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Evolent Health, Inc. EVH Return on invested capital

Return on invested capital at other companies

CVS Health logo
CVS HealthCVS
7.1%-1.2pp
UnitedHealth Group logo
UnitedHealth GroupUNH
12.3%-6.5pp
The Oncology Institute, Inc. logo
The Oncology Institute, Inc.TOI
-51.8%-2.0pp
Astrana Health logo
Astrana HealthASTH
4.6%-1.1pp
BrightSpring Health Services, Inc. logo
BrightSpring Health Services, Inc.BTSG
7.2%+3.2pp
Elevance Health logo
Elevance HealthELV
11.8%+0.5pp

Other financials

Income statement

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Revenue$496.2M+2.6%
Gross profit$83.8M-18.2%
Operating income-$10.6M-553%
Net income-$26.6M+58.8%
EPS (diluted)-$0.24+61.9%

Balance sheet

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Cash & equivalents$142.0M-42.4%
Total debt$985.4M+13.3%
Total equity$396.4M-57.6%
Total assets$1.9B-29.2%

Cash flow

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Operating cash flow-$984.0K-122%

Valuation

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Market cap$565.78M-47.9%
Enterprise value$1.41B-17.6%
P/S0.3×-0.2×

Profitability

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Gross margin20.2%+4.9pp
Operating margin-22.2%-23.5pp
Net margin-26.3%-33.2pp
FCF margin-9.7%

Returns & leverage

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Return on equity-74.6%-90.1pp
Debt / equity2.5×+1.6×
Current ratio1.3×+0.3×

Where this comes from

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

Based on trailing twelve months.

The official record: Evolent Health, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Evolent Health, Inc.'s return on invested capital?
Evolent Health, Inc. (EVH) reported return on invested capital of -29.9% in Q1 2026.
How has Evolent Health, Inc.'s return on invested capital changed year-over-year?
Evolent Health, Inc.'s return on invested capital decreased by 1509.7% year-over-year, from -1.9% to -29.9%.
What is the long-term trend for Evolent Health, Inc.'s return on invested capital?
Over 5 years (2020 to 2025), Evolent Health, Inc.'s return on invested capital has grown at a -0.1% compound annual growth rate (CAGR), from -28.8% to -28.6%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.