WellCare Health Plans (WCG) stock price, revenue, and financials

WellCare Health Plans market cap is $17.6 b, and annual revenue was $20.41 b in FY 2018

$17.6 B

WCG Mkt cap, 23-Jan-2020

$7.1 B

WellCare Health Plans Revenue Q3, 2019
WellCare Health Plans Gross profit (Q3, 2019)7 B
WellCare Health Plans Gross profit margin (Q3, 2019), %98.2%
WellCare Health Plans Net income (Q3, 2019)238.4 M
WellCare Health Plans Cash, 30-Sept-20192.6 B
WellCare Health Plans EV17.1 B
Get notified regarding key financial metrics and revenue changes at WellCare Health PlansLearn more
Banner background

WellCare Health Plans Income Statement

Annual

USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

5.4b6.1b7.4b9.5b13.0b13.9b14.2b17.0b20.4b

Revenue growth, %

36%7%2%

Cost of goods sold

4.5b4.9b6.3b8.3b11.5b14.7b148.6m

Gross profit

903.6m1.2b1.1b1.3b1.5b2.3b20.3b

Gross profit Margin, %

17%20%15%13%12%13%99%

Sales and marketing expense

8.1m7.2m3.2m5.4m

General and administrative expense

895.9m718.0m690.8m856.5m1.0b1.5b1.7b

Operating expense total

976.4m818.4m799.8m969.4m1.2b1.8b19.6b

Depreciation and amortization

120.4m179.7m

EBIT

(72.8m)407.7m296.4m281.1m148.3m336.1m529.5m469.0m698.3m

EBIT margin, %

(1%)7%4%3%1%2%4%3%3%

Interest expense

229.0k6.5m4.1m11.9m39.4m54.2m59.1m68.5m87.5m

Investment income

18.7m(5.5m)

Pre tax profit

418.5m296.4m278.3m177.8m336.1m529.5m442.9m698.3m

Income tax expense

(19.4m)154.2m111.7m103.0m114.1m217.5m287.4m87.9m253.0m

Net Income

(53.4m)264.2m184.7m175.3m63.7m118.6m242.1m373.7m439.8m

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

1.3b1.4b1.5b1.5b1.5b1.8b1.8b1.8b2.3b2.3b2.5b3.0b3.2b3.4b3.5b3.5b3.4b3.5b3.6b3.6b4.0b4.3b4.4b4.6b4.6b5.1b6.8b7.0b7.1b

Cost of goods sold

1.1b1.1b1.2b1.2b1.2b1.5b1.5b1.5b2.0b2.0b2.1b2.6b2.8b3.0b3.1b3.0b2.9b3.1b3.0b3.0b3.5b3.7b3.7b4.0b3.9b33.5m111.8m123.2m128.9m

Gross profit

217.9m241.1m229.7m303.3m347.4m269.5m265.0m268.9m269.4m316.2m355.7m355.8m317.6m410.9m417.7m505.4m493.6m478.6m605.5m543.8m475.6m586.0m662.2m684.2m773.0m5.0b6.7b6.9b7.0b

Gross profit Margin, %

16%17%16%20%22%15%15%15%12%14%14%12%10%12%12%15%14%14%17%15%12%14%15%15%17%99%98%98%98%

General and administrative expense

404.8m161.7m169.2m164.8m178.4m161.7m159.0m176.8m213.4m205.4m218.8m245.3m228.9m261.5m255.5m279.6m268.9m278.0m268.5m302.4m365.5m372.3m355.9m377.9m433.2m503.8m486.8m567.4m

Operating expense total

410.7m167.9m194.7m187.6m204.9m187.4m185.7m204.6m242.2m234.3m244.1m275.6m283.5m295.5m363.3m364.7m393.5m389.7m398.8m390.9m372.4m444.1m450.3m523.0m539.1m4.8b503.8m486.8m567.4m

