- Companies
- Enhabit
Enhabit Acquisition, Valuation & Financials
Enhabit was acquired by Kinderhook Industries for $1.1B in February 2026, a 1.0x multiple on $1.1B of revenue.
Enhabit acquisition price
$1.1B
Acquired by Kinderhook Industries · Feb 2026
Enhabit revenue at acquisition
$1.1B
Last twelve months · Feb 2026
Enhabit revenue multiple at acquisition
1.0x
EV/Revenue · Feb 2026
Enhabit EBITDA multiple at acquisition
10.3x
EV/EBITDA · Feb 2026
About Enhabit
Enhabit Inc provides home health and hospice services in the United States. Its reportable segments are Home Health and Hospice. The Home Health segment includes a comprehensive range of Medicare-certified home nursing services for adult patients in need of care. These services include, among others, skilled nursing, physical, occupational, and speech therapy, medical social work, and home health aide services. The Hospice segment focuses on the quality of life for patients who are experiencing a life-limiting illness while treating the person and symptoms of the disease, rather than the disease itself. The company generates a majority of its revenue from the Home Health segment.
Founded
2014
HQ
Website
Status
Acquired
Customer focus
B2C
Revenue model
Services
Revenue
$1.1B (Feb 2026)
Valuation
$1.1B (acquired Feb 2026)
Sectors
Enhabit Acquisition
Enhabit was acquired by Kinderhook Industries for $1.1B on 23 February 2026.
The acquisition price implies a 1.0x revenue and 10.3x EBITDA multiple on $1.1B of revenue.
| Acquirer | Date | Type | Price | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|
| 23 Feb 2026 | PE buyout | $1.1B | 1.0x | 10.3x |
Enhabit as a Public Company
Enhabit traded as STU: X34 before it was taken private. Its acquisition was announced in February 2026. April 2026 is its last month on record as a listed company, with a market cap of $704M and an enterprise value of $1.2B.
Last-twelve-month revenue was $1.1B, with EBITDA of $109M (10% margin), and the shares traded at 1.1x EV/Revenue and 10.7x EV/EBITDA.
Over the 3 years before that, its market cap grew from $614M in April 2023 to $704M, while revenue fell from $1.1B to $1.1B.
Enhabit market cap while listed
Enhabit EV/Revenue (LTM) while listed
| As of | Market cap | Revenue (LTM) | EBITDA (LTM) | EBITDA margin | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Apr 2026 | $704M | $1.1B | $109M | 10% | 1.1x | 10.7x |
| Apr 2025 | $405M | $1B | $102M | 10% | 0.9x | 9.3x |
| Apr 2024 | $506M | $1.1B | $99M | 9% | 1.0x | 11.0x |
| Apr 2023 | $614M | $1.1B | $150M | 14% | 1.1x | 8.1x |
Market cap, enterprise value and last-twelve-month figures are month-end values, up to the last month Enhabit traded.
Acquisitions by Enhabit
Enhabit has acquired 2 companies to date.
Last acquisition by Enhabit was on December 1st 2022. Enhabit acquired Southwest Florida Homecare for undisclosed valuation.
Latest Acquisitions by Enhabit
| Description | Southwest Florida Homecare is a Fort Myers-based agency delivering skilled nursing, physical therapy, occupational therapy, and personal care services to homebound patients. Licensed by Florida's Agency for Health Care Administration, it serves Lee, Collier, and Charlotte counties with 24/7 on-call support. | Caring Hearts Hospice delivers end-of-life care services to patients with terminal illnesses through locations in multiple U.S. states. Services encompass pain management, emotional support, medical equipment provision, and therapies such as physical and occupational rehabilitation. Medicare-certified operations ensure compliance with federal standards, serving communities in Texas, Louisiana, and beyond with interdisciplinary teams of nurses, physicians, and counselors. |
| HQ Country | ||
| HQ City | Fort Myers, FL | Houston, TX |
| Deal Date | 1 Dec 2022 | 1 Oct 2022 |
| Valuation | undisclosed | $14M |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Enhabit acquisitions and their M&A valuation multiples. Start Free Trial | ||
Enhabit Competitors
Enhabit competitors include listed companies like Ryman Healthcare, Summerset Group Holdings, Regis Healthcare and Omada Health, and private ones like Honor and Luz Saude.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $473M | ($33M) | $1.1B | 4.2x | ||
| Publicly listed | $207M | $111M | $1.1B | 14.9x | ||
| Publicly listed | $961M | $211M | $1B | 0.9x | ||
| Publicly listed | $260M | ($10M) | $1.2B | 3.1x | ||
| Private | - | - | $1.3B | - | ||
| Private | - | $333M | $3.2B | - |
Enhabit Public Comps
Enhabit is no longer listed, but its public comps include Ryman Healthcare, Summerset Group Holdings, Regis Healthcare, Omada Health, Ambea, Ship Healthcare Holdings, InnovAge, Healthcare Services Group, Oncology Institute and Sienna Senior Living.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $473M | ($33M) | 4.4x | 4.2x | (63.9x) | 51.7x | |||
| $207M | $111M | 21.0x | 14.9x | 39.1x | 27.2x | |||
| $961M | $211M | 0.9x | 0.9x | 4.3x | 9.2x | |||
| $260M | ($10M) | 3.8x | 3.1x | (98.6x) | 48.5x | |||
| $1.6B | $290M | 1.7x | 1.5x | 9.5x | 8.3x | |||
| $4.6B | $196M | 0.2x | 0.2x | 5.6x | 5.4x | |||
| $990M | $26M | 1.5x | 1.4x | 56.1x | 14.7x | |||
| $1.8B | $86M | 0.7x | 0.7x | 15.4x | 10.7x | |||
This data is available for Pro users. Sign up to see all Enhabit competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Enhabit
| When was Enhabit founded? | Enhabit was founded in 2014. |
| Where is Enhabit headquartered? | Enhabit is headquartered in Dallas, TX, United States. |
| Is Enhabit publicly listed? | No, Enhabit was acquired by Kinderhook Industries in February 2026. |
| Who acquired Enhabit? | Enhabit was acquired by Kinderhook Industries in February 2026. |
| How much was Enhabit acquired for? | Enhabit was acquired for $1.1B in February 2026, a 1.0x revenue multiple. |
| Which companies are comparable to Enhabit? | Companies comparable to Enhabit include Ryman Healthcare, Summerset Group Holdings, Regis Healthcare, Omada Health, Honor and Luz Saude. |
| What was Enhabit's market cap before the acquisition? | Enhabit had a market cap of $704M in April 2026, its last month on record as a listed company, trading at 1.1x EV/Revenue. |
| What was Enhabit's revenue as a public company? | Enhabit's last reported twelve-month revenue was $1.1B (April 2026), with EBITDA of $109M. |
| How many companies has Enhabit acquired? | Enhabit has acquired 2 companies, including Southwest Florida Homecare and Caring Hearts Hospice. |
| What was the largest acquisition by Enhabit? | The $14M acquisition of Caring Hearts Hospice in October 2022 is the largest acquisition Enhabit has made to date. |
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