Annual Income Statements for Oncology Institute
This table shows Oncology Institute's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Oncology Institute
This table shows Oncology Institute's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
| Metric |
|
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
| Net Income / (Loss) Attributable to Common Shareholders |
|
-17 |
-19 |
-20 |
-15 |
-16 |
-13 |
-20 |
-17 |
-17 |
-7.51 |
-2.49 |
| Consolidated Net Income / (Loss) |
|
-17 |
-19 |
-20 |
-15 |
-16 |
-13 |
-20 |
-17 |
-17 |
-7.51 |
-2.49 |
| Net Income / (Loss) Continuing Operations |
|
-17 |
-19 |
-20 |
-15 |
-16 |
-13 |
-20 |
-17 |
-17 |
-7.51 |
-2.49 |
| Total Pre-Tax Income |
|
-17 |
-19 |
-20 |
-15 |
-16 |
-13 |
-20 |
-17 |
-17 |
-7.51 |
-2.49 |
| Total Revenue |
|
82 |
86 |
95 |
99 |
100 |
100 |
104 |
120 |
137 |
142 |
147 |
| Net Interest Income / (Expense) |
|
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
| Total Interest Income |
|
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
| Total Interest Expense |
|
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
| Total Non-Interest Income |
|
82 |
86 |
95 |
99 |
100 |
100 |
104 |
120 |
137 |
142 |
147 |
| Other Non-Interest Income |
|
82 |
86 |
95 |
99 |
100 |
100 |
104 |
120 |
137 |
142 |
147 |
| Total Non-Interest Expense |
|
96 |
100 |
113 |
114 |
114 |
110 |
114 |
131 |
145 |
149 |
154 |
| Other Operating Expenses |
|
94 |
98 |
111 |
113 |
112 |
108 |
113 |
129 |
143 |
147 |
152 |
| Depreciation Expense |
|
1.70 |
1.58 |
1.49 |
1.52 |
1.57 |
1.71 |
1.78 |
1.81 |
1.72 |
1.63 |
1.62 |
| Nonoperating Income / (Expense), net |
|
-3.18 |
-5.03 |
-1.92 |
0.33 |
-2.28 |
-3.84 |
-9.63 |
-5.88 |
-8.30 |
-0.56 |
3.85 |
| Income Tax Expense |
|
0.14 |
-0.31 |
0.00 |
0.00 |
0.00 |
- |
0.00 |
-0.13 |
0.00 |
- |
0.00 |
| Basic Earnings per Share |
|
($0.19) |
($0.21) |
($0.22) |
($0.17) |
($0.18) |
($0.14) |
($0.21) |
($0.15) |
($0.14) |
($0.04) |
($0.02) |
| Weighted Average Basic Shares Outstanding |
|
73.47M |
73.75M |
74.23M |
74.75M |
75.52M |
75.04M |
77.10M |
93.20M |
97.47M |
92.39M |
101.80M |
| Diluted Earnings per Share |
|
($0.19) |
($0.21) |
($0.22) |
($0.17) |
($0.18) |
($0.14) |
($0.21) |
($0.15) |
($0.14) |
($0.04) |
($0.02) |
| Weighted Average Diluted Shares Outstanding |
|
73.47M |
73.75M |
74.23M |
74.75M |
75.52M |
75.04M |
77.10M |
93.20M |
97.47M |
92.39M |
101.80M |
| Weighted Average Basic & Diluted Shares Outstanding |
|
73.75M |
74.31M |
74.44M |
75.49M |
75.56M |
75.75M |
89.23M |
93.50M |
98.38M |
98.84M |
99.98M |
Annual Cash Flow Statements for Oncology Institute
This table details how cash moves in and out of Oncology Institute's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
| Metric |
|
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Net Change in Cash & Equivalents |
|
3.55 |
109 |
-101 |
19 |
16 |
-16 |
| Net Cash From Operating Activities |
|
0.51 |
-33 |
-62 |
-36 |
-27 |
-25 |
| Net Cash From Continuing Operating Activities |
|
0.51 |
-33 |
-62 |
-36 |
-27 |
-25 |
| Net Income / (Loss) Continuing Operations |
|
-14 |
-11 |
0.15 |
-83 |
-65 |
-61 |
| Consolidated Net Income / (Loss) |
|
-14 |
-11 |
0.15 |
-83 |
-65 |
-61 |
| Depreciation Expense |
|
3.18 |
3.34 |
4.41 |
5.87 |
6.29 |
6.94 |
| Amortization Expense |
|
0.06 |
0.05 |
1.42 |
3.57 |
5.81 |
8.38 |
| Non-Cash Adjustments to Reconcile Net Income |
|
6.37 |
-10 |
-48 |
33 |
7.97 |
19 |
| Changes in Operating Assets and Liabilities, net |
|
0.99 |
-14 |
-21 |
2.36 |
18 |
1.33 |
| Net Cash From Investing Activities |
|
-8.84 |
-12 |
-132 |
63 |
46 |
-3.07 |
| Net Cash From Continuing Investing Activities |
|
-8.84 |
-12 |
-132 |
63 |
46 |
-3.07 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-1.19 |
-2.85 |
-5.53 |
-4.57 |
-3.79 |
-3.20 |
| Sale and/or Maturity of Investments |
|
- |
- |
0.00 |
81 |
50 |
0.13 |
| Net Cash From Financing Activities |
|
12 |
154 |
92 |
-6.85 |
-3.49 |
12 |
| Net Cash From Continuing Financing Activities |
|
12 |
154 |
92 |
-6.85 |
-3.49 |
12 |
| Issuance of Common Equity |
|
- |
- |
- |
0.13 |
0.00 |
30 |
| Repayment of Debt |
|
-0.31 |
-7.25 |
-8.73 |
-3.37 |
-1.20 |
-20 |
| Other Financing Activities, Net |
|
-0.29 |
