Skip to content

Health Catalyst HCAT Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin48.7%+2.8pp45.9%+1.4pp44.5%-3.7pp48.2%-0.4pp
Operating margin-51.7%-28.9pp-22.8%+20.1pp-42.9%+7.8pp-50.7%+8.7pp
Net margin-57.2%-34.5pp-22.7%+17.3pp-39.9%+9.8pp-49.7%+13.6pp
EBITDA margin-35.5%-26.2pp-9.3%+19.4pp-28.6%+4.6pp-33.2%+10.7pp
Returns
Return on equity-58.3%-39.3pp-19%+10.9pp-29.8%-0.8pp-29%+9.4pp
Return on assets-26.1%-17.2pp-8.9%+7.3pp-16.3%+1.1pp-17.3%+4.4pp
Return on invested capital-36.4%-22.8pp-13.6%+10.2pp-23.8%+1.9pp-25.7%+5.8pp
Efficiency
Asset turnover0.5×+0.1×0.4×0.0×0.4×+0.1×0.3×0.0×
Liquidity
Current ratio1.9×+0.5×1.4×-3.0×4.4×-0.8×5.2×-0.3×
Quick ratio1.9×+0.5×1.4×-3.0×4.4×-0.8×5.2×-0.3×
Cash ratio0.6×-0.2×0.8×-0.4×1.2×-0.2×1.4×-0.7×
Leverage
Debt-to-equity0.7×-0.4×1.1×+0.4×0.7×+0.1×0.6×+0.2×
Debt-to-assets0.3×-0.1×0.5×+0.1×0.4×0.0×0.3×+0.1×
Per Share
Book value per share$3.52-42.1%$6.07-6.7%$6.50-17.2%$7.86-28.5%
Valuation
Market capitalization$147.05M-43.6%$430.19M-19.3%$532.92M-8.4%$582M-71.8%
Enterprise value$257.76M-32.7%$582.81M-13.7%$675.71M-5.3%$713.67M-65.6%
Price / sales0.5×-0.3×1.4×-0.4×1.8×-0.3×2.1×-6.4×
Price / book1.1×+0.3×1.2×-0.3×1.5×+0.1×1.4×-2.6×
EV / sales0.9×-0.4×1.9×-0.4×2.3×-0.3×2.6×-6.0×
Earnings yield-180.4%-142pp-16.2%+6.0pp-22.2%+1.4pp-23.6%-16.2pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Health Catalyst's profit margins?
Health Catalyst (HCAT) runs a 49.9% gross margin and a -81.7% operating margin, with a -87.7% net margin.
Where do Health Catalyst's ratios come from?
Every ratio is computed from Health Catalyst'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.