Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
38.7%Gross margin3
4.8%Operating margin3
2.6%Net margin3
2.8%Revenue growth, 20223
3.8%Return on equity3
0.46×Debt to equity3
$30.5MFree cash flow3
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Other costs95¢$2.2B
- Interest1¢$31.3M
- Income tax1¢$17.0M
- Profit3¢$60.2M
Out of $2.3B in revenue.3
Where each dollar of operating cash went, fiscal 2022
- Capital spending36¢$19.5M
- Share buybacks64¢$34.6M
Out of $50.0M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $900.0M4 | $1.1B5 | $1.8B6 | $2.1B7 | $2.1B3 | $2.2B3 | $2.3B3 |
| Cost of revenue | $557.6M4 | $675.8M5 | $1.2B6 | $1.3B6 | $1.3B6 | ||
| Gross profit | $342.4M4 | $386.8M5 | $653.6M6 | $755.4M7 | $812.8M3 | $883.0M3 | $883.6M3 |
| Operating income | $70.6M4 | $74.7M5 | $111.0M6 | $151.6M7 | $178.1M3 | $185.6M3 | $108.5M3 |
| Interest | $2.4M4 | $3.4M5 | $9.7M6 | $11.2M7 | $4.1M3 | $4.3M3 | $31.3M3 |
| Income before tax | $181.3M3 | $77.2M3 | |||||
| Income tax | $22.2M4 | $10.9M5 | $22.4M6 | $26.6M7 | $36.0M3 | $37.7M3 | $17.0M3 |
| Net income | $45.9M4 | $60.4M5 | $78.9M6 | $113.9M7 | $137.9M3 | $143.6M3 | $60.2M3 |
| Earnings per share | $2.084 | $2.835 | $2.316 | $3.097 | $3.593 | $3.713 | $1.313 |
| Earnings per share (diluted) | $2.074 | $2.795 | $2.296 | $3.077 | $3.563 | $3.693 | $1.303 |
| Shares (weighted, basic) | 31.2M shares3 | 30.5M shares3 | |||||
| Shares (weighted, diluted) | 31.4M shares3 | 30.7M shares3 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $3.3M5 | $2.8M6 | $49.4M7 | $31.7M3 | $286.6M3 | $9.8M3 | $17.9M3 |
| Receivables | $348.8M3 | $313.2M3 | |||||
| Current assets | $149.7M10 | $201.0M4 | $366.9M5 | $380.3M6 | $647.0M7 | $433.1M3 | $408.2M3 |
| Property, plant and equipment | $154.0M3 | $154.3M3 | |||||
| Goodwill | $1.7B3 | $1.8B3 | |||||
| Intangible assets | $400.0M3 | $395.3M3 | |||||
| Total assets | $614.1M4 | $793.7M5 | $1.9B6 | $2.1B7 | $2.5B3 | $2.9B3 | $2.9B3 |
| Current liabilities | $80.5M10 | $102.3M4 | $206.1M5 | $231.0M6 | $681.4M7 | $408.8M3 | $290.5M3 |
| Long-term debt | $544.0K10 | $010 | $243.7M4 | $253.0M5 | $20.0K6 | $661.0K7 | $733.0M3 |
| Total liabilities | $200.0M10 | $273.7M4 | $489.6M5 | $617.9M6 | $851.1M7 | $1.2B3 | $1.2B3 |
| Retained earnings | $751.0M3 | $790.9M3 | |||||
| Shareholders’ equity | $395.1M10 | $448.9M4 | $1.3B5 | $1.4B6 | $1.5B7 | $1.6B3 | $1.6B3 |
| Shares outstanding | 18.0M shares11 | 18.2M shares12 | 30.8M shares5 | 31.0M shares6 | 31.1M shares7 | 30.6M shares3 | 30.6M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $67.5M4 | $32.3M5 | $108.6M6 | $130.5M7 | $529.2M3 | -$100.3M3 | $50.0M3 |
| Depreciation and amortization | $20.9M3 | $23.1M3 | |||||
| Stock-based compensation | $15.9M3 | $20.0M3 | |||||
| Capital spending | $16.0M4 | $10.2M5 | $33.0M6 | $33.6M7 | $65.9M3 | $33.0M3 | $19.5M3 |
| Free cash flow | $51.5M | $22.1M | $75.6M | $96.9M | $463.4M | -$133.3M | $30.5M |
| Cash from investing | -$607.8M3 | -$58.4M3 | |||||
| Share buybacks | $07 | $03 | $74.6M3 | $34.6M3 | |||
| Cash from financing | $431.4M3 | $16.5M3 |
Corporate structure
