AdaptHealth (AHCO) EBT Margin (2019 - 2026)
AdaptHealth (AHCO) reported EBT Margin of -22.33% for Q2 2026, down 28.14 percentage points from 5.81% a year earlier and down 19.88 percentage points from the prior quarter.
AdaptHealth (AHCO) EBT Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, AdaptHealth's EBT Margin came in at -7.66%, down 12.04 percentage points year-over-year; for FY2025, it was -0.47%, down 4.64 percentage points from FY2024.
- EBT Margin has a five-year change of +19.04 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 4.17% in FY2024 (+26.79 pp), -22.62% in FY2023 (-25.91 pp), 3.30% in FY2022 (-4.48 pp) and 7.78% in FY2021 (+27.28 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBT Margin since Q4 2023.
- Year over year, EBT Margin has now declined in each of the last three quarters, with an average year-over-year change of +7.03 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was Q3 2024 (a gain of 64.61 percentage points); the low point was Q3 2023 (a drop of 63.65 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -2.45% (Q1 2026), -11.58% (Q4 2025) and 4.43% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 12.33% |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | -8.93% |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 13.54% |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 10.36% |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | -35.81% |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 23.81% |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 2.30% |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 16.38% |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 2.41% |
| 10 | AdaptHealth | 768.76 Mn | 498.80 Mn | 104.21 Mn | -22.33% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -22.33% |
| Mar 31, 2026 | -2.45% |
| Dec 31, 2025 | -11.58% |
| Sep 30, 2025 | 4.43% |
| Jun 30, 2025 | 5.81% |
| Mar 31, 2025 | -0.67% |
| Dec 31, 2024 | 8.25% |
| Sep 30, 2024 | 3.97% |
| Jun 30, 2024 | 3.45% |
| Mar 31, 2024 | 0.69% |
| Dec 31, 2023 | -31.66% |
| Sep 30, 2023 | -60.63% |
| Jun 30, 2023 | 2.58% |
| Mar 31, 2023 | 2.01% |
| Dec 31, 2022 | 0.41% |
| Sep 30, 2022 | 3.01% |
| Jun 30, 2022 | 3.31% |
| Mar 31, 2022 | 6.77% |
| Dec 31, 2021 | 4.77% |
| Sep 30, 2021 | 10.78% |
AdaptHealth EBT 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=ebt-margin&ticker=AHCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=AHCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();