AdaptHealth (AHCO) Net Margin (2019 - 2026)
AdaptHealth's (AHCO) quarterly Net Margin came in at 1.81% in Q1 2026, down 103.0% year-on-year from 60.47% in Q1 2025, and up 84.89% quarter-over-quarter from 12.0% in Q4 2025.
AdaptHealth (AHCO) Net Margin (2019 - 2026) Analysis & Trends
AdaptHealth's Net Margin history runs 8 years deep, the most recent figure standing at 1.81% for Q1 2026.
- On a quarterly basis, Net Margin fell 103.0% year-over-year to 1.81% in Q1 2026; TTM through Mar 2026 was 2.28%, a 505.0% decrease from a year earlier, with the FY2025 full-year figure at 2.04%, down 494.0% from the prior year.
- Net Margin rose to 1.81% in Q1 2026 per AHCO's latest filing, from 12.0% in the prior quarter.
- Across five years, Net Margin topped out at 6.0% in Q4 2024 and bottomed at 56.33% in Q3 2023.
- The 5-year median for Net Margin is 1.9% (2023), against an average of 4.17%.
- Across the five-year window, Net Margin tumbled 5828 bps in 2023 and jumped 5930 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 0.21% in 2022, then plunged by 13975 bps to 29.55% in 2023, then soared by 120 bps to 6.0% in 2024, then tumbled by 300 bps to 12.0% in 2025, then jumped by 85 bps to 1.81% in 2026.
- Per Business Quant, the three latest AHCO Net Margin figures stand at 1.81% (Q1 2026), 12.0% (Q4 2025), and 3.14% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 12.84% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | - |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 16.74% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 3.87% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 8.01% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | AdaptHealth | 1.42 Bn | 1.38 Bn | 111.50 Mn | -1.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.81% |
| Dec 31, 2025 | -12.00% |
| Sep 30, 2025 | 3.14% |
| Jun 30, 2025 | 1.98% |
| Mar 31, 2025 | -0.78% |
| 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 | 5.41% |
| Dec 31, 2021 | 3.01% |
| Sep 30, 2021 | 8.13% |
| Jun 30, 2021 | 11.70% |