InnovAge Holding reported a gross margin of 69.17% and a net margin of -11.90% for the quarter ended Mar 2026. These financial ratios cover 25 quarters of results from Mar 2020 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||
| Gross Margin | 77.58% | 76.47% | 75.53% | 74.01% | 70.80% | 68.72% | 69.32% | 68.73% | 69.81% | 69.72% | 71.24% | 69.40% | 69.84% | 69.10% | 69.35% | 68.14% | 67.50% | 67.86% | 68.76% | 69.17% | |||||
| EBT Margin | 6.37% | 6.14% | 1.32% | -4.10% | -7.46% | -10.03% | -8.04% | -5.03% | -6.50% | -5.88% | -1.97% | -3.32% | -0.47% | -2.59% | -6.44% | -5.07% | -1.90% | 3.35% | 5.20% | -11.82% | |||||
| EBIT Margin | 6.22% | 6.74% | 1.68% | -3.76% | -7.14% | -9.70% | -8.17% | -4.73% | -6.19% | -5.87% | -0.94% | -3.00% | -2.45% | -2.39% | -6.01% | -4.66% | -0.97% | 3.51% | 5.53% | -11.54% | |||||
| EBITDA Margin | 7.85% | 8.53% | 3.28% | -1.62% | -5.18% | -7.89% | -6.20% | -2.53% | -3.42% | -3.63% | 1.23% | -0.46% | 0.16% | 0.15% | -3.52% | -2.27% | 0.47% | 5.59% | 7.49% | -9.68% | |||||
| Operating Margin | 6.22% | 6.74% | 1.68% | -3.76% | -7.14% | -9.70% | -8.17% | -4.73% | -6.19% | -5.87% | -0.94% | -3.00% | -2.45% | -2.39% | -6.01% | -4.66% | -0.97% | 3.51% | 5.53% | -11.54% | |||||
| Net Margin | 2.10% | 4.40% | 0.63% | -1.78% | -7.82% | -7.98% | -6.30% | -4.22% | -6.78% | -6.01% | -2.03% | -3.20% | -1.13% | -2.78% | -6.46% | -5.12% | -2.26% | 3.25% | 4.90% | -11.90% | |||||
| FCF Margin | 3.51% | 10.12% | 1.36% | -9.01% | -8.59% | 3.19% | -25.13% | 14.13% | 5.16% | -19.48% | -5.76% | 1.58% | -0.72% | -4.74% | 2.59% | 9.96% | 4.15% | -0.06% | 7.93% | 5.77% | |||||
| Efficiency | |||||||||||||||||||||||||
| Assets AverageAssets Avg. | 531.57M | 537.31M | 550.44M | 558.10M | 556.89M | 570.29M | 565.55M | 557.76M | 568.38M | 556.48M | 539.93M | 530.81M | 537.51M | 537.69M | 526.25M | 530.72M | 531.75M | 518.54M | 518.86M | 537.44M | |||||
| Invested CapitalInvested Cap. | 3.79M | 3.79M | 3.79M | 3.79M | 3.79M | 3.79M | 3.79M | 18.33M | 17.84M | 16.66M | 15.84M | 14.36M | 17.34M | 16.22M | 14.21M | 14.19M | 12.77M | 11.37M | 10.41M | 10.60M | |||||
| Asset Utilization RatioAsset Util. | 1.20 | 1.23 | 1.23 | 1.25 | 1.25 | 1.22 | 1.22 | 1.23 | 1.21 | 1.26 | 1.33 | 1.40 | 1.42 | 1.46 | 1.53 | 1.57 | 1.61 | 1.71 | 1.76 | 1.77 | |||||
| Leverage & Solvency | |||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -38.93 | 21.32 | 4.38 | -9.41 | -20.72 | -27.53 | -61.35 | -20.17 | -16.21 | -0.95 | -5.67 | ||||||||||||||
| Debt Ratio | 0.14 | 0.14 | 0.13 | 0.13 | 0.13 | 0.12 | 0.13 | 0.12 | 0.12 | 0.12 | 0.13 | 0.13 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.12 | 0.11 | 0.11 | |||||
| Times Interest Earned | -38.93 | 21.32 | 4.38 | -9.41 | -20.72 | -27.53 | -61.35 | -20.17 | -16.21 | -0.95 | -5.67 | ||||||||||||||
