ADAPTHEALTH CORP (AHCO) Stock Fundamental Analysis

NASDAQ:AHCO • US00653Q1022

9.07 USD
-1.22 (-11.86%)
Last: Feb 24, 2026, 11:17 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Taking everything into account, AHCO scores 4 out of 10 in our fundamental rating. AHCO was compared to 101 industry peers in the Health Care Providers & Services industry. AHCO has a medium profitability rating, but doesn't score so well on its financial health evaluation. AHCO has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • AHCO had positive earnings in the past year.
  • AHCO had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: AHCO reported negative net income in multiple years.
  • Each year in the past 5 years AHCO had a positive operating cash flow.
AHCO Yearly Net Income VS EBIT VS OCF VS FCFAHCO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M -600M

1.2 Ratios

  • AHCO has a Return On Assets of 1.71%. This is comparable to the rest of the industry: AHCO outperforms 54.46% of its industry peers.
  • The Return On Equity of AHCO (4.68%) is comparable to the rest of the industry.
  • AHCO's Return On Invested Capital of 4.90% is in line compared to the rest of the industry. AHCO outperforms 56.44% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for AHCO is below the industry average of 8.93%.
  • The last Return On Invested Capital (4.90%) for AHCO is above the 3 year average (4.25%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 1.71%
ROE 4.68%
ROIC 4.9%
ROA(3y)-4%
ROA(5y)-3.64%
ROE(3y)-12.78%
ROE(5y)-15.4%
ROIC(3y)4.25%
ROIC(5y)3.76%
AHCO Yearly ROA, ROE, ROICAHCO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

1.3 Margins

  • The Profit Margin of AHCO (2.29%) is better than 61.39% of its industry peers.
  • AHCO's Profit Margin has declined in the last couple of years.
  • With a decent Operating Margin value of 8.10%, AHCO is doing good in the industry, outperforming 74.26% of the companies in the same industry.
  • AHCO's Operating Margin has improved in the last couple of years.
  • AHCO has a Gross Margin (24.25%) which is in line with its industry peers.
  • AHCO's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 8.1%
PM (TTM) 2.29%
GM 24.25%
OM growth 3Y1.95%
OM growth 5Y11.03%
PM growth 3Y-23.99%
PM growth 5YN/A
GM growth 3Y4.28%
GM growth 5Y4.45%
AHCO Yearly Profit, Operating, Gross MarginsAHCO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AHCO is destroying value.
  • Compared to 1 year ago, AHCO has more shares outstanding
  • Compared to 5 years ago, AHCO has more shares outstanding
  • Compared to 1 year ago, AHCO has an improved debt to assets ratio.
AHCO Yearly Shares OutstandingAHCO Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
AHCO Yearly Total Debt VS Total AssetsAHCO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.2 Solvency

  • AHCO has an Altman-Z score of 1.08. This is a bad value and indicates that AHCO is not financially healthy and even has some risk of bankruptcy.
  • With a Altman-Z score value of 1.08, AHCO is not doing good in the industry: 65.35% of the companies in the same industry are doing better.
  • The Debt to FCF ratio of AHCO is 8.00, which is on the high side as it means it would take AHCO, 8.00 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of AHCO (8.00) is comparable to the rest of the industry.
  • AHCO has a Debt/Equity ratio of 1.15. This is a high value indicating a heavy dependency on external financing.
  • AHCO has a Debt to Equity ratio of 1.15. This is in the lower half of the industry: AHCO underperforms 63.37% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.15
Debt/FCF 8
Altman-Z 1.08
ROIC/WACC0.66
WACC7.45%
AHCO Yearly LT Debt VS Equity VS FCFAHCO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • AHCO has a Current Ratio of 1.06. This is a normal value and indicates that AHCO is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.06, AHCO is doing worse than 64.36% of the companies in the same industry.
  • A Quick Ratio of 0.82 indicates that AHCO may have some problems paying its short term obligations.
  • AHCO's Quick ratio of 0.82 is on the low side compared to the rest of the industry. AHCO is outperformed by 75.25% of its industry peers.
Industry RankSector Rank
Current Ratio 1.06
Quick Ratio 0.82
AHCO Yearly Current Assets VS Current LiabilitesAHCO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • AHCO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 119.39%, which is quite impressive.
  • The Earnings Per Share has been growing by 10.23% on average over the past years. This is quite good.
  • Looking at the last year, AHCO shows a very negative growth in Revenue. The Revenue has decreased by -19.72% in the last year.
  • Measured over the past years, AHCO shows a very strong growth in Revenue. The Revenue has been growing by 43.84% on average per year.
EPS 1Y (TTM)119.39%
EPS 3Y10.23%
EPS 5YN/A
EPS Q2Q%6.67%
Revenue 1Y (TTM)-19.72%
Revenue growth 3Y9.93%
Revenue growth 5Y43.84%
Sales Q2Q%1.79%

