AdaptHealth Corp. (AHCO)

AdaptHealth Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-66.04	94.78	-674.78	73.13	158.15
Depreciation & Amortization	381.93	365.33	382.78	351.18	258.05
Stock-Based Compensation	21.88	14.88	22.47	22.4	25.32
Other Adjustments	197.43	92.9	775.3	35.16	-12.54
Change in Receivables	30.99	-26.22	-28.86	-0.21	-29.69
Changes in Inventories	-11.49	-28.07	15.53	-6.3	-14.92
Changes in Other Operating Activities	47.08	28.22	-11.78	-101.49	-108.7
Operating Cash Flow	601.77	541.84	480.67	373.87	275.68
Operating Cash Flow Growth	11.06%	12.73%	28.57%	35.62%	40.92%
Capital Expenditures	-382.39	-306.06	-337.46	-391.42	-203.31
Sale of Property, Plant & Equipment	-	5.32	-	-	-
Purchases of Investments	-	-	-0.13	-0.73	-1.13
Payments for Business Acquisitions	-42.38	-9.54	-19.69	-19.02	-1,620
Proceeds from Business Divestments	121.58	-	-	-	-
Investing Cash Flow	-303.19	-310.28	-357.28	-411.17	-1,825
Long-Term Debt Issued	-	253.48	50	-	2,265
Long-Term Debt Repaid	-250	-423.48	-95	-20	-827.27
Net Long-Term Debt Issued (Repaid)	-250	-170	-45	-20	1,438
Issuance of Common Stock	1.21	1.74	2.62	4.13	292.19
Repurchase of Common Stock	-	-	-29.28	-13.99	-
Net Common Stock Issued (Repurchased)	1.21	1.74	-26.66	-9.87	292.19
Other Financing Activities	-53.4	-30.69	-20.87	-36.19	-131.18
Financing Cash Flow	-302.19	-198.95	-92.53	-66.05	1,599
Net Cash Flow	-3.61	32.62	30.86	-103.36	49.67
Free Cash Flow	219.38	235.78	143.2	-17.56	72.37
Free Cash Flow Growth	-6.96%	64.65%	-	-	-53.57%
FCF Margin	6.76%	7.23%	4.47%	-0.59%	2.95%
Free Cash Flow Per Share	1.62	1.74	1.07	-	0.54
Levered Free Cash Flow	-285.66	-20.14	-674.82	-98.72	1,525
Unlevered Free Cash Flow	431.14	243.21	-508.81	-5.79	117.98

Updated Feb 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q