Oscar Health reported a gross margin of 22.25% and a net margin of 7.41% for the quarter ended Jun 2026. These financial ratios cover 26 quarters of results from Mar 2020 through Jun 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 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||
| Gross Margin | -2.16% | 2.74% | 24.49% | 20.51% | 12.85% | 11.08% | 25.73% | 22.32% | 19.22% | 15.82% | 27.43% | 23.01% | 17.31% | 13.68% | 25.82% | 10.86% | 13.38% | 6.60% | 30.50% | 22.25% | ||||||
| EBT Margin | -47.77% | -39.88% | -7.79% | -10.99% | -19.95% | -22.84% | -2.56% | -0.94% | -4.50% | -10.52% | 8.33% | 2.75% | -2.16% | -6.42% | 9.46% | -8.15% | -4.66% | -12.57% | 15.04% | 7.85% | ||||||
| EBIT Margin | -47.68% | -39.56% | -7.04% | -10.47% | -19.66% | -22.36% | 2.45% | 2.73% | -4.04% | -24.83% | 8.66% | 3.06% | 2.08% | -0.81% | 9.75% | -8.05% | -4.33% | -19.60% | 15.15% | 7.96% | ||||||
| EBITDA Margin | -47.68% | -39.56% | -7.04% | -10.47% | -19.66% | -22.36% | 2.45% | 2.73% | -4.04% | -24.83% | 8.66% | 3.06% | 2.08% | -0.81% | 9.75% | -8.05% | -4.33% | -19.60% | 15.15% | 7.96% | ||||||
| Operating Margin | -47.68% | -39.56% | -7.04% | -10.47% | -19.66% | -22.36% | 2.45% | 2.73% | -4.04% | -24.83% | 8.66% | 3.06% | 2.08% | -0.81% | 9.75% | -8.05% | -4.33% | -19.60% | 15.15% | 7.96% | ||||||
| Net Margin | -47.63% | -39.86% | -7.95% | -11.02% | -19.78% | -22.77% | -2.70% | -1.01% | -4.56% | -10.47% | 8.28% | 2.54% | -2.24% | -6.41% | 9.04% | -7.98% | -4.60% | -12.56% | 14.61% | 7.41% | ||||||
| FCF Margin | -134.11% | 5.50% | 57.22% | 20.49% | -57.03% | 14.50% | 27.72% | 10.51% | -80.26% | 20.31% | 29.33% | 22.06% | -20.95% | 14.21% | 28.54% | 17.45% | -32.61% | 23.63% | 56.17% | 42.63% | ||||||
| Efficiency | ||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 3.44B | 3.25B | 3.84B | 4.55B | 4.53B | 4.42B | 4.50B | 4.52B | 3.96B | 3.48B | 4.01B | 4.71B | 4.74B | 4.66B | 5.34B | 6.11B | 6.07B | 6.04B | 7.81B | 10.26B | ||||||
| Invested CapitalInvested Cap. | 1.55B | 1.39B | 1.63B | 1.55B | 1.38B | 1.19B | 1.23B | 1.25B | 1.22B | 1.10B | 1.33B | 1.44B | 1.46B | 1.32B | 1.64B | 1.46B | 1.71B | 1.41B | 2.10B | 2.49B | ||||||
| Asset Utilization RatioAsset Util. | 0.44 | 0.57 | 0.64 | 0.64 | 0.76 | 0.90 | 0.99 | 1.10 | 1.37 | 1.69 | 1.63 | 1.53 | 1.73 | 1.97 | 1.89 | 1.75 | 1.86 | 1.94 | 1.70 | 1.49 | ||||||
| Leverage & Solvency | ||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -531.86 | -494.34 | -16.24 | -17.34 | -31.40 | -36.26 | 5.88 | 6.78 | -9.50 | -57.19 | 31.44 | 11.32 | 8.65 | -3.20 | 49.57 | -39.42 | -18.85 | 501.08 | 130.80 | 82.53 | ||||||
| Debt Ratio | 0.07 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.09 | 0.08 | 0.07 | 0.06 | 0.07 | 0.06 | 0.05 | 0.05 | 0.12 | 0.07 | 0.05 | 0.04 | ||||||||
| Times Interest Earned | -531.86 | -494.34 | -16.24 | -17.34 | -31.40 | -36.26 | 5.88 | 6.78 | -9.50 | -57.19 | 31.44 | 11.32 | 8.65 | -3.20 | 49.57 | -39.42 | -18.85 | 501.08 | 130.80 | 82.53 | ||||||
