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← CockpitCompetitor Analysis › AVAH Aveanna Healthcare Holdings IncOpen in the cockpit ↗

Aveanna Healthcare Holdings IncAVAHCompetitor analysis, valuation and peers

United States · USD·Health Care›Medical/Nursing Services

Provider of home health, hospice and private-duty nursing services, focused heavily on pediatric home care.

Momentum leader 98
Mkt cap
$2.89B
US dollars, full cap
Free float
53%
of shares outstanding
$/day
$26.6M
20-day average traded
Fwd P/E
15.4×
forward earnings
ROIC−WACC
+2.1 pp
WACC 11.7%
Hurdle
+3 pp
Req g minus delivered
Next earnings
6 days
12 Nov 2026
Close · USD$13.25
1D-3.1%
1W+0.7%
1M+8.2%
3M+40.1%
6M+96.6%
YTD+62.2%
1Y+43.9%
ATR %4.1%
Beta0.67
52w lowhigh9.9% off high

What Aveanna Healthcare does

Provider of home health, hospice and private-duty nursing services, focused heavily on pediatric home care.

Paid mostly by state Medicaid programs, which set the hourly rates for nursing visits in children's homes, with Medicare paying set amounts for home health and hospice. Results therefore depend on state rate decisions and on how many nurses it can hire and keep. Bain Capital owned it before its 2021 listing.

Products and services

  • Private-duty nursing (pediatric focus)
  • Home health services
  • Hospice care
  • Home medical equipment/solutions

Customers

  • Medically fragile children/adults
  • Medicaid/Medicare beneficiaries
  • Families

Where it sits in the supply chain

  • Health care services
  • Home health & pediatric nursing
  • Private-duty nursing, home health…

What could go right

  • Aging/pediatric home-care demand growth
  • State Medicaid reimbursement rate increases

What could go wrong

  • Nursing labor shortage/wage inflation
  • Medicaid reimbursement rate risk

Moat: narrow (scale, regulatory licence). Largest pediatric private-duty nursing provider in a heavily state-regulated, labor-constrained industry.

Headquarters: Atlanta, Georgia · Founded: 1999 · Employees: 35,500

Named competitors

Aveanna Healthcare at a glance

Size Aveanna Healthcare (AVAH) is a United States Health Care company (Medical/Nursing Services) with a market value of $2.89B, the 1575th largest of 3,117 United States companies the cockpit tracks. Shares closed at $13.25 on 6 Nov 2026.

Performance Over six months the shares gained 96.6%, against +30.5% for the median peer and -1.1% for the United States market (cap-weighted) — 4th highest of 20 in its peer set.

Growth Revenue grew 19.5% over the last twelve months (peer median +4.1%); the operating margin is 11.4% (peer median 7.5%).

Valuation It trades at 15.4× forward earnings against a peer median of 40.1× (2nd cheapest of 18).

Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 2.1 points above its cost of capital (11.7% WACC).

Short interest Short interest is 2.4% of the free float (15 Oct 2026).

Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).

Relative performance

10015020011 May 202611 Aug 20266 Nov 2026AVAH 201Peer median 131
Six months, rebased to 100: Aveanna Healthcare against the median of its 20 peers (local-currency closes).

Aveanna Healthcare financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$2.60B$2.43B$2.02B$1.90B$1.79B
Revenue growth—+20%+7%+6%—
Gross profit$829M$800M$625M$582M$532M
EBITDA$326M$296M$182M$144M$118M
Net income$275M$225M-$10.9M-$135M-$662M
Free cash flow$156M$115M$24.1M$16.6M-$60.4M
Capital expenditure$9.81M$7.45M$6.32M$6.12M$12.0M
Total debt$1.51B$1.51B$1.50B$1.50B$1.50B

Quarterly statements and history in the cockpit →

Aveanna Healthcare competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%+150%0%+20%002044MDACHCLALPATHLABADUSALIF-BNEOMCOV-B603882EMEISAGLWGSOPCHAGARWALEYEAZTAPSNL1833AVAH6-month return →1-month return →
Up and to the right = strong over both horizons. Aveanna Healthcare is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%50×100×002044MDACHCLALPATHLABADUSALIF-BNEOMCOV-B603882300244AGLWGSOPCHAGARWALEYEAZTA1833AMBEAAVAHRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Aveanna Healthcare is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%20%40%60%0020443774MDLALPATHLABADUSALIF-BMCOV-B603882300244EMEISOPCHAGARWALEYEAZTA1833AVAHGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Aveanna Healthcare is the large dot.

