MOH

Updated: Jul 09, 2026 12:48 AM

Molina Healthcare Inc

Market Cap: $12.13B P/S: 1x Ownership — Insider: 1.4% | Institutional: 111.8% | Retail: -13.2% HEALTHCARE HEALTHCARE PLANS

Molina Healthcare, Inc. provides managed care services to low-income individuals and families under the Medicaid and Medicare programs and through the state insurance marketplaces. The company is headquartered in Long Beach, California.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        20/20 dates (100%)
  ✅ grossProfit                         20/20 dates (100%)
  ✅ netIncome                           20/20 dates (100%)

Plot for MOH (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -45.43B     -22.71B       0.00B      22.71B        45.43B
               |           |            |           |             |

  2006-12-31 |                          |  2.00B
  2007-12-31 |                          |  2.49B
  2008-12-31 |                          |  3.11B
  2009-12-31 |                          |  3.67B
  2010-12-31 |                          |  4.09B
  2011-12-31 |                          |  4.77B
  2012-12-31 |                          |  6.03B
  2013-12-31 |                          |  6.59B
  2014-12-31 |                          |  9.67B
  2015-12-31 |                          |  14.07B
  2016-12-31 |                          |  17.71B
  2017-12-31 |                         |  19.88B
  2018-12-31 |                          |  18.89B
  2019-12-31 |                          |  16.83B
  2020-12-31 |                          |  19.42B
  2021-12-31 |                          |  27.77B
  2022-12-31 |                          |  31.97B
  2023-12-31 |                          |  34.07B
  2024-12-31 |                          |  40.65B
  2025-12-31 |                          |  45.43B

               |           |            |           |             |
               -45.43B     -22.71B       0.00B      22.71B        45.43B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ⚠️  SPARSE researchAndDevelopment              7/20 dates (35%)
  ✅ sellingGeneralAndAdministrative     20/20 dates (100%)
  ✅ costofGoodsAndServicesSold          20/20 dates (100%)

Plot for MOH (in B)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B      10.34B       20.68B       31.01B       41.35B
               |           |            |            |            |

  2006-12-31 |  1.68B ⊗
  2007-12-31 |  2.08B ⊗
  2008-12-31 |  2.62B ⊗
  2009-12-31 |  3.18B ⊗
  2010-12-31 |  3.45B ⊗
  2011-12-31 |  4.00B ⊗
  2012-12-31 |  5.40B
  2013-12-31 |  5.71B
  2014-12-31 |  8.62B
  2015-12-31 |  12.43B
  2016-12-31 |  15.94B
  2017-12-31 |  18.00B
  2018-12-31 |  16.27B
  2019-12-31 |  14.39B ⊗
  2020-12-31 |  16.75B ⊗
  2021-12-31 |  24.49B ⊗
  2022-12-31 |  28.05B ⊗
  2023-12-31 |  29.74B ⊗
  2024-12-31 |  35.91B ⊗
  2025-12-31 |  41.35B ⊗

               |           |            |            |            |
               0.00B      10.34B       20.68B       31.01B       41.35B

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         20/20 dates (100%)
  ✅ shortLongTermDebtTotal              20/20 dates (100%)
  ✅ operatingCashflow                   20/20 dates (100%)

Plot for MOH (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -4.85B      -2.42B        0.00B       2.42B         4.85B
               |           |            |           |             |

  2006-12-31 |                          |  0.40B
  2007-12-31 |                          |  0.46B
  2008-12-31 |                          |  0.39B
  2009-12-31 |                          |  0.47B
  2010-12-31 |                          |  0.46B
  2011-12-31 |                          |  0.49B
  2012-12-31 |                          |  0.80B
  2013-12-31 |                          |  0.94B
  2014-12-31 |                          |  1.54B
  2015-12-31 |                          |  2.33B
  2016-12-31 |                          |  2.82B
  2017-12-31 |                          |  3.19B
  2018-12-31 |                        |  2.83B
  2019-12-31 |                          |  2.45B
  2020-12-31 |                          |  4.82B
  2021-12-31 |                          |  4.44B
  2022-12-31 |                          |  4.01B
  2023-12-31 |                          |  4.85B
  2024-12-31 |                          |  4.66B
  2025-12-31 |                       |  4.25B

               |           |            |           |             |
               -4.85B      -2.42B        0.00B       2.42B         4.85B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   20/20 dates (100%)
  ✅ capitalExpenditures                 20/20 dates (100%)

