← 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
Total Revenue $17.8b $19.9b $18.9b $16.8b $19.4b $27.8b $32.0b $34.1b $40.6b $45.4b
Revenues:
Cost of Revenue $16.1b $18.8b $16.4b $14.5b $16.9b $23.7b $27.2b $28.7b $34.4b $39.5b
Gross Profit $1.7b $1.8b $2.5b $2.3b $2.5b $4.1b $4.8b $5.4b $6.2b $5.9b
Total operating expenses $17.5b $20.4b $17.7b $15.8b $18.3b $26.8b $30.8b $32.5b $38.9b $44.6b
Operating Income (Loss) $306.0m ($555.0m) $1.1b $1.0b $1.1b $1.0b $1.2b $1.6b $1.7b $781.0m
Additional Financial Items
Amortization of Intangible Assets $32.0m $31.0m $21.0m $18.0m $15.0m $49.0m $77.0m $85.0m $82.0m $91.0m
Basic (in shares) $55.0m $56.0m $61.1m $62.2m $59.0m $57.8m $57.8m $57.7m $57.4m $52.8m
Depreciation and amortization $139.0m $137.0m $99.0m $89.0m $88.0m $131.0m $176.0m $171.0m $186.0m $195.0m
Diluted (in shares) $56.0m $56.0m $66.6m $64.2m $59.9m $58.6m $58.5m $58.1m $57.7m $52.9m
Goodwill, Impairment Loss $0 $434.0m $0 $0 — $0 — — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — — $589.0m
Income (Loss) from Continuing Operations, Per Basic Share $1 — — — — — — — — —
Income (Loss) from Continuing Operations, Per Diluted Share $1 ($9) — — — — — — — $9
Insurance Services Revenue — — $407.0m $0 — — — — — —
Investment income — — — $115.0m $59.0m $52.0m $143.0m $394.0m $452.0m $420.0m
Other — — $61.0m $6.0m $31.0m $61.0m $58.0m $128.0m $100.0m $90.0m
Other Income — — — — — — — $80.0m $85.0m $91.0m
Other Operating Income $306.0m ($555.0m) $1.1b $1.0b $1.1b $1.0b $1.2b $1.6b $1.9b $2.3b
Other revenue — — — $17.0m $17.0m $77.0m $75.0m $80.0m $85.0m $91.0m
Premium revenue $16.4b $18.9b $17.6b $16.2b $18.3b $26.9b $30.9b $32.5b $38.6b $43.1b
Premium tax revenue $468.0m $438.0m $417.0m $489.0m $649.0m $787.0m $873.0m $1.1b $1.5b $1.9b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $205.0m ($612.0m) $999.0m $972.0m $961.0m $875.0m $1.1b $1.5b $1.6b $589.0m
Net Investment Income — — — $115.0m $59.0m $52.0m $143.0m $394.0m $452.0m $420.0m
Premiums Earned, Net $16.4b $18.9b $17.6b $16.2b $18.3b $26.9b $30.9b $32.5b $38.6b $43.1b
Net Income (Loss) Attributable to Parent $52.0m ($512.0m) $707.0m $737.0m $673.0m $659.0m $792.0m $1.1b $1.2b $472.0m
Earnings Per Share, Basic $0.93 ($9.07) $11.57 $11.85 $11.40 $11.40 $13.72 $18.91 $20.52 $8.93
Earnings Per Share, Diluted $0.92 ($9.07) $10.61 $11.47 $11.23 $11.25 $13.55 $18.77 $20.42 $8.92
Weighted Average Number of Shares Outstanding, Basic 55.0m 56.0m 61.1m 62.2m 59.0m 57.8m 57.8m 57.7m 57.4m 52.8m
Weighted Average Number of Shares Outstanding, Diluted 56.0m 56.0m 66.6m 64.2m 59.9m 58.6m 58.5m 58.1m 57.7m 52.9m
Expenses
Cost, Depreciation and Amortization — — $127.0m $89.0m $88.0m — — — — —
Costs and Expenses $17.5b $20.4b $17.7b $15.8b $18.3b $26.8b $30.8b $32.5b $38.9b $44.6b
Current Income Tax Expense (Benefit) $131.0m ($6.0m) $298.0m $225.0m $307.0m $240.0m $337.0m $404.0m $357.0m $74.0m
General and Administrative Expense $1.4b $1.6b $1.3b $1.3b $1.5b $2.1b $2.3b $2.5b $2.7b $3.0b
General and administrative expenses $1.4b $1.6b $1.3b $1.3b $1.5b $2.1b $2.3b $2.5b $2.7b $3.0b
Income before income tax expense $205.0m ($612.0m) $999.0m $972.0m $961.0m $875.0m $1.1b $1.5b $1.6b $589.0m
Income tax expense $153.0m ($100.0m) $292.0m $235.0m $288.0m $216.0m $271.0m $373.0m $410.0m $117.0m
Interest Expense $101.0m $118.0m $115.0m $87.0m $102.0m $120.0m $110.0m $109.0m $118.0m $192.0m
Interest Expense (non-operating) — — — — — — — — $118.0m $192.0m
Interest Expense, Debt $41.0m $43.0m $27.0m $6.0m — — — — — —
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $14.8b $17.1b $15.1b $13.9b $15.8b $23.7b $27.2b $28.7b $34.4b $39.5b
Medical care costs $14.8b $17.1b $15.5b $13.9b $15.8b $23.7b $27.2b $28.7b $34.4b $39.5b
Nonoperating Income (Expense) ($101.0m) ($57.0m) ($132.0m) ($72.0m) ($117.0m) ($145.0m) ($110.0m) ($109.0m) — —
Other Cost and Expense, Operating — — $61.0m $6.0m $31.0m $61.0m $58.0m $128.0m $100.0m $90.0m
Other Expenses — — — — $117.0m — — — $4.4b $5.1b
Other Nonoperating Income (Expense) $0 $61.0m ($17.0m) $15.0m ($15.0m) ($25.0m) $0 $0 — —
Premium tax expenses $468.0m $438.0m $417.0m $489.0m $649.0m $787.0m $873.0m $1.1b $1.5b $1.9b
Restructuring Costs — $234.0m $46.0m $6.0m — — — — — —
Income Tax Expense (Benefit) $153.0m ($100.0m) $292.0m $235.0m $288.0m $216.0m $271.0m $373.0m $410.0m $117.0m

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.