Aveanna Healthcare competitors and peer comparison

Head to head with its named competitors (AVAH vs ADUS vs EHC vs BTSG)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Aveanna Healthcare AVAH$2.89B+97%+20%11%15.4×13.4%
Addus HomeCare ADUS$2.32B+25%+12%11%16.6×4.9%
Encompass Health EHC$13.5B+30%+9%18%20.5×5.6%
BrightSpring Health Services BTSG$13.4B+22%+23%4%28.3×24.2%
Pennant PNTG$1.27B+1%+38%6%24.0×21.1%
Chemed CHE$6.87B+24%+5%14%19.5×2.4%

How Aveanna Healthcare compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Aveanna Healthcare against its 20 peers (data as of 6 Nov 2026)
MeasureAVAHPeer medianRank in peer set
1-month return+8.2%+8.3%11th highest of 21
6-month return+96.6%+30.5%4th highest of 20
Distance from 52-week high-9.9%-15.2%9th highest of 21
Revenue growth (TTM)+19.5%+4.1%4th highest of 21
Operating margin11.4%7.5%4th highest of 21
Forward P/E15.4×40.1×2nd cheapest of 18
Growth the price implies (Req g, 7 yrs)13.4%15.0%8th least demanding of 16
Growth delivered (Del g)+10.2%+8.9%8th highest of 16
Hurdle (Req g minus delivered)+3.2 pp+3.5 pp8th least demanding of 16
ROIC minus cost of capital+2.1 pp-1.1 pp7th highest of 20
EV / EBITDA13.2×12.9×6th most expensive of 12
Net debt / EBITDA4.3×1.8×5th most indebted of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Aveanna Healthcare AVAHUnited States$2.89B+97%+20%11%15.4×13.4%+10.2%
Meinian Onehealth Healthcare 002044.SZChina$2.89B-9%-4%9%55.1×5.8%+5.7%
Fameglow 3774.HKHong Kong$3.19Bn/a+36%11%n/a48.8%+48.4%
Pediatrix Medical MDUnited States$2.44B+33%+2%12%12.9×-4.5%+2.0%
Acadia Healthcare ACHCUnited States$3.44B+47%+4%10%18.7×n/an/a
Dr. Lal PathLabs LALPATHLAB.NSIndia$3.50B+26%+17%24%51.5×32.2%+11.8%
Addus HomeCare ADUSUnited States$2.32B+25%+12%11%16.6×4.9%+13.2%
AddLife ALIF-B.STSweden$2.29B+25%+2%8%40.5×21.6%+14.6%
NeoGenomics NEOUnited States$2.18B+88%+11%-6%58.9×n/an/a
Medicover MCOV-B.STSweden$4.14B+36%+6%7%38.3×20.8%+20.2%
Guangzhou Kingmed Diagnostics 603882.SSChina$1.99B+5%-3%7%31.7×6.7%-6.1%
Dian Diagnostics 300244.SZChina$1.97B+11%-5%9%25.2×2.4%-1.1%
Emeis EMEIS.PAFrance$1.94B-30%+4%3%n/a21.3%+8.5%
agilon health AGLUnited States$1.90B+109%0%-4%67.5×n/an/a
GeneDx WGSUnited States$1.86B+53%+25%-12%98.7×n/an/a
Option Care Health OPCHUnited States$4.74B+54%+4%6%15.6×1.5%+13.2%
Dr. Agarwal's Health Care AGARWALEYE.NSIndia$1.74B+15%+22%15%89.1×41.9%+26.9%
Azenta AZTAUnited States$1.72B+104%+1%-3%103.7×56.0%+8.9%
Personalis PSNLUnited States$1.71B+164%-13%-164%n/an/an/a
Ping An Healthcare and Technology 1833.HKHong Kong$1.63B-47%+8%3%40.1×15.0%-5.1%
Ambea AMBEA.STSweden$1.63B+30%+13%8%15.8×1.7%+7.7%

Questions

Who are Aveanna Healthcare's main competitors?
Named competitors: Amedisys (private or unlisted), Addus HomeCare (ADUS), Encompass Health (EHC), BrightSpring Health Services (BTSG), Enhabit (private or unlisted), Pennant Group (PNTG). The cockpit's measured peer set (industry) also includes Meinian Onehealth Healthcare (002044.SZ), Fameglow (3774.HK), Pediatrix Medical (MD), Acadia Healthcare (ACHC), Dr. Lal PathLabs (LALPATHLAB.NS), Addus HomeCare (ADUS).
Is Aveanna Healthcare expensive compared with its peers?
On forward p/e it trades at 15.4× against a peer median of 40.1×, 2nd cheapest of 18 in its peer set. For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Aveanna Healthcare stock performed?
Over six months to 6 Nov 2026 the shares returned +96.6% against +30.5% for the median peer; over one year +43.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.