BrightSpring Health Services (BTSG) EBITDA Margin (2023 - 2026)
BrightSpring Health Services' EBITDA Margin was 4.78% in Q3 2026, up 0.84 percentage points from 3.94% a year earlier and up 0.27 percentage points from the prior quarter.
BrightSpring Health Services (BTSG) EBITDA Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, BrightSpring Health Services' EBITDA Margin was 4.52% through Sep 30, 2026, up 0.95 percentage points year-over-year; for FY2025, it was 3.65%, up 0.42 percentage points from FY2024.
- EBITDA Margin shows a three-year change of -1.69 percentage points (FY2022 to FY2025).
- In earlier years, EBITDA Margin was 3.22% in FY2024 (-0.44 pp), 3.66% in FY2023 (-1.68 pp) and 5.34% in FY2022.
- The Q3 2026 figure marks the highest quarterly EBITDA Margin since Q2 2023.
- Compared with a year earlier, EBITDA Margin has increased for five straight quarters, with an average year-over-year change of +0.83 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q3 2024 (a gain of 3.00 percentage points); the worst was Q1 2024 (a drop of 3.62 percentage points).
- Per Business Quant data, BTSG's EBITDA Margin in the three quarters before Q3 2026 was 4.51% (Q2 2026), 4.52% (Q1 2026) and 4.24% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | 19.86% |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | -5.84% |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 15.36% |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 20.21% |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 35.02% |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | -33.96% |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 4.78% |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | - |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 23.96% |
| 10 | Davita | 12.21 Bn | 9.59 Bn | 1.13 Bn | 18.57% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.78% |
| Jun 30, 2026 | 4.51% |
| Mar 31, 2026 | 4.52% |
| Dec 31, 2025 | 4.24% |
| Sep 30, 2025 | 3.94% |
| Jun 30, 2025 | 2.96% |
| Mar 31, 2025 | 3.32% |
| Dec 31, 2024 | 4.12% |
| Sep 30, 2024 | 3.16% |
| Jun 30, 2024 | 3.74% |
| Mar 31, 2024 | 1.66% |
| Dec 31, 2023 | 2.86% |
| Sep 30, 2023 | 0.16% |
| Jun 30, 2023 | 6.24% |
| Mar 31, 2023 | 5.28% |
BrightSpring Health Services EBITDA Margin 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=ebitda-margin&ticker=BTSG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=BTSG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();