Addus HomeCare Corporation (ADUS) 10-Year Financial Performance & Capital Metrics

ADUS • • Industrial / General

HealthcareHealthcare FacilitiesHome Health & Hospice CarePersonal Care & Support Services

AboutAddus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. It operates through three segments: Personal Care, Hospice, and Home Health. The Personal Care segment provides non-medical assistance with activities of daily living. This segment offers services that include assistance with bathing, grooming, oral care, feeding and dressing, medication reminders, meal planning and preparation, housekeeping, and transportation services. The Hospice segment provides palliative nursing care, social work, spiritual counseling, homemaker, and bereavement counseling services for people who are terminally ill, as well as related services for their families. The Home Health segment offers skilled nursing and physical, occupational, and speech therapy for the individuals who requires assistance during an illness or after hospitalization. The company's payor clients include federal, state, and local governmental agencies; managed care organizations; commercial insurers; and private individuals. As of December 31, 2021, the company served consumers through 206 offices located in 22 states. Addus HomeCare Corporation was founded in 1979 and is based in Frisco, Texas.Show more

Revenue $1.15B +9.1%
EBITDA $116M +10.6%
Net Income $74M +17.7%
EPS (Diluted) 4.23 +10.4%
Gross Margin 32.48% +1.2%
EBITDA Margin 10.07% +1.4%
Operating Margin 8.89% +3.5%
Net Margin 6.37% +7.9%
ROE 8.78% -5.9%
ROIC 7.85% -10.9%
Debt/Equity 0.28 +13.5%
Interest Coverage 13.28 +62.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 23.9%
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 12.2%

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y13.95%

5Y12.22%

3Y10.13%

TTM18.77%

Profit (Net Income) CAGR

10Y19.65%

5Y23.87%

3Y17.71%

TTM16.3%

EPS CAGR

10Y14.42%

5Y19.03%

3Y14.61%

TTM6.87%

ROCE

10Y Avg9.44%

5Y Avg8.8%

3Y Avg9.6%

Latest9.61%

Peer Comparison

Personal Care & Support Services

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ADUSAddus HomeCare Corporation	2.03B	109.80	25.96	9.06%	6.36%	8.16%	5.44%	0.28