Depreciation and amortization

16.8m18.1m18.2m20.8m21.7m22.4m23.9m37.6m31.4m36.4m34.5m46.2m69.6m68.1m59.9m

EBIT

(192.8m)73.2m35.0m113.5m140.0m79.4m77.4m62.4m22.9m77.2m106.8m37.3m(14.6m)69.5m54.4m140.7m100.1m88.9m206.7m152.9m103.2m141.9m211.9m161.2m233.9m208.6m

EBIT margin, %

(14%)5%2%8%9%4%4%3%1%3%4%1%0%2%2%4%3%3%6%4%3%3%5%3%5%4%

Interest expense

33.0k117.0k77.0k98.0k3.6m1.2m997.0k1.0m1.6m2.2m2.2m9.2m9.3m9.5m11.3m12.5m15.1m15.8m14.6m14.6m16.2m18.1m17.1m17.1m17.1m23.6m29.5m31.1m29.4m

Investment income

(1.1m)23.2m(2.7m)(4.0m)6.6m800.0k1.7m20.4m

Pre tax profit

65.6m(3.5m)61.7m54.4m140.7m104.7m88.9m206.7m152.9m103.2m115.8m211.9m161.2m233.9m208.6m184.1m242.1m293.3m

Income tax expense

(64.0m)30.2m13.7m43.9m51.7m28.1m30.9m24.1m1.4m30.3m42.8m21.5m4.0m42.4m36.9m89.0m68.3m51.8m115.9m84.3m35.9m40.6m63.5m56.8m78.3m84.6m33.5m72.7m

Net Income

(128.9m)42.9m21.3m69.6m88.3m51.2m46.4m38.3m21.5m46.9m64.0m44.1m(7.5m)19.3m17.5m51.7m36.4m37.1m90.8m68.6m67.3m74.1m171.6m101.7m151.6m130.6m151.4m182.8m238.4m

WellCare Health Plans Balance Sheet

Annual

USDY, 2009FY, 2010Y, 2010Y, 2011FY, 2011Y, 2012FY, 2012Y, 2013FY, 2013FY, 2014Y, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.2b1.4b1.4b1.3b1.3b1.1b1.1b1.5b1.5b1.3b1.3b2.4b4.0b4.2b3.7b

Accounts Receivable

126.8m165.5m358.9m335.0m460.6m

Prepaid Expenses

114.5m173.0m96.3m115.0m170.5m291.0m477.1m

Current Assets

1.8b2.1b2.1b2.7b3.5b4.3b5.1b5.8b6.8b

PP&E

76.8m98.2m131.5m147.4m187.1m319.5m428.2m

Goodwill

111.1m111.1m223.8m236.8m263.2m263.2m392.5m660.7m2.2b

Total Assets

2.2b2.5b2.7b3.5b4.5b5.2b6.2b8.4b11.8b

Accounts Payable

8.3m3.3m18.6m22.3m18.9m405.2m665.6m788.1m964.6m

Short-term debt

11.3m15.0m300.0m

Current Liabilities

1.2b1.1b1.1b1.2b1.9b2.4b3.1b4.4b5.0b

Long-term debt

135.0m120.0m600.0m900.0m912.1m997.6m1.2b2.1b

Total Debt

146.3m135.0m600.0m900.0m1.2b997.6m1.2b2.1b

Total Liabilities

1.4b1.4b1.4b1.9b2.9b5.9b7.5b

Common Stock

425.0k429.0k432.0k400.0k400.0k400.0k500.0k

Preferred Stock

Additional Paid-in Capital

428.8m448.8m469.4m489.4m503.0m518.4m546.9m591.5m2.0b

Retained Earnings

405.1m669.4m854.1m1.0b1.1b1.2b1.5b1.8b2.3b

Total Equity

832.0m1.1b1.3b1.5b1.6b1.7b2.0b2.4b4.2b

Debt to Equity Ratio

0.4 x0.7 x0.5 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x

Financial Leverage

2.7 x2.2 x2 x2.3 x2.8 x3 x3.1 x3.5 x2.8 x

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

980.3m1.1b1.2b1.3b1.8b1.4b1.2b1.1b1.4b1.2b1.4b1.7b1.1b1.6b1.2b1.3b1.4b2.4b2.5b3.9b5.6b4.0b4.9b4.8b5.1b4.3b3.2b3.0b2.6b