LHC Group, Inc sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of LHC Group, Inc
- VANGUARD GROUP INC Filed SC 13G/A on LHC Group, Inc, latest Feb 9, 2023 (2 filings since Feb 10, 2022)
- Wellington Management Company Filed SC 13G/A on LHC Group, Inc, latest Jul 11, 2022 (2 filings since Feb 4, 2022)
- LHC Group, Inc Lafayette, Louisiana
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What LHC Group, Inc reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $268.7M3 Dec 31, 2022 | $252.4M3 Dec 31, 2021 | +6.5% |
| Accumulated depreciation | $114.4M3 Dec 31, 2022 | $98.4M3 Dec 31, 2021 | +16.3% |
| Property and equipment, net | $154.3M3 Dec 31, 2022 | $154.0M3 Dec 31, 2021 | +0.2% |
| Operating-lease assets (leased space) | $108.0M3 Dec 31, 2022 | $113.4M3 Dec 31, 2021 | −4.8% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $1.8B3 Dec 31, 2022 | $1.7B3 Dec 31, 2021 | +1.0% |
| Intangible assets, net (excluding goodwill) | $395.3M3 Dec 31, 2022 | $400.0M3 Dec 31, 2021 | −1.2% |
| Indefinite-lived intangibles (excluding goodwill) | $381.2M3 Dec 31, 2022 | $381.7M3 Dec 31, 2021 | −0.1% |
| Finite-lived intangibles, gross | $37.9M3 Dec 31, 2022 | $37.4M3 Dec 31, 2021 | +1.2% |
| Accumulated amortization | $23.7M3 Dec 31, 2022 | $19.2M3 Dec 31, 2021 | +23.9% |
| Finite-lived intangibles, net | $14.1M3 Dec 31, 2022 | $18.3M3 Dec 31, 2021 | −22.6% |
Leadership
Who has led LHC Group, Inc, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
2010201520202025
- Chief executive officerKeith G. Myers Jan 4, 2006 to Feb 22, 202313
- ChairKeith G. Myers Jan 5, 2011 to Feb 22, 202314
- PresidentJoshua L. Proffitt Aug 4, 2020 to Feb 22, 202315
- PresidentDonald Dwayne Stelly Nov 17, 2010 to Jun 13, 201916
- PresidentKeith G. Myers Jan 4, 2006 to May 13, 201013
- Chief financial officerJoshua L. Proffitt Oct 8, 2019 to Aug 31, 202017
- Chief financial officerDionne E. Viator Mar 4, 2015 to Mar 3, 201618
- Chief financial officerJeffrey M. Kreger Jan 9, 2014 to Mar 4, 201419
- Chief financial officerPeter J. Roman Aug 24, 2007 to Jan 6, 201420
- Chief financial officerBarry Edwin Stewart Jun 2, 2006 to Aug 8, 200721
- Chief operating officerJoshua L. Proffitt Mar 3, 2022 to Feb 22, 202322
- Chief operating officerDonald Dwayne Stelly Nov 17, 2010 to Jun 13, 201916
- Chief operating officerDaryl J. Doise Jan 4, 2006 to Jan 13, 200623
- Chief operating officerJohn L. Indest Jan 4, 2006 to Jan 5, 201024
Board members and other officers (29)
- Chief Strategy OfficerC. Steven Guenthner Apr 3, 2018 to Apr 4, 201825
- OfficerJeff Reibel Apr 3, 2018 to Mar 4, 201926
- Chief Innovation OfficerBruce D. Greenstein Aug 2, 2018 to Feb 22, 202327
- Executive Vice PresidentJoshua L. Proffitt Nov 15, 2013 to Aug 2, 201928
- Senior Vice PresidentPeter C. November Ii. Aug 4, 2008 to Aug 7, 201229
- Senior Vice PresidentRichard A. Macmillan Apr 4, 2007 to Apr 3, 200930
- Senior V.P. of Bus DevelopmentDaryl J. Doise Jul 20, 2006 to Jun 3, 201131
- Senior Vice PresidentDonald Dwayne Stelly Aug 11, 2006 to Nov 2, 201032
- Board memberTeri G. Fontenot Mar 4, 2019 to Feb 22, 202333
- Board memberClifford S. Holtz Apr 3, 2018 to Feb 22, 202334
