CLOVClover Health Investments, Corp.

$4.81+39% 1Y

The business

How CLOV's business earns

Clover Health Investments, Corp. earns 15% on the capital it employs against an estimated 9.0% cost of capital.

15%

Return on invested capital · cost of capital 9.0% · 6.3 points above the estimated cost of capital

Operating margin
0.45%

Operating margin · Healthcare Plans median 2.7% · 12 months to Sep 30, 2026

Share count, year on year
+8.7%

Share count, year on year · more shares than a year ago

Operating margin by fiscal year
Operating margin by fiscal year
YearOperating margin
FY2020−14%
FY2021−43%
FY2022−26%
FY2023−16%
FY2024−3.3%
FY2025−4.4%
Details›
Operating margin12 months to Sep 30, 2026
0.45%
Net margin12 months to Sep 30, 2026
0.45%
Free cash flow margin
4.8%
Revenue, trailing twelve months
$2.74B
Free cash flow, trailing twelve months
$132M
Net income, trailing twelve months
$12M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
15%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.

Clover Health Investments (CLOV) Margins and Return on Capital · Ryufin