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	336.81M	400.69M	425.71M	518.12M	648.79M	764.77M	864.5M	951.12M	1.06B	1.15B
Revenue Growth %	0.08%	0.19%	0.06%	0.22%	0.25%	0.18%	0.13%	0.1%	0.11%	0.09%
Cost of Goods Sold+	245.49M	294.59M	310.12M	379.84M	469.55M	538.54M	595.24M	651.38M	718.77M	779.58M
COGS % of Revenue	0.73%	0.74%	0.73%	0.73%	0.72%	0.7%	0.69%	0.68%	0.68%	0.68%
Gross Profit+	91.32M	106.09M	115.6M	138.28M	179.24M	226.24M	269.85M	299.74M	339.88M	375.02M
Gross Margin %	0.27%	0.26%	0.27%	0.27%	0.28%	0.3%	0.31%	0.32%	0.32%	0.32%
Gross Profit Growth %	0.09%	0.16%	0.09%	0.2%	0.3%	0.26%	0.19%	0.11%	0.13%	0.1%
Operating Expenses+	75.3M	90.86M	91.82M	113.94M	144.49M	181.73M	203.32M	231M	248.92M	272.33M
OpEx % of Revenue	0.22%	0.23%	0.22%	0.22%	0.22%	0.24%	0.24%	0.24%	0.24%	0.24%
Selling, General & Admin	70.58M	84.21M	76.9M	105.03M	133.57M	169.68M	189.42M	216.94M	231.68M	258.8M
SG&A % of Revenue	0.21%	0.21%	0.18%	0.2%	0.21%	0.22%	0.22%	0.23%	0.22%	0.22%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	4.72M	6.65M	14.92M	8.91M	10.92M	12.05M	13.9M	14.06M	17.24M	13.53M
Operating Income+	16.02M	15.48M	25.25M	22.83M	34.75M	44.51M	65.94M	68.74M	90.96M	102.69M
Operating Margin %	0.05%	0.04%	0.06%	0.04%	0.05%	0.06%	0.08%	0.07%	0.09%	0.09%
Operating Income Growth %	-0.11%	-0.03%	0.63%	-0.1%	0.52%	0.28%	0.48%	0.04%	0.32%	0.13%
EBITDA+	20.74M	22.12M	31.92M	31.47M	45.33M	56.56M	80.43M	82.8M	105.08M	116.22M
EBITDA Margin %	0.06%	0.06%	0.07%	0.06%	0.07%	0.07%	0.09%	0.09%	0.1%	0.1%
EBITDA Growth %	-0.05%	0.07%	0.44%	-0.01%	0.44%	0.25%	0.42%	0.03%	0.27%	0.11%
D&A (Non-Cash Add-back)	4.72M	6.65M	6.66M	8.64M	10.57M	12.05M	14.49M	14.06M	14.13M	13.53M
EBIT	16.07M	18.25M	26.65M	25.42M	36.27M	45.13M	66.2M	69.08M	92.43M	107.08M
Net Interest Income+	-739K	480K	-4.41M	-2.42M	-1.58M	-2.56M	-5.54M	-8.57M	-9.63M	-3.34M
Interest Income	47K	2.81M	66K	2.59M	1.52M	624K	268K	341K	1.48M	4.39M
Interest Expense	786K	2.33M	4.47M	5.02M	3.1M	3.19M	5.81M	8.91M	11.11M	7.73M
Other Income/Expense	-739K	686K	-5.17M	-2.42M	-1.58M	-2.56M	-5.54M	-8.57M	-9.63M	-3.34M
Pretax Income+	15.29M	16.16M	21.06M	20.4M	33.17M	41.94M	60.4M	60.17M	81.33M	99.35M
Pretax Margin %	0.05%	0.04%	0.05%	0.04%	0.05%	0.05%	0.07%	0.06%	0.08%	0.09%
Income Tax+	3.93M	4.1M	9.26M	4.1M	7.36M	8.81M	15.27M	14.15M	18.81M	25.75M
Effective Tax Rate %	0.76%	0.74%	0.65%	0.86%	0.76%	0.79%	0.75%	0.76%	0.77%	0.74%
Net Income+	11.62M	12.02M	13.61M	17.5M	25.24M	33.13M	45.13M	46.02M	62.52M	73.6M
Net Margin %	0.03%	0.03%	0.03%	0.03%	0.04%	0.04%	0.05%	0.05%	0.06%	0.06%
Net Income Growth %	-0.05%	0.03%	0.13%	0.29%	0.44%	0.31%	0.36%	0.02%	0.36%	0.18%
Net Income (Continuing)	11.35M	12.06M	13.53M	16.31M	25.81M	33.13M	45.13M	46.02M	62.52M	73.6M
Discontinued Operations	270K	97K	147K	126K	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	1.04	1.04	1.17	1.33	1.77	2.08	2.81	2.84	3.83	4.23
EPS Growth %	-0.05%	0%	0.13%	0.14%	0.33%	0.18%	0.35%	0.01%	0.35%	0.1%
EPS (Basic)	1.05	1.04	1.17	1.33	1.83	2.12	2.87	2.90	3.91	4.33
Diluted Shares Outstanding	11.19M	11.53M	11.63M	13.13M	14.25M	15.96M	16.06M	16.18M	16.31M	17.38M
Basic Shares Outstanding	11.11M	11.29M	11.47M	13.13M	13.82M	15.83M	15.74M	16.13M	16.23M	17.01M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	102.56M	131.01M	155.67M	176.01M	269.39M	287.7M	324.34M	222.81M	200M	260.38M
Cash & Short-Term Investments	4.1M	8.01M	53.75M	70.41M	111.71M	145.08M	168.9M	79.96M	64.79M	98.91M
Cash Only	4.1M	8.01M	53.75M	70.41M	111.71M	145.08M	168.9M	79.96M	64.79M	98.91M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	86.26M	117.75M	93.53M	100.57M	153.24M	134.51M	146.07M	126.17M	116.08M	135.26M
Days Sales Outstanding	93.48	107.26	80.19	70.85	86.21	64.2	61.67	48.42	40.02	42.76
Inventory	8.64M	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	12.85	-	-	-	-	-	-	-	-	-
Other Current Assets	2.49M	1.82M	4.7M	5.04M	2.4M	2.18M	2.49M	5.39M	2.23M	7.83M
Total Non-Current Assets+	90.05M	100.02M	116.03M	169.88M	367.36M	604.88M	623.24M	715.19M	824.42M	1.15B
Property, Plant & Equipment	8.62M	6.65M	7.49M	10.66M	33.27M	57.74M	54.53M	60.16M	69.44M	72.05M
Fixed Asset Turnover	39.08x	60.27x	56.85x	48.61x	19.50x	13.25x	15.85x	15.81x	15.24x	16.02x
Goodwill	68.84M	73.91M	90.34M	135.44M	275.37M	469.07M	504.39M	582.84M	663M	970.56M
Intangible Assets	10.35M	15.41M	16.6M	23.78M	57.08M	71.55M	64.32M	72.19M	91.98M	109.64M
Long-Term Investments	900K	900K	-1.6M	0	0	0	0	0	0	0
Other Non-Current Assets	-10.18M	0	1.6M	43K	0	0	0	0	0	0
Total Assets+	192.61M	231.03M	267.11M	355.39M	636.75M	892.58M	947.59M	937.99M	1.02B	1.41B
Asset Turnover	1.75x	1.73x	1.59x	1.46x	1.02x	0.86x	0.91x	1.01x	1.03x	0.82x
Asset Growth %	0.07%	0.2%	0.16%	0.33%	0.79%	0.4%	0.06%	-0.01%	0.09%	0.38%
Total Current Liabilities+	42.19M	49.62M	52.17M	61.5M	87.53M	143.9M	117.69M	131.15M	145.12M	155.87M
Accounts Payable	4.75M	4.49M	7.38M	12.24M	19.64M	23.7M	19.36M	22.09M	26.18M	27.18M
Days Payables Outstanding	7.06	5.56	8.69	11.76	15.27	16.07	11.87	12.38	13.3	12.72
Short-Term Debt	1.11M	2.53M	3.1M	62K	728K	971K	9.77M	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	769K	0	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	-18.96M	-16K	-1.06M	-769K	14.14M	17.96M	19.79M	17.37M	30.38M	13.64M
Current Ratio	2.43x	2.64x	2.98x	2.86x	3.08x	2.00x	2.76x	1.70x	1.38x	1.67x
Quick Ratio	2.23x	2.64x	2.98x	2.86x	3.08x	2.00x	2.76x	1.70x	1.38x	1.67x
Cash Conversion Cycle	99.27	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	8.7M	22.48M	39.86M	18.1M	73.63M	230M	255.55M	173.31M	172.62M	286.27M
