OPCH on Nasdaq

Option Care Health, Inc.

American home health care services company based in Bannockburn.

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Last updated Oct 18, 2026.

Overview

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  • TickerOPCH on Nasdaq
  • IndustryServices-Home Health Care Services
  • HeadquartersBannockburn, United States
  • Incorporated inDE2
  • Business address3000 Lakeside Dr, Suite 300N, Bannockburn, Il 600152
  • Filer categoryLarge accelerated filer2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

19.3%Gross margin3
6.0%Operating margin3
3.7%Net margin3
13.0%Revenue growth, 20253
15.7%Return on equity3
0.87×Debt to equity3
$217.1MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue81¢$4.6B
  • Selling, general and admin12¢$682.5M
  • Other costs2¢$122.5M
  • Income tax1¢$75.3M
  • Profit4¢$207.6M

Out of $5.6B in revenue.3

Where each dollar of operating cash went, fiscal 2025

  • Capital spending12¢$41.3M
  • Share buybacks88¢$310.0M

Out of $258.4M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3

Financial statements

Revenue45673$5.6B in 2025+145% since 2019
0$2.0B$4.0B$6.0B2019: $2.3B$2.3B20192020: $3.0B$3.0B2020+31%2021: $3.4B$3.4B2021+13%2022: $3.9B$3.9B2022+13%2023: $4.3B$4.3B2023+11%2024: $5.0B$5.0B2024+16%2025: $5.6B$5.6B2025+13%
Gross profit45673$1.1B in 2025+112% since 2019
0$500.0M$1.0B$1.5B2019: $513.0M$513.0M20192020: $682.3M$682.3M2020+33%2021: $779.6M$779.6M2021+14%2022: $866.9M$866.9M2022+11%2023: $981.2M$981.2M2023+13%2024: $1.0B$1.0B2024+3%2025: $1.1B$1.1B2025+7%
Operating income45673$337.9M in 2025
-$100.0M0$100.0M$200.0M$300.0M$400.0M2019: -$319.0K-$319.0K20192020: $110.8M$110.8M20202021: $190.8M$190.8M2021+72%2022: $240.2M$240.2M2022+26%2023: $314.6M$314.6M2023+31%2024: $321.8M$321.8M2024+2%2025: $337.9M$337.9M2025+5%
Net income45673$207.6M in 2025
-$100.0M0$100.0M$200.0M$300.0M2019: -$75.9M-$75.9M20192020: -$8.1M-$8.1M2020−89%2021: $139.9M$139.9M20212022: $150.6M$150.6M2022+8%2023: $267.1M$267.1M2023+77%2024: $211.8M$211.8M2024−21%2025: $207.6M$207.6M2025−2%

Every line of the income statement as filed: the last 3 fiscal years, latest first.3

Period ending2025-12-312024-12-312023-12-31
NET REVENUE$5.6B$5.0B$4.3B
COST OF REVENUE$4.6B$4.0B$3.3B
GROSS PROFIT$1.1B$1.0B$981.2M
Selling, general and administrative expenses$682.5M$630.3M$607.4M
Depreciation and amortization expense$67.5M$60.9M$59.2M
Total operating expenses$750.0M$691.2M$666.6M
OPERATING INCOME$337.9M$321.8M$314.6M
Interest expense, net-$54.6M-$49.0M-$51.2M
Equity in earnings of joint ventures$7.4M$6.0M$5.5M
Other, net-$7.9M$4.8M$89.9M
Total other (expense) income-$55.0M-$38.2M$44.1M
INCOME BEFORE INCOME TAXES$282.9M$283.6M$358.7M
INCOME TAX EXPENSE$75.3M$71.8M$91.7M
NET INCOME$207.6M$211.8M$267.1M
Change in unrealized (loss) gain on cash flow hedges, net of income tax benefit (expense) of $2,272, $1,284, and $2,158, respectively-$6.9M-$3.9M-$6.2M
OTHER COMPREHENSIVE (LOSS) INCOME-$6.9M-$3.9M-$6.2M
NET COMPREHENSIVE INCOME$200.6M$207.9M$260.9M
Earnings per share, basic (in dollars per share)$1.28$1.23$1.49
Earnings per share, diluted (in dollars per share)$1.27$1.23$1.48
Weighted average common shares outstanding, basic (in shares)162.1M shares171.6M shares179.0M shares
Weighted average common shares outstanding, diluted (in shares)163.4M shares172.8M shares180.4M shares
Change in unrealized (loss) gain on cash flow hedges, income tax benefit (expense)$2.3M$1.3M$2.2M

