AdaptHealth (AHCO) EV to FCF (2018 - 2026)
AdaptHealth's EV to FCF came in at 8.50 for Q3 2026, up 59.0% from 5.35 a year earlier but down 40.0% from the prior quarter.
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Analysis
AdaptHealth (AHCO) EV to FCF (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, AdaptHealth reported EV to FCF of 6.09, up 43.1% year-over-year; for FY2025, it came in at 5.70, up 14.0% from FY2024.
- Going back by year, EV to FCF was 5.00 in FY2024 (-20.3%), 6.27 in FY2023 and 43.24 in FY2021 (+45.3%).
- The five-year range for quarterly EV to FCF is 5.00 (Q4 2024) to 116.97 (Q2 2022).
- Year-over-year, EV to FCF has increased for four consecutive quarters, with growth averaging 19.5% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q2 2022 (growth of 324.9%), and the weakest in Q2 2024 (a decline of 89.6%).
- Business Quant data shows AHCO's EV to FCF at 14.18 (Q2 2026), 8.22 (Q1 2026) and 5.70 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn |
| 10 | AdaptHealth | 1.05 Bn | 782.94 Mn | 114.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.50 |
| Jun 30, 2026 | 14.18 |
| Mar 31, 2026 | 8.22 |
| Dec 31, 2025 | 5.70 |
| Sep 30, 2025 | 5.35 |
| Jun 30, 2025 | 5.25 |
| Mar 31, 2025 | 5.15 |
| Dec 31, 2024 | 5.00 |
| Sep 30, 2024 | 6.19 |
| Jun 30, 2024 | 7.65 |
| Mar 31, 2024 | 27.49 |
| Dec 31, 2023 | 6.27 |
| Sep 30, 2023 | 38.56 |
| Jun 30, 2023 | 73.65 |
| Mar 31, 2023 | 35.53 |
| Sep 30, 2022 | 36.89 |
| Jun 30, 2022 | 116.97 |
| Mar 31, 2022 | 25.84 |
| Dec 31, 2021 | 43.24 |
| Sep 30, 2021 | 40.11 |
API Access
AdaptHealth EV to FCF 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=ev-to-fcf&ticker=AHCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=AHCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();