Filing Flows › Aveanna Healthcare Holdings (AVAH) › Q4 2024
Aveanna Healthcare Holdings (AVAH) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 13, 2025
Aveanna Healthcare Holdings (AVAH) reported revenue of $520M for the fourth quarter 2024 (Q4 2024), +9% from a year earlier and +2% from the quarter before. Operating margin was 8.8%, net earnings $29.2M (5.6% of revenue).
Aveanna Healthcare Holdings, Q4 2024: revenue $520M (+9% year over year), operating margin 8.8%, net earnings $29.2M, operating cash flow $13.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $520M | +2% | +9% |
| Gross profit | $172M | +8% | +16% |
| Operating profit | $45.8M | +35% | +56% |
| Net earnings | $29.2M | — | — |
| Operating cash flow | $13.4M | -54% | — |
What changed
Revenue was $519.9M in Q4 2024, up 9% year over year and up 2% from the previous quarter. Private Duty Services was the largest line at 81% of revenue.
Gross margin was 33.0%, up 2.0 points from a year earlier. Operating profit was $45.8M, a 8.8% margin (up 2.7 points year over year). Of the extra revenue versus a year earlier, 40% reached operating profit, above the 6% margin then. Operating expenses grew 6% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+16%). Net earnings were $29.2M. The effective tax rate was -8.3%.
Operating cash flow was $13.4M, 46% of net earnings. Non-cash charges added back $2.4M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $23.2M.
Questions
What was Aveanna Healthcare Holdings' revenue in the fourth quarter 2024?
Aveanna Healthcare Holdings (AVAH) reported revenue of $520M for the fourth quarter 2024 (Q4 2024), +9% from a year earlier and +2% from the quarter before.
Was Aveanna Healthcare Holdings profitable in the fourth quarter 2024?
Operating profit was $45.8M (8.8% of revenue) and net earnings $29.2M.