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Oscar Health, Inc.

OSCRHealthcareNASDAQ

Healthcare Plans

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Financials · Annual
Revenue
$11.70B
+27.5% YoY
Net Income
-$443.2M
-1842.5% YoY
Free Cash Flow
$1.63B

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About Oscar Health, Inc.

Headquartered within the healthcare sector, Oscar Health, Inc. focuses on Healthcare Plans services and products. Oscar Health, Inc. operates as a healthcare technology company in the United States. The company carries a $6.37B market cap, placing it firmly in the mid-cap category. The company offers health plans to individuals, families, employees, and small group markets.

Key stats
Market Cap$6.37B
Fwd P/E15.11
EPS$-0.54
Beta2.34
52W Change+49.4%
ROE-2.6%
Analysis

Oscar Health, Inc. holds $6.80B in cash against $482.2M 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 $1.63B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of -2.6% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 0.1% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $4.13B (2022) to $11.70B (2025), reflecting a 184% increase over the period.

Oscar Health, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing OSCR.

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