Skip to content
MARKETS / NASDAQ / ASTH
NASDAQ · SERVICES-MANAGEMENT CONSULTING SERVICES · LARGE CAP

Astrana Health, Inc. ASTH

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.2B
▲ 56.4% YoY
$22.5M
▼ 47.9% YoY
$104.5M
▲ 136.6% YoY
In brief

What this company does

Astrana Health, Inc., together with its affiliated physician groups and consolidated subsidiaries and variable interest entities, provides coordinated outcome-based care, serving patients covered by private or public insurance through Medicare, Medicaid, and health maintenance organizations, with a small portion of revenue coming from non-insured patients. Through its integrated health network of more than 20,000 contracted physicians, the company was responsible for coordinating value-based care for approximately 1.6 million patients as of December 31, 2025. As of December 31, 2025, Astrana, its subsidiaries, and consolidated variable interest entities had approximately 3,000 employees. The company implements and operates healthcare models primarily through three reportable segments: Care Partners, Care Delivery, and Care Enablement.

Written from the business description in Astrana Health, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 12 March 2026. Every sentence was checked against that document before publication.

Growth
USD 3.2B
Revenue, FY2025 · full 16-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.2 · Net income 0.0
2B201020122014201620182020202220242025
Compound annual growth
+40.6%
+35.9%
+53.4%
+56.4%
−20.7%
−9.8%
−22.5%
−14.6%
+12.9%
−8.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +35.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 2.5% · Net 0.8%
5%10%15%-50%-100%201020122014201620182020202220242025
ROE
FY2025 · ROE 3.0%
10%20%201020122014201620182020202220242025

Each USD of equity produced 3 cents of profit this year.

Cash & shareholders
USD 33.5M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 104.5
40M80M201020122014201620182020202220242025
Net buybacks $M Dividends $M
FY2025 · Dividends 7.9 · Net buybacks 25.6
25.0M50.0M-20.0MDividendsNet buybacks2013201620182020202220242025

USD 7.9M in dividends and USD 25.6M in buybacks — 149% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 2.2B
EquityUSD 779.3M
CashUSD 429.5M
Gross debtUSD 1.0B
Net debtUSD 609.3M
Current ratio1.40×

Net debt stands at 78% of equity.

The 16-year record
16 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B3.22.01.41.10.80.70.60.50.40.30.00.00.00.00.00.0
Operating income $B0.10.10.10.10.10.10.00.10.00.0−0.0−0.0−0.0−0.0−0.00.0
EBITDA $B0.10.10.10.10.10.10.10.10.10.0−0.0−0.0−0.0−0.0−0.00.0
Income tax $B0.00.00.00.00.00.10.00.00.00.0−0.00.00.00.00.00.0
Net income $B0.00.00.10.00.10.00.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B0.10.00.00.10.10.00.00.00.00.0−0.0−0.0−0.00.0−0.0−0.0
EPS, diluted $0.460.901.290.991.521.010.390.290.900.41−1.79−0.37−1.37−0.27−0.02−0.01
Dividend / sh $················
Payout %359102314513643716440233······
ROE %3.06.510.59.117.714.47.66.420.926.7······
Shares out B0.050.05····0.040.030.030.030.010.000.000.030.030.03

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 67 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 16 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Management Consulting Services
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2010

Share this section

Download image