Addus Homecare Corp - Understand $adus stock

$ADUS Market Cap: $2.355 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.115B

TTM

Gross Margin

32.34%

TTM

Net Earnings

$68.90M

TTM

Current Assets

$295.0M

Q2 2024

Current Liabilities

$147.5M

Q2 2024

Current Ratio

199.95%

Q2 2024

Total Assets

$1.117B

Q2 2024

Total Liabilities

$194.9M

Q2 2024

Book Value

$921.7M

Q2 2024

Cash

$173.3M

Q2 2024

P/E

34.19

Sep 13, 2024 EST

Free Cash Flow

$99.22M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$1.059B	$951.1M	$864.5M	$764.8M	$648.8M	$516.6M	$426.0M	$400.9M	$336.8M	$312.9M	$265.9M	$244.3M	$230.1M	$230.1M	$219.9M	$197.9M	$194.6M	$178.2M	$163.7M
YoY Change	11.31%	10.02%	13.04%	17.88%	25.58%	21.28%	6.25%	19.04%	7.64%	17.68%	8.84%	6.17%	0.0%	4.64%	11.12%	1.7%	9.2%	8.86%	6.92%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$1.059B	$951.1M	$864.5M	$764.8M	$648.8M	$516.6M	$426.0M	$400.9M	$336.8M	$312.9M	$265.9M	$244.3M	$230.1M	$230.1M	$219.9M	$197.9M	$194.6M	$178.2M	$163.7M
Cost Of Revenue	$718.8M	$651.4M	$594.7M	$538.5M	$469.6M	$379.8M	$310.1M	$294.6M	$245.5M	$229.2M	$198.2M	$180.3M	$168.6M	$170.4M	$162.7M	$147.3M	$139.3M	$128.3M	$120.1M
Gross Profit	$339.9M	$299.7M	$269.8M	$226.2M	$179.2M	$136.8M	$115.9M	$106.3M	$91.30M	$83.70M	$67.70M	$64.10M	$61.50M	$59.70M	$57.20M	$50.60M	$55.30M	$49.80M	$43.60M
Gross Profit Margin	32.1%	31.51%	31.21%	29.58%	27.63%	26.48%	27.2%	26.52%	27.11%	26.75%	25.46%	26.24%	26.73%	25.95%	26.01%	25.57%	28.42%	27.95%	26.63%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$234.8M	$216.9M	$182.1M	$162.4M	$133.9M	$105.3M	$86.40M	$84.20M	$70.50M	$61.80M	$50.10M	$46.40M	$45.90M	$47.00M	$45.10M	$38.60M	$44.20M	$40.20M	$37.10M
YoY Change	8.23%	19.13%	12.14%	21.28%	27.16%	21.88%	2.61%	19.43%	14.08%	23.35%	7.97%	1.09%	-2.34%	4.21%	16.84%	-12.67%	9.95%	8.36%	6.92%
% of Gross Profit	69.08%	72.38%	67.49%	71.78%	74.71%	76.97%	74.56%	79.18%	77.22%	73.84%	74.0%	72.39%	74.63%	78.73%	78.85%	76.28%	79.93%	80.72%	85.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$14.13M	$14.06M	$14.49M	$12.05M	$10.57M	$8.642M	$6.663M	$6.647M	$4.700M	$3.800M	$2.200M	$2.500M	$3.600M	$4.000M	$4.900M	$6.100M	$6.000M	$2.400M	$900.0K
YoY Change	0.47%	-2.99%	20.27%	13.97%	22.36%	29.7%	0.24%	41.43%	23.68%	72.73%	-12.0%	-30.56%	-10.0%	-18.37%	-19.67%	1.67%	150.0%	166.67%	0.0%
% of Gross Profit	4.16%	4.69%	5.37%	5.33%	5.9%	6.32%	5.75%	6.25%	5.15%	4.54%	3.25%	3.9%	5.85%	6.7%	8.57%	12.06%	10.85%	4.82%	2.06%
Operating Expenses	$248.9M	$231.0M	$196.6M	$174.5M	$144.4M	$114.0M	$90.62M	$90.86M	$75.20M	$65.70M	$52.30M	$48.90M	$49.10M	$50.40M	$49.30M	$43.70M	$50.20M	$42.50M	$38.00M
YoY Change	7.76%	17.49%	12.67%	20.84%	26.69%	25.77%	-0.26%	20.82%	14.46%	25.62%	6.95%	-0.41%	-2.58%	2.23%	12.81%	-12.95%	18.12%	11.84%	6.44%
