EHC financial statements

The full income statement, balance sheet, and cash-flow statement for Encompass Health Corporation (EHC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 100.6M2024-09 100.7M2024-12 100.7M2025-03 100.8M2025-06 100.7M2025-09 100.6M2025-12 99.4M2026-03 99.2M2026-06 98.7M-2.0% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	5.94B YoY+10.5%	5.37B YoY+11.9%	4.80B YoY+10.4%	4.35B YoY+8.3%	4.01B YoY+12.6%
Selling, general & administrative	236M YoY+12.9%	209M YoY+3.7%	202M YoY+30.7%	154M YoY-9.0%	170M YoY+11.8%
General & administrative	236M YoY+12.9%	209M YoY+3.7%	202M YoY+30.7%	154M YoY-9.0%	170M YoY+11.8%
Amortization of intangibles	28.3M YoY-1.7%	28.8M YoY-11.4%	32.5M YoY+12.8%	28.8M YoY-7.7%	31.2M YoY-5.2%
Operating income	—	—	—	540M YoY-3.6%	560M YoY-0.8%
Interest expense	123M YoY-10.3%	137M YoY-4.3%	144M YoY-18.3%	176M YoY+6.9%	164M YoY-10.6%
Other non-operating income	18.8M YoY-6.5%	20.1M YoY+28.0%	15.7M YoY+401.9%	-5.20M YoY-169.3%	7.50M YoY-10.7%
Equity-method income	4.30M YoY+43.3%	3.00M YoY-6.3%	3.20M YoY+10.3%	2.90M YoY-14.7%	3.40M YoY+17.2%
Gain (loss) on equity securities	2.50M YoY+150.0%	1.00M YoY+42.9%	700K YoY+109.5%	-7.40M YoY-1333.3%	600K YoY+50.0%
Pre-tax income	953M YoY+27.1%	750M YoY+23.5%	607M YoY+34.7%	451M YoY-10.7%	505M YoY+43.1%
Income tax	193M YoY+28.4%	150M YoY+13.6%	132M YoY+32.1%	100M YoY-1.8%	102M YoY+36.4%
	566M YoY+24.2%	456M YoY+29.5%	352M YoY+29.9%	271M YoY-34.3%	412M YoY+45.0%
Income from continuing operations	567M YoY+23.7%	459M YoY+26.0%	364M YoY+41.6%	257M YoY-14.3%	300M YoY+53.9%
Discontinued operations	-1.00M YoY+64.3%	-2.80M YoY+76.7%	-12.0M YoY-178.9%	15.2M YoY-86.7%	114M YoY+25.9%
Net income to non-controlling interest	193M YoY+36.9%	141M YoY+26.9%	111M YoY+17.0%	94.9M YoY-9.6%	105M YoY+24.1%
Net income to common	565M YoY+24.7%	453M YoY+29.5%	350M YoY+29.6%	270M YoY-34.3%	410M YoY+44.9%
	$5.54 YoY+24.2%	$4.46 YoY+28.5%	$3.47 YoY+28.5%	$2.70 YoY-34.3%	$4.11 YoY+44.2%
EPS (basic)	$5.62 YoY+24.1%	$4.53 YoY+29.1%	$3.51 YoY+29.0%	$2.72 YoY-34.5%	$4.15 YoY+44.6%
	101M YoY+0.6%	99.9M YoY+0.4%	99.5M YoY+0.3%	99.2M YoY+0.2%	99.0M YoY+0.4%
	102M YoY+0.0%	102M YoY+0.9%	101M YoY+0.9%	100M YoY+0.2%	100M YoY+0.4%
Dividends per share	$0.72 YoY+12.5%	$0.64 YoY+6.7%	$0.60 YoY-30.2%	$0.86 YoY-23.2%	$1.12 YoY+0.0%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	906M YoY+2.1%	887M YoY+5.4%	842M YoY+17.4%	717M YoY-22.2%	921M YoY-2.9%
Cash & equivalents	72.2M YoY-15.5%	85.4M YoY+23.6%	69.1M YoY+217.0%	21.8M YoY-55.9%	49.4M YoY-73.4%
Accounts receivable	613M YoY+3.4%	593M YoY-1.1%	600M YoY+14.3%	525M YoY+4.5%	502M YoY-10.8%
Prepaid expenses	53.9M YoY+27.4%	42.3M YoY+22.6%	34.5M YoY-72.8%	127M YoY+10.5%	115M YoY+33.0%
Other current assets	184M YoY+49.8%	123M YoY+34.1%	91.5M YoY-0.7%	92.1M YoY-19.8%	115M YoY+33.0%
