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Evolent Health, Inc. EVH Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin20.2%+4.9pp21.3%+6.9pp18.4%+2.5pp16.4%-2.2pp15.2%-5.3pp
Operating margin-22.2%-21.0pp-21.9%-20.3pp-1%+0.8pp-1.7%+0.2pp-1.2%+2.2pp
Net margin-26.3%-21.7pp-28.5%-26.1pp-6.2%-3.3pp-5.9%-2.8pp-4.5%+0.5pp
Returns
Return on equity-74.6%-63.6pp-75.5%-69.5pp-13.6%-6.9pp-13.4%-6.4pp-11%-0.8pp
Return on invested capital-29.9%-28.1pp-28.6%-26.1pp-1.2%+1.5pp-2.4%+0.4pp-1.9%+2.8pp
Efficiency
Asset turnover0.8×-0.1×0.8×-0.1×0.8×-0.1×0.9×0.0×0.9×+0.1×
Liquidity
Current ratio1.3×+0.3×1.3×+0.5×1.3×+0.3×-0.1×0.0×
Leverage
Debt-to-equity2.5×+1.6×2.4×+1.7×1.3×+0.7×+0.3×0.9×+0.3×
Per Share
Book value per share$3.54-56.3%$3.64-58.4%$7.38-18.3%$7.73-15.9%$8.11-11.6%
Valuation
Market capitalization$565.78M-47.9%$446.4M-65.5%$981.12M-70.2%$1.25B-43.1%$1.1B-70.4%
Price / sales0.3×-0.2×0.2×-0.3×0.5×-0.9×0.6×-0.4×0.5×-1.3×
Price / book1.4×+0.3×1.1×-0.2×1.2×-2.0×1.4×-0.7×1.2×-2.4×

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Questions, answered.

What are Evolent Health, Inc.'s profit margins?
Evolent Health, Inc. (EVH) runs a 20.2% gross margin and a -22.2% operating margin, with a -26.3% net margin.
Where do Evolent Health, Inc.'s ratios come from?
Every ratio is computed from Evolent Health, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.