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Evolent Health Inc is engaged in healthcare delivery and payment. The company supports health systems and physician organizations in their migration toward value-based care and population health management. It provides specialty care management services in oncology, cardiology, musculoskeletal markets and holistic total cost of care management along with an integrated platform for health plan administration and value-based business infrastructure under one go to market package. The primary solutions provided by the company include specialty care management services, total cost of care management, and administrative services.
2014
4.5K+
LTM Revenue $2.4B
LTM EBITDA $157M
$1.8B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Evolent Health has a last 12-month revenue of $2.4B and a last 12-month EBITDA of $157M.
In the most recent fiscal year, Evolent Health achieved revenue of $2.6B and an EBITDA of $80.1M.
Evolent Health expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Evolent Health valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.6B | XXX | XXX | XXX |
| Gross Profit | $317M | $460M | XXX | XXX | XXX |
| Gross Margin | 16% | 18% | XXX | XXX | XXX |
| EBITDA | -$24.8M | $80.1M | XXX | XXX | XXX |
| EBITDA Margin | -1% | 3% | XXX | XXX | XXX |
| Net Profit | -$19.2M | -$113M | XXX | XXX | XXX |
| Net Margin | -1% | -4% | XXX | XXX | XXX |
| Net Debt | $225M | $404M | XXX | XXX | XXX |
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As of April 15, 2025, Evolent Health's stock price is $10.
Evolent Health has current market cap of $1.1B, and EV of $1.8B.
See Evolent Health trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1.8B | $1.1B | XXX | XXX | XXX | XXX | $0.42 |
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Sign UpAs of April 15, 2025, Evolent Health has market cap of $1.1B and EV of $1.8B.
Evolent Health's trades at 0.7x LTM EV/Revenue multiple, and 11.1x LTM EBITDA.
Analysts estimate Evolent Health's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Evolent Health and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $1.8B | XXX | XXX | XXX |
| EV/Revenue | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | 21.9x | XXX | XXX | XXX |
| P/E | -18.5x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -285.7x | 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 UpEvolent Health's NTM/LTM revenue growth is -10%
Evolent Health's revenue per employee for the last fiscal year averaged $0.6M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Evolent 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 Evolent Health's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Evolent Health and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 30% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 3% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -423% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | -7% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.6M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 15% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Star Health Insurance | XXX | XXX | XXX | XXX | XXX | XXX |
| Hapvida | XXX | XXX | XXX | XXX | XXX | XXX |
| Qualicorp | XXX | XXX | XXX | XXX | XXX | XXX |
| Accolade | XXX | XXX | XXX | XXX | XXX | XXX |
| AIX Inc. | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Evolent Health acquired XXX companies to date.
Last acquisition by Evolent Health was XXXXXXXX, XXXXX XXXXX XXXXXX . Evolent 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 Evolent Health founded? | Evolent Health was founded in 2014. |
| Where is Evolent Health headquartered? | Evolent Health is headquartered in United States of America. |
| How many employees does Evolent Health have? | As of today, Evolent Health has 4.5K+ employees. |
| Who is the CEO of Evolent Health? | Evolent Health's CEO is Mr. Seth Blackley. |
| Is Evolent Health publicy listed? | Yes, Evolent Health is a public company listed on NYS. |
| What is the stock symbol of Evolent Health? | Evolent Health trades under EVH ticker. |
| When did Evolent Health go public? | Evolent Health went public in 2015. |
| Who are competitors of Evolent Health? | Similar companies to Evolent Health include e.g. Star Health Insurance, Hapvida, Qualicorp, Accolade. |
| What is the current market cap of Evolent Health? | Evolent Health's current market cap is $1.1B |
| What is the current revenue of Evolent Health? | Evolent Health's last 12-month revenue is $2.4B. |
| What is the current EBITDA of Evolent Health? | Evolent Health's last 12-month EBITDA is $157M. |
| What is the current EV/Revenue multiple of Evolent Health? | Current revenue multiple of Evolent Health is 0.7x. |
| What is the current EV/EBITDA multiple of Evolent Health? | Current EBITDA multiple of Evolent Health is 11.1x. |
| What is the current revenue growth of Evolent Health? | Evolent Health revenue growth between 2023 and 2024 was 30%. |
| Is Evolent Health profitable? | Yes, Evolent Health is EBITDA-positive (as of the last 12 months). |
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