Claritev Corporation CTEV R2K
Claritev Corporation, together with its subsidiaries, provides data analytics and technology-enabled end-to-end cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers claims intelligence solutions, including reference-based pricing, negotiation services, surprise bill services, and Vistara; network solutions, such as primary networks, complementary networks, and network build and network management services; and payment and revenue integrity solutions comprising clinical negotiation, pre-payment integrity, post-payment integrity, and revenue integrity services. It also provides data and analytics solutions consists of PlanOptix, CompleteVue, BenInsights, risk scores, and supplemental carrier services. The company provides solutions to commercial healthcare payers, third party administrators, employers, brokers/consultants, providers, government healthcare payers and system integrators. It serves national and regional insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, TPAs, property and casualty insurers, bill review companies and other companies involved in the claims adjudication process. The company was formerly known as MultiPlan Corporation and changed its name to Claritev Corporation in February 2025. Claritev Corporation was founded in 1980 and is headquartered in McLean, Virginia.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Profit CAGR of 16.8% over 5 years.
- Generates positive free cash flow.
CONS
- Revenue declined at -3.7% CAGR over 5 years.
- Trading 65.4% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Healthcare).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | CTEV Claritev Corporation R2K | 25.12 | - | $428.24M | - | 0.41% | - | -3.66% | 16.79% |
| 2 | LLY Eli Lilly and Company SPX | 1,105.00 | 39.21 | $985.37B | 0.63% | 38.44% | 107.46% | 31.69% | 48.96% |
| 3 | JNJ Johnson & Johnson SPX | 225.33 | 26.11 | $542.42B | 2.38% | 23.13% | 26.42% | 5.60% | 14.32% |
| 4 | UNH UnitedHealth Group Incorporated SPX | 380.31 | 28.66 | $345.38B | 2.32% | 9.60% | 12.18% | 11.35% | -15.69% |
| 5 | MRK Merck & Co., Inc. SPX | 118.72 | 33.44 | $293.22B | 2.86% | 20.66% | 18.94% | 3.12% | 7.93% |
| 6 | TMO Thermo Fisher Scientific Inc. SPX | 492.51 | 27.11 | $183.03B | 0.38% | 9.17% | 13.52% | -0.27% | -1.19% |
| 7 | AMGN Amgen Inc. NDXSPX | 336.79 | 23.42 | $181.77B | 2.99% | 18.02% | 101.32% | 11.77% | 5.58% |
| 8 | GILD Gilead Sciences, Inc. NDXSPX | 134.43 | 18.29 | $166.90B | 2.44% | 22.92% | 43.36% | 2.57% | 22.83% |
| 9 | ISRG Intuitive Surgical, Inc. NDXSPXAI | 424.64 | 51.53 | $150.39B | - | 15.96% | 17.23% | 17.39% | 29.26% |
Quarterly Results
Figures in USD.
| Metric | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 245.02M | 245.65M | 245.82M | 246.40M | 252.02M | 206.88M | 223.52M | 255.34M | 254.86M | 276.27M | 288.21M | 298.05M | 290.13M | 250.45M | 236.59M | 237.99M | 242.80M | 234.51M | 233.48M | - | - | 231.33M | 241.57M | 245.96M | 246.55M | 244.68M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 77.20M | 79.13M | 82.31M | 78.03M | 80.81M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 154.13M | 162.44M | 163.65M | 168.52M | 163.87M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 140.72M | 145.86M | 153.59M | 159.85M | 157.19M |
| Operating Income | 85.10M | 99.32M | 81.11M | 102.68M | 87.62M | 20.27M | -199.50M | -40.20M | 82.27M | 89.80M | 104.45M | 116.64M | 97.77M | 36.40M | 46.94M | 34.71M | 39.52M | -486.44M | -523.93M | - | - | 13.41M | 16.58M | 10.07M | 8.67M | 6.68M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 113.31M | 128.83M | 120.49M | 104.77M | 118.47M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 91.64M | 99.75M | 101.23M | 99.41M | 99.54M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -89.87M | -82.93M | -93.36M | -106.92M | -92.72M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -18.55M | -20.29M | -23.61M | -26.35M | -19.16M |
| Net Income | -8.36M | 868.00K | 5.36M | 11.84M | -2.59M | -56.25M | -288.40M | -173.32M | 45.88M | -46.93M | 78.20M | 43.98M | 13.51M | 19.74M | 209.00K | -36.37M | -24.14M | -539.69M | -576.73M | - | - | -71.32M | -62.64M | -69.75M | -80.57M | -73.56M |
