NYSE$EHAB

Enhabit Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

EHAB reported Q4 2025 net sales/revenue of $270.4M, a net loss of $38.7M.

For Q4 2025, EHAB reported Revenue/net sales were $270.4M, net loss was $38.7M. Management discusses segment performance, liquidity, and outlook in the earnings filing.

  • Revenue/net sales $270.4M for Q4 2025.
  • Net loss $38.7M.
  • MD&A covers capital allocation, costs, and sector risks.

Headline financials

Total Revenue

$270M

Previous: $261M+3.8%
EPS (adj)

$0.14

Previous: $0.06+133.3%
Adjusted EBITDA

$28M

Previous: $25.2M+11.1%
Adjusted EBITDA Margin

10.4%

Previous: 9.7%+7.2%
Home Health Admissions

56.8K

Previous: 52.0K+9.2%
Home Health Cost per Visit

$102.00

Previous: $92.00+10.9%
Hospice Admissions

3.1K

Previous: 2.9K+7.3%
Hospice Patient Days

377.1K

Previous: 315.9K+19.4%
Hospice Average Daily Census

4.1K

Previous: 3.4K+19.4%
Hospice Revenue per Patient Day

$168.70

Previous: $162.00+4.1%
Hospice Cost per Patient Day

$80.90

Previous: $76.00+6.4%
Non-Medicare Admissions

34.6K

No prior period
Medicare Admissions

22.2K

No prior period
Completed Episodes

38.1K

Previous: 54.1K-29.6%
Revenue per Episode

$2.93K

Previous: $2.92K+0.2%
Visits per Episode

12.5

Previous: 14.3-12.6%
Total Home Health Visits

1.1M

Previous: 1.2M-8.4%
Non-Medicare Visits

574.0K

No prior period
Medicare Visits

490.3K

No prior period
Home Health ADC

42.3K

No prior period
Revenue per Patient Day

$53.10

No prior period
Cost per Patient Day

$27.80

No prior period
Net Income

-$38.7M

Previous: -$6.4M-504.7%
Operating Income

-$33.3M

Previous: $4.9M-779.6%
Gross Profit

$132M

Previous: $127M+3.6%

Revenue & EPS history

Enhabit · Revenue · Quarterly

$270M

Q4 2025+3.8%vs Q4 2024
Beat estimate in 3 of 4 quarters(75%)
ActualEstimate

Revenue by segment

Enhabit · $261M total across 2 segments · Q4 2024

  • Home Health
    $210M
  • Hospice
    $51.1M

Forward guidance

Outlook emphasizes cash flow, leverage, dividends, and sector-specific operating trends.

Tailwinds

  • Cash generation and balance-sheet improvement.
  • Segment or asset-level growth drivers.
  • Capital returns or deleveraging progress.

Headwinds

  • Commodity, rate, or utilization volatility.
  • Credit or tenant/borrower stress.
  • Regulatory or refinancing risks.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 14 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+1.9%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+8.6%

Avg return

30 days after

40%

6 / 15 earnings

Positive

+18.2%

Q1 2025

Best reaction

-6.1%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%+0.1%
Q4 2025+0.0%+0.0%+2.9%
Q3 2025-6.1%-2.7%+13.6%
Q2 2025+15.2%+11.4%+15.1%
Q1 2025+18.2%+27.7%+31.7%
Q4 2024+1.6%+2.3%+13.3%
Q3 2024-0.4%-5.7%-12.0%
Q2 2024+0.0%-3.1%+14.8%
Q1 2024+0.0%-5.4%-13.4%
Q4 2022+0.0%-5.7%-0.4%
Q3 2023+6.1%+6.7%+19.3%
Q2 2023-2.6%-2.9%+5.6%
Q1 2023-4.5%-6.0%-2.0%
Q3 2022-0.1%+1.9%+11.3%
Q2 2022+1.7%+5.1%+20.6%

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