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Side-by-side financial comparison of Arhaus, Inc. (ARHS) and Enhabit, Inc. (EHAB). Click either name above to swap in a different company.
Arhaus, Inc. is the larger business by last-quarter revenue ($364.8M vs $270.4M, roughly 1.3× Enhabit, Inc.). Arhaus, Inc. runs the higher net margin — 4.1% vs -14.3%, a 18.4% gap on every dollar of revenue. On growth, Arhaus, Inc. posted the faster year-over-year revenue change (5.1% vs 4.7%). Enhabit, Inc. produced more free cash flow last quarter ($3.3M vs $-8.8M). Over the past eight quarters, Arhaus, Inc.'s revenue compounded faster (11.2% CAGR vs 1.5%).
Arhaus, Inc.ARHSEarnings & Financial Report
Arhaus, Inc. is an upscale American home furnishings company headquartered in Boston Heights, Ohio. Founded in 1986 with a focus on sustainability and artisanship in product quality, Arhaus provides a diversified assortment of specialty goods and services addressing omnichannel direct-to-consumer and business-to-business residential and commercial operations.
Enhabit, Inc., is a Dallas, Texas-based provider of home health and hospice services. The company operates 255 home health and 110 hospice locations in 34 states with a concentration in Texas, Alabama, Florida, Georgia, Oklahoma and Mississippi. Enhabit is the fourth-largest provider of home health services in the United States and is a leading provider of hospice services. The company was formed in 2022 when Encompass Health spun off its home health and hospice business.
ARHS vs EHAB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $364.8M | $270.4M |
| Net Profit | $15.1M | $-38.7M |
| Gross Margin | 38.1% | — |
| Operating Margin | 5.6% | -12.3% |
| Net Margin | 4.1% | -14.3% |
| Revenue YoY | 5.1% | 4.7% |
| Net Profit YoY | -29.1% | 15.9% |
| EPS (diluted) | $0.11 | $-0.76 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $364.8M | $270.4M | ||
| Q3 25 | $344.6M | $263.6M | ||
| Q2 25 | $358.4M | $266.1M | ||
| Q1 25 | $311.4M | $259.9M | ||
| Q4 24 | $347.0M | $258.2M | ||
| Q3 24 | $319.1M | $253.6M | ||
| Q2 24 | $309.8M | $260.6M | ||
| Q1 24 | $295.2M | $262.4M |
| Q4 25 | $15.1M | $-38.7M | ||
| Q3 25 | $12.2M | $11.1M | ||
| Q2 25 | $35.1M | $5.2M | ||
| Q1 25 | $4.9M | $17.8M | ||
| Q4 24 | $21.3M | $-46.0M | ||
| Q3 24 | $9.9M | $-110.2M | ||
| Q2 24 | $22.2M | $-200.0K | ||
| Q1 24 | $15.1M | $200.0K |
| Q4 25 | 38.1% | — | ||
| Q3 25 | 38.7% | — | ||
| Q2 25 | 41.4% | — | ||
| Q1 25 | 37.1% | — | ||
| Q4 24 | 40.0% | — | ||
| Q3 24 | 38.6% | — | ||
| Q2 24 | 40.1% | — | ||
| Q1 24 | 39.0% | — |
| Q4 25 | 5.6% | -12.3% | ||
| Q3 25 | 4.8% | 6.4% | ||
| Q2 25 | 13.0% | 6.3% | ||
| Q1 25 | 1.7% | 6.1% | ||
| Q4 24 | 8.2% | -16.0% | ||
| Q3 24 | 3.3% | -38.6% | ||
| Q2 24 | 9.5% | 4.3% | ||
| Q1 24 | 6.2% | 4.9% |
| Q4 25 | 4.1% | -14.3% | ||
| Q3 25 | 3.5% | 4.2% | ||
| Q2 25 | 9.8% | 2.0% | ||
| Q1 25 | 1.6% | 6.8% | ||
| Q4 24 | 6.1% | -17.8% | ||
| Q3 24 | 3.1% | -43.5% | ||
| Q2 24 | 7.2% | -0.1% | ||
| Q1 24 | 5.1% | 0.1% |
| Q4 25 | $0.11 | $-0.76 | ||
| Q3 25 | $0.09 | $0.22 | ||
| Q2 25 | $0.25 | $0.10 | ||
| Q1 25 | $0.03 | $0.35 | ||
| Q4 24 | $0.15 | $-0.92 | ||
| Q3 24 | $0.07 | $-2.20 | ||
| Q2 24 | $0.16 | $0.00 | ||
