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AdaptHealth AHCO Debt-to-equity

Debt-to-equity at other companies

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5.6×
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1.2×-0.2×

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+10.6%
Enterprise value$3.32B+1.7%
P/S0.4×0.0×

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
Current ratio0.9×-0.4×

Where this comes from

Calculated from AdaptHealth’s reported figures.

Based on the most recent quarter.

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 debt-to-equity?
AdaptHealth (AHCO) reported debt-to-equity of 1.3× in Q1 2026.
How has AdaptHealth's debt-to-equity changed year-over-year?
AdaptHealth's debt-to-equity decreased by 1.0% year-over-year, from 1.3× to 1.3×.
What is the long-term trend for AdaptHealth's debt-to-equity?
Over 5 years (2020 to 2025), AdaptHealth's debt-to-equity has grown at a -11.7% compound annual growth rate (CAGR), from 2.3× to 1.3×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.