← MOLINA HEALTHCARE, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $2.8b $3.2b $2.8b $2.5b $4.2b $4.4b $4.0b $4.8b $4.7b $4.2b
Cash and cash equivalents $2.8b $3.2b $2.8b $2.5b $4.2b $4.4b $4.0b $4.8b $4.7b $4.2b
Prepaid Expense and Other Assets, Current $131.0m $185.0m $149.0m $134.0m $175.0m $247.0m $277.0m $331.0m $487.0m $655.0m
Prepaid expenses and other current assets $131.0m $185.0m $149.0m $134.0m $175.0m $247.0m $277.0m $331.0m $487.0m $655.0m
Receivables $974.0m $871.0m $1.3b $1.4b $1.7b $2.2b $2.3b $3.1b $3.3b $3.5b
Assets, Current $6.0b $7.5b $6.5b $6.0b $7.9b $10.1b $10.1b $12.5b $12.8b $12.4b
Total current assets $6.0b $7.5b $6.5b $6.0b $7.9b $10.1b $10.1b $12.5b $12.8b $12.4b
Property, Plant and Equipment, Net $454.0m $342.0m $241.0m $327.0m $391.0m $396.0m $259.0m $270.0m $288.0m $301.0m
Goodwill $620.0m $186.0m $143.0m $143.0m — $982.0m $1.1b $1.2b $1.7b $2.0b
Goodwill and intangible assets, net — $255.0m $190.0m $172.0m $941.0m $1.3b $1.4b $1.4b $1.9b $2.2b
Operating Lease, Right-of-Use Asset — — — $65.0m $71.0m $128.0m — — — $30.0m
Other Assets, Noncurrent $41.0m $40.0m $24.0m $105.0m $119.0m $179.0m $123.0m $143.0m $138.0m $147.0m
Other assets $41.0m $40.0m $24.0m $105.0m $119.0m $179.0m $123.0m $143.0m $138.0m $147.0m
Additional Financial Items
Amounts due government agencies $1.2b $1.5b $967.0m $664.0m $1.3b $2.5b $2.1b $2.3b $1.9b $1.3b
Deferred income taxes, net $10.0m $103.0m $117.0m $79.0m $69.0m $106.0m $220.0m $227.0m $207.0m $178.0m
Finance lease liabilities — — — $231.0m $225.0m $219.0m $215.0m $205.0m $195.0m $184.0m
Investments $1.8b $2.5b $1.7b $1.9b $1.9b $3.2b $3.5b $4.3b $4.3b $4.0b
Restricted investments $110.0m $119.0m $120.0m $79.0m $136.0m $212.0m $238.0m $261.0m $286.0m $299.0m
Total stockholders’ equity $1.6b $1.3b $1.6b $2.0b $2.1b $2.6b $3.0b $4.2b $4.5b $4.1b
Assets $7.4b $8.5b $7.2b $6.8b $9.5b $12.2b $12.3b $14.9b $15.6b $15.6b
Total assets $7.4b $8.5b $7.2b $6.8b $9.5b $12.2b $12.3b $14.9b $15.6b $15.6b
LIABILITIES AND EQUITY
Total liabilities and stockholders’ equity $7.4b $8.5b $7.2b $6.8b $9.5b $12.2b $12.3b $14.9b $15.6b $15.6b
Current liabilities:
Accounts payable, accrued liabilities and other $385.0m $366.0m $390.0m $455.0m $641.0m $842.0m $889.0m $1.3b $1.3b $1.1b
Deferred Revenue, Current $315.0m $282.0m $211.0m $249.0m $375.0m $370.0m $359.0m $418.0m $51.0m $66.0m
Long-term Debt, Current Maturities $472.0m — — — $0 — — — — —
Long-term Debt, Excluding Current Maturities $1.2b $1.3b $1.0b $1.2b $2.1b $2.2b $2.2b $2.2b $2.9b $3.8b
Medical claims and benefits payable $1.9b $2.2b $2.0b $1.9b $2.7b $3.4b $3.5b $4.2b $4.6b $4.9b
Operating Lease, Liability, Current — — — $25.0m $21.0m $35.0m $41.0m $20.0m $15.0m $15.0m
Operating Lease, Liability, Noncurrent — — — $48.0m $42.0m $99.0m $77.0m $85.0m $68.0m $56.0m
Liabilities, Current $4.6b $5.6b $4.2b $3.3b $5.0b $7.0b $6.9b $8.2b $7.9b $7.4b
Total current liabilities $4.6b $5.6b $4.2b $3.3b $5.0b $7.0b $6.9b $8.2b $7.9b $7.4b
Deferred Income Tax Liabilities, Net — $0 — — — — — — — —
Other Liabilities, Noncurrent $42.0m $61.0m $44.0m $90.0m $119.0m $140.0m $104.0m $124.0m $120.0m $173.0m
Other long-term liabilities $42.0m $61.0m $44.0m $90.0m $119.0m $140.0m $104.0m $124.0m $120.0m $173.0m
Deferred Tax Liabilities, Net $5.0m — — — — — — — — —
Liabilities $5.8b $7.1b $5.5b $4.8b $7.4b $9.6b $9.3b $10.7b $11.1b $11.5b
Total liabilities $5.8b $7.1b $5.5b $4.8b $7.4b $9.6b $9.3b $10.7b $11.1b $11.5b
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax ($2.0m) ($5.0m) ($8.0m) $4.0m $37.0m ($5.0m) ($160.0m) ($82.0m) ($57.0m) $15.0m
Accumulated other comprehensive income (loss) ($2.0m) ($5.0m) ($8.0m) $4.0m $37.0m ($5.0m) ($160.0m) ($82.0m) ($57.0m) $15.0m
Additional Paid in Capital, Common Stock $841.0m $1.0b $643.0m $175.0m $199.0m $236.0m $328.0m $410.0m $462.0m $452.0m
Additional paid-in capital $841.0m $1.0b $643.0m $175.0m $199.0m $236.0m $328.0m $410.0m $462.0m $452.0m
Common stock, $0.001 par value per share; 150 million shares authorized; outstanding: 51 million shares at December 31, 2025, and 56 million at December 31, 2024 0 0 0 0 0 0 0 0 0 0
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Retained Earnings (Accumulated Deficit) $810.0m $298.0m $1.0b $1.8b $1.9b $2.4b $2.8b $3.9b $4.1b $3.6b
Stockholders' Equity Attributable to Parent $1.6b $1.3b $1.6b $2.0b $2.1b $2.6b $3.0b $4.2b $4.5b $4.1b
Liabilities and Equity $7.4b $8.5b $7.2b $6.8b $9.5b $12.2b $12.3b $14.9b $15.6b $15.6b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.