greeksoup/ stock research
Stock research / United States / OPCH · Services-Home Health Care Services · Nasdaq

Option Care Health, Inc. (OPCH)

Compare with another name

Option Care Health, Inc. (OPCH) reported revenue of $1.4 billion for Q2 FY2026, the quarter ended 30 June 2026, up 1.9% on the same quarter a year earlier. Net income was $54 million, up 6.7% on the year, and diluted earnings per share $0.35. The figures are the company's own, from the 10-Q it filed with the SEC on 29 July 2026.

Revenue$1.4 billionup 1.9%
Net income$54 millionup 6.7%
Diluted EPS$0.35
QuarterQ2 FY2026ended 30 June 2026

Option Care Health (OPCH) in brief

Option Care Health (OPCH) reported revenue of $5.6 billion for fiscal 2025, the year ended 31 December 2025, up 13.0% on the year before.
Read moreNet income was $208 million and diluted earnings per share $1.27. Revenue was $5.0 billion in fiscal 2024, $4.3 billion in fiscal 2023, $3.9 billion in fiscal 2022 and $3.4 billion in fiscal 2021. Net income in the same years was $212 million, $267 million, $151 million and $140 million. Over the twelve months to 30 June 2026, Option Care Health reported revenue of $5.7 billion and net income of $210 million. Revenue grew 13.3% a year, compounded, over the five years to fiscal 2025. Option Care Health had 150 million shares outstanding at the latest filed count. At 30 June 2026 it carried $1.2 billion of debt and $194 million of cash. At the close of 8 October 2026 the market cap of Option Care Health was $4.7 billion, 23.3 times its earnings over the last twelve months.

Ratios

From the filings

ROE16.6%
ROCE13.8%
Operating margin5.9%
Net margin3.7%
FCF margin5.3%
Interest cover6.16
Debt to equity0.92
Cash conversion1.65
Share count, 1 year-7.7%
Sales CAGR, 3 years12.7%
Profit CAGR, 3 years11.3%
EPS, TTM$1.33

At the close of 8 October 2026

Price$31.05
Market cap$4.7 billion
Stock P/E23.35
Price to book3.69
EV / EBITDA13.98
Dividend yieldn/a
Market cap / sales0.82
52-week high$36.59
52-week low$19.52
Price, 1 year14.2%
Price CAGR, 3 years-1.2%
Price CAGR, 5 years4.4%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Debt to equity here stands on long-term debt as Option Care Health, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
OPCHgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on OPCH