Accounts Receivable

133.9m122.0m120.2m127.1m145.2m235.5m291.3m323.4m408.1m315.1m322.5m396.9m339.3m292.2m272.4m341.6m343.6m380.6m433.1m494.6m447.4m434.7m

Prepaid Expenses

106.2m121.1m117.8m127.0m139.7m164.5m47.4m67.7m94.4m97.8m111.6m112.9m145.8m187.8m116.2m102.0m163.7m125.7m183.0m198.0m264.7m260.5m318.7m270.4m311.1m608.9m1.1b1.3b1.6b

Current Assets

1.5b1.7b1.8b1.8b2.4b2.3b2.3b2.1b2.4b2.4b2.6b3.2b3.2b3.6b3.7b4.1b4.0b4.4b4.6b5.6b7.3b6.3b6.8b7.2b7.6b7.7b7.8b7.3b7.4b

PP&E

65.3m68.5m76.0m78.2m87.0m105.1m117.7m123.9m139.7m143.4m144.3m152.5m154.8m162.2m211.3m220.9m240.1m244.9m243.6m249.1m273.9m291.1m316.4m317.1m331.1m384.1m424.9m472.3m477.3m

Goodwill

111.1m111.1m111.1m111.1m111.1m111.1m111.1m111.1m238.9m236.8m236.8m244.9m244.9m263.2m263.2m263.2m263.2m263.2m290.4m289.8m377.5m651.5m648.2m661.8m677.4m1.8b2.2b2.2b2.3b

Total Assets

2.0b2.1b2.2b2.3b2.8b2.7b2.7b2.5b3.0b3.0b3.2b3.9b4.1b4.5b4.7b5.0b4.9b5.3b5.6b6.5b8.3b8.5b9.1b9.7b10.1b12.5b13.2b13.2b13.9b

Accounts Payable

8.1m8.9m7.6m6.6m6.8m9.1m12.7m8.8m14.6m12.3m16.4m19.0m17.4m24.7m27.7m27.1m24.5m383.6m411.1m486.6m468.8m541.6m577.9m550.1m604.1m868.8m1.3b1.5b1.9b

Short-term debt

9.4m13.1m15.0m15.0m38.0m38.0m39.9m300.0m900.0m

Current Liabilities

948.5m1.1b1.2b1.1b1.4b1.3b1.2b1.0b1.2b1.2b1.3b1.7b1.9b1.9b2.1b2.0b2.2b2.4b2.5b3.5b5.0b4.8b5.3b5.7b6.0b5.8b6.1b5.9b

Long-term debt

138.8m131.3m127.5m123.8m317.5m308.0m296.6m600.0m600.0m900.0m900.0m1.2b912.7m1.1b1.1b1.1b1.2b1.2b1.2b1.2b1.2b2.1b2.0b

Total Debt

148.1m144.4m142.5m138.8m355.5m346.0m336.5m600.0m600.0m900.0m900.0m1.2b1.2b1.1b1.1b1.1b900.0m1.2b1.2b1.2b1.2b2.1b2.0b

Total Liabilities

1.2b1.3b1.4b1.3b1.8b1.5b1.5b1.3b1.6b1.6b1.7b2.4b2.6b2.9b3.1b3.4b3.2b3.6b3.7b4.6b6.3b6.4b6.8b7.2b7.5b8.3b8.8b8.6b9.0b

