Molina Healthcare, Inc. logo MOH - Molina Healthcare, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 17
HOLD 15
SELL 6
STRONG
SELL 0
| PRICE TARGET: $169.75 DETAILS
HIGH: $224.00
LOW: $124.00
MEDIAN: $160.50
CONSENSUS: $169.75
DOWNSIDE: 7.81%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Revenue
Revenue 45,426 40,650 34,072 31,974 27,771 19,423 16,829 18,890 19,883 17,711 14,072 9,666.6 6,588.9 6,028.8 4,769.9 4,086.0 3,669.4 3,112.4 2,492.5 2,005.0 1,650.1 1,175.3 793.5 644.2 503.9 329.4 185.8
Cost of Revenue 41,351 35,914 29,738 28,048 24,491 16,746 14,394 16,266 18,003 15,941 12,434 8,616.1 5,713.6 5,397.0 4,004.0 3,449.5 3,176.2 2,621.3 2,080.1 1,678.7 1,424.9 984.7 657.9 530.0 408.4 0 0
Gross Profit 4,075 4,736 4,334 3,926 3,280 2,677 2,435 2,624 1,880 1,770 1,638 1,050.5 875.3 631.8 577.5 636.5 493.1 491.1 412.4 326.3 225.2 190.6 135.6 644.2 95.4 329.4 185.8
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 3,009 2,743 2,462 2,311 2,068 1,480 1,296 1,333 1,594 1,393 1,147 764.7 666.0 532.6 415.9 346.0 399.1 344.8 285.3 229.1 163.3 94.2 61.5 61.2 42.8 38.7 18.5
Other Expenses 285 286 299 442 192 119 89 15,680 18,352 139 104 92.9 72.7 77.7 205.3 185.5 38.1 33.7 28.7 21.5 16.1 8.9 6.3 4.1 2.4 266.5 149.8
Operating Expenses 3,294 3,029 2,761 2,753 2,260 1,599 1,385 17,013 19,946 1,532 1,251 857.6 738.7 596.3 621.2 531.5 437.3 378.4 314.0 250.5 179.4 103.0 67.9 65.3 45.2 305.2 168.3
Operating Income
Operating Income 781 1,707 1,573 1,173 1,020 1,078 1,044 1,131 (555) 306 387 192.9 136.6 41.1 80.2 105.0 57.4 112.6 98.3 75.8 45.8 87.6 67.7 48.8 50.2 24.2 17.5
Interest Expense 192 118 109 110 120 102 87 115 118 101 66 56.8 52.1 16.8 15.5 15.5 13.8 8.7 4.6 2.4 1.5 1.0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 976 1,893 1,744 1,349 1,126 1,151 1,148 1,241 (316) 488 514 332.7 214.1 118.3 210.2 165.8 94.0 146.3 126.3 97.3 60.9 95.3 74.1 1,182.4 52.6 26.3 19.1
EBIT 781 1,707 1,573 1,173 995 1,063 1,059 1,114 (494) 306 388 192 133.2 40.1 135.8 105.0 51.9 112.6 98.3 75.8 45.8 88.7 67.7 48.8 50.2 24.2 17.5
Income Before Tax 589 1,589 1,464 1,063 875 961 972 999 (612) 137 322 135.3 81.1 19.1 64.7 89.5 43.6 103.9 93.7 73.5 43.9 87.7 66.4 48.4 49.7 24.0 16.3
Income Tax Expense 117 410 373 271 216 288 235 292 (100) 129 179 72.7 36.3 9.3 43.8 34.5 12.7 41.5 35.4 27.7 16.3 31.9 23.9 17.9 19.5 9.1 8.0
Net Income 472 1,179 1,091 792 659 673 737 707 (512) 8 143 62.2 52.9 9.8 20.8 55.0 30.9 62.4 58.3 45.7 27.6 55.8 42.5 30.5 30.1 15.0 9.5
Per Share Data
EPS (Basic) 8.93 20.52 18.71 13.70 11.40 11.41 11.85 10.61 -9.14 0.93 2.75 1.33 1.16 0.21 0.45 1.34 0.79 1.50 1.37 1.09 0.67 1.38 1.27 1.02 1.01 0.50 0.31
EPS (Diluted) 8.92 20.42 18.78 13.54 11.25 11.24 11.48 10.55 -9.14 0.92 2.58 1.29 1.13 0.21 0.45 1.32 0.79 1.50 1.37 1.08 0.65 1.36 1.25 0.99 0.97 0.49 0.31
Shares Outstanding 50.8 57.4 58.1 57.8 57.8 59 62.2 66.6 56 55 52 47 46 46.4 45.8 41.2 39.0 41.7 42.4 41.9 41.6 40.4 33.3 30 30 30 30
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999
Current Assets
Cash & Cash Equivalents 4,248 4,662 4,848 4,006 4,438 4,154 2,452 2,826 3,186 2,819 469.5 387.2 228.1 141.8 139.3 102.8 45.8 26.1
Short-Term Investments 0 4,325 4,259 3,499 3,202 1,875 1,946 1,681 2,524 1,758 174.8 189.9 88.5 98.8 0 0 0 0
