Molina Healthcare (MOH) Operating Income (2010 - 2026)
Molina Healthcare (MOH) recorded Operating Income of $106 million in Q3 2026, down 22.6% from $137 million a year earlier and down 26.9% from the prior quarter.
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Analysis
Molina Healthcare (MOH) Operating Income (2010 - 2026) Analysis & Trends
On a TTM basis, Molina Healthcare's Operating Income came in at $172 million as of Sep 30, 2026, down 87.0% year-over-year; for FY2025, it came in at $781 million, down 54.2% from FY2024.
- Annual Operating Income has a five-year compound annual growth rate of -6.2% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $1.71 billion in FY2024 (+8.5%), $1.57 billion in FY2023 (+34.1%), $1.17 billion in FY2022 (+15.0%) and $1.02 billion in FY2021 (-5.4%).
- Quarterly Operating Income has ranged from -$162 million in Q4 2025 to $467 million in Q3 2024 over the past five years.
- On a year-over-year basis, Operating Income has declined for three consecutive quarters, with an average decline of 32.5% over the last seven quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 201.0% in Q4 2023, against a decline of 80.8% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $145 million (Q2 2026), $83 million (Q1 2026) and -$162 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 356.05 Bn | 236.68 Bn | 35.71 Bn | 6.56 Bn |
| 2 | Mckesson | 123.13 Bn | 104.51 Bn | 3.96 Bn | 1.60 Bn |
| 3 | Cvs Health | 109.04 Bn | 57.80 Bn | 47.21 Bn | 3.57 Bn |
| 4 | Elevance Health | 90.56 Bn | -52.02 Bn | 13.65 Bn | 2.15 Bn |
| 5 | Cigna | 77.41 Bn | 46.27 Bn | 15.09 Bn | 2.40 Bn |
| 6 | Cencora | 66.63 Bn | 55.53 Bn | 3.61 Bn | 1.12 Bn |
| 7 | Cardinal Health | 63.51 Bn | 46.67 Bn | 2.60 Bn | 753.00 Mn |
| 8 | Humana | 50.79 Bn | -37.07 Bn | 5.50 Bn | 1.36 Bn |
| 9 | Centene | 33.94 Bn | -60.76 Bn | 9.52 Bn | -307.00 Mn |
| 10 | Molina Healthcare | 10.37 Bn | -24.63 Bn | 1.36 Bn | 106.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 106.00 Mn |
| Jun 30, 2026 | 145.00 Mn |
| Mar 31, 2026 | 83.00 Mn |
| Dec 31, 2025 | -162.00 Mn |
| Sep 30, 2025 | 137.00 Mn |
| Jun 30, 2025 | 373.00 Mn |
| Mar 31, 2025 | 433.00 Mn |
| Dec 31, 2024 | 380.00 Mn |
| Sep 30, 2024 | 467.00 Mn |
| Jun 30, 2024 | 434.00 Mn |
| Mar 31, 2024 | 426.00 Mn |
| Dec 31, 2023 | 316.00 Mn |
| Sep 30, 2023 | 359.00 Mn |
| Jun 30, 2023 | 443.00 Mn |
| Mar 31, 2023 | 455.00 Mn |
| Dec 31, 2022 | 105.00 Mn |
| Sep 30, 2022 | 335.00 Mn |
| Jun 30, 2022 | 361.00 Mn |
| Mar 31, 2022 | 372.00 Mn |
| Dec 31, 2021 | 191.00 Mn |
API Access
Molina Healthcare Operating Income 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=operating-income&ticker=MOH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=MOH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();