NASDAQ : ADUS
Addus HomeCare Corporation — Financial statements
Healthcare · Medical Care Facilities · United States
Last price 125.54 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 2.30B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Addus HomeCare Corporation (ADUS) reported revenue of 1.48B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.48B | 1.42B | 1.15B | 1.06B | 951.12M | 864.50M |
| Cost of Revenue | 1.00B | 960.66M | 779.58M | 718.77M | 651.38M | 595.24M |
| Gross Profit | 472.15M | 461.87M | 375.02M | 339.88M | 299.74M | 269.26M |
| Selling, General & Admin | 311.61M | 305.65M | 242.03M | 231.68M | 210.97M | 188.52M |
| Operating Expenses | 328.32M | 322.06M | 255.56M | 245.81M | 225.03M | 203.01M |
| Operating Income | 143.83M | 139.81M | 119.46M | 94.07M | 74.71M | 66.25M |
| Interest Expense | -9.94M | -13.61M | -7.73M | -11.11M | -8.91M | -5.81M |
| Interest & Investment Income | 2.43M | 2.44M | 4.39M | 1.48M | 341.00K | 268.00K |
| EBT Excluding Unusual Items | 136.32M | 128.65M | 116.12M | 84.44M | 66.14M | 60.71M |
| Merger & Restructuring Charges | -1.20M | -1.20M | -11.80M | -3.10M | -4.80M | -900.00K |
| Asset Writedown | -4.97M | -13.00K | -1.17M | |||
| Other Unusual Items | 5.60M | 591.00K | ||||
| Pretax Income | 140.72M | 127.44M | 99.35M | 81.33M | 60.17M | 60.40M |
| Income Tax Expense | 35.41M | 31.54M | 25.75M | 18.81M | 14.15M | 15.27M |
| Earnings From Continuing Operations | 105.31M | 95.91M | 73.60M | 62.52M | 46.02M | 45.13M |
| Net Income | 105.31M | 95.91M | 73.60M | 62.52M | 46.02M | 45.13M |
| Net Income to Common | 105.31M | 95.91M | 73.60M | 62.52M | 46.02M | 45.13M |
| Shares Outstanding (Basic) | 18.17M | 18.05M | 17.01M | 16.00M | 15.86M | 15.74M |
| Shares Outstanding (Diluted) | 18.47M | 18.39M | 17.38M | 16.31M | 16.18M | 16.06M |
| EPS (Basic) | 5.80 | 5.31 | 4.33 | 3.91 | 2.90 | 2.87 |
| EPS (Diluted) | 5.71 | 5.22 | 4.23 | 3.83 | 2.84 | 2.81 |
| Free Cash Flow | 154.77M | 103.79M | 110.38M | 102.79M | 96.81M | 34.84M |
| Free Cash Flow Per Share | 8.38 | 5.64 | 6.35 | 6.30 | 5.98 | 2.17 |
| Gross Margin | 31.98% | 32.47% | 32.48% | 32.10% | 31.51% | 31.15% |
| Operating Margin | 9.74% | 9.83% | 10.35% | 8.89% | 7.85% | 7.66% |
| Profit Margin | 7.13% | 6.74% | 6.37% | 5.91% | 4.84% | 5.22% |
| Free Cash Flow Margin | 10.48% | 7.30% | 9.56% | 9.71% | 10.18% | 4.03% |
| EBITDA | 160.54M | 156.23M | 132.99M | 108.19M | 88.77M | 80.74M |
| EBITDA Margin | 10.87% | 10.98% | 11.52% | 10.22% | 9.33% | 9.34% |
| D&A For EBITDA | 16.71M | 16.41M | 13.53M | 14.13M | 14.06M | 14.49M |
| EBIT | 143.83M | 139.81M | 119.46M | 94.07M | 74.71M | 66.25M |
