MOLINA HEALTHCARE, INC. vs Oscar Health, Inc., two Managed Care stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.
Molina administers Medicaid, revenue by state contract; Oscar sells individual-market plans, revenue by exchange enrollment, and the two business models are currently failing in opposite directions: Molina's margins compressed to a 0.42% net by rate resets it cannot control, Oscar's 15.2% operating margin nets negative on a model still proving itself. Neither has an earnings multiple. Molina carries 0.92 turns of debt, Oscar 0.26; Oscar's 28.5% free-cash figure is float. The market values them within $2B of each other, $12B and $10B, an incumbent at its cyclical worst priced like a challenger at its structural midpoint. Both prices are bets on normalization; only one company has ever seen normal.
Comparison updated 2026-07-10.
| Metric | MOH | OSCR |
|---|---|---|
| Price | $229.88 | $29.79 |
| Market cap | $11.7B | $9.8B |
| Sector | Managed Care | Managed Care |
| Stage | Mature | Growth |
| P/B | 2.87 | 5.89 |
| P/S | 0.26 | 0.74 |
| EV/EBITDA | 16.5 | 309.2 |
| Revenue growth | +8.0% | +30.5% |
| Operating margin | 0.8% | 15.2% |
| Net margin | 0.4% | -0.3% |
| Return on equity | 4.6% | -2.4% |
| Return on assets | 1.1% | -0.4% |
| Return on invested capital | 2.6% | 0.5% |
| FCF yield | 2.1% | 28.5% |
| Debt / equity | 0.92 | 0.26 |
| Current ratio | 1.63 | 1.09 |
| Altman Z (solvency) | 4.02 | 2.14 |
| Piotroski F (quality) | 7 / 9 | 8 / 9 |
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.