Common Stock

424.0k425.0k426.0k427.0k428.0k431.0k431.0k431.0k434.0k435.0k437.0k400.0k400.0k400.0k400.0k400.0k400.0k400.0k400.0k400.0k400.0k400.0k400.0k400.0k400.0k500.0k500.0k500.0k500.0k

Additional Paid-in Capital

421.5m424.5m432.8m441.3m441.9m461.8m465.0m468.2m476.4m481.1m489.1m488.8m493.7m496.7m503.4m507.5m511.6m520.1m527.8m535.7m543.1m556.8m566.1m583.4m601.3m2.0b2.0b2.0b2.0b

Retained Earnings

336.1m379.0m426.4m496.0m584.3m720.6m767.0m805.3m875.6m922.5m986.5m1.1b1.1b1.1b1.1b1.2b1.2b1.2b1.3b1.4b1.5b1.6b1.8b1.9b2.1b2.2b2.4b2.6b2.8b

Total Equity

755.9m802.0m857.7m936.0m1.0b1.2b1.2b1.3b1.4b1.4b1.5b1.6b1.6b1.6b1.6b1.7b1.7b1.8b1.9b1.9b2.1b2.2b2.3b2.5b2.7b4.2b4.4b4.6b4.9b

Debt to Equity Ratio

0.2 x0.4 x0.4 x0.6 x0.7 x0.7 x0.6 x0.4 x0.5 x

Debt to Assets Ratio

0.1 x0.2 x0.1 x0.2 x0.2 x0.2 x0.2 x0.1 x0.1 x

Financial Leverage

2.6 x2.7 x2.6 x2.4 x2.8 x2.3 x2.2 x2 x2.2 x2.2 x2.2 x2.5 x2.7 x2.8 x2.9 x3 x2.9 x3 x3 x3.4 x4 x4 x3.9 x3.9 x3.8 x3 x3 x2.9 x2.9 x

WellCare Health Plans Cash Flow

Annual

USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(53.4m)264.2m184.7m175.3m63.7m118.6m242.1m373.7m439.8m

Depreciation and Amortization

23.9m26.5m31.5m44.1m59.9m120.4m179.7m

Accounts Receivable

(12.4m)(38.7m)(161.2m)(44.1m)(104.7m)

Accounts Payable

752.0k14.0m14.9m(30.8m)10.1m

Cash From Operating Activities

223.1m162.0m(30.7m)178.9m299.3m712.6m748.3m1.1b279.0m

Purchases of PP&E

(27.5m)(49.6m)(61.3m)(62.0m)(74.8m)(137.0m)(105.3m)(128.4m)(153.5m)

Cash From Investing Activities

(60.5m)(111.6m)(222.8m)(290.5m)(75.6m)(124.2m)(27.0m)(1.6b)(2.6b)

Short-term Borrowings

(3.7m)(11.2m)(25.0m)

Long-term Borrowings

(1.0m)(2.7m)(2.2m)(1.4m)(400.0m)

Cash From Financing Activities

38.9m(84.9m)29.0m493.6m(392.7m)505.1m833.1m828.2m1.7b

Net Change in Cash

201.4m(34.4m)(224.6m)382.0m(169.0m)237.2m(546.4m)

Interest Paid

228.0k5.9m3.6m6.3m36.9m51.9m57.3m57.0m68.2m

Income Taxes Paid

76.0m69.8m101.0m80.5m100.9m217.9m222.3m167.2m221.3m

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(122.5m)(79.5m)21.3m69.6m179.2m51.2m97.7m136.0m21.5m68.4m132.4m44.1m36.6m55.9m17.5m69.2m105.6m37.1m128.6m197.2m67.3m141.4m313.0m101.7m253.3m383.9m151.4m334.2m575.2m

Depreciation and Amortization

11.6m17.8m6.5m6.9m19.8m7.0m14.5m22.7m10.2m20.8m31.8m14.6m29.6m44.0m16.8m34.9m53.1m20.8m42.5m23.9m53.2m84.6m36.4m70.9m117.1m69.6m137.7m197.6m

