Clover Health Investments (CLOV) EBITDA Margin (2020 - 2026)
Clover Health Investments (CLOV) reported EBITDA Margin of 3.51% for Q1 2026, up 346.0% on a YoY basis from 0.79% in Q1 2025, and up 134.64% quarter-over-quarter from 10.14% in Q4 2025.
Clover Health Investments (CLOV) EBITDA Margin (2020 - 2026) Analysis & Trends
Clover Health Investments has reported EBITDA Margin for 7 years, with the latest figure 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.
- The five-year high for EBITDA Margin was 5.55% in Q4 2022, with the low at 39.28% in Q2 2022.
- Historically, EBITDA Margin has averaged 9.65% across 5 years, with a median of 7.28% in 2024.
- Annual changes were most pronounced in 2022 — EBITDA Margin soared 4918 bps — and 2023, when it plunged 2724 bps.
- Clover Health Investments' EBITDA Margin stood at 5.55% in 2022, then tumbled by 491 bps to 21.69% in 2023, then soared by 66 bps to 7.28% in 2024, then plunged by 39 bps to 10.14% in 2025, then surged 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 8.05% |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 13.85% |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 1.55% |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 2.06% |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 5.14% |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 3.99% |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 0.77% |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 1,060.06% |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 1.90% |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | 3.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |