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AdaptHealth AHCO Return on invested capital

Return on invested capital at other companies

CVS Health logo
CVS HealthCVS
7.1%-1.2pp
Cardinal Health logo
Cardinal HealthCAH
100.6%
BrightSpring Health Services, Inc. logo
BrightSpring Health Services, Inc.BTSG
7.2%+3.2pp
Aveanna Healthcare Holdings Inc. logo
Aveanna Healthcare Holdings Inc.AVAH
21.6%+7.0pp
The Pennant Group, Inc. logo
The Pennant Group, Inc.PNTG
5.6%-0.1pp
ResMed logo
ResMedRMD
26.5%+2.2pp

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+20.5%
Enterprise value$3.32B+4.3%
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

Calculated from AdaptHealth’s reported figures.

Based on trailing twelve months.

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 return on invested capital?
AdaptHealth (AHCO) reported return on invested capital of 0.7% in Q1 2026.
How has AdaptHealth's return on invested capital changed year-over-year?
AdaptHealth's return on invested capital decreased by 85.3% year-over-year, from 4.6% to 0.7%.
What is the long-term trend for AdaptHealth's return on invested capital?
Over 5 years (2020 to 2025), AdaptHealth's return on invested capital has grown at a -34.9% compound annual growth rate (CAGR), from 10.3% to 1.2%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.