Net Receivables 3,533 3,299 3,104 2,302 2,177 1,672 1,406 1,330 871 1,013 142.7 132.6 65.4 53.7 30.5 0 0 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 4,663 487 331 277 0 0 0 476 691 267 8.8 9.1 4.0 2.4 2.1 (102.8) (45.8) (26.1)
Total Current Assets 12,444 12,773 12,542 10,084 10,064 7,876 5,967 6,462 7,511 5,988 810.2 733.5 394.3 302.1 177.6 0 0 0
Non-Current Assets
Property, Plant & Equipment 301 288 270 259 396 391 385 241 342 454 78.2 65.1 25.8 18.4 13.7 0 0 0
Goodwill 2,195 1,671 1,241 1,115 982 692 143 143 186 620 133.4 113.5 44.4 3.8 0 0 0 0
Intangible Assets 0 267 208 275 270 249 29 47 69 140 80.8 79.1 54.3 8.4 6.1 0 0 0
Long-Term Investments 0 0 0 0 0 0 79 120 119 110 96.0 96.4 4.1 7.9 3.4 0 0 0
Other Non-Current Assets 446 424 404 361 391 255 105 24 141 127 45.4 56.1 10.8 2 2 0 0 0
Total Non-Current Assets 3,120 2,857 2,350 2,230 2,145 1,656 820 692 960 1,460 433.8 414.6 139.5 42.5 27.4 0 0 0
Total Assets 15,564 15,630 14,892 12,314 12,209 9,532 6,787 7,154 8,471 7,449 1,244.0 1,148.1 533.9 344.6 205.0 149.6 102.0 101.6
Current Liabilities
Account Payables 0 1,331 1,252 889 842 641 502 390 366 385 387.0 358.7 183.2 117.0 102.9 0 0 0
Short-Term Debt 0 0 0 0 0 0 18 240 652 471 0 0 0.2 0 0.1 0 0 17.3
Deferred Revenue 0 51 418 359 370 375 249 211 282 315 102.0 13.8 0 0 0 0 0 0
Other Current Liabilities 7,372 0 0 0 0 0 (18) 476 522 267 0 0 1.7 0 0 0 0 (17.3)
Total Current Liabilities 7,372 7,896 8,168 6,855 7,047 4,965 3,269 4,246 5,557 4,570 489.0 388.2 192.1 119.8 102.9 0 0 0
Non-Current Liabilities
Long-Term Debt 3,766 2,923 2,180 2,176 2,173 2,127 1,237 1,020 1,318 975 184.4 192.2 1.7 0 3.3 3.4 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 15 12.5 12.9 5.3 0 0 0 0 0
Other Non-Current Liabilities 173 120 124 104 140 119 90 44 61 42 15.4 22.9 4.1 3.4 3.5 (3.4) 0 0
Total Non-Current Liabilities 4,123 3,238 2,509 2,495 2,532 2,471 1,558 1,261 1,577 1,230 212.3 228.1 11.1 3.4 6.8 0 0 0
Total Liabilities 11,495 11,134 10,677 9,350 9,579 7,436 4,827 5,507 7,134 5,800 701.3 616.3 203.2 123.3 109.7 84.9 67.4 81.0
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0.0 0.0 0 0 0
Retained Earnings 3,602 4,091 3,887 2,796 2,399 1,860 1,781 1,012 298 810 414.6 383.8 193.6 137.8 95.3 0 0 0
Accumulated Other Comprehensive Income 15 (57) (82) (160) (5) 37 4 (8) (5) (2) (1.8) (2.3) (0.2) 0.1 0 0 0 0
Total Stockholders' Equity 4,069 4,496 4,215 2,964 2,630 2,096 1,960 1,647 1,337 1,649 542.7 531.8 330.6 221.3 95.3 64.8 34.6 20.6
Total Liabilities & Equity 15,564 15,630 14,892 12,314 12,209 9,532 6,787 7,154 8,471 7,449 1,244.0 1,148.1 533.9 344.6 205.0 149.6 102.0 101.6
Debt Metrics
Total Debt 3,950 3,118 2,385 2,391 2,392 2,352 1,486 1,458 2,169 1,645 184.4 192.2 1.9 0 3.4 3.4 0 17.3
Net Debt (298) (1,544) (2,463) (1,615) (2,046) (1,802) (966) (1,368) (1,017) (1,174) (285.1) (194.9) (226.2) (141.8) (135.9) (99.3) (45.8) (8.8)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002
Operating Activities
Net Income 472 1,179 1,091 792 659 673 737 707 (512) 8 27.6 55.8 42.5 30.5
Depreciation & Amortization 195 186 171 176 131 88 89 127 178 182 15.1 8.9 6.3 4.1
Stock-Based Compensation 47 116 115 103 72 57 39 27 46 26 1.3 0.2 1.2 0
Change in Working Capital (1,289) (898) 314 (448) 1,223 1,064 (433) (1,249) 589 388 48.7 19.6 (5.0) 33.1
