vs

Side-by-side financial comparison of eHealth, Inc. (EHTH) and SUBURBAN PROPANE PARTNERS LP (SPH). Click either name above to swap in a different company.

SUBURBAN PROPANE PARTNERS LP is the larger business by last-quarter revenue ($370.4M vs $326.2M, roughly 1.1× eHealth, Inc.). eHealth, Inc. runs the higher net margin — 26.7% vs 12.4%, a 14.4% gap on every dollar of revenue. On growth, eHealth, Inc. posted the faster year-over-year revenue change (3.5% vs -0.8%). eHealth, Inc. produced more free cash flow last quarter ($-36.1M vs $-67.5M). Over the past eight quarters, eHealth, Inc.'s revenue compounded faster (87.3% CAGR vs -13.8%).

eHealth, Inc., doing business as eHealthInsurance, is a publicly traded online marketplace for health insurance, organized in Delaware and based in Santa Clara, California. The company primarily provides plans related to Medicare such as prescription drug plans, Medigap, and Medicare Advantage plans. The company also sells individual plans, competing with health insurance marketplaces. The company sells plans in all 50 U.S. states and the District of Columbia from 170 health insurance carrier...

Suburban Propane Partners LP is a leading U.S. distributor of propane, natural gas, heating oil and related energy products, serving residential, commercial, industrial and agricultural customers across the country. It also provides HVAC system installation, maintenance and repair services, catering mainly to suburban and off-grid communities.

EHTH vs SPH — Head-to-Head

Bigger by revenue
SPH
SPH
1.1× larger
SPH
$370.4M
$326.2M
EHTH
Growing faster (revenue YoY)
EHTH
EHTH
+4.3% gap
EHTH
3.5%
-0.8%
SPH
Higher net margin
EHTH
EHTH
14.4% more per $
EHTH
26.7%
12.4%
SPH
More free cash flow
EHTH
EHTH
$31.4M more FCF
EHTH
$-36.1M
$-67.5M
SPH
Faster 2-yr revenue CAGR
EHTH
EHTH
Annualised
EHTH
87.3%
-13.8%
SPH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EHTH
EHTH
SPH
SPH
Revenue
$326.2M
$370.4M
Net Profit
$87.2M
$45.8M
Gross Margin
55.3%
64.7%
Operating Margin
38.7%
18.3%
Net Margin
26.7%
12.4%
Revenue YoY
3.5%
-0.8%
Net Profit YoY
-10.6%
135.7%
EPS (diluted)
$2.43
$0.69

