Clover Health Investments (STU:7QD) 3-Year Revenue Growth Rate : 36.30% (As of Mar. 2024)

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What is Clover Health Investments 3-Year Revenue Growth Rate?

Clover Health Investments's Revenue per Share for the three months ended in Mar. 2024 was €0.56.

During the past 12 months, Clover Health Investments's average Revenue per Share Growth Rate was -38.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 36.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 5 years, the highest 3-Year average Revenue per Share Growth Rate of Clover Health Investments was 85.50% per year. The lowest was 36.30% per year. And the median was 60.90% per year.

Competitive Comparison of Clover Health Investments's 3-Year Revenue Growth Rate

For the Healthcare Plans subindustry, Clover Health Investments's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Clover Health Investments's 3-Year Revenue Growth Rate Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Clover Health Investments's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Clover Health Investments's 3-Year Revenue Growth Rate falls into.

Clover Health Investments 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Clover Health Investments (STU:7QD) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Clover Health Investments 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Clover Health Investments's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Clover Health Investments (STU:7QD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Clover Health Investments Corp (STU:7QD) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

BHG PFHO MRAI OSCR ALHC UNH ELV CI CVS HUM CNC MOH SZSE:000503 BSP:ODPV3 BSP:QUAL3 ROCO:6665 MIL:HI TSXV:NXG

Traded in Other Exchanges

CLOV:USA

Address

3401 Mallory Lane, Suite 210, Franklin, TN, USA, 37067

Website

https://www.cloverhealth.com

Clover Health Investments Corp is a healthcare technology company. It uses its proprietary technology platform to collect, structure, & analyze health & behavioral data to improve medical outcomes & lower costs for patients. The Group has two operating segments. The insurance segment provides PPO(Preferred provider Organization) & HMO(Health Maintenance Organization) plans to Medicare Advantage members in several states & seeks to improve care & lower costs which generally provide access to a wide network of primary care providers, specialists, & hospitals. Non-insurance segment includes the Company's operations relating to CMS' DC (Direct Contracting) Model, which provides options aimed at reducing expenditures & preserving or enhancing the quality of care for beneficiaries.

Clover Health Investments (STU:7QD) Headlines

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