Addus HomeCare (ADUS) financial statements
Addus HomeCare reported revenue of $1.4B in fiscal 2025, up 15.1% a year over 9 years.
Net income was $96M and the operating margin 9.7%, against 3.9% in 2016.
Free cash flow was $104M.
The diluted share count rose 62% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Addus HomeCare's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $401M | $426M | $517M | $649M | $765M | $864M | $951M | $1.1B | $1.2B | $1.4B |
| Cost of revenue | $295M | $310M | $380M | $470M | $539M | $595M | $651M | $719M | $780M | $961M |
| Gross profit | $106M | $116M | $137M | $179M | $226M | $270M | $300M | $340M | $375M | $462M |
| Selling, general and admin | $77M | $77M | $105M | $134M | $170M | $189M | $217M | $235M | $259M | $307M |
| Operating income | $15M | $25M | $23M | $35M | $45M | $66M | $69M | $91M | $103M | $139M |
| Interest expense | $2M | $4M | $5M | $3M | $3M | $6M | $9M | $11M | $8M | $14M |
| Pre-tax income | $16M | $21M | $20M | $33M | $42M | $60M | $60M | $81M | $99M | $127M |
| Income tax | $4M | $9M | $4M | $7M | $9M | $15M | $14M | $19M | $26M | $32M |
| Net income | $12M | $12M | $16M | $25M | $33M | $45M | $46M | $63M | $74M | $96M |
| EPS (diluted) | $1.07 | $1.03 | $1.33 | $1.77 | $2.08 | $2.81 | $2.84 | $3.83 | $4.23 | $5.22 |
| Diluted shares | 11M | 12M | 12M | 14M | 16M | 16M | 16M | 16M | 17M | 18M |
| Gross margin | 26.5% | 27.2% | 26.5% | 27.6% | 29.6% | 31.2% | 31.5% | 32.1% | 32.5% | 32.5% |
| Operating margin | 3.9% | 5.9% | 4.4% | 5.4% | 5.8% | 7.6% | 7.2% | 8.6% | 8.9% | 9.7% |
| Net margin | 3.0% | 2.8% | 3.2% | 3.9% | 4.3% | 5.2% | 4.8% | 5.9% | 6.4% | 6.7% |
Balance sheet
Fiscal years, from Addus HomeCare's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $8M | $54M | $70M | $112M | $145M | $169M | $80M | $65M | $99M | $82M |
| Receivables | $117M | $94M | $98M | $150M | $133M | $137M | $126M | $115M | $123M | $152M |
| Total current assets | $131M | $156M | $176M | $269M | $288M | $324M | $223M | $200M | $260M | $269M |
| Property, plant and equipment | $7M | $7M | $11M | $12M | $20M | $18M | $21M | $24M | $25M | $25M |
| Goodwill | $73M | $90M | $135M | $275M | $469M | $504M | $583M | $663M | $971M | $997M |
| Total assets | $230M | $272M | $348M | $637M | $893M | $948M | $938M | $1.0B | $1.4B | $1.4B |
| Total current liabilities | $50M | $55M | $62M | $88M | $144M | $118M | $131M | $145M | $156M | $149M |
| Long-term debt | $22M | $40M | $17M | $59M | $194M | $221M | $132M | $124M | $218M | $121M |
| Total liabilities | $72M | $95M | $80M | $161M | $374M | $373M | $304M | $318M | $442M | $352M |
| Shareholders' equity | $155M | $170M | $268M | $476M | $519M | $574M | $634M | $707M | $970M | $1.1B |
| Net debt | $17M | -$11M | -$53M | -$52M | $50M | $52M | $52M | $59M | $120M | $39M |
Cash flow
Fiscal years, from Addus HomeCare's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$743,000 | $53M | $33M | $12M | $109M | $39M | $105M | $112M | $116M | $112M |
| Capital spending | $2M | $4M | $5M | $5M | $7M | $5M | $8M | $9M | $6M | $8M |
| Free cash flow | -$2M | $49M | $28M | $7M | $103M | $35M | $97M | $103M | $110M | $104M |
| Stock-based compensation | $1M | $3M | $4M | $6M | $6M | $9M | $11M | $10M | $11M | $16M |
| Net borrowing | $24M | $21M | $60M | $20M | — | — | — | — | — | — |
| Free cash flow margin | -0.6% | 11.5% | 5.4% | 1.1% | 13.4% | 4.0% | 10.2% | 9.7% | 9.6% | 7.3% |
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Open ADUS in InvestinglyQuestions
What was Addus HomeCare's revenue in 2025?
$1.4B in fiscal 2025, from its 10-K filing.
How much free cash flow does Addus HomeCare generate?
$104M in fiscal 2025 (operating cash flow minus capital spending).
From Addus HomeCare's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.