AdaptHealth (AHCO) EBITDA Margin (2019 - 2026)
AdaptHealth (AHCO) posted EBITDA Margin of -2.36% for Q2 2026, down 26.42 percentage points from 24.05% a year earlier and down 16.02 percentage points from the prior quarter.
AdaptHealth (AHCO) EBITDA Margin (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at AdaptHealth was 8.62%, down 11.33 percentage points year-over-year; for FY2025, it came in at 14.57%, down 4.72 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of -0.56 percentage points (FY2020 to FY2025).
- In prior years, AdaptHealth's EBITDA Margin was 19.29% in FY2024 (+26.03 pp), -6.74% in FY2023 (-24.97 pp), 18.23% in FY2022 (-3.37 pp) and 21.60% in FY2021 (+6.47 pp).
- The Q2 2026 figure stands as the lowest quarterly EBITDA Margin since Q4 2023.
- On a year-over-year basis, EBITDA Margin has declined in each of the last three quarters, with an average year-over-year change of +7.20 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q3 2024, with a gain of 64.38 percentage points; the weakest was Q3 2023, with a drop of 64.44 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 13.66% (Q1 2026), 2.86% (Q4 2025) and 19.44% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 19.96% |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | -7.25% |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 19.88% |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 16.90% |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | -35.69% |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 30.49% |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 24.09% |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 4.44% |
| 10 | AdaptHealth | 768.76 Mn | 498.80 Mn | 104.21 Mn | -2.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.36% |
| Mar 31, 2026 | 13.66% |
| Dec 31, 2025 | 2.86% |
| Sep 30, 2025 | 19.44% |
| Jun 30, 2025 | 24.05% |
| Mar 31, 2025 | 15.11% |
| Dec 31, 2024 | 21.97% |
| Sep 30, 2024 | 19.14% |
| Jun 30, 2024 | 17.77% |
| Mar 31, 2024 | 18.10% |
| Dec 31, 2023 | -14.62% |
| Sep 30, 2023 | -45.24% |
| Jun 30, 2023 | 19.36% |
| Mar 31, 2023 | 16.11% |
| Dec 31, 2022 | 16.54% |
| Sep 30, 2022 | 19.20% |
| Jun 30, 2022 | 19.06% |
| Mar 31, 2022 | 18.21% |
| Dec 31, 2021 | 22.56% |
| Sep 30, 2021 | 23.82% |
AdaptHealth EBITDA 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=ebitda-margin&ticker=AHCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=AHCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();