141 |
-0.06 |
-2.58 |
-2.30 |
1.88 |
| Cash Interest Paid |
|
0.23 |
0.28 |
0.22 |
4.51 |
4.50 |
3.91 |
Quarterly Cash Flow Statements for Oncology Institute
This table details how cash moves in and out of Oncology Institute's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
| Metric |
|
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
| Net Change in Cash & Equivalents |
|
-1.36 |
5.95 |
2.57 |
0.37 |
11 |
2.27 |
-9.93 |
-9.45 |
-2.63 |
5.91 |
-3.29 |
| Net Cash From Operating Activities |
|
-8.31 |
-3.89 |
-16 |
-16 |
0.82 |
4.19 |
-4.99 |
-10 |
-13 |
3.23 |
-2.22 |
| Net Cash From Continuing Operating Activities |
|
-8.31 |
-3.89 |
-16 |
-16 |
0.82 |
4.19 |
-4.99 |
-10 |
-13 |
3.23 |
-2.22 |
| Net Income / (Loss) Continuing Operations |
|
-17 |
-19 |
-20 |
-15 |
-16 |
-13 |
-20 |
-17 |
-17 |
-7.51 |
-2.49 |
| Consolidated Net Income / (Loss) |
|
-17 |
-19 |
-20 |
-15 |
-16 |
-13 |
-20 |
-17 |
-17 |
-7.51 |
-2.49 |
| Depreciation Expense |
|
1.70 |
1.58 |
1.49 |
1.52 |
1.57 |
1.71 |
1.78 |
1.81 |
1.72 |
1.63 |
1.62 |
| Amortization Expense |
|
2.44 |
-0.35 |
1.24 |
1.44 |
1.54 |
1.59 |
4.87 |
1.13 |
1.17 |
1.21 |
1.21 |
| Non-Cash Adjustments to Reconcile Net Income |
|
6.05 |
5.20 |
4.01 |
0.27 |
2.36 |
1.33 |
4.81 |
7.16 |
7.15 |
0.25 |
-3.48 |
| Changes in Operating Assets and Liabilities, net |
|
-1.11 |
6.45 |
-2.73 |
-3.41 |
11 |
13 |
3.13 |
-3.29 |
-6.17 |
7.65 |
0.93 |
| Net Cash From Investing Activities |
|
7.71 |
12 |
19 |
18 |
10 |
-1.76 |
-0.20 |
-1.21 |
-0.60 |
-1.06 |
-1.04 |
| Net Cash From Continuing Investing Activities |
|
7.71 |
12 |
19 |
18 |
10 |
-1.76 |
-0.20 |
-1.21 |
-0.60 |
-1.06 |
-1.04 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-0.93 |
-0.86 |
-0.61 |
-1.83 |
0.40 |
-1.76 |
-0.33 |
-1.21 |
-0.60 |
-1.06 |
-1.04 |
| Sale and/or Maturity of Investments |
|
8.58 |
13 |
20 |
20 |
10 |
- |
0.13 |
- |
- |
- |
0.00 |
| Net Cash From Financing Activities |
|
-0.76 |
-1.78 |
-0.94 |
-2.15 |
-0.24 |
-0.16 |
-4.74 |
1.96 |
11 |
3.73 |
-0.03 |
| Net Cash From Continuing Financing Activities |
|
-0.76 |
-1.78 |
-0.94 |
-2.15 |
-0.24 |
-0.16 |
-4.74 |
1.96 |
11 |
3.73 |
-0.03 |
| Issuance of Common Equity |
|
0.01 |
0.11 |
0.07 |
0.00 |
-0.08 |
- |
15 |
2.20 |
7.61 |
4.41 |
0.00 |
| Repayment of Debt |
|
2.57 |
-3.28 |
-0.01 |
-0.01 |
-1.01 |
-0.01 |
-20 |
-0.47 |
-0.24 |
0.68 |
-0.27 |
| Other Financing Activities, Net |
|
-3.21 |
1.39 |
-1.00 |
-2.14 |
0.85 |
-0.15 |
-0.09 |
0.23 |
3.23 |
-1.35 |
0.24 |
| Cash Interest Paid |
|
1.13 |
1.12 |
1.13 |
1.09 |
1.11 |
1.16 |
1.29 |
0.87 |
0.88 |
0.88 |
0.89 |
Annual Balance Sheets for Oncology Institute
This table presents Oncology Institute's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Total Assets |
|
0.05 |
66 |
203 |
262 |
209 |
173 |
165 |
| Cash and Due from Banks |
|
0.03 |
6.00 |
115 |
14 |
33 |
50 |
34 |
| Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Premises and Equipment, Net |
|
- |
2.10 |
4.19 |
8.55 |
11 |
12 |
11 |
| Goodwill |
|
- |
14 |
27 |
21 |
7.23 |
7.23 |
7.23 |
| Intangible Assets |
|
- |
20 |
18 |
18 |
18 |
15 |
11 |
| Other Assets |
|
0.00 |
24 |
39 |
140 |
90 |
89 |
102 |
| Total Liabilities & Shareholders' Equity |
|
0.05 |
66 |
203 |
262 |
209 |
173 |
165 |
| Total Liabilities |
|
0.03 |
38 |
99 |
138 |
152 |
169 |
180 |
| Short-Term Debt |
|
0.00 |
18 |
16 |
15 |
21 |
31 |
50 |
| Accrued Interest Payable |
|
0.03 |
11 |
14 |
15 |
14 |
21 |
21 |
| Long-Term Debt |
|
- |
6.56 |
0.00 |
81 |
87 |
93 |
77 |
| Other Long-Term Liabilities |
|
0.00 |
2.42 |
69 |
28 |
31 |
24 |
32 |
| Commitments & Contingencies |
|
- |
- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Equity & Noncontrolling Interests |
|
0.02 |
28 |
104 |
123 |
57 |
3.59 |
-16 |
| Total Preferred & Common Equity |
|
0.02 |
28 |
104 |
123 |
57 |
3.59 |
-16 |
| Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Common Equity |
|
0.02 |
28 |
104 |
123 |
57 |
3.59 |
-16 |
| Common Stock |
|
0.03 |
80 |
167 |
186 |
204 |
215 |
257 |
| Retained Earnings |
|
-0.00 |
-52 |
-63 |
-63 |
-146 |
-211 |
-271 |
| Treasury Stock |
|
- |
- |
- |
0.00 |
-1.02 |
-1.02 |
-1.02 |
Quarterly Balance Sheets for Oncology Institute
