Molina Healthcare, Inc. balance sheet

At the end of fiscal 2025, Molina Healthcare, Inc. had total assets of $15.56bn, total liabilities of $11.49bn and shareholders' equity of $4.07bn. It held $4.25bn in cash against $3.77bn of debt: net cash of $482m.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Molina Healthcare, Inc.: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash and equivalents	0.5	0.5	0.5	0.8	0.9	1.5	2.3	2.8	3.2	2.8	2.5	4.2	4.4	4.0	4.8	4.7	4.2	4.5
Receivables	—	0.2	0.2	0.1	0.3	0.6	0.6	1.0	0.9	1.3	1.4	1.7	2.2	2.3	3.1	3.3	3.5	3.4
Total current assets	—	1.0	1.0	1.3	2.0	3.2	5.3	6.0	7.5	6.5	6.0	7.9	10.1	10.1	12.5	12.8	12.4	12.5
Goodwill	—	0.2	0.2	0.2	0.2	0.3	0.5	0.6	0.2	0.1	0.1	0.7	1.0	1.1	1.2	1.7	2.0	—
Total assets	—	1.5	1.7	1.9	3.0	4.4	6.6	7.4	8.5	7.2	6.8	9.5	12.2	12.3	14.9	15.6	15.6	15.7
Deferred revenue (current)	—	0.1	0.1	0.1	0.1	0.2	0.2	0.3	0.3	0.2	0.2	0.4	0.4	0.4	0.4	0.1	0.1	0.1
Total current liabilities	—	0.6	0.6	0.8	1.3	2.2	3.8	4.6	5.6	4.2	3.3	5.0	7.0	6.9	8.2	7.9	7.4	7.4
Short-term debt	—	0.0	0.0	0.0	0.2	0.0	0.4	0.5	—	—	0.0	0.0	—	—	—	—	—	—
Long-term debt	—	0.2	0.2	0.3	0.7	0.7	1.2	1.0	1.3	1.0	1.2	2.1	2.2	2.2	2.2	2.9	3.8	3.8
Total debt	0.0	0.2	0.2	0.3	0.7	0.9	1.6	1.6	2.2	1.5	1.3	2.2	2.2	2.2	2.2	3.0	3.8	3.8
Total liabilities	—	0.8	0.9	1.2	2.1	3.4	5.0	5.8	7.1	5.5	4.8	7.4	9.6	9.4	10.7	11.1	11.5	11.5
Shareholders' equity	0.5	0.7	0.8	0.8	0.9	1.0	1.6	1.6	1.3	1.6	2.0	2.1	2.6	3.0	4.2	4.5	4.1	4.2
Net debt (negative = net cash)	−0.5	−0.3	−0.3	−0.5	−0.2	−0.7	−0.7	−1.2	−1.0	−1.4	−1.2	−2.0	−2.2	−1.8	−2.6	−1.7	−0.5	−0.7
Shares outstanding	—	45m	46m	47m	46m	50m	56m	57m	60m	62m	62m	59m	58m	58m	58m	56m	51m	52m

US$ billions unless shown otherwise. Fiscal quarters.

Molina Healthcare, Inc.: balance sheet, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Receivables	3.3	3.5	3.9	3.5	3.5	3.4	3.5	3.4
Total current assets	12.8	13.3	13.1	12.6	12.4	13.3	12.9	12.5
Goodwill	1.7	—	—	—	2.0	—	—	—
Total assets	15.6	16.4	16.2	15.7	15.6	16.4	16.0	15.7
Deferred revenue (current)	0.1	0.4	0.1	0.1	0.1	0.4	0.1	0.1
Total current liabilities	7.9	8.2	7.9	7.5	7.4	8.2	7.7	7.4
Long-term debt	2.9	3.6	3.4	3.7	3.8	3.8	3.8	3.8
Total debt	2.9	3.6	3.4	3.7	3.8	3.8	3.8	3.8
Total liabilities	11.1	12.1	11.6	11.5	11.5	12.3	11.8	11.5
Shareholders' equity	4.5	4.3	4.6	4.2	4.1	4.1	4.2	4.2
Shares outstanding	56m	54m	54m	51m	51m	52m	52m	52m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Molina Healthcare, Inc.'s SEC filings (10-K and 10-Q), retrieved October 23, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Molina Healthcare, Inc.