BrightSpring Health Services (BTSG) FCF Margin (2023 - 2026)
BrightSpring Health Services (BTSG) posted FCF Margin of 2.81% for Q1 2026, down 64.75% on a QoQ basis from 7.96% in Q4 2025, and down 11.0% year-over-year from 3.15% in Q1 2025.
BrightSpring Health Services (BTSG) FCF Margin (2023 - 2026) Analysis & Trends
BrightSpring Health Services' FCF Margin history runs 4 years deep, the most recent figure standing at 2.81% for Q1 2026.
- Quarterly FCF Margin fell 11.0% year-over-year to 2.81% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.67% (up 267.0% YoY) and the FY2025 annual result came in at 3.74%, up 431.0% from the prior year.
- FCF Margin was 2.81% for Q1 2026 at BrightSpring Health Services, down from 7.96% in the prior quarter.
- Across five years, FCF Margin topped out at 7.97% in Q4 2023 and bottomed at 3.49% in Q1 2024.
- A 4-year average of 1.87% and a median of 1.82% in 2023 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2024 — FCF Margin tumbled 748 bps — and 2025, when it soared 748 bps.
- BrightSpring Health Services' FCF Margin stood at 7.97% in 2023, then sank by 94 bps to 0.48% in 2024, then jumped by 1545 bps to 7.96% in 2025, then sank by 65 bps to 2.81% in 2026.
- Business Quant data shows BTSG's FCF Margin at 2.81% in Q1 2026, 7.96% in Q4 2025, and 1.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 127.46% |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 2.81% |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 23.01% |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | 17.24% |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 23.59% |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -27.00% |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 22.17% |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 79.91% |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | -8.03% |
| 10 | Omnicell | 1.81 Bn | 1.57 Bn | 140.36 Mn | 18.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.81% |
| Dec 31, 2025 | 7.96% |
| Sep 30, 2025 | 1.63% |
| Jun 30, 2025 | 1.99% |
| Mar 31, 2025 | 2.92% |
| Dec 31, 2024 | 0.48% |
| Sep 30, 2024 | 2.66% |
| Jun 30, 2024 | -2.45% |
| Mar 31, 2024 | -3.49% |
| Dec 31, 2023 | 7.97% |
| Sep 30, 2023 | 1.53% |
| Jun 30, 2023 | -1.52% |
| Mar 31, 2023 | 1.82% |