BrightSpring Health Services, Inc. Common Stock

BrightSpring Health Services, Inc. Common Stock

BTSGยทNASDAQ

$60.88

+2.6%
HealthcareMedical - Healthcare Information Services

BrightSpring Health Services, Inc. operates a home and community-based healthcare services platform in the United States. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations. It serves patients through clinical providers and pharmacists. BrightSpring Health Services, Inc. was formerly known as Phoenix Parent Holdings Inc. and changed its name to BrightSpring Health Services, Inc. in May 2021. The company was founded in 1974 and is based in Louisville, Kentucky.

At a Glance

Live Snapshot
Market Cap$11.81B
EPS0.9400
P/E Ratio64.77
Earnings Date07/31/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 64.8).

Valuation inputs: P/E 64.8, earnings yield +1.5%, momentum +2.6%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +10.2%, ROIC +6.6%).

Profitability stack: net margin +1.5%, ROE +10.2%, ROIC +6.6%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +70.6%, momentum +2.6%, net margin +1.5%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

btsg

BrightSpring Health Services, Inc. Common Stock Market vs Earnings Trajectory

BTSG ยท NASDAQ

Loading price and EPS data...

BrightSpring Health Services, Inc. Common Stock

BrightSpring Health Services, Inc. Common Stock Fair Value Envelope

BTSG ยท NASDAQ

Our analysis suggests that BTSG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $60.88, this represents a potential HIDDEN relative to our calculated worth for BrightSpring Health Services, Inc. Common Stock.

Intrinsic Value
Current Price: $60.88
3Y-403.0%
5Y+683.0%
10Y-2212.0%
3Y+67.0%
5Y+131.0%
10Y+409.0%
3Y-454.0%
5Y+816.0%
10Y-2602.0%
3Y-10634.0%
5Y+120.0%
10Y+554.0%
3Y-628.0%
5Y+131.0%
10Y+845.0%
3Y+18.0%
5Y+41.0%
10Y+68.0%
BrightSpring Health Services, Inc. Common Stock

BrightSpring Health Services, Inc. Common Stock Profit Bridge

BTSG ยท NASDAQ
Revenue12.91B
Cost of Goods Sold (11.39B)
Gross Profit1.52B
Operating Expenses (1.11B)
Operating Income408.06M
Interest Expense (157.31M)
Other Income/Expense-270.12M
Pretax Income137.94M
Income Tax (33.15M)
Net Income190.67M
Net Income
190.67M

Profitability Analysis

Gross Margin

11.8%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

3.2%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

1.5%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

24.0%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

11.76%
Gross Profit Margin
-17%
3Y-33.0%
5Y-37.0%
10Y-21.0%
3.16%
Operating Profit Margin
73%
3Y+30.0%
5Y+7.0%
10Y+7.0%
1.48%
Net Profit Margin
-1021%
3Y-312.0%
5Y+296.0%
10Y-591.0%
10.17%
Return on Equity
-1028%
3Y-242.0%
5Y+244.0%
10Y-
2.97%
Return on Assets
-1075%
3Y-400.0%
5Y+549.0%
10Y-
6.64%
Return on Invested Capital
152%
3Y+63.0%
5Y+94.0%
10Y-
BTSG

BrightSpring Health Services, Inc. Common Stock Cash Conversion Engine

BTSG ยท NASDAQ
Net Income190.67M
Depreciation & Amortization164.28M
Stock-Based Compensation70.10M
Change in Working Capital-18.54M
Others83.67M
Capital Expenditures-95.48M
Free Cash Flow394.69M

Cash Flow Quality Analysis

FCF Conversion Rate

207.0%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

19.5%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+790.7%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$18.54M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

btsg

BrightSpring Health Services, Inc. Common Stock Funding & Solvency Profile

BTSG ยท NASDAQ
Cash & Cash Equivalents888.80M
Net Receivables1.11B
Inventory560.17M
Other Current Assets126.81M
Total Current Assets3 B
Property, Plant & Equipment375.22M
Goodwill & Intangible Assets3.07B
Long-Term Investments0.00
Other Non-Current Assets78.35M
Total Non-Current Assets454 M
Total Assets
6.21B

Financial Health Analysis

Current Ratio

1.74x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

2.12x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

1 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

43% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

btsg

BrightSpring Health Services, Inc. Common Stock Street Expectations Map

BTSG ยท NASDAQ

Wall Street analysts project that BTSG stock may see slight declines over the coming 12 months. The consensus 1-year price target stands at 59.40, with estimates ranging from a low of 45.00 to a high of 71.00.

Lowest Target
45.00
-26.08%
Consensus Target
59.40
-2.43%
Highest Target
71.00
16.62%

The consensus 1-year price target stands at 59.40, with estimates ranging from a low of 45.00 to a high of 71.00.

Analyst Consensus Analysis

Upside Potential

-2.4%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

43.8% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Risk-Reward Profile

0.64x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

btsg

BrightSpring Health Services, Inc. Common Stock Insider Positioning

BTSG ยท NASDAQ

During the last 12 months, insiders have sold $3.15B worth of BTSG shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

39.7M

1.63B

Net Activity

-1.6B

-$1.63B

6-9 Months

Bought

0

0.00

Sold

29.7M

856.12M

Net Activity

-856.1M

-$856.12M

9-12 Months

Bought

0

0.00

Sold

31.5M

666.46M

Net Activity

-666.5M

-$666.46M

Top Buyers

No buying activity

Top Sellers

1
KGPL

Kkr Group Partnership L.P.

10 Percent Owner

49.8M sharesโ€ข4 transactions

$1.56B

2
KPAL

Kkr Phoenix Aggregator L.P.

10 Percent Owner

49.8M sharesโ€ข4 transactions

$1.56B

3
RJB

Rousseau Jon B

Director, Officer: See Remarks

986.8K sharesโ€ข3 transactions

$27.38M

4
MMA

Mcmaude Michael A

Officer: See Remarks

119.3K sharesโ€ข1 transactions

$2.59M

5
NLA

Nalley Lisa A

Officer: See Remarks

64.4K sharesโ€ข3 transactions

$2.12M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $3.15B net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

No Dividend Yield Data

BTSG has not reported any dividend yield values in the available annual periods.

ย 

btsg Dividend History

BTSG
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%