This table presents Oncology Institute's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q1 2026 |
| Total Assets |
|
218 |
205 |
180 |
179 |
164 |
160 |
164 |
168 |
| Cash and Due from Banks |
|
28 |
36 |
36 |
47 |
40 |
30 |
28 |
30 |
| Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Premises and Equipment, Net |
|
11 |
11 |
12 |
12 |
11 |
11 |
11 |
11 |
| Goodwill |
|
7.23 |
7.23 |
7.23 |
7.23 |
7.23 |
7.23 |
7.23 |
7.23 |
| Intangible Assets |
|
19 |
17 |
16 |
16 |
14 |
12 |
12 |
10 |
| Other Assets |
|
94 |
103 |
97 |
97 |
92 |
99 |
106 |
110 |
| Total Liabilities & Shareholders' Equity |
|
218 |
205 |
180 |
179 |
164 |
160 |
164 |
168 |
| Total Liabilities |
|
147 |
163 |
150 |
164 |
159 |
169 |
176 |
185 |
| Short-Term Debt |
|
19 |
27 |
22 |
31 |
36 |
42 |
43 |
55 |
| Accrued Interest Payable |
|
13 |
18 |
13 |
15 |
23 |
23 |
23 |
24 |
| Long-Term Debt |
|
85 |
88 |
90 |
92 |
74 |
75 |
76 |
79 |
| Other Long-Term Liabilities |
|
29 |
29 |
25 |
25 |
25 |
29 |
34 |
27 |
| Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Equity & Noncontrolling Interests |
|
72 |
41 |
29 |
15 |
5.07 |
-8.99 |
-12 |
-16 |
| Total Preferred & Common Equity |
|
72 |
41 |
29 |
15 |
5.07 |
-8.99 |
-12 |
-16 |
| Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Common Equity |
|
72 |
41 |
29 |
15 |
5.07 |
-8.99 |
-12 |
-16 |
| Common Stock |
|
200 |
208 |
212 |
214 |
236 |
239 |
253 |
259 |
| Retained Earnings |
|
-127 |
-166 |
-182 |
-198 |
-230 |
-247 |
-264 |
-274 |
| Treasury Stock |
|
-1.02 |
-1.02 |
-1.02 |
-1.02 |
-1.02 |
-1.02 |
-1.02 |
-1.02 |
Annual Metrics And Ratios for Oncology Institute
This table displays calculated financial ratios and metrics derived from Oncology Institute's official financial filings.
| Metric |
|
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| DEI Shares Outstanding |
|
28,750,000.00 |
57,500,000.00 |
72,341,687.00 |
73,748,979.00 |
- |
98,381,340.00 |
| DEI Adjusted Shares Outstanding |
|
28,750,000.00 |
57,500,000.00 |
72,341,687.00 |
73,748,979.00 |
- |
98,381,340.00 |
| DEI Earnings Per Adjusted Shares Outstanding |
|
-0.50 |
-0.19 |
0.00 |
-1.13 |
- |
-0.62 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
0.00% |
8.26% |
24.37% |
28.42% |
21.33% |
27.79% |
| EBITDA Growth |
|
0.00% |
-186.49% |
-34.72% |
-250.33% |
29.30% |
55.69% |
| EBIT Growth |
|
0.00% |
-114.72% |
-41.90% |
-206.31% |
22.22% |
38.94% |
| NOPAT Growth |
|
0.00% |
-114.72% |
-41.90% |
-206.31% |
22.22% |
38.94% |
| Net Income Growth |
|
0.00% |
23.70% |
101.39% |
-54,750.00% |
22.16% |
6.27% |
| EPS Growth |
|
0.00% |
33.33% |
-31.25% |
-338.10% |
22.83% |
23.94% |
| Operating Cash Flow Growth |
|
0.00% |
-6,533.07% |
-88.97% |
41.20% |
26.92% |
7.35% |
| Free Cash Flow Firm Growth |
|
0.00% |
0.00% |
-46.13% |
100.41% |
-1,126.53% |
-97.84% |
| Invested Capital Growth |
|
0.00% |
127.63% |
82.37% |
-24.71% |
-22.35% |
-12.39% |
| Revenue Q/Q Growth |
|
0.00% |
-39.94% |
8.11% |
4.70% |
3.82% |
9.04% |
| EBITDA Q/Q Growth |
|
0.00% |
-111.27% |
69.26% |
-195.41% |
22.22% |
17.54% |
| EBIT Q/Q Growth |
|
0.00% |
-161.74% |
62.87% |
-134.17% |
16.17% |
11.95% |
| NOPAT Q/Q Growth |
|
0.00% |
-100.78% |
62.87% |
-134.17% |
16.17% |
11.95% |
| Net Income Q/Q Growth |
|
0.00% |
-28.49% |
-84.85% |
-10.29% |
7.93% |
8.56% |
| EPS Q/Q Growth |
|
0.00% |
-131.37% |
-31.25% |
-2.22% |
8.97% |
15.63% |
| Operating Cash Flow Q/Q Growth |
|
0.00% |
-292.03% |
13.13% |
21.77% |
23.34% |
-4.03% |
| Free Cash Flow Firm Q/Q Growth |
|
0.00% |
0.00% |
-80.75% |
-98.03% |
57.87% |
-449.91% |
| Invested Capital Q/Q Growth |
|
0.00% |
-41.82% |
-2.08% |
-6.73% |
-7.59% |
4.95% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
-2.64% |
-7.00% |
-7.58% |
-20.68% |
-12.05% |
-4.18% |
| EBIT Margin |
|
-4.37% |
-8.67% |
-9.89% |
-23.59% |
-15.12% |
-7.23% |
| Profit (Net Income) Margin |
|
-7.64% |
-5.38% |
0.06% |
-25.62% |
-16.44% |
-12.06% |
| Tax Burden Percent |
|
96.67% |
94.21% |
-167.03% |
99.96% |
100.00% |
99.78% |
| Interest Burden Percent |
|
180.74% |
65.89% |
0.36% |
108.63% |
108.68% |
167.18% |
| Effective Tax Rate |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Return on Invested Capital (ROIC) |
|
-10.89% |
-14.28% |
-10.33% |
-27.94% |
-28.48% |
