InnovAge Holding (INNV) FCF Margin (2020 - 2026)
InnovAge Holding's (INNV) quarterly FCF Margin came in at 5.77% in Q1 2026, down 419.0% YoY from 1.81% in Q1 2025, and down 27.2% on a QoQ basis from 7.93% in Q4 2025.
InnovAge Holding (INNV) FCF Margin (2020 - 2026) Analysis & Trends
InnovAge Holding (INNV) has 7 years of FCF Margin data on file, last reported at 5.77% in Q1 2026.
- Quarterly FCF Margin fell 419.0% year-over-year to 5.77% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.48% (up 256.0% YoY) and the FY2025 annual result came in at 3.12%, up 898.0% from the prior year.
- FCF Margin retreated to 5.77% in Q1 2026, from 7.93% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 14.13% in Q1 2023 to a low of 25.13% in Q4 2022.
- A 5-year average of 1.12% and a median of 1.58% in 2024 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2022 — FCF Margin sank 2649 bps — and 2023, when it jumped 2314 bps.
- Tracing INNV's FCF Margin over 5 years: stood at 25.13% in 2022, then soared by 77 bps to 5.76% in 2023, then jumped by 145 bps to 2.59% in 2024, then jumped by 206 bps to 7.93% in 2025, then retreated by 27 bps to 5.77% in 2026.
- The last three FCF Margin figures came in at 5.77% (Q1 2026), 7.93% (Q4 2025), and 0.06% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 5.46% |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 7.41% |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 3.90% |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 9.01% |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 8.27% |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 4.65% |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 2.19% |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 10.29% |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 19.73% |
| 10 | InnovAge Holding | 1.44 Bn | 1.31 Bn | 174.27 Mn | 5.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.77% |
| Dec 31, 2025 | 7.93% |
| Sep 30, 2025 | -0.06% |
| Jun 30, 2025 | 4.15% |
| Mar 31, 2025 | 9.96% |
| Dec 31, 2024 | 2.59% |
| Sep 30, 2024 | -4.74% |
| Jun 30, 2024 | -0.72% |
| Mar 31, 2024 | 1.58% |
| Dec 31, 2023 | -5.76% |
| Sep 30, 2023 | -19.48% |
| Jun 30, 2023 | 5.16% |
| Mar 31, 2023 | 14.13% |
| Dec 31, 2022 | -25.13% |
| Sep 30, 2022 | 3.19% |
| Jun 30, 2022 | -8.59% |
| Mar 31, 2022 | -9.01% |
| Dec 31, 2021 | 1.36% |
| Sep 30, 2021 | 10.12% |
| Jun 30, 2021 | 3.51% |