Adapthealth Corp (AHCO)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 20.22% | -5.38% | -22.90% | -24.21% | -25.30% | -8.19% | 9.16% | 9.69% | 10.81% | 5.05% | 5.79% | 6.19% | 4.84% | 5.05% | 3.17% | 1.39% | 3.47% | 7.43% | 9.26% | 9.05% |
| Operating profit margin | 8.17% | -1.62% | -18.22% | -18.41% | -19.48% | -11.81% | 5.42% | 5.70% | 6.65% | 10.96% | 12.68% | 13.78% | 13.48% | 11.38% | 9.70% | 8.17% | 10.35% | 4.58% | 4.87% | 5.75% |
| Pretax margin | 4.08% | -6.59% | -23.08% | -23.65% | -23.70% | -15.12% | 1.94% | 2.10% | 3.29% | 5.88% | 8.60% | 12.74% | 11.29% | 4.07% | -4.38% | -14.89% | -25.19% | -12.28% | -6.95% | -9.52% |
| Net profit margin | 2.80% | -6.71% | -21.85% | -22.34% | -22.10% | -14.25% | 1.46% | 1.50% | 2.42% | 4.47% | 6.79% | 10.63% | 9.33% | 3.14% | -4.26% | -13.63% | -23.45% | -11.13% | -6.44% | -8.94% |
Adapthealth Corp has experienced fluctuations in its profitability ratios over the past few years. The gross profit margin declined steadily from December 31, 2022, reaching a low of -25.30% by December 31, 2023, before recovering to 20.22% by December 31, 2024.
Similarly, the operating profit margin followed a downward trend, dipping into negative territory by September 30, 2023, and only returning to positive values by December 31, 2024, at 8.17%.
The pretax margin also displayed volatility, with negative values recorded up to September 30, 2022, before gradually improving to 4.08% by December 31, 2024.
The net profit margin showed a pattern of negative profitability from March 31, 2020, reaching its lowest point at -22.34% by June 30, 2024, and rebounding slightly to 2.80% by December 31, 2024.
Overall, Adapthealth Corp's profitability ratios reflect a mix of challenges and improvements, highlighting the company's efforts to navigate through various economic conditions and operational changes.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.88% | -1.16% | -12.77% | -12.75% | -13.27% | -7.49% | 3.08% | 3.12% | 3.65% | 4.44% | 4.91% | 5.03% | 4.30% | 3.68% | 2.74% | 1.74% | 3.93% | 2.41% | 4.43% | 4.85% |
| Return on assets (ROA) | 2.02% | -4.80% | -15.32% | -15.47% | -15.06% | -9.04% | 0.83% | 0.82% | 1.33% | 1.81% | 2.63% | 3.88% | 2.97% | 1.02% | -1.20% | -2.90% | -8.91% | -5.84% | -5.86% | -7.53% |
| Return on total capital | 7.07% | -2.45% | -17.20% | -16.75% | -16.82% | -8.44% | 4.19% | 4.10% | 4.73% | 5.32% | 6.36% | 7.91% | 6.69% | 3.62% | 0.37% | -2.47% | -11.68% | -5.98% | -2.91% | -2.88% |
| Return on equity (ROE) | 5.76% | -14.14% | -46.53% | -47.66% | -46.55% | -24.65% | 1.98% | 2.00% | 3.22% | 4.40% | 6.41% | 9.54% | 7.57% | 2.65% | -2.98% | -7.33% | -45.54% | -25.18% | -512.75% | — |
Based on the provided data, the profitability ratios of Adapthealth Corp have shown varying trends over the quarters.
1. Operating Return on Assets (Operating ROA):
- Adapthealth Corp's Operating ROA ranged from a high of 5.03% on March 31, 2022, to a low of -13.27% on December 31, 2023.
- The highest Operating ROA indicates the efficiency of the company in generating operating profit from its assets.
2. Return on Assets (ROA):
- The Return on Assets fluctuated from a low of -15.47% on March 31, 2024, to a positive figure of 3.88% on March 31, 2022.
- A positive ROA indicates the company's ability to generate profits from its total assets.
3. Return on Total Capital:
- The Return on Total Capital varied from a negative figure of -17.20% on June 30, 2024, to a positive figure of 7.91% on March 31, 2022.
- This ratio reflects the company's efficiency in generating returns from both equity and debt capital invested in the business.
4. Return on Equity (ROE):
- Adapthealth Corp's Return on Equity experienced significant fluctuations, with negative figures in some quarters and positive figures in others.
- ROE provides insights into how effectively the company is utilizing shareholders' equity to generate profits.
Overall, it is essential for Adapthealth Corp to closely monitor and improve its profitability ratios to ensure sustainable financial performance and value creation for its stakeholders.