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Debt-to-equity at other companies

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CVS HealthCVS
0.9×+0.7×
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UnitedHealth GroupUNH
0.7×-0.1×
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20.2×+17.3×
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BrightSpring Health Services, Inc.BTSG
1.4×-0.2×
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Health CatalystHCAT
1.7×+1.2×
Elevance Health logo
Elevance HealthELV
0.7×0.0×

Other financials

Income statement

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Revenue$652.5M+46.9%
Gross profit$80.8M-19.5%
Operating income-$9.6M-716%
Net income-$28.4M-42.6%
EPS (diluted)-$0.25+43.2%

Balance sheet

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Cash & equivalents$115.7M-23.4%
Total debt$970.4M+13.7%
Total equity$383.2M-57.2%
Total assets$2.0B-19.9%

Cash flow

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Operating cash flow-$9.3M+69.3%

Valuation

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Market cap$446.58M-58.2%
Enterprise value$1.3B-26.5%
P/S0.2×-0.3×

Profitability

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Gross margin17.2%+0.9pp
Operating margin-20.4%-22.4pp
Net margin-24.1%-35.8pp
FCF margin-9.7%

Returns & leverage

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Return on equity-79%-99.2pp
Current ratio1.2×+0.2×

Where this comes from

Calculated from Evolent Health, Inc.’s reported figures.

Based on the most recent quarter.

The source filing: Evolent Health, Inc.’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 8:53 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628908-26-000086

FAQ

What is Evolent Health, Inc.'s debt-to-equity?
Evolent Health, Inc. (EVH) reported debt-to-equity of 2.5× in Q2 2026.
How has Evolent Health, Inc.'s debt-to-equity changed year-over-year?
Evolent Health, Inc.'s debt-to-equity increased by 165.9% year-over-year, from 1× to 2.5×.
What is the long-term trend for Evolent Health, Inc.'s debt-to-equity?
Over 5 years (2020 to 2025), Evolent Health, Inc.'s debt-to-equity has grown at a 32.6% compound annual growth rate (CAGR), from 0.6× to 2.4×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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