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Evolent Health (EVH)

Evolent Health delivers proven clinical and administrative solutions that improve whole-person health while making health care simpler and more affordable. Its solutions encompass total cost of care management, specialty care management, and administrative simplification. Evolent serves a national base of leading payers and providers, is the first company to receive the National Committee for Quality Assurance's Population Health Program Accreditation, and is consistently recognized as a top place to work in health care nationally.

Company profile

Ticker
EVH
Exchange
CEO
Frank Williams
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
Evolent Health LLC • NCIS Holdings, Inc. • NCH Management Systems, Inc. • Evolent Assurance Solutions, LLC • EH Holding Company, Inc. • Justify Holdings, Inc. • Evolent Health International Private Ltd. • Evolent Care Partners Holding Company, Inc. • Evolent Care Partners of Texas, Inc. • The Accountable Care Organization Ltd. ...

EVH stock data

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

3 Aug 22
1 Oct 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Mar 21 Dec 20 Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 280.43M 280.43M 280.43M 280.43M 280.43M 280.43M
Cash burn (monthly) (no burn) (no burn) 1.54M 2.82M (no burn) (no burn)
Cash used (since last report) n/a n/a 4.71M 8.59M n/a n/a
Cash remaining n/a n/a 275.72M 271.84M n/a n/a
Runway (months of cash) n/a n/a 178.5 96.5 n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
31 Aug 22 Scott Cheryl Class A Common Stock Sell Dispose S No No 36.76 3,100 113.96K 51,104
24 Aug 22 Frank J Williams Class A Common Stock Sell Dispose S No No 37.21 50,000 1.86M 752,434
24 Aug 22 Frank J Williams Class A Common Stock Option exercise Acquire M No No 13.95 50,000 697.5K 802,434
24 Aug 22 Frank J Williams Class A Common Stock Option Class A Common Stock Option exercise Dispose M No No 13.95 50,000 697.5K 177,273
23 Aug 22 Frank J Williams Class A Common Stock Sell Dispose S No No 35.75 150,000 5.36M 752,434
23 Aug 22 Frank J Williams Class A Common Stock Option exercise Acquire M No No 3.84 150,000 576K 902,434
23 Aug 22 Frank J Williams Class A Common Stock Option Class A Common Stock Option exercise Dispose M No No 3.84 150,000 576K 449,060
17 Aug 22 John Paul Johnson Class A Common Stock Sell Dispose S No No 34.11 18,434 628.78K 168,329
16 Aug 22 Duffy Mary Bridget Class A Common Stock Sell Dispose S No No 33.13 7,500 248.48K 50,450
2.5% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 214 219 -2.3%
Opened positions 31 216 -85.6%
Closed positions 36 0 NEW
Increased positions 77 1 +7600.0%
Reduced positions 76 1 +7500.0%
13F shares Current Prev Q Change
Total value 2.97B 3.01B -1.2%
Total shares 96.83M 93.63M +3.4%
Total puts 94.6K 195.6K -51.6%
Total calls 128.5K 265.3K -51.6%
Total put/call ratio 0.7 0.7 -0.1%
Largest owners Shares Value Change
Engaged Capital I 7.89M $239.72M 0.0%
Vanguard 7.86M $241.46M +2.7%
BLK Blackrock 6.35M $194.92M +2.7%
Engaged Capital 6.15M $189.02M -13.9%
JPM JPMorgan Chase & Co. 6.1M $187.31M -0.6%
FMR 4.51M $138.49M +31.3%
Granahan Investment Management 3.18M $97.71M -29.7%
CS Credit Suisse 2.75M $84.47M -4.2%
Rock Springs Capital Management 2.74M $84.08M +15.0%
Dimensional Fund Advisors 2.68M $82.29M -16.2%
Largest transactions Shares Bought/sold Change
Granahan Investment Management 3.18M -1.35M -29.7%
FMR 4.51M +1.08M +31.3%
Engaged Capital 6.15M -991.57K -13.9%
Camber Capital Management 1M +814.6K +439.4%
Point72 Asset Management 678.7K -737.74K -52.1%
MCQEF Macquarie 1.18M +702.9K +145.9%
Wellington Management 652.52K +652.52K NEW
IVZ Invesco 1.29M +644.96K +99.4%
Citadel Advisors 1.69M +633.97K +59.8%
BLVGF Bellevue 2.02M -593.74K -22.7%

Financial report summary

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Management Discussion
  • Evolent Health, Inc. is a holding company and its principal asset is all of the Class A common units in Evolent Health LLC, which has owned all of our operating assets and substantially all of our business since inception. The financial results of Evolent Health LLC are consolidated in the financial statements of Evolent Health, Inc.
  • We derive revenue primarily from platform and operations services.
  • Platform and operations services are typically multi-year arrangements with customers to provide various clinical and administrative solutions. In our Clinical Solutions segment, our solutions are designed to lower the medical expenses of our partners and include our total cost of care and specialty care management services. In our Evolent Health Services segment, our solutions are designed to provide comprehensive health plan operations and claims processing services, and also include transition or run-out services to customers receiving primarily TPA services.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: ACF, broader, captioned, chain, challenging, cured, desirable, draft, Endzone, failure, Finco, foreclose, geopolitical, Iceman, Implantable, inflationary, instability, interfere, IPG, Junior, lesser, LP, merge, merged, outflow, proposed, refinance, repay, revert, revolver, revolving, skilled, SOFR, stipulation, supply, unopposed, wage
Removed: closed, decision, denied, denominator, discovery, EV, false, misleading, reclassified, statutory, Thunder, variance