Skip to content
Molina Healthcare logo

Molina Healthcare

MOH

Molina Healthcare is a managed care organization that provides health insurance and services exclusively through government-sponsored programs.

Market cap
$12.03B-7.3%
Revenue$45.1B+7.7%
Net income$646.0M-45.2%
Free cash flow$251.0M-73.5%
EPS (diluted)$11.98-41.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 22, 2026 (In 1 week)
Revenue estimate$10.8B
EPS estimate$1.37

Financials

Q1 2026

Income statement

See full
Revenue$10.8B-3.1%
Gross profit$1.5B-8.5%
Operating income$83.0M-80.8%
Net income$14.0M-95.3%
EPS (diluted)$0.27-95.0%

Balance sheet

See full
Cash & equivalents$5.3B+9.4%
Total debt$3.9B+4.8%
Total equity$4.1B-5.3%
Total assets$16.4B0.0%

Cash flow

See full
Operating cash flow$1.1B+469%
CapEx$27.0M+22.7%
Free cash flow$1.1B+528%

Valuation & ratios

Valuation

See full
Market cap$12.03B-7.3%
Enterprise value$10.66B-11.5%
P/E18.6×
P/S0.3×0.0×

Profitability

See full
Gross margin12.9%-2.4pp
FCF margin0.6%

Returns & leverage

See full
Debt / equity+0.1×
Current ratio1.6×0.0×

Competitors

Profile

Molina Healthcare is a managed care organization that provides health insurance and services exclusively through government-sponsored programs. The company focuses on serving low-income individuals and families, primarily through Medicaid, Medicare, and state insurance marketplaces. Its core value proposition is delivering high-quality, low-cost healthcare to high-acuity and vulnerable populations across the United States.

Competitive position

Molina is a leading pure-play provider of government-sponsored healthcare, positioning itself as a low-cost, high-efficiency operator with a significant footprint in Medicaid and dual-eligible markets.

GeographiesUnited States
Customer segmentsGovernment agencies, Low-income individuals, Seniors, Dual-eligible beneficiaries
Business modelManaged Care Organization (MCO), B2G (Business-to-Government), Capitation-based insurance
SuppliersIndependent physicians, Hospitals, Pharmaceutical manufacturers, Pharmacy Benefit Managers (PBMs), Cloud infrastructure providers
CustomersState Medicaid agencies, Centers for Medicare & Medicaid Services (CMS), Individual health plan members
Listed2003
Employees18.0K
CEOJoseph Michael Zubretsky
FilingsSEC EDGAR

Questions, answered.

What is Molina Healthcare's market cap?
Molina Healthcare (MOH) has a market capitalization of $12.0B and trades on NYSE.
What is Molina Healthcare's revenue and profitability?
Molina Healthcare generated $45.1B in trailing twelve-month revenue with net income of $646.0M, representing a net margin of 2.0%. Gross margin stands at 12.9%, with free cash flow of $251.0M. These figures are based on the Q1 2026 filing.
Who are Molina Healthcare's competitors?
Molina Healthcare's key competitors include Centene Corporation, Humana, Inc., UnitedHealth Group Inc., and others. These companies compete in similar markets and product categories.
Who does Molina Healthcare partner with?
Molina Healthcare's notable partners include CVS Caremark.
What subsidiaries does Molina Healthcare have?
Molina Healthcare's subsidiaries include ConnectiCare Holding Company, Inc..
Where is Molina Healthcare headquartered?
Molina Healthcare is headquartered in United States of America and employs approximately 18,000 people. It has been publicly traded since 2003.