	7.09B YoY+8.5%	6.53B YoY+7.1%	6.10B YoY+8.3%	5.64B YoY-17.9%	6.86B YoY+6.5%
Operating lease right-of-use	213M YoY+4.4%	204M YoY-2.3%	209M YoY-1.9%	213M YoY+9.7%	194M YoY-21.2%
Goodwill	1.32B YoY+2.6%	1.28B YoY+0.2%	1.28B YoY+1.4%	1.26B YoY+2.1%	1.24B YoY+0.7%
Intangible assets	308M YoY+3.5%	298M YoY+7.0%	278M YoY-1.5%	282M YoY+78.2%	158M YoY-63.3%
Other non-current assets	244M YoY+11.2%	219M YoY+14.4%	192M YoY-13.7%	222M YoY-3.4%	230M YoY-22.0%
	836M YoY-0.5%	841M YoY+28.1%	656M YoY+14.0%	576M YoY-23.1%	749M YoY+4.4%
Accounts payable	178M YoY+4.2%	171M YoY+0.6%	170M YoY+27.9%	133M YoY-0.8%	134M YoY+16.5%
Accrued liabilities	54.8M YoY+74.5%	31.4M	—	—	—
Short-term & current debt	43.6M YoY-68.5%	139M YoY+458.9%	24.8M YoY-1.6%	25.2M YoY-33.3%	37.8M YoY-1.3%
Current lease liability	26.5M YoY+0.8%	26.3M YoY+9.1%	24.1M YoY-5.9%	25.6M YoY+8.9%	23.5M YoY-47.5%
Other current liabilities	588M YoY+139.3%	246M YoY+31.2%	187M YoY+3.5%	181M YoY+2.1%	177M YoY-18.8%
Finance lease liability (current)	26.5M YoY+11.8%	23.7M YoY+9.7%	21.6M YoY+10.8%	19.5M YoY+2.1%	19.1M YoY-19.7%
	3.81B YoY+3.5%	3.69B YoY-3.1%	3.81B YoY+0.8%	3.77B YoY-15.5%	4.47B YoY+0.5%
Long-term debt	2.45B YoY+3.7%	2.36B YoY-12.2%	2.69B YoY-2.0%	2.74B YoY-15.4%	3.24B YoY-0.3%
Non-current lease liability	197M YoY+3.6%	190M YoY-3.3%	196M YoY-1.8%	200M YoY+11.2%	180M YoY-14.3%
Operating lease liability (total)	223M YoY+3.3%	216M YoY-1.9%	220M YoY-2.3%	225M YoY-10.4%	252M YoY-1.1%
Finance lease liability (total)	295M YoY-7.5%	318M YoY-6.4%	340M YoY-5.5%	360M YoY-5.4%	380M YoY-2.9%
Finance lease liability	268M YoY-9.0%	295M YoY-7.5%	319M YoY-6.4%	340M YoY-5.8%	361M YoY-1.8%
Deferred tax liabilities	127M YoY+20.5%	105M YoY+20.9%	87.0M YoY+4.8%	83.0M YoY+256.2%	23.3M YoY-55.0%
Other non-current liabilities	207M YoY+299.4%	51.8M YoY+12.4%	46.1M YoY+0.9%	45.7M YoY-6.5%	48.9M YoY-47.9%
	2.44B YoY+18.0%	2.07B YoY+25.5%	1.65B YoY+25.7%	1.31B YoY-31.4%	1.91B YoY+20.4%
Common stock	1.20M YoY+0.0%	1.20M YoY+0.0%	1.20M YoY+9.1%	1.10M YoY+0.0%	1.10M YoY+0.0%
Additional paid-in capital	1.87B YoY+1.2%	1.85B YoY+3.4%	1.79B YoY+3.3%	1.73B YoY-24.4%	2.29B YoY-1.6%
Retained earnings	1.29B YoY+61.8%	797M YoY+96.0%	407M YoY+251.3%	116M YoY-18.4%	142M YoY+158.5%
Treasury stock	723M YoY+25.0%	578M YoY+5.6%	547M YoY+2.0%	537M YoY+3.0%	521M YoY+4.8%
Accumulated other comprehensive income	500K	0.00	—	—	—
Non-controlling interest	779M YoY+7.4%	726M YoY+19.4%	608M YoY+17.8%	516M YoY+15.8%	446M YoY+16.7%
Total equity incl. non-controlling	3.22B YoY+15.2%	2.79B YoY+23.8%	2.26B YoY+23.5%	1.83B YoY-22.5%	2.36B YoY+19.6%
Total liabilities & equity	7.09B YoY+8.5%	6.53B YoY+7.1%	6.10B YoY+8.3%	5.64B YoY-17.9%	6.86B YoY+6.5%
	116M YoY+0.0%	116M YoY+0.5%	115M YoY+0.6%	115M YoY+0.5%	114M YoY+0.3%
	100M YoY-0.8%	101M YoY+0.5%	100M YoY+0.5%	99.8M YoY+0.3%	99.5M YoY+0.1%