Accounts Receivable

(24.0m)(12.0m)6.7m(291.0k)(18.3m)(34.6m)(93.6m)(125.7m)(49.2m)43.8m36.4m(144.4m)(86.8m)(39.7m)5.6m(50.7m)(52.7m)(45.6m)(98.1m)(138.7m)(89.4m)13.2m25.9m

Accounts Payable

(43.7m)(43.6m)(43.5m)(3.0m)(36.5m)(20.1m)(11.9m)(45.8m)(44.8m)(55.0m)35.3m(6.6m)(114.6m)41.8m26.7m(121.9m)

Cash From Operating Activities

(244.6m)(72.0m)(43.9m)319.0m8.3m(193.6m)(134.4m)31.1m(48.6m)229.7m(13.9m)(246.6m)179.4m(99.9m)(74.7m)237.9m(112.1m)(60.2m)1.1b394.5m334.9m1.2b445.7m776.6m198.0m506.5m907.6m

Purchases of PP&E

(6.9m)(16.2m)(8.7m)(30.8m)(15.4m)(34.6m)(47.7m)(15.9m)(30.9m)(49.0m)(13.2m)(27.9m)(46.4m)(35.8m)(63.6m)(94.6m)(16.8m)(37.6m)(61.5m)(23.8m)(54.4m)(92.6m)(24.2m)(52.5m)(87.5m)(38.1m)(107.5m)(157.7m)

Cash From Investing Activities

20.6m(13.5m)(120.4m)(112.4m)(53.3m)(96.0m)(68.1m)(61.4m)(144.0m)(153.3m)162.3m45.8m45.0m(40.1m)(76.8m)(103.4m)8.4m(29.1m)(53.8m)(363.5m)(1.2b)(1.5b)(240.6m)(366.2m)(2.6b)(487.5m)(1.0b)(1.8b)

Short-term Borrowings

(396.0k)(2.0m)(1.9m)(3.7m)(7.5m)(9.5m)(19.0m)(28.5m)(300.0m)(300.0m)(400.0m)(100.0m)(25.0m)

Long-term Borrowings

(138.0k)(935.0k)(1.9m)(592.0k)(915.0k)(1.5m)(323.0k)(688.0k)(1.1m)(400.0k)(700.0k)(1.1m)(100.0k)(100.0k)(100.0k)

Cash From Financing Activities

46.1m18.3m37.7m221.5m164.8m114.7m(60.3m)308.0m287.2m213.7m27.4m(167.5m)(156.4m)(600.0k)177.5m(24.9m)88.3m206.4m444.9m1.6b967.8m1.1b417.4m486.0m2.5b135.2m(48.6m)(102.1m)

Net Change in Cash

(177.9m)(67.1m)(126.6m)428.2m119.8m(174.9m)(262.8m)277.8m94.6m290.1m175.8m(368.3m)68.0m(140.6m)26.0m109.6m(15.4m)117.1m1.5b1.6b69.9m917.5m622.5m896.4m109.6m(382.3m)(1.0b)

Interest Paid

183.0k74.0k697.0k1.1m1.9m2.7m718.0k2.5m5.3m200.0k17.8m18.1m2.7m21.4m24.0m1.6m28.7m30.6m1.3m22.5m56.3m32.1m65.5m54.6m58.1m112.5m

Income Taxes Paid

10.7m35.7m446.0k46.1m162.0k73.3m100.0m1.1m3.5m22.3m3.3m49.1m68.2m20.7m69.9m161.5m1.5m69.6m153.1m63.9m94.9m149.5m2.0m86.9m174.6m6.7m88.3m101.4m

WellCare Health Plans Ratios

USDY, 2009

WellCare Health Plans Employee Rating

3.51239 votes
Culture & Values
3.8
Work/Life Balance
3.8
Senior Management
3.3
Salary & Benefits
3.9
Career Opportunities
3.5
Source