Aveanna Healthcare Holdings Inc. · NASDAQ:AVAH
Aveanna Healthcare — Investor Presentation (November 2025)
20 slides from Aveanna Healthcare's investor presentation, Nov 7, 2025
Slide 1: Investor Presentation November 2025
Investor Presentation November 2025
Slide 2: Disclaimers and Forward-Looking Statements
Disclaimers and Forward-Looking Statements This investor presentation (this "presentation“) and any oral statements made in connection with this presentation are for information purposes only and do not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase a
Slide 3: Transforming the Value of Homecare
Transforming the Value of Homecare Aveanna offers a leading, diversified homecare platform that delivers innovative care to pediatric, adult, and geriatric patients. With locations in 38 states, Aveanna has established a national footprint dedicated to high-quality clinical outcomes and enhanced val
Slide 4: Management team
Debbie Stewart Principal Accounting Officer Jeff Shaner Chief Executive Officer CEO of Aveanna since 2023 Instrumental in formation of Aveanna Healthcare Chief Operating Officer of Aveanna Healthcare since 2017 Chief Operating Officer of PSA Healthcare since 2015 Former SVP, President of Operations
Slide 5: Aveanna Overview
Aveanna Overview 2025 Guidance(1) Key Operating Statistics >$2.375b Revenue 33.7% Gross Margin(2) >$300m Adjusted EBITDA 366 Locations 38 States 29,000 Caregivers 45m Homecare Hours(3) 93 Preferred Payors ___________________________ 1. Consistent with prior practice, we are not providing guidance on
Slide 6: Aveanna's Transformative Homecare Platform
Melia and Mom Heather Valerie JAR to think through and build out Aveanna's Transformative Homecare Platform Preferred Payor Partnerships Government Affairs Strategy Scaled National Platform Technology and Data Driven Results Reduction in Total Cost of Care Our advanced homecare platform positions us
Slide 7: Aveanna's Transformative Homecare Platform
Aveanna's Transformative Homecare Platform PDS Preferred Payors State Rate Increases Home Health Episodic Mix Value-based Agreements Continued substantial progress as demonstrated by key performance metrics. (1) ___________________________ 1. See Disclaimers and Forward-looking Statements slide. Pro
Slide 8: Aveanna's Transformative Homecare Platform: Long-term Growth Rate
Melia and Mom Heather Valerie Our future opportunity will continue to provide enhanced value that is driven by our significant investment in our value-based national homecare platform. Aveanna's Transformative Homecare Platform Value-based Organic Growth Risk-based Growth Core Organic Growth Scaled
Slide 9: Aveanna Business Segments
Valerie Melia and Mom Heather Aveanna Business Segments
Slide 10: Private Duty Services Segment Financial Highlights
Private Duty Services Segment Financial Highlights Key Operating Statistics $1,947m Net Revenue1 26% – 28% Gross Margin2 3% – 5% Organic Growth Rate3 257 Locations 29 States 39,000 Patients on Service 56% % of PP Volume Preferred Payors 30 Preferred Payor Partnerships underpinned by enhanced rates a
Slide 11: Home Health & Hospice Segment Financial Highlights
Home Health & Hospice Segment Financial Highlights Key Operating Statistics Locations States Patients on Service Episodic Mix Preferred Payors $239m Net Revenue1 50% – 52% Gross Margin2 5% – 7% Organic Growth Rate3 82 15 13,850 45 Home Health Geriatric Patient Population Intermittent Services Shorte
Slide 12: Medical Solutions Segment Financial Highlights
Medical Solutions Segment Financial Highlights Key Operating Statistics States we deliver to Patients on Service Preferred Payors $175m Net Revenue1 42% – 44% Gross Margin2 8% – 10% Organic Growth Rate3 27 30,300 18 Nutritional Support – Enteral Product, Equipment and Supplies Provided to Pediatric,
Slide 13: Scaled Platform Built for Driving Growth and Enhancing Value
Scaled Platform Built for Driving Growth and Enhancing Value
Slide 14: Fragmented Home Care Markets Support Sustainable Growth
Fragmented Home Care Markets Support Sustainable Growth $20bn Legacy Pediatric Focus Personal Care $18.0bn Annual U.S. Healthcare Spend $4.5tn Therapy $6.0bn Enteral Nutrition $3.0bn Therapy $7.0bn Private Duty Nursing $10.0bn Hospice $23.0bn $99bn Addressable Adult Opportunity TAM annual growth fro
Slide 15: Q3 2025 Financial Performance: Summary Results
Q3 2025 Financial Performance: Summary Results PDS Q3 2025 revenue growth of 25.6% from Q3 2024, driven by 11.8 million hours of care or 12.9% YOY volume increase MS YTD 2025 gross margin improvement of 140 bps compared to 2024, driven by modernization efforts HHH Q3 2025 revenue growth of 15.3% fro
Slide 16: Financial Performance: Capital Structure
Financial Performance: Capital Structure Liquidity of $478.7m, comprised of the following: $145.9m cash on balance sheet $227m revolver availability $105.8m securitization availability Undrawn revolver at the end of Q3 $23m in outstanding letters of credit at the end of Q3 Total variable rate debt o
Slide 17: Path Forward: Strategic and Operational Focus on Driving Shareholder Value
Path Forward: Strategic and Operational Focus on Driving Shareholder Value Value-based Growth Enhanced Capital Structure Core Organic Growth
Slide 18: Appendix
8 aveanna healthcare: Appendix 18
Slide 19: Reconciliation of Net Income to Adjusted EBITDA
Reconciliation of Net Income to Adjusted EBITDA ___________________________ 1-7: Please see our earnings release posted on November 6, 2025 for further description of the nature of these items
Slide 20: Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow
Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow
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