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Acadia Healthcare Company Inc

acadiahealthcare.com

Acadia Healthcare Company Inc (NASDAQ: ACHC) is a behavioral healthcare company that owns and operates acute inpatient psychiatric facilities and other behavioral health treatment centers across the United States. Revenue is generated by billing patients, commercial insurers, Medicaid, and Medicare for inpatient psychiatric care, residential treatment, and outpatient behavioral health services. Acadia describes itself as the largest publicly traded pure-play behavioral healthcare services provider in the U.S., operating in a highly fragmented industry. The company is headquartered in Franklin, Tennessee and its common stock trades on the NASDAQ Global Select Market under the ticker ACHC. As of the 10-K filed February 27, 2026, Acadia carried a $1.0 billion senior secured revolving credit facility entered into on February 28, 2025, reflecting a debt-reliant capital structure. Growth strategy includes acquisitions, de novo facility development, joint ventures, and bed additions at existing locations.

Products & Services

Acute inpatient psychiatric facilities, residential behavioral health treatment, outpatient behavioral health services.

Revenue Model

Fee-for-service billing to commercial insurers, Medicaid, Medicare, and self-pay patients for inpatient psychiatric, residential, and outpatient behavioral health services.

Customers & Markets

Patients seeking behavioral health and psychiatric treatment; payors include commercial health insurers, Medicaid, and Medicare. End market is U.S. behavioral healthcare.

Geographic Exposure

United States, with national scale and a strategy to increase out-of-state patient referral volume. Principal offices in Franklin, Tennessee.

Financial Snapshot

Revenue
TTM
$3.368B
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
-$1.126B
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
157.24%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
Book Value
2026 Q2
2.192B
Cash
2026 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$257.5M

Stock Price

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Market Cap: $2.7576 Billion

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