Evolent Health (EVH) vs Phreesia (PHR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Evolent Health (EVH) has outperformed Phreesia (PHR) over the past year, losing 49.0% versus a loss of 55.1%. Over five years, PHR leads with a -83.5% price change compared with -86.2% for EVH. Phreesia is the larger company by market cap ($651.7 million vs $468.1 million), about 1.4 times the size.
On valuation, Phreesia trades at a lower forward P/E (6.6x vs 10.3x for Evolent Health).
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 | EVH | PHR |
|---|---|---|
| Share price | $4.14 | $10.50 |
| Market cap | $468.07M | $651.74M |
| 1-day change | +7.81% | +2.44% |
| YTD return | +3.50% | -37.94% |
| 1-year return | -49.01% | -55.15% |
| 5-year return | -86.17% | -83.51% |
| P/E ratio (TTM) | — | 61.76 |
| Forward P/E | 10.25 | 6.64 |
| EPS (TTM) | $-4.49 | $0.17 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $8.33 | $24.25 |
| 52-week low | $2.10 | $7.77 |
| Distance from 52-week high | -50.30% | -56.69% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +38.89% | +34.00% |
| Average volume | 2.99M | 741.28K |
| Shares outstanding | 113.06M | 62.07M |
| Employees | 4,200 | 1,789 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Other Consumer Services | Business 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.
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
About Phreesia
PHR stock →Phreesia, Inc. provides an integrated SaaS-based software and payment platform for the healthcare industry in the United States and Canada.
Consumer Discretionary · Business Services · 1,789 employees
EVH vs PHR FAQ
Which is bigger, Evolent Health or Phreesia?
Phreesia (PHR) is larger, with a market capitalization of $651.74M compared with $468.07M for Evolent Health (EVH).
Which stock has performed better over the past year, EVH or PHR?
EVH returned -49.01% over the past 12 months, compared with -55.15% for PHR (price return, excluding dividends). Past performance does not predict future results.
Are Evolent Health and Phreesia in the same industry?
Both are in the Consumer Discretionary sector, but in different industries: Other Consumer Services for Evolent Health and Business Services for Phreesia.