OverviewSuggest Edit

Molina Healthcare is a health care organization that delivers health care services and offers health information management solutions. It is focused on government-sponsored health care programs for families and individuals who qualify for government-sponsored health care. Molina offers benefits and programs, including access to a selection of doctors, hospitals, and other healthcare providers. The company owns and operates primary care clinics and provides individuals with medical care, including prenatal care, immunizations, and flu shots.

TypePublic
Founded1980
HQLong Beach, CA, US
Websitemolinahealthcare.com
Employee Ratings3.5
Overall CultureC-

Locations

Molina Healthcare is headquartered in
Long Beach, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)10,000(-9%)
Job Openings552
Revenue (FY, 2020)$19.4 B(+16%)
Share Price (Sept 2021)$262
Cybersecurity ratingBMore

Key People/Management at Molina Healthcare

Joseph Zubretsky

Joseph Zubretsky

President and Chief Executive Officer
Dale B. Wolf

Dale B. Wolf

Chairman of the Board
Barbara Brasier

Barbara Brasier

Director
Garrey E. Carruthers

Garrey E. Carruthers

Director, Chairman of the Compliance and Quality Committee
Jeff Barlow

Jeff Barlow

Chief Legal Officer and Corporate Secretary
Mark Keim

Mark Keim

CFO
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Molina Healthcare Office Locations

Molina Healthcare has offices in Long Beach, Albuquerque, Augusta, Baton Rouge and in 16 other locations
Long Beach, CA, US (HQ)
200 Oceangate #100
Albuquerque, NM, US
400 Tijeras Ave NW #200
Augusta, ME, US
189 Water St
Augusta, ME, US
45 Commerce Dr
Baton Rouge, LA, US
8495 United Plaza Blvd #110
Baton Rouge, LA, US
8591 United Plaza Blvd
Show all (23)

Molina Healthcare Financials and Metrics

Molina Healthcare Revenue

Molina Healthcare's revenue was reported to be $19.42 b in FY, 2020
USD

Revenue (FY, 2020)

19.4b

Net income (FY, 2020)

673.0m

EBIT (FY, 2020)

1.1b

Market capitalization (14-Sept-2021)

15.3b

Closing stock price (14-Sept-2021)

262.0

Cash (31-Dec-2020)

4.2b

EV

13.5b
Molina Healthcare's current market capitalization is $15.3 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

19.9b18.9b16.8b19.4b

Revenue growth, %

12%(5%)(11%)

Cost of goods sold

17.6b15.5b13.9b

Gross profit

2.3b3.4b2.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

4.6b4.9b4.7b4.1b4.2b4.2b4.5b4.6b5.0b

Cost of goods sold

3.8b4.0b3.9b3.4b3.5b3.5b3.7b3.6b4.1b

Gross profit

804.0m915.0m796.0m748.0m727.0m720.0m833.0m1.0b923.0m

Gross profit Margin, %

17%19%17%18%17%17%18%22%18%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

3.2b2.8b2.5b4.2b

Accounts Receivable

871.0m1.3b1.4b1.7b

Prepaid Expenses

185.0m149.0m134.0m175.0m

Current Assets

7.5b6.5b6.0b7.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

3.7b3.4b2.8b3.2b2.3b2.7b2.4b3.3b3.2b

Accounts Receivable

950.0m1.1b1.3b1.4b1.2b1.3b1.6b1.6b1.8b

Prepaid Expenses

411.0m344.0m486.0m124.0m132.0m140.0m346.0m273.0m213.0m

Current Assets

8.2b8.0b7.3b6.7b5.9b5.9b6.3b7.1b7.0b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(512.0m)707.0m737.0m673.0m

Depreciation and Amortization

209.0m148.0m128.0m103.0m

Accounts Payable

(12.0m)45.0m2.0m78.0m

Cash From Operating Activities

804.0m(314.0m)427.0m1.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

107.0m309.0m506.0m198.0m394.0m569.0m178.0m454.0m639.0m

Depreciation and Amortization

37.0m73.0m104.0m25.0m47.0m68.0m20.0m41.0m64.0m

Accounts Payable

319.0m349.0m398.0m(30.0m)(61.0m)37.0m247.0m251.0m55.0m

Cash From Operating Activities

394.0m314.0m(191.0m)249.0m156.0m398.0m136.0m749.0m591.0m
USDFY, 2017

Revenue/Employee

994.2k

Debt/Equity

1.5 x

Debt/Assets

0.2 x

Financial Leverage

6.3 x
Show all financial metrics

Molina Healthcare Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Facilities

8231139134466

Medical Members

2.62 m3.53 m4.23 m4.5 m3.82 m3.33 m
Show all operating metrics

Molina Healthcare Acquisitions / Subsidiaries

Company NameDateDeal Size
Affinity Health PlanSeptember 29, 2020$380 m
Magellan Complete CareApril 30, 2020$820 m
NextLevel Health IllinoisJanuary 06, 2020$50 m
YourCare Health PlanOctober 01, 2019$40 m
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
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Molina Healthcare Revenue Breakdown

Embed Graph

Molina Healthcare revenue breakdown by business segment: 99.9% from Health Plans and 0.1% from Other

Molina Healthcare Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Molina Healthcare Online and Social Media Presence

Embed Graph

Molina Healthcare Company Culture

  • Overall Culture

    C-

    63/100

  • CEO Rating

    D+

    61/100

  • Compensation

    C-

    61/100

  • Diversity

    D+

    59/100

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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, Dale B. Wolf and Barbara Brasier.

  • How many employees does Molina Healthcare have?

    Molina Healthcare has 10,000 employees.

  • What is Molina Healthcare revenue?

    Latest Molina Healthcare annual revenue is $19.4 b.

  • What is Molina Healthcare revenue per employee?

    Latest Molina Healthcare revenue per employee is $1.9 m.

  • Who are Molina Healthcare competitors?

    Competitors of Molina Healthcare include Cigna, Aetna and WellCare Health Plans.

  • Where is Molina Healthcare headquarters?

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

  • Where are Molina Healthcare offices?

    Molina Healthcare has offices in Long Beach, Albuquerque, Augusta, Baton Rouge and in 16 other locations.

  • How many offices does Molina Healthcare have?

    Molina Healthcare has 23 offices.