HIMS vs ELV vs HNGE Stock Comparison

Hims & Hers Health, Elevance Health and Hinge Health Prices as of Oct 23, 2026 Peers: Industry group
ELV Elevance Health, Inc.
$439.75 +10.3% 1M +27.0% 1Y
Market cap
$93.43B
P/E
18.2x
Revenue (TTM)
$201.83B
Div. yield
–
Managed Care Healthcare
4 wins
HNGE Hinge Health, Inc.
$111.44 +20.6% 1M +124.9% 1Y
Market cap
$8.81B
P/E
82.1x
Revenue (TTM)
$720.06M
Div. yield
–
Telehealth Healthcare
4 wins

Head to Head

9 decided of 12

Elevance Health leads on 4 of the 12 questions below (Elevance Health 4, Hinge Health 4, Hims & Hers Health 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHIMSELVHNGELeader
Larger companyMarket capitalisation $6.39B $93.43B $8.81B ELV
Cheaper on earningsLower P/E, profitable companies only -45.0x 18.2x 82.1x ELV
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 15.6x 44.9x ELV
Faster revenue growthRevenue growth, trailing twelve months +28.0% +3.6% +49.8% HNGE
More profitableNet margin, trailing twelve months -5.5% 2.5% 14.9% HNGE
Better return on capitalReturn on invested capital — -153.2% — –
Less leveragedLower net debt / EBITDA — 0.0x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -42.9% +27.0% +124.9% HNGE
Better 5-year returnAnnualised price return, 5 years +29.6%/yr +0.3%/yr — HIMS
Less volatileAnnualised volatility, 1 year 86.7% 36.0% 53.5% ELV
Higher overall scoreMean of the five percentile scores vs peers 40/100 51/100 71/100 HNGE

Percentile Scorecard

HIMSELVHNGE

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHIMSELVHNGE
Valuation 33 #63 of 93 50 #13 of 25 26 #69 of 93
Growth 41 #52 of 88 30 #17 of 24 98 #3 of 88
Profitability 40 #53 of 87 44 #14 of 24 100 #1 of 87
Financial Health 20 #80 of 100 44 #15 of 26 61 #40 of 100
Shareholder Returns 67 #19 of 56 88 #3 of 17 69 #18 of 56
Overall 40 51 71
  • HIMS ranked among 103 companies in Healthcare Providers
  • ELV ranked among 27 companies in Healthcare Payers and Distributors
  • HNGE ranked among 103 companies in Healthcare Providers

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHIMSELVHNGESPY
1 month -2.5%+10.3%+20.6% -1.0%
3 months -1.4%+16.5%+50.0% +2.9%
6 months -9.4%+27.6%+151.6% +6.4%
Year to date -14.7%+25.4%+139.9% +11.4%
1 year -42.9%+27.0%+124.9% +13.1%
3 years +342.3%-2.8%— +79.4%
3 years, per year +64.2%-1.0%— +21.5%
5 years +264.8%+1.5%— +67.7%
5 years, per year +29.6%+0.3%— +10.9%
10 years —+256.1%— +255.2%
10 years, per year —+13.5%— +13.5%

Risk

MeasureHIMSELVHNGESPY
Volatility, 1Y 86.7%36.0%53.5% 12.7%
Downside volatility, 1Y 79.0%39.3%52.7% 12.7%
Beta vs S&P 500, 1Y 2.760.291.08 1.00
Return / volatility, 1Y -0.490.752.33 1.03
Max drawdown, 5Y -78.9%-51.2%-48.5% -25.4%
From 52-week high -43.2%-1.3%-0.5% -2.5%
52-week high $48.78$445.45$112.00 $779.14
52-week low $14.52$280.74$31.17 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHIMSELVHNGE
P/E now vs peer median -45.2xmedian 25.3x 18.5xmedian 24.5x 82.0xmedian 25.3x
P/S now vs peer median 2.5xmedian 1.6x 0.5xmedian 0.3x 12.4xmedian 1.6x
EV/EBITDA now vs peer median -93.3xmedian 14.6x -0.6xmedian 14.4x 53.3xmedian 14.6x
P/FCF now vs peer median 77.8xmedian 22.7x 14.6xmedian 15.8x 30.8xmedian 22.7x
P/B now vs peer median 19.9xmedian 3.3x 2.1xmedian 2.5x 26.0xmedian 3.3x
PEG now vs peer median 1.14median 0.66 -7.93median 1.35 —median 0.66

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHIMSELVHNGE
Revenue $2.58B $201.83B $720.06M
Gross profit $1.76B $53.35B $608.41M
Operating income -$154.52M -$142.23B $93.67M
Net income -$142.00M $5.13B $109.07M
Free cash flow $83.03M $6.51B $290.12M
R&D $183.38M – $129.07M
EPS (diluted) $-0.61 $23.62 $1.29
Cash & equivalents $609.81M $10.35B $286.22M
Total debt – $30.76B –
Shares (diluted) 231.75M 217.60M 83.42M
Enterprise value $3.59B -$49.15B $7.26B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHIMSELVHNGE
P/E -45.2x 18.5x 82.0x
P/FCF 77.8x 14.6x 30.8x
P/Operating cash flow 24.5x 12.5x 30.7x
P/S 2.5x 0.5x 12.4x
P/B 19.9x 2.1x 26.0x
P/Tangible book -65.4x 2.8x 26.1x
EV/EBITDA -93.3x -0.6x 53.3x
EV/EBIT -36.4x -0.6x 91.3x
EV/Revenue 2.2x 0.4x 11.9x
EV/FCF 67.7x 13.8x 29.5x
EV/Operating cash flow 21.3x 11.9x 29.4x
PEG (3Y EPS CAGR) 1.14 -7.93 –

