NYSE : CTEV
Claritev Corporation — Financial statements
Healthcare · Health Information Services · United States
Last price 24 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 406.74M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Claritev Corporation (CTEV) reported revenue of 994.67M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 994.67M | 965.41M | 930.62M | 961.52M | 1.08B | 1.12B |
| Cost of Revenue | 268.90M | 253.41M | 239.40M | 235.47M | 204.10M | 175.29M |
| Gross Profit | 725.77M | 712.00M | 691.22M | 726.06M | 875.62M | 942.31M |
| Selling, General & Admin | 186.31M | 176.56M | 150.89M | 135.12M | 132.14M | 141.45M |
| Amortization of Goodwill & Intangibles | 343.63M | 343.76M | 343.88M | 342.69M | 340.54M | 340.21M |
| Operating Expenses | 631.78M | 621.99M | 582.96M | 555.13M | 541.44M | 546.54M |
| Operating Income | 93.99M | 90.01M | 108.26M | 170.92M | 334.18M | 395.77M |
| Interest Expense | -400.44M | -392.02M | -326.37M | -333.21M | -303.40M | -267.48M |
| Interest & Investment Income | 1.13M | 1.56M | 3.13M | 8.23M | 3.79M | 55.00K |
| Other Non Operating Income (Expenses) | 477.00K | 1.97M | 67.05M | 32.60M | ||
| EBT Excluding Unusual Items | -305.32M | -300.45M | -214.51M | -152.09M | 101.62M | 160.94M |
| Merger & Restructuring Charges | -50.34M | -44.95M | -8.06M | -34.69M | -9.65M | |
| Impairment of Goodwill | -1.43B | -657.92M | ||||
| Gain (Loss) on Sale of Investments | -2.67M | -2.67M | ||||
| Gain (Loss) on Sale of Assets | -11.15M | -16.29M | -9.32M | -875.00K | ||
| Asset Writedown | -63.00M | -4.30M | ||||
| Other Unusual Items | -166.00K | -8.71M | -58.02M | 53.97M | 34.55M | -15.84M |
| Pretax Income | -369.65M | -373.08M | -1.77B | -107.06M | -560.74M | 135.45M |
| Income Tax Expense | -86.54M | -88.80M | -124.88M | -15.36M | 12.17M | 33.37M |
| Net Income | -283.11M | -284.28M | -1.65B | -91.70M | -572.91M | 102.08M |
| Net Income to Common | -283.11M | -284.28M | -1.65B | -91.70M | -572.91M | 102.08M |
| Shares Outstanding (Basic) | 16.67M | 16.43M | 16.15M | 16.13M | 15.97M | 16.28M |
| Shares Outstanding (Diluted) | 16.67M | 16.43M | 16.15M | 16.13M | 15.97M | 16.29M |
| EPS (Basic) | -16.99 | -17.30 | -101.92 | -5.69 | -35.87 | 6.27 |
| EPS (Diluted) | -16.99 | -17.30 | -101.92 | -5.69 | -36.00 | 6.27 |
| Free Cash Flow | -17.92M | -12.28M | -10.51M | 62.87M | 282.63M | 320.10M |
| Free Cash Flow Per Share | -1.07 | -0.75 | -0.65 | 3.90 | 17.69 | 19.65 |
| Gross Margin | 72.97% | 73.75% | 74.28% | 75.51% | 81.10% | 84.31% |
| Operating Margin | 9.45% | 9.32% | 11.63% | 17.78% | 30.95% | 35.41% |
| Profit Margin | -28.46% | -29.45% | -176.85% | -9.54% | -53.06% | 9.13% |
| Free Cash Flow Margin | -1.80% | -1.27% | -1.13% | 6.54% | 26.18% | 28.64% |
| EBITDA | 539.46M | 535.44M | 540.33M | 590.94M | 743.47M | 800.86M |
| EBITDA Margin | 54.23% | 55.46% | 58.06% | 61.46% | 68.86% | 71.66% |
