BrightSpring Health Services (BTSG) Net Margin (2023 - 2026)
BrightSpring Health Services' Net Margin came in at 2.18% for Q2 2026, up 1.28 percentage points from 0.90% a year earlier but down 1.94 percentage points from the prior quarter.
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Analysis
BrightSpring Health Services (BTSG) Net Margin (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, BrightSpring Health Services reported Net Margin of 2.55%, up 1.97 percentage points year-over-year; for FY2025, it came in at 1.48%, up 1.66 percentage points from FY2024.
- Net Margin carries a three-year change of +2.18 percentage points (FY2022 to FY2025).
- Going back by year, Net Margin was -0.18% in FY2024 (+1.83 pp), -2.01% in FY2023 (-1.31 pp) and -0.70% in FY2022.
- The five-year range for quarterly Net Margin is -5.79% (Q3 2023) to 4.12% (Q1 2026).
- Year-over-year, Net Margin has increased for nine consecutive quarters, with an average year-over-year change of +2.21 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q3 2024 (a gain of 5.47 percentage points), and the weakest in Q1 2024 (a drop of 0.95 percentage points).
- Business Quant data shows BTSG's Net Margin at 4.12% (Q1 2026), 2.17% (Q4 2025) and 1.67% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 100.51 Bn | 96.52 Bn | - | 8.40% |
| 2 | Natera | 57.27 Bn | 52.95 Bn | 485.19 Mn | -8.90% |
| 3 | Quest Diagnostics | 26.09 Bn | 24.22 Bn | 1.03 Bn | 10.52% |
| 4 | Labcorp Holdings | 26.08 Bn | 23.83 Bn | 1.11 Bn | 8.01% |
| 5 | Tenet Healthcare | 22.29 Bn | 11.30 Bn | - | 14.68% |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn | -35.87% |
| 7 | Fresenius Medical Care AG | 12.78 Bn | 4.73 Bn | 1.52 Bn | 4.49% |
| 8 | BrightSpring Health Services | 12.65 Bn | 10.98 Bn | 492.75 Mn | 2.18% |
| 9 | Davita | 12.13 Bn | 9.34 Bn | 1.16 Bn | 7.47% |
| 10 | Encompass Health | 12.05 Bn | 11.71 Bn | - | 9.63% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.18% |
| Mar 31, 2026 | 4.12% |
| Dec 31, 2025 | 2.17% |
| Sep 30, 2025 | 1.67% |
| Jun 30, 2025 | 0.90% |
| Mar 31, 2025 | 1.03% |
| Dec 31, 2024 | 0.58% |
| Sep 30, 2024 | -0.32% |
| Jun 30, 2024 | 0.82% |
| Mar 31, 2024 | -2.00% |
| Dec 31, 2023 | -0.53% |
| Sep 30, 2023 | -5.79% |
| Jun 30, 2023 | 0.18% |
| Mar 31, 2023 | -1.05% |
API Access
BrightSpring Health Services Net 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=net-margin&ticker=BTSG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=BTSG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();