Evolent Health (EVH) FCF Margin (2015 - 2026)
Evolent Health's (EVH) quarterly FCF Margin came in at 1.49% in Q1 2026, down 66.0% year-on-year from 4.38% in Q1 2025, and down 117.01% quarter-over-quarter from 8.76% in Q4 2025.
Evolent Health (EVH) FCF Margin (2015 - 2026) Analysis & Trends
Evolent Health's FCF Margin history runs 12 years deep, the most recent figure standing at 1.49% for Q1 2026.
- On a quarterly basis, FCF Margin fell 66.0% year-over-year to 1.49% in Q1 2026; TTM through Mar 2026 was 0.07%, a 48.0% increase from a year earlier, with the FY2025 full-year figure at 0.25%, up 49.0% from the prior year.
- FCF Margin declined to 1.49% in Q1 2026 per EVH's latest filing, from 8.76% in the prior quarter.
- Across five years, FCF Margin topped out at 14.99% in Q4 2023 and bottomed at 22.2% in Q1 2022.
- The 5-year median for FCF Margin is 0.07% (2024), against an average of 0.02%.
- Across the five-year window, FCF Margin slumped 2099 bps in 2022 and jumped 1822 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 6.52% in 2022, then jumped by 130 bps to 14.99% in 2023, then slumped by 133 bps to 5.01% in 2024, then soared by 275 bps to 8.76% in 2025, then tumbled by 117 bps to 1.49% in 2026.
- Per Business Quant, the three latest EVH FCF Margin figures stand at 1.49% (Q1 2026), 8.76% (Q4 2025), and 1.43% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 33.04 Bn | 25.73 Bn | 662.02 Mn | 127.46% |
| 2 | Healthequity | 8.57 Bn | 8.30 Bn | 256.31 Mn | 23.01% |
| 3 | 10x Genomics | 5.94 Bn | 5.40 Bn | 106.18 Mn | 17.24% |
| 4 | Hinge Health | 5.91 Bn | 5.59 Bn | 154.23 Mn | 23.59% |
| 5 | MiniMed | 4.63 Bn | 4.33 Bn | 480.00 Mn | -27.00% |
| 6 | Waystar Holding | 4.61 Bn | 4.55 Bn | 216.84 Mn | 22.17% |
| 7 | Doximity | 4.02 Bn | 3.27 Bn | 125.97 Mn | 79.91% |
| 8 | Privia Health | 3.09 Bn | 2.67 Bn | - | -8.03% |
| 9 | Omnicell | 1.94 Bn | 1.70 Bn | 140.36 Mn | 18.01% |
| 10 | Evolent Health | 410.69 Mn | 244.71 Mn | 83.77 Mn | -1.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.49% |
| Dec 31, 2025 | 8.76% |
| Sep 30, 2025 | 1.43% |
| Jun 30, 2025 | -8.80% |
| Mar 31, 2025 | -0.83% |
| Dec 31, 2024 | -5.01% |
| Sep 30, 2024 | 1.99% |
| Jun 30, 2024 | 2.21% |
| Mar 31, 2024 | -0.07% |
| Dec 31, 2023 | 14.99% |
| Sep 30, 2023 | 10.51% |
| Jun 30, 2023 | -1.32% |
| Mar 31, 2023 | -3.98% |
| Dec 31, 2022 | 6.52% |
| Sep 30, 2022 | -3.78% |
| Jun 30, 2022 | 1.38% |
| Mar 31, 2022 | -22.20% |
| Dec 31, 2021 | 23.92% |
| Sep 30, 2021 | 17.20% |
| Jun 30, 2021 | -13.43% |