Molina Healthcare (MOH) Net Margin (2010 - 2026)
Molina Healthcare (MOH) posted Net Margin of 0.55% for Q2 2026, down 1.68 percentage points from 2.23% a year earlier but up 0.42 percentage points from the prior quarter.
Molina Healthcare (MOH) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Molina Healthcare was -0.02%, down 2.62 percentage points year-over-year; for FY2025, it came in at 1.04%, down 1.86 percentage points from FY2024.
- Annual Net Margin shows a five-year change of -2.43 percentage points (FY2020 to FY2025).
- In prior years, Molina Healthcare's Net Margin was 2.90% in FY2024 (-0.30 pp), 3.20% in FY2023 (+0.73 pp), 2.48% in FY2022 (+0.10 pp) and 2.37% in FY2021 (-1.09 pp).
- Quarterly Net Margin has run from a low of -1.41% in Q4 2025 to a high of 3.94% in Q1 2023 over five years.
- On a year-over-year basis, Net Margin has declined in each of the last six quarters, with an average year-over-year change of -1.42 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2023, with a gain of 1.71 percentage points; the weakest was Q4 2025, with a drop of 3.80 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 0.13% (Q1 2026), -1.41% (Q4 2025) and 0.69% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn | 4.90% |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn | 2.81% |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn | 0.58% |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn | 2.90% |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn | 2.32% |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn | 0.90% |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn | 0.63% |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn | 1.70% |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn | 2.04% |
| 10 | Molina Healthcare | 9.86 Bn | -25.01 Bn | 1.43 Bn | 0.55% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.55% |
| Mar 31, 2026 | 0.13% |
| Dec 31, 2025 | -1.41% |
| Sep 30, 2025 | 0.69% |
| Jun 30, 2025 | 2.23% |
| Mar 31, 2025 | 2.67% |
| Dec 31, 2024 | 2.39% |
| Sep 30, 2024 | 3.15% |
| Jun 30, 2024 | 3.05% |
| Mar 31, 2024 | 3.03% |
| Dec 31, 2023 | 2.39% |
| Sep 30, 2023 | 2.87% |
| Jun 30, 2023 | 3.71% |
| Mar 31, 2023 | 3.94% |
| Dec 31, 2022 | 0.68% |
| Sep 30, 2022 | 2.90% |
| Jun 30, 2022 | 3.08% |
| Mar 31, 2022 | 3.32% |
| Dec 31, 2021 | 1.39% |
| Sep 30, 2021 | 2.03% |
Molina Healthcare Net 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=net-margin&ticker=MOH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MOH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();