Long-Term Debt	1.88M	22.48M	39.86M	17.22M	59.16M	193.9M	220.91M	131.77M	124.13M	218.44M
Capital Lease Obligations	0	0	0	0	14.3M	35.52M	32.86M	35.48M	39.71M	41.88M
Deferred Tax Liabilities	6.82M	0	8.41M	0	0	0	0	0	0	25.82M
Other Non-Current Liabilities	-6.82M	0	446K	877K	163K	588K	1.78M	6.06M	8.77M	125K
Total Liabilities	50.89M	72.1M	92.03M	79.86M	161.16M	373.91M	373.24M	304.45M	317.73M	442.14M
Total Debt+	2.99M	25.01M	42.96M	17.28M	81.43M	239.67M	263.55M	178.05M	175.18M	273.13M
Net Debt	-1.11M	17M	-10.79M	-53.12M	-30.29M	94.59M	94.65M	98.09M	110.39M	174.22M
Debt / Equity	0.02x	0.16x	0.25x	0.06x	0.17x	0.46x	0.46x	0.28x	0.25x	0.28x
Debt / EBITDA	0.14x	1.13x	1.35x	0.55x	1.80x	4.24x	3.28x	2.15x	1.67x	2.35x
Net Debt / EBITDA	-0.05x	0.77x	-0.34x	-1.69x	-0.67x	1.67x	1.18x	1.18x	1.05x	1.50x
Interest Coverage	20.39x	6.64x	5.65x	4.55x	11.19x	13.96x	11.36x	7.72x	8.19x	13.28x
Total Equity+	141.73M	158.93M	175.08M	275.53M	475.59M	518.68M	574.34M	633.54M	706.69M	970.49M
Equity Growth %	0.11%	0.12%	0.1%	0.57%	0.73%	0.09%	0.11%	0.1%	0.12%	0.37%
Book Value per Share	12.67	13.79	15.05	20.99	33.38	32.51	35.75	39.15	43.33	55.84
Total Shareholders' Equity	141.73M	158.93M	176.31M	275.53M	475.59M	518.68M	574.34M	633.54M	706.69M	970.49M
Common Stock	11K	12K	12K	13K	15K	16K	16K	16K	16K	18K
Retained Earnings	54.64M	66.66M	80.33M	97.84M	116.03M	149.16M	194.29M	240.32M	302.83M	376.43M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	-4.84M	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	4.11M	-743K	52.77M	33.2M	12.02M	109.41M	39.49M	105.11M	112.25M	116.43M
Operating CF Margin %	0.01%	-0%	0.12%	0.06%	0.02%	0.14%	0.05%	0.11%	0.11%	0.1%
Operating CF Growth %	-0.42%	-1.18%	72.02%	-0.37%	-0.64%	8.1%	-0.64%	1.66%	0.07%	0.04%
Net Income	11.62M	12.02M	13.61M	17.5M	25.24M	33.13M	45.13M	46.02M	62.52M	73.6M
Depreciation & Amortization	4.72M	6.65M	6.66M	8.64M	10.57M	12.05M	14.49M	14.06M	14.13M	13.53M
Stock-Based Compensation	1.57M	1.07M	2.55M	4.11M	5.77M	6M	9.43M	10.63M	10.32M	11.16M
Deferred Taxes	838K	-1.33M	1.75M	-43K	-1.06M	-4.65M	7.28M	3.91M	2.82M	13.19M
Other Non-Cash Items	4.54M	10.28M	8.04M	69K	1.06M	2.91M	1.77M	2.71M	1.58M	3.44M
Working Capital Changes	-19.18M	-29.44M	20.15M	2.92M	-29.55M	59.96M	-38.61M	27.78M	20.89M	1.51M
Change in Receivables	-19.51M	-32.61M	21.02M	-2.17M	-37.48M	23.86M	-3.92M	20.59M	15.67M	22.14M
Change in Inventory	-60.61M	-76.69M	-99.56M	-123.14M	0	0	-1.97M	0	0	0
Change in Payables	570K	-1.53M	-229K	4.24M	4.64M	2.16M	-4.81M	2.51M	2.02M	-1.91M
Cash from Investing+	-10.72M	-21.74M	-24.27M	-67.79M	-188.7M	-214.24M	-42.02M	-106.59M	-119.24M	-354.61M
Capital Expenditures	-2.36M	-1.71M	-3.62M	-5.35M	-4.62M	-6.83M	-4.64M	-8.3M	-9.45M	-6.05M
CapEx % of Revenue	0.01%	0%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-10.72M	-21.74M	3.7M	0	0	0	0	0	15K	29K
