Oscar Health (Oscar Health) Net Margin % : -10.48% (As of Dec. 2023)

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What is Oscar Health Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Oscar Health's Net Income for the three months ended in Dec. 2023 was $-150 Mil. Oscar Health's Revenue for the three months ended in Dec. 2023 was $1,432 Mil. Therefore, Oscar Health's net margin for the quarter that ended in Dec. 2023 was -10.48%.

The historical rank and industry rank for Oscar Health's Net Margin % or its related term are showing as below:

OSCR' s Net Margin % Range Over the Past 10 Years
Min: -69 Med: -29.81 Max: -4.62
Current: -4.62

OSCR's Net Margin % is ranked worse than
71.43% of 21 companies
in the Healthcare Plans industry
Industry Median: 1.82 vs OSCR: -4.62

Oscar Health Net Margin % Historical Data

The historical data trend for Oscar Health's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Oscar Health Net Margin % Chart

Oscar Health Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-47.16

-69.00

-29.81

-14.70

-4.62

Oscar Health Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial												-21.78	-2.71	-1.02	-4.54	-10.48

Competitive Comparison of Oscar Health's Net Margin %

For the Healthcare Plans subindustry, Oscar Health's Net Margin %, along with its competitors' market caps and Net Margin % 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.

Oscar Health's Net Margin % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Oscar Health's Net Margin % distribution charts can be found below:

* The bar in red indicates where Oscar Health's Net Margin % falls into.

Oscar Health Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Oscar Health's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-270.728	/	5861.867
	=	-4.62 %

Oscar Health's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-150.03	/	1431.632
	=	-10.48 %

Oscar Health (NYSE:OSCR) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Oscar Health Net Margin % Related Terms

Thank you for viewing the detailed overview of Oscar Health's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Oscar Health (Oscar Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Oscar Health Inc (NYSE:OSCR) » Definitions » Net Margin %

Comparable Companies

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

Traded in Other Exchanges

N/A

Address

75 Varick Street, 5th Floor, New York, NY, USA, 10013

Website

https://www.hioscar.com

Oscar Health Inc is a health insurance company. The company provides various insurance plans for individuals, families, and employees. Also, the company provides virtual care, doctor support, scheduling appointments, and other related services. The company provides plans in the Medicare Advantage program to adults who are age 65 and older and eligible for traditional Medicare but who instead select coverage through a private market plan.

Executives

Alessandrea C. Quane	officer: EVP, Chief Insurance Officer	175 WATER STREET, NEW YORK NY 10038
Richard Scott Blackley	officer: Chief Financial Officer	1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Ranmali Bopitiya	officer: EVP & Chief Legal Officer	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Victoria Baltrus	officer: Chief Accounting Officer	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Mario Schlosser	director, officer: Chief Executive Officer	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Sid Sankaran	director, officer: Chief Financial Officer	180 MAIDEN LANE, NEW YORK NY 10038
Alphabet Inc.	10 percent owner	1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Mark T Bertolini	director, officer: Chief Executive Officer	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
William Gassen	director	75 VARICK STREET, 5TH FLOOR, NEW YORK CITY NY 10013
Laura W Lang	director	DIGITAS INC., 800 BOYLSTON STREET, BOSTON MA 02199
Dennis Weaver	officer: Chief Clinical Officer	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Meghan V. Joyce	officer: Chief Operating Officer	THE BOSTON BEER COMPANY, INC., ONE DESIGN CENTER PL., STE. 850, BOSTON MA 02210
Thrive Partners Vii Growth Gp, Llc	10 percent owner	295 LAFAYETTE STREET, NEW YORK NY 10012
Joshua Kushner	director, 10 percent owner, officer: See Remarks	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Thrive Partners Vii Gp, Llc	10 percent owner	295 LAFAYETTE STREET, NEW YORK NY 10012