EVOLENT HEALTH INC CLASS A (EVH)
Health Care · Specialty Care Management and Value-Based Healthcare Solutions · NYSE
Evolent Health connects specialty care for complex chronic conditions through evidence-based clinical pathways and provider networks aligned with payers to improve outcomes and reduce costs.
What EVOLENT HEALTH INC CLASS A does
Evolent Health is a market leader in specialty care management for people with complex chronic conditions including cancer, cardiovascular disease, and musculoskeletal disorders. The company works with health plans and risk-bearing payers to connect and coordinate evidence-based care across multiple specialties, using proprietary technology and high-performance provider networks to improve patient outcomes and reduce healthcare costs. The company's primary revenue comes from its Specialty Care Management Services solution, which combines provider networks, clinical pathways, and technology to align financial incentives with quality care.
Themes: ["Specialty care management","Value-based care and risk-bearing arrangements","Oncology care coordination","Cardiology care coordination","Musculoskeletal condition management","Evidence-based clinical pathways","Healthcare cost containment","Physician alignment and incentives"]
Fundamentals
- Price$5.63 as of 2026-07-09 close
- Market cap$619M as of 2026-07-10
- 1-year return-50.1% as of 2026-07-09 close
- Net margin-26.3% as of 2026-07-10
- Gross margin+20.2% as of 2026-07-10
- ROE-71.5% as of 2026-07-10
- Debt / equity2.46 as of 2026-07-10
- Revenue growth (YoY)-21.3% as of 2026-07-10
- Revenue CAGR (3y)+11.5% SEC XBRL
- Beta0.71 as of 2026-07-10
Key risks (from latest filing)
["Membership declines from Medicaid and ACA Health Exchanges due to regulatory changes, including impacts from the One Big Beautiful Bill Act (2025), could significantly reduce customer base and revenue.","Medical claims cost growth in performance-based contracts continues to exceed historical norms and revenue growth, eroding margins and profitability; company has limited ability to predict future cost trends.","Concentration risk with largest customers (Molina 24%, Aetna 20.7%, Cook County 15.4%) creates vulnerability to customer loss or pricing pressure."]
Competitors & peers
- Centene Corporation
- Molina Healthcare, Inc.
- Aetna (CVS Health)
- UnitedHealth Group
- Humana Inc.
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.