Financial Snapshot

Revenue
$2.464B
TTM
Gross Margin
16.02%
TTM
Net Earnings
-$72.23M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
103.88%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.226B
Q3 2024
Cash
Q3 2024
P/E
-18.57
Nov 29, 2024 EST
Free Cash Flow
$109.6M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $1.964B $1.352B $908.0M $924.6M $687.1M $627.1M $435.0M $254.2M $96.88M $0.00 $25.67M $8.300M
YoY Change 45.26% 48.91% -1.8% 34.57% 9.58% 44.17% 71.11% 162.38% -100.0% 209.29%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $1.964B $1.352B $908.0M $924.6M $687.1M $627.1M $435.0M $254.2M $96.88M $0.00 $25.67M $8.300M
Cost Of Revenue $1.503B $1.035B $657.6M $701.4M $513.1M $327.8M $269.4M $155.2M $57.40M $0.00 $30.00M $11.30M
Gross Profit $460.5M $316.6M $250.4M $321.1M $333.3M $299.2M $165.6M $99.00M $39.50M $0.00 -$4.300M -$2.900M
Gross Profit Margin 23.45% 23.42% 27.58% 34.73% 48.51% 47.71% 38.07% 38.95% 40.77% -16.75% -34.94%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $358.1M $269.3M $219.5M $210.4M $236.4M $235.4M $205.7M $160.7M $75.29M $0.00 $15.60M $16.00M
YoY Change 32.99% 22.67% 4.32% -11.01% 0.44% 14.46% 27.99% 113.44% -100.0% -2.5%
% of Gross Profit 77.77% 85.05% 87.66% 65.53% 70.94% 78.68% 124.2% 162.32% 190.6%
Research & Development $15.50M $15.10M $19.80M $18.20M $17.20M $11.10M $5.800M $0.00 $2.000M
YoY Change 2.65% -23.74% 8.79% 5.81% 54.95% 91.38% -100.0%
% of Gross Profit 6.19% 4.7% 5.94% 6.08% 10.39% 11.21% 14.68%
Depreciation & Amortization $123.4M $67.20M $60.04M $61.48M $60.91M $44.52M $32.37M $17.22M $7.166M $0.00 $1.208M $710.0K
YoY Change 83.67% 11.92% -2.34% 0.92% 36.84% 37.53% 87.92% 140.36% -100.0% 70.14%
% of Gross Profit 26.8% 21.23% 23.98% 19.15% 18.28% 14.88% 19.55% 17.4% 18.14%
Operating Expenses $358.1M $269.3M $950.4M $1.192B $996.0M $674.5M $507.8M $491.6M $139.9M $0.00 $46.83M $16.70M
YoY Change 32.99% -71.67% -20.29% 19.71% 47.66% 32.84% 3.29% 251.52% -100.0% 180.4%
Operating Profit -$71.21M $3.642M -$42.41M -$267.6M -$308.9M -$47.48M -$72.84M -$237.4M -$42.97M $0.00 -$21.16M -$19.60M
YoY Change -2055.27% -108.59% -84.15% -13.35% 550.56% -34.82% -69.32% 452.5% -100.0% 7.93%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense $54.21M $15.57M $25.43M $28.33M $14.56M $5.484M $3.636M $247.0K $0.00 -$25.20M -$5.100M $0.00
YoY Change 248.09% -38.75% -10.24% 94.61% 165.41% 50.83% 1372.06% -100.0% 394.12%
% of Operating Profit 427.57%
Other Income/Expense, Net -$543.0K $57.00K -$146.0K -$118.0K -$489.0K $109.0K $171.0K $4.000K $0.00 $0.00 $0.00 $0.00
YoY Change -1052.63% -139.04% 23.73% -75.87% -548.62% -36.26% 4175.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income -$202.4M -$62.08M -$29.80M -$330.5M -$330.0M -$54.15M -$76.40M -$237.5M $343.3M -$25.25M $20.03M -$19.60M
YoY Change 226.05% 108.31% -90.98% 0.17% 509.38% -29.13% -67.83% -169.19% -1459.78% -226.03% -202.2%
Income Tax -$89.40M -$43.38M $483.0K -$2.368M -$22.80M $40.00K -$6.637M -$10.76M $23.48M $0.00 $8.000K -$300.0K
% Of Pretax Income 6.84% 0.04%
Net Earnings -$113.0M -$19.16M -$37.60M -$334.2M -$302.0M -$52.66M -$60.67M -$159.7M $332.5M -$25.25M $20.02M -$19.30M
YoY Change 489.86% -49.03% -88.75% 10.69% 473.46% -13.2% -62.02% -148.04% -1417.02% -226.09% -203.75%
Net Earnings / Revenue -5.76% -1.42% -4.14% -36.15% -43.95% -8.4% -13.95% -62.84% 343.21% 78.0% -232.53%
Basic Earnings Per Share -$1.28 -$0.20 -$0.44 -$3.94 -$3.67 -$0.94 -$3.55 $13.14 -$13.46 $2.51
Diluted Earnings Per Share -$1.28 -$0.20 -$0.44 -$3.94 -$3.67 -$681.8K -$0.94 -$3.55 $6.93 -$13.46 $0.99 -$345.9K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $192.8M $188.2M $266.3M $319.0M $102.8M $228.3M $238.4M $178.9M $155.2M $0.00 $67.90M $5.300M
YoY Change 2.46% -29.32% -16.53% 210.31% -54.97% -4.24% 33.26% 15.27% -100.0% 1181.13%
Cash & Equivalents $192.8M $188.2M $266.3M $319.0M $101.0M $228.3M $238.4M $134.6M $145.7M $0.00 $67.90M
Short-Term Investments $1.800M $0.00 $44.30M $9.400M $0.00 $0.00 $0.00
Other Short-Term Assets $44.10M $35.17M $127.1M $104.6M $48.60M $177.3M $70.80M $45.40M $8.900M $0.00 $1.900M $400.0K
YoY Change 25.39% -72.32% 21.49% 115.23% -72.59% 150.42% 55.95% 410.11% -100.0% 375.0%
