CVS Health Corporation (CVS) vs Oscar Health, Inc. (OSCR)

CVS Health Corporation and Oscar Health, Inc. are both Healthcare Plans companies. CVS Health Corporation is the larger, with a market value of $108.5B against $8.9B — 12.1× the size. Oscar Health, Inc. trades at the lower P/E: 17.3× against 23.3×. Oscar Health, Inc. grew revenue faster over the last twelve months: 42.8% against 7.36%. Oscar Health, Inc. has the higher net margin (3.60% vs 1.18%) and the lower return on invested capital (0.00% vs 4.07%). Across the 22 metrics below, Oscar Health, Inc. leads on 15 and CVS Health Corporation on 7.

Valuation

Metric CVS OSCR Healthcare Plans median
P/E 23.27 17.31 23.75
P/S 0.27 0.58 0.40
P/B 1.43 4.35 2.48
Price to free cash flow 9.70 2.04 11.15
EV/EBITDA 8.71 8.39 10.94
EV/Sales 0.39 0.35 0.37
Earnings yield 4.30% 5.78% 3.25%
Free cash flow yield 10.31% 48.96% 8.15%

Profitability

Metric CVS OSCR Healthcare Plans median
Gross margin 44.49% 20.16% 19.04%
Operating margin 2.00% 4.11% 1.93%
Net margin 1.18% 3.60% 1.04%
Free cash flow margin 2.83% 28.59% 3.18%
Return on equity 6.21% 34.24% 12.48%
Return on assets 1.91% 6.25% 2.98%
Return on invested capital 4.07% 0.00% 2.04%

Growth

Metric CVS OSCR Healthcare Plans median
Revenue growth (TTM) 7.36% 42.82% 7.57%
EPS growth (last fiscal year) (62.02%) (1,790.00%) —
Revenue growth, 5-year CAGR 8.39% 90.80% 11.88%
Net income growth, 5-year CAGR (24.44%) 0.00% 0.00%

Health

Metric CVS OSCR Healthcare Plans median
Debt to equity 0.77 0.21 0.70
Current ratio 0.87 0.57 1.32
Net debt to EBITDA 3.60 5.92 0.05

Dividend

Metric CVS OSCR Healthcare Plans median
Dividend yield 3.30% — 1.53%
Payout ratio 1.05 0.00 0.00

Size

Metric CVS OSCR Healthcare Plans median
Market cap 108.46b 8.94b 20.34b

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