| D&A For EBITDA | 445.47M | 445.43M | 432.07M | 420.02M | 409.29M | 405.10M |
| EBIT | 93.99M | 90.01M | 108.26M | 170.92M | 334.18M | 395.77M |
| EBIT Margin | 9.45% | 9.32% | 11.63% | 17.78% | 30.95% | 35.41% |
| Effective Tax Rate | 24.64% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 14.37M | 16.81M | 16.85M | 71.55M | 334.05M | 185.33M |
| Trading Asset Securities | 1.82M | |||||
| Cash & Short-Term Investments | 14.37M | 16.81M | 16.85M | 73.37M | 334.05M | 185.33M |
| Accounts Receivable | 148.90M | 138.18M | 111.61M | 84.75M | 78.91M | 99.91M |
| Other Receivables | 2.88M | 2.90M | ||||
| Receivables | 148.90M | 141.06M | 114.50M | 84.75M | 78.91M | 99.91M |
| Prepaid Expenses | 36.85M | 43.52M | 27.24M | 24.80M | 23.59M | 29.97M |
| Restricted Cash | 13.30M | 11.53M | 12.82M | 9.95M | 6.51M | 3.05M |
| Other Current Assets | 22.99M | 11.45M | 4.10M | 726.00K | 3.68M | 999.00K |
| Total Current Assets | 236.42M | 224.37M | 175.51M | 193.59M | 446.74M | 319.26M |
| Property, Plant & Equipment | 372.58M | 31.58M | 40.37M | 49.42M | 51.49M | 52.70M |
| Long-Term Investments | 15.00M | |||||
| Goodwill | 2.41B | 2.41B | 2.40B | 3.83B | 3.71B | 4.36B |
| Other Intangible Assets | 1.71B | 2.19B | 2.49B | 2.87B | 3.15B | 3.48B |
| Long-Term Deferred Charges | 4.60M | 6.40M | 2.19M | 3.02M | 3.84M | 4.67M |
| Other Long-Term Assets | 31.61M | 26.94M | 19.91M | 18.76M | 18.05M | 5.04M |
| Total Assets | 4.76B | 4.89B | 5.15B | 6.96B | 7.37B | 8.22B |
| Accounts Payable | 56.66M | 60.46M | 86.33M | 19.59M | 13.29M | 13.01M |
| Accrued Expenses | 159.64M | 175.45M | 106.71M | 116.98M | 109.01M | 99.12M |
| Current Portion of Long-Term Debt | 16.59M | 20.74M | 16.36M | 13.25M | 13.25M | 13.25M |
| Current Portion of Leases | 4.61M | 4.71M | 4.38M | 4.79M | 6.36M | 6.88M |
| Other Current Liabilities | 12.12M | 33.92M | 9.65M | |||
| Total Current Liabilities | 237.51M | 261.36M | 213.79M | 166.74M | 175.84M | 141.91M |
| Long-Term Debt | 4.66B | 4.58B | 4.51B | 4.55B | 4.74B | 4.88B |
| Long-Term Leases | 14.45M | 16.42M | 13.94M | 17.14M | 20.94M | 26.80M |
| Long-Term Deferred Tax Liabilities | 141.72M | 197.60M | 325.83M | 521.71M | 639.50M | 753.83M |
| Other Long-Term Liabilities | 477.00K | 2.47M | 74.14M | |||
| Total Liabilities | 5.05B | 5.06B | 5.07B | 5.26B | 5.58B | 5.88B |
| Common Stock | 2.00K | 2.00K | 2.00K | 2.00K | 67.00K | 67.00K |
| Additional Paid-In Capital | 2.41B | 2.40B | 2.37B | 2.35B | 2.33B | 2.31B |
| Retained Earnings | -2.56B | -2.43B | -2.15B | -499.31M | -347.80M | 225.11M |
| Treasury Stock | -142.24M | -138.73M | -138.73M | -128.36M | -192.17M | -192.17M |
| Comprehensive Income & Other | -955.00K | -4.17M | -5.06M | -11.78M | ||
| Total Common Equity | -294.56M | -173.90M | 84.02M | 1.71B | 1.79B | 2.34B |
| Minority Interest | 6.72M | 6.72M | ||||