Inventory
Prepaid Expenses
Receivables $446.7M $254.7M $130.6M $124.1M $77.40M $82.30M $48.90M $40.60M $20.40M $0.00 $10.50M $2.100M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $20.00M $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $683.7M $478.1M $524.0M $547.6M $228.8M $488.0M $378.2M $265.0M $184.5M $0.00 $80.30M $7.800M
YoY Change 43.01% -8.76% -4.32% 139.34% -53.11% 29.03% 42.72% 43.63% -100.0% 929.49%
Property, Plant & Equipment $90.18M $136.9M $131.6M $144.0M $157.3M $73.60M $50.90M $31.20M $12.80M $0.00 $14.30M $3.800M
YoY Change -34.13% 4.05% -8.63% -8.46% 113.72% 44.6% 63.14% 143.75% -100.0% 276.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.895M $4.475M $5.458M $6.500M $179.4M $16.30M $1.500M $2.200M $44.60M $37.20M $2.400M $2.400M
YoY Change 9.39% -18.01% -16.03% -96.38% 1000.61% 986.67% -31.82% -95.07% 19.89% 1450.0% 0.0%
Other Assets $33.01M $32.31M $52.39M $59.50M $51.00M $40.30M $12.60M $16.00M $1.600M $0.00 $3.500M $100.0K
YoY Change 2.19% -38.34% -11.95% 16.67% 26.55% 219.84% -21.25% 900.0% -100.0% 3400.0%
Total Long-Term Assets $1.997B $1.339B $895.5M $824.1M $1.269B $1.234B $934.5M $934.8M $831.0M $37.20M $21.70M $8.500M
YoY Change 49.09% 49.55% 8.66% -35.07% 2.83% 32.08% -0.03% 12.49% 2133.87% 71.43% 155.29%
Total Assets $2.680B $1.817B $1.419B $1.372B $1.498B $1.722B $1.313B $1.200B $1.016B $37.20M $102.0M $16.30M
YoY Change
Accounts Payable $48.25M $57.17M $96.08M $32.00M $37.50M $146.8M $42.90M $43.90M $16.70M $0.00 $2.000M $2.200M
YoY Change -15.62% -40.5% 200.26% -14.67% -74.46% 242.19% -2.28% 162.87% -100.0% -9.09%
Accrued Expenses $216.0M $170.8M $166.2M $127.8M $74.30M $74.40M $65.00M $67.60M $28.00M $0.00 $10.30M $4.100M
YoY Change 26.46% 2.77% 30.02% 72.01% -0.13% 14.46% -3.85% 141.43% -100.0% 151.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $26.60M
YoY Change -100.0%
Total Short-Term Liabilities $674.2M $433.4M $445.5M $403.3M $192.8M $269.4M $132.7M $131.9M $59.50M $0.00 $29.30M $11.00M
YoY Change 55.56% -2.71% 10.46% 109.18% -28.43% 103.01% 0.61% 121.68% -100.0% 166.36%
Long-Term Debt $597.0M $413.0M $215.7M $263.3M $293.7M $221.0M $121.4M $120.3M $0.00 $0.00 $0.00 $0.00
YoY Change 44.57% 91.48% -18.09% -10.35% 32.9% 82.04% 0.91%
Other Long-Term Liabilities $149.6M $106.7M $63.25M $84.80M $80.60M $17.10M $9.900M $14.70M $100.0K $0.00 $3.400M $100.0K
YoY Change 40.18% 68.69% -25.41% 5.21% 371.35% 72.73% -32.65% 14600.0% -100.0% 3300.0%
Total Long-Term Liabilities $746.6M $519.7M $278.9M $348.1M $374.3M $238.1M $131.3M $135.0M $100.0K $0.00 $3.400M $100.0K
YoY Change 43.67% 86.32% -19.87% -7.0% 57.2% 81.34% -2.74% 134900.0% -100.0% 3300.0%
Total Liabilities $1.434B $957.9M $725.8M $752.1M $575.7M $578.5M $301.8M $497.3M $366.2M $0.00 $32.70M $11.10M
YoY Change 49.73% 31.97% -3.49% 30.64% -0.48% 91.68% -39.31% 35.8% -100.0% 194.59%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.3417 Billion

About Evolent Health, Inc.

Evolent Health, Inc. engages in the provision of healthcare delivery and payment services. The company is headquartered in Arlington, Virginia and currently employs 4,700 full-time employees. The company went IPO on 2015-06-05. The firm offers three primary solutions: specialty care management services, total cost of care management and administrative services. The company provides comprehensive quality management for oncology and cardiology patients from diagnosis through advance care planning services as well as identifying quality, lowest cost of care for outpatient orthopedic surgeries. Its total cost of care management solution enables providers to manage populations they may be accountable for under value-based contracts with payers or accountable care organizations (ACO) contracts with Centers for Medicare and Medicaid Services (CMS). Its administrative services solution includes integrated value-based care platform designed to help customers manage and administer patient health in a cost-effective manner.

Industry: Services-Management Services Peers: Certara, Inc. Change Healthcare Inc. Definitive Healthcare Corp. Doximity, Inc. Teladoc Health, Inc. VEEVA SYSTEMS INC