Financial Snapshot

Revenue
$3.263B
TTM
Gross Margin
16.13%
TTM
Net Earnings
-$214.3M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
123.65%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.524B
Q3 2024
Cash
Q3 2024
P/E
-6.083
Nov 29, 2024 EST
Free Cash Flow
$229.3M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $3.200B $2.971B $2.455B $1.056B $529.6M $0.00 $0.00
YoY Change 7.73% 21.02% 132.35% 99.45%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $3.200B $2.971B $2.455B $1.056B $529.6M $0.00 $0.00
Cost Of Revenue $2.721B $2.553B $2.009B $898.6M $440.7M
Gross Profit $479.6M $417.4M $445.6M $157.8M $88.94M
Gross Profit Margin 14.99% 14.05% 18.15% 14.94% 16.79%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $190.1M $245.7M $234.6M $111.4M $68.90M $1.200M $0.00
YoY Change -22.63% 4.74% 110.58% 61.68% 5641.67%
% of Gross Profit 39.64% 58.86% 52.64% 70.6% 77.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $382.8M $351.2M $258.1M $82.45M $62.57M
YoY Change 9.0% 36.09% 213.0% 31.77%
% of Gross Profit 79.82% 84.13% 57.91% 52.25% 70.35%
Operating Expenses $247.2M $310.6M $297.7M $122.8M $72.00M $1.200M $0.00
YoY Change -20.42% 4.33% 142.42% 70.56% 5900.0%
Operating Profit -$598.4M $190.4M $225.6M $71.35M $29.38M
YoY Change -414.27% -15.6% 216.21% 142.86%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $130.3M $109.4M $95.20M $41.43M $39.30M $4.100M
YoY Change 19.09% 14.94% 129.77% 5.41% 858.63%
% of Operating Profit 57.46% 42.2% 58.07% 133.79%
Other Income/Expense, Net -$29.57M -$253.0K -$1.832M $3.444M $318.0K
YoY Change 11586.17% -86.19% -153.19% 983.02%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$723.8M $97.90M $191.0M -$206.0M -$21.86M $2.900M $0.00
YoY Change -839.29% -48.73% -192.68% 842.46% -853.86%
Income Tax -$49.00M $24.77M $32.81M -$11.96M $739.0K $800.0K $0.00
% Of Pretax Income 25.3% 17.18% 27.59%
Net Earnings -$678.9M $69.32M $156.2M -$161.6M -$21.34M $2.100M $0.00
YoY Change -1079.42% -55.62% -196.62% 657.38% -1116.24%
Net Earnings / Revenue -21.21% 2.33% 6.36% -15.3% -4.03%
Basic Earnings Per Share -$5.06 $0.47 $1.12 -$3.08 -$0.95
Diluted Earnings Per Share -$5.31 $0.33 $0.67 -$3.08 -$0.95 $67.09K $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $77.13M $46.27M $149.6M $100.0M $76.90M $900.0K $100.0K
YoY Change 66.69% -69.08% 49.63% 30.04% 8444.44% 800.0%
Cash & Equivalents $0.00
Short-Term Investments $14.00K $5.600M $54.00M
Other Short-Term Assets $69.34M $52.14M $37.44M $33.40M $12.70M $200.0K
YoY Change 32.99% 39.25% 12.1% 162.99% 6250.0%
Inventory $113.6M $127.8M $123.1M $58.80M $13.20M
Prepaid Expenses
Receivables $388.9M $359.1M $359.9M $171.1M $78.60M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $649.0M $585.3M $670.1M $363.3M $181.4M $1.100M $100.0K
YoY Change 10.89% -12.65% 84.44% 100.28% 16390.91% 1000.0%
Property, Plant & Equipment $637.5M $622.0M $546.3M $110.5M $63.60M
YoY Change 2.5% 13.85% 394.42% 73.74%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $367.0M $304.2M $319.3M $224.9M $34.80M $253.0M $200.0K
YoY Change 20.64% -4.73% 41.97% 546.26% -86.25% 126400.0%
Total Long-Term Assets $3.860B $4.634B $4.580B $1.450B $365.1M $253.0M $200.0K
YoY Change -16.72% 1.18% 215.85% 297.21% 44.31% 126400.0%
Total Assets $4.509B $5.220B $5.250B $1.814B $546.5M $254.1M $300.0K
YoY Change
Accounts Payable $257.9M $266.7M $248.0M $191.0M $79.20M $0.00 $100.0K
YoY Change -3.33% 7.55% 29.86% 141.16% -100.0%
Accrued Expenses $163.4M $100.8M $95.89M $37.80M $16.30M $500.0K $100.0K
YoY Change 62.18% 5.07% 153.68% 131.9% 3160.0% 400.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K
YoY Change -100.0%
Long-Term Debt Due $62.49M $37.21M $35.45M $30.40M $21.50M
YoY Change 67.93% 4.98% 16.6% 41.4%
Total Short-Term Liabilities $537.0M $456.2M $499.8M $422.1M $154.1M $700.0K $300.0K
YoY Change 17.71% -8.72% 18.41% 173.91% 21914.29% 133.33%
Long-Term Debt $2.117B $2.157B $2.184B $777.4M $395.1M $0.00 $0.00
YoY Change -1.85% -1.21% 180.9% 96.76%
Other Long-Term Liabilities $387.6M $448.4M $500.3M $333.1M $63.20M $7.900M
YoY Change -13.55% -10.37% 50.19% 427.06% 700.0%
Total Long-Term Liabilities $2.505B $2.606B $2.684B $1.111B $458.3M $7.900M $0.00
YoY Change -3.86% -2.92% 141.69% 142.31% 5701.27%
Total Liabilities $3.050B $3.068B $3.189B $1.459B $585.4M $8.600M $300.0K
YoY Change -0.59% -3.77% 118.61% 149.16% 6706.98% 2766.67%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 134.2M shares 134.2M shares 126.3M 52.49M 22.56M
Diluted Shares Outstanding 134.4M shares 139.0M shares 133.0M 52.49M 22.56M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.3038 Billion

About AdaptHealth Corp.

AdaptHealth Corp. engages in the provision of home healthcare equipment, supplies and related services. The company is headquartered in Plymouth Meeting, Pennsylvania and currently employs 10,700 full-time employees. The company went IPO on 2018-02-21. The firm is primarily focused on providing sleep therapy equipment, supplies and related services, including CPAP and bi PAP services to individuals suffering from obstructive sleep apnea (OSA); medical devices and supplies to patients for the treatment of diabetes, including continuous glucose monitors (CGM) and insulin pumps; home medical equipment to patients discharged from acute care and other facilities; oxygen and related chronic therapy services in the home; and other HME devices and supplies on behalf of chronically ill patients with wound care, urological, incontinence, ostomy and nutritional supply needs. The firm services beneficiaries of Medicare, Medicaid, and commercial insurance payors. The company serves patients annually in all 50 states through its network of approximately 680 locations in 47 states.

Industry: Services-Home Health Care Services Peers: Cencora, Inc. CARDINAL HEALTH INC COVETRUS, INC. HENRY SCHEIN INC MCKESSON CORP PATTERSON COMPANIES, INC. OWENS & MINOR INC/VA/ PetIQ, Inc.