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NYSE · Healthcare

Encompass Health Corp (EHC)

As-reported financials and SEC filings for Encompass Health Corp. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Encompass Health Corp

Encompass Health Corp operates inpatient rehabilitation hospitals across 39 states and Puerto Rico, providing specialized rehabilitative care for patients recovering from major injuries or illnesses. The company serves patients with physical or cognitive disabilities, offering therapy and nursing services aimed at restoring functional abilities. Encompass Health focuses on delivering cost-effective care through advanced technology and clinical protocols, primarily serving patients referred from acute-care hospitals.

Snapshot

Revenue
$5.94B
Revenue growth (YoY)
10.5%
Net income
$566.2M
Diluted EPS
$5.54
Gross margin
Operating margin
Net margin
9.5%
FCF margin
7.4%
ROE
17.6%
net income / fiscal-year-end equity
P/E
20.0×
trailing when available, otherwise FY EPS
Market cap
$11.92B
Long-term debt / equity
0.76×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Encompass Health

  • Revenue grew 10.5% to $5.9B in FY2025, in line with the 11.9% the year before.
  • Most recent quarter Q2 FY2026: revenue $1.6B, up 9.6% from Q2 FY2025.
  • Free cash flow was $439M in FY2025, 7.4% of revenue.
  • Net income rose 24.2% to $566M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Encompass Health’s fundamentals sit among the 558 Healthcare companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin9.5%
75th percentile of 418
FCF margin7.4%
61st percentile of 372
Revenue growth (YoY)+10.5%
51st percentile of 538
ROE17.6%
84th percentile of 473
P/E20.0×
42nd percentile of 201
Long-term debt / equity0.76×
68th percentile of 243
Short interest2.83d
30th percentile of 557

No reported insider purchases (code P) in the last 90 days; 6 insider sales totaling $26.4M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+6 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$713.3M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$259.1M2.6MAdded
Two Sigma InvestmentsquantQ2 2026$229.2M2.3MAdded
Millennium ManagementquantQ2 2026$81.4M805.7KAdded
AQR Capital ManagementquantQ2 2026$56.6M561.9KAdded
D. E. ShawquantQ2 2026$38.9M384.6KReduced
Gotham Asset ManagementQ2 2026$26.4M260.9KAdded
Renaissance TechnologiesquantQ2 2026$17.6M174.5KReduced
Bridgewater AssociatesQ2 2026$4.1M41.0KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
6
$26.4M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-31
filed 2026-09-01
Price Andrew LChief Accounting OfficerSell5.2K$120.93$630K
2026-08-31
filed 2026-09-01
Darby John PatrickEVP, Gen Counsel & SecretarySell4.9K$121.09$588K
2026-08-10
filed 2026-08-11
Tarr Mark JPresident & CEOSell171.6K$125.46$21.5M
2026-08-10
filed 2026-08-11
COLTHARP DOUGLAS EEVP & Chief Financial OfficerSell18.9K$125.38$2.4M
2026-08-10
filed 2026-08-11
Darby John PatrickEVP, Gen Counsel & SecretarySell8.9K$125.95$1.1M
2026-08-10
filed 2026-08-11
Tarr Mark JPresident & CEOSell1.6K$126.06$199K
2026-05-15
filed 2026-05-18
COLTHARP DOUGLAS EEVP & Chief Financial OfficerSell27.7K$106.83$3.0M
2026-05-15
filed 2026-05-18
COLTHARP DOUGLAS EEVP & Chief Financial OfficerSell1$107.28$107
2026-05-11
filed 2026-05-12
Tuer Patrick WilliamEVP, Chief Operating OfficerSell682$104.56$71K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.3M
settled 2026-08-14
Change vs prior
-10.4%
vs previous settlement
Days to cover
2.83
at avg daily volume
Avg daily volume
1.2M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-143.3M-10.4%2.83
2026-07-313.7M-6.7%4.89
2026-07-153.9M+26.3%3.65
2026-06-303.1M-1.4%2.17
2026-06-153.1M-6.5%3.82
2026-05-293.4M-1.3%4.71
2026-05-153.4M+0.0%3.29
2026-04-303.4M+11.6%3.56

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$5.94B$5.37B$4.80B$4.35B$4.01B
Gross profit
Operating income$539.5M$559.6M
Net income$566.2M$455.7M$352.0M$271.0M$412.2M
Diluted EPS$5.54$4.46$3.47$2.70$4.11

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.18B$1.00B$850.8M$705.8M$715.8M
Capital expenditure$736.4M$642.5M$583.1M$584.1M$545.7M
Free cash flow$439.2M$360.3M$267.7M$121.7M$170.1M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$1.60B9.6%$153.9M$1.54
Q1 FY2026$1.59B9.0%$194.5M$1.93
Q4 FY2025$1.54B9.9%$146.1M$1.43
Q3 FY2025$1.48B9.4%$126.5M$1.24
Q2 FY2025$1.46B12.0%$142.1M$1.39
Q1 FY2025$1.46B10.6%$151.5M$1.48
Q4 FY2024$1.41B12.7%$120.9M$1.18
Q3 FY2024$1.35B11.9%$108.2M$1.06

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorHealthcare
SIC industryServices-Hospitals
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2018
SEC CIK785161

Selected SEC filings

10-Q2026-08-07
View on EDGAR →
10-Q2026-05-01
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-06-01
View on EDGAR →
8-K2026-05-15
View on EDGAR →

Largest Healthcare peers

All Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.