MOH

Molina Healthcare, Inc.

Halal Rating :
Uncomfortable
Last Price $294.87 Last updated:
Market Cap $20.5b
7D Change -2.69%
1 Year Change -17.69%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Insurance
  • Accident And Health Insurance
Exchange NYSE
Next Earnings Date Oct. 23, 2024

Molina Healthcare, Inc. is a Fortune 500 managed care organization that provides health insurance to individuals through government programs such as Medicaid and Medicare. The company focuses on providing healthcare services to economically disadvantaged individuals and families, operating health plans in multiple states across the United States.

The company primarily generates revenue through monthly premiums paid by state Medicaid agencies and the federal government for Medicare and Marketplace members. They also earn revenue from state contracts for managing long-term care services.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $10.34b $9.9b - $29.0m 0.00% 0.29%
June 30, 2024 $9.88b $9.47b - $28.0m 0.00% 0.30%
March 31, 2024 $9.93b $9.53b - $27.0m 0.00% 0.28%

Company Impact

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Recent News & Updates