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
DateValue
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