3.2 Future

  • The Earnings Per Share is expected to grow by 20.59% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, AHCO will show a small growth in Revenue. The Revenue will grow by 7.27% on average per year.
EPS Next Y15.88%
EPS Next 2Y30.55%
EPS Next 3Y28.56%
EPS Next 5Y20.59%
Revenue Next Year-0.06%
Revenue Next 2Y3.16%
Revenue Next 3Y5.08%
Revenue Next 5Y7.27%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
AHCO Yearly Revenue VS EstimatesAHCO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B
AHCO Yearly EPS VS EstimatesAHCO Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 -1 -2

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 28.34, the valuation of AHCO can be described as expensive.
  • AHCO's Price/Earnings is on the same level as the industry average.
  • AHCO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.64.
  • AHCO is valuated reasonably with a Price/Forward Earnings ratio of 8.87.
  • Based on the Price/Forward Earnings ratio, AHCO is valued cheaply inside the industry as 90.10% of the companies are valued more expensively.
  • AHCO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.75.
Industry RankSector Rank
PE 28.34
Fwd PE 8.87
AHCO Price Earnings VS Forward Price EarningsAHCO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AHCO indicates a rather cheap valuation: AHCO is cheaper than 92.08% of the companies listed in the same industry.
  • AHCO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AHCO is cheaper than 93.07% of the companies in the same industry.
Industry RankSector Rank
P/FCF 5.31
EV/EBITDA 5.04
AHCO Per share dataAHCO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • AHCO's earnings are expected to grow with 28.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.78
PEG (5Y)N/A
EPS Next 2Y30.55%
EPS Next 3Y28.56%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • AHCO does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ADAPTHEALTH CORP

NASDAQ:AHCO (2/24/2026, 11:17:09 AM)

