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Astrana Health, Inc.

ASTHHealthcareNASDAQ

Medical Care Facilities

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Financials · Annual
Revenue
$3.18B
+56.4% YoY
Net Income
$22.5M
-47.9% YoY
EBITDA
$135.3M
-4.6% YoY
Free Cash Flow
$287.8M

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About Astrana Health, Inc.

Astrana Health, Inc., a healthcare management company, provides medical care services in the United States. At a $1.87B market cap, Astrana Health, Inc. ranks as a small-cap company within healthcare. The company operates through three segments: Care Partners, Care Delivery, and Care Enablement.

Key stats
Market Cap$1.87B
P/E (TTM)61.67
Fwd P/E11.03
EPS$0.61
Beta0.99
52W Change+53.5%
ROE5.7%
Analysis

The company holds $478.4M in cash, though total debt stands at $1.07B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Annual free cash flow of $287.8M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 5.7%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.6% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $1.14B (2022) to $3.18B (2025), reflecting a 178% increase over the period.

At over 50x earnings, ASTH carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing ASTH.

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