| Valuation | ||||||||||||||||||||||||||
| Price to EarningsP/E | -17.20 | -8.35 | -22.67 | -6.71 | -4.63 | -1.97 | -30.24 | -97.60 | -16.17 | -11.84 | 16.80 | 57.92 | -82.56 | -18.85 | 10.37 | -20.92 | -31.09 | -10.68 | 4.45 | 21.55 | ||||||
| Price to SalesP/S | 8.19 | 3.33 | 1.80 | 0.74 | 0.92 | 0.45 | 0.82 | 0.99 | 0.74 | 1.24 | 1.39 | 1.47 | 1.85 | 1.21 | 0.94 | 1.67 | 1.43 | 1.34 | 0.65 | 1.60 | ||||||
| Price to BookP/B | 2.34 | 1.19 | 1.31 | 0.60 | 0.83 | 0.50 | 1.29 | 1.58 | 1.15 | 2.20 | 2.88 | 2.86 | 3.85 | 2.84 | 2.14 | 4.12 | 4.16 | 3.84 | 1.81 | 3.79 | ||||||
| Enterprise Value | 1.97B | -0.03B | -1.12B | -2.52B | -1.93B | -2.51B | -2.23B | -2.07B | -1.38B | -0.78B | 0.14B | 0.63B | 2.78B | 0.74B | -0.13B | 1.25B | 1.24B | -0.22B | -3.77B | -0.75B | ||||||
| EV to EBIT | -9.32 | 0.18 | 16.38 | 23.63 | 10.04 | 11.27 | -61.95 | -49.90 | 23.69 | 2.21 | 0.74 | 9.32 | 55.30 | -38.43 | -0.43 | -5.40 | -9.60 | 0.41 | -5.36 | -1.94 | ||||||
| EV to EBITDA | -9.32 | 0.18 | 16.38 | 23.63 | 10.04 | 11.27 | -61.95 | -49.90 | 23.69 | 2.21 | 0.74 | 9.32 | 55.30 | -38.43 | -0.43 | -5.40 | -9.60 | 0.41 | -5.36 | -1.94 | ||||||
| Market Capitalization | 3.64B | 1.65B | 1.75B | 0.75B | 0.90B | 0.45B | 1.20B | 1.51B | 1.06B | 1.77B | 2.98B | 3.26B | 4.49B | 2.89B | 2.86B | 4.78B | 4.27B | 3.76B | 3.02B | 7.80B | ||||||
| Price to FCFP/FCF | -6.11 | 60.54 | 3.15 | 3.61 | -1.61 | 3.09 | 2.94 | 9.42 | -0.92 | 6.10 | 4.74 | 6.66 | -8.84 | 8.50 | 3.29 | 9.56 | -4.39 | 5.68 | 1.16 | 3.75 | ||||||
| EV to FCF | -3.32 | -1.27 | -2.02 | -12.07 | 3.46 | -17.39 | -5.48 | -12.94 | 1.19 | -2.70 | 0.22 | 1.29 | -5.48 | 2.18 | -0.15 | 2.49 | -1.27 | -0.34 | -1.45 | -0.36 | ||||||
| EV to CFO | -3.35 | -1.01 | -1.99 | -11.73 | 3.52 | -16.57 | -5.39 | -12.51 | 1.20 | -2.64 | 0.22 | 1.27 | -5.56 | 2.13 | -0.14 | 2.45 | -1.29 | -0.33 | -1.44 | -0.36 | ||||||
| Return Ratios | ||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -47.68% | -39.56% | -7.04% | -10.47% | -19.66% | -22.36% | 2.45% | 2.73% | -4.04% | -24.83% | 8.66% | 3.06% | 2.08% | -0.81% | 9.75% | -8.05% | -4.33% | -19.60% | 15.15% | 7.96% | ||||||
| Return on Capital Employed [ROCE]ROCE | -29.37% | -39.07% | -45.93% | -41.04% | -33.60% | -51.13% | -36.68% | -26.36% | -10.71% | -32.13% | -18.85% | -13.25% | -2.90% | 23.73% | 33.18% | 7.83% | -3.92% | -52.20% | -30.78% | 26.38% | ||||||
| Return on Invested Capital [ROIC]ROIC | -32.61% | -37.03% | -36.39% | -36.75% | -38.50% | -45.82% | -40.10% | -27.25% | -16.61% | -29.28% | -16.00% | -8.80% | -2.89% | 15.99% | 23.27% | 6.70% | -5.28% | -39.70% | -17.24% | 16.86% | ||||||
| Return on Assets [ROA]ROA | -16.39% | -17.61% | -14.59% | -13.16% | -12.82% | -13.80% | -12.69% | -10.50% | -8.78% | -7.79% | -1.33% | 0.39% | 0.62% | 0.56% | 2.32% | -2.63% | -4.02% | -7.34% | -0.50% | 5.37% |