MOH vs OSCR: Molina Healthcare and Oscar Health compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Oscar Health is the larger company, worth $10.4B, close to Molina Healthcare's $9.9B.
- Molina Healthcare grew revenue faster over the last year (-4.8% vs -6.2%).
- Oscar Health keeps more of each dollar of revenue as operating profit (2128.9% vs 0.5%).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | MOH | OSCR |
|---|---|---|
| Market cap | $9.9B | $10.4B |
| Share price | $196.93 | $33.37 |
| Revenue (last fiscal year) | $45.4B | $29M |
| Free cash flow (last fiscal year) | -$636M | $1.1B |
| Revenue growth, last year | -4.8% | -6.2% |
| Revenue growth per year, last 5 fiscal years | +13.1% | +51.7% |
| Operating margin | 0.46% | 2128.9% |
| Net margin | -0.02% | 1861.9% |
| Return on equity | -0.17% | 26.8% |
| P/E (trailing) | 50.8x | — |
| Price / free cash flow | — | 9.86x |
| EV / EBITDA | 12.5x | 9.58x |
| FCF growth the price implies | — | -4.4% |
| Dividend yield | — | — |
| Debt / equity | 2.84x | 4.47x |
| Fundamental grade | F | C |
| Superinvestors holding it | 7 | 2 |
| Insider purchases, last 12 months | 4 | 1 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
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% |
Oscar Health
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $5M | -$208M | -10094.2% |
| 2022 | $65M | $351M | -908.5% |
| 2023 | $21M | -$298M | -1103.4% |
| 2024 | $21M | $950M | 278.3% |
| 2025 | $29M | $1.1B | -1386.2% |
Where the revenue comes from
Molina Healthcare · by segments, 2023
Medicaid$27.7B81%
Medicare$4.2B12%
Marketplace$2.1B6%
Other$76M0%
Oscar Health
No segment breakdown reported.
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open MOH in InvestinglyQuestions
Which is bigger, Molina Healthcare or Oscar Health?
Oscar Health (OSCR), at $10.4B against $9.9B.
Which grows faster, MOH or OSCR?
Molina Healthcare: revenue grew -4.8% over the last year, against -6.2%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.