Atlanta, Georgia – Addus HomeCare Corporation, a provider of home care services, has been making waves in the industry with strong financial performance and strategic acquisitions. The company, which focuses on personal care, hospice, and home health services, has seen substantial growth in sales and margins, positioning itself as a key player in the market.

With nearly 50,000 patients served across 23 states, Addus HomeCare employs 30,000 workers and offers a range of services including personal hygiene, meal preparation, housekeeping, and various therapies. The company’s revenue has surpassed a billion dollars, driven primarily by personal care services and hospice offerings.

Over the years, Addus HomeCare has experienced impressive sales growth, doubling its revenue since 2018, with a significant improvement in EBITDA margins. This growth has not gone unnoticed by investors, as the company’s stock price has shown a substantial increase, trading in the range of $80 to $120.

In recent financial reports, Addus HomeCare reported a rise in full-year sales and operating profits, with solid margins and earnings per share figures. The company’s financial performance has attracted positive attention from investors, leading to a premium valuation in the market.

Moreover, Addus HomeCare recently announced a significant acquisition of Gentiva’s personal care operations in a $350 million deal. This strategic move is expected to enhance the company’s service offerings and expand its market reach, further solidifying its position in the industry.

The acquisition is seen as a favorable investment, with pro forma net debt and leverage ratios aligning well with the company’s growth strategy. The deal is anticipated to contribute positively to Addus HomeCare’s EBITDA performance and overall profitability.

Looking ahead, Addus HomeCare is poised for continued growth and success, with potential for earnings to improve further. Despite the challenges in the industry, the company’s track record and strategic acquisitions position it as a strong contender in the personal home care sector, garnering attention from investors and industry experts alike.