-21.21% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
-45.83% |
-7.36% |
21.38% |
-57.01% |
-48.33% |
-49.13% |
| Return on Net Nonoperating Assets (RNNOA) |
|
-40.07% |
-2.24% |
10.46% |
-64.25% |
-184.88% |
1,020.40% |
| Return on Equity (ROE) |
|
-50.97% |
-16.52% |
0.13% |
-92.20% |
-213.36% |
999.19% |
| Cash Return on Invested Capital (CROIC) |
|
0.00% |
-92.19% |
-68.67% |
0.25% |
-3.32% |
-8.00% |
| Operating Return on Assets (OROA) |
|
-24.94% |
-13.08% |
-10.74% |
-32.49% |
-31.15% |
-21.54% |
| Return on Assets (ROA) |
|
-43.57% |
-8.12% |
0.07% |
-35.28% |
-33.86% |
-35.93% |
| Return on Common Equity (ROCE) |
|
-50.96% |
-16.52% |
0.13% |
-92.20% |
-213.36% |
999.19% |
| Return on Equity Simple (ROE_SIMPLE) |
|
-50.97% |
-10.49% |
0.12% |
-145.67% |
-1,801.70% |
385.53% |
| Net Operating Profit after Tax (NOPAT) |
|
-5.74 |
-12 |
-17 |
-54 |
-42 |
-25 |
| NOPAT Margin |
|
-3.06% |
-6.07% |
-6.92% |
-16.52% |
-10.59% |
-5.06% |
| Net Nonoperating Expense Percent (NNEP) |
|
34.93% |
-6.91% |
-31.71% |
29.07% |
19.85% |
27.92% |
| SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Operating Expenses to Revenue |
|
104.37% |
108.67% |
109.89% |
123.59% |
115.12% |
107.23% |
| Earnings before Interest and Taxes (EBIT) |
|
-8.20 |
-18 |
-25 |
-77 |
-59 |
-36 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
-4.96 |
-14 |
-19 |
-67 |
-47 |
-21 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
0.00 |
2.69 |
0.97 |
2.64 |
6.51 |
0.00 |
| Price to Tangible Book Value (P/TBV) |
|
0.00 |
4.73 |
1.42 |
4.72 |
0.00 |
0.00 |
| Price to Revenue (P/Rev) |
|
0.00 |
1.38 |
0.47 |
0.46 |
0.06 |
0.70 |
| Price to Earnings (P/E) |
|
0.00 |
0.00 |
785.29 |
0.00 |
0.00 |
0.00 |
| Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Earnings Yield |
|
0.00% |
0.00% |
0.13% |
0.00% |
0.00% |
0.00% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
1.51 |
0.92 |
1.36 |
0.77 |
3.97 |
| Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
0.89 |
0.80 |
0.69 |
0.25 |
0.88 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
475.50 |
0.00 |
0.00 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
0.87 |
0.15 |
0.78 |
1.89 |
34.62 |
-8.12 |
| Long-Term Debt to Equity |
|
0.23 |
0.00 |
0.65 |
1.52 |
25.95 |
-4.92 |
| Financial Leverage |
|
0.87 |
0.30 |
0.49 |
1.13 |
3.83 |
-20.77 |
| Leverage Ratio |
|
2.34 |
2.03 |
2.05 |
2.61 |
6.30 |
-27.81 |
| Compound Leverage Factor |
|
4.22 |
1.34 |
0.01 |
2.84 |
6.85 |
-46.49 |
| Debt to Total Capital |
|
46.65% |
13.13% |
43.67% |
65.36% |
97.19% |
114.04% |
| Short-Term Debt to Total Capital |
|
34.19% |
13.13% |
6.80% |
12.63% |
24.34% |
44.93% |
| Long-Term Debt to Total Capital |
|
12.46% |
0.00% |
36.87% |
52.74% |
72.85% |
69.11% |
| Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Common Equity to Total Capital |
|
53.34% |
86.87% |
56.33% |
34.64% |
2.81% |
-14.04% |
| Debt to EBITDA |
|
-4.96 |
-1.11 |
-4.99 |
-1.60 |
-2.62 |
-6.08 |
| Net Debt to EBITDA |
|
-3.75 |
7.00 |
-4.26 |
-1.11 |
-1.57 |
-4.48 |
| Long-Term Debt to EBITDA |
|
-1.32 |
0.00 |
-4.21 |
-1.29 |
-1.96 |
-3.68 |
| Debt to NOPAT |
|
-4.28 |
-1.28 |
-5.46 |
-2.01 |
-2.98 |
-5.02 |
| Net Debt to NOPAT |
|
-3.24 |
8.07 |
-4.66 |
-1.38 |
-1.79 |
-3.70 |
| Long-Term Debt to NOPAT |
|
-1.14 |
0.00 |
-4.61 |
-1.62 |
-2.24 |
-3.04 |
| Noncontrolling Interest Sharing Ratio |
|
0.02% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
0.00 |
-80 |
-116 |
0.47 |
-4.85 |
-9.59 |
| Operating Cash Flow to CapEx |
|
42.55% |
-1,147.88% |
-1,116.95% |
-795.16% |
-700.40% |
-768.34% |
| Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Operating Cash Flow to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
5.70 |
1.51 |
1.09 |
1.38 |
2.06 |
2.98 |
| Fixed Asset Turnover |
|
0.00 |
64.49 |
39.64 |
33.38 |
34.55 |
44.54 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
53 |
120 |
219 |
165 |
128 |
112 |
| Invested Capital Turnover |
|
3.56 |
2.35 |
1.49 |
1.69 |
2.69 |
4.19 |
| Increase / (Decrease) in Invested Capital |
|
0.00 |
67 |
99 |
-54 |
-37 |
-16 |
| Enterprise Value (EV) |
|
0.00 |
181 |
201 |
225 |
98 |
444 |
| Market Capitalization |
|
0.00 |
280 |
119 |
150 |
23 |
350 |
| Book Value per Share |
|
$0.98 |
