Evolent Health, Inc. (EVH)

Evolent Health Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 10, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	343	447	1,294	3,762	2,807	2,469
Market Cap Growth	-71.81%	-65.50%	-65.60%	34.01%	13.70%	82.57%
Enterprise Value	1,178	1,243	2,008	4,369	3,073	2,400
Last Close Price	3.07	4.00	11.25	33.03	28.08	27.67
PE Ratio	-	-0.79	-13.89	-25.80	-140.40	-62.89
Forward PE	17.89	16.88	13.66	38.40	44.32	-
PS Ratio	0.18	-	0.51	1.92	2.08	2.72
PB Ratio	0.82	1.08	1.29	3.52	3.27	3.56
P/TBV Ratio	0.84	1.10	1.29	3.44	3.06	3.43
P/FCF Ratio	71.61	93.91	-211.19	33.04	-56.24	179.36
P/OCF Ratio	8.77	11.50	68.97	26.38	-242.96	63.71
EV/Sales Ratio	0.63	-	0.79	2.22	2.27	2.64
EV/EBITDA Ratio	13.36	-4.22	25.78	83.68	43.39	136.17
EV/EBIT Ratio	-	-3.03	-49.59	-61.35	843.84	-56.59
EV/FCF Ratio	247.81	261.39	-327.65	38.38	-61.57	174.38
Debt / Equity Ratio	2.35	2.35	0.58	0.51	0.55	0.39
Debt / EBITDA Ratio	-3.36	-3.36	9.16	12.35	6.72	15.91
Debt / FCF Ratio	208.14	208.14	-116.46	5.66	-9.54	20.38
Net Debt / Equity Ratio	1.96	1.96	0.55	0.41	0.32	-0.09
Net Debt / EBITDA Ratio	-2.76	-2.76	7.06	8.39	3.86	-3.49
Net Debt / FCF Ratio	170.71	170.71	-89.78	3.85	-5.48	-4.47
Asset Turnover	0.63	0	0.98	0.87	0.84	0.65
Quick Ratio	1.27	1.27	0.81	0.97	1.06	1.06
Current Ratio	1.31	1.31	0.85	1.01	1.10	1.18
Return on Equity (ROE)	-66.73%	-66.54%	-5.06%	-10.74%	-2.41%	-4.61%
Return on Assets (ROA)	-18.51%	-18.46%	-1.52%	-1.77%	0.07%	-3.09%
Return on Invested Capital (ROIC)	-22.05%	-21.99%	-1.80%	-2.20%	0.10%	-5.05%
Return on Capital Employed (ROCE)	-24.54%	-24.54%	-2.11%	-4.20%	0.31%	-4.37%
Earnings Yield	-170.16%	-126.75%	-7.20%	-3.88%	-0.71%	-1.59%
FCF Yield	1.40%	1.06%	-0.47%	3.03%	-1.78%	0.56%
Buyback Yield / Dilution	-10.13%	-10.13%	-1.48%	-0.74%	-0.81%	-0.69%

Updated Feb 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q