AdaptHealth (AHCO) Net Margin (2019 - 2026)

AdaptHealth (AHCO) recorded quarterly Net Margin of 1.82% in Q1 2026, up 84.85% quarter-over-quarter from 12.0% in Q4 2025, and down 103.0% on a YoY basis from 60.6% in Q1 2025.

AdaptHealth (AHCO) Net Margin (2019 - 2026) Analysis & Trends

AdaptHealth's Net Margin history runs 8 years deep, the most recent figure standing at 1.82% for Q1 2026.

  • In Q1 2026, Net Margin fell 103.0% year-over-year to 1.82%; the TTM figure through Mar 2026 stood at 2.28% (down 505.0% YoY), while the FY2025 annual figure was 2.04%, down 494.0% from the prior year.
  • Net Margin was 1.82% for Q1 2026 at AdaptHealth, up from 12.0% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 6.0% in Q4 2024 to a low of 56.33% in Q3 2023.
  • Historically, Net Margin has averaged 4.39% across 5 years, with a median of 1.77% in 2022.
  • The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 5828 bps in 2023, then surged 5930 bps in 2024.
  • A 5-year view of Net Margin shows it stood at 0.21% in 2022, then slumped by 13975 bps to 29.55% in 2023, then jumped by 120 bps to 6.0% in 2024, then sank by 300 bps to 12.0% in 2025, then surged by 85 bps to 1.82% in 2026.
  • The last three Net Margin figures came in at 1.82% (Q1 2026), 12.0% (Q4 2025), and 3.14% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 9.65%
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.38%
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 12.75%
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 25.77%
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn -
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 0.00%
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 16.74%
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 8.01%
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn -
10 AdaptHealth 1.30 Bn 1.26 Bn 111.50 Mn -1.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.82%
Dec 31, 2025 -12.00%
Sep 30, 2025 3.14%
Jun 30, 2025 1.98%
Mar 31, 2025 -0.79%
Dec 31, 2024 6.00%
Sep 30, 2024 2.97%
Jun 30, 2024 2.55%
Mar 31, 2024 -0.14%
Dec 31, 2023 -29.55%
Sep 30, 2023 -56.33%
Jun 30, 2023 1.90%
Mar 31, 2023 2.24%
Dec 31, 2022 -0.21%
Sep 30, 2022 1.95%
Jun 30, 2022 1.77%
Mar 31, 2022 1.63%
Dec 31, 2021 7.55%
Sep 30, 2021 4.32%
Jun 30, 2021 2.66%