AdaptHealth Corp

For the period ended Dec 31, 2024. Filed Feb 25, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 25, 2025

AHCO$7.33-1.1%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets— and

(in thousands, except share and per share data)

	December 31,2024	December 31,2023
Assets
Current assets:
Cash	$109,747	$77,132
Accounts receivable	408,019	388,910
Inventory	139,842	113,642
Prepaid and other current assets	45,432	69,338
Assets held for sale	52,748	—
Total current assets	755,788	649,022
Equipment and other fixed assets, net	474,556	495,101
Operating lease right-of-use assets	105,999	110,465
Finance lease right-of-use assets	37,801	31,962
Goodwill	2,675,166	2,724,958
Identifiable intangible assets, net	105,548	130,160
Deferred tax assets	314,505	345,854
Other assets	17,584	21,128
Total Assets	$4,486,947	$4,508,650
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable and accrued expenses	$437,985	$391,994
Current portion of long-term debt	16,250	53,368
Current portion of operating lease obligations	29,945	29,270
Current portion of finance lease obligations	14,315	9,122
Contract liabilities	34,944	38,570
Warrant liability	—	4,021
Other liabilities	26,505	10,654
Liabilities held for sale	7,043	—
Total current liabilities	566,987	536,999
Long-term debt, less current portion	1,964,921	2,094,614
Operating lease obligations, less current portion	80,275	85,529
Finance lease obligations, less current portion	24,630	22,746
Other long-term liabilities	272,016	302,093
Total Liabilities	2,908,829	3,041,981
Commitments and contingencies (Note 18)
Stockholders' Equity:
Common Stock, par value of $0.0001 per share, 300,000,000 shares authorized and 134,602,317 and 132,634,850 shares issued and outstanding as of December 31, 2024 and 2023, respectively	13	13
Preferred Stock, par value of $0.0001 per share, 5,000,000 shares authorized; 124,060 shares issued and outstanding as of December 31, 2024 and 2023	1	1
Treasury stock, at cost (2,935,035 and 3,935,035 shares as of December 31, 2024 and 2023, respectively)	(25,548)	(43,267)
Additional paid-in capital	2,156,604	2,149,951
Accumulated deficit	(562,178)	(652,600)
Accumulated other comprehensive income	2,253	4,356
Total stockholders' equity attributable to AdaptHealth Corp.	1,571,145	1,458,454
Noncontrolling interest in subsidiary	6,973	8,215
Total Stockholders' Equity	1,578,118	1,466,669
Total Liabilities and Stockholders' Equity	$4,486,947	$4,508,650

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.