$3.62 |
$1.70 |
$0.77 |
$0.05 |
($0.16) |
| Tangible Book Value per Share |
|
($0.20) |
$2.06 |
$1.16 |
$0.43 |
($0.24) |
($0.35) |
| Total Capital |
|
53 |
120 |
219 |
165 |
128 |
112 |
| Total Debt |
|
25 |
16 |
95 |
108 |
124 |
128 |
| Total Long-Term Debt |
|
6.56 |
0.00 |
81 |
87 |
93 |
77 |
| Net Debt |
|
19 |
-99 |
81 |
74 |
75 |
94 |
| Capital Expenditures (CapEx) |
|
1.19 |
2.85 |
5.53 |
4.57 |
3.79 |
3.20 |
| Net Nonoperating Expense (NNE) |
|
8.58 |
-1.39 |
-18 |
30 |
23 |
35 |
| Net Nonoperating Obligations (NNO) |
|
25 |
16 |
95 |
108 |
124 |
128 |
| Total Depreciation and Amortization (D&A) |
|
3.24 |
3.39 |
5.84 |
9.45 |
12 |
15 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.00 |
($0.16) |
$0.00 |
($0.92) |
($0.71) |
($0.54) |
| Adjusted Weighted Average Basic Shares Outstanding |
|
0.00 |
66.23M |
72.79M |
73.75M |
75.04M |
92.39M |
| Adjusted Diluted Earnings per Share |
|
$0.00 |
($0.16) |
($0.21) |
($0.92) |
($0.71) |
($0.54) |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
0.00 |
66.23M |
80.61M |
73.75M |
75.04M |
92.39M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
0.00 |
73.25M |
74.55M |
74.31M |
75.75M |
98.84M |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
-5.74 |
-30 |
-52 |
-42 |
-42 |
-25 |
| Normalized NOPAT Margin |
|
-3.06% |
-14.65% |
-20.58% |
-13.05% |
-10.59% |
-5.06% |
| Pre Tax Income Margin |
|
-7.90% |
-5.71% |
-0.04% |
-25.63% |
-16.44% |
-12.08% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| NOPAT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| EBIT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| NOPAT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Augmented Payout Ratio |
|
0.00% |
0.00% |
5,921.05% |
-1.23% |
0.00% |
0.00% |
Quarterly Metrics And Ratios for Oncology Institute
This table displays calculated financial ratios and metrics derived from Oncology Institute's official financial filings.
| Metric |
|
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
| DEI Shares Outstanding |
|
72,955,088.00 |
73,748,979.00 |
74,312,921.00 |
74,437,924.00 |
75,490,489.00 |
- |
75,753,229.00 |
89,234,112.00 |
93,504,767.00 |
98,381,340.00 |
98,839,144.00 |
| DEI Adjusted Shares Outstanding |
|
72,955,088.00 |
73,748,979.00 |
74,312,921.00 |
74,437,924.00 |
75,490,489.00 |
- |
75,753,229.00 |
89,234,112.00 |
93,504,767.00 |
98,381,340.00 |
98,839,144.00 |
| DEI Earnings Per Adjusted Shares Outstanding |
|
-0.24 |
-0.25 |
-0.27 |
-0.21 |
-0.21 |
- |
-0.26 |
-0.19 |
-0.18 |
-0.08 |
-0.03 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
26.25% |
20.42% |
24.25% |
22.88% |
21.78% |
16.88% |
10.29% |
21.53% |
36.70% |
41.58% |
41.22% |
| EBITDA Growth |
|
38.40% |
-140.62% |
51.66% |
-0.96% |
-7.60% |
52.82% |
78.38% |
35.21% |
50.48% |
52.06% |
-6.74% |
| EBIT Growth |
|
22.38% |
-147.14% |
46.22% |
-5.85% |
1.93% |
33.45% |
44.61% |
28.76% |
40.69% |
41.50% |
36.26% |
| NOPAT Growth |
|
22.38% |
-147.14% |
46.22% |
-5.85% |
1.93% |
33.45% |
44.61% |
28.76% |
40.69% |
41.50% |
36.26% |
| Net Income Growth |
|
-551.42% |
-70.38% |
33.70% |
8.39% |
7.50% |
29.71% |
1.53% |
-9.88% |
-2.43% |
43.04% |
87.28% |
| EPS Growth |
|
-11.76% |
-10.53% |
33.33% |
10.53% |
5.26% |
33.33% |
4.55% |
11.76% |
22.22% |
71.43% |
90.48% |
| Operating Cash Flow Growth |
|
59.26% |
72.19% |
-2.79% |
-80.83% |
109.86% |
207.53% |
68.60% |
34.85% |
-1,642.12% |
-22.77% |
55.59% |
| Free Cash Flow Firm Growth |
|
223.30% |
156.72% |
139.18% |
162.99% |
-22.85% |
-31.53% |
23.11% |
-26.89% |
-9.16% |
-61.48% |
-119.26% |
| Invested Capital Growth |
|
-20.96% |
-24.71% |
-20.72% |
-24.59% |
-21.63% |
-22.35% |
-26.75% |
-23.69% |
-22.86% |
-12.39% |
2.01% |
| Revenue Q/Q Growth |
|
2.26% |
4.57% |
10.35% |
4.13% |
1.34% |
0.37% |
4.13% |
14.75% |
13.99% |
3.95% |
3.86% |
| EBITDA Q/Q Growth |
|
21.75% |
-28.59% |
-19.00% |
15.69% |
16.61% |
43.62% |
61.59% |
-156.07% |
36.27% |
22.51% |
14.49% |
| EBIT Q/Q Growth |
|
5.58% |
0.44% |
-27.98% |
12.02% |
12.52% |
32.44% |
16.23% |
-13.65% |
27.17% |
15.27% |
8.72% |
| NOPAT Q/Q Growth |
|
5.58% |
0.44% |
-27.98% |
12.02% |
12.52% |
32.44% |
16.23% |
-13.65% |
27.17% |
15.27% |
8.72% |
| Net Income Q/Q Growth |
|
-3.09% |
