Molina Healthcare (MOH) Gross Margin (2010 - 2026)
Molina Healthcare (MOH) posted quarterly Gross Margin of 13.19% for Q2 2026, down 80.0% year-on-year from 65.94% in Q2 2025, and down 6.7% on a QoQ basis from 14.13% in Q1 2026.
Molina Healthcare (MOH) Gross Margin (2010 - 2026) Analysis & Trends
Molina Healthcare (MOH) has reported Gross Margin for 17 consecutive years, with 13.19% the latest figure, recorded in Q2 2026.
- Quarterly Gross Margin fell 80.0% year-over-year to 13.19% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 12.65% (down 223.0% YoY) and the FY2025 annual result came in at 13.07%, down 223.0% from the prior year.
- Gross Margin eased to 13.19% in Q2 2026 per MOH's latest filing, from 14.13% in the prior quarter.
- Over the last five years, Gross Margin for MOH reached as high as 17.62% in Q4 2023 and fell as low as 10.89% in Q4 2025.
- A 5-year average of 14.7% and a median of 15.02% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin soared 188 bps — and 2025, when it sank 393 bps.
- Year by year, Gross Margin stood at 15.02% in 2022, then increased by 17 bps to 17.62% in 2023, then fell by 19 bps to 14.25% in 2024, then dropped by 24 bps to 10.89% in 2025, then increased by 21 bps to 13.19% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 13.19%, 14.13%, and 10.89% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn | 34.22% |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn | 67.61% |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn | 86.70% |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn | -451.37% |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn | 14.98% |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn | 98.43% |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn | 13.19% |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn | 30.50% |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn | 11.70% |
| 10 | Progyny | 2.48 Bn | 2.26 Bn | 83.07 Mn | 25.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.19% |
| Mar 31, 2026 | 14.13% |
| Dec 31, 2025 | 10.89% |
| Sep 30, 2025 | 12.49% |
| Jun 30, 2025 | 13.98% |
| Mar 31, 2025 | 14.96% |
| Dec 31, 2024 | 14.25% |
| Sep 30, 2024 | 16.41% |
| Jun 30, 2024 | 15.30% |
| Mar 31, 2024 | 15.28% |
| Dec 31, 2023 | 17.62% |
| Sep 30, 2023 | 14.53% |
| Jun 30, 2023 | 15.48% |
| Mar 31, 2023 | 15.68% |
| Sep 30, 2022 | 15.02% |
| Jun 30, 2022 | 15.10% |
| Mar 31, 2022 | 15.53% |
| Dec 31, 2021 | 334.00% |
| Sep 30, 2021 | 14.08% |
| Jun 30, 2021 | 14.43% |