AdaptHealth (AHCO) Return on Capital Employed [ROCE] (2018 - 2026)
AdaptHealth (AHCO) recorded Return on Capital Employed [ROCE] of -9.07% in Q3 2026, down 15.29 percentage points from 6.22% a year earlier and down 5.79 percentage points from the prior quarter.
AdaptHealth (AHCO) Return on Capital Employed [ROCE] (2018 - 2026) Analysis & Trends
For FY2025, AdaptHealth reported Return on Capital Employed [ROCE] of 2.46%, down 4.25 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of -6.95 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 6.71% in FY2024 (+20.54 pp), -13.83% in FY2023 (-17.81 pp), 3.98% in FY2022 (-3.46 pp) and 7.44% in FY2021 (-1.97 pp).
- The Q3 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] since Q2 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for four consecutive quarters, with an average year-over-year change of +4.71 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 21.41 percentage points in Q4 2024, against a drop of 18.66 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -3.28% (Q2 2026), 2.29% (Q1 2026) and 2.77% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 27.97% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | -12.46% |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 9.44% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 11.30% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | -33.03% |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 11.79% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | -14.14% |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 13.69% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 14.26% |
| 10 | AdaptHealth | 1.05 Bn | 782.94 Mn | 114.81 Mn | -9.07% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -9.07% |
| Jun 30, 2026 | -3.28% |
| Mar 31, 2026 | 2.29% |
| Dec 31, 2025 | 2.77% |
| Sep 30, 2025 | 6.22% |
| Jun 30, 2025 | 6.63% |
| Mar 31, 2025 | 6.08% |
| Dec 31, 2024 | 6.74% |
| Sep 30, 2024 | -1.31% |
| Jun 30, 2024 | -14.73% |
| Mar 31, 2024 | -14.30% |
| Dec 31, 2023 | -14.67% |
| Sep 30, 2023 | -7.84% |
| Jun 30, 2023 | 3.35% |
| Mar 31, 2023 | 3.49% |
| Dec 31, 2022 | 3.99% |
| Sep 30, 2022 | 4.90% |
| Jun 30, 2022 | 5.36% |
| Mar 31, 2022 | 5.47% |
| Dec 31, 2021 | 4.78% |
AdaptHealth Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=AHCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "AHCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=AHCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();