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Evolent Health, Inc.

EVH

$3.97 ▲ +0.38 (+10.58%) at close

14 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

Evolent Health, Inc. faces fundamental challenges with weakness in Return on Common Equity (%) and Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $453.4M

Dividend Yield —

Revenue Growth -26.6% ↘

Op. Margin -21.9% ↘

ROIC -29.6% ↘

FCF / Share $0.34 ↗

Trailing P/E —

Price / Book 1.1x

FCF Yield 8.6%

Debt / Equity 2.34

info Valuation on last close. End-of-day price, Aug 7, 2026.

14-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$1.88B

↓ -26.6% —

Net Income Profit after all expenses

$-534.51M

↓ -767.4% —

Operating Margin Operating profit as % of sales

-21.9%

↓ -1279.4% 9th

FCF / Share Free cash flow per share

$0.34

↑ +107.9% —

Long-Term Debt Long-term obligations

$970.54M

↑ +97.9% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)
Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns ↓

Financial Health ↑

Cash Quality ↑

Financial view

Statement lens

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗
Revenue Growth YoY (%)	-26.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-631%)	30.1% Excellent → Excellent Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+502%)	45.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+805%)	48.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+878%)	-1.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-136%)	9.2% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+85%)	35.0% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+600%)	44.2% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+783%)	—	—	—	—	—	—
EPS Growth YoY (%)	-525.9% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	36.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-540.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	54.5% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	88.8% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	N/M	N/M	N/M	—	—
Net Income Growth YoY (%)	-767.4% Weak ↓ Weak Declining Year-over-year change in net income	45.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-489.9% Weak ↓ Weak Declining Year-over-year change in net income	49.0% Excellent ↑ Excellent Improving Year-over-year change in net income	88.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-10.7% Weak ↑ Weak Improving Year-over-year change in net income	-473.5% Weak ↓ Weak Declining Year-over-year change in net income	13.2% Fair Fair Year-over-year change in net income	62.0% Excellent Excellent Year-over-year change in net income	N/M	N/M	N/M	—	—
FCF Growth YoY (%)	107.9% Excellent Excellent Year-over-year change in free cash flow	-87.2% Weak Weak Year-over-year change in free cash flow	N/M	N/M	N/M	—	—	—	—	-14.0% Weak Weak Year-over-year change in free cash flow	—	100.0% Excellent Excellent Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	11.5% Good ↓ Good Declining Compound annual revenue growth over 3 years	41.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	28.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	16.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	13.1% Good Good Compound annual revenue growth over 3 years	28.6% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—	—	—	—	—
Revenue CAGR 5Y (%)	15.2% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	24.7% Excellent → Excellent Stable Compound annual revenue growth over 5 years	25.6% Excellent Excellent Compound annual revenue growth over 5 years	25.5% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗
Operating Margin (%) (%)	-21.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-282%)	-1.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-113%)	-3.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-130%)	0.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-98%)	-4.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-139%)	-28.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-341%)	-36.2% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-402%)	-7.6% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-163%)	-16.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-240%)	—	—	—	—	—
Effective Tax Rate (%) (%)	0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	44.2% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	69.9% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.6% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	6.6% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	8.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	6.8% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-28.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-456%)	-2.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-130%)	-5.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-172%)	-1.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-118%)	-4.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-152%)	-36.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-552%)	-35.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-546%)	-8.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-205%)	-13.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-274%)	—	—	—	—	—
FCF Margin (%) (%)	2.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	0.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.3% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	-0.9% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	4.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-1.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-9.2% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-9.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-12.8% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—
FCF / Net Income (x)	-0.07x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.30x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-1.26x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.60x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-1.03x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.05x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.26x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.14x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.92x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.32x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.08x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.00x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-1.20x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗
