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InnovAge Holding Corp. INNV R2KPHARMA

Healthcare · Medical Care Facilities · United States
https://www.innovage.com
Company Profile ↓
$10.75
+193.72% 1Y
Mkt Cap$1.46B
P/E-134.38
P/B6.62
52W High$12.11
52W Low$3.43
Book Value$1.69
EPS (TTM)$-0.08

Company Overview

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. The company also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to and from the PACE center and third-party medical appointments; and care management. It serves participants in the United States; and operates PACE centers in Colorado, California, New Mexico, Pennsylvania, Florida, and Virginia. The company was formerly known as TCO Group Holdings, Inc. and changed its name to InnovAge Holding Corp. in January 2021. InnovAge Holding Corp. was founded in 1989 and is headquartered in Denver, Colorado.

Why Investors Should Care

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.36.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Jun 2025 Revenue of $853.70M (+11.8% YoY); net profit $-30.31M.
  • Trailing 12 Months Year-on-year growth — revenue +15.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR 6.9%, profit CAGR -121.6%.

Growth & Price Performance

Compounded Sales Growth

5 Years:6.91%
1 Year:15.50%

Compounded Profit Growth

5 Years:-121.62%
1 Year:-

Stock Price Performance

1 Year:+193.72%
6 Months:+19.71%
3 Months:+47.26%
1 Month:-2.09%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 84% of range
$3.43 $12.11
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMAAbove
  • RSI (14)46.60 · Neutral
Price Performance
1M-2.09%
3M+47.26%
6M+19.71%
1Y+193.72%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Earnings shrank at -121.6% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-134.38
Industry PE
25.17
Forward P/E
26.22
PEG Ratio
-
Book Value
$1.69
Price to Book
6.62
P/S
1.60
EV/EBITDA
63.07
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
6.91%
Profit 5Y
-121.62%
Revenue (YoY)
15.50%
Earnings (YoY)
-

Profitability & Returns

ROCE
-4.46%
ROE
-5.88%
ROA
0.65%
Profit Margin
-1.22%
Op Margin
-11.54%
Gross Margin
68.35%
EPS (Latest Qtr)
$-0.22
EPS (TTM)
$-0.08

Balance Sheet & Liquidity

Debt/Equity
0.36
Quick Ratio
0.87
Current Ratio
1.03
Debt
$93.85M
Total Assets
$547.39M
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
84.32%
Chg in Prom Hold
0.03%
FII / Inst Holding
14.97%
Chg in FII Hold
-0.57%

Financial Snapshot

Enterprise Value
$1.46B
Total Revenue (TTM)
$949.17M
EBITDA
$23.83M
Free Cash Flow
$55.53M
Operating Cash Flow
$52.43M
Shares Outstanding
135.74M
Gross Margin
68.35%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 INNV InnovAge Holding Corp. R2KPHARMA 10.75 -134.38 $1.46B 0.00% -4.46% -5.88% 6.91% -121.62%
2 LLY Eli Lilly and Company SPXR3KPHARMA 1,149.36 38.57 $1.02T 0.58% - 102.29% 7.20% 11.41%
3 JNJ Johnson & Johnson SPXR3KPHARMA 275.23 31.97 $663.28B 2.09% 14.88% 25.74% 2.43% 4.76%
4 ABBV AbbVie Inc. SPXR3KPHARMA 256.46 72.45 $453.19B 2.84% 10.47% -129.24% 1.75% -29.06%
5 MRK Merck & Co., Inc. SPXR3KPHARMA 150.33 120.26 $371.29B 2.65% - 34.70% 5.64% 10.01%
6 UNH UnitedHealth Group Incorporated SPXR3KPHARMA 397.14 25.54 $356.47B 2.33% 9.74% 14.15% 10.40% 5.43%
7 NVS Novartis AG PHARMA 159.99 24.20 $304.10B 3.03% 21.09% 30.35% 9.25% 26.22%
8 AZN AstraZeneca PLC NDXPHARMA 162.70 24.36 $252.33B 1.98% 15.97% 21.96% 9.82% 45.96%
9 AMGN Amgen Inc. NDXSPXR3KPHARMA 437.23 27.14 $235.98B 2.49% 13.95% 91.47% 5.51% 5.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2020Sep 2020Dec 2020Mar 2021Sep 2021Dec 2021Mar 2022Sep 2022Dec 2022Mar 2023Sep 2023Dec 2023Mar 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 144.77M152.57M157.31M156.31M173.07M175.35M177.36M171.22M167.46M172.54M182.49M188.90M193.07M205.14M-218.14M221.42M236.10M239.71M251.94M
Cost of Revenue ---------------177.40M180.13M184.75M186.88M190.92M
Gross Profit ------28.00M21.42M22.57M28.79M27.88M33.61M34.00M34.54M-40.75M41.29M51.36M52.83M61.02M
Operating Expenses ---------------50.91M38.32M42.96M39.56M90.10M
Operating Income 12.97M-38.18M20.54M-5.37M11.66M2.95M-6.67M-16.60M-13.68M-8.17M-10.72M-1.78M-5.79M-4.90M--10.16M2.97M8.39M13.26M-29.08M
EBITDA ----------------4.51M85.00K14.25M18.58M-23.96M
Interest Expense ---------------1.16M893.00K1.25M1.25M988.00K
Pretax Income ----------------11.06M-4.20M7.92M12.46M-29.77M
Tax Provision ---------------72.00K807.00K247.00K651.00K167.00K
Net Income 8.14M-49.65M9.71M-10.51M7.69M1.32M-2.82M-13.07M-9.79M-6.63M-10.30M-3.45M-5.89M-4.93M--11.38M-785.00K8.02M10.62M-29.46M
Diluted EPS 0.06-0.410.08-0.090.060.01-0.02-0.10-0.07-0.05-0.08-0.03-0.04-0.04--0.08-0.010.060.08-0.22

Profit & Loss (Annual)

Figures in USD.

