InnovAge Holding (INNV) Invested Capital (2020 - 2026)
InnovAge Holding's Invested Capital was $286.82 million in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 3.6% from $297.61 million a year earlier and down 1.4% from the prior quarter.
Powered by 
Analysis
InnovAge Holding (INNV) Invested Capital (2020 - 2026) Analysis & Trends
From fiscal Q4 2020 onward, InnovAge Holding has reported Invested Capital for 23 quarters.
- Invested Capital has now declined for five consecutive fiscal years, with a five-year compound annual growth rate of -7.2% (FY2021 to FY2026).
- In earlier fiscal years, Invested Capital was $297.61 million in FY2025 (-13.2%), $342.88 million in FY2024 (-7.5%), $370.73 million in FY2023 (-9.7%) and $410.47 million in FY2022 (-1.4%).
- The fiscal Q4 2026 figure marks the lowest quarterly Invested Capital in data going back to fiscal Q4 2020.
- Compared with a year earlier, Invested Capital has declined for 17 straight quarters, with an average decline of 7.6% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q3 2022 (growth of 3.3%); the worst was fiscal Q4 2025 (a decline of 13.2%).
- Per Business Quant data, INNV's Invested Capital in the three fiscal quarters before Q4 2026 was $290.75 million (Q3 2026), $319.69 million (Q2 2026) and $308.99 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 43.08 Bn |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 1.90 Bn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 13.46 Bn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 14.47 Bn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 19.81 Bn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 444.93 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 6.04 Bn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 4.24 Bn |
| 10 | InnovAge Holding | 1.20 Bn | 711.70 Mn | 178.30 Mn | 286.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 286.82 Mn |
| Mar 31, 2026 | 290.75 Mn |
| Dec 31, 2025 | 319.69 Mn |
| Sep 30, 2025 | 308.99 Mn |
| Jun 30, 2025 | 297.61 Mn |
| Mar 31, 2025 | 308.35 Mn |
| Dec 31, 2024 | 319.93 Mn |
| Sep 30, 2024 | 333.49 Mn |
| Jun 30, 2024 | 342.88 Mn |
| Mar 31, 2024 | 352.85 Mn |
| Dec 31, 2023 | 358.10 Mn |
| Sep 30, 2023 | 360.71 Mn |
| Jun 30, 2023 | 370.73 Mn |
| Mar 31, 2023 | 381.66 Mn |
| Dec 31, 2022 | 388.04 Mn |
| Sep 30, 2022 | 397.68 Mn |
| Jun 30, 2022 | 410.47 Mn |
| Mar 31, 2022 | 422.97 Mn |
| Dec 31, 2021 | 423.27 Mn |
| Sep 30, 2021 | 424.64 Mn |
API Access
InnovAge Holding Invested Capital 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=invested-capital&ticker=INNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=INNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();