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Molina Healthcare MOH Medicaid — Liability for Claims and Claims Adjustment Expense

Other segment segments

Medicare
$701M-11.9%
Marketplace
$406M-2.2%
Other
$10M-63.0%

Similar metrics at other companies

Centene logo
CNCMedicaid — Medical claims liability
$11.42B+1.1%
Centene logo
CNCMedicaid — Liability for Unpaid Claims and Claims Adjustment Expense, Net
$11.4B+1.1%
Centene logo
CNCMedicaid — Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims
$21.96B+5.3%
Centene logo
CNCOther — Medical claims liability
$29M-83.6%
Centene logo
CNCMedicare — Medical claims liability
$4.07B+8.5%
Centene logo
CNCManaged Care — Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
$7.44B+77.7%

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:LiabilityForClaimsAndClaimsAdjustmentExpense.

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 medicaid — liability for claims and claims adjustment expense?
Molina Healthcare (MOH) reported medicaid — liability for claims and claims adjustment expense of $3.82B in Q1 2026.
How has Molina Healthcare's medicaid — liability for claims and claims adjustment expense changed year-over-year?
Molina Healthcare's medicaid — liability for claims and claims adjustment expense increased by 7.2% year-over-year, from $3.57B to $3.82B.
What is the long-term trend for Molina Healthcare's medicaid — liability for claims and claims adjustment expense?
Over 4 years (2021 to 2025), Molina Healthcare's medicaid — liability for claims and claims adjustment expense has grown at a 11.0% compound annual growth rate (CAGR), from $9.48B to $14.39B.
What does medicaid — liability for claims and claims adjustment expense mean?
The total estimated amount the company owes for medical claims that have occurred but have not yet been paid.
How do you interpret medicaid — liability for claims and claims adjustment expense?
An increase may indicate rising medical costs or slower claims processing, while a decrease could suggest improved efficiency or lower utilization.
How does medicaid — liability for claims and claims adjustment expense compare across companies?
Standard liability item for managed care organizations; comparable to 'IBNR' (Incurred But Not Reported) reserves at peer health insurers.