| EBIT Margin | 9.74% | 9.83% | 10.35% | 8.89% | 7.85% | 7.66% |
| Effective Tax Rate | 25.16% | 24.74% | 25.92% | 23.13% | 23.51% | 25.29% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 99.57M | 81.62M | 98.91M | 64.79M | 79.96M | 168.90M |
| Cash & Short-Term Investments | 99.57M | 81.62M | 98.91M | 64.79M | 79.96M | 168.90M |
| Accounts Receivable | 145.12M | 151.69M | 122.88M | 115.50M | 125.50M | 136.96M |
| Other Receivables | 1.09M | 10.52M | 11.57M | 7.56M | ||
| Receivables | 146.21M | 162.22M | 134.45M | 115.50M | 125.50M | 144.51M |
| Prepaid Expenses | 26.42M | 12.13M | 14.13M | 13.22M | 11.29M | |
| Other Current Assets | 11.95M | 13.53M | 12.89M | 6.50M | 6.06M | 10.94M |
| Total Current Assets | 284.15M | 269.49M | 260.38M | 200.00M | 222.81M | 324.34M |
| Property, Plant & Equipment | 64.89M | 68.71M | 72.05M | 69.44M | 60.16M | 54.53M |
| Goodwill | 1.01B | 996.70M | 970.56M | 663.00M | 582.84M | 504.39M |
| Other Intangible Assets | 99.40M | 102.41M | 109.64M | 91.98M | 72.19M | 64.32M |
| Total Assets | 1.46B | 1.44B | 1.41B | 1.02B | 937.99M | 947.59M |
| Accounts Payable | 18.04M | 16.83M | 27.18M | 26.18M | 22.09M | 19.36M |
| Accrued Expenses | 124.67M | 107.81M | 104.66M | 100.61M | 80.87M | 77.90M |
| Current Portion of Leases | 13.06M | 13.14M | 12.80M | 11.34M | 10.80M | 9.77M |
| Current Unearned Revenue | 12.38M | 11.70M | 11.24M | 5.76M | 12.91M | 4.17M |
| Other Current Liabilities | 1.22M | 4.47M | 6.49M | |||
| Total Current Liabilities | 168.15M | 149.49M | 155.87M | 145.12M | 131.15M | 117.69M |
| Long-Term Debt | 61.60M | 120.96M | 218.44M | 124.13M | 131.77M | 220.91M |
| Long-Term Leases | 34.16M | 37.26M | 41.88M | 39.71M | 35.48M | 32.86M |
| Long-Term Deferred Tax Liabilities | 44.37M | 44.06M | 25.82M | 8.53M | ||
| Other Long-Term Liabilities | 54.00K | 235.00K | 125.00K | 243.00K | 6.06M | 1.78M |
| Total Liabilities | 308.33M | 352.00M | 442.14M | 317.73M | 304.45M | 373.24M |
| Common Stock | 19.00K | 18.00K | 18.00K | 16.00K | 16.00K | 16.00K |
| Additional Paid-In Capital | 623.12M | 612.95M | 594.04M | 403.85M | 393.21M | 380.04M |
| Retained Earnings | 525.02M | 472.34M | 376.43M | 302.83M | 240.32M | 194.29M |
| Shareholders' Equity | 1.15B | 1.09B | 970.49M | 706.69M | 633.54M | 574.34M |
| Total Liabilities & Equity | 1.46B | 1.44B | 1.41B | 1.02B | 937.99M | 947.59M |
| Total Debt | 108.82M | 171.36M | 273.13M | 175.18M | 178.05M | 263.55M |
| Net Cash (Debt) | -9.25M | -89.75M | -174.22M | -110.39M | -98.09M | -94.65M |
| Net Cash Per Share | -0.50 | -4.88 | -10.02 | -6.77 | -6.06 | -5.89 |
| Filing Date Shares Outstanding | 18.29M | 18.14M | 17.93M | 16.03M | 15.92M | 15.79M |