Operating Profit	$90.96M	$68.74M	$73.24M	$51.74M	$34.84M	$22.83M	$25.25M	$15.48M	$16.10M	$18.00M	$15.40M	$15.20M	$12.40M	$9.300M	$7.900M	$6.900M	$5.100M	$7.300M	$5.600M
YoY Change	32.32%	-6.15%	41.57%	48.51%	52.62%	-9.61%	63.18%	-3.88%	-10.56%	16.88%	1.32%	22.58%	33.33%	17.72%	14.49%	35.29%	-30.14%	30.36%	69.7%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Interest Expense	$11.11M	$8.907M	$5.806M	$3.189M	$3.105M	$5.016M	$4.472M	$2.332M	-$700.0K	-$700.0K	-$500.0K	-$1.600M	-$300.0K	-$3.000M	-$6.800M	-$5.800M	-$4.800M	-$2.000M	-$1.800M
YoY Change	24.69%	53.41%	82.06%	2.71%	-38.1%	12.16%	91.77%	-433.14%	0.0%	40.0%	-68.75%	433.33%	-90.0%	-55.88%	17.24%	20.83%	140.0%	11.11%	38.46%
% of Operating Profit	12.21%	12.96%	7.93%	6.16%	8.91%	21.97%	17.71%	15.07%	-4.35%	-3.89%	-3.25%	-10.53%	-2.42%	-32.26%	-86.08%	-84.06%	-94.12%	-27.4%	-32.14%
Other Income/Expense, Net					$0.00	$0.00	$200.0K	$200.0K
YoY Change						-100.0%	0.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	$81.33M	$60.17M	$60.40M	$41.94M	$33.17M	$20.40M	$21.06M	$16.16M	$15.30M	$17.40M	$15.00M	$14.10M	$12.70M	$6.300M	$1.100M	$1.100M	$200.0K	$5.400M	$3.800M
YoY Change	35.16%	-0.38%	44.0%	26.45%	62.57%	-3.14%	30.33%	5.63%	-12.07%	16.0%	6.38%	11.02%	101.59%	472.73%	0.0%	450.0%	-96.3%	42.11%	100.0%
Income Tax	$18.81M	$14.15M	$15.27M	$8.809M	$7.359M	$4.096M	$9.258M	$4.099M	$3.900M	$5.400M	$3.800M	$4.800M	$4.200M	$1.900M	-$100.0K	-$500.0K	$0.00	$500.0K	$100.0K
% Of Pretax Income	23.13%	23.51%	25.29%	21.0%	22.19%	20.08%	43.95%	25.36%	25.49%	31.03%	25.33%	34.04%	33.07%	30.16%	-9.09%	-45.45%	0.0%	9.26%	2.63%
Net Earnings	$62.52M	$46.03M	$45.13M	$33.13M	$25.24M	$16.43M	$11.95M	$12.16M	$11.60M	$12.20M	$19.10M	$7.600M	-$2.000M	$6.000M	$3.600M	$4.000M	$200.0K	$5.200M	$3.300M
YoY Change	35.83%	1.99%	36.2%	31.29%	53.58%	37.48%	-1.7%	4.83%	-4.92%	-36.13%	151.32%	-480.0%	-133.33%	66.67%	-10.0%	1900.0%	-96.15%	57.58%	135.71%
Net Earnings / Revenue	5.91%	4.84%	5.22%	4.33%	3.89%	3.18%	2.81%	3.03%	3.44%	3.9%	7.18%	3.11%	-0.87%	2.61%	1.64%	2.02%	0.1%	2.92%	2.02%
Basic Earnings Per Share	$3.91	$2.90	$2.87	$2.12	$1.83	$1.36	$1.04	$1.07
Diluted Earnings Per Share	$3.83	$2.84	$2.809M	$2.08	$1.77	$1.33	$1.03	$1.07	$1.036M	$1.099M	$1.721M	$703.7K	-$185.2K	$566.0K	$1.333M	$4.000M	$200.0K	$5.200M	$33.00M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$64.79M	$79.96M	$168.9M	$145.1M	$111.7M	$70.40M	$53.80M	$8.000M	$4.100M	$13.40M	$15.60M	$1.700M	$2.000M	$800.0K	$500.0K	$6.100M	$0.00
YoY Change	-18.97%	-52.66%	16.4%	29.9%	58.66%	30.86%	572.5%	95.12%	-69.4%	-14.1%	817.65%	-15.0%	150.0%	60.0%	-91.8%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$19.14M	$16.68M	$9.376M	$8.100M	$6.000M	$5.600M	$7.800M	$5.300M	$3.600M	$14.30M	$13.70M	$13.80M	$12.80M	$14.00M	$12.60M	$8.900M	$5.500M
