Growth Metrics

AdaptHealth (AHCO) Net Margin (2019 - 2025)

AdaptHealth has reported Net Margin over the past 7 years, most recently at 12.0% for Q4 2025.

  • Quarterly results put Net Margin at 12.0% for Q4 2025, down 1800.0% from a year ago — trailing twelve months through Dec 2025 was 2.04% (down 494.0% YoY), and the annual figure for FY2025 was 2.04%, down 494.0%.
  • Net Margin for Q4 2025 was 12.0% at AdaptHealth, down from 3.14% in the prior quarter.
  • Over the last five years, Net Margin for AHCO hit a ceiling of 11.7% in Q2 2021 and a floor of 56.33% in Q3 2023.
  • Median Net Margin over the past 5 years was 1.92% (2023), compared with a mean of 2.37%.
  • Biggest five-year swings in Net Margin: plummeted -5828bps in 2023 and later skyrocketed 5930bps in 2024.
  • AdaptHealth's Net Margin stood at 7.55% in 2021, then plummeted by -103bps to 0.21% in 2022, then crashed by -14292bps to 29.55% in 2023, then soared by 120bps to 6.01% in 2024, then tumbled by -300bps to 12.0% in 2025.
  • The last three reported values for Net Margin were 12.0% (Q4 2025), 3.14% (Q3 2025), and 1.98% (Q2 2025) per Business Quant data.