| Total Common Shares Outstanding | 18.29M | 18.14M | 17.90M | 16.03M | 15.92M | 15.78M |
| Working Capital | 116.00M | 120.00M | 104.51M | 54.89M | 91.66M | 206.65M |
| Book Value Per Share | 62.76 | 59.84 | 54.21 | 44.10 | 39.80 | 36.40 |
| Tangible Book Value | 40.71M | -13.80M | -109.71M | -48.28M | -21.48M | 5.63M |
| Tangible Book Value Per Share | 2.23 | -0.76 | -6.13 | -3.01 | -1.35 | 0.36 |
| Machinery | 23.45M | 19.57M | 16.45M | 18.07M | 15.73M | |
| Leasehold Improvements | 12.23M | 11.77M | 11.11M | 10.75M | 9.71M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 105.31M | 95.91M | 73.60M | 62.52M | 46.02M | 45.13M |
| Depreciation & Amortization | 16.71M | 16.41M | 13.53M | 14.13M | 14.06M | 14.49M |
| Other Amortization | 1.31M | 1.29M | 1.05M | 860.00K | 860.00K | 804.00K |
| Loss (Gain) From Sale of Assets | -7.00K | -2.00K | -3.74M | |||
| Asset Writedown & Restructuring Costs | 4.97M | 13.00K | 1.17M | |||
| Stock-Based Compensation | 18.22M | 16.42M | 11.16M | 10.32M | 10.62M | 9.43M |
| Provision & Write-off of Bad Debts | 1.64M | 1.56M | 1.12M | 731.00K | 678.00K | 962.00K |
| Other Operating Activities | 17.71M | 17.89M | 13.23M | 2.80M | 3.91M | 7.28M |
| Change in Accounts Receivable | -4.88M | -26.65M | 22.14M | 15.67M | 20.59M | -3.92M |
| Change in Accounts Payable | 837.00K | -12.66M | -1.91M | 2.02M | 2.51M | -4.81M |
| Change in Other Net Operating Assets | 5.55M | 1.32M | -18.72M | 3.19M | 4.67M | -29.89M |
| Operating Cash Flow | 162.41M | 111.51M | 116.43M | 112.25M | 105.11M | 39.49M |
| Capital Expenditures | -7.63M | -7.72M | -6.05M | -9.45M | -8.30M | -4.64M |
| Sale of Property, Plant & Equipment | 32.00K | 15.00K | 29.00K | 15.00K | ||
| Cash Acquisitions | -40.41M | -28.64M | -353.95M | -109.80M | -98.29M | -37.37M |
| Divestitures | 3.85M | 5.36M | ||||
| Investing Cash Flow | -48.01M | -32.50M | -354.61M | -119.24M | -106.59M | -42.02M |
| Long-Term Debt Issued | 11.34M | 233.00M | 110.00M | 47.00M | 46.40M | |
| Total Debt Issued | 11.34M | 11.34M | 233.00M | 110.00M | 47.00M | 46.40M |
| Long-Term Debt Repaid | -110.00M | -136.35M | -118.50M | -137.00M | -18.13M | |
| Total Debt Repaid | -120.00M | -110.00M | -136.35M | -118.50M | -137.00M | -18.13M |
| Net Debt Issued (Repaid) | -108.67M | -98.67M | 96.65M | -8.50M | -90.00M | 28.27M |
| Issuance of Common Stock | 2.77M | 2.48M | 179.03M | 319.00K | 2.55M | 1.11M |
| Other Financing Activities | -109.00K | -113.00K | -3.39M | -3.03M | ||
| Financing Cash Flow | -106.00M | -96.30M | 272.30M | -8.18M | -87.45M | 26.34M |
| Net Cash Flow | 8.39M | -17.29M | 34.12M | -15.17M | -88.93M | 23.82M |