Plot for MOH (in B)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -2.12B      -1.06B        0.00B       1.06B         2.12B
               |           |            |           |             |

  2006-12-31 |                          |  0.10B
  2007-12-31 |                          |  0.16B
  2008-12-31 |                          |  0.04B
  2009-12-31 |                          |  0.15B
  2010-12-31 |                          |  0.16B
  2011-12-31 |                          |  0.23B
  2012-12-31 |                          |  0.34B
  2013-12-31 |                          |  0.19B
  2014-12-31 |                          |  1.06B
  2015-12-31 |                          |  1.12B
  2016-12-31 |                          |  0.67B
  2017-12-31 |                          |  0.80B
  2018-12-31 |                      |  -0.31B
  2019-12-31 |                          |  0.43B
  2020-12-31 |                          |  1.89B
  2021-12-31 |                          |  2.12B
  2022-12-31 |                          |  0.77B
  2023-12-31 |                          |  1.66B
  2024-12-31 |                          |  0.64B
  2025-12-31 |                    |  -0.54B

               |           |            |           |             |
               -2.12B      -1.06B        0.00B       1.06B         2.12B

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         20/20 dates (100%)
  ✅ totalLiabilities                    20/20 dates (100%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for MOH (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B       3.91B        7.82B       11.72B       15.63B
               |           |            |            |            |

  2006-12-31 |  0.86B
  2007-12-31 |  1.17B
  2008-12-31 |  1.15B
  2009-12-31 |  1.24B
  2010-12-31 |  1.51B
  2011-12-31 |  1.65B
  2012-12-31 |  1.93B
  2013-12-31 |  3.00B
  2014-12-31 |  4.43B
  2015-12-31 |  6.58B
  2016-12-31 |  7.45B
  2017-12-31 |  8.47B
  2018-12-31 |  7.15B
  2019-12-31 |  6.79B
  2020-12-31 |  9.53B
  2021-12-31 |  12.21B
  2022-12-31 |  12.31B
  2023-12-31 |  14.89B
  2024-12-31 |  15.63B
  2025-12-31 |  15.56B

               |           |            |            |            |
               0.00B       3.91B        7.82B       11.72B       15.63B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           20/20 dates (100%)
  ✅ shortLongTermDebtTotal              20/20 dates (100%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for MOH (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -4.82B      -2.41B        0.00B       2.41B         4.82B
               |           |            |           |             |

  2006-12-31 |                          |  0.42B
  2007-12-31 |                          |  0.49B
  2008-12-31 |                          |  0.51B
  2009-12-31 |                          |  0.54B
  2010-12-31 |                          |  0.72B
  2011-12-31 |                          |  0.76B
  2012-12-31 |                          |  0.78B
  2013-12-31 |                          |  0.89B
  2014-12-31 |                          |  1.01B
  2015-12-31 |                          |  1.61B
  2016-12-31 |                          |  1.65B
  2017-12-31 |                       |  2.17B
  2018-12-31 |                          |  1.65B
  2019-12-31 |                          |  1.96B
  2020-12-31 |                          |  4.82B
  2021-12-31 |                          |  2.63B
  2022-12-31 |                          |  2.96B
  2023-12-31 |                          |  4.21B
  2024-12-31 |                          |  4.50B
  2025-12-31 |                          |  4.07B

               |           |            |           |             |
               -4.82B      -2.41B        0.00B       2.41B         4.82B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for MOH (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -11.48B     -5.74B        0.00B       5.74B        11.48B
               |           |            |           |             |

