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Molina Healthcare MOH Change in benefits payable

Change in benefits payable at other companies

Humana logo
HumanaHUM
$2.72B+169%
UnitedHealth Group logo
UnitedHealth GroupUNH
$296M-90.1%
Centene logo
CenteneCNC
$95M-94.1%
Globe Life logo
Globe LifeGL
$5.28M+9.6%

Other financials

Income statement

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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

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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

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

Valuation

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Market cap$10.18B-61.5%
Enterprise value$8.81B-67.1%
P/E15.8×-7.6×
P/S0.2×-0.4×

Profitability

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Gross margin12.9%-2.4pp
Operating margin3%-1.2pp
Net margin2%-0.9pp
FCF margin0.6%

Returns & leverage

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Return on equity19.7%-6.7pp
Debt / equity+0.1×
Current ratio1.6×0.0×

Where this comes from

Reported directly by Molina Healthcare in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInHealthCareInsuranceLiabilities.

The official record: Molina Healthcare’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Molina Healthcare's change in benefits payable?
Molina Healthcare (MOH) reported change in benefits payable of $54M in Q1 2026.
How has Molina Healthcare's change in benefits payable changed year-over-year?
Molina Healthcare's change in benefits payable increased by 166.7% year-over-year, from -$81M to $54M.
What does change in benefits payable mean?
The change in the amount the company owes for medical services already provided to members.
How do you interpret change in benefits payable?
An increase indicates that the company is holding more cash by delaying claim payments, while a decrease indicates faster settlement of liabilities.
How does change in benefits payable compare across companies?
Specific to the insurance and managed care industry; peers manage this to balance provider relationships and cash liquidity.