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Side-by-side financial comparison of McDonald's (MCD) and Molina Healthcare (MOH). Click either name above to swap in a different company.
Molina Healthcare is the larger business by last-quarter revenue ($10.8B vs $6.5B, roughly 1.7× McDonald's). McDonald's runs the higher net margin — 30.4% vs 0.1%, a 30.3% gap on every dollar of revenue. On growth, McDonald's posted the faster year-over-year revenue change (9.4% vs -3.1%). Over the past eight quarters, Molina Healthcare's revenue compounded faster (4.5% CAGR vs 0.2%).
McDonald's Corporation, doing business as McDonald's, is an American multinational fast food restaurant chain. As of 2024, it is the second-largest by number of locations in the world, behind the Chinese chain Mixue Ice Cream & Tea.
Molina Healthcare, Inc. is a managed care company headquartered in Long Beach, California, United States. The company provides health insurance to individuals through government programs such as Medicaid and Medicare.
MCD vs MOH — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.5B | $10.8B |
| Net Profit | $2.0B | $14.0M |
| Gross Margin | — | — |
| Operating Margin | 0.1% | 0.8% |
| Net Margin | 30.4% | 0.1% |
| Revenue YoY | 9.4% | -3.1% |
| Net Profit YoY | — | -64.0% |
| EPS (diluted) | $2.00 | $0.27 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $6.5B | $10.8B | ||
| Q4 25 | $7.0B | $11.4B | ||
| Q3 25 | $7.1B | $11.5B | ||
| Q2 25 | $6.8B | $11.4B | ||
| Q1 25 | $6.0B | $11.1B | ||
| Q4 24 | $6.4B | $10.5B | ||
| Q3 24 | $6.9B | $10.3B | ||
| Q2 24 | $6.5B | $9.9B |
| Q1 26 | $2.0B | $14.0M | ||
| Q4 25 | $2.2B | $-160.0M | ||
| Q3 25 | $2.3B | $79.0M | ||
| Q2 25 | $2.3B | $255.0M | ||
| Q1 25 | $1.9B | $298.0M | ||
| Q4 24 | $2.0B | $251.0M | ||
| Q3 24 | $2.3B | $326.0M | ||
| Q2 24 | $2.0B | $301.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 10.9% | ||
| Q3 25 | 90.6% | 12.5% | ||
| Q2 25 | 90.4% | 14.0% | ||
| Q1 25 | 89.6% | 15.0% | ||
| Q4 24 | — | 14.2% | ||
| Q3 24 | 90.6% | 16.4% | ||
| Q2 24 | 90.3% | 15.3% |
| Q1 26 | 0.1% | 0.8% | ||
| Q4 25 | 45.0% | -1.4% | ||
| Q3 25 | 47.4% | 1.2% | ||
| Q2 25 | 47.2% | 3.3% | ||
| Q1 25 | 44.5% | 3.9% | ||
| Q4 24 | 44.9% | 3.6% | ||
| Q3 24 | 46.4% | 4.5% | ||
| Q2 24 | 45.0% | 4.4% |
| Q1 26 | 30.4% | 0.1% | ||
| Q4 25 | 30.9% | -1.4% | ||
| Q3 25 | 32.2% | 0.7% | ||
| Q2 25 | 32.9% | 2.2% | ||
| Q1 25 | 31.4% | 2.7% | ||
| Q4 24 | 31.6% | 2.4% | ||
| Q3 24 | 32.8% | 3.2% | ||
| Q2 24 | 31.2% | 3.0% |
| Q1 26 | $2.00 | $0.27 | ||
| Q4 25 | $3.03 | $-2.79 | ||
| Q3 25 | $3.18 | $1.51 | ||
| Q2 25 | $3.14 | $4.75 | ||
| Q1 25 | $2.60 | $5.45 | ||
| Q4 24 | $2.80 | $4.43 | ||
| Q3 24 | $3.13 | $5.65 | ||
| Q2 24 | $2.80 | $5.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $5.3B |
