AdaptHealth Corp.
AdaptHealth Corp. (NASDAQ: AHCO) operates as a national leader in providing patient-centered healthcare-at-home solutions through its integrated platform of home medical equipment, medical supplies, and related services. The company's website is https://adapthealth.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What AdaptHealth Corp. does
In the company’s own words
AdaptHealth Corp. (NASDAQ: AHCO) operates as a national leader in providing patient-centered healthcare-at-home solutions through its integrated platform of home medical equipment, medical supplies, and related services. The company's website is https://adapthealth.com.
The company serves approximately 4.3 million patients annually across all 50 states through a network of approximately 640 locations in 48 states. AdaptHealth completes an average of approximately 38,500 equipment and supply deliveries daily, supported by approximately 10,900 employees as of December 31, 2025.
AdaptHealth operates through four reportable segments aligned with its product categories. The Sleep Health segment provides sleep therapy equipment, supplies, and related services for obstructive sleep apnea treatment. The Respiratory Health segment delivers oxygen and home mechanical ventilation equipment and supplies for chronic respiratory diseases. The Diabetes Health segment offers continuous glucose monitors, insulin pumps, and related diabetes management services. The Wellness at Home segment provides home medical equipment and services for patients transitioning from acute care facilities. Resupply and one-time sale products, including PAP masks, continuous glucose monitors, and diabetes supplies, represented approximately 63 percent of net revenue for the year ended December 31, 2025. Fixed monthly rental payments for designated home medical equipment accounted for approximately 33 percent of revenue, while at-risk capitation arrangements represented approximately 4 percent.
The company services beneficiaries of Medicare, Medicaid, and commercial insurance payors. AdaptHealth maintains a centralized technology platform featuring automated, compliant, and integrated workflows, complemented by proprietary mobile delivery technology. The company acquires patients primarily through referrals from acute care hospitals, sleep laboratories, physician offices, skilled nursing facilities, and hospice operators.
AdaptHealth competes in a fragmented, highly competitive home medical equipment market against large national providers, regional competitors, and product-specific suppliers. The company emphasizes quality patient care, service efficiency, differentiated technology, strong referral source relationships, comprehensive product offerings, and broad payor contracts as key competitive factors. AdaptHealth outsources certain billing, accounts payable, and administrative functions to business process outsourcing providers, with approximately 4,400 full-time equivalent personnel provided through such arrangements.
Company details
- Sector
- Healthcare
- Industry
- Health Services
- Headquarters
- CONSHOHOCKEN, PA
- Fiscal year end
- December
- CIK
- 1725255
- SIC
- 8082
Financial performance, year by year
Fiscal 2018–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns AdaptHealth Corp. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · AdaptHealth Corp.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
AdaptHealth Corp.’s bonds, as funds hold them
Funds report holding 3 issues of AdaptHealth Corp.’s debt, $227.43M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.23%, maturing 2028 to 2030.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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