Molina Healthcare, Inc.
Molina Healthcare, Inc. (NYSE: MOH) is a Fortune 500 managed healthcare services company that provides health insurance coverage and related services to low-income and vulnerable populations across the United States. Founded in 1980 as a provider organization serving low-income families in Southern California, the… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Molina Healthcare, Inc. does
In the company’s own words
Molina Healthcare, Inc. (NYSE: MOH) is a Fortune 500 managed healthcare services company that provides health insurance coverage and related services to low-income and vulnerable populations across the United States. Founded in 1980 as a provider organization serving low-income families in Southern California, the company has grown into a national health plan operator serving approximately 5.5 million members across 21 states as of December 31, 2025.
The company operates through four reportable segments: Medicaid, Medicare, Marketplace, and Other. Medicaid represents the largest segment, accounting for 75 percent of consolidated premium revenue and serving 4.6 million members through programs including Temporary Assistance for Needy Families, Aged Blind or Disabled, Children's Health Insurance Program, Medicaid Expansion, and Long-Term Services and Supports. The Medicare segment serves 262,000 members through Medicare Advantage plans, Dual Eligible Special Needs Plans, and related products. The Marketplace segment, which offers Affordable Care Act-compliant plans on federally facilitated and state-based exchanges, serves 655,000 members. The Other segment includes long-term services and supports consultative services and commercial business acquired through the ConnectiCare acquisition.
Molina's total revenue for 2025 reached $45.4 billion, with premium revenue of $43.1 billion. The company maintains significant market presence in California, New York, Texas, and Washington, which collectively represent substantial portions of its Medicaid business. Major recent developments include the acquisition of ConnectiCare in February 2025 for $350 million, expanding the company's presence in Connecticut, and successful procurement of new contracts in multiple states including Idaho, Michigan, Massachusetts, Ohio, Wisconsin, Nevada, Illinois, and Florida.
The company's business model centers on managing healthcare delivery and costs for government-sponsored programs while maintaining quality standards and member satisfaction. Molina distinguishes itself through its focus exclusively on government-sponsored healthcare, its track record of successful contract procurement and retention, and its investments in care management, value-based contracting, and artificial intelligence tools to enhance operational efficiency and medical cost management.
Company details
- Sector
- Health Care
- Industry (SIC)
- Insurance
- Headquarters
- LONG BEACH, CA
- Fiscal year end
- December
- CIK
- 1179929
- SIC
- 6324
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Molina Healthcare, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Molina Healthcare, Inc. · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Molina Healthcare, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Molina Healthcare, Inc.’s bonds, as funds hold them
Funds report holding 6 issues of Molina Healthcare, Inc.’s debt, $1.69B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.16%, maturing 2028 to 2033.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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