This page shows Aveanna Healthcare Holdings, Inc. (AVAH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2026 annual data. Scores normalized against common benchmarks. How we calculate these scores
Aveanna Healthcare Holdings, Inc. has an operating margin of 10.5%, meaning the company retains $11 of operating profit per $100 of revenue. This results in a moderate score of 46/100, indicating healthy but not exceptional operating efficiency. This is up from 6.9% the prior year.
Aveanna Healthcare Holdings, Inc.'s revenue surged 20.2% year-over-year to $2.4B, reflecting rapid business expansion. This strong growth earns a score of 67/100.
Aveanna Healthcare Holdings, Inc. has elevated debt relative to equity (D/E of 6.62), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Aveanna Healthcare Holdings, Inc.'s current ratio of 1.32 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 22/100, which could limit financial flexibility.
Aveanna Healthcare Holdings, Inc. earns a strong 115.7% return on equity (ROE), meaning it generates $116 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100.
Aveanna Healthcare Holdings, Inc. scores 1.36, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Aveanna Healthcare Holdings, Inc. passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Aveanna Healthcare Holdings, Inc. generates $0.56 in operating cash flow ($125.9M OCF vs $225.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Aveanna Healthcare Holdings, Inc. earns $1.8 in operating income for every $1 of interest expense ($256.5M vs $140.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Aveanna Healthcare Holdings, Inc. generated $2.4B in revenue in fiscal year 2026. This represents an increase of 20.2% from the prior year.
Aveanna Healthcare Holdings, Inc.'s EBITDA was $267.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 77.3% from the prior year.
Aveanna Healthcare Holdings, Inc. reported $225.0M in net income in fiscal year 2026. This represents an increase of 2159.1% from the prior year.
Aveanna Healthcare Holdings, Inc. earned $1.05 per diluted share (EPS) in fiscal year 2026. This represents an increase of 1850.0% from the prior year.
Cash & Balance Sheet
Aveanna Healthcare Holdings, Inc. held $193.3M in cash against $1.3B in long-term debt as of fiscal year 2026.
Aveanna Healthcare Holdings, Inc. had 218M shares outstanding in fiscal year 2026. This represents an increase of 12.6% from the prior year.
Margins & Returns
Aveanna Healthcare Holdings, Inc.'s gross margin was 24.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 7.1 percentage points from the prior year.
Aveanna Healthcare Holdings, Inc.'s operating margin was 10.5% in fiscal year 2026, reflecting core business profitability. This is up 3.6 percentage points from the prior year.
Aveanna Healthcare Holdings, Inc.'s net profit margin was 9.3% in fiscal year 2026, showing the share of revenue converted to profit. This is up 9.8 percentage points from the prior year.
Aveanna Healthcare Holdings, Inc.'s ROE was 115.7% in fiscal year 2026, measuring profit generated per dollar of shareholder equity.
Capital Allocation
AVAH Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $621.9M+5.5% | $589.6M+5.4% | $559.2M+7.6% | $519.9M+2.1% | $509.0M+0.8% | $505.0M+2.9% | $490.7M+2.5% | $478.8M |
| Cost of Revenue | $419.1M+10.7% | $378.8M+0.8% | $375.7M+7.9% | $348.1M-0.3% | $349.3M+0.8% | $346.7M+0.5% | $344.8M+4.4% | $330.4M |