Filings19 in twelve months: 10 current reports (8-K), about 5 results of operations; 4 regulation fd disclosure; 2 material agreement; 1 shareholder vote; 1 officer or director change
Planned insider sales2 Form 144 notices in twelve months, $1.2 million; latest 27 February 2026
Options tapeput/call 0.26 by open interest at the 8 October 2026 close; the straddle prices a 3.9% move to 16 October 2026
13F holders9 of the followed funds hold it; largest Geode Capital Management; 6 Schedule 13D or 13G filings in twelve months
Insider trading2 sales and 5 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest12.1 million shares short, 7.50 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 5 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025 †Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue1,0931,1241,1461,2271,2791,3461,3331,4161,4351,4651,3511,442
Cost of revenue8398779089781,0221,0781,0701,1471,1621,1831,0891,175
Gross profit254247238249257268263269273283262267
Gross margin23%22%21%20%20%20%20%19%19%19%19%19%
SG&A158148155154157165168170172172175165
Operating income81.084.669.080.785.187.079.282.784.591.572.585.1
Operating margin7%8%6%7%7%6%6%6%6%6%5%6%
Interest expense11.812.413.212.612.310.913.214.414.112.713.314.0
Pre-tax income70.178.957.072.073.681.063.668.969.081.561.074.0
Tax rate20%28%21%26%27%26%26%27%25%28%26%27%
Net income56.357.244.853.053.960.146.750.551.858.545.353.9
Net margin5%5%4%4%4%4%4%4%4%4%3%4%
Diluted EPS$0.31$0.32$0.26$0.30$0.31$0.36$0.28$0.31$0.32$0.37$0.29$0.35
Operating cash flow61.051.0-68.819616036.1-7.290.313935.9-12.1184
Capital expenditure8.419.95.89.89.710.39.49.19.213.69.011.1
Free cash flow52.631.1-74.618615125.8-16.681.213022.2-21.2173
Buybacks10075.240.078.142.092.6n/an/a62.5n/an/an/a
Shares outstanding177m175m174m171m170m166m164m162m160m157m157m150m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2009FY2011 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue1,3301,8189361,8281,9402,3103,0333,4393,9454,3024,9985,6505,694
Cost of revenue1,1723396745484661,7972,3502,6592,5622,8133,4474,5624,608
Gross profit1582152624464225136827808679811,0131,0881,085
Gross margin11.9%11.8%28.0%24.4%21.8%22.2%22.5%22.7%22.0%22.8%20.3%19.3%19.1%
Selling, general and administrativen/an/an/a338346460500526566607630682683
Operating income15.525.6-11.027.338.3-0.3111191240315322338334
Operating margin1.2%1.4%-1.2%1.5%2.0%-0.0%3.7%5.5%6.1%7.3%6.4%6.0%5.9%
Interest expense1.925.5n/an/a45.873.710867.053.851.249.054.654.2
Pre-tax income13.50.0-34.2-67.4-51.0-78.2-5.2116206359284283285
Income tax-40.60.42.0-18.6-2.7-2.32.8-23.455.291.771.875.375.9
Effective tax rate-299.4%3954.5%n/an/an/an/an/a-20.1%26.8%25.5%25.3%26.6%26.6%
Net income54.17.9-42.83.9-6.1-75.9-8.1140151267212208210
Net margin4.1%0.4%-4.6%0.2%-0.3%-3.3%-0.3%4.1%3.8%6.2%4.2%3.7%3.7%
Diluted EPS$1.36$0.14-$0.54-$0.60-$0.49-$0.49-$0.04$0.77$0.83$1.48$1.23$1.27$1.33
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2009FY2011 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow22.727.0-42.537.924.439.5127209268371323258347
Capital expenditure0.00.59.925.026.328.326.925.635.441.935.641.343.0
Free cash flow22.726.5-52.412.9-1.811.2101183232329288217304
Free cash flow margin1.7%1.5%-5.6%0.7%-0.1%0.5%3.3%5.3%5.9%7.7%5.8%3.8%5.3%
Cash from investing-5.7-9.9-73.2-24.5-37.0-728-26.3-112-108-56.5-36.5-161-46.4
Cash from financing-17.0-17.1110-5.2-4.2719-68.8-76.915.3-265-218-277-305
Depreciation and amortisation5.010.022.034.738.153.771.363.160.659.260.967.567.9
Share-based compensation3.44.51.81.52.14.22.99.616.830.536.140.039.0
Buybacksn/an/an/an/an/an/an/a0.00.0250253310n/a
Diluted shares, weighted40m55mn/an/an/a156m181m181m182m180m173m163m153m
Shares outstanding at period end40m55m118mn/a128m177m180m180m182m175m166m157m150m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2009FY2011 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity156215601n/a6039071,0161,1761,3861,4221,4041,3261,260
Short-term borrowings0.0n/an/an/an/an/an/an/an/an/an/an/an/a
Debt0.0227468n/a5391,2861,1241,0661,0641,0631,1111,1611,159
Operating lease liabilitiesn/an/an/an/a0.058.270.874.571.485.584.888.586.2
Other liabilities131235n/an/a286338437475591647822880874
Total liabilities and equity287677605n/a1,4282,5902,6472,7913,1133,2173,4223,4563,379
Owned
Fixed assets15.527.032.7n/a93.1133121112108121127139140
Goodwill24.5312366n/a6321,4261,4291,4781,5331,5401,5401,6071,607
Intangible assets0.019.631.0n/a10.5386351366364335301309291
Cash and equivalents0.00.09.6n/a36.467.199.3119294344413233194
Receivables151225109n/a310324328338378378410474512
Inventory51.318.036.2n/a83.3116159183224274388471400
Other assets44.974.720.5n/a262138160195211225243223236
Total assets287677605n/a1,4282,5902,6472,7913,1133,2173,4223,4563,379
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a13.3%12.7%5.9%
Profit growth, compoundedn/an/a11.3%-0.8%
Return on equity, average6.1%14.5%16.5%15.7%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Healthcare

