Growth Metrics

InnovAge Holding (INNV) Invested Capital (2020 - 2026)

InnovAge Holding posted quarterly Invested Capital of $239.6 million for Q1 2026, down 7.76% year-on-year from $259.8 million in Q1 2025, and down 11.76% on a QoQ basis from $271.6 million in Q4 2025.

InnovAge Holding (INNV) has 7 years of Invested Capital data on file, last reported at $239.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 7.76% year-over-year to $239.6 million; the trailing twelve-month figure through Mar 2026 stood at $239.6 million (down 7.76% YoY), and the FY2025 full-year result was $250.7 million, down 15.01% from the prior year.
  • Invested Capital for Q1 2026 stood at $239.6 million, down from $271.6 million in the prior quarter.
  • Across five years, Invested Capital topped out at $353.9 million in Q1 2022 and bottomed at $239.6 million in Q1 2026.
  • The 5-year median for Invested Capital is $301.1 million (2024), against an average of $297.0 million.
  • The widest annual swing landed in 2022, when Invested Capital rose 5.02%; it then fell 15.01% in 2025.
  • A 5-year view of Invested Capital shows it stood at $321.5 million in 2022, then dropped by 4.52% to $307.0 million in 2023, then declined by 11.87% to $270.6 million in 2024, then advanced by 0.38% to $271.6 million in 2025, then dropped by 11.76% to $239.6 million in 2026.
  • The last three Invested Capital figures came in at $239.6 million (Q1 2026), $271.6 million (Q4 2025), and $261.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn 5.55 Bn
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 18.02 Bn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn -363.69 Mn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 5.88 Bn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 2.37 Bn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 12.23 Bn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 28.06 Bn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 847.99 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 1.05 Bn
10 InnovAge Holding 1.03 Bn 938.20 Mn 243.20 Mn 239.63 Mn

Historic Data

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DateValue
Mar 31, 2026 239.63 Mn
Dec 31, 2025 271.58 Mn
Sep 30, 2025 261.20 Mn
Jun 30, 2025 250.67 Mn
Mar 31, 2025 259.80 Mn
Dec 31, 2024 270.55 Mn
Sep 30, 2024 285.27 Mn
Jun 30, 2024 294.95 Mn
Mar 31, 2024 301.10 Mn
Dec 31, 2023 306.98 Mn
Sep 30, 2023 309.57 Mn
Jun 30, 2023 319.93 Mn
Mar 31, 2023 330.51 Mn
Dec 31, 2022 321.52 Mn
Sep 30, 2022 330.31 Mn
Jun 30, 2022 342.26 Mn
Mar 31, 2022 353.92 Mn
Dec 31, 2021 353.38 Mn
Sep 30, 2021 353.91 Mn
Jun 30, 2021 344.77 Mn
Mar 31, 2021 336.99 Mn
Dec 31, 2020 -31.29 Mn
Sep 30, 2020 -61.42 Mn
Jun 30, 2020 109.54 Mn
Mar 31, 2020 95.64 Mn