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

Clover Health Investments (CLOV) posted EBITDA Margin of 3.67% for Q1 2026, up 133.9% on a QoQ basis from 10.84% in Q4 2025, and up 395.0% year-over-year from 0.74% in Q1 2025.

Clover Health Investments (CLOV) EBITDA Margin (2020 - 2026) Analysis & Trends

Clover Health Investments' EBITDA Margin history runs 7 years deep, the most recent figure standing at 3.67% for Q1 2026.

  • Quarterly EBITDA Margin rose 395.0% year-over-year to 3.67% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.63% (down 96.0% YoY) and the FY2025 annual result came in at 4.52%, down 112.0% from the prior year.
  • EBITDA Margin was 3.67% for Q1 2026 at Clover Health Investments, up from 10.84% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 3.67% in Q1 2026 and bottomed at 38.26% in Q2 2022.
  • A 5-year average of 11.85% and a median of 7.93% in 2022 frame the typical range for EBITDA Margin.
  • Annual changes were most pronounced in 2022 — EBITDA Margin soared 5483 bps — and 2023, when it sank 1402 bps.
  • Clover Health Investments' EBITDA Margin stood at 7.93% in 2022, then sank by 177 bps to 21.95% in 2023, then soared by 69 bps to 6.9% in 2024, then sank by 57 bps to 10.84% in 2025, then jumped by 134 bps to 3.67% in 2026.
  • Business Quant data shows CLOV's EBITDA Margin at 3.67% in Q1 2026, 10.84% in Q4 2025, and 4.91% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Unitedhealth 384.70 Bn 354.90 Bn 38.23 Bn 8.05%
2 Cvs Health 136.05 Bn 124.42 Bn 22.85 Bn 13.85%
3 Elevance Health 82.25 Bn 46.44 Bn 35.79 Bn 1.71%
4 Cigna 75.16 Bn 67.54 Bn -44.29 Bn 2.06%
5 Humana 47.47 Bn 25.57 Bn 5.94 Bn 4.42%
6 Centene 31.35 Bn 7.64 Bn 43.95 Bn 4.17%
7 Molina Healthcare 10.44 Bn 1.19 Bn 1.43 Bn 1.33%
8 Oscar Health 8.62 Bn 1.83 Bn 1.42 Bn 1.30%
9 Alignment Healthcare 4.13 Bn 3.41 Bn 144.48 Mn 1.26%
10 Clover Health Investments 2.38 Bn 2.18 Bn 154.54 Mn 3.67%

Historic Data

Download Data
DateValue
Mar 31, 2026 3.67%
Dec 31, 2025 -10.84%
Sep 30, 2025 -4.91%
Jun 30, 2025 -2.25%
Mar 31, 2025 -0.28%
Dec 31, 2024 -6.90%
Sep 30, 2024 -2.65%
Jun 30, 2024 2.02%
Mar 31, 2024 -6.64%
Dec 31, 2023 -21.95%
Sep 30, 2023 -11.16%
Jun 30, 2023 -9.19%
Mar 31, 2023 -25.13%
Dec 31, 2022 -7.93%
Sep 30, 2022 -27.66%
Jun 30, 2022 -38.26%
Mar 31, 2022 -31.45%
Dec 31, 2021 -43.23%
Sep 30, 2021 -73.29%
Jun 30, 2021 -93.09%