| Shareholders' Equity | -287.84M | -167.18M | 84.02M | 1.71B | 1.79B | 2.34B |
| Total Liabilities & Equity | 4.76B | 4.89B | 5.15B | 6.96B | 7.37B | 8.22B |
| Total Debt | 4.69B | 4.62B | 4.55B | 4.58B | 4.78B | 4.93B |
| Net Cash (Debt) | -4.68B | -4.61B | -4.53B | -4.51B | -4.45B | -4.74B |
| Net Cash Per Share | -280.74 | -280.21 | -280.61 | -279.71 | -278.49 | -291.05 |
| Filing Date Shares Outstanding | 16.95M | 16.55M | 16.20M | 16.11M | 15.98M | 15.96M |
| Total Common Shares Outstanding | 16.94M | 16.55M | 16.19M | 16.21M | 15.98M | 15.96M |
| Working Capital | -1.09M | -36.99M | -38.27M | 26.85M | 270.89M | 177.35M |
| Book Value Per Share | -17.39 | -10.51 | 5.19 | 105.45 | 112.05 | 146.92 |
| Tangible Book Value | -4.41B | -4.77B | -4.81B | -4.99B | -5.06B | -5.49B |
| Tangible Book Value Per Share | -260.59 | -288.36 | -297.37 | -307.92 | -316.69 | -344.27 |
| Machinery | 46.53M | 78.52M | 76.07M | 65.33M | 51.80M | |
| Leasehold Improvements | 3.13M | 2.46M | 4.12M | 4.12M | 4.28M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -283.11M | -284.28M | -1.65B | -91.70M | -572.91M | 102.08M |
| Depreciation & Amortization | 447.81M | 448.45M | 436.44M | 425.79M | 415.66M | 412.06M |
| Other Amortization | 5.60M | 5.48M | 10.97M | 10.66M | 10.54M | 12.26M |
| Loss (Gain) From Sale of Assets | 8.93M | 9.36M | 8.60M | 851.00K | 1.05M | 2.99M |
| Asset Writedown & Restructuring Costs | 1.49B | 662.22M | ||||
| Loss (Gain) From Sale of Investments | 2.67M | 2.67M | -289.00K | |||
| Stock-Based Compensation | 29.06M | 27.82M | 26.64M | 18.02M | 16.74M | 18.01M |
| Other Operating Activities | -19.95M | -63.31M | -203.67M | -169.97M | -215.98M | -98.68M |
| Change in Accounts Receivable | -3.47M | -26.57M | -13.20M | 4.40M | 21.00M | -33.83M |
| Change in Accounts Payable | 13.23M | -25.86M | 67.35M | 5.58M | 34.35M | 7.71M |
| Change in Income Taxes | -5.36M | -4.78M | -5.38M | -13.00K | 3.71M | -5.06M |
| Change in Other Net Operating Assets | -62.38M | 28.35M | -63.17M | -31.90M | -3.73M | -12.85M |
| Operating Cash Flow | 133.03M | 117.32M | 107.62M | 171.72M | 372.36M | 404.69M |
| Capital Expenditures | -150.96M | -129.60M | -118.12M | -108.85M | -89.73M | -84.59M |
| Cash Acquisitions | -4.75M | -4.75M | -140.94M | -149.43M | ||
| Investment in Securities | 13.33M | 13.33M | -14.71M | 5.64M | ||
| Investing Cash Flow | -142.38M | -121.02M | -118.12M | -249.79M | -104.45M | -228.38M |
| Long-Term Debt Issued | 230.00M | 67.00K | 2.33B | |||
| Total Debt Issued | 270.00M | 230.00M | 67.00K | 2.33B | ||
| Long-Term Debt Repaid | -221.02M | -28.14M | -165.82M | -113.28M | -2.34B | |
| Total Debt Repaid | -294.69M | -221.02M | -28.14M | -165.82M | -113.28M | -2.34B |
| Net Debt Issued (Repaid) | -24.69M | 8.98M | -28.07M | -165.82M | -113.28M | -10.89M |
| Issuance of Common Stock | 1.99M | 1.74M | 1.09M | 508.00K | ||
