Biote (BTMD) EV to FCF (2021 - 2026)
Biote's EV to FCF came in at 3.73 for Q2 2026, down 35.0% from 5.74 a year earlier but up 79.3% from the prior quarter.
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Analysis
Biote (BTMD) EV to FCF (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Biote reported EV to FCF of 0.84, down 63.7% year-over-year; for FY2025, it came in at 3.19, down 61.9% from FY2024.
- Going back by year, EV to FCF was 8.37 in FY2024 (-46.4%), 15.62 in FY2023 and 9.53 in FY2021.
- The five-year range for quarterly EV to FCF is 2.08 (Q1 2026) to 22.76 (Q1 2024).
- Year-over-year, EV to FCF has declined for eight consecutive quarters, with an average decline of 56.1% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q2 2024 (growth of 0.7%), and the weakest in Q1 2025 (a decline of 82.9%).
- Business Quant data shows BTMD's EV to FCF at 2.08 (Q1 2026), 3.19 (Q4 2025) and 3.70 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn |
| 10 | Biote | 49.79 Mn | -11.27 Mn | 28.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.73 |
| Mar 31, 2026 | 2.08 |
| Dec 31, 2025 | 3.19 |
| Sep 30, 2025 | 3.70 |
| Jun 30, 2025 | 5.74 |
| Mar 31, 2025 | 3.90 |
| Dec 31, 2024 | 8.37 |
| Sep 30, 2024 | 8.20 |
| Jun 30, 2024 | 19.46 |
| Mar 31, 2024 | 22.76 |
| Dec 31, 2023 | 15.62 |
| Sep 30, 2023 | 16.65 |
| Jun 30, 2023 | 19.33 |
| Mar 31, 2022 | 8.97 |
| Dec 31, 2021 | 9.24 |
API Access
Biote EV to FCF 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-fcf&ticker=BTMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=BTMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();