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AdaptHealthAHCO -2.92%64 5-Year ROIIC % is 5.47 as of Dec. 2025. GuruFocus rates AHCO with a GF Score™ of 64/100 and a GF Value™ of $10.50 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 732 Medical Devices & Instruments companies, AdaptHealth ranks better than 58.74% on this metric.
5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year.
AdaptHealth's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 5.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for AdaptHealth's 5-Year ROIIC % or its related term are showing as below:
AHCO's 5-Year ROIIC % is ranked better than 58.74% of 732
companies
in the Medical Devices & Instruments industry
Industry Median: 0.87
vs AHCO: 5.47
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
AdaptHealth 5-Year ROIIC % Related Terms
AdaptHealth 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for AdaptHealth's 5-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AHCO vs INSP, IART, ENOV: 5-Year ROIIC % Comparison
For the Medical Devices subindustry, AdaptHealth's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AdaptHealth 5-Year ROIIC % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, AdaptHealth's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where AdaptHealth's 5-Year ROIIC % falls into.
AdaptHealth's 5-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
5-Year ROIIC %
=
5-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
5-Year Incremental Invested Capital**
=
( 186.266 (Dec. 2025) - 67.207932 (Dec. 2020) )
/
( 3796.17 (Dec. 2025) - 1618.062 (Dec. 2020) )
=
119.058068
/
2178.108
=
5.47%***
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
AdaptHealth (AHCO) has a 5-Year ROIIC % of 5.47 as of Dec. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on AdaptHealth and its competitors. According to the industry distribution chart, AdaptHealth ranks #302 out of 732 companies in the Medical Devices & Instruments industry, placing it in the top 41.3%.
Is AdaptHealth's 5-Year ROIIC % too high?
AdaptHealth's current 5-Year ROIIC % is 5.47. The Medical Devices & Instruments industry median 5-Year ROIIC % is 0.87. AdaptHealth's value of 5.47 is 528.7% above this industry median. Based on the distribution chart, AdaptHealth ranks #302 out of 732 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, AdaptHealth has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AdaptHealth's 5-Year ROIIC % compare to INSP and IART?
According to the Medical Devices & Instruments industry distribution chart, AdaptHealth ranks #302 out of 732 companies for 5-Year ROIIC %. This puts AdaptHealth in the upper half of its industry. The industry median 5-Year ROIIC % is 0.87. AdaptHealth's value of 5.47 is 528.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a Medical Devices & Instruments company?
The median 5-Year ROIIC % among Medical Devices & Instruments companies is 0.87, based on 732 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AdaptHealth's current 5-Year ROIIC % of 5.47 is 528.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on AdaptHealth and its competitors. For the Medical Devices & Instruments industry, the median 5-Year ROIIC % is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AdaptHealth's current 5-Year ROIIC % is 5.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AdaptHealth stock overvalued right now?
Based on GuruFocus' analysis, AdaptHealth (AHCO) is currently considered Possible Value Trap. The stock's GF Value™ is $10.50, compared to a current price of $5.66 — trading 46.1% below its estimated fair value. The current 5-Year ROIIC % is 5.47 and 528.7% above the Medical Devices & Instruments industry median of 0.87. AdaptHealth's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For AdaptHealth (AHCO), the current 5-Year ROIIC % is 5.47 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AdaptHealth (AHCO) Overvalued in 2026?
Based on GuruFocus' analysis, AdaptHealth stock appears to be undervalued.
The current stock price of $5.66 is trading 46.1% below its estimated GF Value™ of $10.50.
GuruFocus considers AdaptHealth to be Possible Value Trap.
Key valuation signals for AHCO:
5-Year ROIIC %: 5.47
GF Value™: $10.50 vs. price of $5.66 (46.1% below fair value)
Industry Position: 528.7% above the Medical Devices & Instruments median (#302 of 732)
No single metric tells the full story. See the AHCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AdaptHealth Corp is engaged in providing patient-centered, healthcare-at-home solutions including home medical equipment (HME), medical supplies, and related services. The Company operates under four reportable segments that align with its product categories: (i) Sleep Health, (ii) Respiratory Health, (iii) Diabetes Health, and (iv) Wellness at Home. The company generates majority of its revenue from the Sleep Health segment. The Sleep Health segment provides sleep therapy equipment, supplies and related services (including continuous positive airway pressure and BiLevel services) to individuals for the treatment of obstructive sleep apnea.
64GF Score
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