-7.66% |
-6.05% |
22.17% |
-4.10% |
18.19% |
-48.57% |
13.15% |
2.97% |
54.51% |
66.81% |
| EPS Q/Q Growth |
|
0.00% |
-10.53% |
-4.76% |
22.73% |
-5.88% |
22.22% |
-50.00% |
28.57% |
6.67% |
71.43% |
50.00% |
| Operating Cash Flow Q/Q Growth |
|
4.04% |
53.15% |
-307.99% |
1.40% |
105.23% |
411.11% |
-219.16% |
-104.53% |
-23.80% |
125.60% |
-168.51% |
| Free Cash Flow Firm Q/Q Growth |
|
166.40% |
19.66% |
-35.58% |
23.08% |
-18.68% |
6.20% |
23.05% |
-26.97% |
1.03% |
-57.60% |
-161.53% |
| Invested Capital Q/Q Growth |
|
-5.88% |
-6.73% |
-4.59% |
-9.97% |
-2.18% |
-7.59% |
-9.99% |
-6.21% |
-1.12% |
4.95% |
4.80% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
-12.15% |
-14.94% |
-16.11% |
-13.04% |
-10.73% |
-6.03% |
-3.16% |
-6.95% |
-3.89% |
-2.90% |
-2.39% |
| EBIT Margin |
|
-17.19% |
-16.37% |
-18.98% |
-16.04% |
-13.85% |
-9.32% |
-9.53% |
-9.40% |
-6.01% |
-4.90% |
-4.30% |
| Profit (Net Income) Margin |
|
-21.23% |
-21.86% |
-21.01% |
-15.70% |
-16.13% |
-13.15% |
-18.76% |
-14.20% |
-12.09% |
-5.29% |
-1.69% |
| Tax Burden Percent |
|
100.78% |
98.35% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
99.24% |
100.00% |
100.00% |
100.00% |
| Interest Burden Percent |
|
122.54% |
135.78% |
110.67% |
97.89% |
116.48% |
141.06% |
196.76% |
152.17% |
201.17% |
108.01% |
39.28% |
| Effective Tax Rate |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Return on Invested Capital (ROIC) |
|
-18.64% |
-19.39% |
-25.64% |
-24.65% |
-23.33% |
-17.55% |
-19.77% |
-22.40% |
-15.82% |
-14.37% |
-14.15% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
-26.19% |
-28.17% |
-32.42% |
-28.75% |
-28.98% |
-23.28% |
-30.95% |
-30.37% |
-24.72% |
-16.47% |
-12.55% |
| Return on Net Nonoperating Assets (RNNOA) |
|
-26.22% |
-31.75% |
-50.02% |
-54.26% |
-75.51% |
-89.05% |
-150.71% |
-344.09% |
-1,863.78% |
342.02% |
272.55% |
| Return on Equity (ROE) |
|
-44.87% |
-51.14% |
-75.66% |
-78.91% |
-98.84% |
-106.60% |
-170.48% |
-366.50% |
-1,879.60% |
327.65% |
258.40% |
| Cash Return on Invested Capital (CROIC) |
|
11.97% |
0.25% |
-0.95% |
1.67% |
-3.17% |
-3.32% |
4.39% |
0.55% |
2.24% |
-8.00% |
-21.69% |
| Operating Return on Assets (OROA) |
|
-21.21% |
-22.54% |
-29.63% |
-28.28% |
-26.40% |
-19.20% |
-20.86% |
-23.51% |
-16.16% |
-14.59% |
-14.14% |
| Return on Assets (ROA) |
|
-26.19% |
-30.10% |
-32.79% |
-27.69% |
-30.75% |
-27.08% |
-41.04% |
-35.50% |
-32.51% |
-15.76% |
-5.55% |
| Return on Common Equity (ROCE) |
|
-44.87% |
-51.14% |
-75.66% |
-78.91% |
-98.84% |
-106.60% |
-170.48% |
-366.50% |
-1,879.60% |
327.65% |
258.40% |
| Return on Equity Simple (ROE_SIMPLE) |
|
-104.83% |
0.00% |
-176.67% |
-244.95% |
-453.66% |
0.00% |
-1,269.66% |
733.32% |
540.00% |
0.00% |
267.20% |
| Net Operating Profit after Tax (NOPAT) |
|
-9.87 |
-9.83 |
-13 |
-11 |
-9.68 |
-6.54 |
-6.97 |
-7.88 |
-5.74 |
-4.87 |
-4.44 |
| NOPAT Margin |
|
-12.04% |
-11.46% |
-13.29% |
-11.23% |
-9.69% |
-6.52% |
-6.67% |
-6.58% |
-4.21% |
-3.43% |
-3.01% |
| Net Nonoperating Expense Percent (NNEP) |
|
7.54% |
8.79% |
6.78% |
4.10% |
5.65% |
5.73% |
11.18% |
7.96% |
8.90% |
2.10% |
-1.60% |
| SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Operating Expenses to Revenue |
|
117.19% |
116.37% |
118.98% |
116.04% |
113.85% |
109.32% |
109.53% |
109.40% |
106.01% |
104.90% |
104.30% |
| Earnings before Interest and Taxes (EBIT) |
|
-14 |
-14 |
-18 |
-16 |
-14 |
-9.35 |
-9.95 |
-11 |
-8.20 |
-6.95 |
-6.35 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
-9.96 |
-13 |
-15 |
-13 |
-11 |
-6.05 |
-3.30 |
-8.33 |
-5.31 |
-4.11 |
-3.52 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
1.42 |
2.64 |
2.84 |
0.00 |
1.59 |
6.51 |
17.04 |
0.00 |
0.00 |
0.00 |
0.00 |
| Price to Tangible Book Value (P/TBV) |
|
2.22 |
4.72 |
6.93 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Price to Revenue (P/Rev) |
|
0.33 |
0.46 |
0.34 |
0.00 |
0.07 |
0.06 |
0.21 |
0.43 |
0.71 |
0.70 |
0.56 |
| Price to Earnings (P/E) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Earnings Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Enterprise Value to Invested Capital (EV/IC) |
|
1.02 |
1.36 |
1.26 |
0.00 |
0.72 |
0.77 |
1.36 |
2.50 |
3.91 |
3.97 |
3.47 |
