Teladoc Health (TDOC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Teladoc Health

NYSE•Healthcare•Health Information Services

$6.28-0.19(-0.03%)Market closed

Market Cap

$1.14B

P/S

0.5x

P/B

0.9x

Teladoc Health, Inc. provides virtual healthcare services worldwide. It operates through Teladoc Health Integrated Care and BetterHelp segments. The Integrated Care segment offers virtual medical services, including general medical, expert medical services, specialty medical, chronic condition management, and mental health services, as well as technologies and enterprise telehealth solutions for hospitals and health systems. Its BetterHelp segment operates a mental health platform that provides online counselling and therapy services through websites, mobile applications, phones, and text-based interactions by its licensed clinicians. The company offers its products and services under the Teladoc and BetterHelp brands. It serves employers, health plans, hospitals and health systems, insurance companies, and financial services companies, as well as individual members. The company was formerly known as Teladoc, Inc. and changed its name to Teladoc Health, Inc. in August 2018. Teladoc Health, Inc. was incorporated in 2002 and is headquartered in New York, New York.

How this company scores

WeakMetricSide Score: 40/100

Grade capped at D — Interest coverage below 1× (-9.1x) — earnings cannot cover interest. Strongest: Profitability (17/25); weakest: Growth (6/25).

Profitability17/25

Growth6/25

Balance Sheet & Red Flags7/25

Cash & Earnings Quality10/25

Strengths

Long cash runwayConsistent free cash flowProfit converts from growthNet cash position

Grade capped at D

Interest coverage below 1× (-9.1x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 0.5x5y range 0.4x – 10.8x

Currently below its 20-quarter median.

P/B · 0.9x5y range 0.7x – 1.8x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -1.9x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $1.14B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.49B
Q. Revenue: $606.93M
TTM EBITDA: $179.59M
TTM Op. Income: $-186.82M
Q. Op. Income: $-37.09M
TTM Net Income: $-177.40M
Q. Net Income: $-38.91M
EPS: $-0.21
Shares Out.: $181.03M

$2.49B in TTM revenue declined 2.1% YoY, reaching $606.93M last quarter. TTM EBITDA of $179.59M and TTM operating income of $-186.82M show growth is flowing through to the bottom line. However, net income is negative at $177.40M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 68.6%
EBITDA Margin: 8.9%
Op. Margin: -6.1%
Net Margin: -6.4%

Op. margin of -6.1% is up 2.5% YoY — cost efficiency is improving. Net margin at -6.4% and gross margin of 68.6% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 29% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.5x
P/B Ratio: 0.9x

P/S of 0.5x and P/B of 0.9x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.76B
Cash: $774.35M
Long-Term Debt: N/A
Book Value: $1.31B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $64.66M
TTM Free Cash Flow: $253.70M
FCF Margin: 10.2%
FCF / Net Income: -1.4

TTM FCF of $253.70M on $64.66M in operating cash flow. The FCF / Net Income ratio of -1.4x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.