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Oscar Health (OSCR) Financials

Oscar Health logo
$12.46 +0.05 (+0.36%)
Closing price 04/15/2025 03:59 PM Eastern
Extended Trading
$12.25 -0.22 (-1.72%)
As of 05:44 AM Eastern
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Annual Income Statements for Oscar Health

Annual Income Statements for Oscar Health

This table shows Oscar Health's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
-261 -407 -573 -606 -271 25
Consolidated Net Income / (Loss)
-261 -407 -571 -610 -271 26
Net Income / (Loss) Continuing Operations
-261 -407 -571 -610 -271 26
Total Pre-Tax Income
-259 -406 -571 -610 -267 33
Total Operating Income
-259 -402 -544 -590 -236 57
Total Gross Profit
80 153 215 683 5,863 9,178
Total Revenue
488 463 1,839 3,964 5,863 9,178
Operating Revenue
488 463 1,839 3,964 5,863 9,178
Total Cost of Revenue
408 309 1,624 3,281 0.00 0.00
Total Operating Expenses
339 556 759 1,273 6,098 9,120
Selling, General & Admin Expense
111 167 265 1,257 1,426 1,756
Depreciation Expense
- - - 15 31 32
Other Operating Expenses / (Income)
229 389 494 - 4,642 7,333
Total Other Income / (Expense), net
0.00 -3.51 -26 -20 -32 -24
Interest Expense
- 3.51 25 23 25 24
Other Income / (Expense), net
- - -1.20 2.42 -7.08 -0.11
Income Tax Expense
1.79 1.05 0.85 -0.52 3.29 7.31
Net Income / (Loss) Attributable to Noncontrolling Interest
0.00 0.00 1.18 -3.28 0.13 0.69
Basic Earnings per Share
($9.06) ($14.16) ($3.20) ($2.85) ($1.22) $0.11
Weighted Average Basic Shares Outstanding
28.81M 29.26M 178.97M 212.48M 221.66M 240.39M
Diluted Earnings per Share
($9.06) ($14.16) ($3.20) ($2.85) ($1.22) $0.10
Weighted Average Diluted Shares Outstanding
28.81M 29.26M 178.97M 212.48M 221.66M 265.85M
Weighted Average Basic & Diluted Shares Outstanding
- - 210.40M 216.30M 229.73M 250.57M

Quarterly Income Statements for Oscar Health

This table shows Oscar Health's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
-193 -226 -40 -16 -65 -150 177 56 -55 -154
Consolidated Net Income / (Loss)
-194 -227 -40 -15 -66 -150 177 56 -54 -153
Net Income / (Loss) Continuing Operations
-194 -227 -40 -15 -66 -150 177 56 -54 -153
Total Pre-Tax Income
-195 -227 -38 -14 -65 -151 178 61 -52 -154
Total Operating Income
-192 -222 -25 -6.53 -58 -145 186 68 -48 -148
Total Gross Profit
126 577 1,470 340 277 3,777 588 511 2,423 5,656
Total Revenue
978 995 1,470 1,522 1,440 1,432 2,142 2,219 2,423 2,392
Operating Revenue
978 995 1,470 1,522 1,440 1,432 2,142 2,219 2,423 2,392
Total Cost of Revenue
853 418 0.00 1,182 1,163 -2,345 1,555 1,709 0.00 -3,263
Total Operating Expenses
318 799 1,495 346 335 3,922 402 443 2,472 5,804
Selling, General & Admin Expense
79 1,023 399 337 326 364 394 435 460 466
Depreciation Expense
- - 4.94 8.82 9.19 7.74 7.81 7.60 7.50 9.23
Total Other Income / (Expense), net
-2.79 -4.80 -12 -7.73 -6.54 -5.17 -7.08 -6.86 -3.94 -5.96
Interest Expense
6.13 6.14 6.14 6.12 6.13 6.22 5.90 5.99 5.82 6.03
Other Income / (Expense), net
3.34 1.34 -6.11 -1.61 -0.41 1.05 -1.18 -0.87 1.88 0.07
Income Tax Expense
-1.62 -0.72 2.02 1.16 0.92 -0.81 1.00 4.64 2.08 -0.40
Net Income / (Loss) Attributable to Noncontrolling Interest
-0.63 -0.51 0.14 0.10 -0.31 0.19 0.11 0.11 0.21 0.26
Basic Earnings per Share
($0.91) ($1.05) ($0.18) ($0.07) ($0.29) ($0.68) $0.77 $0.24 ($0.22) ($0.68)
Weighted Average Basic Shares Outstanding
212.82M 212.48M 216.91M 219.40M 223.10M 221.66M 231.44M 238.67M 243.11M 240.39M
Diluted Earnings per Share
($0.91) ($1.05) ($0.18) ($0.07) ($0.29) ($0.68) $0.62 $0.20 ($0.22) ($0.50)
Weighted Average Diluted Shares Outstanding
212.82M 212.48M 216.91M 219.40M 223.10M 221.66M 293.80M 303.97M 243.11M 265.85M
Weighted Average Basic & Diluted Shares Outstanding
214.76M 216.30M 218.35M 221.91M 226.11M 229.73M 237.22M 241.91M 247.27M 250.57M

