)
Edge14 Nov 2025
Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Encompass Health (EHC) investor relations material
Encompass Health Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary30 Oct, 2025
Executive summary
Q3 2025 net operating revenue rose 9.4% year-over-year to $1,477.5 million, with nine-month revenue up 10.6% to $4,390.6 million and Adjusted EBITDA up 11.4% to $300.1 million; Adjusted EPS increased 19.4% to $1.23.
Opened three new hospitals and added 39 beds in Q3, with 240 new beds year-to-date and continued capacity expansion.
Retired $100 million of 5.75% Senior Notes due 2025 and repurchased $24.9 million in shares in Q3; $81.7 million year-to-date.
Maintained high-quality patient outcomes, industry-leading discharge metrics, and national recognition for care quality.
Strong financial position with no significant debt maturities until 2028 and optimism for long-term growth due to demographic trends.
Financial highlights
Q3 2025 net operating revenues: $1,477.5M (up from $1,351.0M in Q3 2024); net patient revenue per discharge increased 3.3% to $21,679.
Adjusted EBITDA for Q3 2025 was $300.1M, and net income attributable to shareholders was $126.5M, up 16.9% year-over-year.
Adjusted free cash flow for Q3 2025 was $174.2M, down 8.2% year-over-year, but nine-month free cash flow increased to $582.5M.
Premium labor costs declined $5.6M year-over-year to $27M, and benefits expense per FTE increased 1.9%.
Quarterly dividend of $0.19 per share paid in Q3 2025.
Outlook and guidance
2025 guidance raised: net operating revenue of $5,905M–$5,955M, Adjusted EBITDA of $1,235M–$1,255M, and Adjusted EPS of $5.22–$5.37.
Full-year adjusted free cash flow estimate increased to $730M–$810M.
Medicare pricing expected to increase 2.9% in Q4 2025; managed care pricing up 3.0%.
8 new hospitals and 127 additional beds planned for 2025, with 150–200 bed additions in both 2026 and 2027.
Estimated 2025 cash tax payments are $110M–$130M, with $50M in cash tax savings anticipated from new tax legislation.
Q3 adjusted free cash flow decline drivers?
Impact of capacity expansion on capital spend?
Unpredictable items impacting GAAP guidance?
What CapEx is needed for 6-8% discharge growth?
Key labor cost trends for 2026?
Update on small-format hospital strategy.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Encompass Health earnings date
Q4 202510 Feb, 2026
Next Encompass Health earnings date
Q4 202510 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Encompass Health Corporation operates inpatient rehabilitation hospitals that provide care for patients recovering from illnesses and injuries such as stroke, neurological disorders, and orthopedic conditions. It also offers home-based care services through its healthcare network. The company is headquartered in Birmingham, Alabama, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage