Molina Healthcare annual operating margin
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2025
Molina Healthcare Operating Margin Growth & History (MOH)
Molina Healthcare's operating margin was 1.72% for fiscal 2025.
View full Molina Healthcare company overviewMolina Healthcare annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 1.72% | −2.48 pp |
| 2024 | 2024-12-31 | 4.20% | −0.42 pp |
| 2023 | 2023-12-31 | 4.62% | +0.95 pp |
| 2022 | 2022-12-31 | 3.67% | −0.00 pp |
| 2021 | 2021-12-31 | 3.67% | −1.88 pp |
| 2020 | 2020-12-31 | 5.55% | −0.65 pp |
| 2019 | 2019-12-31 | 6.20% | +0.22 pp |
| 2018 | 2018-12-31 | 5.99% | +8.78 pp |
| 2017 | 2017-12-31 | −2.79% | −4.51 pp |
| 2016 | 2016-12-31 | 1.72% | −1.01 pp |
| 2015 | 2015-12-31 | 2.73% | +0.73 pp |
| 2014 | 2014-12-31 | 2.00% | −0.08 pp |
| 2013 | 2013-12-31 | 2.08% | +1.38 pp |
| 2012 | 2012-12-31 | 0.69% | −2.30 pp |
| 2011 | 2011-12-31 | 2.99% | +0.42 pp |
| 2010 | 2010-12-31 | 2.57% | +1.15 pp |
| 2009 | 2009-12-31 | 1.42% | — |
Molina Healthcare quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.33% | −1.93 pp |
| Q1 2026 | 2026-03-31 | 0.77% | −3.12 pp |
| Q4 2025 | 2025-12-31 | −1.42% | −5.04 pp |
| Q3 2025 | 2025-09-30 | 1.19% | −3.32 pp |
| Q2 2025 | 2025-06-30 | 3.26% | −1.13 pp |
| Q1 2025 | 2025-03-31 | 3.88% | −0.41 pp |
| Q4 2024 | 2024-12-31 | 3.62% | +0.13 pp |
| Q3 2024 | 2024-09-30 | 4.52% | +0.32 pp |
| Q2 2024 | 2024-06-30 | 4.39% | −0.93 pp |
| Q1 2024 | 2024-03-31 | 4.29% | −1.29 pp |
| Q4 2023 | 2023-12-31 | 3.49% | +2.22 pp |
| Q3 2023 | 2023-09-30 | 4.20% | −0.03 pp |
| Q2 2023 | 2023-06-30 | 5.32% | +0.84 pp |
| Q1 2023 | 2023-03-31 | 5.58% | +0.80 pp |
| Q4 2022 | 2022-12-31 | 1.28% | −1.30 pp |
| Q3 2022 | 2022-09-30 | 4.23% | +1.09 pp |
| Q2 2022 | 2022-06-30 | 4.48% | +0.47 pp |
| Q1 2022 | 2022-03-31 | 4.79% | −0.35 pp |
| Q4 2021 | 2021-12-31 | 2.58% | +0.84 pp |
| Q3 2021 | 2021-09-30 | 3.14% | −2.62 pp |
| Q2 2021 | 2021-06-30 | 4.01% | −5.17 pp |
| Q1 2021 | 2021-03-31 | 5.14% | −0.89 pp |
| Q4 2020 | 2020-12-31 | 1.74% | −3.92 pp |
| Q3 2020 | 2020-09-30 | 5.76% | −0.30 pp |
| Q2 2020 | 2020-06-30 | 9.18% | +2.86 pp |
| Q1 2020 | 2020-03-31 | 6.02% | −0.77 pp |
| Q4 2019 | 2019-12-31 | 5.66% | −0.17 pp |
| Q3 2019 | 2019-09-30 | 6.06% | −0.22 pp |
| Q2 2019 | 2019-06-30 | 6.32% | −0.68 pp |
| Q1 2019 | 2019-03-31 | 6.80% | +2.02 pp |
| Q4 2018 | 2018-12-31 | 5.83% | +11.27 pp |
| Q3 2018 | 2018-09-30 | 6.28% | +7.89 pp |
| Q2 2018 | 2018-06-30 | 7.00% | +12.75 pp |
| Q1 2018 | 2018-03-31 | 4.78% | +3.11 pp |
| Q4 2017 | 2017-12-31 | −5.44% | −5.30 pp |
| Q3 2017 | 2017-09-30 | −1.61% | −4.21 pp |
| Q2 2017 | 2017-06-30 | −5.74% | −8.15 pp |
| Q1 2017 | 2017-03-31 | 1.67% | −0.38 pp |
| Q4 2016 | 2016-12-31 | −0.13% | −2.10 pp |
| Q3 2016 | 2016-09-30 | 2.60% | −0.53 pp |
| Q2 2016 | 2016-06-30 | 2.41% | −0.88 pp |
| Q1 2016 | 2016-03-31 | 2.05% | −0.54 pp |
| Q4 2015 | 2015-12-31 | 1.96% | −1.48 pp |
| Q3 2015 | 2015-09-30 | 3.13% | +1.53 pp |
| Q2 2015 | 2015-06-30 | 3.29% | +1.89 pp |
| Q1 2015 | 2015-03-31 | 2.59% | +1.41 pp |
| Q4 2014 | 2014-12-31 | 3.45% | +3.58 pp |
| Q3 2014 | 2014-09-30 | 1.60% | +0.12 pp |
| Q2 2014 | 2014-06-30 | 1.40% | −1.49 pp |
| Q1 2014 | 2014-03-31 | 1.17% | −3.09 pp |
| Q4 2013 | 2013-12-31 | −0.13% | −3.73 pp |
| Q3 2013 | 2013-09-30 | 1.48% | +1.32 pp |
| Q2 2013 | 2013-06-30 | 2.89% | +6.23 pp |
| Q1 2013 | 2013-03-31 | 4.27% | +1.83 pp |
| Q4 2012 | 2012-12-31 | 3.60% | −0.07 pp |
| Q3 2012 | 2012-09-30 | 0.15% | −2.70 pp |
| Q2 2012 | 2012-06-30 | −3.34% | −6.03 pp |
| Q1 2012 | 2012-03-31 | 2.43% | −0.36 pp |
| Q4 2011 | 2011-12-31 | 3.67% | +0.79 pp |
| Q3 2011 | 2011-09-30 | 2.85% | +0.73 pp |
| Q2 2011 | 2011-06-30 | 2.69% | — |
| Q1 2011 | 2011-03-31 | 2.80% | — |
| Q3 2010 | 2010-09-30 | 2.88% | — |
| Q2 2010 | 2010-06-30 | 2.12% | — |
Molina Healthcare operating margin trends
Over the last five reported fiscal years, Molina Healthcare's operating margin decreased from 5.55% to 1.72%, a change of −3.83 percentage points. The latest reported quarter, Q2 2026, shows 1.33%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Molina Healthcare filings at SEC.gov ↗