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Magellan Health's peak revenue was $5.8B in 2017. The peak quarterly revenue was $1.9B in 2018(q3).
Magellan Health's revenue increased from $2.6b in 2009 to $4.6B currently. That's a 73.27% change in annual revenue.
| Fiscal year / year | Magellan Health revenue |
|---|---|
| 2009 | $2.6B |
| 2010 | $3.0B |
| 2011 | $2.8B |
| 2012 | $3.2B |
| 2013 | $3.5B |
| 2014 | $3.8B |
| 2015 | $4.6B |
| 2016 | $4.8B |
| 2017 | $5.8B |
| 2018 | $5.0B |
| 2019 | $4.6B |
| 2020 | $4.6B |
How accurately did Magellan Health's revenue projections match actual performance?
Magellan Health saw the greatest revenue growth in 2015, when revenue increased by 22.27%.
Magellan Health had the lowest revenue growth in 2018, when revenue changed by -15.09%.
| Year | Magellan Health growth |
|---|---|
| 2010 | 12%↑ |
| 2011 | -6%↓ |
| 2012 | 15%↑ |
| 2013 | 11%↑ |
| 2014 | 6%↑ |
| 2015 | 22%↑ |
| 2016 | 5%↑ |
| 2017 | 21%↑ |
| 2018 | -15%↓ |
| 2019 | -8%↓ |
| 2020 | 0%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2010 | - | $741.7M | $750.3M | $749.2M |
| 2011 | $692.8M | $698.3M | $686.8M | $721.5M |
| 2012 | $773.2M | $805.5M | $798.4M | $830.3M |
| 2013 | $821.8M | $842.7M | $873.6M | $1.0B |
| 2014 | $966.5M | $888.0M | $923.2M | $982.5M |
| 2015 | $981.0M | $1.2B | $1.2B | $1.3B |
| 2016 | $1.1B | $1.2B | $1.3B | $1.3B |
| 2017 | $1.3B | $1.4B | $1.4B | $1.7B |
| 2018 | $1.8B | $1.8B | $1.9B | ($512.0M) |
| 2019 | $1.7B | $1.8B | $1.2B | $1.1B |
| 2020 | $1.1B | $1.1B | $1.2B | $1.2B |
| 2021 | $1.2B | $1.2B | $1.3B | - |
Do you work at Magellan Health?
Did Magellan Health meet its revenue projections?
| CEO | Mostafa Kamal |
| Industry | Commercial & Professional Services |
| Company Type | Public |
| Employees Number | 9,092 |
| Date Founded | 1969 |
| Headquarters | Scottsdale, Arizona |
| Number of Locations | 4 |
| Revenue | $4.6B |
| Net Income | $382,335,000 |
| Gross Proft | $118.8M (2020) |
| EBITDA | $463.0M (2020) |
| PE Ratio | 5.28 |
| Tax Rate | 1.1% |
| Market Capitalization | $2.0B |
| Total Assets | $3,359,855,000 |
| Ticker | MGLN |
Magellan Health received early financing of $101.0M on 2004-01-05.
| Series | Round size | Date |
|---|---|---|
| Private Equity | $101M | 01/2004 |
| Investors | Security type |
|---|---|
| Onex | Private Equity |
Magellan Health's top competitor, Aetna, earned an annual revenue of $60.6B.
Magellan Health's smallest competitor is Monroe Plan for Medical Care with revenue of $330.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Psychcare | $48,346 | $1.0M | 125 | - |
| MedImpact Healthcare Systems | $72,342 | $1.5B | 650 | 74 |
| Blount Memorial Hospital | $37,297 | $1.1B | 3,000 | 1 |
| Community Health Systems | $54,553 | $12.6B | 120,000 | 5,122 |
| Cypress Care | $63,198 | $50.5M | 50 | 59 |
| FHC Health Systems | $55,670 | $650.0M | 3,000 | - |
| Senior Whole Health | $50,784 | $44.1M | 350 | - |
| Veridicus Health | $73,789 | $11.0M | 175 | - |
| Aetna | $61,847 | $60.6B | 47,950 | 9 |
| WellCare Health Plans | $58,745 | $20.4B | 14,000 | - |
Zippia gives an in-depth look into the details of Magellan Health, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Magellan Health. The employee data is based on information from people who have self-reported their past or current employments at Magellan Health. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Magellan Health. The data presented on this page does not represent the view of Magellan Health and its employees or that of Zippia.
Magellan Health may also be known as or be related to Magellan Health, Magellan Health Inc, Magellan Health Services and Magellan Health, Inc.