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. 

Type
Public
HQ
Long Beach, US
Founded
1980
Size (employees)
20,000 (est)-4%
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

Molina Healthcare Office Locations

Molina Healthcare has offices in Charleston, 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 Financials

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 (Q1, 2018)

4.6 b

Net income (Q1, 2018)

107 m

EBIT (Q1, 2018)

222 m

Market capitalization (22-Jun-2018)

6.3 b

Closing share price (22-Jun-2018)

101.5

Cash (31-Mar-2018)

3.7 b

EV

4.6 b
Molina Healthcare's current market capitalization is $6.3 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

9.7 b14.2 b17.8 b19.9 b

Revenue growth, %

47%47%25%12%

General and administrative expense

764.7 m1.1 b1.4 b1.6 b

Operating expense total

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

Revenue

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

General and administrative expense

256.1 m286.5 m287.7 m340 m351 m343 m439 m405 m383 m352 m

Operating expense total

3.1 b3.4 b3.5 b4.3 b4.3 b4.4 b4.8 b5.3 b5.1 b4.4 b

Depreciation and amortization

25 m25.2 m25.8 m32 m34 m36 m39 m37 m33 m26 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.5 b2.3 b2.8 b3.2 b

Accounts Receivable

596.5 m597 m974 m871 m

Prepaid Expenses

50.9 m192 m131 m185 m

Current Assets

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

Cash

1.9 b2 b2.2 b2.2 b2.3 b2.8 b3.2 b3 b3.9 b3.7 b

Accounts Receivable

491.4 m631.1 m619.9 m863 m1 b1.1 b1 b1 b1 b950 m

Prepaid Expenses

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

Current Assets

4.3 b4.8 b4.9 b5.8 b5.5 b6.1 b6.4 b7.2 b7.7 b8.2 b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

62.2 m143 m52 m(512 m)

Depreciation and Amortization

134.4 m126 m182 m178 m

Accounts Payable

11.1 m84 m(4 m)(12 m)

Cash From Operating Activities

1.1 b1.1 b673 m804 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

28.2 m67.1 m113.4 m24 m57 m99 m77 m(153 m)(250 m)107 m

Depreciation and Amortization

32.6 m62.1 m92.6 m44 m89 m135 m49 m96 m139 m37 m

Accounts Payable

189.4 m157.7 m33.5 m205 m147 m1 m50 m(18 m)90 m319 m

Cash From Operating Activities

553.6 m647.7 m905.8 m139 m278 m633 m719 m672 m957 m394 m
USDY, 2018

EV/EBIT

20.8 x

EV/CFO

11.7 x

Debt/Equity

1.3 x

Debt/Assets

0.2 x

Financial Leverage

5.9 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 Advantage August 02, 2016
Total Care Medicaid plan August 01, 2016
Better Health Network November 30, 2015
Providence Community Services November 02, 2015
Providence Human Services November 02, 2015$200 m
Unisys -Health Information Management January 19, 2010$135 m
Florida NetPASS LLC August 01, 2008$42 m
The Game of Work, LLC June 30, 2008$2.30 m
Mercy CarePlus November 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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