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Molina Healthcare, Inc.

MOHHealthcareNASDAQ

Healthcare Plans

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Financials · Annual
Revenue
$45.43B
+11.7% YoY
Net Income
$472.0M
-60.0% YoY
Free Cash Flow
$757.5M

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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. At a $9.04B market cap, Molina Healthcare, Inc. ranks as a mid-cap company within healthcare. It operates in four segments: Medicaid, Medicare, Marketplace, and Other.

Key stats
Market Cap$9.04B
P/E (TTM)46.42
Fwd P/E18.94
EPS$3.74
Beta0.85
52W Change-41.6%
ROE4.5%
Analysis

With $9.25B in cash and $3.95B in debt, MOH maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Annual free cash flow of $757.5M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 4.5%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.0% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $31.97B (2022) to $45.43B (2025), reflecting a 42% increase over the period.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Molina Healthcare, Inc.'s trajectory.

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