Stocktoria

InnovAge Holding Corp. INNV

Nasdaq · stock · Services-Health Services · website · IPO 2021-03-04

InnovAge Holding Corp. (INNV) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the distress zone. It pays a dividend yielding 0.65% (safety: no dividend). FY2025 revenue was $853.7M at a -3.6% net margin.

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39/100
Stocktoria Quality Score · grade D
6/9
Piotroski F — financial health
0.08
Altman Z″ — distress risk · distress
0.4%
Dividend yield 5y avg · no dividend

Quality score trend · recomputed for each fiscal year

Piotroski F /9
3 5 3 4 6 20212022202320242025
Altman Z″
4.10 3.34 1.24 0.90 0.08 20212022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$10.43 as of 2026-08-01 · +172.3% 1y
$3.83$11.8552-wk
Market cap USD$1.5B
Dividend yield 5y avg0.4%
Net margin 5y avg-4%
Return on equity 5y avg-9.7%
Beta0.45
Employees2,440

Analyst price target

$7.00 -32.9% vs last
· 1 analysts
target range $7.00 – $7.00

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 6y · up

How it ranks in Services · percentile among 982 companies

Piotroski Fstronger than 76%
Net marginstronger than 46%
Return on equitystronger than 34%
Revenue growthstronger than 63%

Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 6/9 tests passed

Altman Z″ components · distress zone

ComponentValue
Working capital / assets0.021
Retained earnings / assets-0.192
EBIT / assets-0.056
Equity / liabilities0.901

Sector peers · similar-size Services companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
INNVInnovAge Holding Corp.6/90.08+11.8%
USPHU S PHYSICAL THERAPY INC /NV6/92.2625.5+16.3%
PNTGPennant Group, Inc.3/91.4542.2+36.3%
WGSGeneDx Holdings Corp.6/9-5.22+40%
DCGODocGo Inc.4/9-4.05-47.7%
LFSTLifeStance Health Group, Inc.7/91.7412.6+13.9%
OMDAOmada Health, Inc.6/92.28+53.2%

All Services companies →

About InnovAge Holding Corp.

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. The company also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to and from the PACE center and third-party medical appointments; and care management. It serves participants in the United States; and operates PACE centers in Colorado, California, New Mexico, Pennsylvania, Florida, and Virginia. The company was formerly known as TCO Group Holdings, Inc. and changed its name to InnovAge Holding Corp. in January 2021. InnovAge Holding Corp. was founded in 1989 and is headquartered in Denver, Colorado.

FAQ

Is INNV financially healthy?

InnovAge Holding Corp.'s Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.

Does INNV pay a dividend, and is it safe?

Yes. InnovAge Holding Corp. pays a dividend yielding about 0.65% with a None payout ratio, rated “no dividend” for safety.

How profitable is INNV?

In FY2025, InnovAge Holding Corp. had a net margin of -3.6% and a return on equity of -12.7%.

What is the analyst price target for INNV?

The average Wall-Street price target for InnovAge Holding Corp. is $7.00, about 32.9% below the recent price, from 1 analysts.

Is INNV a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on InnovAge Holding Corp.: a Piotroski F-score of 6/9, an Altman Z″ in the distress zone, a dividend yield of 0.65%. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-06-30. Facts plus Stocktoria's own computed scores — not investment advice.