KPIs & Operating Metrics(New)
Growth Metrics

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

Clover Health Investments posted quarterly FCF Margin of 14.38% for Q1 2026, up 1795.0% year-on-year from 0.76% in Q1 2025, and up 201.65% on a QoQ basis from 14.15% in Q4 2025.

Clover Health Investments (CLOV) has 7 years of FCF Margin data on file, last reported at 14.38% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 1795.0% year-over-year to 14.38%; the trailing twelve-month figure through Mar 2026 stood at 2.47% (down 14.0% YoY), and the FY2025 full-year result was 3.65%, down 955.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 14.38%, up from 14.15% in the prior quarter.
  • Across five years, FCF Margin topped out at 24.85% in Q1 2023 and bottomed at 71.63% in Q4 2023.
  • The 5-year median for FCF Margin is 2.3% (2025), against an average of 1.56%.
  • The widest annual swing landed in 2023, when FCF Margin tumbled 9266 bps; it then jumped 6019 bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 21.03% in 2022, then plunged by 441 bps to 71.63% in 2023, then soared by 84 bps to 11.44% in 2024, then decreased by 24 bps to 14.15% in 2025, then soared by 202 bps to 14.38% in 2026.
  • The last three FCF Margin figures came in at 14.38% (Q1 2026), 14.15% (Q4 2025), and 2.3% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Unitedhealth 345.31 Bn 315.51 Bn 98.90 Bn 7.29%
2 Cvs Health 115.41 Bn 103.79 Bn 4.43 Bn 10.06%
3 Elevance Health 88.60 Bn 53.18 Bn 13.88 Bn 8.28%
4 Cigna 72.05 Bn 64.43 Bn -44.29 Bn 8.81%
5 Humana 39.05 Bn 17.15 Bn 4.00 Bn 3.00%
6 Centene 30.50 Bn 6.84 Bn 49.24 Bn 8.34%
7 Molina Healthcare 9.31 Bn 60.65 Mn 1.53 Bn 9.77%
8 Oscar Health 6.86 Bn 63.05 Mn -3.22 Bn 45,648.58%
9 Alignment Healthcare 2.69 Bn 1.96 Bn 135.85 Mn 9.89%
10 Clover Health Investments 2.05 Bn 1.85 Bn 154.54 Mn 14.38%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 14.38%
Dec 31, 2025 -14.15%
Sep 30, 2025 2.30%
Jun 30, 2025 1.01%
Mar 31, 2025 -3.56%
Dec 31, 2024 -11.44%
Sep 30, 2024 12.26%
Jun 30, 2024 14.98%
Mar 31, 2024 7.46%
Dec 31, 2023 -71.63%
Sep 30, 2023 -17.35%
Jun 30, 2023 16.80%
Mar 31, 2023 24.85%
Dec 31, 2022 21.03%
Sep 30, 2022 11.83%
Jun 30, 2022 -14.65%
Mar 31, 2022 -20.56%
Dec 31, 2021 -18.61%
Sep 30, 2021 -22.25%
Jun 30, 2021 -15.60%
Mar 31, 2021 -46.63%
Dec 31, 2020 -37.70%
Sep 30, 2020 -20.84%
Jun 30, 2020 7.64%
Mar 31, 2020 -22.86%