Compare Option Care Health, Inc. with another company

Leadership

Who has led Option Care Health, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (68)

Former names

  • BioScrip, Inc.Nov 3, 2004 to Aug 2, 20192
  • MIM CORPJul 30, 1996 to Mar 14, 20052

Timeline

  1. Aug 7, 2019New chief executive John Charles Rademacher becomes CEO12
  2. Sep 23, 2016New chief executive Daniel E. Greenleaf becomes CEO13
  3. Nov 14, 2006New chief executive Richard H. Friedman becomes CEO14
  4. Mar 22, 1996Founded Option Care Health, Inc. is founded92

Filings

365 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 50 major events, 215 insider forms, 29 large holders, 51 other. The latest 20:

  1. Oct 6, 2026DEFA14A EDGAR
  2. Oct 6, 2026DEFA14A EDGAR
  3. Oct 6, 20268-K EDGAR
  4. Aug 14, 2026SCHEDULE 13G/A EDGAR
  5. Jul 29, 202610-Q EDGAR
  6. Jul 29, 20268-K EDGAR
  7. Jul 8, 20264 EDGAR
  8. Jul 8, 20263 EDGAR
  9. May 22, 20264 EDGAR
  10. May 22, 20264 EDGAR
  11. May 22, 20264 EDGAR
  12. May 22, 20264 EDGAR
  13. May 22, 20264 EDGAR
  14. May 22, 20264 EDGAR
  15. May 22, 20264 EDGAR
  16. May 22, 20264 EDGAR
  17. May 22, 20268-K EDGAR
  18. May 21, 20264 EDGAR
  19. May 12, 20268-K EDGAR
  20. May 7, 20264 EDGAR

The 365 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 29 such filings since October 2021, the latest 10:

  1. Aug 14, 2026SCHEDULE 13G/A
  2. May 6, 2026SCHEDULE 13G/A
  3. Apr 30, 2026SCHEDULE 13G
  4. Apr 29, 2026SCHEDULE 13G
  5. Mar 27, 2026SCHEDULE 13G/A
  6. Nov 5, 2025SCHEDULE 13G
  7. Aug 12, 2025SCHEDULE 13G/A
  8. Jun 13, 2025SCHEDULE 13G
  9. Dec 4, 2024SCHEDULE 13G/A
  10. Nov 8, 2024SC 13G

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.22,104,863$463.5M0.0%+2,217,031
Wellington Management Group Llp11,782,384$247.1M0.0%−115,083
Vanguard Portfolio Management LLC8,274,458$173.5M0.0%+211,903
Fuller & Thaler Asset Management, Inc.7,450,698$156.2M0.4%+325,418
Vanguard Capital Management LLC7,063,747$148.1M0.0%+47,424
Durable Capital Partners LP6,163,722$129.3M1.3%−2,827,532
State Street Corp6,139,898$128.8M0.0%+265,018
Arrowstreet Capital, Limited Partnership5,980,270$125.4M0.1%+1,744,033
Dimensional Fund Advisors LP5,449,294$114.3M0.0%+1,572,438
Geode Capital Management, LLC4,467,797$93.7M0.0%+219,576
Millennium Management LLC2,618,869$54.9M0.0%+977,878
Charles Schwab Investment Management Inc2,464,334$51.7M0.0%−24,199
Bank Of America Corp /de/2,266,839$47.5M0.0%+321,824
Morgan Stanley2,240,837$47.0M0.0%−573,415
Goldman Sachs Group Inc2,165,092$45.4M0.0%+791,302
Sumitomo Mitsui Trust Group, Inc.2,132,614$44.7M0.0%−478,333
Northern Trust Corp1,961,486$41.1M0.0%+16,486
Boston Partners1,952,275$41.0M0.0%−479,192
Nuveen, LLC1,938,948$40.7M0.0%+318,076
Swedbank AB1,891,500$39.7M0.0%+165,500
Fmr LLC1,819,131$38.1M0.0%−4,606,988
Point72 Asset Management, L.P.1,800,244$37.8M0.1%+1,237,540
Norges Bank1,673,104$35.1M0.0%New
Manufacturers Life Insurance Company, The1,633,818$34.3M0.0%−171,053
Citadel Advisors LLC1,633,556$34.3M0.0%−1,903,902

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Oct 31, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000−6.8%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000+5.6%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000−5.6%Report
Sep 25, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−0.9%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

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