Biote (BTMD) FCF Margin (2021 - 2026)

Biote (BTMD) recorded quarterly FCF Margin of 6.89% in Q1 2026, down 50.75% quarter-over-quarter from 13.99% in Q4 2025, and down 298.0% on a YoY basis from 3.48% in Q1 2025.

Biote (BTMD) FCF Margin (2021 - 2026) Analysis & Trends

Biote's FCF Margin history runs 6 years deep, the most recent figure standing at 6.89% for Q1 2026.

  • In Q1 2026, FCF Margin fell 298.0% year-over-year to 6.89%; the TTM figure through Mar 2026 stood at 15.11% (down 640.0% YoY), while the FY2025 annual figure was 15.7%, down 698.0% from the prior year.
  • FCF Margin was 6.89% for Q1 2026 at Biote, down from 13.99% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 29.45% in Q3 2024 to a low of 69.34% in Q2 2022.
  • Historically, FCF Margin has averaged 11.21% across 5 years, with a median of 13.99% in 2025.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin slumped 12098 bps in 2022, then surged 8310 bps in 2023.
  • A 5-year view of FCF Margin shows it stood at 13.59% in 2022, then declined by 18 bps to 11.2% in 2023, then jumped by 132 bps to 26.0% in 2024, then plunged by 46 bps to 13.99% in 2025, then plunged by 51 bps to 6.89% in 2026.
  • The last three FCF Margin figures came in at 6.89% (Q1 2026), 13.99% (Q4 2025), and 28.3% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 4.68%
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 27.22%
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 6.41%
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 9.50%
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 6.49%
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 4.10%
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 7,234.71%
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 10.81%
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 10.55%
10 Biote 67.42 Mn 70.24 Mn 30.95 Mn 6.89%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.89%
Dec 31, 2025 13.99%
Sep 30, 2025 28.30%
Jun 30, 2025 10.80%
Mar 31, 2025 9.87%
Dec 31, 2024 26.00%
Sep 30, 2024 29.45%
Jun 30, 2024 20.25%
Mar 31, 2024 14.25%
Dec 31, 2023 11.20%
Sep 30, 2023 -0.65%
Jun 30, 2023 13.76%
Mar 31, 2023 28.83%
Dec 31, 2022 13.59%
Sep 30, 2022 15.23%
Jun 30, 2022 -69.34%
Mar 31, 2022 18.17%
Dec 31, 2021 25.86%
Sep 30, 2021 15.06%
Jun 30, 2021 51.64%