Molina Healthcare (MOH) Return on Capital Employed [ROCE] (2011 - 2026)
Molina Healthcare (MOH) recorded Return on Capital Employed [ROCE] of 2.39% in Q2 2026, down 17.24 percentage points from 19.63% a year earlier and down 3.14 percentage points from the prior quarter.
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Analysis
Molina Healthcare (MOH) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2025, Molina Healthcare reported Return on Capital Employed [ROCE] of 9.50%, down 13.68 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of -24.25 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 23.18% in FY2024 (-5.76 pp), 28.94% in FY2023 (+7.25 pp), 21.70% in FY2022 (-4.98 pp) and 26.68% in FY2021 (-7.07 pp).
- The Q2 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] since Q1 2018.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for ten consecutive quarters, with an average year-over-year change of -7.19 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 3.86 percentage points in Q1 2023, against a drop of 17.24 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.53% (Q1 2026), 9.46% (Q4 2025) and 15.62% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 330.47 Bn | 215.10 Bn | 36.67 Bn | 10.87% |
| 2 | Cvs Health | 108.89 Bn | 61.49 Bn | 47.23 Bn | 4.98% |
| 3 | Mckesson | 104.86 Bn | 91.32 Bn | 3.69 Bn | 43.39% |
| 4 | Elevance Health | 82.79 Bn | -58.96 Bn | 13.45 Bn | -174.63% |
| 5 | Cigna | 70.83 Bn | 40.37 Bn | 14.97 Bn | 10.00% |
| 6 | Cencora | 59.11 Bn | 48.20 Bn | 3.61 Bn | 12.93% |
| 7 | Cardinal Health | 53.53 Bn | 37.53 Bn | 2.56 Bn | 19.96% |
| 8 | Humana | 45.57 Bn | -42.23 Bn | 5.50 Bn | 8.14% |
| 9 | Centene | 30.12 Bn | -60.16 Bn | 14.55 Bn | -13.64% |
| 10 | Molina Healthcare | 9.41 Bn | -25.46 Bn | 1.43 Bn | 2.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.39% |
| Mar 31, 2026 | 5.53% |
| Dec 31, 2025 | 9.46% |
| Sep 30, 2025 | 15.62% |
| Jun 30, 2025 | 19.63% |
| Mar 31, 2025 | 21.83% |
| Dec 31, 2024 | 21.89% |
| Sep 30, 2024 | 23.03% |
| Jun 30, 2024 | 20.43% |
| Mar 31, 2024 | 23.08% |
| Dec 31, 2023 | 23.43% |
| Sep 30, 2023 | 23.59% |
| Jun 30, 2023 | 22.38% |
| Mar 31, 2023 | 24.02% |
| Dec 31, 2022 | 20.58% |
| Sep 30, 2022 | 23.14% |
| Jun 30, 2022 | 21.85% |
| Mar 31, 2022 | 20.16% |
| Dec 31, 2021 | 22.30% |
| Sep 30, 2021 | 19.53% |
API Access
Molina Healthcare Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=MOH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=MOH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();