Company / Gross Margin
CLOVER HEALTH INVESTMENTS, CORP. /DE Gross Margin History
FY2021-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
20.4%
FY2023
5-year range
-5.4% / 20.4%
FY2021-FY2023
Trend
+886.0%
vs FY2022
Sector context
#90 of 96
Health Care
What the data says
Gross Margin changed +886% YoY in FY2023, a notable deviation from the 2-year average annual change of +512%.
Based on SEC 10-K filings.
20.4% in FY2023.
Improved from -5.4% to 20.4% over the past 2 years.
Health Care sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -
- 5-Year Change
- -
- 10-Year Change
- -
Sector benchmark
Bottom 6% in Health CareTop 94% of 96This company 20.4% Sector average 53.6%
▼
-61.9% below sector average
Key checks
Key Insights
- In FY2023, gross margin increased 886.0% year-over-year.
- Currently 33.2pp below the Health Care sector average.
Company context
Key Data Points
- Altman Z-Score 0.17 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | 20.4% | +886.0% |
| FY2022 | 2.1% | +138.5% |
| FY2021 | -5.4% | - |
| FY2020 | - | - |
| FY2019 | - | - |
As of FY2023 · SEC 10-K · Updated Jul 2, 2026