Growth

14 metrics
MetricHIMSELVHNGE
Revenue growth (1Y) 28.0% 3.6% 49.8%
Revenue CAGR (3Y) 53.7% 6.2% –
Gross profit growth (1Y) 15.0% 4.3% 63.0%
Gross profit CAGR (3Y) 45.7% 5.5% –
Operating income growth (1Y) -223.0% -4.2% 117.0%
Operating income CAGR (3Y) -43.7% -7.2% –
Net income growth (1Y) -173.3% -7.4% 120.5%
Net income CAGR (3Y) -44.6% -5.2% –
EPS growth (1Y) -181.3% -4.5% 113.2%
EPS CAGR (3Y) -39.6% -2.3% –
Operating cash flow growth (1Y) 0.7% 54.6% 216.5%
Operating cash flow CAGR (3Y) 117.6% -7.2% –
Free cash flow growth (1Y) -37.3% 72.9% 218.2%
Free cash flow CAGR (3Y) 67.0% -7.6% –

Profitability

14 metrics
MetricHIMSELVHNGE
Gross margin 68.4% 26.4% 84.5%
EBITDA margin -2.3% -69.7% 22.3%
Operating margin -6.0% -70.5% 13.0%
Pretax margin -6.3% 3.1% 15.4%
Net margin -5.5% 2.5% 14.9%
FCF margin 3.2% 3.2% 40.3%
Operating cash flow margin 10.2% 3.8% 40.4%
Return on equity -36.9% 11.4% 47.8%
Return on assets -4.8% 4.0% 14.0%
Return on invested capital – -153.2% –
Return on capital employed -10.5% -176.8% 31.6%
Asset turnover 0.9x 1.6x 0.9x
Cash conversion (OCF / net income) -1.9x 1.5x 2.7x
Stock comp / revenue 6.0% 0.1% 11.5%

Financial Health

11 metrics
MetricHIMSELVHNGE
Debt / assets – 24.1% –
Debt / equity – 0.7x –
Net debt / EBITDA – 0.0x –
Debt / FCF – 4.7x –
Liabilities / assets 91.1% 65.0% 58.4%
Equity / assets 8.9% 35.0% 41.6%
Interest coverage – -98.4x –
Current ratio 0.9x 1.5x 1.3x
Quick ratio 0.8x 1.2x 1.2x
Cash ratio 0.6x 0.8x 0.8x
Altman Z-score 1.60 -0.79 10.93

Shareholder Returns

7 metrics
MetricHIMSELVHNGE
Dividend yield – 1.6% –
Net buyback yield 1.0% 2.1% 1.3%
Shareholder yield 1.0% 3.7% 1.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHIMSELVHNGE
Forward P/E – 15.6xFY2026 44.9xFY2026
EPS, next fiscal year $-0.62FY2026 $28.24FY2026 $2.48FY2026
EPS growth, next FY -221.6%FY2026 -6.8%FY2026 -5.3%FY2026
EPS growth, the year after – +8.9% +22.6%
Revenue, next fiscal year $3.34BFY2026 $208.75BFY2026 $880.31MFY2026
Revenue growth, next FY +42.0%FY2026 +5.7%FY2026 +49.7%FY2026
Revenue growth, the year after +28.1% -0.2% +28.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHIMSELVHNGE
Held by institutions 66.8% 91.8% 71.3%
Institutions holding 508 1,610 279
Change in shares held, QoQ +4.5% +1.7% +2.5%
Institutions buying 324 859 198
Institutions selling 129 540 66
Buyers to sellers 2.51 1.59 3.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HIMSELVHNGE
HIMS 1.00 0.02 0.27
ELV 0.02 1.00 0.11
HNGE 0.27 0.11 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HIMS, ELV and HNGE?

Elevance Health (ELV) is the largest by market capitalisation: Hims & Hers Health (HIMS) $6.39B, Elevance Health (ELV) $93.43B, Hinge Health (HNGE) $8.81B.

Which stock is cheaper, HIMS, ELV and HNGE?

Elevance Health (ELV) trades on the lowest price-to-earnings ratio (Hims & Hers Health (HIMS) -45.0x, Elevance Health (ELV) 18.2x, Hinge Health (HNGE) 82.1x). On next year's consensus earnings, Elevance Health (ELV) is cheapest (Elevance Health (ELV) 15.6x, Hinge Health (HNGE) 44.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Hinge Health (HNGE) grew revenue fastest over the trailing twelve months: Hims & Hers Health (HIMS) +28.0%, Elevance Health (ELV) +3.6%, Hinge Health (HNGE) +49.8%.

Which company is more profitable?

Hinge Health (HNGE) has the highest net margin (Hims & Hers Health (HIMS) -5.5%, Elevance Health (ELV) 2.5%, Hinge Health (HNGE) 14.9%).

Which stock has performed better?

Over the past year Hinge Health (HNGE) returned the most: Hims & Hers Health (HIMS) -42.9%, Elevance Health (ELV) +27.0%, Hinge Health (HNGE) +124.9%. Over five years, Hims & Hers Health (HIMS) compounded fastest (Hims & Hers Health (HIMS) +29.6%/yr, Elevance Health (ELV) +0.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Elevance Health (ELV) has been the steadiest (Hims & Hers Health (HIMS) 86.7%, Elevance Health (ELV) 36.0%, Hinge Health (HNGE) 53.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HIMS, ELV and HNGE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Elevance Health (ELV) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.