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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 100.51 Bn | 96.52 Bn | - |
| 2 | Natera | 57.27 Bn | 52.95 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 26.09 Bn | 24.22 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 26.08 Bn | 23.83 Bn | 1.11 Bn |
| 5 | Tenet Healthcare | 22.29 Bn | 11.30 Bn | - |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn |
| 7 | Fresenius Medical Care AG | 12.78 Bn | 4.73 Bn | 1.52 Bn |
| 8 | BrightSpring Health Services | 12.65 Bn | 10.98 Bn | 492.75 Mn |
| 9 | Davita | 12.13 Bn | 9.34 Bn | 1.16 Bn |
| 10 | Evolent Health | 502.50 Mn | -23.79 Mn | 80.84 Mn |
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 |
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_KEY
import 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();