	99.4M YoY-1.3%	101M YoY+0.6%	100M YoY+0.4%	99.7M YoY+0.3%	99.4M YoY+0.2%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.18B YoY+17.2%	1.00B YoY+17.9%	851M YoY+20.5%	706M YoY-1.4%	716M YoY+1.6%
Depreciation & amortization	328M YoY+9.4%	300M YoY+9.4%	274M YoY+12.4%	244M YoY+10.9%	220M YoY+8.2%
Intangible amortization	28.3M YoY-1.7%	28.8M YoY-11.4%	32.5M YoY+12.8%	28.8M YoY-7.7%	31.2M YoY-5.2%
Share-based compensation	56.5M YoY+17.0%	48.3M YoY-4.5%	50.6M YoY+73.3%	29.2M YoY+0.3%	29.1M YoY+13.7%
Deferred income taxes	22.3M YoY+108.4%	10.7M YoY+174.4%	3.90M YoY-86.0%	27.9M YoY+60.3%	17.4M YoY-49.6%
Change in receivables	15.2M YoY+606.7%	-3.00M YoY-113.4%	22.4M YoY+32.5%	16.9M YoY-57.2%	39.5M YoY+674.5%
Change in payables	-22.6M YoY-853.3%	3.00M YoY-74.6%	11.8M YoY+413.0%	2.30M YoY-85.3%	15.6M YoY+10.6%
	-765M YoY-17.0%	-653M YoY-8.4%	-603M YoY+3.9%	-627M YoY+5.9%	-666M YoY-63.5%
Capital expenditure	736M YoY+14.6%	643M YoY+10.2%	583M YoY+3.2%	565M YoY+7.7%	525M YoY+33.6%
Free cash flow	439M YoY+21.9%	360M YoY+34.6%	268M YoY+89.9%	141M YoY-26.3%	191M YoY-38.7%
Acquisitions	0.00	0.00	0.00	0.00 YoY-100.0%	1.10M
Other investing activities	16.6M YoY+130.6%	7.20M YoY+75.6%	4.10M YoY-2.4%	4.20M YoY+155.3%	-7.60M YoY-300.0%
	-431M YoY-30.4%	-331M YoY-67.6%	-197M YoY-35.3%	-146M YoY+39.3%	-240M YoY-64.6%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00 YoY-100.0%
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	158M YoY+408.0%	31.1M	0.00	0.00	0.00 YoY-100.0%
Dividends paid	71.1M YoY+13.2%	62.8M YoY+4.0%	60.4M YoY-39.0%	99.0M YoY-11.8%	112M YoY+0.4%
Other financing activities	-2.80M YoY-240.0%	2.00M YoY+81.8%	1.10M YoY+266.7%	300K YoY+400.0%	-100K YoY-110.0%
Net change in cash	-20.2M YoY-206.9%	18.9M YoY-62.8%	50.8M YoY+175.9%	-66.9M YoY+64.9%	-191M YoY-226.0%
Interest paid	133M YoY-9.3%	147M YoY-0.6%	148M YoY-17.2%	178M YoY+5.9%	168M YoY+0.0%
Income taxes paid	124M YoY-24.6%	165M YoY+50.5%	109M YoY+113.5%	51.2M YoY-61.0%	131M YoY+283.1%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	10.6B YoY+13.5%	9.30B YoY+39.1%	6.69B YoY+12.1%	5.97B YoY+15.6%	5.16B YoY-20.9%
P/E	18.6× YoY-8.7%	20.4× YoY+8.0%	18.9× YoY-13.5%	21.8× YoY+74.4%	12.5× YoY-45.5%
P/S	1.8× YoY+2.7%	1.7× YoY+21.4%	1.4× YoY+1.6%	1.4× YoY+9.1%	1.3× YoY-29.8%
P/B	4.3× YoY-3.8%	4.5× YoY+5.0%	4.3× YoY-12.6%	4.9× YoY+81.6%	2.7× YoY-34.3%
P/FCF	24.0× YoY-6.9%	25.8× YoY+4.8%	24.6× YoY-62.8%	66.2× YoY+145.1%	27.0× YoY+29.0%
	5.4% YoY+9.5%	4.9% YoY-7.4%	5.3% YoY+15.6%	4.6% YoY-42.7%	8.0% YoY+83.5%
	4.2% YoY+7.4%	3.9% YoY-4.6%	4.1% YoY+168.7%	1.5% YoY-59.2%	3.7% YoY-22.5%
	0.68% YoY-2.1%	0.69% YoY-22.9%	0.90% YoY-37.5%	1.4% YoY-33.3%	2.2% YoY+26.7%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: EHC's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all EHC filings on SEC EDGAR → Not investment advice.