ModivCare Inc.

MODVQOTCHealthcare

$0.02

+$0.00(+0.00%)

Market Cap$215307

P/E Ratio—

52W High$6.24

52W Low$0.0001

Avg Volume21K

Open$0.00

Beta-0.13

Free Cash Flow Financials Revenue

ModivCare Inc. (MODVQ) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MODVQ · free cash flow · updated Jun 15, 2026

Core FCF metrics

MODVQ · FCF · TTM · margin & CAGR

Free cash flow was −$34.0M for FY2024 (fiscal year ending 2024-12-31), up 72.8% year-over-year The FCF margin was -1.2%.

FY2024 Free Cash Flow−$34.0M▲ +72.8% YoY

Trailing 12M (TTM)−$189.8Mtrailing 4 quarters sum

FCF Margin-1.2%−$34.0M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 15, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MODVQ · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2024Latest−$6.4M(28M)−$34.0M▲ +72.8%-1.2%

FY2023−$83.0M(42M)−$125.3M▼ 188.3%-4.5%

FY2022−$10.4M(33M)−$43.4M▼ 126.2%-1.7%

FY2021$186.8M(21M)$165.5M▼ 50.8%8.3%

FY2020$348.4M(12M)$336.3M▲ +571.5%24.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MODVQ · P/FCF · FCF yield · FCF per share

ModivCare Inc. (MODVQ) reported negative free cash flow of −$0.03B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2024 · 2024-12-31

Cash flow statement summary

MODVQ · cash flow statement · operating / investing / financing

For FY2024, ModivCare Inc. generated −$6.4M in operating cash flow and spent 28M in capital expenditures, yielding −$34.0M in free cash flow.

Operating Activities

−$6.4M

Cash from core business operations

2024-12-31

Investing Activities

−$27.6M

CapEx, acquisitions & investments

2024-12-31

Financing Activities

+$144.4M

Buybacks, dividends & debt

2024-12-31

FCF FormulaOperating CF (−$6.4M) − |CapEx| (28M) = FCF (−$34.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Healthcare)

MODVQ vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

ModivCare Inc.YOU

MODVQ

−$34.0M+72.8%-1.2%

Loss

UnitedHealth Group Incorporated

UNH

$16.07B-22.4%3.6%

82%

Eli Lilly and Company

LLY

$8.97B+2065.6%13.8%

46%

Healthcare · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

ModivCare Inc. (MODVQ) reported free cash flow of −$34.0M for FY2024 (fiscal year ending 2024-12-31), up 72.8% year-over-year. The FCF margin was -1.2%.

Based on available data, ModivCare Inc. has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $336.3M in FY2020.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MODVQ free cash flow · 8 questions

ModivCare Inc. free cash flow was −$34.0M for FY2024, up 72.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$189.8M.

MODVQ free cash flowMODVQ FCFMODVQ FCF 2024MODVQ free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · ModivCare Inc. · ModivCare Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 15, 2026