Evolent Health (EVH) Operating Leases (2019 - 2026)
Evolent Health's Operating Leases came in at $2.43 million for Q2 2026, down 71.2% from $8.41 million a year earlier and down 23.2% from the prior quarter.
Powered by 
Analysis
Evolent Health (EVH) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Evolent Health's Operating Leases was $3.82 million, down 84.7% from FY2024.
- Operating Leases has declined in each of the last six years, with a five-year compound annual growth rate of -42.8% (FY2020 to FY2025).
- Going back by year, Operating Leases was $24.97 million in FY2024 (-34.3%), $38.01 million in FY2023 (-32.1%), $56.01 million in FY2022 (-3.0%) and $57.72 million in FY2021 (-7.7%).
- The Q2 2026 figure represents the lowest quarterly Operating Leases in data going back to Q1 2019.
- Year-over-year, Operating Leases has declined for 15 consecutive quarters, with an average decline of 63.2% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in Q3 2022 (growth of 1.0%), and the weakest in Q3 2025 (a decline of 84.9%).
- Business Quant data shows EVH's Operating Leases at $3.16 million (Q1 2026), $3.82 million (Q4 2025) and $4.43 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn |
| 10 | Evolent Health | 413.80 Mn | -112.49 Mn | 80.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.43 Mn |
| Mar 31, 2026 | 3.16 Mn |
| Dec 31, 2025 | 3.82 Mn |
| Sep 30, 2025 | 4.43 Mn |
| Jun 30, 2025 | 8.41 Mn |
| Mar 31, 2025 | 15.59 Mn |
| Dec 31, 2024 | 24.97 Mn |
| Sep 30, 2024 | 29.32 Mn |
| Jun 30, 2024 | 30.79 Mn |
| Mar 31, 2024 | 32.47 Mn |
| Dec 31, 2023 | 38.01 Mn |
| Sep 30, 2023 | 39.65 Mn |
| Jun 30, 2023 | 56.58 Mn |
| Mar 31, 2023 | 54.27 Mn |
| Dec 31, 2022 | 56.01 Mn |
| Sep 30, 2022 | 57.84 Mn |
| Jun 30, 2022 | 58.58 Mn |
| Mar 31, 2022 | 56.35 Mn |
| Dec 31, 2021 | 57.72 Mn |
| Sep 30, 2021 | 57.28 Mn |
API Access
Evolent Health Operating Leases 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=operating-leases&ticker=EVH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=EVH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();