Molina Healthcare, Inc. (MOH)

Molina Healthcare Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	472	1,179	1,091	792	659
Depreciation & Amortization	118	117	113	122	90
Other Amortization	77	69	58	54	41
Stock-Based Compensation	47	116	115	103	72
Change in Accounts Receivable	-145	-78	-778	-95	-415
Change in Accounts Payable	-221	115	328	55	138
Change in Unearned Revenue	-51	-367	59	-11	-5
Change in Income Taxes	-201	-18	-2	2	7
Change in Insurance Reserves / Liabilities	-132	-40	580	153	471
Change in Other Net Operating Assets	-539	-510	127	-552	1,027
Other Operating Activities	40	61	-29	-58	34
Operating Cash Flow	-535	644	1,662	773	2,119
Operating Cash Flow Growth	-	-61.25%	115.01%	-63.52%	11.64%
Capital Expenditures	-101	-100	-84	-91	-77
Cash Acquisitions	-245	-344	-3	-134	-129
Investment in Securities	657	-21	-661	-515	-1,384
Other Investing Activities	1	1	4	-50	-63
Investing Cash Flow	312	-464	-744	-790	-1,653
Short-Term Debt Issued	1,100	300	-	-	-
Long-Term Debt Issued	838	740	-	-	740
Total Debt Issued	1,938	1,040	-	-	740
Total Debt Repaid	-1,100	-300	-	-	-723
Net Debt Issued (Repaid)	838	740	-	-	17
Repurchases of Common Stock	-1,037	-1,057	-60	-454	-181
Other Financing Activities	29	-30	2	13	-19
Financing Cash Flow	-170	-347	-58	-441	-183
Net Cash Flow	-393	-167	860	-458	283
Free Cash Flow	-636	544	1,578	682	2,042
Free Cash Flow Growth	-	-65.53%	131.38%	-66.60%	11.95%
Free Cash Flow Margin	-1.46%	1.39%	4.78%	2.19%	7.57%
Free Cash Flow Per Share	-12.02	9.43	27.16	11.66	34.85
Cash Interest Paid	181	121	108	108	127
Cash Income Tax Paid	-	-	-	340	235
Levered Free Cash Flow	-100	509.13	836	325.38	849.5
Unlevered Free Cash Flow	20	582.88	904.13	394.13	924.5
Change in Working Capital	-1,289	-898	314	-448	1,223

Updated Feb 5, 2026. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q