AdaptHealth (AHCO) EBT Margin (2019 - 2026)
AdaptHealth (AHCO) reported EBT Margin of -24.75% for Q3 2026, down 27.42 percentage points from 2.68% a year earlier and down 2.41 percentage points from the prior quarter.
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Analysis
AdaptHealth (AHCO) EBT Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, AdaptHealth's EBT Margin came in at -11.92%, down 16.02 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 Q3 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 five quarters, with an average year-over-year change of -3.80 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 Q3 2026 came in at -22.33% (Q2 2026), -2.45% (Q1 2026) and -4.43% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 11.94% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | -7.51% |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 8.61% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 13.43% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | -34.36% |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 3.07% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | -3.02% |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 16.02% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 10.02% |
| 10 | AdaptHealth | 1.05 Bn | 782.94 Mn | 114.81 Mn | -24.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -24.75% |
| Jun 30, 2026 | -22.33% |
| Mar 31, 2026 | -2.45% |
| Dec 31, 2025 | -4.43% |
| Sep 30, 2025 | 2.68% |
| 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% |
API Access
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_KEYimport 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();