- Board memberJonathan Goldberg Apr 3, 2018 to Feb 22, 202335
- Board memberTyree G. Wilburn Apr 3, 2018 to Dec 7, 201836
- Board memberW. Earl Reed Iii. Apr 3, 2018 to Feb 22, 202337
- Board memberBrent Turner Aug 18, 2014 to Feb 22, 202338
- Board memberAdam Gray Aug 2, 2013 to Jun 16, 201739
- Board memberChristopher S. Shackelton Nov 16, 2012 to Jun 16, 201740
- Board memberKenneth E. Thorpe Feb 2, 2010 to Mar 5, 201841
- Board memberJohn B. Breaux Feb 21, 2007 to Mar 5, 201842
- Board memberMonica F. Azare Nov 29, 2007 to Feb 22, 202343
- Board memberJohn L. Indest Jan 4, 2006 to Feb 22, 202324
- Board memberKeith G. Myers Jan 4, 2006 to May 13, 201013
- Board memberTed W. Hoyt Apr 17, 2006 to Mar 14, 201444
- Board memberDan S. Wilford Jun 16, 2006 to Mar 5, 201845
- Board memberGeorge A. Lewis Jun 16, 2006 to Mar 3, 201746
- Board memberNancy G. Brinker Jun 16, 2006 to Jun 28, 200747
- Board memberRonald T. Nixon Jun 16, 2006 to Feb 22, 202348
- Board memberW. J. Tauzin Jun 16, 2006 to Mar 3, 202149
- Board memberW. Patrick Mulloy Ii. Jun 16, 2006 to Jun 16, 200650
- General counselNicholas Gachassin Iii. Jan 2, 2019 to Feb 22, 202351
Former names
- LHC Group, LLCNov 26, 2004 to Feb 17, 20052
Timeline
- Feb 22, 20238-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer52
- Jan 12, 20238-K Listing notice or transfer53
- Dec 7, 20228-K Other events54
- Nov 2, 20228-K Results of operations; Regulation FD disclosure55
- Aug 3, 20228-K Results of operations; Regulation FD disclosure56
- Jun 21, 20228-K Shareholder vote57
- Jun 14, 20228-K Other events58
- Jun 10, 20228-K Other events59
- May 4, 20228-K Results of operations; Regulation FD disclosure60
- Mar 29, 20228-K Other events61
- Mar 29, 20228-K Entered a material agreement62
- Mar 16, 20228-K Results of operations; Regulation FD disclosure63
- Jan 4, 2006New chief executive Keith G. Myers becomes CEO13
Calendar
When it reported results
- Nov 2, 2022Reported quarterly or annual results55
- Aug 3, 2022Reported quarterly or annual results56
- May 4, 2022Reported quarterly or annual results60
- Mar 16, 2022Reported quarterly or annual results63
- Feb 24, 2022Reported quarterly or annual results64
- Nov 4, 2021Reported quarterly or annual results65
- Oct 19, 2021Reported quarterly or annual results66
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
85 filings to the SEC since October 2021: 3 annual reports, 4 quarterly reports, 16 major events, 45 insider forms, 8 large holders, 9 other. The latest 20:
- Mar 6, 202315-12G EDGAR
- Feb 22, 202325-NSE EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 20234 EDGAR
- Feb 22, 202310-K EDGAR
- Feb 22, 2023S-8 POS EDGAR
- Feb 22, 20238-K EDGAR
- Feb 14, 20235 EDGAR
The 85 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 1 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 16, 2021 | Gachassin Nicholas IIIEVP, General Counsel | Buy | 800 | $125.25 | $100.2K | Form 4 |
| Dec 16, 2021 | Gachassin Nicholas IIIEVP, General Counsel | Sale | 800 | $125.25 | $100.2K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD GROUP INCSC 13G/A, 2 filings Feb 10, 2022 to Feb 9, 202367
