Molina Healthcare (MOH) Gross Margin (2010 - 2026)
Molina Healthcare (MOH) posted Gross Margin of 13.19% for Q2 2026, down 6.7% sequentially from 14.13% in Q1 2026, and down 80.0% YoY from 65.94% in Q2 2025.
Molina Healthcare (MOH) Gross Margin (2010 - 2026) Analysis & Trends
Molina Healthcare has reported Gross Margin for 17 years, with the latest figure at 13.19% 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 fell to 13.19% in Q2 2026 per MOH's latest filing, from 14.13% in the prior quarter.
- Over five years, Gross Margin peaked at 17.62% in Q4 2023 and troughed at 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.
- The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 188 bps in 2024, then sank 393 bps in 2025.
- Over 5 years, Gross Margin stood at 15.02% in 2022, then advanced by 17 bps to 17.62% in 2023, then slipped by 19 bps to 14.25% in 2024, then retreated by 24 bps to 10.89% in 2025, then advanced 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 | 346.93 Bn | 315.46 Bn | 36.67 Bn | 32.74% |
| 2 | Cvs Health | 119.91 Bn | 105.95 Bn | 47.23 Bn | 44.52% |
| 3 | Elevance Health | 86.25 Bn | 50.30 Bn | 13.45 Bn | 26.65% |
| 4 | Humana | 45.69 Bn | 21.82 Bn | 5.50 Bn | 13.45% |
| 5 | Centene | 31.66 Bn | 4.60 Bn | 14.55 Bn | 27.16% |
| 6 | Molina Healthcare | 10.12 Bn | 1.21 Bn | 1.43 Bn | 13.19% |
| 7 | Oscar Health | 9.48 Bn | 922.10 Mn | 1.09 Bn | 22.25% |
| 8 | Alignment Healthcare | 2.69 Bn | 1.99 Bn | 180.96 Mn | 13.55% |
| 9 | Clover Health Investments | 2.16 Bn | 1.92 Bn | 153.00 Mn | 20.59% |
| 10 | Progyny | 2.03 Bn | 1.79 Bn | 89.30 Mn | 25.48% |
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% |