Biote (BTMD) Debt to Equity (2021 - 2026)
Biote (BTMD) recorded quarterly Debt to Equity of -$2.1 in Q1 2026, down 992.4% quarter-over-quarter from -$0.19 in Q4 2025, and down 67.85% on a YoY basis from -$6.53 in Q1 2025.
Biote (BTMD) Debt to Equity (2021 - 2026) Analysis & Trends
Biote's Debt to Equity history runs 6 years deep, the most recent figure standing at -$2.1 for Q1 2026.
- In Q1 2026, Debt to Equity fell 67.85% year-over-year to -$2.1; the TTM figure through Mar 2026 stood at -$2.1 (down 67.85% YoY), while the FY2025 annual figure was -$0.19, up 81.72% from the prior year.
- Debt to Equity was -$2.1 for Q1 2026 at Biote, down from -$0.19 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of -$0.19 in Q4 2025 to a low of -$3.09 in Q4 2023.
- Historically, Debt to Equity has averaged -$1.58 across 5 years, with a median of -$1.58 in 2023.
- The sharpest annual moves came in 2022 and 2025: Debt to Equity sank 122.66% in 2022, then soared 81.72% in 2025.
- A 5-year view of Debt to Equity shows it stood at -$2.03 in 2022, then slumped by 52.1% to -$3.09 in 2023, then soared by 65.96% to -$1.05 in 2024, then jumped by 81.72% to -$0.19 in 2025, then plunged by 992.4% to -$2.1 in 2026.
- The last three Debt to Equity figures came in at -$2.1 (Q1 2026), -$0.19 (Q4 2025), and -$1.58 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | -16.13 |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 2.74 |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | -22.31 |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 0.78 |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 0.06 |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 0.63 |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 0.51 |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 0.11 |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 0.05 |
| 10 | Biote | 67.42 Mn | 70.24 Mn | 30.95 Mn | -2.10 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.10 |
| Dec 31, 2025 | -0.19 |
| Sep 30, 2025 | -1.58 |
| Jun 30, 2025 | -1.33 |
| Mar 31, 2025 | -1.25 |
| Dec 31, 2024 | -1.05 |
| Sep 30, 2024 | -0.86 |
| Jun 30, 2024 | -0.78 |
| Mar 31, 2024 | -2.36 |
| Dec 31, 2023 | -3.09 |
| Sep 30, 2023 | -2.23 |
| Jun 30, 2023 | -1.58 |
| Mar 31, 2023 | -1.40 |
| Dec 31, 2022 | -2.03 |
| Sep 30, 2022 | -1.69 |
| Jun 30, 2022 | -1.70 |
| Dec 31, 2021 | 8.96 |