Molina Healthcare, Inc. (MOH) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 13.33B | 12.44B | 12.55B | 13.11B | 13.26B | 12.77B | 12.88B | 12.33B | 12.67B | 12.54B | 12.47B | 11.44B | 11.16B | 10.08B | 10.49B | 10.33B | 10.15B | 10.06B | 9.37B | 8.87B |
| Cash & Short-Term Investments | 5.31B | 4.25B | 8.45B | 8.81B | 9.29B | 8.99B | 9.21B | 8.7B | 8.94B | 9.11B | 9.68B | 8.8B | 8.36B | 7.5B | 7.88B | 7.88B | 7.79B | 7.64B | 7.26B | 6.85B |
| Cash Only | 5.31B | 4.25B | 4.22B | 4.5B | 4.86B | 4.66B | 4.73B | 4.35B | 4.51B | 4.85B | 5.57B | 4.91B | 4.55B | 4.01B | 4.24B | 4.31B | 4.8B | 4.44B | 4.36B | 4.61B |
| Short-Term Investments | 0 | 0 | 4.23B | 4.31B | 4.44B | 4.33B | 4.48B | 4.35B | 4.42B | 4.26B | 4.11B | 3.89B | 3.81B | 3.5B | 3.64B | 3.57B | 2.99B | 3.2B | 2.9B | 2.24B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 28.98 | 28.5 | 29.58 | 29.29 | 27.41 | 25.6 | 22.55 | 23.78 | 26.31 | 26.22 | 21.76 | 22.74 | 22.99 | 21.41 | 21.67 | 21.44 | 21.64 | 21.49 | 21.22 | 21.51 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 4.59B | 4.66B | 590M | 438M | 472M | 487M | 408M | 399M | 381M | 331M | 332M | 260M | 259M | 277M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 3.06B | 3.12B | 3.15B | 3.1B | 3.13B | 2.86B | 2.88B | 2.85B | 2.85B | 2.35B | 2.4B | 2.22B | 2.21B | 2.23B | 2.3B | 2.24B | 2.21B | 2.15B | 1.67B | 1.66B |
| Property, Plant & Equipment | 300M | 301M | 323M | 305M | 287M | 288M | 306M | 305M | 295M | 270M | 290M | 285M | 274M | 259M | 412M | 401M | 393M | 396M | 385M | 383M |
| Fixed Asset Turnover | 35.93x | 36.46x | 36.55x | 38.60x | 38.77x | 35.35x | 33.85x | 32.93x | 35.15x | 32.31x | 29.73x | 29.79x | 30.58x | 24.51x | 19.50x | 20.29x | 19.70x | 18.97x | 18.33x | 17.87x |
| Goodwill | 2.09B | 2.19B | 0 | 0 | 0 | 1.67B | 0 | 0 | 0 | 1.24B | 0 | 0 | 0 | 1.11B | 0 | 0 | 0 | 982M | 701M | 704M |
| Intangible Assets | 0 | 0 | 2.2B | 2.17B | 2.17B | 267M | 1.92B | 1.91B | 1.93B | 208M | 1.47B | 1.35B | 1.37B | 275M | 1.26B | 1.29B | 1.3B | 270M | 214M | 225M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 16.39B | 15.56B | 15.7B | 16.21B | 16.39B | 15.63B | 15.76B | 15.19B | 15.51B | 14.89B | 14.87B | 13.66B | 13.37B | 12.31B | 12.79B | 12.57B | 12.36B | 12.21B | 11.03B | 10.53B |
| Asset Turnover | 0.68x | 0.73x | 0.72x | 0.70x | 0.70x | 0.67x | 0.67x | 0.64x | 0.65x | 0.61x | 0.60x | 0.62x | 0.63x | 0.66x | 0.63x | 0.65x | 0.63x | 0.64x | 0.65x | 0.66x |
| Asset Growth % | 0.03% | -0.42% | -0.38% | 6.74% | 5.63% | 4.96% | 5.97% | 11.16% | 16.02% | 20.94% | 16.24% | 8.66% | 8.18% | 0.86% | 15.95% | 19.39% | 24.22% | 28.08% | 39.99% | 33.7% |
| Total Current Liabilities | 8.19B | 7.37B | 7.48B | 7.88B | 8.15B | 7.9B | 8.34B | 7.84B | 8.51B | 8.17B | 8.49B | 7.54B | 7.61B | 6.86B | 7.24B | 7.22B | 7.04B | 7.05B | 6.07B | 5.71B |
| Accounts Payable | 0 | 0 | 1.12B | 1.11B | 1.12B | 1.33B | 1.22B | 973M | 1.11B | 1.25B | 1.09B | 857M | 787M | 889M | 818M | 715M | 809M | 842M | 797M | 651M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 7.79B | 7.31B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.63x | 1.69x | 1.68x | 1.66x | 1.63x | 1.62x | 1.55x | 1.57x | 1.49x | 1.54x | 1.47x | 1.52x | 1.47x | 1.47x | 1.45x | 1.43x | 1.44x | 1.43x | 1.54x | 1.55x |