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Quest Diagnostics Inc. DGX$25.5 billion24.5014.1%14.1%9.9%0.751.4%
Labcorp Holdings Inc. LH$25.4 billion25.9911.6%10.4%6.4%0.680.9%
Tenet Healthcare Corp. THC$21.0 billion10.0548.1%20.8%5.4%2.81n/a
BrightSpring Health Services, Inc. BTSG$12.6 billionn/an/an/an/a1.07n/a
Encompass Health Corp. EHC$12.1 billion19.9623.9%18.0%9.5%1.000.6%
Davita Inc. DVA$11.3 billion14.49n/a15.2%6.4%n/an/a
Universal Health Services Inc. UHS$10.5 billion7.1620.3%11.4%10.0%0.650.5%
Ensign Group, Inc. ENSG$10.0 billion26.8815.5%8.5%18.9%0.060.1%
Chemed Corp. CHE$6.5 billion25.0333.1%13.5%3.3%0.170.4%
Hims & Hers Health, Inc. HIMS$6.5 billionn/a-43.8%-6.0%28.0%4.21n/a
Sotera Health Co. SHC$5.1 billion31.2824.6%n/a8.1%3.21n/a
Option Care Health, Inc. OPCH$4.7 billion23.3516.6%5.9%5.9%0.92n/a
All 13 in Healthcare
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
HCA Healthcare, Inc. HCA$97.0 billion14.90n/a12.7%7.3%n/a0.7%
Quest Diagnostics Inc. DGX$25.5 billion24.5014.1%14.1%9.9%0.751.4%
Labcorp Holdings Inc. LH$25.4 billion25.9911.6%10.4%6.4%0.680.9%
Tenet Healthcare Corp. THC$21.0 billion10.0548.1%20.8%5.4%2.81n/a
BrightSpring Health Services, Inc. BTSG$12.6 billionn/an/an/an/a1.07n/a
Encompass Health Corp. EHC$12.1 billion19.9623.9%18.0%9.5%1.000.6%
Davita Inc. DVA$11.3 billion14.49n/a15.2%6.4%n/an/a
Universal Health Services Inc. UHS$10.5 billion7.1620.3%11.4%10.0%0.650.5%
Ensign Group, Inc. ENSG$10.0 billion26.8815.5%8.5%18.9%0.060.1%
Chemed Corp. CHE$6.5 billion25.0333.1%13.5%3.3%0.170.4%
Hims & Hers Health, Inc. HIMS$6.5 billionn/a-43.8%-6.0%28.0%4.21n/a
Sotera Health Co. SHC$5.1 billion31.2824.6%n/a8.1%3.21n/a
Option Care Health, Inc. OPCH$4.7 billion23.3516.6%5.9%5.9%0.92n/a
2 companies share its SEC industry code (Services-Home Health Care Services); the rest are the names nearest in size in its wider industry, Healthcare, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202629 July 2026EDGAR
10-Q31 March 202630 April 2026EDGAR
10-K31 December 202524 February 2026EDGAR
10-Q30 September 202530 October 2025EDGAR
10-Q30 June 202530 July 2025EDGAR
10-Q31 March 202529 April 2025EDGAR
10-K31 December 202426 February 2025EDGAR
10-Q30 September 202430 October 2024EDGAR
10-Q30 June 202431 July 2024EDGAR
10-Q31 March 202423 April 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install