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WELLCARE HEALTH PLANS, INC. (WCG) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $336.71 Metrics
OS: 50.3 M 13 % ROE
Market cap: $16.9 B 31 % ROIC
Net cash: $3.68 B $73.13 per share
EV: $13.3 B

 
TTM Valuation
EBITDA $1.1 B 12.5 x EV/EBITDA
EBIT $801 M 16.6 x EV/EBIT
EPS $12.50 26.9 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11
Revenues20,414.117,007.214,237.113,890.212,959.99,527.97,409.06,106.8
            Revenue growth20.0%19.5%2.5%7.2%36.0%28.6%21.3%12.3%
Cost of goods sold148.60.00.00.00.08,277.46,312.74,956.7
Gross profit20,265.517,007.214,237.113,890.212,959.91,250.51,096.31,150.1
            Gross margin99.3%100.0%100.0%100.0%100.0%13.1%14.8%18.8%
Selling, general and administrative1,701.01,484.71,133.11,132.91,018.8856.5690.8642.1
EBITA766.4526.8558.6346.7185.5288.5298.7409.1
            EBITA margin3.8%3.1%3.9%2.5%1.4%3.0%4.0%6.7%
Amortization of intangibles72.732.710.410.613.17.42.31.5
EBIT693.7494.1548.2336.1172.4281.1296.4407.6
            EBIT margin3.4%2.9%3.9%2.4%1.3%3.0%4.0%6.7%
Pre-tax income692.8461.6529.5336.1177.8278.3296.4418.4
Income taxes253.087.9287.4217.5114.1103.0111.7154.2
            Tax rate36.5%19.0%54.3%64.7%64.2%37.0%37.7%36.9%
Net income439.8373.7242.1118.663.7175.3184.7264.2
            Net margin2.2%2.2%1.7%0.9%0.5%1.8%2.5%4.3%
 
Diluted EPS$9.29$8.31$5.43$2.67$1.44$3.98$4.21$6.10
Shares outstanding (diluted)47.445.044.644.444.244.043.843.3
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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