BFAMBright Horizons Family Solutions Inc.

$74.46

Is it safe?

Can BFAM take a bad year?

Bright Horizons Family Solutions Inc. carries $950M of net debt at 2.31× EBITDA: a load its earnings can carry.

$950M

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.31×

Net debt / EBITDA · 2.18× a year ago · the load is going up

Altman Z-score
2.05

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
6.83×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ1 2026
$1.08B
Cash and short-term investments
$133M
Net debt
$950M
EBITDA, trailing twelve months
$412M
Operating profit, trailing twelve months
$317M
Debt / equity
0.95×
Total debt / EBITDA
2.63×
Annualised volatilitytwo years of daily moves
39%
Worst drawdown on file
−69%
Below its 52-week high
−40%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.