YoY Change	14.74%	77.89%	15.75%	35.0%	7.14%	-28.21%	47.17%	47.22%	-74.83%	4.38%	-0.72%	7.81%	-8.57%	11.11%	41.57%	61.82%
Inventory
Prepaid Expenses
Receivables	$115.5M	$125.5M	$137.0M	$132.7M	$149.7M	$98.30M	$93.50M	$117.0M	$85.00M	$68.30M	$61.40M	$71.30M	$72.40M	$71.00M	$70.50M	$49.20M	$43.30M
Other Receivables	$577.0K	$666.0K	$9.115M	$1.800M	$2.000M	$1.700M	$600.0K	$700.0K	$1.300M	$1.400M	$800.0K	$1.000M	$1.800M	$0.00	$700.0K	$500.0K	$0.00
Total Short-Term Assets	$200.0M	$222.8M	$324.3M	$287.7M	$269.4M	$176.0M	$155.7M	$131.0M	$93.90M	$97.40M	$91.50M	$87.80M	$89.10M	$85.80M	$84.40M	$64.80M	$48.80M
YoY Change	-10.23%	-31.3%	12.74%	6.79%	53.07%	13.04%	18.85%	39.51%	-3.59%	6.45%	4.21%	-1.46%	3.85%	1.66%	30.25%	32.79%
Property, Plant & Equipment	$69.44M	$60.16M	$54.53M	$57.70M	$33.30M	$10.70M	$7.500M	$6.600M	$8.600M	$7.700M	$2.600M	$2.500M	$2.300M	$2.900M	$3.100M	$3.400M	$3.900M
YoY Change	15.43%	10.33%	-5.49%	73.27%	211.21%	42.67%	13.64%	-23.26%	11.69%	196.15%	4.0%	8.7%	-20.69%	-6.45%	-8.82%	-12.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments								$900.0K	$900.0K	$900.0K	$900.0K
YoY Change								0.0%	0.0%	0.0%
Other Assets			$0.00	$6.500M	$1.600M	$2.200M	$1.600M	$3.400M	$3.200M	$300.0K	$100.0K	$2.600M	$4.600M	$700.0K	$1.200M	$2.600M	$2.700M
YoY Change			-100.0%	306.25%	-27.27%	37.5%	-52.94%	6.25%	966.67%	200.0%	-96.15%	-43.48%	557.14%	-41.67%	-53.85%	-3.7%
Total Long-Term Assets	$824.4M	$715.2M	$623.2M	$604.9M	$367.3M	$172.1M	$116.0M	$98.90M	$91.90M	$83.40M	$72.40M	$62.10M	$65.60M	$81.10M	$76.90M	$70.90M	$69.90M
YoY Change	15.27%	14.75%	3.03%	64.69%	113.42%	48.36%	17.29%	7.62%	10.19%	15.19%	16.59%	-5.34%	-19.11%	5.46%	8.46%	1.43%
Total Assets	$1.024B	$938.0M	$947.6M	$892.6M	$636.7M	$348.1M	$271.7M	$229.9M	$185.8M	$180.8M	$163.9M	$149.9M	$154.7M	$166.9M	$161.3M	$135.7M	$118.7M
YoY Change
Accounts Payable	$26.18M	$22.09M	$19.36M	$23.70M	$19.60M	$12.20M	$7.400M	$4.500M	$4.700M	$4.000M	$4.600M	$4.100M	$5.300M	$3.300M	$3.800M	$3.900M	$2.600M
YoY Change	18.52%	14.12%	-18.32%	20.92%	60.66%	64.86%	64.44%	-4.26%	17.5%	-13.04%	12.2%	-22.64%	60.61%	-13.16%	-2.56%	50.0%
Accrued Expenses	$113.2M	$96.14M	$94.16M	$87.10M	$67.20M	$49.20M	$44.60M	$42.60M	$36.30M	$38.30M	$41.90M	$31.50M	$29.10M	$26.50M	$25.60M	$22.70M	$16.00M
YoY Change	17.71%	2.11%	8.1%	29.61%	36.59%	10.31%	4.69%	17.36%	-5.22%	-8.59%	33.02%	8.25%	9.81%	3.52%	12.78%	41.88%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due			$0.00	$1.000M	$700.0K	$100.0K	$3.100M	$2.500M	$1.100M	$1.000M		$200.0K	$6.600M	$5.200M	$7.400M	$7.100M	$5.000M
YoY Change			-100.0%	42.86%	600.0%	-96.77%	24.0%	127.27%	10.0%			-96.97%	26.92%	-29.73%	4.23%	42.0%
Total Short-Term Liabilities	$145.1M	$131.1M	$117.7M	$143.9M	$87.50M	$61.50M	$55.10M	$49.60M	$42.20M	$43.20M	$46.60M	$39.20M	$43.30M	$37.10M	$38.90M	$35.90M	$29.50M
