Magellan Health's EBIT is $-750K, below the Healthcare sector average of $22B.
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+ FollowAs of Sep 30, 2021
Trailing 12 months ending Sep 30, 2021
Magellan Health (MGLN) currently reports a EBIT of $-750K as of September 2021. That compares with $100M in the prior-year period — down 100.7% year over year. That is below the Healthcare sector average of $22B. Use the charts on this page to explore Magellan Health's EBIT history and peer comparisons.
Magellan Health's EBIT decreased from $100M to $-750K — a 100.7% year-over-year decrease (period ending September 2021). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Magellan Health's EBIT of $-750K is lower than the Healthcare sector average of $22B. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
Magellan Health reported $-750K in EBIT as of September 2021. That compares with $100M in the prior-year period — down 100.7% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.
Start with the current EBIT of $-750K, then check the historical chart for trend and the peer comparison chart for relative positioning. The Healthcare average is $22B. From there, open related valuation or income-statement pages for Magellan Health, and consider following MGLN for alerts when major investors trade the stock.