Providence Service Corporation

Our core services are delivered in partnership with Providence-owned subsidiaries globally and throughout the US: LogistiCare, Matrix Medical Network and Ingeus. LogistiCare offers specific business lines tailored to government and commercial client solutions. We provide our clients with budget stability, accountability, improved efficiency and service. The LogistiCare transportation network management system combines proprietary logistics software with aggressive quality assurance to offer a superior outsourcing solution for human transportation programs. Matrix Medical Network partners with health plans across the US to deliver in-home care to Commercial, Managed Medicaid and Medicare Advantage members, to deliver innovative, personalized care. Matrix addresses the big-picture healthcare needs of our members—from health conditions to their support system and environmental factors that impact their overall well-being—and coordinate care with Primary Care Providers, health plans and community resources. Ingeus has become a leading provider of people-centered services, including employability programs, skills training and health-related support in 10 countries around the globe since it's inception 13 years ago. Currently, Ingeus' focus is on providing back-to-work and health and wellbeing services to long-term unemployed people, people with health conditions, single parents, young people, mature aged workers, and migrants and refugees. Ingeus now employs more than 2,000 people in around 150 offices internationally and in 2014 became part of Arizona-based human services provider Providence Service Corporation.
Company Growth (employees)
Type
Public
HQ
Stamford, US
Founded
1997
Size (employees)
7,590 (est)-16%
Providence Service Corporation was founded in 1997 and is headquartered in Stamford, US

Providence Service Corporation Office Locations

Providence Service Corporation has an office in Stamford
Stamford, US (HQ)
700 Canal Street, Third Floor

Providence Service Corporation Data and Metrics

Providence Service Corporation Financial Metrics

Providence Service Corporation's revenue was reported to be $1.6 b in FY, 2016 which is a 7% increase from the previous period.
USD

Revenue (FY, 2016)

1.6 b

Revenue growth (FY, 2015 - FY, 2016), %

7%

Net income (FY, 2016)

89.8 m

EBIT (FY, 2016)

8.6 m

Market capitalization (25-Jul-2017)

728.8 m

Cash (31-Mar-2017)

82.9 m
Providence Service Corporation's current market capitalization is $728.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.1 b1.1 b1.5 b1.6 b

Revenue growth, %

(3%)35%7%

Operating expense total

1.6 b

EBIT

27.2 m43 m1.9 m8.6 m

EBIT margin, %

2%4%0%1%

Interest expense

1.6 m

Pre tax profit

(1.9 m)

Income tax expense

17 m

Net Income

19.4 m20.3 m83.2 m89.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

99 m160.4 m84.8 m72.3 m

Accounts Receivable

4.8 m6.9 m16.3 m12.2 m

Current Assets

211.7 m374.6 m319.7 m294.9 m

PP&E

32.7 m57.1 m57.8 m46.2 m

Goodwill

113.3 m355.6 m340 m119.6 m

Total Assets

424.8 m1.2 b1.1 b694.4 m

Accounts Payable

3.9 m48.1 m30 m22.2 m

Current Liabilities

174.1 m339.5 m295.3 m227.3 m

Total Liabilities

319.2 m

Additional Paid-in Capital

194.4 m261.2 m293 m302 m

Retained Earnings

(33.6 m)(13.4 m)69.2 m156.7 m

Total Equity

150.6 m221.4 m290.1 m297.7 m

Financial Leverage

2.8 x5.3 x3.6 x2.3 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

123 m136.9 m170.1 m145.2 m106.7 m95.2 m68.8 m52.4 m82.9 m

Accounts Receivable

6.1 m5.1 m6.7 m15.1 m10.2 m14.8 m15.5 m9.3 m11.7 m

Current Assets

298.9 m301.7 m420.2 m418.8 m414.7 m305.5 m325.4 m323 m299.9 m

PP&E

45.6 m44.5 m58.7 m62.1 m51.3 m61.4 m67.3 m57.5 m47.1 m

Goodwill

175.5 m162.6 m354 m358.5 m

Total Assets

663 m657.8 m1.2 b1.2 b1.2 b1 b1 b1 b697.8 m

Accounts Payable

39.1 m32.2 m34.6 m56.4 m32 m28.5 m52.3 m22.5 m24.1 m

Current Liabilities

220.1 m222.3 m294.3 m320.9 m315.5 m283.6 m311.1 m593.8 m258.5 m

Additional Paid-in Capital

214.2 m220.4 m268.4 m270 m273.9 m293.8 m295.8 m300 m305.5 m

Retained Earnings

(20.7 m)(20.4 m)(7.1 m)(495 k)(6.1 m)70.3 m73.9 m73.4 m150.5 m

Total Equity

176.8 m175.7 m228.9 m243.1 m235.2 m270.9 m256.1 m236.5 m277.5 m

Financial Leverage

3.8 x3.7 x5.2 x5 x5.1 x3.8 x4 x4.3 x2.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

19.4 m20.3 m83.2 m89.8 m

Depreciation and Amortization

7.7 m14.1 m53.5 m26.6 m

Accounts Receivable

7.2 m(17 m)(87 m)(19.3 m)

Accounts Payable

18.9 m28.5 m(21.9 m)33.4 m

Cash From Operating Activities

55.2 m55.2 m13.2 m41.5 m

Purchases of PP&E

(10.2 m)(23.2 m)(35.1 m)(41.2 m)

Cash From Investing Activities

(13.8 m)(443.4 m)143.3 m323.9 m

Long-term Borrowings

(82.5 m)(48.6 m)(305.1 m)(357.5 m)

Cash From Financing Activities

2.1 m453.1 m(231.3 m)(376.5 m)

Interest Paid

5.8 m10.7 m16.7 m9.8 m

Income Taxes Paid

13.4 m18.4 m21.6 m55.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Accounts Receivable

6.1 m5.1 m6.7 m15.1 m10.2 m14.8 m15.5 m9.3 m11.7 m

Accounts Payable

39.1 m32.2 m34.6 m56.4 m32 m28.5 m52.3 m22.5 m24.1 m
Y, 2017

Financial Leverage

2.5 x

Providence Service Corporation Market Value History

Providence Service Corporation Revenue Breakdown

Providence Service Corporation Company Life and Culture

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