Cash from Financing+	-2.64M	26.39M	17.24M	51.24M	217.99M	138.19M	26.34M	-87.45M	-8.18M	272.3M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-1.59M	3.5M	-1.7M	71K	2.78M	0	-3.03M	0	0	49K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	1.75M	-2.46M	49.16M	27.85M	7.4M	102.58M	34.84M	96.81M	102.79M	110.38M
FCF Margin %	0.01%	-0.01%	0.12%	0.05%	0.01%	0.13%	0.04%	0.1%	0.1%	0.1%
FCF Growth %	2.08%	-2.41%	21.02%	-0.43%	-0.73%	12.87%	-0.66%	1.78%	0.06%	0.07%
FCF per Share	0.16	-0.21	4.23	2.12	0.52	6.43	2.17	5.98	6.30	6.35
FCF Conversion (FCF/Net Income)	0.35x	-0.06x	3.88x	1.90x	0.48x	3.30x	0.88x	2.28x	1.80x	1.58x
Interest Paid	786K	2.32M	2.26M	4.34M	2.32M	2.37M	5.09M	7.99M	10.25M	6.52M
Taxes Paid	911K	5.09M	6.72M	4.1M	7.3M	10.59M	17.82M	1.48M	14.98M	26.25M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	8.62%	8%	8.15%	7.77%	6.72%	6.66%	8.26%	7.62%	9.33%	8.78%
Return on Invested Capital (ROIC)	9.29%	7.33%	11.13%	8.85%	7.81%	6.31%	7.71%	7.36%	8.81%	7.85%
Gross Margin	27.11%	26.48%	27.15%	26.69%	27.63%	29.58%	31.21%	31.51%	32.1%	32.48%
Net Margin	3.45%	3%	3.2%	3.38%	3.89%	4.33%	5.22%	4.84%	5.91%	6.37%
Debt / Equity	0.02x	0.16x	0.25x	0.06x	0.17x	0.46x	0.46x	0.28x	0.25x	0.28x
Interest Coverage	20.39x	6.64x	5.65x	4.55x	11.19x	13.96x	11.36x	7.72x	8.19x	13.28x
FCF Conversion	0.35x	-0.06x	3.88x	1.90x	0.48x	3.30x	0.88x	2.28x	1.80x	1.58x
Revenue Growth	7.63%	18.96%	6.25%	21.71%	25.22%	17.88%	13.04%	10.02%	11.31%	9.06%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Personal Care	65.12M	108.4M	115.51M	99.73M	86.59M	794.72M	856.58M
Personal Care Growth	-	66.47%	6.56%	-13.66%	-13.18%	817.77%	7.78%
Hospice	18.85M	38.79M	42.65M	61.41M	70.5M	207.16M	228.19M
Hospice Growth	-	105.78%	9.95%	44.00%	14.80%	193.82%	10.15%
Home Health	6.86M	14.46M	16.25M	24.73M	34.11M	56.78M	69.83M
Home Health Growth	-	110.94%	12.33%	52.26%	37.91%	66.45%	22.98%

Frequently Asked Questions

Valuation & Price

Addus HomeCare Corporation (ADUS) has a price-to-earnings (P/E) ratio of 26.0x. This suggests investors expect higher future growth.

Growth & Financials

Addus HomeCare Corporation (ADUS) reported $1.35B in revenue for fiscal year 2024. This represents a 393% increase from $273.1M in 2011.

Addus HomeCare Corporation (ADUS) grew revenue by 9.1% over the past year. This is steady growth.

Yes, Addus HomeCare Corporation (ADUS) is profitable, generating $85.7M in net income for fiscal year 2024 (6.4% net margin).

Dividend & Returns

Addus HomeCare Corporation (ADUS) has a return on equity (ROE) of 8.8%. This is below average, suggesting room for improvement.

Addus HomeCare Corporation (ADUS) generated $99.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...