Annual Cash Flow Statements for Oscar Health

This table details how cash moves in and out of Oscar Health's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
-17 490 282 455 311 -341
Net Cash From Operating Activities
-165 223 -182 380 -272 978
Net Cash From Continuing Operating Activities
-165 223 -182 380 -272 978
Net Income / (Loss) Continuing Operations
-261 -407 -571 -610 -271 26
Consolidated Net Income / (Loss)
-261 -407 -571 -610 -271 26
Depreciation Expense
6.90 11 15 15 31 32
Amortization Expense
-6.65 2.92 8.36 3.19 -29 -26
Non-Cash Adjustments To Reconcile Net Income
79 382 78 490 -14 416
Changes in Operating Assets and Liabilities, net
17 233 289 482 10 530
Net Cash From Investing Activities
151 -345 -775 -227 577 -1,387
Net Cash From Continuing Investing Activities
151 -345 -775 -227 577 -1,387
Purchase of Property, Plant & Equipment
-26 -14 -26 -29 -26 -28
Purchase of Investments
-878 -1,001 -1,810 -1,193 -837 -2,134
Sale and/or Maturity of Investments
1,061 672 1,055 994 1,442 770
Other Investing Activities, net
-7.08 -1.24 6.68 1.12 -2.28 3.93
Net Cash From Financing Activities
-2.12 612 1,239 301 6.45 68
Net Cash From Continuing Financing Activities
-2.12 612 1,239 301 6.45 68
Repayment of Debt
0.00 -4.84 -166 -7.04 0.00 0.00
Issuance of Debt
- 147 0.00 305 0.00 0.00
Issuance of Common Equity
0.00 0.00 1,356 1.85 2.49 0.00
Other Financing Activities, net
0.87 94 59 1.30 3.96 68
Cash Interest Paid
0.00 0.00 4.26 10 23 34
Cash Income Taxes Paid
1.83 1.53 0.70 1.89 2.41 0.67

Quarterly Cash Flow Statements for Oscar Health

This table details how cash moves in and out of Oscar Health's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
-249 -555 551 212 -922 470 361 38 -1,059 319
Net Cash From Operating Activities
-548 151 415 166 -1,149 297 634 497 -500 347
Net Cash From Continuing Operating Activities
-548 151 415 166 -1,149 297 634 497 -500 347
Net Income / (Loss) Continuing Operations
-194 -227 -40 -15 -66 -150 177 56 -54 -153
Consolidated Net Income / (Loss)
-194 -227 -40 -15 -66 -150 177 56 -54 -153
Depreciation Expense
4.06 3.74 4.94 8.82 9.19 7.74 7.81 7.60 7.50 9.23
Amortization Expense
1.19 -1.46 -7.13 -7.76 -7.39 -6.32 -6.03 -5.80 -6.54 -7.73
Non-Cash Adjustments To Reconcile Net Income
-505 378 444 311 -1,140 370 151 399 -596 463
Changes in Operating Assets and Liabilities, net
145 -2.32 12 -131 54 75 304 40 149 36
Net Cash From Investing Activities
299 -707 136 44 225 172 -301 -478 -578 -31
Net Cash From Continuing Investing Activities
299 -707 136 44 225 172 -301 -478 -578 -31
Purchase of Property, Plant & Equipment
-9.62 -7.13 -7.38 -5.62 -6.48 -6.10 -5.95 -7.56 -7.57 -6.82
Purchase of Investments
-31 -850 -203 -335 -84 -215 -557 -806 -660 -110
Sale and/or Maturity of Investments
339 150 346 385 316 396 261 335 87 86
Other Investing Activities, net
0.53 -0.43 0.00 -0.52 0.62 -2.38 0.63 0.83 2.49 -0.01
Net Cash From Financing Activities
0.42 0.53 0.51 2.55 2.32 1.07 27 19 19 3.82
Net Cash From Continuing Financing Activities
0.42 0.53 0.51 2.55 2.32 1.07 27 19 19 3.82
Other Financing Activities, net
0.37 0.01 0.04 2.55 0.30 1.07 27 19 19 3.82
Cash Interest Paid
0.26 0.27 11 11 0.26 0.26 11 0.15 11 11
Cash Income Taxes Paid
0.56 0.23 - - 0.60 1.41 - - 0.55 0.04

