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Evolent Health, Inc. (EVH)

NYSE Small Cap

Industrials › Services-Management Services

$2.83
Market Cap: $316M
Data as of Dec 31, 2025 (TTM)

Price History

Feb 9, 2026 — Apr 4, 2026

Investment Snapshot

  • P/B of 0.76 — trading below book value
  • Piotroski F-Score 4/9 — moderate financial health
  • Loss-making — negative ROE of -128.7%
  • Revenue declining 27% annually

Evolent Health, Inc. (EVH) is a Industrials company operating in Services-Management Services, listed on the NYSE , with a market capitalisation of $316 million . Key value metrics: P/B ratio 0.76, Piotroski F-Score 4 out of 9 (moderate financial health) .

Value Score

Key Metrics

P/E Ratio
0.76
EPS
$-4.79
Div. Yield
PEG Ratio
P/S Ratio
EV/EBITDA
ROE
ROA
Gross Margin
Op. Margin
Net Margin
Debt/Equity
Current Ratio

Current vs 5-Year Average

Based on 5 years of SEC filings
Net Margin
↑ +2.1pp avg —
Gross Margin
↑ +2.1pp avg —
Operating Margin
↑ +2.1pp avg —
Return on Equity
↑ +2.1pp avg —
Debt / Equity
↑ +2.1pp avg —

Revenue & Net Income

EPS & Free Cash Flow Per Share

Financial Statements

Metric FY22 FY23 FY24
Revenue $X.XB $X.XB $X.XB
Gross Profit $X.XB $X.XB $X.XB
Operating Income $X.XB $X.XB $X.XB
Net Income $X.XB $X.XB $X.XB
EBITDA $X.XB $X.XB $X.XB
Total Assets $X.XB $X.XB $X.XB
Total Liabilities $X.XB $X.XB $X.XB
Data sourced from SEC EDGAR and Polygon.io. Methodology. View more Industrials stocks →

Evolent Health, Inc. — Fundamental Analysis Summary

On financial health, EVH shows a moderate Piotroski F-Score of 4/9, and negative return on equity of -128.7% (sector average: 5.5%), and high leverage with a debt-to-equity ratio of 2.34.

StockPik's composite Value Score for EVH is 48/100 — reflecting current market or financial concerns. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

EVH reports a thin gross margin of 12.3% (sector average: 24.7%) and a negative operating margin of -1.0%.

EVH shows revenue declining at 27% year-over-year, with earnings declining at 767%.

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How is the Value Score calculated?
Read our full methodology →
What is the Piotroski F-Score?
The 9-point financial health score explained, with worked examples →
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