Business Segments Molina Healthcare, Inc.

Equities

Market Closed - Nyse Other stock markets 20:00:02 13/03/2026 GMT			5-day change	1st Jan Change
149.20 ^USD	+0.01%		+3.27%	-14.03%

03-13	Bernstein Adjusts Molina Healthcare Price Target to $173 From $224, Maintains Outperform Rating	MT
03-12	UBS Adjusts Price Target on Molina Healthcare to $151 From $145, Maintains Neutral Rating	MT

Breakdown by Business Segment (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
Health Maintenance Organizations
Medicaid	21.23B	25.78B	27.71B	30.58B	32.24B
Operating Income	2.32B	2.98B	2.97B	2.98B	2.65B
Medicare	3.38B	3.82B	4.23B	5.54B	6.24B
Operating Income	430M	437M	388M	603M	475M
Marketplace	3.09B	2.3B	2.06B	2.51B	4.49B
Operating Income	399M	290M	499M	617M	423M
Health Plans	-	-	-	-	-
Total Assets	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Healthcare Referral Services
Other	70M	71M	76M	81M	177M
Total Assets	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	14M	11M	9M	8M	23M
Operating Income	846M	1.02B	1.47B	1.94B	2.29B
Operating Income	-2.99B	-3.57B	-3.76B	-4.44B	-5.08B
Healthcare Industry Software
Molina Medicaid Solutions	-	-	-	-	-
Total Assets	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-

Geographical breakdown of sales (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
United States	26.98B	31.1B	33.01B	39.16B	43.56B
Total Assets	12.21B	12.31B	14.89B	15.63B	15.56B
Interest Expense	-120M	-110M	-109M	-118M	-192M
Income Tax Expense	216M	271M	373M	410M	117M
D&A	90M	122M	113M	117M	118M
CAPEX	-77M	-91M	-84M	-100M	-101M
Net Income	659M	792M	1.09B	1.18B	472M
EBT	875M	1.06B	1.46B	1.59B	589M
Operating Income	1.02B	1.17B	1.57B	1.71B	781M