InnovAge Holding Corp.
INNVHealthcareNASDAQMedical Care Facilities
Scan Results
Daily timeframePart of the healthcare sector, InnovAge Holding Corp. (INNV) is listed under Medical Care Facilities. The $1.56B market capitalization puts INNV squarely in small-cap range for its industry. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach.
Market Cap
$1.56B
Beta
0.35
P/E (TTM)
—
P/E (Fwd)
30.26
EPS (TTM)
$-0.08
EPS (Fwd)
$0.38
ROE
-5.9%
ROA
0.7%
Cash
$138.6M
Total Debt
$93.8M
Free CF
$55.5M
52W Change
192.6%
Annual Financials
Cash vs Debt
InnovAge Holding Corp. holds $138.6M in cash against $93.8M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow comes in at $55.5M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of -5.9% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 0.7% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $698.6M (2022) to $853.7M (2025), reflecting a 22% increase over the period.
INNV's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence InnovAge Holding Corp.'s trajectory.