AdaptHealth reported a gross margin of 14.08% and a net margin of -17.93% for the quarter ended Jun 2026. These financial ratios cover 35 quarters of results from Dec 2017 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||||||||||||
| Gross Margin | 18.89% | 15.74% | 15.45% | 16.16% | 14.51% | 31.23% | 11.98% | 15.11% | 13.75% | 35.47% | 19.87% | 21.01% | 20.11% | 22.44% | 15.48% | 20.66% | 19.74% | 20.34% | 13.60% | 14.08% | |||||||||||||||
| EBT Margin | 10.78% | 4.77% | 6.77% | 3.31% | 3.01% | 0.41% | 2.01% | 2.58% | -60.63% | -31.66% | 0.69% | 3.45% | 3.97% | 8.25% | -0.67% | 5.81% | 4.43% | -11.58% | -2.45% | -22.33% | |||||||||||||||
| EBIT Margin | 11.59% | 9.84% | 7.30% | 8.13% | 7.00% | 3.43% | 3.52% | 6.84% | -57.34% | -25.38% | 6.38% | 6.46% | 7.88% | 11.40% | 2.98% | 10.00% | 7.53% | -8.66% | 0.67% | -18.61% | |||||||||||||||
| EBITDA Margin | 20.73% | 19.10% | 16.80% | 17.67% | 17.89% | 15.25% | 14.77% | 18.10% | -46.11% | -15.26% | 17.39% | 17.08% | 18.45% | 21.32% | 14.45% | 22.90% | 18.81% | 2.27% | 13.06% | -3.38% | |||||||||||||||
| Operating Margin | 11.59% | 9.84% | 7.30% | 8.13% | 7.00% | 3.43% | 3.52% | 6.84% | -57.34% | -25.38% | 6.38% | 6.46% | 7.88% | 11.40% | 2.98% | 10.00% | 7.53% | -8.66% | 0.67% | -18.61% | |||||||||||||||
| Net Margin | 8.13% | 3.01% | 5.41% | 1.77% | 1.95% | -0.21% | 2.24% | 1.90% | -56.33% | -29.55% | -0.14% | 2.55% | 2.97% | 6.00% | -0.79% | 2.41% | 3.14% | -12.00% | -1.81% | -17.93% | |||||||||||||||
| FCF Margin | -5.08% | 5.31% | -1.52% | 3.61% | 1.70% | -5.89% | 6.87% | 0.47% | 2.70% | 7.76% | -4.90% | 14.48% | 10.53% | 8.53% | -0.01% | 11.16% | 8.15% | 9.37% | -3.35% | -2.83% | |||||||||||||||
| Efficiency | |||||||||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 90.69M | 111.49M | 111.37M | 101.16M | 114.02M | 126.56M | 131.89M | 125.45M | 115.61M | 114.99M | 111.11M | 116.24M | 128.69M | 136.67M | 134.57M | 139.07M | 148.97M | 131.99M | 137.08M | 132.37M | |||||||||||||||
| Assets AverageAssets Avg. | 4,939.69M | 5,221.10M | 5,227.41M | 5,203.18M | 5,220.00M | 5,228.78M | 5,251.51M | 5,243.23M | 4,964.13M | 4,616.95M | 4,506.17M | 4,507.30M | 4,490.42M | 4,478.44M | 4,462.15M | 4,394.09M | 4,367.17M | 4,350.05M | 4,370.29M | 4,382.44M | |||||||||||||||
| Invested CapitalInvested Cap. | 4,223.14M | 4,290.24M | 4,320.36M | 4,333.60M | 4,352.04M | 4,381.02M | 4,416.90M | 4,402.69M | 3,946.57M | 3,668.02M | 3,710.19M | 3,613.10M | 3,570.33M | 3,575.54M | 3,547.42M | 3,419.37M | 3,401.28M | 3,282.93M | 3,362.13M | 3,282.32M | |||||||||||||||
| Asset Utilization RatioAsset Util. | 0.43 | 0.47 | 0.51 | 0.54 | 0.55 | 0.57 | 0.57 | 0.59 | 0.63 | 0.69 | 0.72 | 0.72 | 0.73 | 0.73 | 0.73 | 0.70 | 0.71 | 0.71 | 0.72 | 0.74 | |||||||||||||||
| Leverage & Solvency | |||||||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | 3.12 | 2.70 | 2.08 | 2.31 | 1.86 | 0.88 | 0.82 | 1.67 | -14.27 | -6.50 | 1.56 | 1.58 | 2.02 | ||||||||||||||||||||||
| Debt Ratio | 0.43 | 0.42 | 0.42 | 0.42 | 0.42 | 0.43 | 0.43 | 0.43 | 0.47 | 0.49 | 0.50 | 0.47 | 0.46 | 0.45 | 0.44 | 0.42 | 0.41 | 0.41 | 0.42 | 0.44 | |||||||||||||||
| Times Interest Earned | 3.12 | 2.70 | 2.08 | 2.31 | 1.86 | 0.88 | 0.82 | 1.67 | -14.27 | -6.50 | 1.56 | 1.58 | 2.02 | ||||||||||||||||||||||
| Dividends & Payouts | |||||||||||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | 5.87 | 24.48 | -3.00 | 30.00 | 9.03 | -65.90 | -9.77 | -160.48 | |||||||||||||||||||||||||||