| Q1 24 | $0.11 | $0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $253.4M | $43.6M |
| Total DebtLower is stronger | — | $426.0M |
| Stockholders' EquityBook value | $418.2M | $534.0M |
| Total Assets | $1.4B | $1.2B |
| Debt / EquityLower = less leverage | — | 0.80× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $253.4M | $43.6M | ||
| Q3 25 | $262.2M | $56.9M | ||
| Q2 25 | $234.8M | $37.1M | ||
| Q1 25 | $214.4M | $39.5M | ||
| Q4 24 | $197.5M | $28.4M | ||
| Q3 24 | $177.7M | $45.7M | ||
| Q2 24 | $174.2M | $28.5M | ||
| Q1 24 | $233.2M | $36.5M |
| Q4 25 | — | $426.0M | ||
| Q3 25 | — | $441.5M | ||
| Q2 25 | — | $456.9M | ||
| Q1 25 | — | $467.3M | ||
| Q4 24 | — | $492.6M | ||
| Q3 24 | — | $502.9M | ||
| Q2 24 | — | $512.7M | ||
| Q1 24 | — | $526.7M |
| Q4 25 | $418.2M | $534.0M | ||
| Q3 25 | $400.4M | $566.8M | ||
| Q2 25 | $385.6M | $552.4M | ||
| Q1 25 | $348.8M | $543.2M | ||
| Q4 24 | $343.7M | $523.5M | ||
| Q3 24 | $320.6M | $566.1M | ||
| Q2 24 | $309.3M | $674.3M | ||
| Q1 24 | $285.6M | $672.3M |
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $1.3B | $1.2B | ||
| Q1 25 | $1.3B | $1.2B | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.2B | $1.4B | ||
| Q1 24 | $1.2B | $1.4B |
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.78× | ||
| Q2 25 | — | 0.83× | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | — | 0.94× | ||
| Q3 24 | — | 0.89× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.78× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $9.3M | $4.4M |
| Free Cash FlowOCF − Capex | $-8.8M | $3.3M |
| FCF MarginFCF / Revenue | -2.4% | 1.2% |
| Capex IntensityCapex / Revenue | 5.0% | 0.4% |
| Cash ConversionOCF / Net Profit | 0.62× | — |
| TTM Free Cash FlowTrailing 4 quarters | $59.0M | $65.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.3M | $4.4M | ||
| Q3 25 | $46.1M | $37.8M | ||
| Q2 25 | $34.9M | $10.6M | ||
| Q1 25 | $46.5M | $17.9M | ||
| Q4 24 | $31.7M | $-4.1M | ||
| Q3 24 | $31.1M | $28.4M | ||
| Q2 24 | $47.5M | $9.6M | ||
| Q1 24 | $36.8M | $17.3M |
| Q4 25 | $-8.8M | $3.3M | ||
| Q3 25 | $28.0M | $36.2M | ||
| Q2 25 | $20.9M | $8.7M | ||
| Q1 25 | $18.9M | $17.6M | ||
| Q4 24 | $13.0M | $-4.7M | ||
| Q3 24 | $4.6M | $27.7M | ||
| Q2 24 | $11.3M | $8.9M | ||
| Q1 24 | $10.9M | $15.5M |
| Q4 25 | -2.4% | 1.2% | ||
| Q3 25 | 8.1% | 13.7% | ||
| Q2 25 | 5.8% | 3.3% | ||
| Q1 25 | 6.1% | 6.8% | ||
| Q4 24 | 3.7% | -1.8% | ||
| Q3 24 | 1.4% | 10.9% | ||
| Q2 24 | 3.6% | 3.4% | ||
| Q1 24 | 3.7% | 5.9% |
| Q4 25 | 5.0% | 0.4% | ||
| Q3 25 | 5.3% | 0.6% | ||
| Q2 25 | 3.9% | 0.7% | ||
| Q1 25 | 8.9% | 0.1% | ||
| Q4 24 | 5.4% | 0.2% | ||
| Q3 24 | 8.3% | 0.3% | ||
| Q2 24 | 11.7% | 0.3% | ||
| Q1 24 | 8.8% | 0.7% |
| Q4 25 | 0.62× | — | ||
| Q3 25 | 3.77× | 3.41× | ||
| Q2 25 | 1.00× | 2.04× | ||
| Q1 25 | 9.53× | 1.01× | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | 3.14× | — | ||
| Q2 24 | 2.14× | — | ||
| Q1 24 | 2.44× | 86.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARHS
| Sales Channel Retail | $305.7M | 84% |
| Sales Channel E Commerce | $59.2M | 16% |
EHAB
| Third Party Payor Medicare | $111.6M | 41% |
| Third Party Payor Medicare Advantage | $67.5M | 25% |
| Hospice Segment | $63.6M | 24% |
| Third Party Payor Managed Care | $24.9M | 9% |
| Third Party Payor Medicaid | $1.7M | 1% |