Carlsmed, Inc. (CARL) vs Phreesia, Inc. (PHR)
Carlsmed, Inc. and Phreesia, Inc. are both Health Information Services companies. Phreesia, Inc. is the larger, with a market value of $620.7M against $404.6M — 1.5× the size. Carlsmed, Inc. has negative trailing earnings, so its P/E is not meaningful; Phreesia, Inc. trades at 59.7×. Carlsmed, Inc. grew revenue faster over the last twelve months: 81.1% against 12.9%. Phreesia, Inc. has the higher net margin (2.06% vs −57.4%) and the higher return on invested capital (1.74% vs −234.5%). Across the 17 metrics below, Phreesia, Inc. leads on 12 and Carlsmed, Inc. on 5.
Valuation
Profitability
| Metric | CARL | PHR | Health Information Services median |
|---|---|---|---|
| Gross margin | 76.63% | 67.52% | 63.38% |
| Operating margin | (61.09%) | 2.47% | (8.35%) |
| Net margin | (57.42%) | 2.06% | (14.70%) |
| Free cash flow margin | (56.36%) | 13.30% | 0.58% |
| Return on equity | (6,196.93%) | 3.12% | (6.82%) |
| Return on assets | (42.39%) | 1.98% | (6.02%) |
| Return on invested capital | (234.53%) | 1.74% | 0.00% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack