Evolent Health is a population health management services organization that integrates technology, tools and on-the-ground resources to support health systems in executing on their population health and care transformation objectives. The Company provides customers with a population management platform, integrated data and analytics capabilities, pharmacy benefit management services and comprehensive health plan administration services.
Type
Public
HQ
Arlington, US
Founded
2011
Size (employees)
2,400 (est)
Evolent Health was founded in 2011 and is headquartered in Arlington, US
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Key People/Management at Evolent Health

Frank Williams

Frank Williams

Chief Executive Officer & Co-Founder
Nicky McGrane

Nicky McGrane

Chief Financial Officer
Chad Pomeroy

Chad Pomeroy

Chief Technology Officer
Tom Peterson

Tom Peterson

Chief Operating Officer & Co-Founder
Seth Blackley

Seth Blackley

President & Co-Founder
Jonathan Weinberg

Jonathan Weinberg

General Counsel
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Evolent Health Office Locations

Evolent Health has offices in Corpus Christi, Austin, Chicago, Raleigh and in 17 other locations
Arlington, US (HQ)
500, 800 N Glebe Rd
Austin, US
9601 Amberglen Blvd Suite 225
Bedford, US
2208 Hwy 121
Chicago, US
1500, 540 W Madison St
Chicago, US
300 S Riverside Plaza
Corpus Christi, US
615 N Upper Broadway Suite 1800
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Evolent Health Financials and Metrics

Evolent Health Financials

Evolent Health's revenue was reported to be $254.19 m in FY, 2016 which is a 162.4% increase from the previous period.
USD

Revenue (Q2, 2017)

107.1 m

Gross profit (Q2, 2017)

39.1 m

Gross profit margin (Q2, 2017), %

36.5%

Net income (Q2, 2017)

(16.9 m)

EBIT (Q2, 2017)

(19.1 m)

Market capitalization (23-Apr-2018)

1.1 b

Cash (30-Jun-2017)

100 m

EV

1.1 b
Evolent Health's current market capitalization is $1.1 b.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

96.9 m254.2 m

Revenue growth, %

162%

Cost of goods sold

57.4 m155.2 m

Gross profit

39.5 m99 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

10.4 m40.4 m49.4 m56.5 m60.2 m106.2 m107.1 m

Cost of goods sold

7.9 m24.8 m28.6 m32.8 m33.9 m67.5 m68 m

Gross profit

2.5 m15.6 m20.9 m23.7 m26.3 m38.7 m39.1 m

Gross profit Margin, %

24%39%42%42%44%36%36%
Annual
USDFY, 2014FY, 2015FY, 2016

Cash

145.7 m134.6 m

Accounts Receivable

20.4 m40.6 m

Prepaid Expenses

4.2 m11 m

Current Assets

1.1 k184.5 m265 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

219.4 m208.2 m111.3 m105.1 m109.8 m104.3 m100 m

Accounts Receivable

24 m30.5 m25.2 m30.3 m22 m44.6 m45.8 m

Prepaid Expenses

3.2 m3.5 m4.2 m5.3 m5 m11.7 m12.6 m

Current Assets

251.6 m246.2 m167.6 m170.6 m191.4 m217.5 m192.6 m
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

(25.2 m)319.8 m(226.8 m)

Depreciation and Amortization

7.2 m17.2 m

Accounts Payable

2.8 m(6.4 m)

Cash From Operating Activities

145.7 m(35.5 m)
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(11.3 m)345.2 m328.1 m(173.9 m)(186.3 m)(201.6 m)(23.1 m)(42.8 m)

Depreciation and Amortization

984 k4 m3.4 m7 m10.7 m6.6 m13.5 m

Accounts Payable

(1.1 m)1.1 m(2.9 m)(3 m)(3.7 m)4.2 m(2.5 m)

Cash From Operating Activities

(5.8 m)(12.2 m)(20.8 m)(21.9 m)(14 m)(34.8 m)(44.7 m)
USDY, 2017

EV/EBIT

-57.1 x

EV/CFO

-24.4 x

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.3 x
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Evolent Health Operating Metrics

FY, 2015Q1, 2016Q2, 2016FY, 2016Q1, 2017Q2, 2017

Lives on the Platform

718 k1.25 m1.40 m2 m2.80 m2.80 m

Locations

30 30

Partners

11 25 25 25
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Evolent Health Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Evolent Health LLC
Evolent Assurance Solutions
Aldera Holdings
Valence Health
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