  2020-03-31 |                          |  4.55B
  2020-06-30 |                          |  4.62B
  2020-09-30 |                          |  5.02B
  2020-12-31 |                          |  5.24B
  2021-03-31 |                          |  6.52B
  2021-06-30 |                          |  6.80B
  2021-09-30 |                          |  7.04B
  2021-12-31 |                          |  7.41B
  2022-03-31 |                          |  7.77B
  2022-06-30 |                          |  8.05B
  2022-09-30 |                          |  7.93B
  2022-12-31 |                          |  8.22B
  2023-03-31 |                          |  8.15B
  2023-06-30 |                          |  8.33B
  2023-09-30 |                          |  8.55B
  2023-12-31 |                          |  9.05B
  2024-03-31 |                          |  9.93B
  2024-06-30 |                          |  9.88B
  2024-09-30 |                          |  10.34B
  2024-12-31 |                          |  10.50B
  2025-03-31 |                          |  11.15B
  2025-06-30 |                          |  11.43B
  2025-09-30 |                          |  11.48B
  2025-12-31 |                         |  11.38B
  2026-03-31 |                          |  10.80B

               |           |            |           |             |
               -11.48B     -5.74B        0.00B       5.74B        11.48B

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ⚠️  SPARSE researchAndDevelopment              0/25 dates (0%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for MOH (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B       2.67B        5.34B        8.01B       10.67B
               |           |            |            |            |

  2020-03-31 |  3.93B ⊗
  2020-06-30 |  3.83B ⊗
  2020-09-30 |  4.34B ⊗
  2020-12-31 |  4.65B ⊗
  2021-03-31 |  5.66B ⊗
  2021-06-30 |  6.00B ⊗
  2021-09-30 |  6.25B ⊗
  2021-12-31 |  6.57B ⊗
  2022-03-31 |  6.77B ⊗
  2022-06-30 |  7.09B ⊗
  2022-09-30 |  6.97B ⊗
  2022-12-31 |  7.22B ⊗
  2023-03-31 |  7.04B ⊗
  2023-06-30 |  7.21B ⊗
  2023-09-30 |  7.48B ⊗
  2023-12-31 |  8.01B ⊗
  2024-03-31 |  8.71B ⊗
  2024-06-30 |  8.67B ⊗
  2024-09-30 |  9.15B ⊗
  2024-12-31 |  9.39B ⊗
  2025-03-31 |  9.87B ⊗
  2025-06-30 |  10.26B ⊗
  2025-09-30 |  10.55B ⊗
  2025-12-31 |  10.67B ⊗
  2026-03-31 |  9.77B ⊗

               |           |            |            |            |
               0.00B       2.67B        5.34B        8.01B       10.67B

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for MOH (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -5.57B      -2.78B        0.00B       2.78B         5.57B
               |           |            |           |             |

  2020-03-31 |                          |  2.37B
  2020-06-30 |                          |  3.77B
  2020-09-30 |                         |  4.10B
  2020-12-31 |                          |  4.82B
  2021-03-31 |                          |  4.97B
  2021-06-30 |                          |  5.07B
  2021-09-30 |                          |  4.36B
  2021-12-31 |                          |  4.44B
  2022-03-31 |                          |  4.80B
  2022-06-30 |                          |  4.31B
  2022-09-30 |                          |  4.24B
  2022-12-31 |                         |  4.01B
  2023-03-31 |                          |  4.55B
  2023-06-30 |                          |  4.91B
  2023-09-30 |                          |  5.57B
  2023-12-31 |                       |  4.85B
  2024-03-31 |                          |  4.51B
  2024-06-30 |                         |  4.35B
  2024-09-30 |                          |  4.73B
  2024-12-31 |                         |  4.66B
  2025-03-31 |                          |  4.86B
  2025-06-30 |                         |  4.50B
  2025-09-30 |                         |  4.22B
  2025-12-31 |                         |  4.25B
  2026-03-31 |                          |  5.31B

               |           |            |           |             |
               -5.57B      -2.78B        0.00B       2.78B         5.57B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for MOH (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -1.30B      -0.65B        0.00B       0.65B         1.30B
               |           |            |           |             |