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EHTH
EHTH
SPH
SPH
Q4 25
$326.2M
$370.4M
Q3 25
$53.9M
$211.4M
Q2 25
$60.8M
$260.1M
Q1 25
$113.1M
$587.7M
Q4 24
$315.2M
$373.3M
Q3 24
$58.4M
$208.6M
Q2 24
$65.9M
$254.6M
Q1 24
$93.0M
$498.1M
Net Profit
EHTH
EHTH
SPH
SPH
Q4 25
$87.2M
$45.8M
Q3 25
$-31.7M
$-35.1M
Q2 25
$-17.4M
$-14.8M
Q1 25
$1.9M
$137.1M
Q4 24
$97.5M
$19.4M
Q3 24
$-42.5M
$-44.6M
Q2 24
$-28.0M
$-17.2M
Q1 24
$-17.0M
$111.5M
Gross Margin
EHTH
EHTH
SPH
SPH
Q4 25
55.3%
64.7%
Q3 25
-0.3%
64.7%
Q2 25
31.1%
61.7%
Q1 25
36.9%
58.8%
Q4 24
52.0%
60.6%
Q3 24
-6.5%
59.4%
Q2 24
28.7%
62.9%
Q1 24
31.7%
61.8%
Operating Margin
EHTH
EHTH
SPH
SPH
Q4 25
38.7%
18.3%
Q3 25
-77.1%
-7.9%
Q2 25
-37.9%
2.1%
Q1 25
4.2%
27.0%
Q4 24
35.7%
15.8%
Q3 24
-74.0%
-10.8%
Q2 24
-42.5%
3.2%
Q1 24
-19.3%
27.5%
Net Margin
EHTH
EHTH
SPH
SPH
Q4 25
26.7%
12.4%
Q3 25
-58.8%
-16.6%
Q2 25
-28.6%
-5.7%
Q1 25
1.7%
23.3%
Q4 24
30.9%
5.2%
Q3 24
-72.7%
-21.4%
Q2 24
-42.5%
-6.8%
Q1 24
-18.3%
22.4%
EPS (diluted)
EHTH
EHTH
SPH
SPH
Q4 25
$2.43
$0.69
Q3 25
$-1.46
$-0.55
Q2 25
$-0.98
$-0.23
Q1 25
$-0.33
$2.10
Q4 24
$2.93
$0.30
Q3 24
$-1.83
$-0.69
Q2 24
$-1.33
$-0.27
Q1 24
$-0.96
$1.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EHTH
EHTH
SPH
SPH
Cash + ST InvestmentsLiquidity on hand
$73.7M
$1.3M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$591.6M
Total Assets
$1.3B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EHTH
EHTH
SPH
SPH
Q4 25
$73.7M
$1.3M
Q3 25
$63.1M
$405.0K
Q2 25
$65.9M
$1.3M
Q1 25
$121.1M
$3.9M
Q4 24
$39.2M
$4.4M
Q3 24
$64.0M
$3.2M
Q2 24
$126.3M
$4.9M
Q1 24
$175.0M
$4.4M
Total Debt
EHTH
EHTH
SPH
SPH
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B
Stockholders' Equity
EHTH
EHTH
SPH
SPH
Q4 25
$591.6M
Q3 25
$514.2M
Q2 25
$554.9M
Q1 25
$581.6M
Q4 24
$588.4M
Q3 24
$499.3M
Q2 24
$548.9M
Q1 24
$582.8M
Total Assets
EHTH
EHTH
SPH
SPH
Q4 25
$1.3B
$2.4B
Q3 25
$1.0B
$2.3B
Q2 25
$1.1B
$2.3B
Q1 25
$1.1B
$2.4B
Q4 24
$1.2B
$2.4B
Q3 24
$1.0B
$2.3B
Q2 24
$1.0B
$2.3B
Q1 24
$1.1B
$2.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EHTH
EHTH
SPH
SPH
Operating Cash FlowLast quarter
$-35.9M
$-47.7M
Free Cash FlowOCF − Capex
$-36.1M
$-67.5M
FCF MarginFCF / Revenue
-11.1%
-18.2%
Capex IntensityCapex / Revenue
0.0%
5.3%
Cash ConversionOCF / Net Profit
-0.41×
-1.04×
TTM Free Cash FlowTrailing 4 quarters
$-27.6M
$61.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EHTH
EHTH
SPH
SPH
Q4 25
$-35.9M
$-47.7M
Q3 25
$-25.3M
$41.8M
Q2 25
$-41.2M
$95.5M
Q1 25
$77.1M
$40.1M
Q4 24
$-27.7M
$8.8M
Q3 24
$-29.3M
$36.8M
Q2 24
$-32.2M
$61.4M
Q1 24
$70.8M
$75.1M
Free Cash Flow
EHTH
EHTH
SPH
SPH
Q4 25
$-36.1M
$-67.5M
Q3 25
$-25.5M
$27.7M
Q2 25
$-42.8M
$80.9M
Q1 25
$76.8M
$20.8M
Q4 24
$-28.3M
$-15.1M
Q3 24
$-30.3M
$17.7M
Q2 24
$-32.4M
$46.8M
Q1 24
$70.6M
$60.6M
FCF Margin
EHTH
EHTH
SPH
SPH
Q4 25
-11.1%
-18.2%
Q3 25
-47.4%
13.1%
Q2 25
-70.4%
31.1%
Q1 25
67.9%
3.5%
Q4 24
-9.0%
-4.0%
Q3 24
-51.8%
8.5%
Q2 24
-49.3%
18.4%
Q1 24
75.9%
12.2%
Capex Intensity
EHTH
EHTH
SPH
SPH
Q4 25
0.0%
5.3%
Q3 25
0.4%
6.7%
Q2 25
2.6%
5.6%
Q1 25
0.3%
3.3%
Q4 24
0.2%
6.4%
Q3 24
1.7%
9.1%
Q2 24
0.4%
5.8%
Q1 24
0.2%
2.9%
Cash Conversion
EHTH
EHTH
SPH
SPH
Q4 25
-0.41×
-1.04×
Q3 25
Q2 25
Q1 25
39.55×
0.29×
Q4 24
-0.28×
0.45×
Q3 24
Q2 24
Q1 24
0.67×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EHTH
EHTH

Medicare$282.7M87%
Other$29.2M9%
Ancillaries$7.9M2%
Commission Members Approved In Prior Periods$3.8M1%
Small Business$3.1M1%
Commission Revenue From Renewals$2.4M1%

SPH
SPH

Propane$326.4M88%
Other Sales Revenue Net$19.9M5%
Fuel Oil And Refined Fuels$18.2M5%
Natural Gas And Electricity$5.9M2%
Wholesale$4.1M1%

Related Comparisons