Evolent Health Inc (EVH) — Tangible Net Worth Ratio

Latest as of March 2026: -43.7%

Evolent Health Inc (EVH) has a Tangible Net Worth Ratio of -43.7% as of March 2026. This metric is calculated by deducting intangible assets ($569.68 Million) from net assets ($396.39 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital to net assets of Evolent Health Inc to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-43.7%
Tangible equity / total equity

Net Assets (Equity)

$396.39 Million
USD

Intangible Assets

$569.68 Million
Goodwill, patents, brand value

Total Assets

$1.88 Billion
USD

Evolent Health Inc Tangible Net Worth Ratio (2012–2025)

This chart shows how Evolent Health Inc's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2025. As of March 2026, the ratio stands at -43.7%, reflecting net assets of $396.39 Million with intangible assets of $569.68 Million USD. See Evolent Health Inc (EVH) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Evolent Health Inc (2012–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Evolent Health Inc from 2012 to 2025, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of Evolent Health Inc.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 -40.9% $415.19 Million $584.94 Million $1.90 Billion ▼ -73.0 pp
2024 32.1% $1.00 Billion $680.16 Million $2.54 Billion ▲ +2.5 pp
2023 29.6% $1.07 Billion $752.01 Million $2.68 Billion ▼ -18.9 pp
2022 48.5% $859.42 Million $442.78 Million $1.82 Billion ▼ -11.2 pp
2021 59.7% $693.63 Million $279.78 Million $1.42 Billion ▲ +2.4 pp
2020 57.2% $619.60 Million $264.99 Million $1.47 Billion ▼ -9.6 pp
2019 66.8% $929.05 Million $308.46 Million $1.50 Billion ▼ -5.0 pp
2018 71.8% $1.19 Billion $335.04 Million $1.72 Billion ▼ -5.1 pp
2017 76.9% $1.05 Billion $241.26 Million $1.31 Billion ▲ +5.3 pp
2016 71.6% $912.11 Million $258.92 Million $1.20 Billion ▼ -10.9 pp
2015 82.5% $934.58 Million $163.15 Million $1.02 Billion ▼ -12.4 pp
2013 94.9% $31.04 Million $1.57 Million $101.97 Million ▲ +36.6 pp
2012 58.4% $5.20 Million $2.17 Million $16.30 Million
pp = percentage points