Annual Balance Sheets for Oscar Health

This table presents Oscar Health's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Total Assets
2,272 3,322 4,527 3,601 4,840
Total Current Assets
1,870 2,306 4,122 3,061 2,845
Cash & Equivalents
826 1,104 1,559 1,870 1,527
Short-Term Investments
368 587 1,397 690 624
Accounts Receivable
65 138 216 201 316
Other Current Assets
611 476 949 300 378
Plant, Property, & Equipment, net
36 47 60 62 67
Total Noncurrent Assets
366 969 345 478 1,929
Long-Term Investments
352 873 250 395 1,846
Other Noncurrent Operating Assets
13 97 95 83 82
Total Liabilities & Shareholders' Equity
2,272 3,322 4,527 3,601 4,840
Total Liabilities
1,823 1,929 3,634 2,795 3,824
Total Current Liabilities
1,666 1,852 3,264 2,429 3,463
Accounts Payable
138 235 298 273 432
Other Current Liabilities
1,528 1,618 2,966 2,156 3,031
Total Noncurrent Liabilities
157 77 370 366 361
Long-Term Debt
142 0.00 298 299 300
Other Noncurrent Operating Liabilities
15 77 72 68 61
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-1,296 1,393 892 806 1,016
Total Preferred & Common Equity
-1,296 1,387 890 804 1,014
Total Common Equity
-1,296 1,387 890 804 1,014
Common Stock
133 3,394 3,509 3,682 3,870
Retained Earnings
-1,427 -2,000 -2,606 -2,877 -2,851
Treasury Stock
-2.92 -2.92 -2.92 -2.92 -2.92
Accumulated Other Comprehensive Income / (Loss)
0.88 -3.67 -9.72 1.31 -1.83
Noncontrolling Interest
0.00 5.29 2.02 2.15 2.84

Quarterly Balance Sheets for Oscar Health

This table presents Oscar Health's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
4,309 4,483 4,565 3,350 4,419 5,006 4,483
Total Current Assets
3,931 4,131 4,193 2,992 3,504 3,359 2,368
Cash & Equivalents
2,113 2,110 2,322 1,400 2,231 2,268 1,206
Short-Term Investments
718 1,325 1,256 1,044 616 364 504
Accounts Receivable
215 186 193 207 343 398 301
Other Current Assets
885 511 422 340 314 329 357
Plant, Property, & Equipment, net
56 64 63 62 61 64 67
Total Noncurrent Assets
321 288 309 296 854 1,583 2,048
Long-Term Investments
224 193 217 207 766 1,496 1,964
Other Noncurrent Operating Assets
97 95 92 89 87 87 84
Total Liabilities & Shareholders' Equity
4,309 4,483 4,565 3,350 4,419 5,006 4,483
Total Liabilities
3,224 3,551 3,613 2,428 3,385 3,866 3,318
Total Current Liabilities
2,853 3,182 3,244 2,061 3,019 3,502 2,955
Accounts Payable
252 299 262 260 303 348 395
Other Current Liabilities
2,600 2,882 2,983 1,801 2,716 3,154 2,559
Total Noncurrent Liabilities
372 370 369 367 365 364 363
Long-Term Debt
298 298 298 299 299 299 299
Other Noncurrent Operating Liabilities
74 71 70 69 66 65 64
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,085 932 952 921 1,034 1,141 1,165
Total Preferred & Common Equity
1,082 930 950 919 1,032 1,138 1,163
Total Common Equity
1,082 930 950 919 1,032 1,138 1,163
Common Stock
3,479 3,583 3,621 3,654 3,737 3,787 3,837
Retained Earnings
-2,380 -2,646 -2,661 -2,727 -2,699 -2,643 -2,698
Treasury Stock
-2.92 -2.92 -2.92 -2.92 -2.92 -2.92 -2.92
Accumulated Other Comprehensive Income / (Loss)
-14 -4.48 -6.86 -4.45 -2.59 -2.63 26
Noncontrolling Interest
2.53 2.16 2.26 1.96 2.26 2.37 2.58

Annual Metrics and Ratios for Oscar Health

This table displays calculated financial ratios and metrics derived from Oscar Health's official financial filings.

