AdaptHealth (AHCO) EBIT Margin (2019 - 2026)
AdaptHealth's EBIT Margin was -20.91% in Q3 2026, down 27.36 percentage points from 6.45% a year earlier and down 2.30 percentage points from the prior quarter.
AdaptHealth (AHCO) EBIT Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, AdaptHealth's EBIT Margin was -8.94% through Sep 30, 2026, down 16.70 percentage points year-over-year; for FY2025, it came in at 2.80%, down 5.29 percentage points from FY2024.
- EBIT Margin shows a five-year change of -3.95 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was 8.09% in FY2024 (+26.79 pp), -18.70% in FY2023 (-25.11 pp), 6.41% in FY2022 (-2.78 pp) and 9.19% in FY2021 (+2.44 pp).
- The Q3 2026 figure marks the lowest quarterly EBIT Margin since Q4 2023.
- Compared with a year earlier, EBIT Margin has declined for five straight quarters, with an average year-over-year change of -4.58 percentage points over the last eight quarters.
- The best year-over-year quarter for EBIT Margin over five years was Q3 2024 (a gain of 65.22 percentage points); the worst was Q3 2023 (a drop of 64.34 percentage points).
- Per Business Quant data, AHCO's EBIT Margin in the three quarters before Q3 2026 was -18.61% (Q2 2026), 0.67% (Q1 2026) and -2.49% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - | 15.00% |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn | -8.60% |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn | 10.55% |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn | 15.47% |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - | 31.08% |
| 6 | Guardant Health | 21.32 Bn | 16.94 Bn | 236.15 Mn | -36.78% |
| 7 | Tempus AI | 14.79 Bn | 11.95 Bn | 266.70 Mn | -13.82% |
| 8 | BrightSpring Health Services | 14.35 Bn | 12.11 Bn | 518.55 Mn | 3.81% |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - | 18.02% |
| 10 | AdaptHealth | 991.60 Mn | 713.52 Mn | 114.81 Mn | -20.91% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -20.91% |
| Jun 30, 2026 | -18.61% |
| Mar 31, 2026 | 0.67% |
| Dec 31, 2025 | -8.66% |
| Sep 30, 2025 | 7.53% |
| Jun 30, 2025 | 10.00% |
| Mar 31, 2025 | 2.98% |
| Dec 31, 2024 | 11.40% |
| Sep 30, 2024 | 7.88% |
| Jun 30, 2024 | 6.46% |
| Mar 31, 2024 | 6.38% |
| Dec 31, 2023 | -25.38% |
| Sep 30, 2023 | -57.34% |
| Jun 30, 2023 | 6.84% |
| Mar 31, 2023 | 3.52% |
| Dec 31, 2022 | 3.43% |
| Sep 30, 2022 | 7.00% |
| Jun 30, 2022 | 8.13% |
| Mar 31, 2022 | 7.30% |
| Dec 31, 2021 | 9.84% |
AdaptHealth EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=AHCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "AHCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=AHCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();