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Growth Metrics

Clover Health Investments (CLOV) EBITDA Margin (2020 - 2026)

Clover Health Investments posted quarterly EBITDA Margin of 3.51% for Q1 2026, up 346.0% year-on-year from 0.79% in Q1 2025, and up 134.64% on a QoQ basis from 10.14% in Q4 2025.

Clover Health Investments (CLOV) has 7 years of EBITDA Margin data on file, last reported at 3.51% in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA Margin rose 346.0% year-over-year to 3.51%; the trailing twelve-month figure through Mar 2026 stood at 2.61% (down 109.0% YoY), and the FY2025 full-year result was 4.41%, down 133.0% from the prior year.
  • EBITDA Margin for Q1 2026 stood at 3.51%, up from 10.14% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 5.55% in Q4 2022 and bottomed at 39.28% in Q2 2022.
  • The 5-year median for EBITDA Margin is 7.28% (2024), against an average of 9.65%.
  • The widest annual swing landed in 2022, when EBITDA Margin soared 4918 bps; it then slumped 2724 bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 5.55% in 2022, then slumped by 491 bps to 21.69% in 2023, then jumped by 66 bps to 7.28% in 2024, then tumbled by 39 bps to 10.14% in 2025, then soared by 135 bps to 3.51% in 2026.
  • The last three EBITDA Margin figures came in at 3.51% (Q1 2026), 10.14% (Q4 2025), and 4.85% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Unitedhealth 345.31 Bn 315.51 Bn 98.90 Bn 8.05%
2 Cvs Health 115.41 Bn 103.79 Bn 4.43 Bn 13.85%
3 Elevance Health 88.60 Bn 53.18 Bn 13.88 Bn 1.55%
4 Cigna 72.05 Bn 64.43 Bn -44.29 Bn 2.06%
5 Humana 39.05 Bn 17.15 Bn 4.00 Bn 5.14%
6 Centene 30.50 Bn 6.84 Bn 49.24 Bn 3.99%
7 Molina Healthcare 9.31 Bn 60.65 Mn 1.53 Bn 0.77%
8 Oscar Health 6.86 Bn 63.05 Mn -3.22 Bn 1,060.06%
9 Alignment Healthcare 2.69 Bn 1.96 Bn 135.85 Mn 1.90%
10 Clover Health Investments 2.05 Bn 1.85 Bn 154.54 Mn 3.51%

Historic Data

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DateValue
Mar 31, 2026 3.51%
Dec 31, 2025 -10.14%
Sep 30, 2025 -4.85%
Jun 30, 2025 -2.16%
Mar 31, 2025 0.05%
Dec 31, 2024 -7.28%
Sep 30, 2024 -1.83%
Jun 30, 2024 2.16%
Mar 31, 2024 -5.67%
Dec 31, 2023 -21.69%
Sep 30, 2023 -13.01%
Jun 30, 2023 -9.06%
Mar 31, 2023 -22.16%
Dec 31, 2022 5.55%
Sep 30, 2022 -9.09%
Jun 30, 2022 -39.28%
Mar 31, 2022 -29.05%
Dec 31, 2021 -43.64%
Sep 30, 2021 -17.05%
Jun 30, 2021 -76.98%
Mar 31, 2021 -24.53%
Dec 31, 2020 -79.94%
Sep 30, 2020 7.27%
Jun 30, 2020 2.94%
Mar 31, 2020 -16.15%