Humana vs Molina Healthcare
Humana reported revenue of $129.7 billion in fiscal 2025, 2.9 times Molina Healthcare's $45.4 billion in fiscal 2025. Humana's revenue grew 10.1% in its latest year, and Molina Healthcare's grew 11.8%. Humana had an operating margin of 2.1%, against 1.7% at Molina Healthcare. Free cash flow was $375 million at Humana and −$636 million at Molina Healthcare.
Side by side
| Humana | Molina Healthcare | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $129.7B | $45.4B |
| Revenue growth | 10.1% | 11.8% |
| Revenue growth a year, last 5 years | 10.9% | 18.5% |
| Gross margin | — | — |
| Operating margin | 2.1% | 1.7% |
| Net margin | 0.9% | 1.0% |
| Free cash flow | $375M | −$636M |
| Free cash flow margin | 0.3% | −1.4% |
| Return on capital | 25.7% | — |
| Net debt to EBITDA | −2.2x | −4.4x |
| Dividends and buybacks | $581M | $1.0B |
| Change in diluted share count | −0.0% | −8.3% |
| Last close | $417.22 | $204.79 |
| P/E at the last close | 44.5× | — |
| Insider trades, last 12 months | bought $150,020, sold $0 | bought $100,128, sold $3.6 million |
| Piotroski F-score | 5 of 8 | 4 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
HumanaMolina Healthcare
Operating margin
Percent of revenue
HumanaMolina Healthcare
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
HumanaMolina Healthcare
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Humana and Molina Healthcare pages.