| Total DebtLower is stronger | — | $3.8B |
| Stockholders' EquityBook value | — | $4.1B |
| Total Assets | — | $16.4B |
| Debt / EquityLower = less leverage | — | 0.92× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.3B | ||
| Q4 25 | $774.0M | $8.3B | ||
| Q3 25 | $2.4B | $8.4B | ||
| Q2 25 | $1.9B | $8.8B | ||
| Q1 25 | $1.2B | $9.3B | ||
| Q4 24 | $1.1B | $9.0B | ||
| Q3 24 | $1.2B | $9.2B | ||
| Q2 24 | $792.0M | $8.7B |
| Q1 26 | — | $3.8B | ||
| Q4 25 | $40.0B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $38.4B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $4.1B | ||
| Q4 25 | $-1.8B | $4.1B | ||
| Q3 25 | $-2.2B | $4.2B | ||
| Q2 25 | $-2.8B | $4.6B | ||
| Q1 25 | $-3.5B | $4.3B | ||
| Q4 24 | $-3.8B | $4.5B | ||
| Q3 24 | $-5.2B | $4.8B | ||
| Q2 24 | $-4.8B | $4.8B |
| Q1 26 | — | $16.4B | ||
| Q4 25 | $59.5B | $15.6B | ||
| Q3 25 | $60.6B | $15.7B | ||
| Q2 25 | $59.6B | $16.2B | ||
| Q1 25 | $56.3B | $16.4B | ||
| Q4 24 | $55.2B | $15.6B | ||
| Q3 24 | $56.2B | $15.8B | ||
| Q2 24 | $53.8B | $15.2B |
| Q1 26 | — | 0.92× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $1.1B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 77.29× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.1B | ||
| Q4 25 | $2.7B | $-298.0M | ||
| Q3 25 | $3.4B | $-125.0M | ||
| Q2 25 | $2.0B | $-302.0M | ||
| Q1 25 | $2.4B | $190.0M | ||
| Q4 24 | $2.6B | $-224.0M | ||
| Q3 24 | $2.7B | $873.0M | ||
| Q2 24 | $1.7B | $-219.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $-299.0M | ||
| Q3 25 | $2.4B | $-163.0M | ||
| Q2 25 | $1.3B | $-344.0M | ||
| Q1 25 | $1.9B | $168.0M | ||
| Q4 24 | $1.8B | $-235.0M | ||
| Q3 24 | $1.9B | $838.0M | ||
| Q2 24 | $1.1B | $-246.0M |
| Q1 26 | — | — | ||
| Q4 25 | 23.4% | -2.6% | ||
| Q3 25 | 34.1% | -1.4% | ||
| Q2 25 | 18.3% | -3.0% | ||
| Q1 25 | 31.5% | 1.5% | ||
| Q4 24 | 28.6% | -2.2% | ||
| Q3 24 | 28.3% | 8.1% | ||
| Q2 24 | 16.3% | -2.5% |
| Q1 26 | — | — | ||
| Q4 25 | 15.1% | 0.0% | ||
| Q3 25 | 14.3% | 0.3% | ||
| Q2 25 | 10.9% | 0.4% | ||
| Q1 25 | 9.3% | 0.2% | ||
| Q4 24 | 12.6% | 0.1% | ||
| Q3 24 | 11.6% | 0.3% | ||
| Q2 24 | 9.7% | 0.3% |
| Q1 26 | — | 77.29× | ||
| Q4 25 | 1.25× | — | ||
| Q3 25 | 1.50× | -1.58× | ||
| Q2 25 | 0.89× | -1.18× | ||
| Q1 25 | 1.30× | 0.64× | ||
| Q4 24 | 1.30× | -0.89× | ||
| Q3 24 | 1.21× | 2.68× | ||
| Q2 24 | 0.84× | -0.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MCD
| Other | $2.5B | 38% |
| International Operated Markets | $1.8B | 27% |
| U.S | $1.8B | 27% |
| International Developmental Licensed Markets & Corporate | $476.0M | 7% |
MOH
| Premium revenue | $10.2B | 94% |
| Premium tax revenue | $504.0M | 5% |
| Investment income | $98.0M | 1% |
| Other revenue | $22.0M | 0% |