  2020-03-31 |                          |  0.14B
  2020-06-30 |                          |  0.61B
  2020-09-30 |                       |  -0.16B
  2020-12-31 |                          |  1.30B
  2021-03-31 |                          |  0.57B
  2021-06-30 |                          |  0.49B
  2021-09-30 |                          |  0.46B
  2021-12-31 |                          |  0.60B
  2022-03-31 |                          |  0.36B
  2022-06-30 |                          |  0.37B
  2022-09-30 |                          |  0.25B
  2022-12-31 |                      |  -0.21B
  2023-03-31 |                          |  0.92B
  2023-06-30 |                          |  0.49B
  2023-09-30 |                          |  0.95B
  2023-12-31 |             |  -0.69B
  2024-03-31 |                          |  0.21B
  2024-06-30 |                      |  -0.22B
  2024-09-30 |                          |  0.87B
  2024-12-31 |                      |  -0.22B
  2025-03-31 |                          |  0.19B
  2025-06-30 |                    |  -0.30B
  2025-09-30 |                        |  -0.12B
  2025-12-31 |                    |  -0.30B
  2026-03-31 |                          |  1.08B

               |           |            |           |             |
               -1.30B      -0.65B        0.00B       0.65B         1.30B

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         25/25 dates (100%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for MOH (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B       4.10B        8.20B       12.29B       16.39B
               |           |            |            |            |

  2020-03-31 |  7.13B
  2020-06-30 |  7.88B
  2020-09-30 |  7.88B
  2020-12-31 |  9.53B
  2021-03-31 |  9.95B
  2021-06-30 |  10.53B
  2021-09-30 |  11.03B
  2021-12-31 |  12.21B
  2022-03-31 |  12.36B
  2022-06-30 |  12.57B
  2022-09-30 |  12.79B
  2022-12-31 |  12.31B
  2023-03-31 |  13.37B
  2023-06-30 |  13.66B
  2023-09-30 |  14.87B
  2023-12-31 |  14.89B
  2024-03-31 |  15.51B
  2024-06-30 |  15.19B
  2024-09-30 |  15.76B
  2024-12-31 |  15.63B
  2025-03-31 |  16.39B
  2025-06-30 |  16.21B
  2025-09-30 |  15.70B
  2025-12-31 |  15.56B
  2026-03-31 |  16.39B

               |           |            |            |            |
               0.00B       4.10B        8.20B       12.29B       16.39B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for MOH (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -5.07B      -2.54B        0.00B       2.54B         5.07B
               |           |            |           |             |

  2020-03-31 |                          |  1.85B
  2020-06-30 |                          |  3.77B
  2020-09-30 |                          |  4.10B
  2020-12-31 |                          |  4.82B
  2021-03-31 |                          |  4.97B
  2021-06-30 |                          |  5.07B
  2021-09-30 |                          |  2.52B
  2021-12-31 |                          |  2.63B
  2022-03-31 |                          |  2.79B
  2022-06-30 |                          |  2.83B
  2022-09-30 |                          |  3.04B
  2022-12-31 |                          |  2.96B
  2023-03-31 |                          |  3.29B
  2023-06-30 |                          |  3.62B
  2023-09-30 |                          |  3.88B
  2023-12-31 |                          |  4.21B
  2024-03-31 |                          |  4.49B
  2024-06-30 |                          |  4.84B
  2024-09-30 |                          |  4.77B
  2024-12-31 |                          |  4.50B
  2025-03-31 |                          |  4.31B
  2025-06-30 |                          |  4.60B
  2025-09-30 |                          |  4.19B
  2025-12-31 |                         |  4.07B
  2026-03-31 |                          |  4.08B

               |           |            |           |             |
               -5.07B      -2.54B        0.00B       2.54B         5.07B

Price History

Volume

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