AdaptHealth (AHCO) Operating Margin (2019 - 2026)
AdaptHealth's quarterly Operating Margin came in at 0.67% in Q1 2026, down 231.0% year-on-year from 0.51% in Q1 2025, and up 107.73% quarter-over-quarter from 8.66% in Q4 2025.
AdaptHealth has reported Operating Margin for 8 years, with the latest figure at 0.67% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 231.0% year-over-year to 0.67%; the trailing twelve-month figure through Mar 2026 stood at 2.23% (down 505.0% YoY), and the FY2025 full-year result was 2.8%, down 529.0% from the prior year.
- Operating Margin for Q1 2026 stood at 0.67%, up from 8.66% 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 0.12%, with a median of 6.46% recorded in 2024.
- Year-over-year, Operating Margin plunged 6434 bps in 2023 and soared 6522 bps in 2024.
- Tracing AHCO's Operating Margin over 5 years: 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 surged by 108 bps to 0.67% in 2026.
- The last three Operating Margin figures came in at 0.67% (Q1 2026), 8.66% (Q4 2025), and 7.53% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 12.05% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 15.55% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 16.24% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 21.16% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 28.97% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 6.17% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 21.42% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 10.04% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 19.94% |
| 10 | AdaptHealth | 1.35 Bn | 1.31 Bn | 111.50 Mn | 0.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.67% |
| Dec 31, 2025 | -8.66% |
| Sep 30, 2025 | 7.53% |
| Jun 30, 2025 | 9.90% |
| Mar 31, 2025 | 2.98% |
| Dec 31, 2024 | 11.40% |
| Sep 30, 2024 | 7.88% |
| Jun 30, 2024 | 6.46% |
| Mar 31, 2024 | 6.38% |
| Dec 31, 2023 | -25.38% |
| Sep 30, 2023 | -57.34% |
| Jun 30, 2023 | 6.84% |
| Mar 31, 2023 | 3.52% |
| Dec 31, 2022 | 3.43% |
| Sep 30, 2022 | 7.00% |
| Jun 30, 2022 | 8.13% |
| Mar 31, 2022 | 7.30% |
| Dec 31, 2021 | 9.84% |
| Sep 30, 2021 | 11.59% |
| Jun 30, 2021 | 10.60% |
| Mar 31, 2021 | 3.20% |
| Dec 31, 2020 | 9.84% |
| Sep 30, 2020 | 4.66% |
| Jun 30, 2020 | 6.71% |
| Mar 31, 2020 | 4.29% |
| Dec 31, 2019 | 0.26% |
| Sep 30, 2019 | 6.39% |
| Jun 30, 2019 | 12.01% |
| Mar 31, 2019 | 4.48% |