ADAPTHEALTH CORP (AHCO) Stock Fundamental Analysis

NASDAQ:AHCO • US00653Q1022

9.64 USD
+0.49 (+5.36%)
At close: Mar 2, 2026
9.54 USD
-0.1 (-1.04%)
Pre-Market: 3/3/2026, 5:10:35 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

Taking everything into account, AHCO scores 3 out of 10 in our fundamental rating. AHCO was compared to 101 industry peers in the Health Care Providers & Services industry. There are concerns on the financial health of AHCO while its profitability can be described as average. AHCO is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • AHCO had negative earnings in the past year.
  • In the past year AHCO had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: AHCO reported negative net income in multiple years.
  • AHCO had a positive operating cash flow in each of the past 5 years.
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 2025 0 200M -200M 400M -400M 600M -600M

1.2 Ratios

  • AHCO's Return On Assets of -1.63% is in line compared to the rest of the industry. AHCO outperforms 43.56% of its industry peers.
  • AHCO has a Return On Equity (-4.63%) which is in line with its industry peers.
  • AHCO's Return On Invested Capital of 3.98% is in line compared to the rest of the industry. AHCO outperforms 48.51% of its industry peers.
  • AHCO had an Average Return On Invested Capital over the past 3 years of 4.65%. This is below the industry average of 9.12%.
Industry RankSector Rank
ROA -1.63%
ROE -4.63%
ROIC 3.98%
ROA(3y)-4.95%
ROA(5y)-2.19%
ROE(3y)-15.31%
ROE(5y)-7.22%
ROIC(3y)4.65%
ROIC(5y)3.98%
AHCO Yearly ROA, ROE, ROICAHCO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40

1.3 Margins

  • AHCO's Operating Margin of 6.34% is fine compared to the rest of the industry. AHCO outperforms 70.30% of its industry peers.
  • AHCO's Operating Margin has improved in the last couple of years.
  • AHCO's Gross Margin of 21.07% is in line compared to the rest of the industry. AHCO outperforms 46.53% of its industry peers.
  • AHCO's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 6.34%
PM (TTM) N/A
GM 21.07%
OM growth 3Y-0.39%
OM growth 5Y3.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.81%
GM growth 5Y5%
AHCO Yearly Profit, Operating, Gross MarginsAHCO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 -20

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AHCO is destroying value.
  • The number of shares outstanding for AHCO has been increased compared to 1 year ago.
  • The number of shares outstanding for AHCO has been increased compared to 5 years ago.
  • 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 2025 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 2025 1B 2B 3B 4B 5B

2.2 Solvency

  • AHCO has an Altman-Z score of 0.99. This is a bad value and indicates that AHCO is not financially healthy and even has some risk of bankruptcy.
  • AHCO's Altman-Z score of 0.99 is on the low side compared to the rest of the industry. AHCO is outperformed by 68.32% of its industry peers.
  • AHCO has a debt to FCF ratio of 8.14. This is a slightly negative value and a sign of low solvency as AHCO would need 8.14 years to pay back of all of its debts.
  • AHCO's Debt to FCF ratio of 8.14 is in line compared to the rest of the industry. AHCO outperforms 50.49% of its industry peers.
  • A Debt/Equity ratio of 1.15 is on the high side and indicates that AHCO has dependencies on debt financing.
  • AHCO has a Debt to Equity ratio of 1.15. This is in the lower half of the industry: AHCO underperforms 62.38% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.15
Debt/FCF 8.14
Altman-Z 0.99
ROIC/WACC0.56
WACC7.16%
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 2025 0 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 1.02 indicates that AHCO should not have too much problems paying its short term obligations.
  • The Current ratio of AHCO (1.02) is worse than 68.32% of its industry peers.
  • A Quick Ratio of 0.81 indicates that AHCO may have some problems paying its short term obligations.
  • AHCO has a Quick ratio of 0.81. This is in the lower half of the industry: AHCO underperforms 75.25% of its industry peers.
Industry RankSector Rank
Current Ratio 1.02
Quick Ratio 0.81
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 2025 200M 400M 600M

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

4

3. Growth

3.1 Past

  • AHCO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -230.00%.
  • Looking at the last year, AHCO shows a very negative growth in Revenue. The Revenue has decreased by -19.95% in the last year.
  • The Revenue has been growing by 25.16% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-230%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-323.53%
Revenue 1Y (TTM)-19.95%
Revenue growth 3Y2.99%
Revenue growth 5Y25.16%
Sales Q2Q%-1.21%

3.2 Future

  • The Earnings Per Share is expected to grow by 33.39% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 6.53% on average over the next years.
EPS Next Y229.95%
EPS Next 2Y90.01%
EPS Next 3Y53.13%
EPS Next 5Y33.39%
Revenue Next Year7.34%
Revenue Next 2Y7.14%
Revenue Next 3Y6.53%
Revenue Next 5YN/A

3.3 Evolution

  • 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
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

  • AHCO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • The Price/Forward Earnings ratio is 9.51, which indicates a very decent valuation of AHCO.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of AHCO indicates a rather cheap valuation: AHCO is cheaper than 91.09% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.11, AHCO is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 9.51
AHCO Price Earnings VS Forward Price EarningsAHCO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -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.
  • 94.06% of the companies in the same industry are more expensive than AHCO, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 5.97
EV/EBITDA 5.09
AHCO Per share dataAHCO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as AHCO's earnings are expected to grow with 53.13% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y90.01%
EPS Next 3Y53.13%

