BrightSpring Health Services (BTSG) FCF Margin (2023 - 2026)
BrightSpring Health Services' FCF Margin was 0.38% in Q2 2026, down 0.40 percentage points from 0.78% a year earlier and down 2.42 percentage points from the prior quarter.
BrightSpring Health Services (BTSG) FCF Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, BrightSpring Health Services' FCF Margin was 2.80% through Jun 30, 2026, up 1.12 percentage points year-over-year; for FY2025, it came in at 3.06%, up 3.62 percentage points from FY2024.
- FCF Margin shows a three-year change of +4.03 percentage points (FY2022 to FY2025).
- In earlier years, FCF Margin was -0.57% in FY2024 (-2.35 pp), 1.78% in FY2023 (+2.75 pp) and -0.97% in FY2022.
- The Q2 2026 figure marks the lowest quarterly FCF Margin since Q3 2024.
- Compared with a year earlier, FCF Margin was higher in four of the last eight quarters, with an average year-over-year change of +0.62 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q1 2025 (a gain of 7.32 percentage points); the worst was Q4 2024 (a drop of 9.00 percentage points).
- Per Business Quant data, BTSG's FCF Margin in the three quarters before Q2 2026 was 2.81% (Q1 2026), 5.46% (Q4 2025) and 2.76% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 5.46% |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -1.15% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 15.08% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 8.41% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -20.76% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 7.41% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | -3.57% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 3.90% |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 9.01% |
| 10 | BrightSpring Health Services | 11.17 Bn | 9.51 Bn | 492.75 Mn | 0.38% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38% |
| Mar 31, 2026 | 2.81% |
| Dec 31, 2025 | 5.46% |
| Sep 30, 2025 | 2.76% |
| Jun 30, 2025 | 0.78% |
| Mar 31, 2025 | 2.92% |
| Dec 31, 2024 | 2.74% |
| Sep 30, 2024 | 0.28% |
| Jun 30, 2024 | -1.60% |
| Mar 31, 2024 | -4.40% |
| Dec 31, 2023 | 11.75% |
| Sep 30, 2023 | 0.70% |
| Jun 30, 2023 | -2.13% |
| Mar 31, 2023 | 1.09% |
BrightSpring Health Services FCF 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=fcf-margin&ticker=BTSG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=BTSG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();