Financial Snapshot

Revenue
$8.217B
TTM
Gross Margin
22.58%
TTM
Net Earnings
$28.95M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
80.14%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.165B
Q3 2024
Cash
Q3 2024
P/E
124.1
Nov 29, 2024 EST
Free Cash Flow
$901.1M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $5.863B $3.964B $1.839B $462.8M $488.2M
YoY Change 47.92% 115.57% 297.3% -5.2%

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
Revenue $5.863B $3.964B $1.839B $462.8M $488.2M
Cost Of Revenue $4.642B $3.281B $1.624B $309.4M $408.3M
Gross Profit $1.221B $682.8M $214.7M $153.4M $79.93M
Gross Profit Margin 20.82% 17.23% 11.68% 33.16% 16.37%

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
Selling, General & Admin $630.4M $627.5M $431.9M $274.4M $169.6M
YoY Change 0.47% 45.31% 57.38% 61.79%
% of Gross Profit 51.64% 91.9% 201.12% 178.82% 212.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $30.69M $15.30M $14.61M $11.29M $6.899M
YoY Change 100.61% 4.76% 29.42% 63.57%
% of Gross Profit 2.51% 2.24% 6.8% 7.35% 8.63%
Operating Expenses $6.098B $4.554B $2.383B $865.1M $747.6M
YoY Change 33.93% 91.07% 175.48% 15.72%
Operating Profit -$235.6M -$589.9M -$544.5M -$402.3M -$259.4M
YoY Change -60.06% 8.34% 35.35% 55.08%

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
Interest Expense -$24.60M $22.62M $4.720M $3.514M $0.00
YoY Change -208.75% 379.3% 34.32%
% of Operating Profit
Other Income/Expense, Net -$7.082M $2.415M -$1.201M
YoY Change -393.25% -301.08%

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
Pretax Income -$267.3M -$610.1M -$570.6M -$405.8M -$259.4M
YoY Change -56.19% 6.92% 40.61% 56.44%
Income Tax $3.294M -$523.0K $846.0K $1.045M $1.793M
% Of Pretax Income
Net Earnings -$270.7M -$606.3M -$572.6M -$406.8M -$261.2M
YoY Change -55.35% 5.88% 40.75% 55.76%
Net Earnings / Revenue -4.62% -15.3% -31.14% -87.9% -53.5%
Basic Earnings Per Share -$1.22 -$2.85 -$3.20 -$14.16 -$9.06
Diluted Earnings Per Share -$1.22 -$2.85 -$3.20 -$14.16 -$9.06

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
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.870B $1.559B $1.104B $826.3M $336.6M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $51.93M $49.86M $40.66M $31.20M $25.10M
YoY Change 4.14% 22.63% 30.32% 24.3%
Property, Plant & Equipment $61.93M $127.9M $119.6M $35.80M $33.10M
YoY Change -51.58% 6.96% 234.0% 8.16%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.055B $1.620B $1.432B $692.1M $363.2M
YoY Change -34.88% 13.18% 106.84% 90.56%
Other Assets $29.87M $27.48M $28.68M $27.00M $25.50M
YoY Change 8.69% -4.17% 6.22% 5.88%
Total Long-Term Assets $3.550B $4.477B $3.281B $2.241B $1.322B
YoY Change -20.71% 36.44% 46.41% 69.53%
Total Assets $3.601B $4.527B $3.322B $2.272B $1.347B
YoY Change
Accounts Payable $273.4M $285.0M $220.0M $137.5M $61.70M
YoY Change -4.09% 29.58% 59.97% 122.85%
Accrued Expenses $80.98M $85.00M $91.67M
YoY Change -4.73% -7.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $273.4M $370.0M $311.6M $137.5M $61.70M
YoY Change -26.12% 18.74% 126.64% 122.85%
Long-Term Debt $298.8M $298.0M $0.00 $142.5M $0.00
YoY Change 0.26% -100.0%
Other Long-Term Liabilities $67.57M $105.0K $0.00 $15.00M $8.800M
YoY Change 64256.19% -100.0% 70.45%
Total Long-Term Liabilities $366.4M $298.1M $0.00 $157.5M $8.800M
YoY Change 22.89% -100.0% 1689.77%
Total Liabilities $2.798B $3.636B $1.934B $1.823B $996.3M
YoY Change -23.07% 87.97% 6.11% 82.99%

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

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 221.7M shares 212.5M shares 179.0M shares 29.26M shares 28.81M shares
Diluted Shares Outstanding 221.7M shares 212.5M shares 179.0M shares 29.26M shares 28.81M shares
Preferred Stock
Treasury Stock Shares

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: $3.5914 Billion

About Oscar Health, Inc.

Oscar Health, Inc. is a health insurance company, which serves its customers through a technology platform. The company is headquartered in New York City, New York and currently employs 2,400 full-time employees. The company went IPO on 2021-03-03. The company offers individual and family, and small group plans, and +Oscar, its full stack technology platform, to others within the provider and payor space. Its individual market primarily consists of policies purchased by individuals and families through health insurance marketplaces. The small group market consists of employees of companies with up to 50 full-time workers in various states and up to 100 full-time workers in select states. The company offers health plans in the individual market on exchange and off-exchange under the five metal plan categories, such as catastrophic, bronze, silver, gold, and platinum. These plans differ based on the size of the monthly premium and the level of sharing of medical costs between Oscar and its members. Oscar brings insurance products to the market to meet various healthcare needs of consumers.

Industry: Hospital & Medical Service Plans Peers: American National Group Inc. NeueHealth, Inc. Brighthouse Financial, Inc. CNO Financial Group, Inc. GENWORTH FINANCIAL INC METLIFE INC National Western Life Group, Inc. TRUPANION, INC.