More info and screens

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

0

5. Dividend

5.1 Amount

  • No dividends for AHCO!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ADAPTHEALTH CORP

NASDAQ:AHCO (3/2/2026, 8:01:43 PM)

Premarket: 9.54 -0.1 (-1.04%)

9.64

+0.49 (+5.36%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)02-24
Earnings (Next)05-04
Inst Owners93.73%
Inst Owner Change0.93%
Ins Owners1.81%
Ins Owner Change5.74%
Market Cap1.31B
Revenue(TTM)3.24B
Net Income(TTM)-70.27M
Analysts81.43
Price Target13.64 (41.49%)
Short Float %6.41%
Short Ratio6.8
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)-174.1%
Min EPS beat(2)-312.88%
Max EPS beat(2)-35.31%
EPS beat(4)0
Avg EPS beat(4)-471.13%
Min EPS beat(4)-1325.49%
Max EPS beat(4)-35.31%
EPS beat(8)1
Avg EPS beat(8)-252.52%
EPS beat(12)3
Avg EPS beat(12)-252.41%
EPS beat(16)3
Avg EPS beat(16)-207.71%
Revenue beat(2)1
Avg Revenue beat(2)0.19%
Min Revenue beat(2)-0.23%
Max Revenue beat(2)0.61%
Revenue beat(4)1
Avg Revenue beat(4)-0.57%
Min Revenue beat(4)-2.38%
Max Revenue beat(4)0.61%
Revenue beat(8)3
Avg Revenue beat(8)-0.5%
Revenue beat(12)5
Avg Revenue beat(12)-0.41%
Revenue beat(16)7
Avg Revenue beat(16)-0.16%
PT rev (1m)0.94%
PT rev (3m)0.94%
EPS NQ rev (1m)-2.78%
EPS NQ rev (3m)-11.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-9.58%
Revenue NQ rev (1m)-0.11%
Revenue NQ rev (3m)-0.11%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-0.17%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 9.51
P/S 0.4
P/FCF 5.97
P/OCF 2.18
P/B 0.86
P/tB N/A
EV/EBITDA 5.09
EPS(TTM)-0.78
EYN/A
EPS(NY)1.01
Fwd EY10.51%
FCF(TTM)1.61
FCFY16.74%
OCF(TTM)4.43
OCFY45.93%
SpS23.88
BVpS11.17
TBVpS-8.15
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -1.63%
ROE -4.63%
ROCE 5.71%
ROIC 3.98%
ROICexc 4.1%
ROICexgc 16.44%
OM 6.34%
PM (TTM) N/A
GM 21.07%
FCFM 6.76%
ROA(3y)-4.95%
ROA(5y)-2.19%
ROE(3y)-15.31%
ROE(5y)-7.22%
ROIC(3y)4.65%
ROIC(5y)3.98%
ROICexc(3y)4.77%
ROICexc(5y)4.1%
ROICexgc(3y)18.14%
ROICexgc(5y)17.62%
ROCE(3y)6.67%
ROCE(5y)5.71%
ROICexgc growth 3Y7.72%
ROICexgc growth 5Y-6.09%
ROICexc growth 3Y13.34%
ROICexc growth 5Y5.89%
OM growth 3Y-0.39%
OM growth 5Y3.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.81%
GM growth 5Y5%
F-Score3
Asset Turnover0.75
Health
Industry RankSector Rank
Debt/Equity 1.15
Debt/FCF 8.14
Debt/EBITDA 2.98
Cap/Depr 100.12%
Cap/Sales 11.78%
Interest Coverage 2.03
Cash Conversion 102.41%
Profit Quality N/A
Current Ratio 1.02
Quick Ratio 0.81
Altman-Z 0.99
F-Score3
WACC7.16%
ROIC/WACC0.56
Cap/Depr(3y)90.69%
Cap/Depr(5y)92.45%
Cap/Sales(3y)10.57%
Cap/Sales(5y)10.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-230%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-323.53%
EPS Next Y229.95%
EPS Next 2Y90.01%
EPS Next 3Y53.13%
EPS Next 5Y33.39%
Revenue 1Y (TTM)-19.95%
Revenue growth 3Y2.99%
Revenue growth 5Y25.16%
Sales Q2Q%-1.21%
Revenue Next Year7.34%
Revenue Next 2Y7.14%
Revenue Next 3Y6.53%
Revenue Next 5YN/A
EBIT growth 1Y-43.79%
EBIT growth 3Y2.59%
EBIT growth 5Y29.25%
EBIT Next Year178.25%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-6.96%
FCF growth 3YN/A
FCF growth 5Y7.08%
OCF growth 1Y11.06%
OCF growth 3Y17.19%
OCF growth 5Y25.2%

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 7 / 10 to ADAPTHEALTH CORP (AHCO). This can be considered as Undervalued.


How profitable is ADAPTHEALTH CORP (AHCO) stock?

ADAPTHEALTH CORP (AHCO) has a profitability rating of 4 / 10.