AdaptHealth (AHCO) Return on Invested Capital [ROIC] (2019 - 2026)
AdaptHealth (AHCO) posted Return on Invested Capital [ROIC] of -9.31% for Q3 2026, down 12.77 percentage points from 3.46% a year earlier and down 5.76 percentage points from the prior quarter.
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Analysis
AdaptHealth (AHCO) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
For FY2025, AdaptHealth's Return on Invested Capital [ROIC] came in at 2.66%, down 2.46 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -6.96 percentage points (FY2020 to FY2025).
- In prior years, AdaptHealth's Return on Invested Capital [ROIC] was 5.12% in FY2024 (+19.14 pp), -14.02% in FY2023 (-17.32 pp), 3.30% in FY2022 (-3.70 pp) and 7.00% in FY2021 (-2.62 pp).
- The Q3 2026 figure stands as the lowest quarterly Return on Invested Capital [ROIC] since Q2 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last four quarters, with an average year-over-year change of +4.86 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q4 2024, with a gain of 20.00 percentage points; the weakest was Q4 2023, with a drop of 18.10 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -3.55% (Q2 2026), 2.51% (Q1 2026) and 3.03% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 21.76% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | -9.90% |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 8.35% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 9.85% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | - |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 10.04% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | -57.17% |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 11.80% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 16.52% |
| 10 | AdaptHealth | 1.05 Bn | 782.94 Mn | 114.81 Mn | -9.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -9.31% |
| Jun 30, 2026 | -3.55% |
| Mar 31, 2026 | 2.51% |
| Dec 31, 2025 | 3.03% |
| Sep 30, 2025 | 3.46% |
| Jun 30, 2025 | 3.96% |
| Mar 31, 2025 | 4.78% |
| Dec 31, 2024 | 5.17% |
| Sep 30, 2024 | -1.45% |
| Jun 30, 2024 | -15.06% |
| Mar 31, 2024 | -14.89% |
| Dec 31, 2023 | -14.83% |
| Sep 30, 2023 | -8.06% |
| Jun 30, 2023 | 2.83% |
| Mar 31, 2023 | 2.76% |
| Dec 31, 2022 | 3.27% |
| Sep 30, 2022 | 4.10% |
| Jun 30, 2022 | 4.67% |
| Mar 31, 2022 | 5.09% |
| Dec 31, 2021 | 4.41% |
API Access
AdaptHealth Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=AHCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=AHCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();