Molina Healthcare

Molina Healthcare is a FORTUNE 500 company that is focused exclusively on government-sponsored health care programs for families and individuals who qualify for government sponsored health care. Molina Healthcare contracts with state governments and serves as a health plan providing a wide range of quality health care services to families and individuals. Molina Healthcare offers health plans in California, Florida, Illinois, Michigan, New Mexico, Ohio, South Carolina, Texas, Utah, Washington, Wisconsin and Puerto Rico.

Molina also offers a Medicare product and has been selected in several states to participate in duals demonstration projects to manage the care for those eligible for both Medicaid and Medicare. Molina Healthcare owns and operates primary care clinics in California, Florida, New Mexico, Washington and Virginia. Our medical offices provide individuals who qualify for government sponsored programs with medical care including prenatal care, immunizations, and flu shots. Molina Healthcare’s subsidiary, Molina Medicaid Solutions (MMS), provides business processing and information technology administrative services to Medicaid agencies. MMS currently holds contracts with the states of Idaho, Louisiana, Maine, New Jersey, and West Virginia, as well as a contract to provide drug rebate administration services for the Florida Medicaid Pharmacy program.

Company Growth (employees)
Type
Public
HQ
Long Beach, US
Founded
1980
Size (employees)
21,000 (est)
Molina Healthcare was founded in 1980 and is headquartered in Long Beach, US

Key People at Molina Healthcare

Mario Molina

Mario Molina

President and Chief Executive Officer
John Molina

John Molina

Chief Financial Officer
Terry Bayer

Terry Bayer

Chief Operating Officer

Molina Healthcare Office Locations

Molina Healthcare has offices in Long Beach, Miami, Boise, Oak Brook and in 15 other locations
Long Beach, US (HQ)
100 200 Oceangate
Milwaukee, US
11200 W Parkland Ave
Charleston, US
1600 Pennsylvania Ave
Abbyville, US
F 22125 W 17th Ave
Spokane, US
4000 1330 N Washington St
Bothell, US
400 21540 30th Dr Se
Cottonwood Heights, US
200 7050 S Union Park Center
Irving, US
400 5605 N Mac Arthur Blvd
North Charleston, US
120 4105 Faber Pl Dr
Columbus, US
3000 Corporate Exchange Dr
Albuquerque, US
200 400 Tijeras Ave Nw
Trenton, US
Quakerbridge Rd
Troy, US
880 W Long Lake Rd
Augusta, US
45 Commerce Dr
Baton Rouge, US
8591 United Plaza Blvd
Baton Rouge, US
110 8495 United Plaza Blvd
Springfield, US
1 West Old State Capital Plaza Suite 300
Oak Brook, US
212 1520 Kensington Rd
Boise, US
9415 W Golden Trout St
Miami, US
400 8300 Nw 33rd St

Molina Healthcare Data and Metrics

Molina Healthcare Financial Metrics

Molina Healthcare's revenue was reported to be $17.8 b in FY, 2016 which is a 25% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

17.8 b

Revenue growth (FY, 2015 - FY, 2016), %

25%

Net income (FY, 2016)

52 m

EBIT (FY, 2016)

306 m

Market capitalization (24-May-2017)

3.8 b

Closing share price (24-May-2017)

66.6

Cash (31-Dec-2016)

2.8 b

EV

2.4 b
Molina Healthcare's current market capitalization is $3.8 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

6.6 b9.7 b14.2 b17.8 b

Revenue growth, %

47%47%25%

Operating expense total

6.5 b9.5 b13.8 b17.5 b

EBIT

136.6 m192.9 m387 m306 m

EBIT margin, %

2%2%3%2%

Interest expense

52.1 m56.8 m66 m101 m

Income tax expense

36.3 m72.7 m179 m153 m

Net Income

52.9 m62.2 m143 m52 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

935.9 m1.5 b2.3 b2.8 b

Inventories

42.5 m50.9 m192 m131 m

Current Assets

2 b3.2 b5.3 b6 b

Goodwill

230.7 m272 m519 m620 m

Total Assets

3 b4.5 b6.6 b7.4 b

Total Debt

598.4 m704.4 m1.4 b1.4 b

Current Liabilities

1.3 b2.2 b3.8 b4.6 b

Additional Paid-in Capital

340.8 m396.1 m803 m841 m

Retained Earnings

553.1 m615.4 m758 m810 m

Total Equity

892.9 m1 b1.6 b1.6 b

Debt to Equity Ratio

0.7 x0.7 x0.9 x0.9 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.2 x

Financial Leverage

3.4 x4.4 x4.2 x4.5 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

52.9 m62.2 m143 m52 m

Cash From Operating Activities

190.1 m1.1 b1.1 b673 m

Cash From Investing Activities

(543.3 m)(535.7 m)(1.4 b)(202 m)

Cash From Financing Activities

493.4 m78.6 m1.1 b19 m

Interest Paid

34.9 m29.2 m38 m66 m

Income Taxes Paid

(39.3 m)41.7 m(22 m)(26 m)
Numbers are in $, USDY, 2016

EV/EBIT

7.9 x

EV/CFO

3.6 x

Revenue/Employee

846.8 k

Debt/Equity

0.9 x

Debt/Assets

0.2 x

Financial Leverage

4.5 x

Molina Healthcare Operating Metrics

FY, 2014FY, 2015FY, 2016

Medical Members

2.62 m3.53 m4.23 m

Facilities

391

Molina Healthcare Market Value History

Molina Healthcare Revenue Breakdown

Molina Healthcare Median Salaries

Source: 53 public H-1B filings from Molina Healthcare

Molina Healthcare Online and Social Media Presence

Molina Healthcare Company Life and Culture

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