BrightSpring Health Services, Inc. Tangible Equity Unit

BrightSpring Health Services, Inc. Tangible Equity Unit

BTSGU
BrightSpring Health Services, Inc. Tangible Equity UnitUS flagNASDAQ Global Select
199.90
USD
+1.21
- -
11.74BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
3.84
4.12
4.53
4.41
3.42
9.46
9.76
10.37
Tangible Book Value per Share
- -
-10.63
-12.04
-17.49
-16.34
-16.97
-7.53
-6.39
-5.07
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
2,536
4,525
5,580
6,698
7,721
7,691
10,072
12,911
14,372
Operating Margin (%)
2.51
1.4
2.96
3.5
2.96
0.76
1.07
2.29
3.12
Depreciation Expense
81
155
182
199
204
202
204
164
161
Net Income, GAAP
-8
-72
21
50
-54
-155
-18
191
366
Effective Tax Rate (%)
- -
- -
19.39
25.56
- -
- -
- -
24.03
16.11
Profit Margin (%)
-0.3
-1.6
0.37
0.74
-0.7
-2.01
-0.18
1.48
2.55
Working Capital
- -
249
548
288
412
208
465
1,045
914
LT Debt
- -
2,354
2,883
3,645
3,569
3,556
2,698
2,605
2,295
Total Equity
- -
710
735
800
784
613
1,652
1,886
2,058
Return on Invested Capital (%)
- -
- -
3.87
4.2
- -
- -
- -
5.03
8.43
Return on Capital (%)
- -
- -
3.86
4.14
- -
- -
- -
6.9
11.1
Return on Common Equity (%)
- -
-22.04
3.06
6.73
-7.05
-23.08
-1.62
10.82
19.3

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
102
105
93
LT Borrowings
2,455
2,445
2,149
LT Finance Leases
150
150
145
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
192
193
198
Market Capitalization
24,248
27,444
45,220

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,894
2,689
2,470
Cash, Cash Equivalents & STI
88
889
550
Accounts Receivable, Net
990
1,114
1,139
Inventories
815
560
575
Total Current Liabilities
1,849
1,548
1,556
Payables & Accruals
1,444
1,330
1,335
ST Debt
102
105
93
Deferred Revenue
9
9
13

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
33.75%
14.22%
Free Cash Flow
- -
-265.58%
-790.75%
Net Income, GAAP
- -
-225.22%
-1,155.62%
Sales/Revenue/Turnover
- -
18.81%
28.18%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,286
2,438
2,601
3,053
10,072
2025
2,878
3,148
3,334
3,551
12,911
2026
3,614
3,873
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jon Rousseau
Full Time Employees
23,500
Sector
Healthcare
Industry
Medical - Healthcare Information Services
Address
805 North Whittington Parkway Louisville KY United States of America 40222
IPO Date
Jan 26, 2024
Business
BrightSpring Health Services, Inc. operates as a leading provider of comprehensive home and community-based health services and pharmacy solutions for complex populations in the United States. Founded in 1974 and headquartered in Louisville, Kentucky, the company delivers a diversified platform of services that include home health care, hospice, personal care, rehabilitation services (physical, speech, and occupational therapy), behavioral health (including autism and intellectual/developmental disability services), neuro therapy, and primary care. Its pharmacy solutions encompass specialty pharmacy, infusion therapy, long-term care pharmacy, hospital pharmacy, and pharmacy management services, addressing critical needs such as oncology, autoimmune illnesses, infections, and pain management. BrightSpring supports clients across Medicare, Medicaid, and commercially insured populations, serving over 350,000 individuals daily with a workforce exceeding 37,000 employees operating nationwide. Recent strategic developments for BrightSpring include multiple tuck-in acquisitions effective in 2024 that expand its geographic reach and service capabilities. These acquisitions involve a home-based primary care group in Arkansas, an institutional special needs health plan covering Kentucky and Tennessee, and a home and community pharmacy in Texas, complementing existing operations in Texas and Oklahoma. The company is also divesting its Community Living Business in 2025 to focus more synergistically on home health, hospice, personal care, rehabilitation, primary care, and specialty pharmacy services, aiming to enhance revenue growth and operational efficiencies. Additionally, BrightSpring continues to innovate through investments in technology such as electronic health records, telehealth, data analytics, and smart home monitoring to improve care delivery outcomes. BrightSpring operates through two primary segments: Pharmacy Solutions and Provider Services. The Pharmacy Solutions segment includes infusion and specialty pharmacy alongside home and community pharmacy operations. The Provider Services segment comprises home health care, hospice, personal care, primary care, behavioral health, and rehabilitation services. It primarily targets medically complex and high-need populations requiring specialized or chronic care in home and community settings across all 50 states. The company pursues growth through acquisitions, mergers, and expanding integrated care offerings. Its latest changes reflect a strategic focus on optimizing and expanding core service lines while divesting non-core businesses to strengthen financial performance and service impact. BrightSpring Health Services is publicly traded under the ticker BTSGU and continues to lead innovations in home and community-based healthcare with an emphasis on quality outcomes, supportive and clinical care, and pharmacy management tailored to complex populations.

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