Encompass Health Corp (EHC)

Encompass Health Corporation operates inpatient rehabilitation hospitals in the United States and Puerto Rico. The company offers specialized rehabilitative treatment, using technology and therapy, on an inpatient basis for patients recovering from a major injury or illness and seeking to regain functional ability, independence, and quality of life; medical, nursing, therapy, and ancillary services; and rehabilitative care to patients who are recovering from conditions, such as stroke and other neurological disorders, cardiac and pulmonary conditions, brain and spinal cord injuries, complex orthopedic conditions, and amputations. It offers services through the Medicare program to the federal government, managed care plans and private insurers, state governments, and other patients. The company was formerly known as HealthSouth Corporation and changed its name to Encompass Health Corporation in January 2018. Encompass Health Corporation was incorporated in 1984 and is based in Birmingham, Alabama.

Ticker
EHC
Exchange
NYSE
Sector
Healthcare
Industry
Medical Care Facilities
Market cap
$13.52B
52-week range
$92.77 - $143.36

Valuation

Share price
$137.54 (close of Nov 6, 2026)
P/E (TTM)
21.23x
Price to book
3.86x
Price to free cash flow
29.57x
Enterprise value
$16.25B
Book value per share
$35.63

Price performance

PeriodChange
1 day-2.64%
5 days+1.21%
1 month+10.31%
3 months+10.19%
6 months+30.98%
Year to date+29.58%
1 year+19.53%
3 years+113.44%
5 years+165.88%
10 years+329.14%
All time+3,154.36%

Short interest

As of
Oct 15, 2026
Short % of float
3.80%
Shares short
3.31M
Days to cover
3.52
Change since prior report
-5.04%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
17.60%
Return on invested capital
14.89%*
Return on assets
7.99%
Return on capital employed
17.21%*
Net margin
9.54%
EBITDA margin
20.39%
Revenue growth
10.46%
Net income growth
24.25%
Free cash flow growth
21.90%

* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.

Cash flow and balance sheet

Free cash flow yield (TTM)
3.38%
Current ratio
1.09x
Net debt to EBITDA
1.76x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$5.94B
EBITDA
$1.21B
Net income
$566.20M
Earnings per share
$5.62
Interest expense
$123.20M
Shares outstanding
100.50M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$5.94B-$566.20M$5.62
2024-12-31$5.37B-$455.70M$4.53
2023-12-31$4.80B-$352.00M$3.51
2022-12-31$4.35B$693.80M$271.00M$2.72
2021-12-31$4.01B$729.10M$412.20M$4.15
2020-12-31$3.57B$715.50M$284.20M$2.87
2019-12-31$4.61B$859.10M$358.70M$3.65
2018-12-31$4.28B$775.40M$292.30M$2.98
2017-12-31$3.91B$750.00M$271.10M$2.88
2016-12-31$3.64B$721.50M$247.60M$2.77

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-31-9.54%17.60%14.89%*
2024-12-31-8.48%16.32%13.38%*
2023-12-31-7.33%15.61%11.92%*
2022-12-3115.95%6.23%14.84%9.12%
2021-12-3118.16%10.27%17.49%7.84%
2020-12-3120.06%7.97%14.43%8.87%
2019-12-3118.66%7.79%21.19%9.85%
2018-12-3118.13%6.83%18.77%10.72%
2017-12-3119.16%6.93%19.43%10.89%
2016-12-3119.81%6.80%27.19%10.80%

* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.

Cash and debt by year

Period endCashDebt
2025-12-31$72.20M$2.45B
2024-12-31$85.40M$2.36B
2023-12-31$69.10M$2.69B
2022-12-31$21.80M$2.74B
2021-12-31$49.40M$3.24B
2020-12-31$185.60M$3.25B
2019-12-31$60.00M$3.02B
2018-12-31$69.20M$2.48B
2017-12-31$54.40M$2.55B
2016-12-31$40.50M$2.98B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$439.20M$56.50M
2024-12-31$360.30M$48.30M
2023-12-31$267.70M$50.60M
2022-12-31$141.00M$29.20M
2021-12-31$191.20M$29.10M
2020-12-31$311.90M$25.60M
2019-12-31$262.90M$114.40M
2018-12-31$507.90M$85.90M
2017-12-31$432.50M$47.70M
2016-12-31$462.50M$27.40M

Dividend history

Most recent payment
Oct 1, 2026
Paid in the last twelve months
$0.78
Payment dateDividend per share
2026-10-01$0.21
2026-07-01$0.19
2026-04-01$0.19
2026-01-02$0.19
2025-10-01$0.19
2025-07-01$0.17
2025-04-01$0.17
2025-01-02$0.17

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-28Sep 2026$1.37
2026-08-05Jun 2026$1.48
2026-04-30Mar 2026$1.51
2026-02-05Dec 2025$1.29
2025-10-29Sep 2025$1.19
2025-08-04Jun 2025$1.20
2025-04-24Mar 2025$1.19
2025-02-06Dec 2024$1.02

Filings and sources

Company website
encompasshealth.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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