9.07

-1.22 (-11.86%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)11-04
Earnings (Next)02-24
Inst Owners93.73%
Inst Owner Change0.93%
Ins Owners1.81%
Ins Owner Change5.7%
Market Cap1.23B
Revenue(TTM)3.26B
Net Income(TTM)74.29M
Analysts81.43
Price Target13.64 (50.39%)
Short Float %6.64%
Short Ratio7.81
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-768.16%
Min EPS beat(2)-1325.49%
Max EPS beat(2)-210.83%
EPS beat(4)1
Avg EPS beat(4)-378.06%
Min EPS beat(4)-1325.49%
Max EPS beat(4)35.5%
EPS beat(8)2
Avg EPS beat(8)-338.41%
EPS beat(12)3
Avg EPS beat(12)-237.75%
EPS beat(16)3
Avg EPS beat(16)-191.06%
Revenue beat(2)0
Avg Revenue beat(2)-1.33%
Min Revenue beat(2)-2.38%
Max Revenue beat(2)-0.28%
Revenue beat(4)1
Avg Revenue beat(4)-0.94%
Min Revenue beat(4)-2.38%
Max Revenue beat(4)1.28%
Revenue beat(8)3
Avg Revenue beat(8)-0.44%
Revenue beat(12)5
Avg Revenue beat(12)-0.65%
Revenue beat(16)7
Avg Revenue beat(16)-0.18%
PT rev (1m)0.94%
PT rev (3m)0.94%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.18%
Valuation
Industry RankSector Rank
PE 28.34
Fwd PE 8.87
P/S 0.38
P/FCF 5.31
P/OCF 2.22
P/B 0.77
P/tB N/A
EV/EBITDA 5.04
EPS(TTM)0.32
EY3.53%
EPS(NY)1.02
Fwd EY11.27%
FCF(TTM)1.71
FCFY18.82%
OCF(TTM)4.08
OCFY44.97%
SpS23.93
BVpS11.72
TBVpS-8.56
PEG (NY)1.78
PEG (5Y)N/A
Graham Number9.19
Profitability
Industry RankSector Rank
ROA 1.71%
ROE 4.68%
ROCE 7.04%
ROIC 4.9%
ROICexc 4.99%
ROICexgc 20%
OM 8.1%
PM (TTM) 2.29%
GM 24.25%
FCFM 7.13%
ROA(3y)-4%
ROA(5y)-3.64%
ROE(3y)-12.78%
ROE(5y)-15.4%
ROIC(3y)4.25%
ROIC(5y)3.76%
ROICexc(3y)4.34%
ROICexc(5y)3.9%
ROICexgc(3y)17.05%
ROICexgc(5y)18.83%
ROCE(3y)6.1%
ROCE(5y)5.39%
ROICexgc growth 3Y0.25%
ROICexgc growth 5Y-13.24%
ROICexc growth 3Y18.04%
ROICexc growth 5Y-2.96%
OM growth 3Y1.95%
OM growth 5Y11.03%
PM growth 3Y-23.99%
PM growth 5YN/A
GM growth 3Y4.28%
GM growth 5Y4.45%
F-Score6
Asset Turnover0.74
Health
Industry RankSector Rank
Debt/Equity 1.15
Debt/FCF 8
Debt/EBITDA 2.88
Cap/Depr 87.27%
Cap/Sales 9.91%
Interest Coverage 2.35
Cash Conversion 87.62%
Profit Quality 311.22%
Current Ratio 1.06
Quick Ratio 0.82
Altman-Z 1.08
F-Score6
WACC7.45%
ROIC/WACC0.66
Cap/Depr(3y)94.46%
Cap/Depr(5y)82.09%
Cap/Sales(3y)11.04%
Cap/Sales(5y)9.03%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)119.39%
EPS 3Y10.23%
EPS 5YN/A
EPS Q2Q%6.67%
EPS Next Y15.88%
EPS Next 2Y30.55%
EPS Next 3Y28.56%
EPS Next 5Y20.59%
Revenue 1Y (TTM)-19.72%
Revenue growth 3Y9.93%
Revenue growth 5Y43.84%
Sales Q2Q%1.79%
Revenue Next Year-0.06%
Revenue Next 2Y3.16%
Revenue Next 3Y5.08%
Revenue Next 5Y7.27%
EBIT growth 1Y-23.13%
EBIT growth 3Y12.08%
EBIT growth 5Y59.71%
EBIT Next Year166.06%
EBIT Next 3Y47.51%
EBIT Next 5YN/A
FCF growth 1Y960.55%
FCF growth 3Y48.23%
FCF growth 5Y43.24%
OCF growth 1Y28.27%
OCF growth 3Y25.26%
OCF growth 5Y55.08%

ADAPTHEALTH CORP / AHCO FAQ

What is the ChartMill fundamental rating of ADAPTHEALTH CORP (AHCO) stock?

ChartMill assigns a fundamental rating of 4 / 10 to AHCO.


What is the valuation status of ADAPTHEALTH CORP (AHCO) stock?

ChartMill assigns a valuation rating of 5 / 10 to ADAPTHEALTH CORP (AHCO). This can be considered as Fairly Valued.


How profitable is ADAPTHEALTH CORP (AHCO) stock?

ADAPTHEALTH CORP (AHCO) has a profitability rating of 5 / 10.


What is the valuation of ADAPTHEALTH CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ADAPTHEALTH CORP (AHCO) is 28.34 and the Price/Book (PB) ratio is 0.77.