AdaptHealth (AHCO) EBITDA Margin (2019 - 2026)
AdaptHealth (AHCO) posted EBITDA Margin of -4.59% for Q3 2026, down 26.14 percentage points from 21.56% a year earlier and down 2.90 percentage points from the prior quarter.
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Analysis
AdaptHealth (AHCO) EBITDA Margin (2019 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBITDA Margin at AdaptHealth was 3.93%, down 16.95 percentage points year-over-year; for FY2025, it came in at 15.04%, down 4.59 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of -0.26 percentage points (FY2020 to FY2025).
- In prior years, AdaptHealth's EBITDA Margin was 19.63% in FY2024 (+26.18 pp), -6.55% in FY2023 (-24.96 pp), 18.41% in FY2022 (-3.41 pp) and 21.82% in FY2021 (+6.51 pp).
- The Q3 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 four quarters, with an average year-over-year change of -3.51 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 64.65 percentage points; the weakest was Q3 2023, with a drop of 64.50 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was -1.68% (Q2 2026), 14.27% (Q1 2026) and 5.53% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - | 19.86% |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn | -5.84% |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn | 15.36% |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn | 20.21% |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - | 35.02% |
| 6 | Guardant Health | 21.32 Bn | 16.94 Bn | 236.15 Mn | -33.96% |
| 7 | Tempus AI | 14.79 Bn | 11.95 Bn | 266.70 Mn | - |
| 8 | BrightSpring Health Services | 14.35 Bn | 12.11 Bn | 518.55 Mn | 4.78% |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - | 23.96% |
| 10 | AdaptHealth | 991.60 Mn | 713.52 Mn | 114.81 Mn | -4.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -4.59% |
| Jun 30, 2026 | -1.68% |
| Mar 31, 2026 | 14.27% |
| Dec 31, 2025 | 3.38% |
| Sep 30, 2025 | 19.91% |
| Jun 30, 2025 | 24.62% |
| Mar 31, 2025 | 15.54% |
| Dec 31, 2024 | 22.34% |
| Sep 30, 2024 | 19.53% |
| Jun 30, 2024 | 18.08% |
| Mar 31, 2024 | 18.38% |
| Dec 31, 2023 | -14.38% |
| Sep 30, 2023 | -45.12% |
| Jun 30, 2023 | 19.57% |
| Mar 31, 2023 | 16.29% |
| Dec 31, 2022 | 16.71% |
| Sep 30, 2022 | 19.38% |
| Jun 30, 2022 | 19.24% |
| Mar 31, 2022 | 18.39% |
| Dec 31, 2021 | 22.75% |
API Access
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_KEYimport 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();