| Free Cash Flow | 154.77M | 103.79M | 110.38M | 102.79M | 96.81M | 34.84M |
| Free Cash Flow Margin | 10.48% | 7.30% | 9.56% | 9.71% | 10.18% | 4.03% |
| Free Cash Flow Per Share | 8.38 | 5.64 | 6.35 | 6.30 | 5.98 | 2.17 |
| Levered Free Cash Flow | 116.25M | 72.16M | 72.56M | 88.77M | 83.40M | 19.30M |
| Unlevered Free Cash Flow | 121.15M | 79.37M | 76.34M | 94.85M | 88.11M | 22.13M |
| Cash Interest Paid | 8.66M | 12.46M | 6.52M | 10.25M | 7.99M | 5.09M |
| Cash Income Tax Paid | 13.05M | 12.62M | 26.25M | 14.98M | 1.48M | 17.82M |
| Change in Working Capital | 1.51M | -37.98M | 1.51M | 20.89M | 27.78M | -38.61M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.30B | 1.96B | 2.25B | 1.49B | 1.59B | 1.47B |
| Enterprise Value | 2.31B | 2.06B | 2.07B | 1.62B | 1.69B | 1.59B |
| Last Close Price | 125.54 | 107.39 | 125.35 | 92.85 | 99.49 | 93.51 |
| PE Ratio | 21.99 | 20.42 | 30.54 | 23.77 | 34.48 | 32.69 |
| Forward PE | 17.42 | 16.03 | 21.73 | 20.01 | 25.30 | 24.28 |
| PS Ratio | 1.56 | 1.38 | 1.95 | 1.40 | 1.67 | 1.71 |
| PB Ratio | 2.00 | 1.80 | 2.32 | 2.10 | 2.50 | 2.57 |
| P/TBV Ratio | 56.42 | 261.94 | ||||
| P/FCF Ratio | 14.84 | 18.87 | 20.36 | 14.46 | 16.39 | 42.33 |
| P/OCF Ratio | 14.14 | 17.57 | 19.30 | 13.24 | 15.10 | 37.35 |
| PEG Ratio | 1.57 | 1.19 | 1.50 | 1.52 | 2.02 | 1.62 |
| EV/Sales Ratio | 1.56 | 1.45 | 1.80 | 1.53 | 1.78 | 1.83 |
| EV/EBITDA Ratio | 14.36 | 13.18 | 15.60 | 15.00 | 19.07 | 19.65 |
| EV/EBIT Ratio | 16.03 | 14.73 | 17.37 | 17.26 | 22.66 | 23.95 |
| EV/FCF Ratio | 14.90 | 19.84 | 18.80 | 15.79 | 17.49 | 45.53 |
| Debt / Equity Ratio | 0.10 | 0.16 | 0.28 | 0.25 | 0.28 | 0.46 |
| Debt / EBITDA Ratio | 0.62 | 1.00 | 1.89 | 1.46 | 1.74 | 2.87 |
| Debt / FCF Ratio | 0.70 | 1.65 | 2.47 | 1.70 | 1.84 | 7.56 |
| Net Debt / Equity Ratio | 0.01 | 0.08 | 0.18 | 0.16 | 0.15 | 0.17 |
| Net Debt / EBITDA Ratio | 0.06 | 0.57 | 1.31 | 1.02 | 1.10 | 1.17 |
| Net Debt / FCF Ratio | 0.06 | 0.86 | 1.58 | 1.07 | 1.01 | 2.72 |
| Asset Turnover | 1.03 | 1.00 | 0.95 | 1.08 | 1.01 | 0.94 |
| Quick Ratio | 1.46 | 1.63 | 1.50 | 1.24 | 1.57 | 2.66 |
| Current Ratio | 1.69 | 1.80 | 1.67 | 1.38 | 1.70 | 2.76 |
| Return on Equity (ROE) | 9.71% | 9.33% | 8.78% | 9.33% | 7.62% | 8.26% |
| Return on Assets (ROA) | 6.27% | 6.13% | 6.13% | 5.99% | 4.95% | 4.50% |
| Return on Invested Capital (ROIC) | 9.32% | 9.07% | 9.02% | 9.34% | 8.16% | 7.72% |
| Return on Capital Employed (ROCE) | 11.20% | 10.90% | 9.50% | 10.70% | 9.30% | 8.00% |
| Earnings Yield | 4.55% | 4.90% | 3.27% | 4.21% | 2.90% | 3.06% |
| FCF Yield | 6.74% | 5.30% | 4.91% | 6.92% | 6.10% | 2.36% |
| Buyback Yield / Dilution | -0.79% | -5.82% | -6.55% | -0.80% | -0.73% | -0.68% |