INNV (InnovAge Holding) Operating Margin %: -11.54% (As of Mar. 2026)


INNV InnovAge Holding Corp INNV
72 GF Score
Price $10.35
GF Value $6.52
Valuation Significantly Overvalued
! 5 Warning Signs
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What is InnovAge Holding Operating Margin %?

InnovAge Holding INNV +7.03% 72 Operating Margin % is -11.54% as of Mar. 2026. GuruFocus rates INNV with a GF Score™ of 72/100 and a GF Value™ of $6.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 668 Healthcare Providers & Services companies, InnovAge Holding ranks worse than 68.11% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. InnovAge Holding's Operating Income for the three months ended in Mar. 2026 was $-29.1 Mil. InnovAge Holding's Revenue for the three months ended in Mar. 2026 was $251.9 Mil. Therefore, InnovAge Holding's Operating Margin % for the quarter that ended in Mar. 2026 was -11.54%.

The historical rank and industry rank for InnovAge Holding's Operating Margin % or its related term are showing as below:

INNV' s Operating Margin % Range Over the Past 10 Years
Min: -7.18   Med: -1.72   Max: 9.1
Current: -0.47


INNV's Operating Margin % is ranked worse than
68.11% of 668 companies
in the Healthcare Providers & Services industry
Industry Median: 4.845 vs INNV: -0.47

InnovAge Holding's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

InnovAge Holding's Operating Income for the three months ended in Mar. 2026 was $-29.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-4.5 Mil.


InnovAge Holding  (NAS:INNV) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


InnovAge Holding Operating Margin % Related Terms


InnovAge Holding Operating Margin % Historical Data

* Premium members only.

The historical data trend for InnovAge Holding's Operating 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.

InnovAge Holding Operating Margin % Chart

InnovAge Holding Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Margin %
Get a 7-Day Free Trial -1.72 -0.63 -7.18 -3.03 -1.89

InnovAge Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.66 1.34 3.55 5.53 -11.54

INNV vs USPH, AMN, NUTX: Operating Margin % Comparison

For the Medical Care Facilities subindustry, InnovAge Holding's Operating Margin %, along with its competitors' market caps and Operating 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.


InnovAge Holding Operating Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, InnovAge Holding's Operating Margin % distribution charts can be found below:

* The bar in red indicates where InnovAge Holding's Operating Margin % falls into.


INNV
72GF Score
InnovAge Holding Corp INNV
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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InnovAge Holding Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

InnovAge Holding's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=-16.146 / 853.699
=-1.89 %

InnovAge Holding's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-29.079 / 251.943
=-11.54 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -11.54% mean?
InnovAge Holding (INNV) has a Operating Margin % of -11.54% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on InnovAge Holding and its competitors. According to the industry distribution chart, InnovAge Holding ranks #455 out of 668 companies in the Healthcare Providers & Services industry, placing it in the top 68.1%.
Is InnovAge Holding's Operating Margin % too high?
InnovAge Holding's current Operating Margin % is -11.54%. Based on the distribution chart, InnovAge Holding ranks #455 out of 668 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, InnovAge Holding has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does InnovAge Holding's Operating Margin % compare to USPH and AMN?
According to the Healthcare Providers & Services industry distribution chart, InnovAge Holding ranks #455 out of 668 companies for Operating Margin %. This places InnovAge Holding in the lower half of its industry. The industry median Operating Margin % is 4.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Healthcare Providers & Services company?
The median Operating Margin % among Healthcare Providers & Services companies is 4.85, based on 668 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on InnovAge Holding and its competitors. For the Healthcare Providers & Services industry, the median Operating Margin % is 4.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InnovAge Holding's current Operating Margin % is -11.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InnovAge Holding stock overvalued right now?
Based on GuruFocus' analysis, InnovAge Holding (INNV) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.52, compared to a current price of $10.35 — trading 58.7% above its estimated fair value. The current Operating Margin % is -11.54%. InnovAge Holding's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For InnovAge Holding (INNV), the current Operating Margin % is -11.54% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is InnovAge Holding (INNV) Overvalued in 2026?

Based on GuruFocus' analysis, InnovAge Holding stock appears to be overvalued. The current stock price of $10.35 is trading 58.7% above its estimated GF Value™ of $6.52. GuruFocus considers InnovAge Holding to be Significantly Overvalued.

Key valuation signals for INNV:

  • Operating Margin %: -11.54%
  • GF Value™: $6.52 vs. price of $10.35 (58.7% above fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the INNV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


InnovAge Holding Business Description

Address 8950 East Lowry Boulevard, Denver, CO, USA, 80230
InnovAge Holding Corp is a healthcare delivery platform comprising multiple participants focused on providing all-inclusive, capitated care to high-cost seniors, many of whom are dual-eligible. Its programs are designed to address two of the pressing challenges facing the U.S. healthcare industry: rising costs and poor outcomes. The purpose of the participant-centered care delivery approach is to improve the quality of care participants receive, while keeping them in their homes for as long as possible and reducing the overutilization of high-cost care settings, such as hospitals and nursing homes. The company manages its business as one reportable segment, PACE.
72GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.35
Price
$6.52
GF Value