Addus HomeCare Corporation (ADUS) vs Surgery Partners, Inc. (SGRY)

Addus HomeCare Corporation and Surgery Partners, Inc. are both Medical Care Facilities companies. Addus HomeCare Corporation is the larger, with a market value of $2.1B against $1.9B — 1.2× the size. Surgery Partners, Inc. has negative trailing earnings, so its P/E is not meaningful; Addus HomeCare Corporation trades at 19.9×. Addus HomeCare Corporation grew revenue faster over the last twelve months: 15.9% against 3.99%. Addus HomeCare Corporation has the higher net margin (7.13% vs −2.63%) and the higher return on invested capital (8.34% vs 3.61%). Across the 21 metrics below, Addus HomeCare Corporation leads on 13 and Surgery Partners, Inc. on 8.

Valuation

Metric ADUS SGRY Medical Care Facilities median
P/E 19.86 n/m 19.16
P/S 1.40 0.55 0.90
P/B 1.80 0.60 2.91
Price to free cash flow 13.39 9.69 12.62
EV/EBITDA 12.29 9.24 10.06
EV/Sales 1.38 1.60 1.35
Earnings yield 5.04% (4.86%) 2.30%
Free cash flow yield 7.47% 10.32% 4.14%

Profitability

Metric ADUS SGRY Medical Care Facilities median
Gross margin 32.36% 22.51% 30.78%
Operating margin 10.04% 12.06% 5.74%
Net margin 7.13% (2.63%) 2.32%
Free cash flow margin 10.49% 5.69% 5.46%
Return on equity 9.71% (2.83%) 8.76%
Return on assets 7.35% (1.11%) 2.18%
Return on invested capital 8.34% 3.61% 5.40%

Growth

Metric ADUS SGRY Medical Care Facilities median
Revenue growth (TTM) 15.88% 3.99% 7.12%
EPS growth (last fiscal year) 23.40% 54.14% —
Revenue growth, 5-year CAGR 13.22% 12.21% 9.58%
Net income growth, 5-year CAGR 23.69% 0.00% 0.00%

Health

Metric ADUS SGRY Medical Care Facilities median
Debt to equity 0.05 1.21 0.30
Current ratio 1.69 1.95 1.22
Net debt to EBITDA 0.25 5.88 1.32

Dividend

Metric ADUS SGRY Medical Care Facilities median
Dividend yield — — 0.85%
Payout ratio 0.00 0.00 0.00

Size

Metric ADUS SGRY Medical Care Facilities median
Market cap 2.14b 1.86b 1.34b

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