Molina Healthcare, Inc

MOH Healthcare Healthcare Plans

Molina Healthcare, Inc’s revenue for fiscal 2025 (year ended December 2025) was $45.4 billion, up 11.7% from fiscal 2024.

Revenue
−3.44%
EPS
−51.7%
Free cash flow
−20.3%
Total debt
+2.54%

Quarter to September 2026, against a year earlier

208.99 7.65 −3.53%
Market cap
$11.3B
P/E
0.0×
Fwd P/E
60.8×
Dividend yield
—
F-score
4/9
Altman Z
4.28
Beneish M
−1.99
Dividend safety
n/a

Molina Healthcare, Inc (MOH) Gross margin

Alert me on Gross margin

Molina Healthcare, Inc's gross margin over the twelve months to 30 September 2026 was 12.6%, down 0.5 percentage points from fiscal 2025 (13.1%). Over the past ten years it has ranged from 11.7% (fiscal 2017) to 18.6% (fiscal 2020); the current reading is higher than 18% of that period. That is below the Healthcare Plans industry median of 19.4% and below the Healthcare sector median of 54.5%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 13.1% (2.24)
FY2024 15.3% (0.55)
FY2023 15.9% 0.85
FY2022 15.0% 0.37
FY2021 14.6% (3.91)
FY2020 18.6% 1.18
FY2019 17.4% (0.57)
FY2018 17.9% 6.28
FY2017 11.7% (2.53)
FY2016 14.2% (1.26)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 12.3% (0.89)
Jun 2026 13.2% (0.94)
Mar 2026 14.1% 3.24
Dec 2025 10.9% (1.60)
43 more quarters

Against its own ten years

Low 11.7% High 18.6%
Ten-year median 15.3%
Current reading's percentile 12

Gross margin against peers

Company Gross margin
CI Cigna Group compare 88.4%
PGNY Progyny, Inc. compare 24.9%
OSCR Oscar Health, Inc. compare 20.6%
CLOV Clover Health Investments, Corp. compare 18.9%
ELV Elevance Health, Inc. compare 15.5%
HUM Humana Inc. compare 13.0%
MOH Molina Healthcare, Inc 12.6%
ALHC Alignment Healthcare, Inc. compare 11.9%
CNC Centene Corporation compare 7.78%
Healthcare Plans industry median 19.4%
Healthcare sector median 54.5%
Market median 46.0%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on MOH