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) Operating margin

Alert me on Operating margin

Molina Healthcare, Inc's operating margin over the twelve months to 30 September 2026 was 0.39%, down 1.3 percentage points from fiscal 2025 (1.72%). Over the past ten years it has ranged from −2.79% (fiscal 2017) to 6.20% (fiscal 2019); the current reading is higher than 27% of that period. That is below the Healthcare Plans industry median of 2.48% and above the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 1.72% (2.48)
FY2024 4.20% (0.42)
FY2023 4.62% 0.95
FY2022 3.67% 0.00
FY2021 3.67% (1.88)
FY2020 5.55% (0.65)
FY2019 6.20% 0.21
FY2018 5.99% 8.78
FY2017 −2.79% (4.51)
FY2016 1.72% (1.01)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 0.96% (0.37)
Jun 2026 1.33% 0.56
Mar 2026 0.77% 2.19
Dec 2025 −1.42% (2.61)
43 more quarters

Against its own ten years

Low −2.79% High 6.20%
Ten-year median 3.67%
Current reading's percentile 12

Operating margin against peers

Company Operating margin
PGNY Progyny, Inc. compare 9.40%
OSCR Oscar Health, Inc. compare 5.36%
ELV Elevance Health, Inc. compare 3.81%
CI Cigna Group compare 3.41%
HUM Humana Inc. compare 1.54%
ALHC Alignment Healthcare, Inc. compare 0.88%
CNC Centene Corporation compare 0.49%
CLOV Clover Health Investments, Corp. compare 0.45%
MOH Molina Healthcare, Inc 0.39%
Healthcare Plans industry median 2.48%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on MOH