Molina Healthcare (MOH) Invested Capital (2009 - 2026)
Molina Healthcare (MOH) reported Invested Capital of $7.94 billion for Q2 2026, down 0.5% from $7.98 billion a year earlier but up 1.2% from the prior quarter.
Molina Healthcare (MOH) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Molina Healthcare posted Invested Capital of $7.84 billion, up 5.6% from FY2024.
- Invested Capital has increased for seven consecutive years, with a five-year compound annual growth rate of 13.2% (FY2020 to FY2025).
- By year, Invested Capital came in at $7.42 billion in FY2024 (+16.0%), $6.4 billion in FY2023 (+24.4%), $5.14 billion in FY2022 (+7.0%) and $4.8 billion in FY2021 (+13.7%).
- Five-year quarterly Invested Capital spans a low of $4.65 billion in Q3 2021 and a high of $7.98 billion in Q2 2025.
- Year over year, Invested Capital gained in six of the last eight quarters, with growth averaging 10.0%.
- The high point for year-over-year Invested Capital in five years was Q4 2023 (growth of 24.4%); the low point was Q2 2026 (a decline of 0.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $7.85 billion (Q1 2026), $7.84 billion (Q4 2025) and $7.86 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 362.93 Bn | 249.60 Bn | 35.71 Bn | 178.46 Bn |
| 2 | Mckesson | 125.16 Bn | 109.10 Bn | 3.96 Bn | 5.25 Bn |
| 3 | Cvs Health | 113.93 Bn | 62.88 Bn | 47.21 Bn | 141.37 Bn |
| 4 | Elevance Health | 92.83 Bn | -49.64 Bn | 13.65 Bn | 75.55 Bn |
| 5 | Cigna | 79.88 Bn | 49.09 Bn | 15.09 Bn | 74.86 Bn |
| 6 | Cencora | 66.55 Bn | 66.55 Bn | 3.60 Bn | - |
| 7 | Cardinal Health | 64.00 Bn | 47.32 Bn | 2.60 Bn | 5.79 Bn |
| 8 | Humana | 52.60 Bn | -38.18 Bn | 4.83 Bn | 31.71 Bn |
| 9 | Centene | 34.53 Bn | -39.52 Bn | 8.24 Bn | 37.43 Bn |
| 10 | Molina Healthcare | 10.74 Bn | -24.26 Bn | 1.36 Bn | 7.93 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.93 Bn |
| Jun 30, 2026 | 7.94 Bn |
| Mar 31, 2026 | 7.85 Bn |
| Dec 31, 2025 | 7.84 Bn |
| Sep 30, 2025 | 7.86 Bn |
| Jun 30, 2025 | 7.98 Bn |
| Mar 31, 2025 | 7.88 Bn |
| Dec 31, 2024 | 7.42 Bn |
| Sep 30, 2024 | 7.10 Bn |
| Jun 30, 2024 | 7.02 Bn |
| Mar 31, 2024 | 6.67 Bn |
| Dec 31, 2023 | 6.40 Bn |
| Sep 30, 2023 | 6.06 Bn |
| Jun 30, 2023 | 5.80 Bn |
| Mar 31, 2023 | 5.47 Bn |
| Dec 31, 2022 | 5.14 Bn |
| Sep 30, 2022 | 5.22 Bn |
| Jun 30, 2022 | 5.01 Bn |
| Mar 31, 2022 | 4.97 Bn |
| Dec 31, 2021 | 4.80 Bn |
Molina Healthcare Invested Capital 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=invested-capital&ticker=MOH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=MOH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();