| Diluted EPS | - | - | - | - | -0.01 | -0.14 | -0.69 | - | 0.07 | -0.07 | 0.12 | 0.07 | 0.02 | 0.03 | 0.00 | -0.06 | -1.49 | -33.40 | -35.78 | - | - | -4.38 | -3.81 | -4.23 | -4.88 | -4.41 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.04B | 982.90M | 937.76M | 1.12B | 1.08B | 961.52M | 930.62M | 965.41M |
| Cost of Revenue | - | - | - | - | 204.10M | 295.62M | 303.45M | 316.37M |
| Gross Profit | - | - | - | - | 875.62M | 665.90M | 627.17M | 649.05M |
| Operating Expenses | - | - | - | - | 541.44M | 494.98M | 518.92M | 603.99M |
| Operating Income | 427.54M | 368.21M | -131.82M | 386.12M | 334.18M | 170.92M | 108.26M | 45.06M |
| EBITDA | - | - | - | - | 158.32M | 651.93M | -1.01B | 467.40M |
| Interest Expense | - | - | - | - | 303.40M | 333.21M | 326.37M | 392.02M |
| Pretax Income | - | - | - | - | -560.74M | -107.06M | -1.77B | -373.08M |
| Tax Provision | - | - | - | - | 12.17M | -15.36M | -124.88M | -88.80M |
| Net Income | 36.22M | 9.71M | -520.56M | 102.08M | -572.91M | -91.70M | -1.65B | -284.28M |
| Diluted EPS | - | 0.02 | -1.11 | 0.16 | -36.00 | -5.69 | -101.92 | -17.30 |
Compounded Sales Growth
| 5 Years: | -3.66% |
| 1 Year: | 5.80% |
Compounded Profit Growth
| 5 Years: | 16.79% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -34.67% |
| 6 Months: | -51.89% |
| 3 Months: | +86.49% |
| 1 Month: | +8.93% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 8.36B | 8.28B | - | 7.37B | 6.96B | 5.15B | 4.89B |
| Current Assets | - | - | - | - | - | 446.74M | 193.59M | 175.51M | 224.37M |
| Cash & Equivalents | - | - | 21.82M | 126.75M | - | 334.05M | 71.55M | 16.85M | 16.81M |
| Inventory | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | 78.91M | 76.56M | 89.76M | 127.61M |
| Total Liabilities | - | - | 6.38B | 5.73B | - | 5.58B | 5.26B | 5.07B | 5.06B |
| Current Liabilities | - | - | 85.79M | 112.50M | - | 175.84M | 166.74M | 213.79M | 261.36M |
| Long Term Debt | - | - | - | - | - | 4.74B | 4.53B | 4.51B | 4.58B |
| Total Debt | - | - | - | - | - | 4.78B | 4.57B | 4.54B | 4.62B |
| Total Equity | 1.95B | 1.99B | 1.99B | 2.56B | - | 1.79B | 1.71B | 84.02M | -173.90M |
| Shares Outstanding | - | - | - | - | - | 16.66M | 16.70M | 16.93M | 17.30M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 292.30M | 284.31M | 377.37M | - | 372.36M | 171.72M | 107.62M | 117.32M |
| Investing Cash Flow | -63.56M | -66.41M | -210.84M | - | -104.45M | -249.79M | -118.12M | -121.02M |
| Financing Cash Flow | -245.15M | -201.09M | -61.60M | - | -115.74M | -180.99M | -41.31M | 2.36M |
| Capital Expenditure | -63.56M | -66.41M | -70.81M | - | -89.73M | -108.85M | -118.12M | -129.60M |
| Free Cash Flow | 228.75M | 217.90M | 306.56M | - | 282.63M | 62.87M | -10.51M | -12.28M |
| Net Change in Cash | - | - | - | - | 152.18M | -259.06M | -51.82M | -1.33M |
| Share Buybacks | 0 | 0 | 101.12M | 100.00M | 0 | 15.22M | 10.37M | 0 |
Ratios (Annual)
Figures in %.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | 81.1% | 69.3% | 67.4% | 67.2% |
| Operating Margin % | 41.1% | 37.5% | -14.1% | 34.5% | 31.0% | 17.8% | 11.6% | 4.7% |
| Net Margin % | 3.5% | 1.0% | -55.5% | 9.1% | -53.1% | -9.5% | -176.9% | -29.4% |
| ROE % | 1.8% | 0.5% | -20.4% | - | -32.0% | -5.4% | -1,958.8% | 163.5% |
| ROCE % | - | 4.4% | -1.6% | - | 4.6% | 2.5% | 2.2% | 1.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | H&F Corporate Investors VIII, Ltd. | 22.81% | 3.89M | $97.66M |
| 2 | Ares Management LLC | 10.93% | 1.86M | $46.80M |
| 3 | Arini Captial Management Ltd | 9.00% | 1.53M | $38.55M |
| 4 | Public Investment Fund | 7.52% | 1.28M | $32.19M |
| 5 | Beach Point Capital Management LP | 4.67% | 795.35K | $19.98M |
| 6 | Blackrock Inc. | 3.45% | 588.00K | $14.77M |
| 7 | CPV Partners, LLC | 2.91% | 495.26K | $12.44M |
| 8 | Vanguard Capital Management LLC | 2.52% | 430.07K | $10.80M |
| 9 | CASPIAN CAPITAL, LP | 2.09% | 356.25K | $8.95M |
| 10 | Prudential Financial, Inc. | 2.08% | 353.74K | $8.89M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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