AdaptHealth (AHCO) Operating Margin (2019 - 2026)

AdaptHealth has reported Operating Margin for 8 years, with the latest figure at 18.61% in Q2 2026.

• On a quarterly basis, Operating Margin fell 2861.0% year-over-year to 18.61% in Q2 2026; TTM through Jun 2026 was 4.46%, a 1253.0% decrease from a year earlier, with the FY2025 full-year figure at 2.8%, down 529.0% from the prior year.
• Operating Margin was 18.61% for Q2 2026 at AdaptHealth, down from 0.67% in the prior quarter.
• The five-year high for Operating Margin was 11.4% in Q4 2024, with the low at 57.34% in Q3 2023.
• Average Operating Margin over 5 years is 1.14%, with a median of 6.42% recorded in 2024.
• The sharpest annual moves came in 2023 and 2024: Operating Margin tumbled 6434 bps in 2023, then surged 6522 bps in 2024.
• Over 5 years, Operating Margin stood at 3.43% in 2022, then tumbled by 841 bps to 25.38% in 2023, then jumped by 145 bps to 11.4% in 2024, then tumbled by 176 bps to 8.66% in 2025, then slumped by 115 bps to 18.61% in 2026.
• The last three Operating Margin figures came in at 18.61% (Q2 2026), 0.67% (Q1 2026), and 8.66% (Q4 2025), per Business Quant data.