| Enterprise Value to Revenue (EV/Rev) |
|
0.58 |
0.69 |
0.58 |
0.00 |
0.26 |
0.25 |
0.39 |
0.64 |
0.91 |
0.88 |
0.75 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
7.49 |
475.50 |
0.00 |
0.00 |
0.00 |
0.00 |
26.19 |
396.39 |
152.36 |
0.00 |
0.00 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
1.46 |
1.89 |
2.80 |
3.84 |
7.94 |
34.62 |
21.70 |
-13.01 |
-9.69 |
-8.12 |
-8.21 |
| Long-Term Debt to Equity |
|
1.19 |
1.52 |
2.14 |
3.08 |
5.91 |
25.95 |
14.58 |
-8.35 |
-6.21 |
-4.92 |
-4.83 |
| Financial Leverage |
|
1.00 |
1.13 |
1.54 |
1.89 |
2.61 |
3.83 |
4.87 |
11.33 |
75.39 |
-20.77 |
-21.72 |
| Leverage Ratio |
|
2.51 |
2.61 |
3.14 |
3.59 |
4.55 |
6.30 |
7.95 |
16.78 |
106.86 |
-27.81 |
-29.62 |
| Compound Leverage Factor |
|
3.08 |
3.55 |
3.48 |
3.52 |
5.30 |
8.89 |
15.64 |
25.54 |
214.97 |
-30.04 |
-11.63 |
| Debt to Total Capital |
|
59.30% |
65.36% |
73.71% |
79.35% |
88.81% |
97.19% |
95.59% |
108.33% |
111.50% |
114.04% |
113.87% |
| Short-Term Debt to Total Capital |
|
11.00% |
12.63% |
17.45% |
15.75% |
22.64% |
24.34% |
31.38% |
38.81% |
40.10% |
44.93% |
46.90% |
| Long-Term Debt to Total Capital |
|
48.30% |
52.74% |
56.27% |
63.60% |
66.17% |
72.85% |
64.22% |
69.51% |
71.40% |
69.11% |
66.97% |
| Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Common Equity to Total Capital |
|
40.70% |
34.64% |
26.29% |
20.65% |
11.19% |
2.81% |
4.41% |
-8.33% |
-11.50% |
-14.04% |
-13.87% |
| Debt to EBITDA |
|
-4.61 |
-1.60 |
-2.28 |
-2.21 |
-2.38 |
-2.62 |
-3.10 |
-3.79 |
-4.67 |
-6.08 |
-6.30 |
| Net Debt to EBITDA |
|
-3.40 |
-1.11 |
-1.57 |
-1.49 |
-1.46 |
-1.57 |
-1.98 |
-2.80 |
-3.59 |
-4.48 |
-4.87 |
| Long-Term Debt to EBITDA |
|
-3.76 |
-1.29 |
-1.74 |
-1.77 |
-1.77 |
-1.96 |
-2.08 |
-2.43 |
-2.99 |
-3.68 |
-3.70 |
| Debt to NOPAT |
|
-4.58 |
-2.01 |
-2.71 |
-2.59 |
-2.85 |
-2.98 |
-3.05 |
-3.56 |
-4.12 |
-5.02 |
-5.84 |
| Net Debt to NOPAT |
|
-3.37 |
-1.38 |
-1.87 |
-1.75 |
-1.75 |
-1.79 |
-1.95 |
-2.64 |
-3.16 |
-3.70 |
-4.51 |
| Long-Term Debt to NOPAT |
|
-3.73 |
-1.62 |
-2.07 |
-2.07 |
-2.12 |
-2.24 |
-2.05 |
-2.29 |
-2.64 |
-3.04 |
-3.43 |
| Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
37 |
44 |
28 |
35 |
28 |
30 |
35 |
26 |
26 |
11 |
-6.75 |
| Operating Cash Flow to CapEx |
|
-893.55% |
-452.15% |
-2,603.77% |
-857.61% |
0.00% |
238.52% |
-1,520.73% |
-844.54% |
-2,091.06% |
305.00% |
-212.57% |
| Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Operating Cash Flow to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
1.23 |
1.38 |
1.56 |
1.76 |
1.91 |
2.06 |
2.19 |
2.50 |
2.69 |
2.98 |
3.29 |
| Fixed Asset Turnover |
|
34.81 |
33.38 |
32.89 |
31.39 |
32.86 |
34.55 |
36.47 |
36.76 |
40.11 |
44.54 |
50.04 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
177 |
165 |
157 |
141 |
138 |
128 |
115 |
108 |
107 |
112 |
117 |
| Invested Capital Turnover |
|
1.55 |
1.69 |
1.93 |
2.20 |
2.41 |
2.69 |
2.96 |
3.40 |
3.76 |
4.19 |
4.70 |
| Increase / (Decrease) in Invested Capital |
|
-47 |
-54 |
-41 |
-46 |
-38 |
-37 |
-42 |
-34 |
-32 |
-16 |
2.31 |
| Enterprise Value (EV) |
|
179 |
225 |
197 |
0.00 |
100 |
98 |
157 |
270 |
418 |
444 |
407 |
| Market Capitalization |
|
102 |
150 |
117 |
0.00 |
25 |
23 |
86 |
183 |
326 |
350 |
303 |
| Book Value per Share |
|
$0.98 |
$0.77 |
$0.56 |
$0.39 |
$0.21 |
$0.05 |
$0.07 |
($0.10) |
($0.13) |
($0.16) |
($0.16) |
| Tangible Book Value per Share |
|
$0.63 |
$0.43 |
$0.23 |
$0.08 |
($0.10) |
($0.24) |
($0.21) |
($0.32) |
($0.33) |
($0.35) |
($0.34) |
| Total Capital |
|
177 |
165 |
157 |
141 |
138 |
128 |
115 |
108 |
107 |
112 |
117 |
| Total Debt |
|
105 |
108 |
116 |
112 |
123 |
124 |
110 |
117 |
119 |
128 |
134 |
| Total Long-Term Debt |
|
85 |
87 |
88 |
90 |
92 |
93 |
74 |
75 |
76 |
77 |
79 |
| Net Debt |
|
77 |
74 |
80 |
76 |
75 |
75 |
70 |
87 |
91 |
94 |
103 |
| Capital Expenditures (CapEx) |
|
0.93 |
0.86 |
0.61 |
1.83 |
-0.40 |
1.76 |
0.33 |
1.21 |
0.60 |
1.06 |
1.04 |
| Net Nonoperating Expense (NNE) |
|
7.55 |
8.92 |
7.31 |
4.41 |
6.43 |
6.64 |
13 |
9.12 |
11 |
2.64 |
-1.95 |
| Net Nonoperating Obligations (NNO) |
|
105 |
108 |
116 |
112 |
123 |
124 |
110 |
117 |
119 |
128 |
134 |
| Total Depreciation and Amortization (D&A) |
|
4.14 |
1.23 |
2.72 |