Metric Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Revenue 567.19M637.80M698.64M688.09M763.86M853.70M
Cost of Revenue --563.27M586.80M631.79M700.06M
Gross Profit --135.37M101.29M132.06M153.64M
Operating Expenses --139.78M150.68M155.24M169.78M
Operating Income 50.93M-12.34M-4.41M-49.40M-23.18M-16.15M
EBITDA --9.21M-33.85M1.15M-9.90M
Interest Expense --2.53M1.52M4.02M4.61M
Pretax Income ---7.24M-50.79M-21.82M-34.03M
Tax Provision --723.00K-7.24M1.40M1.32M
Net Income 26.28M-43.99M-6.52M-40.67M-21.34M-30.31M
Diluted EPS 0.19-0.36-0.05-0.30-0.16-

Balance Sheet (Annual)

Figures in USD.

Metric Mar 2019Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Total Assets --409.63M531.75M555.60M567.36M547.66M526.85M
Total Equity -81.44M101.02M334.56M332.36M296.30M269.26M234.97M
Cash & Equivalents 9.00M-112.90M201.47M184.43M127.25M56.95M64.13M
Long Term Debt --210.43M71.57M68.21M64.84M61.48M57.46M
Total Liabilities --301.88M173.79M201.85M252.56M247.85M263.94M
Current Liabilities --76.63M78.56M105.31M148.45M138.60M164.81M

Cash Flows (Annual)

Figures in USD.

Metric Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Operating Cash Flow 43.83M-7.55M27.30M20.24M-36.90M32.87M
Investing Cash Flow -11.69M-19.54M-40.24M-69.52M-26.37M-5.55M
Financing Cash Flow 21.23M116.22M-6.32M-7.90M-7.03M-19.08M
Capital Expenditure -11.84M-17.54M-38.24M-23.35M-7.91M-6.26M
Free Cash Flow 31.98M-25.09M-10.94M-3.12M-44.81M26.60M
Share Buybacks -77.60M----
Dividends Paid -9.50M----

Ratios (Annual)

Figures in %.

Metric Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Gross Margin % --19.4%14.7%17.3%18.0%
Operating Margin % 9.0%-1.9%-0.6%-7.2%-3.0%-1.9%
Net Margin % 4.6%-6.9%-0.9%-5.9%-2.8%-3.6%
ROE % 26.0%-13.1%-2.0%-13.7%-7.9%-12.9%
ROCE % 15.3%-2.7%-1.0%-11.8%-5.7%-4.5%

Shareholding Pattern

Insiders
84.32%
Institutions
14.97%
Public Float
95.47%

Top Institutional Holders

#Holder% HeldSharesValue
1 T. Rowe Price Investment Management, Inc. 4.51% 6.12M $66.51M
2 Federated Hermes, Inc. 1.40% 1.90M $20.67M
3 Blackrock Inc. 1.10% 1.49M $16.18M
4 Vanguard Capital Management LLC 0.69% 935.26K $10.16M
5 Arrowstreet Capital, Limited Partnership 0.49% 668.74K $7.26M
6 Algert Global, LLC 0.46% 630.52K $6.85M
7 Geode Capital Management, LLC 0.44% 602.13K $6.54M
8 State Street Corporation 0.34% 461.66K $5.01M
9 Dimensional Fund Advisors LP 0.32% 439.96K $4.78M
10 Acadian Asset Management. LLC 0.29% 390.85K $4.24M

Analyst View

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Latest News

Recent headlines for INNV

Google News Mon, 07 Sep 2026

Why (INNV) Price Action Is Critical for Tactical Trading - Stock Traders Daily

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Google News ue, 01 Sep 2026

InnovAge Holding Corp. (INNV) Reports Next Week: Wall Street Expects Earnings Growth - Yahoo Finance

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Google News Fri, 04 Sep 2026

BlackRock Inc. Takes Position in InnovAge Holding Corp. $INNV - marketbeat.com

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Google News Sat, 05 Sep 2026

InnovAge stock holds after earnings call calendar points to September 8 - ad-hoc-news.de

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Google News Fri, 03 Apr 2026

Down 28%, Is InnovAge Stock a Buy Now? - Trefis

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Google News hu, 02 Jul 2026

InnovAge: A Real Turnaround, But The Stock Now Trades Above Every Analyst Target - Seeking Alpha

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INNV — Frequently Asked Questions

What is the current share price of InnovAge Holding Corp. (INNV)?

As of 2026-09-07 16:24 PDT, InnovAge Holding Corp. (INNV) trades at $10.75 on NasdaqGS. Its 52-week range is $3.43 to $12.11.

What is the market capitalisation of INNV?

InnovAge Holding Corp. (INNV) has a market capitalisation of $1.46B on NasdaqGS.

What is the P/E ratio of INNV?

INNV trades at a trailing price-to-earnings (P/E) ratio of -134.38. The industry average P/E is 25.17. Its price-to-book (P/B) ratio is 6.62.

What is the return on equity (ROE) of INNV?

INNV has a return on equity (ROE) of -5.88%. Its return on capital employed (ROCE) is -4.46%.

Is INNV a good stock to buy?

This page provides a data-driven analysis of InnovAge Holding Corp. (INNV), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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