| FCF Payout RatioFCF Cover | 0.03 | 0.03 | -35.28 | 0.01 | 0.04 | 0.02 | -0.06 | -0.04 | |||||||||||||||||||||||||||
| Dividend YieldDiv. Yield | 0.26% | 0.16% | 0.14% | 0.04% | 0.24% | 0.11% | 0.09% | 0.06% | |||||||||||||||||||||||||||
| Payout Ratio | 0.17 | 0.04 | -0.33 | 0.03 | 0.11 | -0.02 | -0.10 | -0.01 | |||||||||||||||||||||||||||
| Valuation | |||||||||||||||||||||||||||||||||||
| Price to EarningsP/E | 58.00 | 154.90 | 56.31 | 188.52 | 171.39 | -0.00M | 100.00 | 108.85 | -2.71 | -3.81 | -0.00M | 64.96 | 63.14 | 24.93 | -238.66 | 80.66 | 47.07 | -13.28 | -108.83 | -10.70 | |||||||||||||||
| Price to SalesP/S | 4.71 | 4.66 | 3.05 | 3.33 | 3.34 | 3.31 | 2.24 | 2.06 | 1.53 | 1.13 | 1.93 | 1.65 | 1.87 | 1.50 | 1.88 | 1.94 | 1.48 | 1.59 | 1.97 | 1.92 | |||||||||||||||
| Price to BookP/B | 1.54 | 1.58 | 1.01 | 1.13 | 1.17 | 1.20 | 0.77 | 0.75 | 0.71 | 0.66 | 1.04 | 0.89 | 0.99 | 0.81 | 0.93 | 0.80 | 0.75 | 0.88 | 1.07 | 1.02 | |||||||||||||||
| Enterprise Value | 2,746.89M | 3,128.97M | 2,037.79M | 2,307.46M | 2,424.95M | 2,544.17M | 1,573.63M | 1,598.08M | 1,179.57M | 897.99M | 1,462.75M | 1,270.77M | 1,418.62M | 1,178.64M | 1,415.16M | 1,213.14M | 1,139.76M | 1,250.71M | 1,578.00M | 1,384.80M | |||||||||||||||
| EV to EBIT | 36.28 | 45.30 | 39.53 | 38.99 | 45.80 | 95.17 | 60.11 | 29.45 | -2.56 | -4.12 | 28.95 | 24.42 | 22.35 | 12.07 | 61.08 | 18.47 | 18.46 | -17.07 | 287.48 | -10.05 | |||||||||||||||
| EV to EBITDA | 20.29 | 23.34 | 17.17 | 17.95 | 17.92 | 21.37 | 14.31 | 11.13 | -3.18 | -6.85 | 10.61 | 9.23 | 9.54 | 6.45 | 12.59 | 8.06 | 7.39 | 65.07 | 14.74 | -55.39 | |||||||||||||||
| Market Capitalization | 3,079.29M | 3,273.82M | 2,151.96M | 2,421.79M | 2,530.10M | 2,583.84M | 1,667.46M | 1,637.08M | 1,228.42M | 966.91M | 1,533.07M | 1,333.77M | 1,510.87M | 1,281.41M | 1,462.76M | 1,275.09M | 1,212.05M | 1,349.09M | 1,618.56M | 1,420.30M | |||||||||||||||
| Price to FCFP/FCF | -92.85 | 87.75 | -200.84 | 92.09 | 196.86 | -56.18 | 32.61 | 441.38 | 56.49 | 14.51 | -39.46 | 11.43 | 17.81 | 17.53 | -0.03M | 17.39 | 18.14 | 17.02 | -58.88 | -67.82 | |||||||||||||||
| EV to FCF | -82.83 | 83.87 | -190.18 | 87.74 | 188.68 | -55.32 | 30.78 | 430.87 | 54.24 | 13.48 | -37.65 | 10.89 | 16.72 | 16.13 | -0.02M | 16.54 | 17.06 | 15.77 | -57.40 | -66.13 | |||||||||||||||
| EV to CFO | 101.26 | 31.00 | 30.67 | 22.30 | 22.66 | 26.25 | 11.22 | 18.51 | 11.93 | 5.78 | 29.83 | 6.42 | 9.82 | 7.84 | 14.81 | 7.49 | 7.08 | 6.83 | 16.84 | 9.53 | |||||||||||||||
| Return Ratios | |||||||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 11.59% | 9.84% | 7.30% | 8.13% | 7.00% | 3.43% | 3.52% | 6.84% | -57.34% | -25.38% | 6.38% | 6.46% | 7.88% | 11.40% | 2.98% | 10.00% | 7.53% | -8.66% | 0.67% | -18.61% | |||||||||||||||
| Return on Capital Employed [ROCE]ROCE | 4.30% | 4.78% | 5.47% | 5.36% | 4.90% | 3.99% | 3.49% | 3.35% | -7.84% | -14.67% | -14.30% | -14.73% | -1.31% | 6.74% | 6.08% | 6.63% | 6.72% | 2.13% | 1.64% | -3.92% | |||||||||||||||
| Return on Invested Capital [ROIC]ROIC | 3.52% | 4.39% | 5.08% | 4.67% | 4.10% | 3.25% | 2.74% | 2.80% | -7.98% | -14.65% | -14.70% | -14.90% | -1.47% | 5.14% | 4.75% | 3.94% | 3.97% | 6.17% | 3.51% | -4.11% | |||||||||||||||
| Return on Assets [ROA]ROA | 0.89% | 3.03% | 3.90% | 2.68% | 1.88% | 1.40% | 0.90% | 0.90% | -8.52% | -14.61% | -15.37% | -15.24% | -4.68% | 2.12% | 2.01% | 1.93% | 1.99% | -1.52% | -1.71% | -5.10% |