| Gross Profit | $202.8M-3.8% | $210.8M+14.8% | $183.6M+6.9% | $171.7M+7.5% | $159.7M+0.9% | $158.3M+8.5% | $145.9M-1.7% | $148.4M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $95.4M+5.9% | $90.1M-1.4% | $91.4M+3.0% | $88.7M+0.6% | $88.2M+0.2% | $88.0M+0.1% | $87.9M+1.0% | $87.0M |
| Operating Income | $53.6M-33.0% | $80.0M+54.5% | $51.8M+13.2% | $45.8M+34.5% | $34.0M-8.4% | $37.1M+62.4% | $22.9M-21.9% | $29.3M |
| Interest Expense | $35.1M-2.4% | $36.0M-0.9% | $36.3M-4.6% | $38.1M-2.9% | $39.2M-0.9% | $39.6M-0.1% | $39.6M-0.1% | $39.7M |
| Income Tax | -$647K-103.8% | $17.1M+245.4% | $5.0M+320.7% | -$2.2M-114.5% | $15.5M+256.3% | -$9.9M-178.4% | $12.7M+316.1% | -$5.9M |
| Net Income | $14.1M-48.0% | $27.0M+420.4% | $5.2M-82.2% | $29.2M+168.1% | -$42.8M-408.1% | $13.9M+224.5% | -$11.2M+56.6% | -$25.7M |
| EPS (Diluted) | $0.06-53.8% | $0.13+333.3% | $0.03 | N/A | $-0.22-414.3% | $0.07+216.7% | $-0.06 | N/A |
AVAH Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.8B+2.2% | $1.8B+6.6% | $1.7B-0.2% | $1.7B+1.2% | $1.6B-1.2% | $1.7B+1.3% | $1.6B+1.9% | $1.6B |
| Current Assets | $502.6M+11.7% | $449.9M+10.4% | $407.6M+3.8% | $392.7M+3.0% | $381.4M+4.8% | $364.0M+8.3% | $336.0M+6.7% | $314.9M |
| Cash & Equivalents | $145.9M+44.8% | $100.7M+40.9% | $71.5M-15.2% | $84.3M+7.4% | $78.5M+64.6% | $47.7M+11.9% | $42.6M-3.0% | $43.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $312.8M-1.1% | $316.3M+7.3% | $294.8M+11.2% | $265.2M-0.1% | $265.4M-2.8% | $273.0M+6.0% | $257.5M+8.9% | $236.6M |
| Goodwill | $1.1B-0.2% | $1.1B+6.1% | $1.1B0.0% | $1.1B0.0% | $1.1B0.0% | $1.1B0.0% | $1.1B0.0% | $1.1B |
| Total Liabilities | $1.8B+1.0% | $1.8B+1.3% | $1.8B-1.5% | $1.8B-0.8% | $1.8B+1.0% | $1.8B+0.3% | $1.8B+2.1% | $1.7B |
| Current Liabilities | $409.7M-1.1% | $414.2M+6.7% | $388.3M-3.4% | $402.2M-1.0% | $406.0M+4.3% | $389.1M+1.9% | $381.9M+7.7% | $354.8M |
| Long-Term Debt | $1.3B+1.6% | $1.3B-0.1% | $1.3B-0.1% | $1.3B-0.3% | $1.3B+0.1% | $1.3B-0.1% | $1.3B-0.1% | $1.3B |
| Total Equity | $9.2M+176.6% | -$12.0M+88.0% | -$100.1M+19.0% | -$123.6M+21.0% | -$156.4M-31.5% | -$119.0M+12.7% | -$136.3M-5.2% | -$129.6M |
| Retained Earnings | -$1.3B+1.0% | -$1.3B+2.0% | -$1.4B+0.4% | -$1.4B+2.1% | -$1.4B-3.1% | -$1.4B+1.0% | -$1.4B-0.8% | -$1.4B |
AVAH Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $33.2M-35.6% | $51.6M+697.4% | -$8.6M-164.4% | $13.4M-54.4% | $29.4M+1524.9% | $1.8M+115.1% | -$12.0M-298.4% | -$3.0M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$2.0M+87.4% | -$16.0M-580.7% | -$2.3M-53.6% | -$1.5M+30.9% | -$2.2M-74.4% | -$1.3M+3.0% | -$1.3M+16.6% | -$1.6M |
| Financing Cash Flow | $13.9M+319.9% | -$6.3M-249.7% | -$1.8M+70.0% | -$6.1M-267.2% | $3.6M-19.8% | $4.5M-62.2% | $11.9M+5305.0% | $221K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
AVAH Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.6%-3.1pp | 35.8%+2.9pp | 32.8%-0.2pp | 33.0%+1.7pp | 31.4%+0.0pp | 31.3%+1.6pp | 29.7%-1.3pp | 31.0% |
| Operating Margin | 8.6%-5.0pp | 13.6%+4.3pp | 9.3%+0.5pp | 8.8%+2.1pp | 6.7%-0.7pp | 7.3%+2.7pp | 4.7%-1.5pp | 6.1% |
| Net Margin | 2.3%-2.3pp | 4.6%+3.7pp | 0.9%-4.7pp | 5.6%+14.0pp | -8.4%-11.2pp | 2.8%+5.0pp | -2.3%+3.1pp | -5.4% |
| Return on Equity | 153.1% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 0.8%-0.8pp | 1.5%+1.2pp | 0.3%-1.4pp | 1.8%+4.4pp | -2.6%-3.5pp | 0.8%+1.5pp | -0.7%+0.9pp | -1.6% |
| Current Ratio | 1.23+0.1 | 1.09+0.0 | 1.05+0.1 | 0.98+0.0 | 0.940.0 | 0.94+0.1 | 0.880.0 | 0.89 |
| Debt-to-Equity | 140.39+246.2 | -105.86-93.2 | -12.69-2.4 | -10.29-2.1 | -8.15+2.6 | -10.71-1.4 | -9.36+0.5 | -9.85 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Aveanna Healthcare Holdings, Inc.'s annual revenue?
