Performant Healthcare, Inc.

Performant Healthcare, Inc.

PHLT
Performant Healthcare, Inc.US flagNASDAQ Global Market
7.75
USD
+0.02
- -
611.64MMarket Cap
Performant Healthcare, Inc.
PHLT
(NASDAQ Global Market)

Recent

price

7.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
2.74
3.61
4.78
5.38
4
3.23
2.83
2.61
2.99
2.81
2.87
2.06
1.5
1.49
1.59
1.76
Revenue per Share
0.09
0.13
0.48
0.77
0.19
-0.04
-0.23
-0.25
-0.15
-0.5
-0.26
-0.17
-0.09
-0.1
-0.13
-0.01
Basic EPS, GAAP
0.29
0.51
0.58
1.03
0.36
0.17
0.2
-0.08
-0.38
-0.38
0.31
-0.04
-0.09
- -
-0.01
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
-0.73
-0.27
0.51
0.69
0.65
0.41
0.16
- -
-0.5
-0.75
-0.85
-0.79
-0.86
-0.97
-0.94
Book Value per Share
- -
-2.96
-2.13
-0.84
-0.42
-0.28
-0.04
-0.12
-0.11
-0.41
-0.11
0.58
0.51
0.44
0.38
0.45
Tangible Book Value per Share
45
45
44
47
49
49
50
51
52
53
54
60
73
76
78
78
Basic Weighted Avg Shares
124
163
210
255
195
159
141
132
156
150
156
124
109
114
123
137
Sales/Revenue/Turnover
25.71
28.65
26.55
28.54
13.96
4.36
5.31
-4.55
0.77
-8.28
8.36
-1.06
-6.32
-5.39
-7.72
-0.03
Operating Margin (%)
7
8
10
11
12
13
13
11
10
11
7
7
6
7
7
7
Depreciation Expense
10
12
23
36
9
-2
-11
-13
-8
-27
-14
-10
-7
-8
-10
-1
Net Income, GAAP
40.05
37.79
42.24
40.73
45.03
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
14.77
Effective Tax Rate (%)
8.08
7.59
10.93
14.23
4.81
-1.13
-8.1
-9.64
-5.15
-17.83
-8.97
-8.27
-5.99
-6.61
-8.05
-0.64
Profit Margin (%)
- -
22
32
68
65
56
21
12
18
18
-23
37
43
27
24
30
Working Capital
- -
95
137
123
102
84
44
39
41
64
3
21
19
5
8
9
LT Debt
- -
43
24
74
91
94
86
80
77
54
42
82
84
81
76
82
Total Equity
- -
39.84
20.33
22.89
7.32
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
32.28
22.76
29.42
9.88
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-1.03
Return on Capital (%)
- -
- -
- -
- -
32.25
-5.45
-43.51
-89.45
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
1
LT Borrowings
8
8
8
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
78
78
79
Market Capitalization
234
230
313

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
38
42
47
Cash, Cash Equivalents & STI
9
10
9
Accounts Receivable, Net
14
15
18
Inventories
- -
- -
- -
Total Current Liabilities
14
16
18
Payables & Accruals
9
12
13
ST Debt
- -
- -
1
Deferred Revenue
1
1
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.1%
13.49%
-5.21%
Free Cash Flow
14.6%
-8.35%
193.99%
Net Income, GAAP
56.37%
-12.83%
31.6%
Sales/Revenue/Turnover
-3.83%
-3.3%
8.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
26
25
30
33
114
2024
27
29
32
35
123
2025
33
38
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.06
-0.05
-0.01
0.02
-0.1
2024
-0.05
-0.04
-0.03
-0.01
-0.13
2025
- -
0.03
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
Performant Healthcare, Inc. (PHLT) provides technology-enabled audit, recovery, eligibility, and analytics services to healthcare payers in the United States; core offerings include Audit Advantage for clinical audits and predictive analytics, Data Mining Advantage for claims data management and outlier detection, MSP Advantage for Medicare Secondary Payer coordination with outreach and lockbox processing, TPL Advantage for third-party liability identification in Medicaid plans across 45 states, and Recovery Advantage for overpayment recovery and aged accounts; additional services encompass coordination-of-benefits, claims auditing for improper payments, advanced reporting, customer care, and stakeholder training. The company, founded in 1976 and headquartered in Plantation, Florida, operates primarily in government and commercial healthcare markets, serving national health plans, regional Blues plans, managed Medicaid organizations, and government agencies like the Centers for Medicare and Medicaid Services. In December 2024, Performant Financial Corporation changed its name to Performant Healthcare, Inc., concluding a strategic shift to healthcare-focused operations; in July 2025, the company entered a definitive agreement to be acquired by Machinify, a New Mountain Capital portfolio company, for approximately $670 million or $7.75 per share in cash.

Company News

APIChat
  • Performant Healthcare, Inc. (NASDAQ:PHLT) Receives $7.88 Consensus Price Target from Brokerages

  • Machinify Completes Acquisition of Performant Healthcare, Accelerating Intelligent Healthcare Payments

  • PERFORMANT HEALTHCARE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Performant Healthcare, Inc. - PHLT

  • Shareholder Alert: The Ademi Firm Continues to Investigate Whether Performant Healthcare Inc. is Obtaining a Fair Price for its Public Shareholders

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AL and PHLT on Behalf of Shareholders

  • Performant Healthcare, Inc. Investors: Company Investigated by the Portnoy Law Firm

  • Shareholder Alert: The Ademi Firm Investigates Whether Performant Healthcare Inc. Is Obtaining a Fair Price for Its Public Shareholders

  • SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Performant Healthcare, Inc. (NASDAQ: PHLT)

  • PERFORMANT HEALTHCARE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Performant Healthcare, Inc. - PHLT

  • Performant Healthcare (PHLT) Surges 115.2%: Is This an Indication of Further Gains?

  • Shareholder Alert: The Ademi Firm investigates whether Performant Healthcare Inc. is obtaining a Fair Price for its Public Shareholders

  • PHLT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Performant Healthcare, Inc. Is Fair to Shareholders

  • SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Performant Healthcare, Inc. (Nasdaq - PHLT)

  • Performant Healthcare, Inc. Announces Preliminary Financial Results for Second Quarter 2025

  • Performant Healthcare, Inc. to Be Acquired by Machinify

  • Performant Healthcare, Inc. to Report Second Quarter 2025 Earnings on August 5, 2025

  • Performant Healthcare (PHLT) Upgraded to Strong Buy: What Does It Mean for the Stock?

  • Performant Healthcare: Guidance Raised After Q1 Outperformance - Buy (Rating Upgrade)

  • Performant to Participate in B Riley Securities' 25th Annual Institutional Investor Conference

  • Performant Healthcare, Inc. (PHLT) Q1 2025 Earnings Call Transcript