Oscar Health, Inc.

OSCR Healthcare Healthcare Plans

Oscar Health, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.7 billion, up 27.5% from fiscal 2024. In the quarter to June 2026, revenue grew 70.4%, EPS grew 234.8%, free cash flow grew 316.3% and total debt rose 43.9%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.

33.79 0.22 −0.65%
Market cap
$10.4B
P/E
19.8×
Fwd P/E
29.7×
Dividend yield
—
F-score
3/9
Altman Z
1.07
Beneish M
−2.18
Dividend safety
n/a
Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Piotroski F-Score
— — 5 5 5 6 3
P/E ratio
0.00 0.00 0.00 0.00 0.00 79.06 0.00
Altman Z-Score
— — (0.57) (0.63) 0.65 1.25 1.07
P/S ratio
2.20 2.20 0.76 0.13 0.34 0.35 0.32
Altman Z″-Score (non-manufacturers)
(6.15) (4.92) (3.28) (4.47) (3.18) (3.57) (3.40)
P/FCF ratio
4.88 4.88 0.00 1.49 0.00 3.40 3.56
P/Operating CF
11.44 11.44 40.75 3.45 6.79 9.32 5.61
Beneish M-Score
— (3.61) 0.30 (3.24) (1.84) (2.75) (2.18)
P/B ratio
0.00 0.00 1.01 0.59 2.50 3.18 3.84
Price to Tangible BV
0.00 0.00 1.01 0.59 2.50 3.18 3.84
EV/Sales
0.72 0.72 0.24 (0.19) 0.08 0.22 0.12
EV/EBITDA
0.00 0.00 0.00 1.29 0.00 31.64 0.00
EV/Operating CF
1.50 1.50 (2.44) (1.94) (1.64) 2.05 1.30
EV/FCF
1.60 1.60 (2.14) (2.10) (1.50) 2.11 1.35
Quick Ratio
0.41 0.58 0.72 0.57 0.90 0.56 0.70
Current Ratio
0.41 0.58 0.72 0.57 0.90 0.56 0.70
Net Debt/EBITDA
1.30 1.76 2.12 2.21 6.73 (19.39) 5.92
Debt/Assets
0.00% 6.27% 0.00% 6.58% 8.30% 6.19% 6.80%
Debt/Equity
0.00 0.32 0.00 0.33 0.37 0.29 0.44
Asset Turnover
0.39 0.26 0.66 1.01 1.44 2.17 2.10
Operating CF/Net income
0.63 (0.54) 0.32 (0.63) 1.01 38.46 (2.47)
Capex/Depreciation
(103.98) (0.99) (1.13) (1.57) (12.19) (4.61) (49.89)
Interest Coverage
— (114.48) (115.36) (26.07) (9.58) 2.41 (22.52)
ROE
23.31% 36.97% (1,185.16%) (53.07%) (31.88%) 2.79% (44.38%)
ROA
(20.62%) (22.89%) (20.47%) (15.45%) (6.66%) 0.60% (7.94%)
ROIC
(1,161.14%) 0.00% (117.94%) 0.00% 0.00% 0.00% 0.00%
Return on Tangible Assets
48.61% 65.23% 127.94% 46.63% 152.39% (1.80%) 33.19%
Average Days of Receivables
41.26 76.09 35.55 24.53 15.76 15.14 15.56
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
22.67% 36.01% 14.42% 31.72% 24.32% 19.13% 17.52%
Intangible Assets out of Total Assets
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Share Based Compensation of Revenue
6.87% 7.75% 4.69% 2.83% 2.72% 1.20% 0.75%
Graham Net Nets
(0.88) (0.88) (0.46) (3.46) (0.33) (0.59) (0.52)
Graham Number
0.00 117.70 0.00 0.00 0.00 4.02 0.00
Earnings Yield
(39.95%) (39.95%) (42.04%) (115.85%) (13.19%) 1.26% (10.86%)
Free Cash Flow Yield
20.49% 20.49% (14.78%) 67.22% (14.76%) 29.41% 28.07%
Revenue per Share
16.94 15.82 10.27 18.65 26.45 38.18 44.60
Operating CF per Share
(5.74) 7.61 (1.02) 1.79 (1.23) 4.07 4.17
Capex per Share
(0.90) (0.48) (0.14) (0.14) (0.12) (0.12) (0.14)
Free Cash Flow per Share
(6.64) 7.13 (1.16) 1.65 (1.34) 3.95 4.03
Cash per Share
11.68 28.24 6.17 7.34 8.44 6.35 10.57
Shareholders Equity per Share
12.17 15.34 7.78 4.20 3.64 4.23 3.74
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
12.17 15.34 7.78 4.20 3.64 4.23 3.74
Free Cash Flow
(191.37) 208.71 (207.63) 351.34 (297.74) 950.30 1,058.48
Working Capital
(570.35) (670.89) (494.18) (1,359.99) (239.58) (1,480.99) (1,423.52)
Capital Expenditures
(26.00) (14.02) (25.88) (29.01) (25.58) (27.90) (36.37)
Net Current Asset Value
(604.47) (900.28) (646.06) (1,809.27) (671.85) (1,916.21) (2,071.81)
EV/EBIT
0.00 0.00 0.00 1.25 0.00 34.98 0.00
Capex to Sales
0.05 0.03 0.01 0.01 0.00 0.00 0.00
Price to Operating Income
0.00 0.00 0.00 0.00 0.00 56.42 0.00
Other line items
Depreciation/Fixed assets
0.01 0.40 0.49 0.31 0.03 0.09 0.01
Cash ROIC
(27.85%) 14.72% (8.32%) 12.78% (10.01%) 33.42% 25.29%
Accounts Receivable Turnover
6.44 6.10 13.35 17.80 22.57 28.96 26.61
Accounts Payable Turnover
0.32 0.24 0.96 1.32 1.67 2.55 2.48
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
860.23 1,880.37 399.44 354.33 185.81 168.69 171.09
Days of Inventory on Hand
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Receivables
75.83 75.83 137.78 222.70 259.77 316.93 439.69
Average Payables
1,277.94 1,277.94 1,685.47 2,481.08 2,774.01 2,875.97 4,042.61
Average Assets
1,266.50 1,809.51 2,796.88 3,924.13 4,064.04 4,220.99 5,582.95
Average Common Equity
(1,120.50) (1,120.52) 48.31 1,142.46 849.26 911.27 998.58

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