Skip to main content
Molina Healthcare, Inc. (MOH)
NYSE: MOH · Real-Time Price · USD
161.21
+3.90 (2.48%)
At close: Aug 13, 2025, 4:00 PM
162.95
+1.74 (1.08%)
After-hours: Aug 13, 2025, 7:04 PM EDT

Molina Healthcare Revenue by Segment
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
Premium Revenue
41.17B 39.75B 38.63B 37.01B 35.55B 34.15B 32.53B 32.08B
Premium Revenue Growth
15.81% 16.41% 18.75% 15.34% 12.94% 9.32% 5.33% 6.48%
Premium Tax Revenue
1.71B 1.58B 1.49B 1.66B 1.32B 1.19B 1.07B 744.00M
Premium Tax Revenue Growth
29.25% 32.08% 39.01% 122.45% 67.26% 42.65% 22.45% -13.19%
Investment Income
443.00M 452.00M 452.00M 455.00M 449.00M 431.00M 394.00M 341.00M
Investment Income Growth
-1.34% 4.87% 14.72% 33.43% 61.51% 112.32% 175.52% 258.95%
Other
87.00M 86.00M 85.00M 83.00M 83.00M 81.00M 80.00M 78.00M
Other Growth
4.82% 6.17% 6.25% 6.41% 7.79% 6.58% 6.67% 2.63%

Consolidated Medical Care Ratio
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018
Consolidated Medical Care Ratio
357.90 356.10 355.40 355.40 354.90 353.80 352.40 351.60
Consolidated Medical Care Ratio Growth
0.85% 0.65% 0.85% 1.08% 1.02% 0.54% 0.14% -0.23%

Days in Claims Payable
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018
Days in Claims Payable
185.00 192.00 195.00 197.00 200.00 197.00 196.00 193.00
Days in Claims Payable Growth
-7.50% -2.54% -0.51% 2.07% 4.17% 1.03% -1.01% -4.46%

Medical Care Ratio by Type
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018
Medicaid MCR
362.40 361.40 360.80 359.70 358.00 356.00 354.70 352.80
Medicaid MCR Growth
1.23% 1.52% 1.72% 1.96% 1.56% 1.08% 0.80% -0.03%
Medicare MCR
357.00 351.90 352.30 356.50 359.30 363.60 362.90 361.40
Medicare MCR Growth
-0.64% -3.22% -2.92% -1.36% 0.45% 2.31% 2.54% 3.14%
Marketplace MCR
315.50 301.70 293.30 297.70 303.60 305.70 301.00 315.00
Marketplace MCR Growth
3.92% -1.31% -2.56% -5.49% -5.83% -10.06% -13.98% -9.53%

Total Members by Type
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018
Medicaid Members
4.77M 4.81M 4.89M 4.94M 4.94M 5.12M 4.54M 4.76M
Medicaid Members Growth
-3.40% -6.07% 7.66% 3.87% 4.24% 5.98% -4.46% 1.93%
Marketplace Members
690.00K 662.00K 403.00K 410.00K 386.00K 346.00K 281.00K 276.00K
Marketplace Members Growth
78.76% 91.33% 43.42% 48.55% 43.49% 27.68% -19.25% -21.81%
Medicare Members
267.00K 260.00K 242.00K 247.00K 251.00K 258.00K 172.00K 173.00K
Medicare Members Growth
6.37% 0.78% 40.70% 42.77% 51.20% 60.25% 10.26% 11.61%

Medical Claims and Benefits Payable
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018
Medical Claims and Benefits Payable
19.06B 18.75B 18.52B 18.08B 17.59B 16.69B 15.94B 15.26B
Medical Claims and Benefits Payable Growth
8.38% 12.38% 16.19% 18.47% 20.04% 13.14% 9.73% 6.29%

Total Members
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018
Total Members
5.75M 5.75M 5.54M 5.60M 5.58M 5.73M 5.00M 5.21M
Total Members Growth
2.99% 0.44% 10.81% 7.57% 7.79% 8.75% -5.00% 0.60%

Operating Expense Breakdown
Period Ending Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
Medical Care Costs
36.95B 35.49B 34.43B 32.88B 31.54B 30.21B 28.67B 28.21B
Medical Care Costs Growth
17.16% 17.48% 20.09% 16.56% 14.08% 9.93% 5.50% 6.26%
General and Administrative
2.83B 2.81B 2.74B 2.72B 2.66B 2.58B 2.46B 2.45B
General and Administrative Growth
6.44% 8.68% 11.41% 11.32% 10.72% 10.77% 6.53% 8.18%
Premium Tax Expense
1.71B 1.58B 1.49B 1.66B 1.32B 1.19B 1.07B 744.00M
Premium Tax Expense Growth
29.25% 32.08% 39.01% 122.45% 67.26% 42.65% 22.45% -13.19%
Depreciation and Amortization
201.00M 189.00M 186.00M 181.00M 176.00M 172.00M 171.00M 175.00M
Depreciation and Amortization Growth
14.20% 9.88% 8.77% 3.43% -1.12% -4.44% -2.84% 6.71%
Other Expenses
69.00M 87.00M 100.00M 118.00M 176.00M 150.00M 128.00M 105.00M
Other Expenses Growth
-60.80% -42.00% -21.88% 12.38% 175.00% 158.62% 120.69% 41.89%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.