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OSCR (Oscar Health) 3-Year ROIIC % : -96.49% (As of Dec. 2023)


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What is Oscar Health 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Oscar Health's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -96.49%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Oscar Health's 3-Year ROIIC % or its related term are showing as below:

OSCR's 3-Year ROIIC % is ranked worse than
76.19% of 21 companies
in the Healthcare Plans industry
Industry Median: 3.82 vs OSCR: -96.49

Oscar Health 3-Year ROIIC % Historical Data

The historical data trend for Oscar Health's 3-Year ROIIC % 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.

* Premium members only.

Oscar Health 3-Year ROIIC % Chart

Oscar Health Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
- - - -230.76 -96.49

Oscar Health Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
3-Year ROIIC % 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 - -96.49 - - -

Competitive Comparison of Oscar Health's 3-Year ROIIC %

For the Healthcare Plans subindustry, Oscar Health's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Oscar Health's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Oscar Health's 3-Year ROIIC % falls into.



Oscar Health 3-Year ROIIC % Calculation

Oscar Health's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -245.6821731 (Dec. 2023) - -403.3118916 (Dec. 2020) )/( -59.69265 (Dec. 2023) - 103.66505 (Dec. 2020) )
=157.6297185/-163.3577
=-96.49%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Oscar Health  (NYSE:OSCR) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Oscar Health 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Oscar Health's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Oscar Health Business Description

Traded in Other Exchanges
N/A
Address
75 Varick Street, 5th Floor, New York, NY, USA, 10013
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
Mario Schlosser director, officer: Chief Executive Officer C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Ranmali Bopitiya officer: EVP & Chief Legal Officer C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Alessandrea C. Quane officer: EVP, Chief Insurance Officer 175 WATER STREET, NEW YORK NY 10038
Victoria Baltrus officer: Chief Accounting Officer C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Richard Scott Blackley officer: Chief Financial Officer 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
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 Growth Gp, Llc 10 percent owner 295 LAFAYETTE STREET, NEW YORK NY 10012
Robinson Elbert O. Jr. director 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