Metric 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - -
Revenue Growth
0.00% -5.20% 297.30% 115.57% 47.92% 56.54%
EBITDA Growth
0.00% -49.75% -34.70% -8.85% 57.71% 126.27%
EBIT Growth
0.00% -55.08% -35.65% -7.65% 58.69% 123.55%
NOPAT Growth
0.00% -55.08% -35.35% -8.34% 60.06% 127.13%
Net Income Growth
0.00% -55.76% -40.46% -6.67% 55.61% 109.65%
EPS Growth
0.00% -56.29% 77.40% 10.94% 57.19% 108.20%
Operating Cash Flow Growth
0.00% 234.69% -181.60% 309.28% -171.56% 459.42%
Free Cash Flow Firm Growth
0.00% 0.00% -124.54% 361.25% -176.50% 365.18%
Invested Capital Growth
0.00% 0.00% -22.59% -72.13% 8.21% -44.93%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 14.40% 8.04% 11.69%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% -5.19% 23.97% -4.74%
EBIT Q/Q Growth
0.00% 0.00% 0.00% -4.22% 24.02% -5.36%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% -4.65% 24.63% -7.26%
Net Income Q/Q Growth
0.00% 0.00% 0.00% -4.96% 22.09% -11.66%
EPS Q/Q Growth
0.00% 0.00% 0.00% -8.37% 23.27% 225.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% -42.84% 44.38% 34.83% 5.38%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 28.23% 6.03%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% -20.52% -29.29% -21.39%
Profitability Metrics
- - - - - -
Gross Margin
16.37% 33.16% 11.68% 17.23% 100.00% 100.00%
EBITDA Margin
-53.08% -83.85% -28.43% -14.35% -4.10% 0.69%
Operating Margin
-53.13% -86.92% -29.61% -14.88% -4.02% 0.62%
EBIT Margin
-53.13% -86.92% -29.68% -14.82% -4.14% 0.62%
Profit (Net Income) Margin
-53.50% -87.91% -31.08% -15.38% -4.62% 0.28%
Tax Burden Percent
100.69% 100.26% 100.15% 99.91% 101.23% 78.15%
Interest Burden Percent
100.00% 100.87% 104.56% 103.85% 110.14% 58.48%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 21.85%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
0.00% -90.60% -62.06% -53.35% -31.86% 2.87%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
0.00% -17.70% -19.51% -14.97% -5.97% 1.35%
Return on Assets (ROA)
0.00% -17.91% -20.43% -15.53% -6.66% 0.62%
Return on Common Equity (ROCE)
0.00% 261.49% -3.08% -53.18% -31.78% 2.86%
Return on Equity Simple (ROE_SIMPLE)
0.00% 31.39% -41.19% -68.46% -33.66% 2.58%
Net Operating Profit after Tax (NOPAT)
-182 -282 -381 -413 -165 45
NOPAT Margin
-37.19% -60.84% -20.73% -10.42% -2.81% 0.49%
Net Nonoperating Expense Percent (NNEP)
0.00% -17.84% -9.59% -7.19% -3.80% -0.59%
Return On Investment Capital (ROIC_SIMPLE)
- - - -34.69% -14.93% 3.40%
Cost of Revenue to Revenue
83.63% 66.84% 88.32% 82.77% 0.00% 0.00%
SG&A Expenses to Revenue
22.67% 36.01% 14.42% 31.72% 24.32% 19.13%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
69.51% 120.08% 41.29% 32.11% 104.02% 99.38%
Earnings before Interest and Taxes (EBIT)
-259 -402 -546 -587 -243 57
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-259 -388 -523 -569 -241 63
Valuation Ratios
- - - - - -
Price to Book Value (P/BV)
0.00 0.00 1.19 0.59 2.57 3.28
Price to Tangible Book Value (P/TBV)
0.00 0.00 1.19 0.59 2.57 3.28
Price to Revenue (P/Rev)
2.96 3.12 0.89 0.13 0.35 0.36
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 130.67
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.77%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
0.00 3.86 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 8.02 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 2.65 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - -
Debt to Equity
0.00 0.32 0.00 0.33 0.37 0.29
Long-Term Debt to Equity
0.00 0.32 0.00 0.33 0.37 0.29
Financial Leverage
0.00 -3.13 -2.15 -2.39 -3.28 -3.49
Leverage Ratio
0.00 5.06 3.04 3.43 4.79 4.63
Compound Leverage Factor
0.00 5.10 3.18 3.57 5.27 2.71
Debt to Total Capital
0.00% 24.09% 0.00% 25.03% 27.04% 22.76%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 24.09% 0.00% 25.03% 27.04% 22.76%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 295.00% 0.38% 0.17% 0.19% 0.22%
Common Equity to Total Capital
0.00% -219.08% 99.62% 74.80% 72.76% 77.02%
Debt to EBITDA
0.00 -0.37 0.00 -0.52 -1.24 4.74
Net Debt to EBITDA
0.00 3.62 0.00 5.11 11.04 -58.51
Long-Term Debt to EBITDA
0.00 -0.37 0.00 -0.52 -1.24 4.74
Debt to NOPAT
0.00 -0.51 0.00 -0.72 -1.81 6.69
Net Debt to NOPAT
0.00 4.99 0.00 7.04 16.11 -82.64
Long-Term Debt to NOPAT
0.00 -0.51 0.00 -0.72 -1.81 6.69
Altman Z-Score
0.00 -0.68 -0.16 -0.04 0.94 1.48
Noncontrolling Interest Sharing Ratio
0.00% 388.61% 95.04% 0.32% 0.25% 0.27%
Liquidity Ratios
- - - - - -
Current Ratio
0.00 1.12 1.24 1.26 1.26 0.82
Quick Ratio
0.00 0.76 0.99 0.97 1.14 0.71
Cash Flow Metrics
- - - - - -
Free Cash Flow to Firm (FCFF)
0.00 674 -165 432 -330 876
Operating Cash Flow to CapEx
-636.14% 1,588.56% -702.12% 1,311.01% -1,064.08% 3,506.45%
Free Cash Flow to Firm to Interest Expense
0.00 191.72 -6.64 19.09 -13.43 36.91
Operating Cash Flow to Interest Expense
0.00 63.38 -7.30 16.81 -11.06 41.21
Operating Cash Flow Less CapEx to Interest Expense
0.00 59.39 -8.34 15.53 -12.10 40.04
Efficiency Ratios
- - - - - -
Asset Turnover
0.00 0.20 0.66 1.01 1.44 2.17
Accounts Receivable Turnover
0.00 7.08 18.05 22.34 28.07 35.49
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 12.92 44.62 74.44 96.26 142.59
Accounts Payable Turnover
0.00 2.25 8.72 12.32 0.00 0.00
Days Sales Outstanding (DSO)
0.00 51.52 20.22 16.34 13.00 10.28
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 162.26 41.84 29.63 0.00 0.00
Cash Conversion Cycle (CCC)
0.00 -110.74 -21.62 -13.29 13.00 10.28
Capital & Investment Metrics
- - - - - -
Invested Capital
0.00 -955 -1,171 -2,016 -1,850 -2,682
Invested Capital Turnover
0.00 -0.97 -1.73 -2.49 -3.03 -4.05
Increase / (Decrease) in Invested Capital
0.00 -955 -216 -845 165 -831
Enterprise Value (EV)
0.00 1,785 -914 -2,378 -585 -372
Market Capitalization
1,445 1,445 1,645 528 2,069 3,323
Book Value per Share
$0.00 ($44.28) $6.62 $4.15 $3.56 $4.10
Tangible Book Value per Share
$0.00 ($44.28) $6.62 $4.15 $3.56 $4.10
Total Capital
0.00 592 1,393 1,190 1,105 1,316
Total Debt
0.00 142 0.00 298 299 300
Total Long-Term Debt
0.00 142 0.00 298 299 300
Net Debt
0.00 -1,404 -2,564 -2,908 -2,657 -3,698
Capital Expenditures (CapEx)
26 14 26 29 26 28
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -990 -1,237 -2,098 -1,928 -2,770
Debt-free Net Working Capital (DFNWC)
0.00 205 454 858 632 -618
Net Working Capital (NWC)
0.00 205 454 858 632 -618
Net Nonoperating Expense (NNE)
80 125 190 197 106 19
Net Nonoperating Obligations (NNO)
0.00 -1,404 -2,564 -2,908 -2,657 -3,698
Total Depreciation and Amortization (D&A)
0.25 14 23 18 2.10 6.05
Debt-free, Cash-free Net Working Capital to Revenue
0.00% -213.86% -67.30% -52.94% -32.89% -30.18%
Debt-free Net Working Capital to Revenue
0.00% 44.26% 24.67% 21.64% 10.78% -6.73%
Net Working Capital to Revenue
0.00% 44.26% 24.67% 21.64% 10.78% -6.73%
Earnings Adjustments
- - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($3.20) ($2.85) ($1.22) $0.11
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 178.97M 212.47M 221.66M 240.39M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($3.20) ($2.85) ($1.22) $0.10
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 178.97M 212.47M 221.66M 265.85M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 210.40M 216.30M 229.73M 250.57M
Normalized Net Operating Profit after Tax (NOPAT)
-182 -282 -381 -413 -165 45
Normalized NOPAT Margin
-37.19% -60.84% -20.73% -10.42% -2.81% 0.49%
Pre Tax Income Margin
-53.13% -87.68% -31.03% -15.39% -4.56% 0.36%
Debt Service Ratios
- - - - - -
EBIT to Interest Expense
0.00 -114.48 -21.92 -25.97 -9.86 2.41
NOPAT to Interest Expense
0.00 -80.13 -15.31 -18.25 -6.70 1.89
EBIT Less CapEx to Interest Expense
0.00 -118.47 -22.96 -27.25 -10.90 1.23
NOPAT Less CapEx to Interest Expense
0.00 -84.12 -16.35 -19.53 -7.74 0.71
Payout Ratios
- - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-1.15% 0.00% -1.65% 0.00% 0.00% 0.00%