| Quick Ratio | 1.63x | 1.69x | 1.68x | 1.66x | 1.63x | 1.62x | 1.55x | 1.57x | 1.49x | 1.54x | 1.47x | 1.52x | 1.47x | 1.47x | 1.45x | 1.43x | 1.44x | 1.43x | 1.54x | 1.55x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 4.12B | 4.12B | 4.03B | 3.73B | 3.92B | 3.24B | 2.65B | 2.51B | 2.51B | 2.51B | 2.5B | 2.5B | 2.47B | 2.5B | 2.51B | 2.52B | 2.52B | 2.53B | 2.44B | 2.45B |
| Long-Term Debt | 3.95B | 3.77B | 3.66B | 3.38B | 3.57B | 2.92B | 2.33B | 2.18B | 2.18B | 2.18B | 2.18B | 2.18B | 2.18B | 2.18B | 2.17B | 2.17B | 2.17B | 2.17B | 2.13B | 2.13B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 12.31B | 11.49B | 11.51B | 11.61B | 12.08B | 11.13B | 10.99B | 10.34B | 11.02B | 10.68B | 10.99B | 10.04B | 10.08B | 9.35B | 9.75B | 9.74B | 9.57B | 9.58B | 8.52B | 8.16B |
| Total Debt | 3.95B | 3.95B | 3.85B | 3.56B | 3.77B | 3.12B | 2.53B | 2.38B | 2.38B | 2.38B | 2.38B | 2.38B | 2.38B | 2.39B | 2.39B | 2.39B | 2.39B | 2.39B | 2.35B | 2.35B |
| Net Debt | -1.37B | -298M | -369M | -936M | -1.09B | -1.54B | -2.2B | -1.97B | -2.13B | -2.46B | -3.19B | -2.53B | -2.17B | -1.61B | -1.85B | -1.92B | -2.41B | -2.05B | -2.01B | -2.26B |
| Debt / Equity | 0.97x | 0.97x | 0.92x | 0.77x | 0.87x | 0.69x | 0.53x | 0.49x | 0.53x | 0.57x | 0.61x | 0.66x | 0.72x | 0.81x | 0.79x | 0.84x | 0.86x | 0.91x | 0.93x | 0.99x |
| Debt / EBITDA | 18.36x | - | 21.16x | 8.27x | 7.83x | 7.29x | 4.92x | 4.97x | 5.06x | 6.64x | 5.93x | 4.91x | 4.77x | 15.73x | 6.29x | 5.90x | 5.80x | 10.58x | 9.29x | 7.74x |
| Net Debt / EBITDA | -6.36x | - | -2.03x | -2.17x | -2.27x | -3.61x | -4.29x | -4.10x | -4.52x | -6.86x | -7.95x | -5.21x | -4.35x | -10.63x | -4.87x | -4.74x | -5.86x | -9.05x | -7.93x | -7.42x |
| Interest Coverage | 1.54x | -3.12x | 2.80x | 7.77x | 10.07x | 11.18x | 16.10x | 15.50x | 15.78x | 11.70x | 13.30x | 16.41x | 16.25x | 3.89x | 11.96x | 13.37x | 13.29x | 5.53x | 7.37x | 9.10x |
| Total Equity | 4.08B | 4.07B | 4.19B | 4.6B | 4.31B | 4.5B | 4.77B | 4.84B | 4.49B | 4.21B | 3.88B | 3.62B | 3.29B | 2.96B | 3.04B | 2.83B | 2.79B | 2.63B | 2.52B | 2.37B |
| Equity Growth % | -5.34% | -9.5% | -12.14% | -4.96% | -4.07% | 6.67% | 22.97% | 33.75% | 36.65% | 42.21% | 27.56% | 27.95% | 17.68% | 12.7% | 20.77% | 19.41% | 29.11% | 25.48% | 14.4% | 18.74% |
| Book Value per Share | 80.00 | 80.11 | 78.19 | 84.77 | 78.65 | 77.92 | 82.67 | 83.21 | 77.07 | 72.42 | 66.76 | 62.54 | 56.69 | 50.75 | 52.80 | 48.46 | 47.60 | 44.80 | 43.04 | 40.58 |
| Total Shareholders' Equity | 4.08B | 4.07B | 4.19B | 4.6B | 4.31B | 4.5B | 4.77B | 4.84B | 4.49B | 4.21B | 3.88B | 3.62B | 3.29B | 2.96B | 3.04B | 2.83B | 2.79B | 2.63B | 2.52B | 2.37B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 3.62B | 3.6B | 3.76B | 4.16B | 3.9B | 4.09B | 4.33B | 4.49B | 4.19B | 3.89B | 3.67B | 3.43B | 3.12B | 2.8B | 2.94B | 2.71B | 2.66B | 2.4B | 2.3B | 2.15B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -7M | 15M | 9M | -10M | -28M | -57M | -9M | -85M | -85M | -82M | -165M | -146M | -125M | -160M | -185M | -128M | -81M | -5M | 17M | 26M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |