BrightSpring Health Services, Inc.
BTSG· Nasdaq, Nasdaq· Services-Home Health Care Services
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 3.1%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- –
We record prices for the companies we cover; BTSG is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 219.8M
- Revenue
- $12.9B
- Free cash flow
- $394.7M
- Owner earnings
- $324.6M
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- 11.8%
- Operating
- 2.3%
- Net
- 1.5%
- Free cash flow
- 3.1%
- Owner earnings
- 2.5%
- Stock pay
- 0.5%
Returns
- ROIC, FY2025
- 5.2%
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 10.2%
- ROE, 5 yr avg
- –
Growth (CAGR)
- Revenue, 3 yr
- 18.7%
- Revenue, 5 yr
- –
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
Financial health · FY2025
- Cash and investments
- $88.4M
- Total debt
- $2.5B
- Net debt
- $2.4B
- Debt/Equity
- 1.3x
- Debt/FCF
- 6.4x
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- –
Financials: ten years from the 10-Ks
Revenue
$12.9B
+18.7% a year over 3 years
FY2022FY2025
Margins
Gross11.8%Operating2.3%Net1.5%
FY2025
FY2022FY2025
Free cash flow and owner earnings
Free cash flow$394.7MOwner earnings$324.6M
FY2025
FY2022FY2025
Diluted shares
219.8M
+86.5% over 3 years, net dilution
FY2022FY2025
Return on invested capital
5.2%
FY2025
FY2022FY2025
Net debt (below zero)
-$2.4B
$2.4B more debt than cash
FY2022FY2025
Every figure, year by year
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| The business | ||||
| Revenue | $7.7B | $7.7B | $10.1B | $12.9B |
| Revenue growth | – | -0.4% | 31.0% | 28.2% |
| Gross margin | 17.5% | 14.8% | 12.6% | 11.8% |
| Operating margin | 2.4% | 0.8% | 1.1% | 2.3% |
| Net income | -$53.9M | -$154.6M | -$18.1M | $190.7M |
| Net margin | -0.7% | -2.0% | -0.2% | 1.5% |
| Diluted EPS | $-0.46 | $-1.31 | $-0.09 | $0.87 |
| Return on invested capital? | – | – | – | 5.2% |
| Cash | ||||
| Operating cash flow | -$4.7M | $210.8M | $23.8M | $490.2M |
| Capital expenditure | $70.1M | $73.5M | $80.9M | $95.5M |
| Free cash flow | -$74.8M | $137.3M | -$57.1M | $394.7M |
| Stock-based compensation | $3.5M | $3.9M | $69.2M | $70.1M |
| Owner earnings? | -$78.3M | $133.3M | -$126.3M | $324.6M |
| Free cash flow per share | $-0.63 | $1.16 | $-0.30 | $1.80 |
| Capital allocation | ||||
| Dividends paid | – | – | – | – |
| Share repurchases | – | $650.0K | $650.0K | $43.2M |
| Diluted shares | 117.8M | 117.9M | 193.0M | 219.8M |
| Share count change? | – | 0.0% | 63.7% | 13.9% |
| Balance sheet | ||||
| Cash and equivalents | – | $13.1M | $61.0M | $88.4M |
| Short-term investments | – | – | – | – |
| Total debt | – | $3.4B | $2.6B | $2.5B |
| Net debt | – | $3.4B | $2.5B | $2.4B |
| Shareholders' equity | $754.8M | $584.7M | $1.6B | $1.9B |
Latest filings
| 2026-10-30 | 10-Q | Quarterly report |
| 2026-10-30 | 8-K | Earnings release |
| 2026-07-31 | 10-Q | Quarterly report |
| 2026-07-31 | 8-K | Earnings release |
| 2026-05-01 | 10-Q | Quarterly report |
| 2026-05-01 | 8-K | Earnings release |
| 2026-04-10 | DEF 14A | Proxy statement |
| 2026-02-27 | 10-K | Annual report |
| 2026-02-27 | 8-K | Earnings release |
| 2025-10-28 | 10-Q | Quarterly report |
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