AdaptHealth (AHCO) Invested Capital (2017 - 2026)
AdaptHealth (AHCO) posted Invested Capital of $3.12 billion for Q3 2026, down 7.9% from $3.39 billion a year earlier and down 4.8% from the prior quarter.
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Analysis
AdaptHealth (AHCO) Invested Capital (2017 - 2026) Analysis & Trends
For FY2025, AdaptHealth's Invested Capital came in at $3.26 billion, down 8.3% from FY2024.
- Annual Invested Capital has declined for three consecutive years, though with a five-year compound annual growth rate of 25.1% (FY2020 to FY2025).
- In prior years, AdaptHealth's Invested Capital was $3.56 billion in FY2024 (-1.5%), $3.61 billion in FY2023 (-16.8%), $4.35 billion in FY2022 (+1.8%) and $4.27 billion in FY2021 (+300.8%).
- The Q3 2026 figure stands as the lowest quarterly Invested Capital since Q4 2020.
- On a year-over-year basis, Invested Capital has declined in each of the last 13 quarters, with an average decline of 5.0% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q4 2021, with growth of 300.8%; the weakest was Q2 2024, with a decline of 18.1%.
- According to Business Quant data, Invested Capital for the three prior quarters was $3.27 billion (Q2 2026), $3.34 billion (Q1 2026) and $3.26 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 42.42 Bn |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | 1.95 Bn |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 14.88 Bn |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 13.50 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 | 4.36 Bn |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | 500.40 Mn |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 6.10 Bn |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 10.18 Bn |
| 10 | AdaptHealth | 1.05 Bn | 782.94 Mn | 114.81 Mn | 3.12 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.12 Bn |
| Jun 30, 2026 | 3.27 Bn |
| Mar 31, 2026 | 3.34 Bn |
| Dec 31, 2025 | 3.26 Bn |
| Sep 30, 2025 | 3.39 Bn |
| Jun 30, 2025 | 3.40 Bn |
| Mar 31, 2025 | 3.53 Bn |
| Dec 31, 2024 | 3.56 Bn |
| Sep 30, 2024 | 3.55 Bn |
| Jun 30, 2024 | 3.57 Bn |
| Mar 31, 2024 | 3.67 Bn |
| Dec 31, 2023 | 3.61 Bn |
| Sep 30, 2023 | 3.91 Bn |
| Jun 30, 2023 | 4.36 Bn |
| Mar 31, 2023 | 4.38 Bn |
| Dec 31, 2022 | 4.35 Bn |
| Sep 30, 2022 | 4.35 Bn |
| Jun 30, 2022 | 4.33 Bn |
| Mar 31, 2022 | 4.32 Bn |
| Dec 31, 2021 | 4.27 Bn |
API Access
AdaptHealth Invested Capital 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=invested-capital&ticker=AHCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=AHCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();