2.96 |
3.11 |
3.30 |
6.66 |
2.93 |
2.90 |
2.84 |
2.83 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
($0.19) |
($0.21) |
($0.22) |
($0.17) |
($0.18) |
($0.14) |
($0.21) |
($0.15) |
($0.14) |
($0.04) |
($0.02) |
| Adjusted Weighted Average Basic Shares Outstanding |
|
73.47M |
73.75M |
74.23M |
74.75M |
75.52M |
75.04M |
77.10M |
93.20M |
97.47M |
92.39M |
101.80M |
| Adjusted Diluted Earnings per Share |
|
($0.19) |
($0.21) |
($0.22) |
($0.17) |
($0.18) |
($0.14) |
($0.21) |
($0.15) |
($0.14) |
($0.04) |
($0.02) |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
73.47M |
73.75M |
74.23M |
74.75M |
75.52M |
75.04M |
77.10M |
93.20M |
97.47M |
92.39M |
101.80M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
73.75M |
74.31M |
74.44M |
75.49M |
75.56M |
75.75M |
89.23M |
93.50M |
98.38M |
98.84M |
99.98M |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
-9.89 |
-9.83 |
-13 |
-11 |
-9.68 |
-6.54 |
-6.97 |
-7.88 |
-5.74 |
-4.87 |
-4.44 |
| Normalized NOPAT Margin |
|
-12.06% |
-11.46% |
-13.29% |
-11.23% |
-9.69% |
-6.52% |
-6.67% |
-6.58% |
-4.21% |
-3.43% |
-3.01% |
| Pre Tax Income Margin |
|
-21.07% |
-22.23% |
-21.01% |
-15.70% |
-16.13% |
-13.15% |
-18.76% |
-14.31% |
-12.09% |
-5.29% |
-1.69% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| NOPAT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| EBIT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| NOPAT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Augmented Payout Ratio |
|
-1.35% |
-1.23% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Key Financial Trends
Oncology Institute (NASDAQ: TOI) continues to show a difficult operating profile, with revenue growth offset by persistent losses, negative operating cash flow, and a highly leveraged balance sheet. The latest quarter, Q1 2026, showed a smaller loss than Q4 2025, but the company still burned cash from operations and ended the period with negative book equity.
- Revenue in Q1 2026 rose to $147.4 million, up from $142.0 million in Q4 2025 and $104.4 million in Q1 2025, showing solid top-line expansion over the past year.
- Net loss improved sharply quarter over quarter, narrowing to $2.5 million in Q1 2026 from $7.5 million in Q4 2025 and $19.6 million in Q1 2025.
- Operating cash flow improved materially in the most recent quarter, with net cash from operations of -$2.2 million versus +$3.2 million in Q4 2025 and much worse negatives earlier in 2025.
- The company ended Q1 2026 with $30.3 million in cash, up from $27.7 million in Q3 2025 and above the $27.5 million it held a year earlier.
- Non-cash items remain meaningful, with depreciation and amortization helping offset losses each quarter, which suggests reported earnings are still being cushioned by accounting add-backs.
- Shares outstanding have drifted higher year over year, with basic weighted average shares at 101.8 million in Q1 2026 versus 77.1 million in Q1 2025, indicating dilution pressure.
- Interest costs remain significant, with $888,000 of cash interest paid in Q1 2026, while debt levels remain elevated.
- The balance sheet remains stretched, with $184.5 million in total liabilities versus -$16.3 million in total equity in Q1 2026, leaving the company with negative shareholders’ equity.
- Debt burden is still large, including $55.1 million of short-term debt and $78.6 million of long-term debt at the end of Q1 2026.
- Despite recent improvement, the business has not yet established consistent profitability, as losses were still -$2.5 million in Q1 2026 after -$7.5 million in Q4 2025.
Over the last four years, TOI’s trend is mixed: revenue has grown, but so have losses and leverage. The most encouraging development is the recent reduction in quarterly losses and better cash generation in late 2025 and early 2026. However, the company still has to prove that it can convert that revenue growth into durable profitability and positive free cash flow.
For retail investors, the key watch items are whether TOI can sustain revenue growth, keep operating expenses in check, and reduce debt without further dilution. Until then, the stock remains a higher-risk turnaround story.
07/10/26 01:12 PM ETAI Generated. May Contain Errors.