Quarterly Metrics and Ratios for Oscar Health

This table displays calculated financial ratios and metrics derived from Oscar Health's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
120.38% 100.60% 51.08% 49.56% 47.17% 43.87% 45.77% 45.86% 68.30% 67.11%
EBITDA Growth
10.60% -15.35% 48.79% 92.96% 69.07% 34.66% 653.06% 1,071.36% 19.90% -2.20%
EBIT Growth
10.70% -12.68% 56.04% 92.30% 68.97% 34.69% 685.87% 922.26% 20.73% -2.24%
NOPAT Growth
9.12% -13.36% 62.99% 93.87% 69.72% 34.61% 1,139.24% 1,470.87% 16.95% -1.55%
Net Income Growth
8.48% -14.57% 48.75% 86.24% 66.05% 33.86% 547.87% 465.07% 17.22% -2.30%
EPS Growth
10.78% -26.51% 50.00% 86.79% 68.13% 35.24% 444.44% 385.71% 24.14% 26.47%
Operating Cash Flow Growth
6.94% 339.09% -26.32% -22.82% -109.58% 96.09% 52.96% 200.35% 56.48% 16.83%
Free Cash Flow Firm Growth
550.72% 0.00% 74.80% -76.31% -150.54% -138.79% -88.69% -56.33% 363.62% 372.35%
Invested Capital Growth
-70.76% -72.13% -34.80% -23.06% 14.44% 8.21% 4.86% -5.64% -54.36% -44.93%
Revenue Q/Q Growth
-3.82% 1.71% 47.69% 3.53% -5.36% -0.58% 49.64% 3.60% 9.20% -1.28%
EBITDA Q/Q Growth
-82.71% -19.09% 84.62% 78.98% -703.36% -151.54% 230.17% -63.07% -166.25% -220.94%
EBIT Q/Q Growth
-78.85% -16.98% 85.77% 74.13% -620.53% -146.22% 227.66% -63.69% -169.46% -217.58%
NOPAT Q/Q Growth
-80.65% -15.65% 88.60% 74.26% -792.08% -149.77% 281.20% -66.05% -154.05% -205.39%
Net Income Q/Q Growth
-72.62% -17.06% 82.51% 61.08% -325.95% -128.05% 218.45% -68.27% -196.58% -181.84%
EPS Q/Q Growth
-71.70% -15.38% 82.86% 61.11% -314.29% -134.48% 191.18% -67.74% -210.00% -127.27%
Operating Cash Flow Q/Q Growth
-355.69% 127.61% 173.93% -60.09% -794.32% 125.83% 113.69% -21.63% -200.60% 169.34%
Free Cash Flow Firm Q/Q Growth
-71.98% 23.38% -12.78% -21.43% -159.79% 5.31% 125.42% 203.45% 260.90% -2.18%
Invested Capital Q/Q Growth
19.10% -20.52% -18.89% -6.16% 43.75% -29.29% -23.22% -17.88% 17.81% -21.39%
Profitability Metrics
- - - - - - - - - -
Gross Margin
12.85% 57.95% 100.00% 22.32% 19.22% 263.81% 27.43% 23.01% 100.00% 236.41%
EBITDA Margin
-18.78% -21.99% -2.29% -0.47% -3.95% -9.99% 8.69% 3.10% -1.88% -6.11%
Operating Margin
-19.66% -22.36% -1.73% -0.43% -4.04% -10.16% 8.66% 3.06% -2.00% -6.17%
EBIT Margin
-19.32% -22.22% -2.14% -0.54% -4.07% -10.09% 8.61% 3.02% -1.92% -6.17%
Profit (Net Income) Margin
-19.78% -22.77% -2.70% -1.01% -4.56% -10.47% 8.28% 2.54% -2.24% -6.41%
Tax Burden Percent
99.17% 99.69% 105.37% 108.16% 101.41% 99.47% 99.44% 92.39% 103.97% 99.74%
Interest Burden Percent
103.24% 102.77% 119.50% 175.18% 110.45% 104.30% 96.80% 91.05% 112.51% 104.08%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.56% 7.61% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
-44.03% -53.35% -50.45% -43.19% -34.63% -31.86% -5.44% 1.74% 2.83% 2.87%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
-17.90% -22.45% -2.16% -0.57% -5.77% -14.55% 12.64% 4.56% -4.03% -13.42%
Return on Assets (ROA)
-18.33% -23.00% -2.72% -1.08% -6.47% -15.10% 12.16% 3.84% -4.71% -13.93%
Return on Common Equity (ROCE)
-43.99% -53.18% -50.33% -43.08% -34.55% -31.78% -5.43% 1.74% 2.83% 2.86%
Return on Equity Simple (ROE_SIMPLE)
-53.67% 0.00% -61.52% -50.03% -37.77% 0.00% -5.18% 1.60% 2.54% 0.00%
Net Operating Profit after Tax (NOPAT)
-135 -156 -18 -4.57 -41 -102 185 63 -34 -103
NOPAT Margin
-13.76% -15.65% -1.21% -0.30% -2.83% -7.11% 8.61% 2.82% -1.40% -4.32%
Net Nonoperating Expense Percent (NNEP)
-2.23% -2.59% -0.68% -0.32% -0.98% -1.73% -0.21% -0.17% -0.72% -1.57%
Return On Investment Capital (ROIC_SIMPLE)
- -13.08% - - - -9.22% - - - -7.86%
Cost of Revenue to Revenue
87.15% 42.05% 0.00% 77.68% 80.78% -163.81% 72.57% 76.99% 0.00% -136.41%