Return on Invested Capital (%)	-29.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-2.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-2.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	0.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-4.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-30.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-23.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-3.5% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-5.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-27.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-6.2% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	0.0% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—
Return on Capital (%) (%)	-21.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-1.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-2.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-3.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-19.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-20.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-2.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-5.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-19.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-4.2% Weak Weak Operating profit relative to total assets Optimal: > 10%	0.0% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-128.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-958%)	-6.2% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-141%)	-10.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-171%)	-2.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-115%)	-5.4% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-136%)	-53.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-460%)	-32.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-318%)	-4.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-131%)	-6.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-140%)	-22.7% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-252%)	51.2% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+241%)	—	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗
Debt to Equity (x)	2.34x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+234%)	0.66x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-6%)	0.56x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-20%)	0.48x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-31%)	0.31x Good → Good Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-56%)	0.43x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-39%)	0.32x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-55%)	0.19x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-72%)	0.12x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-83%)	0.17x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-76%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—
Interest Coverage (x)	—	—	—	0.23x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-1.67x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-9.45x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-21.10x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-8.66x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-20.03x Weak Weak Operating income divided by interest expense Optimal: > 5x	-961.21x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	-25.80x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$818.68M	$557.78M	$404.22M	$224.79M	$-50.60M	$-55.66M	$192.66M	$-7.28M	$-117.04M	$-14.28M	$-145.73M	$0.00	$0.00	$-5.25M
Debt / EBITDA (x)	-3.30x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	8.50x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	11.44x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.83x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	12.24x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.28x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.20x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-74.55x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-3.00x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.55x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗
Revenue per Share (USD)	$16.43	$22.28	$17.65	$14.43	$10.55	$10.89	—	—	—	—	—	—	—	—
Basic EPS, GAAP (USD)	$-5.07	$-0.81	$-1.28	$-0.20	$-0.44	$-3.94	—	—	—	$-3.55	$13.14	$-13.46	$2.51	—
Free Cash Flow per Share (USD)	$0.34	$0.16	$1.28	$-0.12	$0.45	$-0.19	—	—	—	$-1.13	$-0.99	$0.00	$-24.97	—
Book Value per Share (USD)	$3.64	$8.73	$9.60	$9.17	$8.06	$7.30	—	—	—	$15.60	$25.84	$-0.89	—	—
Tangible Book Value per Share (USD)	$-7.57	$-7.12	$-7.20	$-3.27	$-0.14	$0.07	—	—	—	$-4.06	$-4.88	$-0.89	—	—
Basic Weighted Avg Shares (shares)	114.21M	114.68M	111.25M	93.70M	86.07M	84.93M	—	—	—	45.03M	25.13M	2.31M	964,000	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗
Working Capital (USD)	$121.11M	$-108.38M	$9.43M	$44.61M	$78.47M	$144.35M	$36.03M	$218.61M	$245.48M	$133.03M	$124.96M	$0.00	—	—
LT Debt (USD)	$970.54M	$490.52M	$597.05M	$412.99M	$215.68M	$263.34M	$293.67M	$221.04M	$121.39M	$120.28M	$0.00	—	—	—
Total Equity (USD)	$415.19M	$1.00B	$1.07B	$859.42M	$693.63M	$619.60M	$922.36M	$1.14B	$1.01B	$702.53M	$649.34M	$-2.07M	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗
Sales/Revenue/Turnover (USD)	$1.88B	$2.55B	$1.96B	$1.35B	$907.96M	$924.64M	$846.38M	$627.06M	$434.95M	—	—	—	—	—
Depreciation Expense (USD)	$115.85M	$118.37M	$123.42M	$67.19M	$60.04M	$61.48M	$60.91M	$44.52M	$32.37M	$17.22M	$7.17M	$0.00	$1.21M	—
Net Income, GAAP (USD)	$-534.51M	$-61.62M	$-113.04M	$-19.16M	$-37.60M	$-334.25M	$-301.97M	$-52.66M	$-60.66M	$-159.74M	$332.49M	$-25.25M	$20.02M	—
Operating Cash Flow (USD)	$38.84M	$18.77M	$142.58M	$-11.55M	$38.75M	$-16.23M	$-42.65M	$-20.65M	$-27.96M	$-35.51M	$-18.47M	$0.00	$-13.63M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 14 years · 51 quarters

Evolent Health, Inc.

Analytical Summary

14-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

Benchmark Lens

Signals

Percentile Rankings

Peer Comparison

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