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Astrana Health ASTH Acquisitions

Acquisitions at other companies

CVS Health logo
CVS HealthCVS
$4M-96.6%
Privia Health Group, Inc. logo
Privia Health Group, Inc.PRVA
$91.31M+1,361%
Evolent Health, Inc. logo
Evolent Health, Inc.EVH
$0-100%
BrightSpring Health Services, Inc. logo
BrightSpring Health Services, Inc.BTSG
$42.2M+525%
Tenet Healthcare logo
Tenet HealthcareTHC
$9M-92.5%
InnovAge Holdings, Inc. logo
InnovAge Holdings, Inc.INNV
$4.77M-20.2%

Other financials

Income statement

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Revenue$965.1M+55.6%
Gross profit$105.7M+48.2%
Operating income$28.5M+38.6%
Net income$14.4M+116%
EPS (diluted)$0.29+107%

Balance sheet

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Cash & equivalents$478.4M+85.0%
Total debt$1.1B+136%
Total equity$800.3M+7.4%
Total assets$2.4B+77.2%

Cash flow

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Operating cash flow$68.1M+309%
CapEx$4.0M+30.3%
Free cash flow$64.1M+372%

Valuation

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Market cap$1.69B+33.9%
Enterprise value$2.28B+64.8%
P/E56×
P/S0.5×0.0×

Profitability

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Gross margin10.7%-1.3pp
Operating margin2.5%-1.1pp
Net margin0.9%
FCF margin4.6%

Returns & leverage

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Return on equity3.9%
Debt / equity1.3×+0.7×
Current ratio1.3×-0.4×

Where this comes from

Reported directly by Astrana Health in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Astrana Health’s 10-K, filed March 12, 2026.

Filed
Mar 12, 2026, 8:11 AM EDT
Fiscal year
FY2025
Accession
0001193125-26-103128
Line itemYears ended December 31, 2025Years ended December 31, 2024Years ended December 31, 2023
Other liabilities(632)520
Net cash provided by operating activities114,59752,19868,227
Cash flows from investing activities
Payments for business and asset acquisition, net of cash acquired(548,604)(146,260)(6,512)
Purchases of investments – equity method(5,968)(325)
Purchase of call option issued in conjunction with equity method investment(3,907)
Issuance of loans receivable(1,708)(26,000)(26,473)
Purchases of property and equipment(10,106)(8,031)(28,529)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Astrana Health's acquisitions?
Astrana Health (ASTH) reported acquisitions of $51K in Q4 2025.
How has Astrana Health's acquisitions changed year-over-year?
Astrana Health's acquisitions decreased by 99.8% year-over-year, from $30.77M to $51K.
What is the long-term trend for Astrana Health's acquisitions?
Over 4 years (2021 to 2025), Astrana Health's acquisitions has grown at a 281.7% compound annual growth rate (CAGR), from $2.59M to $548.6M.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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