Molina Healthcare Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	42,320	38,627	32,529	30,883	26,855	18,299
Total Interest & Dividend Income	434	453	404	149	42	59
Gain (Loss) on Sale of Investments	-1	-1	-10	-6	10	-
Other Revenue	89	85	80	75	77	17
Total Revenue	42,842	39,164	33,003	31,101	26,984	18,375
Revenue Growth (YoY)	14.11%	18.67%	6.12%	15.26%	46.85%	12.45%
Policy Benefits	38,355	34,428	28,669	27,175	23,704	15,820
Depreciation & Amortization	199	186	171	176	131	88
Selling, General & Administrative	2,759	2,626	2,347	2,208	1,996	1,423
Other Operating Expenses	86	100	87	58	61	37
Total Operating Expenses	41,515	37,456	31,389	29,720	25,964	17,425
Operating Income	1,327	1,708	1,614	1,381	1,020	950
Interest Expense	-174	-118	-109	-110	-120	-102
Other Non Operating Income (Expenses)	-	-	-	-	-25	-
EBT Excluding Unusual Items	1,153	1,590	1,505	1,271	875	848
Merger & Restructuring Charges	-4	-1	-	-	-	-
Asset Writedown	-	-	-	-208	-	-
Legal Settlements	-	-	-	-	-	128
Other Unusual Items	-	-	-41	-	-	-15
Pretax Income	1,149	1,589	1,464	1,063	875	961
Income Tax Expense	266	410	373	271	216	288
Net Income	883	1,179	1,091	792	659	673
Net Income to Common	883	1,179	1,091	792	659	673
Net Income Growth	-22.81%	8.07%	37.75%	20.18%	-2.08%	-8.68%
Shares Outstanding (Basic)	54	57	58	58	58	59
Shares Outstanding (Diluted)	54	58	58	59	59	60
Shares Change (YoY)	-6.50%	-0.69%	-0.68%	-0.17%	-2.17%	-6.70%
EPS (Basic)	16.30	20.54	18.91	13.70	11.40	11.41
EPS (Diluted)	16.24	20.42	18.77	13.55	11.25	11.23
EPS Growth	-17.39%	8.79%	38.52%	20.44%	0.18%	-2.09%
Free Cash Flow	-574	544	1,578	682	2,042	1,824
Free Cash Flow Per Share	-10.57	9.43	27.16	11.66	34.85	30.45
Operating Margin	3.10%	4.36%	4.89%	4.44%	3.78%	5.17%
Profit Margin	2.06%	3.01%	3.31%	2.55%	2.44%	3.66%
Free Cash Flow Margin	-1.34%	1.39%	4.78%	2.19%	7.57%	9.93%
EBITDA	1,457	1,825	1,727	1,503	1,110	1,000
EBITDA Margin	3.40%	4.66%	5.23%	4.83%	4.11%	5.44%
D&A For EBITDA	130	117	113	122	90	50
EBIT	1,327	1,708	1,614	1,381	1,020	950
EBIT Margin	3.10%	4.36%	4.89%	4.44%	3.78%	5.17%
Effective Tax Rate	23.15%	25.80%	25.48%	25.49%	24.69%	29.97%
Revenue as Reported	44,550	40,650	34,072	31,974	27,771	19,423

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.