Carlsmed (CARL) vs Evolent Health (EVH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Carlsmed (CARL) has outperformed Evolent Health (EVH) over the past year, gaining 1.7% versus a loss of 49.0%. Evolent Health is the larger company by market cap ($447.7 million vs $383.6 million), about 1.2 times the size.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CARL | EVH |
|---|---|---|
| Share price | $14.05 | $3.96 |
| Market cap | $383.60M | $447.71M |
| 1-day change | -2.29% | -4.35% |
| YTD return | +13.77% | +3.50% |
| 1-year return | +1.66% | -49.01% |
| 5-year return | — | -86.17% |
| Forward P/E | — | 9.81 |
| EPS (TTM) | $-1.08 | $-4.49 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $17.23 | $8.33 |
| 52-week low | $8.50 | $2.10 |
| Distance from 52-week high | -18.46% | -52.46% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +36.65% | +45.20% |
| Average volume | 125.43K | 2.99M |
| Shares outstanding | 27.30M | 113.06M |
| Employees | 127 | 4,200 |
| Sector | Health Care | Consumer Discretionary |
| Industry | Medical/Dental Instruments | Other Consumer Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CARL has outperformed EVH by 50.7 percentage points over the past year.
- The two companies sit in different sectors: Carlsmed in Health Care and Evolent Health in Consumer Discretionary.
About Carlsmed
CARL stock →Carlsmed, Inc., a commercial-stage medical technology company, designs, manufactures, and markets AI-enabled personalized spine surgery solutions. The company develops aprevo, a comprehensive technology platform for spine fusion surgery procedures.
Health Care · Medical/Dental Instruments · 127 employees
About Evolent Health
EVH stock →Evolent Health, Inc., through its subsidiary, provides specialty care management services in oncology, cardiology, and musculoskeletal markets in the United States. The company offers integrated value-based care platform for health plan administration and management.
Consumer Discretionary · Other Consumer Services · 4,200 employees
CARL vs EVH FAQ
Which is bigger, Carlsmed or Evolent Health?
Evolent Health (EVH) is larger, with a market capitalization of $447.71M compared with $383.60M for Carlsmed (CARL).
Which stock has performed better over the past year, CARL or EVH?
CARL returned +1.66% over the past 12 months, compared with -49.01% for EVH (price return, excluding dividends). Past performance does not predict future results.
Are Carlsmed and Evolent Health in the same industry?
No. Carlsmed is in the Health Care sector, while Evolent Health is in Consumer Discretionary.