Company / Working Capital
AdaptHealth Corp. Working Capital History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$16.5M
FY2025
5-year range
$16.5M / $188.8M
FY2021-FY2025
Trend
-91.3%
vs FY2024
Sector context
#144 of 160
Health Care
What the data says
Among 160 Health Care companies, AdaptHealth Corp. is in the bottom 10% for working capital. Working Capital has fluctuated over the past 8 years, ranging from -$59M in FY2020 to $189M in FY2024.
Based on SEC 10-K filings.
$17M in FY2025 with a 3-year CAGR of -49.6%.
Declined from $112M to $17M over the past 2 years.
Health Care sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -49.6%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 10% in Health CareTop 90% of 160This company $16.5M Sector average $757.1M
▼
-97.8% below sector average
Key checks
Key Insights
- 3-year CAGR of -49.6%, indicating a declining trend.
- In FY2025, working capital decreased 91.3% year-over-year.
- Ranks #144 out of 160 companies in the Health Care sector.
- Peak working capital was recorded in FY2024.
Company context
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.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $16.5M | -91.3% |
| FY2024 | $188.8M | +68.5% |
| FY2023 | $112.0M | -13.2% |
| FY2022 | $129.1M | -24.2% |
| FY2021 | $170.2M | +389.5% |
| FY2020 | -$58.8M | -292.7% |
| FY2019 | $30.5M | +168.0% |
| FY2018 | -$44.9M | - |
As of FY2025 · SEC 10-K · Updated Jul 1, 2026