Biote (BTMD) EV to EBITDA (2022 - 2026)
Biote's (BTMD) EV to EBITDA was 3.99 for Q2 2026, down 22.0% from 5.11 a year earlier but up 117.7% from the prior quarter.
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Analysis
Biote (BTMD) EV to EBITDA (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Biote's EV to EBITDA came in at 0.90, down 56.5% year-over-year; for FY2025, it was 2.46, down 73.4% from FY2024.
- By year, EV to EBITDA came in at 9.24 in FY2024 (-29.5%), 13.09 in FY2023 and 8.56 in FY2021.
- Five-year quarterly EV to EBITDA spans a low of 1.83 in Q1 2026 and a high of 18.90 in Q2 2023.
- Year over year, EV to EBITDA has now declined in each of the last nine quarters, with an average decline of 50.3% over the last eight quarters.
- The year-over-year decline in EV to EBITDA has ranged between 22.0% (Q2 2026) and 73.4% (Q4 2025) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.83 (Q1 2026), 2.46 (Q4 2025) and 3.60 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 102.67 Bn | 98.68 Bn | - |
| 2 | Natera | 57.42 Bn | 53.11 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 27.06 Bn | 25.19 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 26.94 Bn | 24.68 Bn | 1.11 Bn |
| 5 | Tenet Healthcare | 22.62 Bn | 11.62 Bn | - |
| 6 | Guardant Health | 21.58 Bn | 17.64 Bn | 219.03 Mn |
| 7 | Fresenius Medical Care AG | 12.91 Bn | 4.86 Bn | 1.52 Bn |
| 8 | BrightSpring Health Services | 12.52 Bn | 10.85 Bn | 492.75 Mn |
| 9 | Encompass Health | 12.42 Bn | 12.08 Bn | - |
| 10 | Biote | 32.06 Mn | -36.60 Mn | 28.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.74 |
| Mar 31, 2026 | 0.53 |
| Dec 31, 2025 | 0.80 |
| Sep 30, 2025 | 3.51 |
| Jun 30, 2025 | 5.01 |
| Mar 31, 2025 | 4.07 |
| Dec 31, 2024 | 9.03 |
| Sep 30, 2024 | 7.38 |
| Jun 30, 2024 | 11.94 |
| Mar 31, 2024 | 13.10 |
| Dec 31, 2023 | 12.77 |
| Sep 30, 2023 | 12.73 |
| Jun 30, 2023 | 18.45 |
| Mar 31, 2022 | 9.98 |
API Access
Biote EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=BTMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "BTMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=BTMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();