eHealth (EHTH) Gross Margin (2010 - 2023)
eHealth (EHTH) recorded quarterly Gross Margin of 99.71% in Q1 2023, little changed quarter-over-quarter from 99.56% in Q4 2022, and down 17.0% on a YoY basis from 120.13% in Q1 2022.
eHealth (EHTH) Gross Margin (2010 - 2023) Analysis & Trends
eHealth's Gross Margin history runs 14 years deep, the most recent figure standing at 99.71% for Q1 2023.
- In Q1 2023, Gross Margin fell 17.0% year-over-year to 99.71%; the TTM figure through Mar 2023 stood at 99.47% (down 30.0% YoY), while the FY2024 annual figure was 99.66%, up 5.0% from the prior year.
- Gross Margin was 99.71% for Q1 2023 at eHealth, roughly flat from 99.56% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.23% in Q4 2020 to a low of 96.15% in Q4 2019.
- Historically, Gross Margin has averaged 99.34% across 5 years, with a median of 99.49% in 2020.
- The sharpest annual moves came in 2019 and 2020: Gross Margin sank 329 bps in 2019, then surged 408 bps in 2020.
- A 5-year view of Gross Margin shows it stood at 96.15% in 2019, then grew by 4 bps to 100.23% in 2020, then dropped by 1 bps to 99.68% in 2021, then decreased by 0 bps to 99.56% in 2022, then increased by 0 bps to 99.71% in 2023.
- The last three Gross Margin figures came in at 99.71% (Q1 2023), 99.56% (Q4 2022), and 99.07% (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 77.45% |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | - |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | - |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 83.71% |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 84.80% |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | - |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | 23.31% |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | 36.98% |
| 10 | eHealth | 50.75 Mn | -60.07 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 99.71% |
| Dec 31, 2022 | 99.56% |
| Sep 30, 2022 | 99.07% |
| Jun 30, 2022 | 99.16% |
| Mar 31, 2022 | 99.88% |
| Dec 31, 2021 | 99.68% |
| Sep 30, 2021 | 99.96% |
| Jun 30, 2021 | 99.75% |
| Mar 31, 2021 | 99.26% |
| Dec 31, 2020 | 100.23% |
| Sep 30, 2020 | 99.49% |
| Jun 30, 2020 | 99.39% |
| Mar 31, 2020 | 98.93% |
| Dec 31, 2019 | 96.15% |
| Sep 30, 2019 | 99.41% |
| Jun 30, 2019 | 99.32% |
| Mar 31, 2019 | 99.89% |
| Dec 31, 2018 | 99.44% |
| Sep 30, 2018 | 99.58% |
| Jun 30, 2018 | 99.54% |