Other Non-Cash Items (3) 8 2 216 58 27 (15) 80 597 47 2.9 4.5 0.5 (20.6)
Operating Cash Flow (535) 644 1,662 773 2,119 1,890 427 (314) 804 673 97.3 91.0 45.6 45.7
Investing Activities
Capital Expenditure (101) (100) (84) (91) (77) (74) (57) (30) (86) (176) (14.0) (10.8) (8.4) (6.2)
Acquisitions (245) (344) (3) (134) (129) (755) 0 190 0 (48) (40.9) (51.8) 0 0
Purchases of Investments (751) (1,132) (1,433) (1,913) (2,713) (670) (2,536) (1,444) (2,718) (1,929) (63.8) (441.3) (196.8) 0
Sales/Maturities of Investments 1,408 1,111 772 1,398 1,329 1,097 2,302 2,445 1,771 1,966 48.2 450.0 98.0 0
Other Investing Activities 1 1 4 (50) (63) 2 (2) (18) (40) (15) (2.2) 3.7 (11.5) (2.9)
Investing Cash Flow 312 (464) (744) (790) (1,653) (400) (293) 1,143 (1,073) (202) (72.6) (50.0) (118.6) (9.1)
Financing Activities
Net Debt Issuance 838 740 0 0 17 859 (20) (662) 625 0 (5.4) (4.6) 6.6 (0.1)
Stock Repurchased (1,000) (1,000) (60) (400) (128) (606) (47) 0 0 0 0 0 (40) 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (8) (87) 2 (41) (19) (36) (485) (531) (8) 1 0 2.5 (10.6) 0
Financing Cash Flow (170) (347) (58) (441) (183) 217 (552) (1,193) 636 19 (3.6) 45.2 75.6 (0.1)
Cash Position
Net Change in Cash (393) (167) 860 (458) 283 1,715 (418) (364) 367 490 21.1 86.2 2.5 36.5
Cash at Beginning 4,741 4,908 4,048 4,506 4,223 2,508 2,926 3,290 2,819 2,329 228.1 141.8 139.3 102.8
Cash at End 4,348 4,741 4,908 4,048 4,506 4,223 2,508 2,926 3,186 2,819 249.2 228.1 141.8 139.3
Free Cash Flow (636) 544 1,578 682 2,042 1,816 370 (344) 718 497 83.3 80.3 37.2 39.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Income Statement
Revenue 45,426 40,650 34,072 31,974 27,771 19,423 16,829 18,890 19,883 17,711 14,072 9,666.6 6,588.9 6,028.8 4,769.9 4,086.0 3,669.4 3,112.4 2,492.5 2,005.0 1,650.1 1,175.3 793.5 644.2 503.9 329.4 185.8
Gross Profit 4,075 4,736 4,334 3,926 3,280 2,677 2,435 2,624 1,880 1,770 1,638 1,050.5 875.3 631.8 577.5 636.5 493.1 491.1 412.4 326.3 225.2 190.6 135.6 644.2 95.4 329.4 185.8
Operating Income 781 1,707 1,573 1,173 1,020 1,078 1,044 1,131 (555) 306 387 192.9 136.6 41.1 80.2 105.0 57.4 112.6 98.3 75.8 45.8 87.6 67.7 48.8 50.2 24.2 17.5
Net Income 472 1,179 1,091 792 659 673 737 707 (512) 8 143 62.2 52.9 9.8 20.8 55.0 30.9 62.4 58.3 45.7 27.6 55.8 42.5 30.5 30.1 15.0 9.5
EPS (Diluted) 8.92 20.42 18.78 13.54 11.25 11.24 11.48 10.55 -9.14 0.92 2.58 1.29 1.13 0.21 0.45 1.32 0.79 1.50 1.37 1.08 0.65 1.36 1.25 0.99 0.97 0.49 0.31
Balance Sheet
Cash & Equivalents 4,248 4,662 4,848 4,006 4,438 4,154 2,452 2,826 3,186 2,819 469.5 387.2 228.1 141.8 139.3 102.8 45.8 26.1
Total Assets 15,564 15,630 14,892 12,314 12,209 9,532 6,787 7,154 8,471 7,449 1,244.0 1,148.1 533.9 344.6 205.0 149.6 102.0 101.6
Total Debt 3,950 3,118 2,385 2,391 2,392 2,352 1,486 1,458 2,169 1,645 184.4 192.2 1.9 0 3.4 3.4 0 17.3
Stockholders' Equity 4,069 4,496 4,215 2,964 2,630 2,096 1,960 1,647 1,337 1,649 542.7 531.8 330.6 221.3 95.3 64.8 34.6 20.6
Cash Flow
Operating Cash Flow (535) 644 1,662 773 2,119 1,890 427 (314) 804 673 97.3 91.0 45.6 45.7
Capital Expenditure (101) (100) (84) (91) (77) (74) (57) (30) (86) (176) (14.0) (10.8) (8.4) (6.2)
Free Cash Flow (636) 544 1,578 682 2,042 1,816 370 (344) 718 497 83.3 80.3 37.2 39.5