other material
confidence high
sentiment negative
materiality 0.75
Acadia Healthcare lowers 2025 guidance after actuarial review shows $49M PLGL expense increase
Acadia Healthcare Company, Inc.
- Adjusted EBITDA guidance reduced to $601-611M from $650-660M; adjusted EPS to $1.94-2.04 from $2.35-2.45.
- 2025 PLGL expense projected ~$116M, up from $54M in 2024, driven by 168% increase in claim frequency for 2025 policy year.
- Net PLGL liability expected to rise to $145-165M at year-end 2025 from $78M at end of 2024.
- For 2026, PLGL expense expected between $100M and $110M, reflecting assumption of sustained claim frequency.