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AdaptHealth AHCO Respiratory Health — Total Patient equipment depreciation

Other segment segments

Sleep Health
$44.46M+16.4%
Wellness at Home
$16.21M+31.4%
Diabetes Health
$2.63M+16.0%

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Other financials

Income statement

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Revenue$819.8M+5.4%
Gross profit$111.5M-7.4%
Operating income$5.5M-76.3%
Net income-$16.0M-123%
EPS (diluted)-$0.12-140%

Balance sheet

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Cash & equivalents$48.0M-10.6%
Total debt$2.0B-4.9%
Total equity$1.5B-3.9%
Total assets$4.4B-0.3%

Cash flow

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Operating cash flow$93.7M-1.9%
CapEx$121.2M+26.8%
Free cash flow-$27.5M-47,297%

Valuation

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Market cap$1.36B+20.4%
Enterprise value$3.32B+4.2%
P/S0.4×+0.1×

Profitability

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Gross margin18.3%-1.6pp
Operating margin8%+6.9pp
Net margin-2.4%-5.1pp
FCF margin5.8%-2.6pp

Returns & leverage

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Return on equity-5.2%-10.8pp
Debt / equity1.3×0.0×
Current ratio0.9×-0.4×

Where this comes from

Reported directly by AdaptHealth in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: AdaptHealth’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AdaptHealth's respiratory health — total patient equipment depreciation?
AdaptHealth (AHCO) reported respiratory health — total patient equipment depreciation of $33.06M in Q1 2026.
How has AdaptHealth's respiratory health — total patient equipment depreciation changed year-over-year?
AdaptHealth's respiratory health — total patient equipment depreciation increased by 6.2% year-over-year, from $31.12M to $33.06M.
What is the long-term trend for AdaptHealth's respiratory health — total patient equipment depreciation?
Over 3 years (2022 to 2025), AdaptHealth's respiratory health — total patient equipment depreciation has grown at a 24.7% compound annual growth rate (CAGR), from $65.75M to $127.42M.
What does respiratory health — total patient equipment depreciation mean?
This represents the non-cash expense allocated to the wear and tear of medical equipment placed in patients' homes over its useful life. High levels of depreciation indicate significant capital intensity and the ongoing need for equipment replacement cycles.