YoY Change	10.65%	11.43%	-18.21%	64.46%	42.28%	11.62%	11.09%	17.54%	-2.31%	-7.3%	18.88%	-9.47%	16.71%	-4.63%	8.36%	21.69%
Long-Term Debt	$124.1M	$131.8M	$220.9M	$193.9M	$59.20M	$17.20M	$39.90M	$22.50M	$1.900M	$2.700M	$0.00	$16.30M	$25.00M	$40.00M	$41.90M	$65.30M	$54.60M
YoY Change	-5.8%	-40.35%	13.93%	227.53%	244.19%	-56.89%	77.33%	1084.21%	-29.63%		-100.0%	-34.8%	-37.5%	-4.53%	-35.83%	19.6%
Other Long-Term Liabilities	$48.48M	$41.54M	$34.64M	$36.10M	$14.50M	$900.0K	$400.0K			$1.100M				$1.100M
YoY Change	16.73%	19.91%	-4.04%	148.97%	1511.11%	125.0%
Total Long-Term Liabilities	$172.6M	$173.3M	$255.6M	$230.0M	$73.70M	$18.10M	$40.30M	$22.50M	$1.900M	$3.800M	$0.00	$16.30M	$25.00M	$41.10M	$41.90M	$65.30M	$54.60M
YoY Change	-0.4%	-32.18%	11.11%	212.08%	307.18%	-55.09%	79.11%	1084.21%	-50.0%		-100.0%	-34.8%	-39.17%	-1.91%	-35.83%	19.6%
Total Liabilities	$317.7M	$304.5M	$373.2M	$373.9M	$161.2M	$79.60M	$95.40M	$72.10M	$44.10M	$52.80M	$50.10M	$55.40M	$68.30M	$78.80M	$80.70M	$101.2M	$84.10M
YoY Change	4.36%	-18.43%	-0.18%	131.95%	102.51%	-16.56%	32.32%	63.49%	-16.48%	5.39%	-9.57%	-18.89%	-13.32%	-2.35%	-20.26%	20.33%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	16.00M	15.86M	15.74M	15.60M	13.82M	12.05M	11.47M	11.29M
Diluted Shares Outstanding	16.31M	16.18M	16.06M	15.96M	14.25M	12.38M	11.62M	11.35M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $2.3554 Billion

About Addus Homecare Corp

Addus HomeCare Corp. engages in the provision of in-home personal care services. The company is headquartered in Frisco, Texas and currently employs 6,059 full-time employees. The company went IPO on 2009-10-28. Its segments include Personal Care, Hospice, and Home Health. The Personal Care segment provides non-medical assistance with activities of daily living, to persons who are at increased risk of hospitalization or institutionalization, such as the elderly, chronically ill or disabled. The services it provides include assistance with bathing, grooming, feeding and dressing, medication reminders and others. The Hospice segment provides physical, emotional and spiritual care for people who are terminally ill and related services for their families. The Hospice services it provides include palliative nursing care, social work, spiritual counseling, homemaker services and bereavement counseling. Its Home Health segment provides services that are medical in nature to individuals who may require assistance during an illness or after hospitalization and includes skilled nursing and physical, occupational and speech therapy.

Industry: Services-Home Health Care Services Peers: 23andMe Holding Co. AGILITI, INC. \DE Astrana Health Inc CorVel Corp CVS Health Corp OPKO Health Inc Lifestance Health Group Inc Pediatrix Medical Group Inc ModivCare Inc