| Dividends & Payouts | |||||||||||||||||||||||||
| FCF Payout RatioFCF Cover | |||||||||||||||||||||||||
| Payout Ratio | |||||||||||||||||||||||||
| Valuation | |||||||||||||||||||||||||
| Price to EarningsP/E | 801.96 | 117.55 | 612.64 | -275.51 | -43.93 | -58.32 | -92.31 | -148.74 | -84.81 | -74.25 | -213.01 | -97.64 | -300.33 | -142.42 | -39.43 | -36.07 | -99.78 | 91.29 | 59.91 | -36.31 | |||||
| Price to SalesP/S | 16.83 | 5.18 | 3.86 | 4.91 | 3.43 | 4.66 | 5.81 | 6.27 | 5.75 | 4.46 | 4.32 | 3.13 | 3.39 | 3.96 | 2.55 | 1.85 | 2.26 | 2.97 | 2.94 | 4.32 | |||||
| Price to BookP/B | 8.47 | 2.56 | 1.94 | 2.49 | 1.75 | 2.44 | 3.06 | 3.47 | 3.37 | 2.78 | 2.80 | 2.11 | 2.43 | 3.02 | 2.08 | 1.64 | 2.10 | 2.80 | 2.70 | 4.68 | |||||
| Enterprise Value | 2,701.14M | 694.43M | 477.88M | 686.56M | 424.47M | 623.65M | 842.75M | 928.02M | 856.54M | 690.86M | 728.46M | 516.04M | 594.56M | 749.21M | 466.68M | 322.90M | 418.88M | 616.64M | 605.92M | 975.93M | |||||
| EV to EBIT | 253.20 | 59.56 | 161.83 | -102.89 | -34.38 | -37.56 | -61.60 | -113.60 | -78.28 | -64.46 | -408.10 | -89.08 | -121.76 | -153.03 | -37.17 | -31.79 | -194.83 | 74.39 | 45.69 | -33.56 | |||||
| EV to EBITDA | 200.56 | 47.05 | 83.07 | -238.97 | -47.44 | -46.19 | -81.19 | -212.41 | -141.77 | -104.39 | 314.67 | -577.88 | 0.00M | 0.00M | -63.44 | -65.13 | 398.93 | 46.75 | 33.73 | -40.03 | |||||
| Market Capitalization | 2,887.86M | 895.76M | 677.58M | 870.07M | 593.63M | 797.15M | 973.58M | 1,082.11M | 1,017.30M | 813.95M | 815.40M | 603.79M | 675.14M | 813.23M | 531.92M | 402.53M | 499.77M | 700.12M | 704.28M | 1,088.40M | |||||
| Price to FCFP/FCF | 479.55 | 51.14 | 284.82 | -54.45 | -39.96 | 145.97 | -23.13 | 44.39 | 111.47 | -22.89 | -74.94 | 197.57 | -471.46 | -83.70 | 98.32 | 18.53 | 54.44 | -0.00M | 37.07 | 74.87 | |||||
| EV to FCF | 448.55 | 39.64 | 200.88 | -42.97 | -28.58 | 114.20 | -20.03 | 38.07 | 93.86 | -19.43 | -66.95 | 168.86 | -415.19 | -77.11 | 86.26 | 14.86 | 45.63 | -0.00M | 31.89 | 67.13 | |||||
| EV to CFO | 284.93 | 33.78 | 43.37 | -91.32 | 130.89 | 47.51 | -24.00 | 31.92 | 65.13 | -20.94 | -78.38 | 147.10 | 317.44 | -99.68 | 69.11 | 13.11 | 46.54 | 157.14 | 28.37 | 53.80 | |||||
| Return Ratios | |||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||
| Return on Capital Employed [ROCE]ROCE | -2.72% | 8.22% | 4.32% | 4.01% | -0.98% | -7.44% | -10.73% | -12.09% | -11.76% | -10.42% | -7.59% | -7.15% | -5.81% | -4.27% | -7.38% | -10.64% | -8.11% | -4.36% | 2.47% | -2.83% | |||||
| Return on Invested Capital [ROIC]ROIC | -0.03% | 0.02% | 0.00% | 0.01% | 0.00% | -0.02% | -0.03% | -0.02% | -0.01% | -0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -0.01% | -0.01% | 0.00% | 0.00% | 0.00% | |||||
| Return on Assets [ROA]ROA | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |