Molina Healthcare Inc (MOH) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
200 OCEANGATE, SUITE 100 LONG BEACH, CA 90802 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6324 - Hospital and Medical Service Plans (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,987 | 9,107 | 7,505 | 7,640 | 6,029 | 4,398 | |||
| Cash and cash equivalent | 4,662 | 4,848 | 4,006 | 4,438 | 4,154 | 2,452 | |||
| Short-term investments | 4,325 | 4,259 | 3,499 | 3,202 | 1,875 | 1,946 | |||
| Receivables | 3,299 | 3,104 | 2,302 | 2,177 | 1,672 | 1,406 | |||
| Derivative instruments and hedges, assets | 29 | ||||||||
| Other undisclosed current assets | 487 | 331 | 277 | 247 | 175 | 134 | |||
| Total current assets: | 12,773 | 12,542 | 10,084 | 10,064 | 7,876 | 5,967 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 65 | 67 | 72 | 206 | 216 | 228 | |||
| Property, plant and equipment | 223 | 203 | 187 | 190 | 175 | 157 | |||
| Intangible assets, net (including goodwill), including: | 1,938 | 1,449 | 1,390 | 1,252 | 941 | 172 | |||
| Goodwill | 1,671 | 1,241 | 1,115 | 982 | 143 | ||||
| Intangible assets, net (excluding goodwill) | 267 | 208 | 275 | 270 | 249 | 29 | |||
| Other undisclosed intangible assets, net (including goodwill) | 692 | ||||||||
| Restricted cash and investments | 286 | 261 | 238 | 212 | 136 | 79 | |||
| Deferred income tax assets | 207 | 227 | 220 | 106 | 69 | 79 | |||
| Other noncurrent assets | 138 | 143 | 123 | 179 | 119 | 105 | |||
| Other undisclosed noncurrent assets | |||||||||
| Total noncurrent assets: | 2,857 | 2,350 | 2,230 | 2,145 | 1,656 | 820 | |||
| TOTAL ASSETS: | 15,630 | 14,892 | 12,314 | 12,209 | 9,532 | 6,787 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,331 | 1,252 | 889 | 842 | 641 | 455 | |||
| Other undisclosed accounts payable and accrued liabilities | 1,331 | 1,252 | 889 | 842 | 641 | 455 | |||
| Deferred revenue | 51 | 418 | 359 | 370 | 375 | 249 | |||
| Debt | 23 | 21 | 22 | 15 | 12 | 18 | |||
| Derivative instruments and hedges, liabilities | 29 | ||||||||
| Other undisclosed current liabilities | 6,491 | 6,477 | 5,585 | 5,820 | 3,937 | 2,518 | |||
| Total current liabilities: | 7,896 | 8,168 | 6,855 | 7,047 | 4,965 | 3,269 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,118 | 2,385 | 2,391 | 2,392 | 2,352 | 1,468 | |||
| Long-term debt, excluding current maturities | 2,923 | 2,180 | 2,176 | 2,173 | 2,127 | 1,237 | |||
| Finance lease, liability | 195 | 205 | 215 | 219 | 225 | 231 | |||
| Liabilities, other than long-term debt | 120 | 124 | 104 | 140 | 119 | 90 | |||
| Other liabilities | 120 | 124 | 104 | 140 | 119 | 90 | |||
| Total noncurrent liabilities: | 3,238 | 2,509 | 2,495 | 2,532 | 2,471 | 1,558 | |||
| Total liabilities: | 11,134 | 10,677 | 9,350 | 9,579 | 7,436 | 4,827 | |||
| Equity | |||||||||
| Equity, attributable to parent | 4,496 | 4,215 | 2,964 | 2,630 | 2,096 | 1,960 | |||
| Additional paid in capital | 462 | 410 | 328 | 236 | 199 | 175 | |||
| Accumulated other comprehensive income (loss) | (57) | (82) | (160) | (5) | 37 | 4 | |||
| Retained earnings | 4,091 | 3,887 | 2,796 | 2,399 | 1,860 | 1,781 | |||
| Total equity: | 4,496 | 4,215 | 2,964 | 2,630 | 2,096 | 1,960 | |||
| TOTAL LIABILITIES AND EQUITY: | 15,630 | 14,892 | 12,314 | 12,209 | 9,532 | 6,787 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 40,650 | 34,072 | 31,974 | 27,771 | 19,423 | 16,829 | ||
| Premiums earned, net | 38,627 | 32,529 | 30,883 | 26,855 | 16,208 | |||
| Cost of revenue | (35,914) | (29,759) | (28,083) | (24,524) | (16,746) | (14,400) | ||
| Cost of product and service sold | (34,428) | (28,669) | (27,175) | (23,704) | (88) | (89) | ||
| Other undisclosed gross profit | (198) | (126) | ||||||
| Gross profit: | 4,736 | 4,313 | 3,891 | 3,247 | 2,479 | 2,303 | ||
| Operating expenses | (3,029) | (2,740) | (2,718) | (2,227) | (1,599) | (1,385) | ||
| Other operating income, net (Other undisclosed Other operating income, net) | ||||||||
| Other undisclosed operating income (loss) | 198 | 126 | ||||||
| Operating income: | 1,707 | 1,573 | 1,173 | 1,020 | 1,078 | 1,044 | ||
| Nonoperating expense | (109) | (110) | (145) | (117) | (72) | |||
| Other nonoperating income (expense) | (25) | (15) | 15 | |||||
| Interest and debt expense | (118) | (109) | (110) | (25) | (15) | 15 | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 15 | (15) | ||||||
| Income from continuing operations before equity method investments, income taxes: | 1,589 | 1,355 | 953 | 850 | 961 | 972 | ||
| Other undisclosed income from continuing operations before income taxes | 109 | 110 | 25 | |||||
| Income from continuing operations before income taxes: | 1,589 | 1,464 | 1,063 | 875 | 961 | 972 | ||
| Income tax expense | (410) | (373) | (271) | (216) | (288) | (235) | ||
| Income from continuing operations: | 1,179 | 1,091 | 792 | 659 | 673 | 737 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 659 | 673 | 737 | |
| Net income available to common stockholders, diluted: | 1,179 | 1,091 | 792 | 659 | 673 | 737 | ||
Comprehensive Income ($ in millions)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 1,179 | 1,091 | 792 | 659 | 673 | 737 | ||
| Comprehensive income: | 1,179 | 1,091 | 792 | 659 | 673 | 737 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 25 | 78 | (155) | (42) | 33 | 12 | ||
| Comprehensive income, net of tax, attributable to parent: | 1,204 | 1,169 | 637 | 617 | 706 | 749 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.