Molina Healthcare, Inc. (MOH) Stock Analysis
Healthcare · Healthcare Plans · NYSE
Molina Healthcare, Inc. (MOH) posted $45.43B in revenue for fiscal 2025 (up 11.7% year over year), at a 1.0% net margin, and has compounded revenue about 18.5%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Molina Healthcare, Inc.
Molina Healthcare, Inc. has grown revenue from $17.78B to $45.43B over the last 10 fiscal years, compounding about 18.5% a year. The most recent year was up 11.7%, so growth has cooled from its longer-run pace.
Net margin sits at 1%, down 1.9 points year over year on a 13.1% gross margin. It carries about $3.77B of total debt.
The one thing worth a second look in the filings is reported earnings run ahead of cash.
Synthesised from Molina Healthcare, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Molina Healthcare, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.78B | $19.88B | $18.89B | $16.83B | $19.42B | $27.77B | $31.97B | $34.07B | $40.65B | $45.43B |
| Gross profit | $1.73B | $1.81B | $2.52B | $2.30B | $2.48B | $4.07B | $4.80B | $5.40B | $6.22B | $5.94B |
| Net income | $52.00M | $-512.00M | $707.00M | $737.00M | $673.00M | $659.00M | $792.00M | $1.09B | $1.18B | $472.00M |
| Net margin | 0.3% | -2.6% | 3.7% | 4.4% | 3.5% | 2.4% | 2.5% | 3.2% | 2.9% | 1.0% |
Source: Molina Healthcare, Inc. SEC filings (10-K). 17 years of history available in the interactive view.
Molina Healthcare, Inc.: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Reported earnings run ahead of cashOver 3 years net income totalled $2742M but operating cash flow only $1771M — earnings aren't fully backed by cash, an accruals flag worth investigating.
- Debt with negative operating cash flowCarries $3766M of debt while last year's operating cash flow was negative ($-535M).
Explore 17 years of Molina Healthcare, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Molina Healthcare, Inc. financial history by metric
Compare Molina Healthcare, Inc. with peers
About Molina Healthcare, Inc.
Molina Healthcare, Inc. provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces in the United States. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company was founded in 1980 and is headquartered in Long Beach, California.
Molina Healthcare, Inc. — frequently asked questions
What is Molina Healthcare, Inc.'s revenue?
Molina Healthcare, Inc. (MOH) reported revenue of $45.43B for fiscal year 2025, up 11.7% from the prior year, according to its SEC filings.
Is Molina Healthcare, Inc. profitable?
Yes. MOH earned net income of $472.00M in fiscal 2025, a net margin of 1.0%.
What is MOH's P/E ratio?
Molina Healthcare, Inc. trades at a price-to-earnings ratio of about 52.7 based on the latest data in our nightly-refreshed cache.
How fast is Molina Healthcare, Inc. growing?
MOH's revenue grew at roughly 18.5% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Molina Healthcare, Inc. have?
As of fiscal year 2025, MOH carried roughly $3.77B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Molina Healthcare, Inc.'s gross margin?
MOH's gross margin was 13.1% in fiscal 2025 — gross profit of $5.94B on revenue of $45.43B.
What is Molina Healthcare, Inc.'s market cap?
Molina Healthcare, Inc. (MOH) has a market capitalization of about $10.26B, based on the latest data in our nightly-refreshed cache.
When does Molina Healthcare, Inc.'s fiscal year end?
MOH's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Molina Healthcare, Inc.'s official SEC filings (10-K and 10-Q), covering 17 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.