Molina Healthcare — Feb 5, 2025 release

Reports Fourth Quarter and Year-End 2024 Financial Results Page 3 February 5, 2025 2025 Guidance Premium revenue for the full year is expected to be approximately $42 billion, an increase of approximately 9% from the full year 2024. The Company expects its full year GAAP earnings per share in 2025 to be at least $22.50 per share and its full year adjusted earnings per share in 2025 to be at least $24.50 per share, representing 8% growth over the full year 2024. This increase primarily reflects growth in the Company’s legacy footprint and continued realization of new store embedded earnings, partially offset by approximately $1.00 per diluted share of expected implementation costs in 2025 for recent Medicaid and Medicare Duals contract wins, and yields approximately 13% growth over 2024. Guidance metrics are summarized below: Full Year 2025 Guidance Premium Revenue $42.0B Total Revenue $44.0B GAAP Net Income $1,251M Adjusted Net Income $1,362M GAAP EPS – Diluted >$22.50 Adjusted EPS – Diluted >$24.50 Diluted weighted average shares 55.6M Year End Total Membership 5.9M Medicaid 5.0M Medicare 250K Marketplace 580K MCR 88.7% GAAP G&A Ratio 7.2% Adjusted G&A Ratio 7.0% Effective Tax Rate 25.3% GAAP After-tax Margin 2.8% Adjusted After-tax Margin 3.1% See the Reconciliations of Unaudited Non-GAAP Financial Measures at the end of this release. Conference Call Management will host a conference call and webcast to discuss Molina Healthcare’s fourth quarter and year ended December 31, 2024 results at 8:00 a.m. East