BrightSpring Health Services (BTSG) Debt Ratio (2023 - 2026)
BrightSpring Health Services' (BTSG) Debt Ratio stood at 0.35 in Q3 2026, down 16.3% from 0.42 a year earlier and down 4.9% from the prior quarter.
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Analysis
BrightSpring Health Services (BTSG) Debt Ratio (2023 - 2026) Analysis & Trends
For FY2025, BrightSpring Health Services' Debt Ratio came in at 0.39, down 11.2% from FY2024.
- Across earlier years, Debt Ratio came in at 0.44 in FY2024 (-27.6%) and 0.61 in FY2023.
- The Q3 2026 figure is the lowest quarterly Debt Ratio in data going back to Q4 2023.
- On a year-over-year basis, Debt Ratio has declined for eight consecutive quarters, with an average decline of 12.4% over the last eight quarters.
- Over the past five years, the year-over-year decline in Debt Ratio ranged from 4.2% (Q1 2025) to 27.6% (Q4 2024).
- Per Business Quant, the preceding three quarters came in at 0.37 (Q2 2026), 0.40 (Q1 2026) and 0.39 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | 0.80 |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | 0.03 |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 0.31 |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 0.32 |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 0.42 |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | - |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 0.35 |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | - |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 0.34 |
| 10 | Davita | 12.21 Bn | 9.59 Bn | 1.13 Bn | 0.60 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.35 |
| Jun 30, 2026 | 0.37 |
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.39 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.44 |
| Sep 30, 2024 | 0.46 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.61 |
API Access
BrightSpring Health Services Debt Ratio 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=debt-ratio&ticker=BTSG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "BTSG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=BTSG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();