Evolent Health (EVH) EBITDA Margin (2015 - 2026)
Evolent Health (EVH) reported EBITDA Margin of 2.01% for Q2 2026, down 3.23 percentage points from 5.23% a year earlier and down 0.39 percentage points from the prior quarter.
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Analysis
Evolent Health (EVH) EBITDA Margin (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Evolent Health's EBITDA Margin came in at -14.76%, down 18.11 percentage points year-over-year; for FY2025, it came in at -15.32%, down 18.56 percentage points from FY2024.
- EBITDA Margin has a five-year change of +4.16 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 3.24% in FY2024 (+0.02 pp), 3.22% in FY2023 (-3.73 pp), 6.94% in FY2022 (+3.57 pp) and 3.38% in FY2021 (+22.86 pp).
- Five-year quarterly EBITDA Margin spans a low of -77.25% in Q4 2025 and a high of 9.00% in Q3 2022.
- Year over year, EBITDA Margin has now declined in each of the last three quarters, with an average year-over-year change of -10.13 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q1 2022 (a gain of 6.94 percentage points); the low point was Q4 2025 (a drop of 79.09 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.40% (Q1 2026), -77.25% (Q4 2025) and 5.77% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 19.96% |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -7.25% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 19.88% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 16.90% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -35.69% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 30.49% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 24.09% |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 21.01% |
| 10 | Evolent Health | 413.80 Mn | -112.49 Mn | 80.84 Mn | 2.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.01% |
| Mar 31, 2026 | 2.40% |
| Dec 31, 2025 | -77.25% |
| Sep 30, 2025 | 5.77% |
| Jun 30, 2025 | 5.23% |
| Mar 31, 2025 | 4.89% |
| Dec 31, 2024 | 1.84% |
| Sep 30, 2024 | 2.37% |
| Jun 30, 2024 | 5.99% |
| Mar 31, 2024 | 2.70% |
| Dec 31, 2023 | 2.01% |
| Sep 30, 2023 | 3.29% |
| Jun 30, 2023 | 2.97% |
| Mar 31, 2023 | 4.96% |
| Dec 31, 2022 | 6.85% |
| Sep 30, 2022 | 9.00% |
| Jun 30, 2022 | 3.74% |
| Mar 31, 2022 | 8.08% |
| Dec 31, 2021 | 2.34% |
| Sep 30, 2021 | 4.45% |
API Access
Evolent Health EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=EVH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "EVH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=EVH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();