AdaptHealth Corp. Cash Flow Statement
AHCO / Health Care|8 years of annual SEC 10-K data (FY2018-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 8 fiscal years. All figures from audited SEC 10-K filings.
AdaptHealth Corp. generated $602M in operating cash flow and $219M in free cash flow in FY2025. Free cash flow margin was 6.8% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.92 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Net Income | -$70.8M | $90.4M | $156.2M | -$161.6M | -$21.3M | -$161.6M | $23.3M | $23.3M |
| Depreciation & Amortization | $381.9M | $365.3M | $258.1M | $82.4M | $62.6M | $82.4M | $47.9M | $47.9M |
| Operating Cash Flow | $601.8M | $541.8M | $275.7M | $195.6M | $60.4M | $195.6M | $68.4M | $68.4M |
| Capital Expenditures | $382.4M | $306.1M | $203.3M | $39.8M | $21.3M | $39.8M | $9.9M | $9.9M |
| Free Cash Flow | $219.4M | $235.8M | $72.4M | $155.9M | $39.1M | $155.9M | $58.5M | $58.5M |
| Share Buybacks | $0 | $0 | $0 | $0 | $23.7M | $0 | $20.0M | - |
| FCF Margin | 6.8% | 7.2% | 2.9% | 14.8% | 7.4% | 14.8% | 16.9% | 16.9% |