Is the business good?
How good a business is EVCM?
EverCommerce Inc. earns 4.1% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
4.1%
Return on invested capital · cost of capital 9.0% · 4.9 points below what the capital costs: growth destroys value
- Operating margin
- 9.7%
Operating margin · Software - Application median 8.2% · 12 months to Q1 2026
- Cash conversion
- 3.16×
Cash conversion · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −2.6%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | −6.5% |
| FY2021 | −5.5% |
| FY2022 | −4.9% |
| FY2023 | −0.55% |
| FY2024 | 4.7% |
| FY2025 | 10% |
Details›
- Gross margin12 months to Q1 2026
- 78%
- Operating margin12 months to Q1 2026
- 9.7%
- Net margin12 months to Q1 2026
- 5.5%
- Free cash flow margin
- 17%
- R&D as % of revenue
- 14%
- Revenue, trailing twelve months
- $594M
- Free cash flow, trailing twelve months
- $103M
- Net income, trailing twelve months
- $32M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 4.1%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Software - Application
Ranks #70 of 90 by Smart Score