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Clover Health Investments Corp is a healthcare technology company. It focuses on empowering Medicare physicians to proactively manage chronic diseases through its proprietary software platform, Clover Assistant. This cloud-based solution provides personalized insights to physicians, enabling early detection and management of chronic conditions. Operating in two segments, Insurance and Non-Insurance, Clover Health offers PPO and HMO plans to Medicare Advantage members in multiple states through its Insurance segment. In the Non-Insurance segment, the company participates in the ACO REACH Model. The majority of revenue is generated from the insurance segment, reflecting the significance of its healthcare insurance offerings.
2019
552
LTM Revenue $1.4B
LTM EBITDA $56.4M
$1.9B
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Clover Health has a last 12-month revenue of $1.4B and a last 12-month EBITDA of $56.4M.
In the most recent fiscal year, Clover Health achieved revenue of $2.0B and an EBITDA of -$211M.
Clover Health expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Clover Health valuation multiples based on analyst estimates| FY 2022 | FY 2023 | FY 2024 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $3.5B | $2.0B | $1.4B | $1.4B | XXX |
| Gross Profit | -$79.2M | $22.7M | $257M | XXX | XXX |
| Gross Margin | -2% | 1% | 19% | XXX | XXX |
| EBITDA | -$336M | -$211M | $57.3M | $56.4M | XXX |
| EBITDA Margin | -10% | -10% | 4% | 4% | XXX |
| Net Profit | -$588M | -$339M | -$213M | XXX | XXX |
| Net Margin | -17% | -17% | -15% | XXX | XXX |
| Net Debt | n/a | n/a | n/a | XXX | XXX |
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As of February 21, 2025, Clover Health's stock price is $4.
Clover Health has current market cap of $2.2B, and EV of $1.9B.
See Clover Health trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1.9B | $2.2B | XXX | XXX | XXX | XXX | $-0.12 |
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Sign UpAs of February 21, 2025, Clover Health has market cap of $2.2B and EV of $1.9B.
Clover Health's trades at 1.3x LTM EV/Revenue multiple, and 33.3x LTM EBITDA.
Analysts estimate Clover Health's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Clover Health and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $1.9B | XXX | XXX | XXX |
| EV/Revenue | 1.4x | XXX | XXX | XXX |
| EV/EBITDA | 32.7x | XXX | XXX | XXX |
| P/E | -38.7x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | 23.9x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpClover Health's NTM/LTM revenue growth is 16%
Clover Health's revenue per employee for the last fiscal year averaged $3.7M, while opex per employee averaged $0.8M for the same period.
Over next 12 months, Clover Health's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Clover Health's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Clover Health and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | -32% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 4% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -127% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 20% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $3.7M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.8M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 22% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 22% | XXX | XXX | XXX | XXX |
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| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Genesis Fertility Center | XXX | XXX | XXX | XXX | XXX | XXX |
| Dc Healthcare Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Health Italia | XXX | XXX | XXX | XXX | XXX | XXX |
| Alignment Healthcare | XXX | XXX | XXX | XXX | XXX | XXX |
| Molina Healthcare | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Clover Health acquired XXX companies to date.
Last acquisition by Clover Health was XXXXXXXX, XXXXX XXXXX XXXXXX . Clover Health acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Clover Health founded? | Clover Health was founded in 2019. |
| Where is Clover Health headquartered? | Clover Health is headquartered in United States of America. |
| How many employees does Clover Health have? | As of today, Clover Health has 552 employees. |
| Who is the CEO of Clover Health? | Clover Health's CEO is Mr. Andrew Toy. |
| Is Clover Health publicy listed? | Yes, Clover Health is a public company listed on NAS. |
| What is the stock symbol of Clover Health? | Clover Health trades under CLOV ticker. |
| When did Clover Health go public? | Clover Health went public in 2021. |
| Who are competitors of Clover Health? | Similar companies to Clover Health include e.g. Genesis Fertility Center, Dc Healthcare Holdings, Health Italia, Alignment Healthcare. |
| What is the current market cap of Clover Health? | Clover Health's current market cap is $2.2B |
| What is the current revenue of Clover Health? | Clover Health's last 12-month revenue is $1.4B. |
| What is the current EBITDA of Clover Health? | Clover Health's last 12-month EBITDA is $56.4M. |
| What is the current EV/Revenue multiple of Clover Health? | Current revenue multiple of Clover Health is 1.3x. |
| What is the current EV/EBITDA multiple of Clover Health? | Current EBITDA multiple of Clover Health is 33.3x. |
| What is the current revenue growth of Clover Health? | Clover Health revenue growth between 2023 and 2024 was -32%. |
| Is Clover Health profitable? | Yes, Clover Health is EBITDA-positive (as of the last 12 months). |
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