Is the business good?
How good a business is BTSG?
BrightSpring Health Services, Inc. earns 9.6% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
9.6%
Return on invested capital · cost of capital 9.0% · 0.59 points above what the capital costs: growth creates value
- Operating margin
- 3.1%
Operating margin · Health Information Services median 2.3% · 12 months to Q2 2026
- Cash conversion
- 1.10×
Cash conversion · 2.92× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- +1.8%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2022 | 2.4% |
| FY2023 | 0.76% |
| FY2024 | 1.1% |
| FY2025 | 2.3% |
Details›
- Gross margin12 months to Q2 2026
- 12%
- Operating margin12 months to Q2 2026
- 3.1%
- Net margin12 months to Q2 2026
- 2.5%
- Free cash flow margin
- 2.8%
- Revenue, trailing twelve months
- $14.4B
- Free cash flow, trailing twelve months
- $402M
- Net income, trailing twelve months
- $366M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 9.6%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Health Information Services
Ranks #9 of 14 by Smart Score