AHCO vs. OPCH

Last updated Apr 2, 2026

Compare and contrast key facts about AdaptHealth Corp. (AHCO) and Option Care Health, Inc. (OPCH).

Performance

AHCO vs. OPCH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdaptHealth Corp. (AHCO) and Option Care Health, Inc. (OPCH). The values are adjusted to include any dividend payments, if applicable.

AHCO vs. OPCH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
AHCO AdaptHealth Corp.	19.08%	4.62%	30.59%	-62.07%	-21.42%	-34.88%	242.08%	11.70%	1.34%
OPCH Option Care Health, Inc.	-16.85%	37.33%	-31.14%	11.96%	5.80%	81.84%	4.83%	4.48%	42.23%

Fundamentals

Market Cap AHCO : $1.61B OPCH : $4.19B
EPS AHCO : -$0.53 OPCH : $1.28
PS Ratio AHCO : 0.57 OPCH : 0.76
PB Ratio AHCO : 1.06 OPCH : 3.16
Total Revenue (TTM) AHCO : $2.84B OPCH : $5.65B
Gross Profit (TTM) AHCO : $20.97M OPCH : $1.09B
EBITDA (TTM) AHCO : $126.48M OPCH : $457.06M

Returns By Period

In the year-to-date period, AHCO achieves a 19.08% return, which is significantly higher than OPCH's -16.85% return.

AHCO

• 1D: -0.34%
• 1M: 23.03%
• YTD: 19.08%
• 6M: 30.19%
• 1Y: 9.61%
• 3Y*: -1.55%
• 5Y*: -20.39%
• 10Y*: —

OPCH

• 1D: -1.60%
• 1M: -16.17%
• YTD: -16.85%
• 6M: -2.75%
• 1Y: -24.21%
• 3Y*: -5.88%
• 5Y*: 7.72%
• 10Y*: 11.96%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AHCO vs. OPCH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AHCO

AHCO Risk / Return Rank: 47
AHCO Sharpe Ratio Rank: 48
AHCO Sortino Ratio Rank: 46
AHCO Omega Ratio Rank: 44
AHCO Calmar Ratio Rank: 48
AHCO Martin Ratio Rank: 48

OPCH

OPCH Risk / Return Rank: 9
OPCH Sharpe Ratio Rank: 9
OPCH Sortino Ratio Rank: 11
OPCH Omega Ratio Rank: 12
OPCH Calmar Ratio Rank: 8
OPCH Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AHCO vs. OPCH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdaptHealth Corp. (AHCO) and Option Care Health, Inc. (OPCH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AHCO	OPCH	Difference
Sharpe ratio Return per unit of total volatility	0.19	-0.77	+0.97
Sortino ratio Return per unit of downside risk	0.67	-0.97	+1.65
Omega ratio Gain probability vs. loss probability	1.08	0.88	+0.20
Calmar ratio Return relative to maximum drawdown	0.29	-0.88	+1.17
Martin ratio Return relative to average drawdown	0.66	-1.65	+2.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AHCO vs. OPCH - Sharpe Ratio Comparison

The current AHCO Sharpe Ratio is 0.19, which is higher than the OPCH Sharpe Ratio of -0.77. The chart below compares the historical Sharpe Ratios of AHCO and OPCH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AHCO	OPCH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.19	-0.77	+0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	0.21	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	-0.03	+0.08

Correlation

The correlation between AHCO and OPCH is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AHCO vs. OPCH - Dividend Comparison

Neither AHCO nor OPCH has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

AHCO vs. OPCH - Drawdown Comparison

The maximum AHCO drawdown since its inception was -83.84%, smaller than the maximum OPCH drawdown of -95.83%. Use the drawdown chart below to compare losses from any high point for AHCO and OPCH.

Drawdown Indicators

	AHCO	OPCH	Difference
Max Drawdown Largest peak-to-trough decline	-83.84%	-95.83%	+11.99%
Max Drawdown (1Y) Largest decline over 1 year	-32.19%	-27.60%	-4.59%
Max Drawdown (5Y) Largest decline over 5 years	-83.14%	-38.67%	-44.47%
Max Drawdown (10Y) Largest decline over 10 years	—	-69.37%	—
Current Drawdown Current decline from peak	-70.46%	-70.57%	+0.11%
Average Drawdown Average peak-to-trough decline	-42.62%	-72.13%	+29.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.18%	14.64%	-0.46%

Volatility

AHCO vs. OPCH - Volatility Comparison

AdaptHealth Corp. (AHCO) has a higher volatility of 15.67% compared to Option Care Health, Inc. (OPCH) at 5.42%. This indicates that AHCO's price experiences larger fluctuations and is considered to be riskier than OPCH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AHCO	OPCH	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.67%	5.42%	+10.25%
Volatility (6M) Calculated over the trailing 6-month period	36.35%	22.77%	+13.58%
Volatility (1Y) Calculated over the trailing 1-year period	49.89%	31.48%	+18.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.14%	37.31%	+21.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.10%	55.66%	-0.56%

Financials

AHCO vs. OPCH - Profitability Comparison

The chart below illustrates the profitability comparison between AdaptHealth Corp. and Option Care Health, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AHCO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, AdaptHealth Corp. reported a gross profit of 0.00 and revenue of 846.29M. Therefore, the gross margin over that period was 0.0%.

OPCH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Option Care Health, Inc. reported a gross profit of 282.90M and revenue of 1.47B. Therefore, the gross margin over that period was 19.3%.

AHCO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, AdaptHealth Corp. reported an operating income of -73.28M and revenue of 846.29M, resulting in an operating margin of -8.7%.

OPCH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Option Care Health, Inc. reported an operating income of 91.50M and revenue of 1.47B, resulting in an operating margin of 6.2%.

AHCO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, AdaptHealth Corp. reported a net income of -102.77M and revenue of 846.29M, resulting in a net margin of -12.1%.

OPCH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Option Care Health, Inc. reported a net income of 58.50M and revenue of 1.47B, resulting in a net margin of 4.0%.