Molina Healthcare (MOH) Gross Margin (2010 - 2026)
Molina Healthcare (MOH) reported Gross Margin of 13.19% for Q2 2026, down 0.80 percentage points from 13.98% a year earlier and down 0.95 percentage points from the prior quarter.
Molina Healthcare (MOH) Gross Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Molina Healthcare's Gross Margin came in at 12.65%, down 2.23 percentage points year-over-year; for FY2025, it was 13.07%, down 2.23 percentage points from FY2024.
- Gross Margin has a five-year change of -5.48 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 15.31% in FY2024 (-0.55 pp), 15.86% in FY2023 (+0.85 pp), 15.01% in FY2022 (+0.36 pp) and 14.64% in FY2021 (-3.91 pp).
- Five-year quarterly Gross Margin spans a low of 10.89% in Q4 2025 and a high of 17.62% in Q4 2023.
- Year over year, Gross Margin has now declined in each of the last seven quarters, with an average year-over-year change of -1.50 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q4 2023 (a gain of 2.65 percentage points); the low point was Q3 2021 (a drop of 4.31 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 14.13% (Q1 2026), 10.89% (Q4 2025) and 12.49% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 356.05 Bn | 236.68 Bn | 35.71 Bn | 31.69% |
| 2 | Mckesson | 123.13 Bn | 104.51 Bn | 3.96 Bn | 3.57% |
| 3 | Cvs Health | 109.04 Bn | 57.80 Bn | 47.21 Bn | 43.56% |
| 4 | Elevance Health | 90.56 Bn | -52.02 Bn | 13.65 Bn | 26.54% |
| 5 | Cigna | 77.41 Bn | 46.27 Bn | 15.09 Bn | 20.48% |
| 6 | Cencora | 66.63 Bn | 55.53 Bn | 3.61 Bn | 4.26% |
| 7 | Cardinal Health | 63.51 Bn | 46.67 Bn | 2.60 Bn | 3.85% |
| 8 | Humana | 50.79 Bn | -37.07 Bn | 5.50 Bn | 13.45% |
| 9 | Centene | 33.94 Bn | -60.76 Bn | 9.52 Bn | 18.79% |
| 10 | Molina Healthcare | 10.37 Bn | -24.63 Bn | 1.36 Bn | 12.30% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.30% |
| 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% |
| Dec 31, 2022 | 14.97% |
| Sep 30, 2022 | 14.87% |
| Jun 30, 2022 | 14.68% |
| Mar 31, 2022 | 15.53% |
| Dec 31, 2021 | 14.13% |
Molina Healthcare Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MOH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MOH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MOH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();