SG&A Expenses to Revenue
8.03% 102.85% 27.12% 22.16% 22.63% 25.44% 18.40% 19.61% 19.00% 19.47%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
32.51% 80.31% 101.73% 22.74% 23.27% 273.97% 18.76% 19.95% 102.00% 242.58%
Earnings before Interest and Taxes (EBIT)
-189 -221 -31 -8.14 -59 -144 184 67 -46 -148
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-184 -219 -34 -7.08 -57 -143 186 69 -46 -146
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.98 0.59 1.52 1.85 1.34 2.57 3.26 3.30 4.41 3.28
Price to Tangible Book Value (P/TBV)
0.98 0.59 1.52 1.85 1.34 2.57 3.26 3.30 4.41 3.28
Price to Revenue (P/Rev)
0.31 0.13 0.32 0.35 0.23 0.35 0.51 0.52 0.62 0.36
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 206.80 177.24 130.67
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.48% 0.56% 0.77%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.21 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 26.51 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 29.12 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 36.45 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.89 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.13 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.27 0.33 0.32 0.31 0.32 0.37 0.29 0.26 0.26 0.29
Long-Term Debt to Equity
0.27 0.33 0.32 0.31 0.32 0.37 0.29 0.26 0.26 0.29
Financial Leverage
-2.01 -2.39 -2.84 -3.10 -2.55 -3.28 -3.38 -3.50 -2.74 -3.49
Leverage Ratio
2.84 3.43 3.90 4.23 3.82 4.79 4.53 4.57 3.75 4.63
Compound Leverage Factor
2.93 3.53 4.66 7.42 4.22 4.99 4.38 4.16 4.22 4.82
Debt to Total Capital
21.54% 25.03% 24.24% 23.86% 24.47% 27.04% 22.42% 20.78% 20.44% 22.76%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
21.54% 25.03% 24.24% 23.86% 24.47% 27.04% 22.42% 20.78% 20.44% 22.76%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.18% 0.17% 0.18% 0.18% 0.16% 0.19% 0.17% 0.16% 0.18% 0.22%
Common Equity to Total Capital
78.27% 74.80% 75.58% 75.95% 75.37% 72.76% 77.41% 79.06% 79.39% 77.02%
Debt to EBITDA
-0.55 -0.52 -0.56 -0.67 -0.94 -1.24 -14.39 5.44 4.51 4.74
Net Debt to EBITDA
5.10 5.11 6.20 7.89 7.43 11.04 159.50 -69.56 -50.86 -58.51
Long-Term Debt to EBITDA
-0.55 -0.52 -0.56 -0.67 -0.94 -1.24 -14.39 5.44 4.51 4.74
Debt to NOPAT
-0.75 -0.72 -0.78 -0.95 -1.36 -1.81 -17.30 7.92 6.20 6.69
Net Debt to NOPAT
6.99 7.04 8.70 11.18 10.75 16.11 191.76 -101.37 -69.93 -82.64
Long-Term Debt to NOPAT
-0.75 -0.72 -0.78 -0.95 -1.36 -1.81 -17.30 7.92 6.20 6.69
Altman Z-Score
0.38 0.22 0.64 0.81 1.06 1.03 1.49 1.30 1.73 1.34
Noncontrolling Interest Sharing Ratio
0.10% 0.32% 0.23% 0.25% 0.22% 0.25% 0.23% 0.22% 0.22% 0.27%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.38 1.26 1.30 1.29 1.45 1.26 1.16 0.96 0.80 0.82
Quick Ratio
1.07 0.97 1.14 1.16 1.29 1.14 1.06 0.87 0.68 0.71
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
558 689 601 472 -282 -267 68 206 744 728
Operating Cash Flow to CapEx
-5,702.00% 2,123.34% 5,620.21% 2,946.84% -17,738.32% 4,865.09% 10,661.56% 6,574.33% -6,610.38% 5,086.08%
Free Cash Flow to Firm to Interest Expense
91.17 112.31 97.94 77.15 -46.05 -42.99 11.51 34.42 127.97 120.80
Operating Cash Flow to Interest Expense
-89.51 24.68 67.59 27.05 -187.48 47.75 107.48 82.98 -86.01 57.55
Operating Cash Flow Less CapEx to Interest Expense
-91.08 23.51 66.38 26.13 -188.54 46.77 106.47 81.72 -87.31 56.42
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.93 1.01 1.01 1.07 1.42 1.44 1.47 1.51 2.10 2.17
Accounts Receivable Turnover
20.81 22.34 25.98 27.03 25.68 28.07 24.71 24.46 32.37 35.49
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
69.38 74.44 79.17 87.11 91.57 96.26 104.16 113.90 127.74 142.59
