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Mar 31, 2025
Addus Q1 2025 Earnings Report
Addus HomeCare announced financial results for the first quarter ended March 31, 2025.
Key Takeaways
Addus HomeCare reported a strong start to 2025 with significant growth in net service revenues, net income, and adjusted EBITDA. The personal care segment was the primary driver of growth, benefiting from acquisitions and rate increases. The company also saw continued improvement in its hospice care segment and maintained a strong balance sheet with consistent cash flow from operations.
Net service revenues increased by 20.3% year-over-year to $337.7 million.
Net income rose to $21.2 million, resulting in $1.16 per diluted share.
Adjusted net income per diluted share increased by 17.4% year-over-year to $1.42.
Adjusted EBITDA grew by 25.1% year-over-year to $40.6 million.
Revenue by Segment
Forward Guidance
Addus HomeCare expects favorable trends to continue, supporting solid organic growth and performance from recently acquired operations. The company plans to pursue additional acquisition opportunities in strategic markets to offer the full care continuum.
Positive Outlook
- Expectation of continued favorable business trends.
- Anticipated solid organic growth.
- Expected strong performance from recently acquired operations.
- Focus on identifying and pursuing additional acquisition opportunities.
- Strategy to leverage existing personal care presence and add clinical care services.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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