- Wellington Management CompanySC 13G/A, 2 filings Feb 4, 2022 to Jul 11, 202268
SEC filer profile
How LHC Group, Inc is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARLHC Group, Inc1
- CIK0001303313
- Employer ID (EIN)71-09181891
- Filer statusLarge accelerated filer1
- Fiscal year endsDecember 311
- Industry code (SIC)8082 Services-Home Health Care Services1
- Business address901 Hugh Wallis Road South, Lafayette, LA 705081
- Phone337-233-13071
- Shares outstanding31,148,666 as of Feb 16, 20233
- Public float$4.6B as of Jun 30, 20223
- On EDGAR sinceNov 26, 20041
- Filings1,215 in all: 4 (623), 8-K (239), SC 13G/A (59), 10-Q (53), 3 (40), SC 13G (37), 10-K (18), 4/A (17)1
All 43 form types
DEF 14A (16), UPLOAD (16), 5 (15), CORRESP (14), SC 13D/A (10), 425 (6), S-1/A (6), S-8 (6), 8-K/A (4), DEFA14A (4), 10-K/A (2), 10-Q/A (2), 3/A (2), 424B3 (2), EFFECT (2), S-3 (2), S-3ASR (2), 15-12G (1), 25-NSE (1), 424B4 (1), 424B5 (1), 5/A (1), 8-A12B (1), 8-A12G (1), DEFM14A (1), FWP (1), PRE 14A (1), PREM14A (1), RW (1), S-1 (1), S-1MEF (1), S-4 (1), S-4/A (1), S-8 POS (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Feb 22, 2023
Quarterly report (10-Q) Nov 3, 2022
Proxy statement (DEF 14A) Apr 27, 2021
Latest 8-K (8-K) Feb 22, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARLHC Group, Inc filings on SEC EDGAR
- 2SEC EDGARLHC Group, Inc filings on SEC EDGAR
- 3SEC EDGARLHC Group, Inc 10-K for fiscal 2022
- 4SEC EDGARLHC Group, Inc 10-K for fiscal 2016
- 5SEC EDGARLHC Group, Inc 10-K for fiscal 2017
- 6SEC EDGARLHC Group, Inc 10-K for fiscal 2018
- 7SEC EDGARLHC Group, Inc 10-K for fiscal 2019
- 8SEC EDGARLHC Group, Inc 10-Q for fiscal 2022
- 9SEC EDGARLHC Group, Inc 10-Q for fiscal 2022
- 10SEC EDGARLHC Group, Inc 10-K for fiscal 2016
- 11SEC EDGARLHC Group, Inc 10-K for fiscal 2016
- 12SEC EDGARLHC Group, Inc 10-K for fiscal 2017
- 13
- 14SEC EDGARKeith G. Myers, Chair
- 15SEC EDGARJoshua L. Proffitt, President
- 16SEC EDGARDonald Dwayne Stelly, President
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26SEC EDGARJeff Reibel, Officer
- 27
- 28
- 29
- 30
- 31
- 32
- 33SEC EDGARTeri G. Fontenot, Board member
- 34SEC EDGARClifford S. Holtz, Board member
- 35SEC EDGARJonathan Goldberg, Board member
- 36SEC EDGARTyree G. Wilburn, Board member
- 37SEC EDGARW. Earl Reed Iii., Board member
- 38SEC EDGARBrent Turner, Board member
- 39SEC EDGARAdam Gray, Board member
- 40
- 41SEC EDGARKenneth E. Thorpe, Board member
- 42SEC EDGARJohn B. Breaux, Board member
- 43SEC EDGARMonica F. Azare, Board member
- 44SEC EDGARTed W. Hoyt, Board member
- 45SEC EDGARDan S. Wilford, Board member
- 46SEC EDGARGeorge A. Lewis, Board member
- 47SEC EDGARNancy G. Brinker, Board member
- 48SEC EDGARRonald T. Nixon, Board member
- 49SEC EDGARW. J. Tauzin, Board member
- 50SEC EDGARW. Patrick Mulloy Ii., Board member
- 51
- 52
- 53SEC EDGARListing notice or transfer
- 54SEC EDGAROther events
- 55
- 56
- 57SEC EDGARShareholder vote
- 58SEC EDGAROther events
- 59SEC EDGAROther events
- 60
- 61SEC EDGAROther events
- 62SEC EDGAREntered a material agreement
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