InnovAge Holding (INNV) FCF Margin (2020 - 2026)
InnovAge Holding (INNV) recorded FCF Margin of 6.50% in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 2.35 percentage points from 4.15% a year earlier and up 0.73 percentage points from the prior quarter.
InnovAge Holding (INNV) FCF Margin (2020 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), InnovAge Holding reported FCF Margin of 5.09%, up 1.98 percentage points from FY2025.
- Annual FCF Margin has a five-year change of +9.03 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, FCF Margin came in at 3.12% in FY2025 (+8.98 pp), -5.87% in FY2024 (-5.41 pp), -0.45% in FY2023 (+1.11 pp) and -1.57% in FY2022 (+2.37 pp).
- Quarterly FCF Margin has ranged from -25.13% in fiscal Q2 2023 to 14.13% in fiscal Q3 2023 over the past five years.
- On a year-over-year basis, FCF Margin rose in seven of the last eight quarters, with an average year-over-year change of +5.56 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 24.99 percentage points in fiscal Q1 2022, against a drop of 26.49 percentage points in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 5.77% (Q3 2026), 7.93% (Q2 2026) and -0.06% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 5.46% |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -1.15% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 15.08% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 8.41% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -20.76% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 7.41% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | -3.57% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 3.90% |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 9.01% |
| 10 | InnovAge Holding | 1.21 Bn | 723.94 Mn | 178.30 Mn | 6.50% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.50% |
| 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% |
InnovAge Holding FCF Margin 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=fcf-margin&ticker=INNV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "INNV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=INNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();