CLOV vs MOH: Clover Health Investments and Molina Healthcare compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Molina Healthcare is the larger company, worth $9.9B, about 4.0 times Clover Health Investments.
- Clover Health Investments grew revenue faster over the last year (+55.6% vs -4.8%).
- Molina Healthcare keeps more of each dollar of revenue as operating profit (0.5% vs -0.7%).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | CLOV | MOH |
|---|---|---|
| Market cap | $2.5B | $9.9B |
| Share price | $4.79 | $196.93 |
| Revenue (last fiscal year) | $1.9B | $45.4B |
| Free cash flow (last fiscal year) | -$69M | -$636M |
| Revenue growth, last year | +55.6% | -4.8% |
| Revenue growth per year, last 5 fiscal years | +6.9% | +13.1% |
| Operating margin | -0.74% | 0.46% |
| Net margin | -0.74% | -0.02% |
| Return on equity | -4.9% | -0.17% |
| P/E (trailing) | — | 50.8x |
| Price / free cash flow | — | — |
| EV / EBITDA | — | 12.5x |
| FCF growth the price implies | — | — |
| Dividend yield | — | — |
| Debt / equity | 0.91x | 2.84x |
| Fundamental grade | D | F |
| Superinvestors holding it | 1 | 7 |
| Insider purchases, last 12 months | 0 | 4 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Clover Health Investments
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.5B | -$283M | -43.3% |
| 2022 | $1.1B | -$208M | -26.1% |
| 2023 | $1.3B | -$145M | -16.3% |
| 2024 | $1.4B | $33M | -3.3% |
| 2025 | $1.9B | -$69M | -4.4% |
Molina Healthcare
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $27.8B | $2.0B | 3.7% |
| 2022 | $32.0B | $682M | 3.7% |
| 2023 | $34.1B | $1.6B | 4.6% |
| 2024 | $40.6B | $544M | 4.2% |
| 2025 | $45.4B | -$636M | 1.7% |
Where the revenue comes from
Clover Health Investments
No segment breakdown reported.
Molina Healthcare · by segments, 2023
Medicaid$27.7B81%
Medicare$4.2B12%
Marketplace$2.1B6%
Other$76M0%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open CLOV in InvestinglyQuestions
Which is bigger, Clover Health Investments or Molina Healthcare?
Molina Healthcare (MOH), at $9.9B against $2.5B.
Which grows faster, CLOV or MOH?
Clover Health Investments: revenue grew +55.6% over the last year, against -4.8%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.