EHAB
Enhabit, Inc.9.61
-0.08-0.83%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
487.13MP/E (TTM)
-Basic EPS (TTM)
-0.24Dividend Yield
0%Recent Filings
10-K
FY2025 results
Enhabit's FY2025 net service revenue hit $1.06B, up 2.4% y/y, with Hospice surging 17.2% to $246.2M on 11.8% higher average daily census of 3,985 patients and 5.2% better revenue per patient day, while Home Health dipped 1.3% to $813.8M amid a 2.9% unit revenue drop from non-Medicare growth offset by 1.9% census gains to 41,786. Hospice margins expanded sharply, driving consolidated Adjusted EBITDA to $108.5M (up 8.5%), but Home Health's $44.7M goodwill impairment reflected reimbursement headwinds. Q4 momentum shone in Hospice volume acceleration. Cash swelled to $43.6M with $92.5M revolver room; debt fell to $443.3M. No 2026 guidance disclosed. Merger uncertainty risks quarterly referrals.
8-K
Q4 revenue up, merger pending
Enhabit posted Q4 net service revenue of $270.4 million, up 4.7% year over year, with Adjusted EBITDA climbing 11.6% to $28.0 million amid home health admissions growth of 7.3% and hospice ADC up 9.9%. Leverage dropped to 3.7x after $15 million debt paydown. Pending Kinderhook buyout at $13.80/share targets Q2 2026 close. Merger risks loom large.
8-K
Enhabit refinances $475M credit facilities
Enhabit Inc. entered an amended and restated credit agreement on February 26, 2026, with Wells Fargo as agent, establishing a $315M Term Loan A and $160M revolving facility, both maturing in five years. Proceeds refinanced the prior 2022 credit agreement, with SOFR-based rates starting at 2.25% margin and covenants capping net leverage at 4.50x (with step-up) and fixed charge coverage at 1.25x. Lenders secured first liens on substantially all assets.
8-K
CAO resigns; CFO steps in
8-K
Enhabit merger at $13.80/share
Enhabit signed a merger agreement on February 22, 2026, to go private via acquisition by affiliates of Kinderhook Industries, with shareholders receiving $13.80 per share in cash—a 24.4% premium to the February 20 close—for a $1.1 billion enterprise value. Board unanimously approved; close expected Q2 2026 pending stockholder vote, HSR clearance, and no material adverse effect. Deal secured with $688 million equity commitment. Termination fees apply: $24.5 million from Enhabit, $44.6 million from buyer.
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