Molina Healthcare, a multi-state health care organization, delivers health care services and offers health information management solutions. The Company is focused exclusively on government-sponsored health care programs for families and individuals who qualify for government-sponsored health care. Molina offers comprehensive, quality benefits and programs including access to a large selection of doctors, hospitals and other healthcare providers at little or no out-of-pocket cost. The Company owns and operates primary care clinics and provides individuals with medical care including prenatal care, immunizations, and flu shots. Molina Healthcare’s subsidiary, Molina Medicaid Solutions, provides business processing and information technology administrative services to Medicaid agencies. 

Employee Rating

3.0More
TypePublic
HQLong Beach, US
Founded1980
Size (employees)20,000 (est)
Websitemolinahealthcare.com
Molina Healthcare was founded in 1980 and is headquartered in Long Beach, US
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Key People/Management at Molina Healthcare

Joseph Zubretsky

Joseph Zubretsky

President and Chief Executive Officer
Thomas Tran

Thomas Tran

CFO
Jeff Barlow

Jeff Barlow

Senior Vice President, General Counsel and Secretary
Mark Keim

Mark Keim

EVP, Strategic Planning, Corporate Development and Transformation
Pamela Sedmak

Pamela Sedmak

Executive Vice President, Health Plan Operations
James Woys

James Woys

Executive Vice President, Health Plan Services
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Molina Healthcare Office Locations

Molina Healthcare has offices in Long Beach, Spokane, Bothell, Vancouver and in 18 other locations
Long Beach, US (HQ)
100 200 Oceangate
Abbyville, US
f 22125 W 17th Ave
Albuquerque, US
200 400 Tijeras Ave NW
Albuquerque, US
200 400 Tijeras Ave NW
Augusta, US
45 Commerce Dr
Baton Rouge, US
8495 United Plaza Blvd.
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Molina Healthcare Financials and Metrics

Molina Healthcare Revenue

Molina Healthcare's revenue was reported to be $19.88 b in FY, 2017 which is a 11.8% increase from the previous period.
USD

Revenue (Q3, 2018)

4.7b

Gross profit (Q3, 2018)

907.0m

Gross profit margin (Q3, 2018), %

19.3%

Net income (Q3, 2018)

197.0m

EBIT (Q3, 2018)

295.0m

Market capitalization (14-Dec-2018)

8.2b

Closing stock price (14-Dec-2018)

131.7

Cash (30-Sep-2018)

2.8b

EV

6.7b
Molina Healthcare's current market capitalization is $8.2 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

9.7b14.2b17.8b19.9b

Revenue growth, %

47%47%25%12%

General and administrative expense

764.7m1.1b1.4b1.6b

Operating expense total

9.5b13.8b17.5b20.4b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

3.2b3.5b3.6b4.3b4.4b4.5b4.9b5.0b5.0b4.6b4.5b4.7b

Cost of goods sold

3.9b3.8b

Gross profit

664.0m907.0m

Gross profit Margin, %

15%19%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.5b2.3b2.8b3.2b

Accounts Receivable

596.5m597.0m974.0m871.0m

Prepaid Expenses

50.9m192.0m131.0m185.0m

Current Assets

3.2b5.3b6.0b7.5b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

1.1b1.0b1.6b1.9b2.0b2.2b2.2b2.3b2.8b3.2b3.0b3.9b3.7b3.4b2.8b

Accounts Receivable

338.2m473.5m425.7m491.4m631.1m619.9m863.0m1.0b1.1b1.0b1.0b1.0b950.0m1.1b1.3b

Prepaid Expenses

193.5m148.6m120.4m260.0m197.0m169.0m142.0m159.0m174.0m411.0m

Current Assets

2.3b2.4b3.0b4.3b4.8b4.9b5.8b5.5b6.1b6.4b7.2b7.7b8.2b8.0b7.3b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

52.9m62.2m143.0m52.0m(512.0m)

Depreciation and Amortization

93.9m134.4m126.0m182.0m178.0m

Accounts Payable

61.0m11.1m84.0m(4.0m)(12.0m)

Cash From Operating Activities

190.1m1.1b1.1b673.0m804.0m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

4.5m12.3m28.4m28.2m67.1m113.4m24.0m57.0m99.0m77.0m(153.0m)(250.0m)107.0m309.0m506.0m

Depreciation and Amortization

33.0m65.7m99.5m32.6m62.1m92.6m44.0m89.0m135.0m49.0m96.0m139.0m37.0m73.0m104.0m

Accounts Payable

102.2m177.5m314.4m189.4m157.7m33.5m205.0m147.0m1.0m50.0m(18.0m)90.0m319.0m349.0m398.0m

Cash From Operating Activities

210.9m235.5m841.2m553.6m647.7m905.8m139.0m278.0m633.0m719.0m672.0m957.0m394.0m314.0m(191.0m)
USDY, 2018

EV/EBIT

22.8 x

EV/CFO

-35.2 x

Financial Leverage

5.2 x
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Molina Healthcare Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017

Facilities

82 311 391 344

Medical Members

2.62 m3.53 m4.23 m4.50 m
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Molina Healthcare Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Aetna & Humana - Medicare AdvantageAugust 02, 2016
Total Care Medicaid planAugust 01, 2016
Better Health NetworkNovember 30, 2015
Providence Community ServicesNovember 02, 2015
Providence Human ServicesNovember 02, 2015$200 m
Unisys -Health Information ManagementJanuary 19, 2010$135 m
Florida NetPASS LLCAugust 01, 2008$42 m
The Game of Work, LLCJune 30, 2008$2.30 m
Mercy CarePlusNovember 01, 2007$80 m
Hclb, Inc.May 01, 2006$44 m
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Molina Healthcare Revenue Breakdown

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Molina Healthcare revenue breakdown by business segment: 96.9% from Health Plans and 3.1% from Other

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Molina Healthcare Online and Social Media Presence

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Molina Healthcare Company Life and Culture

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Molina Healthcare Frequently Asked Questions

  • When was Molina Healthcare founded?

    Molina Healthcare was founded in 1980.

  • Who are Molina Healthcare key executives?

    Molina Healthcare's key executives are Joseph Zubretsky, Thomas Tran and Jeff Barlow.

  • How many employees does Molina Healthcare have?

    Molina Healthcare has 20,000 employees.

  • What is Molina Healthcare revenue?

    Latest Molina Healthcare annual revenue is $19.9 b.

  • What is Molina Healthcare revenue per employee?

    Latest Molina Healthcare revenue per employee is $994.2 k.

  • Who are Molina Healthcare competitors?

    Competitors of Molina Healthcare include Medi Assist, Humana and Centene.

  • Where is Molina Healthcare headquarters?

    Molina Healthcare headquarters is located at 100 200 Oceangate, Long Beach.

  • Where are Molina Healthcare offices?

    Molina Healthcare has offices in Long Beach, Spokane, Bothell, Vancouver and in 18 other locations.

  • How many offices does Molina Healthcare have?

    Molina Healthcare has 27 offices.