Acadia Healthcare Company, Inc. (ACHC) vs Option Care Health, Inc. (OPCH)

Acadia Healthcare Company, Inc. and Option Care Health, Inc. are both Medical Care Facilities companies. Option Care Health, Inc. is the larger, with a market value of $3.4B against $2.6B — 1.3× the size. Acadia Healthcare Company, Inc. has negative trailing earnings, so its P/E is not meaningful; Option Care Health, Inc. trades at 17.3×. Option Care Health, Inc. grew revenue faster over the last twelve months: 5.95% against 4.27%. Option Care Health, Inc. has the higher net margin (3.68% vs −33.4%) and the higher return on invested capital (9.37% vs 5.01%). Across the 19 metrics below, Option Care Health, Inc. leads on 14 and Acadia Healthcare Company, Inc. on 5.

Valuation

Metric ACHC OPCH Medical Care Facilities median
P/E n/m 17.35 19.16
P/S 0.76 0.62 0.90
P/B 1.29 2.80 2.91
Price to free cash flow n/m 11.61 12.62
EV/EBITDA 8.88 11.00 10.06
EV/Sales 1.42 0.79 1.35
Earnings yield (44.32%) 5.77% 2.30%
Free cash flow yield (3.93%) 8.61% 4.14%

Profitability

Metric ACHC OPCH Medical Care Facilities median
Gross margin 100.00% 19.06% 30.78%
Operating margin 10.06% 5.86% 5.74%
Net margin (33.44%) 3.68% 2.32%
Free cash flow margin (2.98%) 5.34% 5.46%
Return on equity (44.54%) 16.00% 8.76%
Return on assets (19.00%) 6.20% 2.18%
Return on invested capital 5.01% 9.37% 5.40%

Growth

Metric ACHC OPCH Medical Care Facilities median
Revenue growth (TTM) 4.27% 5.95% 7.12%
EPS growth (last fiscal year) (537.41%) 3.25% —
Revenue growth, 5-year CAGR 9.65% 13.25% 9.58%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ACHC OPCH Medical Care Facilities median
Debt to equity 1.22 0.92 0.30
Current ratio 1.57 1.47 1.22
Net debt to EBITDA 4.07 2.25 1.32

Dividend

Metric ACHC OPCH Medical Care Facilities median
Dividend yield — — 0.85%
Payout ratio 0.00 0.00 0.00

Size

Metric ACHC OPCH Medical Care Facilities median
Market cap 2.59b 3.44b 1.34b

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