Molina Healthcare, Inc.

NYSE•MOH

CEO: Mr. Joseph Michael Zubretsky

Sector: Healthcare

Industry: Medical - Healthcare Plans

Listing Date: 2003-07-02

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. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California.

Contact Information

200 Oceangate, Suite 100, Long Beach, CA, 90802, United States

562-435-3666

www.molinahealthcare.com

Market Cap

$7.28B

P/E (TTM)

15.2

24.3

Dividend Yield

52W High

$359.97

52W Low

$121.06

52W Range

Rank28Top 16.1%

5.3

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 5.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$11.38B+0.00%

4-Quarter Trend

EPS

-$3.15+0.00%

4-Quarter Trend

FCF

-$297.00M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Premium Revenue Increased 11% Premium revenue reached $43.1B USD, up 11% driven by ConnectiCare acquisition and Medicaid rate increases.

Net Income Dropped Significantly Net income fell to $472M USD from $1.179B USD due to higher medical costs outpacing revenue rates.

Medical Care Ratio Spiked Consolidated MCR rose 260 basis points to 91.7% reflecting challenging medical cost trends across all operating segments.

Medicaid Membership Declined Total membership slightly decreased to 5.491M members; Medicaid lost 322K members due to eligibility redeterminations.

Risk Factors

Medicaid Rates Lag Costs Fixed Medicaid rates may not keep pace with rising utilization and medical cost trends, compressing margins significantly.

Marketplace Subsidy Expiration Expiration of enhanced premium tax credits (APTCs) after 2025 could reduce Marketplace participation and membership levels.

OBBBA Medicaid Enrollment Risk New OBBBA legislation expected to cause 15% to 20% reduction in Medicaid Expansion enrollment by 2029.

Incurred Claims Estimation Risk Estimating IBNP liability requires significant judgment; cost trend variations could materially impact financial results.

Outlook

Pursuing Government Contracts Strategy focuses on pure-play government business, targeting 11% to 13% long-term premium revenue growth.

Exiting MAPD Product Line Intends to exit MAPD product in 2027 to focus exclusively on higher acuity dual-eligible Medicare members.

Share Repurchase Authorization Board authorized up to $1B share repurchase program through December 31, 2026, demonstrating capital deployment focus.

New Contract Revenue Secured 2025 RFP wins secured nearly $9B in incremental annual Medicaid premium revenue expected to commence in 2026.

Peer Comparison

Revenue (TTM)

MOH

$45.43B

+11.7%

DVA

$13.64B

+6.5%

HSIC

$13.18B

+4.0%

Gross Margin (Latest Quarter)

EXEL

95.6%

+0.1pp

HALO

77.4%

+1.4pp

GMED

72.0%

+6.5pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
MRNA	$21.71B	-7.6	-30.1%	15.5%
PEN	$13.21B	74.3	13.4%	12.0%
ENSG	$12.18B	35.1	16.6%	76.1%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

0.7%

Moderate Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

25%

Cash Flow Needs Attention

Deep Research

Next earnings:Apr 21, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data