Accounts Payable Turnover
15.76 12.32 8.90 10.06 10.79 0.00 20.56 22.08 16.96 0.00
Days Sales Outstanding (DSO)
17.54 16.34 14.05 13.50 14.21 13.00 14.77 14.92 11.28 10.28
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
23.15 29.63 41.01 36.29 33.84 0.00 17.75 16.53 21.52 0.00
Cash Conversion Cycle (CCC)
-5.61 -13.29 -26.96 -22.79 -19.63 13.00 -2.98 -1.61 -10.24 10.28
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
-1,673 -2,016 -2,397 -2,544 -1,431 -1,850 -2,280 -2,688 -2,209 -2,682
Invested Capital Turnover
-2.61 -2.49 -2.14 -2.15 -3.50 -3.03 -2.79 -2.76 -4.51 -4.05
Increase / (Decrease) in Invested Capital
-693 -845 -619 -477 242 165 117 -144 -778 -831
Enterprise Value (EV)
-1,696 -2,378 -1,912 -1,734 -1,115 -585 50 -73 1,759 -372
Market Capitalization
1,059 528 1,415 1,760 1,236 2,069 3,362 3,753 5,131 3,323
Book Value per Share
$5.10 $4.15 $4.30 $4.35 $4.14 $3.56 $4.46 $4.80 $4.81 $4.10
Tangible Book Value per Share
$5.10 $4.15 $4.30 $4.35 $4.14 $3.56 $4.46 $4.80 $4.81 $4.10
Total Capital
1,382 1,190 1,230 1,250 1,220 1,105 1,333 1,440 1,465 1,316
Total Debt
298 298 298 298 299 299 299 299 299 300
Total Long-Term Debt
298 298 298 298 299 299 299 299 299 300
Net Debt
-2,757 -2,908 -3,328 -3,496 -2,353 -2,657 -3,314 -3,828 -3,375 -3,698
Capital Expenditures (CapEx)
9.62 7.13 7.38 5.62 6.48 6.10 5.95 7.56 7.57 6.82
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1,753 -2,098 -2,485 -2,629 -1,513 -1,928 -2,363 -2,774 -2,297 -2,770
Debt-free Net Working Capital (DFNWC)
1,079 858 950 948 931 632 484 -143 -587 -618
Net Working Capital (NWC)
1,079 858 950 948 931 632 484 -143 -587 -618
Net Nonoperating Expense (NNE)
59 71 22 11 25 48 7.04 6.34 21 50
Net Nonoperating Obligations (NNO)
-2,757 -2,908 -3,328 -3,496 -2,353 -2,657 -3,314 -3,828 -3,375 -3,698
Total Depreciation and Amortization (D&A)
5.25 2.27 -2.19 1.06 1.80 1.42 1.78 1.80 0.96 1.51
Debt-free, Cash-free Net Working Capital to Revenue
-50.58% -52.94% -55.70% -52.96% -27.89% -32.89% -36.15% -38.36% -27.95% -30.18%
Debt-free Net Working Capital to Revenue
31.13% 21.64% 21.29% 19.10% 17.15% 10.78% 7.41% -1.97% -7.14% -6.73%
Net Working Capital to Revenue
31.13% 21.64% 21.29% 19.10% 17.15% 10.78% 7.41% -1.97% -7.14% -6.73%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.91) ($1.05) ($0.18) ($0.07) ($0.29) ($0.68) $0.77 $0.24 ($0.22) ($0.68)
Adjusted Weighted Average Basic Shares Outstanding
212.82M 212.48M 216.91M 219.40M 223.10M 221.66M 231.44M 238.67M 243.11M 240.39M
Adjusted Diluted Earnings per Share
($0.91) ($1.05) ($0.18) ($0.07) ($0.29) ($0.68) $0.62 $0.20 ($0.22) ($0.50)
Adjusted Weighted Average Diluted Shares Outstanding
212.82M 212.48M 216.91M 219.40M 223.10M 221.66M 293.80M 303.97M 243.11M 265.85M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
214.76M 216.30M 218.35M 221.91M 226.11M 229.73M 237.22M 241.91M 247.27M 250.57M
Normalized Net Operating Profit after Tax (NOPAT)
-135 -156 -18 -4.57 -41 -102 185 63 -34 -103
Normalized NOPAT Margin
-13.76% -15.65% -1.21% -0.30% -2.83% -7.11% 8.61% 2.82% -1.40% -4.32%
Pre Tax Income Margin
-19.95% -22.84% -2.56% -0.94% -4.50% -10.52% 8.33% 2.75% -2.16% -6.42%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-30.86 -36.05 -5.13 -1.33 -9.57 -23.23 31.24 11.17 -8.00 -24.50
NOPAT to Interest Expense
-21.98 -25.38 -2.89 -0.75 -6.65 -16.38 31.26 10.46 -5.82 -17.16
EBIT Less CapEx to Interest Expense
-32.43 -37.21 -6.33 -2.25 -10.63 -24.21 30.23 9.91 -9.30 -25.64
NOPAT Less CapEx to Interest Expense
-23.55 -26.55 -4.10 -1.66 -7.71 -17.36 30.26 9.20 -7.12 -18.29
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Oscar Health's Financials

