Encompass Health (EHC)
Health Care · Inpatient rehabilitation hospitals / post-acute care
The nation's largest inpatient rehabilitation hospital operator, helping patients recover functional independence after major injuries and illnesses through specialized therapy and advanced clinical protocols.
What Encompass Health does
Encompass Health is the nation's largest owner and operator of inpatient rehabilitation hospitals, with 173 hospitals across 39 states and Puerto Rico. The company provides specialized rehabilitative treatment on an inpatient basis for patients recovering from major injuries or illnesses, using advanced technology and intensive therapy to help patients regain functional ability and independence. Approximately 92% of patients are admitted from acute-care hospitals following physician referrals for conditions such as strokes, hip fractures, and neurological conditions. The company also develops post-acute care solutions leveraging its clinical expertise and electronic medical record technologies.
Themes: ["Inpatient rehabilitation / post-acute care","Medicare / healthcare reimbursement","Stroke recovery and treatment","Patient outcomes optimization","Healthcare delivery systems"]
Fundamentals
- Price$111.02 as of 2026-07-09 close
- Market cap$11.0B as of 2026-07-10
- 1-year return-6.7% as of 2026-07-09 close
- P/E18.00 as of 2026-07-10
- Net margin+10.0% as of 2026-07-10
- Gross margin+95.8% as of 2026-07-10
- ROE+25.4% as of 2026-07-10
- Debt / equity1.02 as of 2026-07-10
- Revenue growth (YoY)+10.1% as of 2026-07-10
- Revenue CAGR (3y)+10.9% SEC XBRL
- Beta0.76 as of 2026-07-10
Dividend: yield +0.7%; 3-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Heavy dependence on Medicare reimbursement and regulations; reductions, delays, or suspension of reimbursement by governmental or private payors could substantially decrease revenues and adversely affect operating results.","Exposure to audit and overpayment assertions from governmental agencies and contractors; statistical sampling and extrapolation by auditors may expand claims of overpayment or noncompliance, requiring costly defense and potential refunds.","Changes in payor mix, including shifts to Medicare Advantage providers that limit patient access to inpatient rehabilitation, or shifts in patient acuity could reduce patient volumes, revenues, and profitability."]
Competitors & peers
- Kindred Healthcare (KKR portfolio)
- LHC Group
- Brookdale Senior Living
- Senior Care Industries
- National Health Investors
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.