | $244.31M | 3.72% |
| 2011-09-30 | $235.55M | 0.10% |
| 2011-06-30 | $235.31M | 3.29% |
| 2011-03-31 | $227.81M | 3.90% |
| 2010-12-31 | $219.27M | 0.97% |
| 2010-09-30 | $217.15M | -2.33% |
| 2010-06-30 | $222.32M | 0.62% |
| 2010-03-31 | $220.96M | 2.46% |
| 2009-12-31 | $215.65M | 4.27% |
| 2009-09-30 | $206.82M | 7.81% |
| 2009-06-30 | $191.83M | 2.74% |
| 2009-03-31 | $186.71M | 4.90% |
| 2008-12-31 | $177.98M | 6.58% |
| 2008-09-30 | $167.00M | -3.48% |
| 2008-06-30 | $173.03M | -0.37% |
| 2008-03-31 | $173.66M | 76.01% |
| 2007-12-31 | $98.67M | - |
ModivCare generated $698.30M in revenue during Q2 2024, up 2.02% compared to the previous quarter, and up 105.43% compared to the same period a year ago.
ModivCare Revenue Breakdown
ModivCare Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Grant | $21.80M | $16.30M | - | - | - |
| Medicare And Medicaid Agency Contracts | - | - | $172.01M | - | - |
| Private Pay and Other Contracts | - | - | $36.59M | - | - |
| NET Services | - | - | - | $670.08M | $1.51B |
ModivCare's latest annual revenue breakdown by segment (product or service), as of Dec 23: Grant (100.00%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Grant | $14.00M | $13.70M | $6.50M | $1.60M | $5.90M | $6.20M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service | $15.30M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Service Revenue | - | - | - | $2.60M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Medicare And Medicaid Agency Contracts | - | - | - | - | - | - | $92.23M | $75.45M | $57.13M | $46.44M | $44.07M | - | - | - | - | - | - | - | - | - |
| State Medicaid Agency Contracts | - | - | - | - | - | - | $547.42M | $219.96M | $204.40M | $207.43M | $203.32M | - | - | - | - | - | - | - | - | - |
| Private Pay and Other Contracts | - | - | - | - | - | - | $8.13M | $9.89M | $13.60M | $15.71M | $7.18M | - | - | - | - | - | - | - | - | - |
| Managed Care Organization Contracts | - | - | - | - | - | - | - | - | - | $293.67M | $237.40M | $267.02M | $250.29M | - | - | - | - | - | - | - |
| Personal Care FFS Contract | - | - | - | - | - | - | - | - | - | - | $118.50M | - | - | - | - | - | - | - | - | - |
| RPM PMPM Contracts | - | - | - | - | - | - | - | - | - | - | $1.56M | - | - | - | - | - | - | - | - | - |
| Capitated Contracts | - | - | - | - | - | - | - | - | - | - | - | $312.08M | $296.24M | - | - | - | - | - | - | - |
| Non-Capitated Contracts | - | - | - | - | - | - | - | - | - | - | - | $162.37M | $157.38M | - | - | - | - | - | - | - |
| Personal Care | - | - | - | - | - | - | - | - | - | - | - | - | - | $54.00M | - | - | - | - | - | - |
| NET Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $154.69M | $151.54M | $180.73M | $384.83M | $196.89M | $177.77M |
ModivCare's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Service (52.22%), and Grant (47.78%).
ModivCare Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Jun 18 | Mar 18 |
|---|---|---|
| Other Foreign | - | - |
| UNITED STATES | $4.63M | $4.41M |
ModivCare's latest quarterly revenue breakdown by geography, as of Jun 18: UNITED STATES (100.00%).
ModivCare Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SEM | Select Medical | $6.66B | $1.76B |
| EHC | Encompass Health | $4.80B | $1.35B |
| ENSG | Ensign Group | $3.73B | $1.08B |
| MODV | ModivCare | $2.75B | $698.30M |
| SGRY | Surgery Partners | $2.74B | $762.10M |
| MD | Pediatrix Medical Group | $1.99B | $511.16M |
| HCSG | Healthcare Services Group | $1.67B | $428.15M |
| EHAB | Enhabit | $1.05B | $260.60M |
| INNV | InnovAge | $763.86M | $193.07M |
| PNTG | Pennant Group | $544.89M | $156.91M |
| CCM | Concord Medical Services | $537.40M | $34.94M |
MODV Revenue FAQ
What is ModivCare’s yearly revenue?
ModivCare's yearly revenue for 2023 was $2.75B, representing an increase of 9.85% compared to 2022. The company's yearly revenue for 2022 was $2.5B, representing an increase of 25.41% compared to 2021. MODV's yearly revenue for 2021 was $2B, representing an increase of 45.90% compared to 2020.
What is ModivCare’s quarterly revenue?
ModivCare's quarterly revenue for Q2 2024 was $698.3M, a 2.02% increase from the previous quarter (Q1 2024), and a -0.12% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $684.45M, a -2.62% decrease from the previous quarter (Q4 2023), and a 3.34% increase year-over-year (Q1 2023). MODV's quarterly revenue for Q4 2023 was $702.83M, a 2.32% increase from the previous quarter (Q3 2023), and a 7.48% increase year-over-year (Q4 2022).
What is ModivCare’s revenue growth rate?
ModivCare's revenue growth rate for the last 3 years (2021-2023) was 37.77%, and for the last 5 years (2019-2023) was 82.20%.
What are ModivCare’s revenue streams?
ModivCare's revenue streams in c 23 are Grant
What is ModivCare’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of ModivCare was Grant. This segment made a revenue of $21.8M, representing 100.00% of the company's total revenue.