AdaptHealth (AHCO) Gross Margin (2019 - 2025)
AdaptHealth has reported Gross Margin over the past 7 years, most recently at 20.34% for Q4 2025.
- Quarterly results put Gross Margin at 20.34% for Q4 2025, down 209.0% from a year ago — trailing twelve months through Dec 2025 was 18.77% (down 211.0% YoY), and the annual figure for FY2025 was 18.77%, down 211.0%.
- Gross Margin for Q4 2025 was 20.34% at AdaptHealth, up from 19.74% in the prior quarter.
- Over the last five years, Gross Margin for AHCO hit a ceiling of 35.47% in Q4 2023 and a floor of 11.98% in Q1 2023.
- Median Gross Margin over the past 5 years was 19.11% (2021), compared with a mean of 19.24%.
- Biggest five-year swings in Gross Margin: surged 1549bps in 2022 and later tumbled -1303bps in 2024.
- AdaptHealth's Gross Margin stood at 15.74% in 2021, then surged by 98bps to 31.23% in 2022, then rose by 14bps to 35.47% in 2023, then plummeted by -37bps to 22.44% in 2024, then fell by -9bps to 20.34% in 2025.
- The last three reported values for Gross Margin were 20.34% (Q4 2025), 19.74% (Q3 2025), and 19.32% (Q2 2025) per Business Quant data.