Ehealth vs Neptune Insurance Holdings
Ehealth is the larger business, with $554m of revenue in fiscal 2025 against $160m for Neptune Insurance Holdings (3.5 times as much). Neptune Insurance Holdings grew faster (33.7% against 4.1%). Neptune Insurance Holdings kept more of each dollar of sales as profit: a net margin of 23.4% against 7.2%.
| Latest fiscal year | EhealthEHTH, 2025 | Neptune Insurance HoldingsNP, 2025 |
|---|---|---|
| Revenue | $554m | $160m |
| Revenue growth | 4.1% | 33.7% |
| Net income | $40.0m | $37.4m |
| Operating margin | 12.0% | 44.5% |
| Net margin | 7.2% | 23.4% |
| Return on equity | 6.8% | — |
| Free cash flow | −$27.6m | — |
| Cash | $73.7m | $8.0m |
| Total debt | $113m | $240m |
| Debt to equity | 19.1% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $0 |
| Employees | — | 62 |
| Market value | $17.7m | $4.24bn |
| Price vs our value range | — | — |
| Moat score | 48 (Moderate) | — |
| Insider trades, 12 months | 2 buys, 4 sales | 2 buys, 16 sales |