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MARKETS / NASDAQ / ACHC
NASDAQ · SERVICES-SPECIALTY OUTPATIENT FACILITIES, NEC · LARGE CAP

Acadia Healthcare Company, Inc. ACHC

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.3B
▲ 5.0% YoY
$-1.1B
▼ 531.4% YoY
$-439.9M
In brief

What this company does

Acadia Healthcare's facilities and services fall into four categories: acute inpatient psychiatric facilities, specialty treatment facilities, comprehensive treatment centers, and residential treatment centers. At December 31, 2025, it operated 277 behavioral healthcare facilities with over 12,500 beds in 40 states and Puerto Rico. It also had approximately 25,000 employees at December 31, 2025, of which approximately 19,000 were employed full-time. For the year ended December 31, 2025, it received 57.7% of its revenue from Medicaid, 24.6% from commercial payors, 14.3% from Medicare and 3.4% from other payors. Acute inpatient psychiatric facilities provide a high level of care intended to stabilize patients who are a threat to themselves or to others. Its CTCs specialize in providing medication-assisted treatment in an outpatient setting.

Written from the business description in Acadia Healthcare Company, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.

Growth
USD 3.3B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.3 · Net income -1.1
2.0B-0.4B-0.8B200920112013201520172019202120232025
Compound annual growth
+8.3%
+9.7%
+6.1%
+30.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−33 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -32.2% · Net -33.0%
10%20%-10%-20%-30%200920112013201520172019202120232025
ROE
FY2025 · ROE -43.9%
10%20%-20%-40%200920112013201520172019202120232025

Each USD of equity lost 44 cents this year.

Cash & shareholders
USD 50.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -439.9
200M400M-200M-400M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 50.0
20M40M2025

USD 50.0M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 5.5B
EquityUSD 1.9B
CashUSD 133.2M
Gross debtUSD 2.5B
Net debtUSD 2.4B
Current ratio1.55×

Net debt stands at 121% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B3.33.22.92.62.32.12.01.92.82.81.81.00.70.40.20.10.0
Operating income $B−1.10.3−0.00.40.30.20.10.10.60.60.40.20.10.1−0.00.00.0
EBITDA $B−0.90.50.10.50.40.30.20.10.70.70.50.20.20.1−0.00.00.0
Income tax $B0.00.1−0.00.10.10.00.00.00.00.00.10.00.00.0−0.00.00.0
Net income $B−1.10.3−0.00.30.2−0.70.1−0.20.20.00.10.10.00.0−0.00.00.0
Free cash flow $B−0.4−0.60.00.10.10.40.10.20.10.1−0.00.0−0.00.0−0.00.00.0
EPS, diluted $−12.162.78−0.242.982.10−7.591.24−2.012.300.071.641.500.850.53−1.860.350.16
Dividend / sh $·················
Payout %·················
ROE %−43.98.7−0.810.28.6−30.54.5−7.28.40.38.812.29.37.7−57.424.7·
Shares out B0.090.090.090.090.090.090.090.090.090.090.070.060.050.050.03··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 10 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Specialty Outpatient Facilities, NEC
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2009

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