AdaptHealth (AHCO) Invested Capital (2017 - 2026)
AdaptHealth (AHCO) posted Invested Capital of $3.27 billion for Q2 2026, down 3.8% from $3.4 billion a year earlier and down 1.9% 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%).
- Quarterly Invested Capital has run from a low of $3.26 billion in Q4 2025 to a high of $4.38 billion in Q1 2023 over five years.
- On a year-over-year basis, Invested Capital has declined in each of the last 12 quarters, with an average decline of 5.2% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q3 2021, with growth of 301.6%; the weakest was Q2 2024, with a decline of 18.1%.
- According to Business Quant data, Invested Capital for the three prior quarters was $3.34 billion (Q1 2026), $3.26 billion (Q4 2025) and $3.39 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 92.33 Bn | 91.77 Bn | - | 43.08 Bn |
| 2 | Natera | 58.66 Bn | 54.34 Bn | 485.19 Mn | 1.90 Bn |
| 3 | Quest Diagnostics | 25.51 Bn | 23.94 Bn | 1.03 Bn | 13.46 Bn |
| 4 | Labcorp Holdings | 24.64 Bn | 22.41 Bn | 1.11 Bn | 14.47 Bn |
| 5 | Guardant Health | 23.35 Bn | 19.41 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.47 Bn | 11.62 Bn | - | 19.81 Bn |
| 7 | Tempus AI | 13.40 Bn | 10.43 Bn | 246.50 Mn | 444.93 Mn |
| 8 | Encompass Health | 11.75 Bn | 12.21 Bn | - | 6.04 Bn |
| 9 | BrightSpring Health Services | 11.31 Bn | 9.65 Bn | 492.75 Mn | 4.24 Bn |
| 10 | AdaptHealth | 774.21 Mn | 504.26 Mn | 104.21 Mn | 3.27 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 4.20 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();