| Repurchase of Common Stock | -7.58M | -4.09M | -13.73M | -15.68M | -2.46M | -103.79M |
| Other Financing Activities | -4.27M | -615.00K | ||||
| Financing Cash Flow | -30.27M | 2.36M | -41.31M | -180.99M | -115.74M | -114.68M |
| Net Cash Flow | -39.61M | -1.33M | -51.82M | -259.06M | 152.18M | 61.62M |
| Free Cash Flow | -17.92M | -12.28M | -10.51M | 62.87M | 282.63M | 320.10M |
| Free Cash Flow Margin | -1.80% | -1.27% | -1.13% | 6.54% | 26.18% | 28.64% |
| Free Cash Flow Per Share | -1.07 | -0.75 | -0.65 | 3.90 | 17.69 | 19.65 |
| Levered Free Cash Flow | 102.99M | 165.65M | 225.51M | 229.12M | 428.13M | 401.81M |
| Unlevered Free Cash Flow | 347.66M | 405.19M | 418.52M | 426.71M | 607.22M | 556.72M |
| Cash Interest Paid | 329.45M | 282.75M | 315.25M | 323.40M | 289.77M | 231.05M |
| Cash Income Tax Paid | 14.72M | 44.49M | 80.09M | 100.08M | 124.08M | 131.52M |
| Change in Working Capital | -57.98M | -28.87M | -14.40M | -21.93M | 55.34M | -44.03M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 388.44M | 706.47M | 239.01M | 935.26M | 734.99M | 2.83B |
| Enterprise Value | 5.07B | 5.33B | 4.71B | 5.43B | 5.21B | 7.53B |
| Last Close Price | 22.92 | 42.75 | 14.78 | 57.60 | 46.00 | 177.20 |
| PE Ratio | 27.70 | |||||
| Forward PE | 13.57 | 13.57 | 13.57 | 13.57 | 21.96 | |
| PS Ratio | 0.39 | 0.73 | 0.26 | 0.97 | 0.68 | 2.53 |
| PB Ratio | -4.23 | 2.85 | 0.55 | 0.41 | 1.21 | |
| P/FCF Ratio | 14.88 | 2.60 | 8.83 | |||
| P/OCF Ratio | 2.92 | 6.02 | 2.22 | 5.45 | 1.97 | 6.99 |
| EV/Sales Ratio | 5.09 | 5.52 | 5.06 | 5.64 | 4.83 | 6.73 |
| EV/EBITDA Ratio | 9.39 | 9.95 | 8.71 | 9.19 | 7.01 | 9.40 |
| EV/EBIT Ratio | 53.92 | 59.18 | 43.47 | 31.75 | 15.60 | 19.02 |
| EV/FCF Ratio | 86.33 | 18.45 | 23.51 | |||
| Debt / Equity Ratio | -16.31 | -27.65 | 54.13 | 2.68 | 2.67 | 2.10 |
| Debt / EBITDA Ratio | 8.63 | 8.55 | 8.31 | 7.63 | 6.35 | 6.06 |
| Debt / FCF Ratio | 72.93 | 16.92 | 15.39 | |||
| Net Debt / Equity Ratio | -16.26 | -27.55 | 53.93 | 2.64 | 2.48 | 2.02 |
| Net Debt / EBITDA Ratio | 8.67 | 8.60 | 8.39 | 7.63 | 5.98 | 5.92 |
| Net Debt / FCF Ratio | -261.06 | -375.12 | -431.24 | 71.76 | 15.74 | 14.81 |
| Asset Turnover | 0.20 | 0.19 | 0.15 | 0.13 | 0.14 | 0.14 |
| Quick Ratio | 0.69 | 0.60 | 0.61 | 0.95 | 2.35 | 2.01 |
| Current Ratio | 0.99 | 0.86 | 0.82 | 1.16 | 2.54 | 2.25 |
| Return on Equity (ROE) | -183.57% | -5.24% | -27.71% | 4.16% | ||
| Return on Assets (ROA) | 1.19% | 1.12% | 1.12% | 1.49% | 2.68% | 3.00% |
| Return on Invested Capital (ROIC) | 2.05% | 1.95% | 2.00% | 2.74% | 5.02% | 4.22% |
| Return on Capital Employed (ROCE) | 2.10% | 1.90% | 2.20% | 2.50% | 4.60% | 4.90% |
| Earnings Yield | -74.11% | -40.24% | -688.60% | -9.80% | -77.95% | 3.61% |
| FCF Yield | -4.61% | -1.74% | -4.40% | 6.72% | 38.45% | 11.32% |
| Buyback Yield / Dilution | -2.50% | -1.78% | -0.12% | -0.97% | 1.93% | -38.39% |