Evolent Health (EVH) Return on Capital Employed [ROCE] (2015 - 2026)
Evolent Health's Return on Capital Employed [ROCE] was -29.84% in Q2 2026, down 27.96 percentage points from -1.88% a year earlier and down 2.05 percentage points from the prior quarter.
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Analysis
Evolent Health (EVH) Return on Capital Employed [ROCE] (2015 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Evolent Health came in at -22.33%, down 20.20 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of +3.15 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was -2.13% in FY2024 (+2.39 pp), -4.52% in FY2023 (-4.83 pp), 0.31% in FY2022 (+4.77 pp) and -4.46% in FY2021 (+21.02 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2015.
- Compared with a year earlier, Return on Capital Employed [ROCE] has declined for three straight quarters, with an average year-over-year change of -8.70 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q1 2022 (a gain of 24.52 percentage points); the worst was Q2 2026 (a drop of 27.96 percentage points).
- Per Business Quant data, EVH's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was -27.80% (Q1 2026), -22.90% (Q4 2025) and -1.01% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.13 Bn | 104.23 Bn | - | 27.97% |
| 2 | Natera | 46.37 Bn | 41.99 Bn | 513.47 Mn | -12.46% |
| 3 | Labcorp Holdings | 30.08 Bn | 28.17 Bn | 1.11 Bn | 9.44% |
| 4 | Quest Diagnostics | 28.27 Bn | 26.03 Bn | 1.04 Bn | 11.30% |
| 5 | Tenet Healthcare | 23.42 Bn | 12.73 Bn | - | 20.92% |
| 6 | Guardant Health | 21.54 Bn | 17.15 Bn | 236.15 Mn | -33.03% |
| 7 | Tempus AI | 15.27 Bn | 12.42 Bn | 266.70 Mn | -14.14% |
| 8 | BrightSpring Health Services | 14.07 Bn | 11.82 Bn | 518.55 Mn | 11.79% |
| 9 | Encompass Health | 13.70 Bn | 13.33 Bn | - | 18.11% |
| 10 | Evolent Health | 522.19 Mn | -4.09 Mn | 80.84 Mn | -29.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -29.84% |
| Mar 31, 2026 | -27.80% |
| Dec 31, 2025 | -22.90% |
| Sep 30, 2025 | -1.01% |
| Jun 30, 2025 | -1.88% |
| Mar 31, 2025 | -1.54% |
| Dec 31, 2024 | -2.24% |
| Sep 30, 2024 | -2.20% |
| Jun 30, 2024 | -2.16% |
| Mar 31, 2024 | -3.71% |
| Dec 31, 2023 | -3.56% |
| Sep 30, 2023 | -2.53% |
| Jun 30, 2023 | -1.00% |
| Mar 31, 2023 | -0.22% |
| Dec 31, 2022 | 0.27% |
| Sep 30, 2022 | -0.58% |
| Jun 30, 2022 | -2.68% |
| Mar 31, 2022 | -2.94% |
| Dec 31, 2021 | -4.76% |
| Sep 30, 2021 | -2.83% |
API Access
Evolent Health Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=EVH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=EVH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();