Cash Flow Statement
Growth Metrics

AdaptHealth (AHCO) Net Margin (2019 - 2026)

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

  • For Q4 2025, Net Margin fell 1800.0% year-over-year to 12.0%; the TTM value through Dec 2025 reached 2.04%, down 495.0%, while the annual FY2025 figure was 2.04%, 494.0% down from the prior year.
  • Net Margin for Q4 2025 was 12.0% at AdaptHealth, down from 3.14% in the prior quarter.
  • Over five years, Net Margin peaked at 6.01% in Q4 2024 and troughed at 56.33% in Q3 2023.
  • A 5-year average of 3.62% and a median of 1.83% in 2022 define the central range for Net Margin.
  • Biggest five-year swings in Net Margin: tumbled -5828bps in 2023 and later surged 5930bps in 2024.
  • Year by year, Net Margin stood at 4.56% in 2021, then surged by 95bps to 0.21% in 2022, then crashed by -13975bps to 29.55% in 2023, then skyrocketed by 120bps to 6.01% in 2024, then crashed by -300bps to 12.0% in 2025.
  • Business Quant data shows Net Margin for AHCO at 12.0% in Q4 2025, 3.14% in Q3 2025, and 1.98% in Q2 2025.