When does Oscar Health's financial year end?

According to the most recent income statement we have on file, Oscar Health's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Oscar Health's net income changed over the last 5 years?

Oscar Health's net income appears to be on a downward trend, with a most recent value of $26.12 million in 2024, falling from -$261.18 million in 2019. The previous period was -$270.59 million in 2023.

What is Oscar Health's operating income?
Oscar Health's total operating income in 2024 was $57.27 million, based on the following breakdown:
  • Total Gross Profit: $9.18 billion
  • Total Operating Expenses: $9.12 billion
How has Oscar Health revenue changed over the last 5 years?

Over the last 5 years, Oscar Health's total revenue changed from $488.19 million in 2019 to $9.18 billion in 2024, a change of 1,779.9%.

How much debt does Oscar Health have?

Oscar Health's total liabilities were at $3.82 billion at the end of 2024, a 36.8% increase from 2023, and a 109.8% increase since 2020.

How much cash does Oscar Health have?

In the past 4 years, Oscar Health's cash and equivalents has ranged from $826.33 million in 2020 to $1.87 billion in 2023, and is currently $1.53 billion as of their latest financial filing in 2024.

How has Oscar Health's book value per share changed over the last 5 years?

Over the last 5 years, Oscar Health's book value per share changed from 0.00 in 2019 to 4.10 in 2024, a change of 409.9%.

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This page (NYSE:OSCR) was last updated on 4/16/2025 by MarketBeat.com Staff
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