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AdaptHealth (AHCO)
NASDAQ:AHCO
US Market

AdaptHealth (AHCO) Ratios

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AdaptHealth Ratios

AHCO's free cash flow for Q4 2025 was $0.19. For the 2025 fiscal year, AHCO's free cash flow was decreased by $ and operating cash flow was $-0.09. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
1.02 1.02 1.33 1.21 1.28
Quick Ratio
0.81 0.81 1.09 1.00 1.00
Cash Ratio
0.15 0.15 0.19 0.14 0.10
Solvency Ratio
0.11 0.12 0.16 -0.08 0.16
Operating Cash Flow Ratio
0.84 0.84 0.96 0.90 0.82
Short-Term Operating Cash Flow Coverage
8.75 29.62 33.34 9.01 10.68
Net Current Asset Value
$ -2.06B$ -2.06B$ -2.15B$ -2.39B$ -2.48B
Leverage Ratios
Debt-to-Assets Ratio
0.44 0.44 0.47 0.51 0.45
Debt-to-Equity Ratio
1.25 1.25 1.36 1.57 1.08
Debt-to-Capital Ratio
0.56 0.56 0.58 0.61 0.52
Long-Term Debt-to-Capital Ratio
0.53 0.53 0.56 0.59 0.50
Financial Leverage Ratio
2.84 2.84 2.86 3.09 2.43
Debt Service Coverage Ratio
2.48 3.59 4.11 -0.66 4.20
Interest Coverage Ratio
2.11 1.76 2.08 -4.59 1.74
Debt to Market Cap
1.33 1.29 1.56 2.20 0.85
Interest Debt Per Share
14.83 14.86 16.87 18.08 18.17
Net Debt to EBITDA
3.71 3.57 3.22 -12.96 3.62
Profitability Margins
Gross Profit Margin
6.45%17.52%20.89%21.30%14.05%
EBIT Margin
3.19%2.79%8.06%-18.49%6.98%
EBITDA Margin
17.05%15.52%19.26%-5.35%21.23%
Operating Profit Margin
7.84%5.74%8.09%-18.70%6.41%
Pretax Profit Margin
-0.53%-0.47%4.17%-22.62%3.30%
Net Profit Margin
-2.57%-2.18%2.77%-21.21%2.33%
Continuous Operations Profit Margin
-2.33%-2.04%2.91%-21.09%2.46%
Net Income Per EBT
480.74%467.16%66.48%93.80%70.80%
EBT Per EBIT
-6.80%-8.14%51.57%120.95%51.42%
Return on Assets (ROA)
-1.69%-1.64%2.02%-15.06%1.33%
Return on Equity (ROE)
-4.63%-4.66%5.76%-46.55%3.22%
Return on Capital Employed (ROCE)
6.18%5.17%6.73%-15.07%4.00%
Return on Invested Capital (ROIC)
6.06%5.07%4.62%-13.73%2.94%
Return on Tangible Assets
-4.31%-4.19%5.30%-41.06%4.59%
Earnings Yield
-5.43%-5.26%7.10%-69.42%2.69%
Efficiency Ratios
Receivables Turnover
7.65 8.75 7.99 8.23 8.27
Payables Turnover
7.54 7.59 9.06 11.91 11.47
Inventory Turnover
17.56 17.69 18.45 22.16 19.99
Fixed Asset Turnover
4.21 4.81 5.27 5.02 4.78
Asset Turnover
0.66 0.75 0.73 0.71 0.57
Working Capital Turnover Ratio
80.38 31.61 21.68 26.54 19.85
Cash Conversion Cycle
20.04 14.29 25.19 30.17 30.58
Days of Sales Outstanding
47.69 41.72 45.67 44.36 44.13
Days of Inventory Outstanding
20.79 20.63 19.78 16.47 18.26
Days of Payables Outstanding
48.43 48.06 40.27 30.65 31.81
Operating Cycle
68.47 62.35 65.45 60.83 62.39
Cash Flow Ratios
Operating Cash Flow Per Share
4.44 4.45 4.05 3.58 2.79
Free Cash Flow Per Share
1.62 1.62 1.76 1.07 -0.13
CapEx Per Share
2.82 2.83 2.29 2.52 2.92
Free Cash Flow to Operating Cash Flow
0.36 0.36 0.44 0.30 -0.05
Dividend Paid and CapEx Coverage Ratio
1.57 1.57 1.77 1.42 0.96
Capital Expenditure Coverage Ratio
1.57 1.57 1.77 1.42 0.96
Operating Cash Flow Coverage Ratio
0.32 0.32 0.25 0.21 0.16
Operating Cash Flow to Sales Ratio
0.21 0.19 0.17 0.15 0.13
Free Cash Flow Yield
16.29%16.30%18.52%14.64%-0.68%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
-18.42 -19.01 14.08 -1.44 37.20
Price-to-Sales (P/S) Ratio
0.47 0.41 0.39 0.31 0.87
Price-to-Book (P/B) Ratio
0.88 0.89 0.81 0.67 1.20
Price-to-Free Cash Flow (P/FCF) Ratio
6.14 6.14 5.40 6.83 -146.89
Price-to-Operating Cash Flow Ratio
2.23 2.24 2.35 2.03 6.90
Price-to-Earnings Growth (PEG) Ratio
0.10 0.10 -0.13 <0.01 -0.69
Price-to-Fair Value
0.88 0.89 0.81 0.67 1.20
Enterprise Value Multiple
6.49 6.24 5.24 -18.68 7.71
Enterprise Value
3.14B 3.14B 3.29B 3.20B 4.86B
EV to EBITDA
6.49 6.24 5.24 -18.68 7.71
EV to Sales
1.11 0.97 1.01 1.00 1.64
EV to Free Cash Flow
14.33 14.33 13.97 22.31 -276.91
EV to Operating Cash Flow
5.22 5.22 6.08 6.65 13.00
Tangible Book Value Per Share
-8.12 -8.14 -8.99 -10.35 -11.55
Shareholders’ Equity Per Share
11.21 11.24 11.75 10.87 16.03
Tax and Other Ratios
Effective Tax Rate
-3.36 -3.36 0.30 0.07 0.25
Revenue Per Share
20.96 24.01 24.38 23.85 22.14
Net Income Per Share
-0.54 -0.52 0.68 -5.06 0.52
Tax Burden
4.81 4.67 0.66 0.94 0.71
Interest Burden
-0.17 -0.17 0.52 1.22 0.47
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.10 0.12 0.11 0.06 0.05
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
-8.68 -9.11 5.72 -0.71 5.11
Currency in USD