Aveanna Healthcare Holdings, Inc. (AVAH) reported $2.4B in total revenue for fiscal year 2026. This represents a 20.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Aveanna Healthcare Holdings, Inc.'s revenue growing?
Aveanna Healthcare Holdings, Inc. (AVAH) revenue grew by 20.2% year-over-year, from $2.0B to $2.4B in fiscal year 2026.
Is Aveanna Healthcare Holdings, Inc. profitable?
Yes, Aveanna Healthcare Holdings, Inc. (AVAH) reported a net income of $225.0M in fiscal year 2026, with a net profit margin of 9.3%.
What is Aveanna Healthcare Holdings, Inc.'s EBITDA?
Aveanna Healthcare Holdings, Inc. (AVAH) had EBITDA of $267.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Aveanna Healthcare Holdings, Inc. have?
As of fiscal year 2026, Aveanna Healthcare Holdings, Inc. (AVAH) had $193.3M in cash and equivalents against $1.3B in long-term debt.
What is Aveanna Healthcare Holdings, Inc.'s gross margin?
Aveanna Healthcare Holdings, Inc. (AVAH) had a gross margin of 24.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Aveanna Healthcare Holdings, Inc.'s operating margin?
Aveanna Healthcare Holdings, Inc. (AVAH) had an operating margin of 10.5% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Aveanna Healthcare Holdings, Inc.'s net profit margin?
Aveanna Healthcare Holdings, Inc. (AVAH) had a net profit margin of 9.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Aveanna Healthcare Holdings, Inc.'s return on equity (ROE)?
Aveanna Healthcare Holdings, Inc. (AVAH) has a return on equity of 115.7% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Aveanna Healthcare Holdings, Inc.'s operating cash flow?
Aveanna Healthcare Holdings, Inc. (AVAH) generated $125.9M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Aveanna Healthcare Holdings, Inc.'s total assets?
Aveanna Healthcare Holdings, Inc. (AVAH) had $2.0B in total assets as of fiscal year 2026, including both current and long-term assets.
What is Aveanna Healthcare Holdings, Inc.'s current ratio?
Aveanna Healthcare Holdings, Inc. (AVAH) had a current ratio of 1.32 as of fiscal year 2026, which is considered adequate.
What is Aveanna Healthcare Holdings, Inc.'s debt-to-equity ratio?
Aveanna Healthcare Holdings, Inc. (AVAH) had a debt-to-equity ratio of 6.62 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Aveanna Healthcare Holdings, Inc.'s return on assets (ROA)?
Aveanna Healthcare Holdings, Inc. (AVAH) had a return on assets of 11.2% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Aveanna Healthcare Holdings, Inc.'s Altman Z-Score?
Aveanna Healthcare Holdings, Inc. (AVAH) has an Altman Z-Score of 1.36, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Aveanna Healthcare Holdings, Inc.'s Piotroski F-Score?
Aveanna Healthcare Holdings, Inc. (AVAH) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Aveanna Healthcare Holdings, Inc.'s earnings high quality?
Aveanna Healthcare Holdings, Inc. (AVAH) has an earnings quality ratio of 0.56x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Aveanna Healthcare Holdings, Inc. cover its interest payments?
Aveanna Healthcare Holdings, Inc. (AVAH) has an interest coverage ratio of 1.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Aveanna Healthcare Holdings, Inc.?
Aveanna Healthcare Holdings, Inc. (AVAH) scores 47 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.