BrightSpring Health Services, Inc. Common Stock (BTSG) - Net Assets
Based on the latest financial reports, BrightSpring Health Services, Inc. Common Stock (BTSG) has net assets worth $1.89 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.41 Billion) and total liabilities ($4.53 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read BTSG liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.89 Billion |
| % of Total Assets | 29.41% |
| Annual Growth Rate | 17.68% |
| 5-Year Change | 135.66% |
| 10-Year Change | N/A |
| Growth Volatility | 64.03 |
BrightSpring Health Services, Inc. Common Stock - Net Assets Trend (2019–2025)
This chart illustrates how BrightSpring Health Services, Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. Also explore BrightSpring Health Services, Inc. Commo (BTSG) total assets for the complete picture of this company's asset base.
Annual Net Assets for BrightSpring Health Services, Inc. Common Stock (2019–2025)
The table below shows the annual net assets of BrightSpring Health Services, Inc. Common Stock from 2019 to 2025. For live valuation and market cap data, see BTSG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.89 Billion | +14.22% |
| 2024-12-31 | $1.65 Billion | +169.62% |
| 2023-12-31 | $612.55 Million | -21.88% |
| 2022-12-31 | $784.08 Million | -2.05% |
| 2021-12-31 | $800.46 Million | +8.85% |
| 2020-12-31 | $735.38 Million | +3.54% |
| 2019-12-31 | $710.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BrightSpring Health Services, Inc. Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1963700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.92 Million | 0.10% |
| Other Comprehensive Income | $-6.69 Million | -0.36% |
| Other Components | $1.95 Billion | 104.24% |
| Total Equity | $1.88 Billion | 100.00% |
BrightSpring Health Services, Inc. Common Stock Competitors by Market Cap
The table below lists competitors of BrightSpring Health Services, Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vanguard International Semiconductor
TWO:5347
|
$8.82 Billion |
|
MITSUIO.S.K.LINES ADR/1/2
F:MIL
|
$8.83 Billion |
|
DiGi.Com Bhd
KLSE:6947
|
$8.84 Billion |
|
Fortune Electric Co Ltd
TW:1519
|
$8.84 Billion |
|
Campbell’s Co
NYSE:CPB
|
$8.81 Billion |
|
Primoris Services Corporation
NYSE:PRIM
|
$8.79 Billion |
|
Zions Bancorporation
NASDAQ:ZION
|
$8.79 Billion |
|
AZUL SA PFD ADR 1
F:8AZA
|
$8.79 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BrightSpring Health Services, Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,647,855,000 to 1,875,065,000, a change of 227,210,000 (13.8%).
- Net income of 190,666,000 contributed positively to equity growth.
- Share repurchases of 43,173,000 reduced equity.
- Other comprehensive income decreased equity by 8,109,000.
- Other factors increased equity by 87,826,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $190.67 Million | +10.17% |
| Share Repurchases | $43.17 Million | -2.3% |
| Other Comprehensive Income | $-8.11 Million | -0.43% |
| Other Changes | $87.83 Million | +4.68% |
| Total Change | $- | 13.79% |
Book Value vs Market Value Analysis
This analysis compares BrightSpring Health Services, Inc. Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.16x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 13.70x to 6.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $3.84 | $52.58 | x |
| 2020-12-31 | $4.12 | $52.58 | x |
| 2021-12-31 | $4.53 | $52.58 | x |
| 2022-12-31 | $4.41 | $52.58 | x |
| 2023-12-31 | $3.42 | $52.58 | x |
| 2024-12-31 | $8.54 | $52.58 | x |
| 2025-12-31 | $8.53 | $52.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BrightSpring Health Services, Inc. Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.48%
- • Asset Turnover: 2.01x
- • Equity Multiplier: 3.42x
- Recent ROE (10.17%) is above the historical average (-3.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -11.02% | -1.60% | 1.19x | 5.81x | $-138.07 Million |
| 2020 | 2.95% | 0.37% | 1.23x | 6.44x | $-49.69 Million |
| 2021 | 6.43% | 0.74% | 1.21x | 7.12x | $-27.68 Million |
| 2022 | -7.14% | -0.70% | 1.42x | 7.21x | $-129.38 Million |
| 2023 | -26.44% | -1.75% | 1.60x | 9.46x | $-213.08 Million |
| 2024 | -1.10% | -0.16% | 1.90x | 3.60x | $-182.85 Million |
| 2025 | 10.17% | 1.48% | 2.01x | 3.42x | $3.16 Million |
Industry Comparison
This section compares BrightSpring Health Services, Inc. Common Stock's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $335,757,170
- Average return on equity (ROE) among peers: -175.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BrightSpring Health Services, Inc. Common Stock (BTSG) | $1.89 Billion | -11.02% | 2.40x | $8.82 Billion |
| Aclarion Inc (ACON) | $2.23 Million | -317.55% | 0.31x | $1.99 Million |
| American Well Corp (AMWL) | $480.19 Million | -140.60% | 0.23x | $90.87 Million |
| Heartbeam Inc (BEAT) | $-26.87 Million | 0.00% | 0.00x | $30.37 Million |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG) | $-3.06 Million | 0.00% | 0.00x | $6.51 Million |
| Carlsmed, Inc. Common Stock (CARL) | $-70.63 Million | 0.00% | 0.00x | $253.42 Million |
| CareCloud Inc. (CCLD) | $101.25 Million | -8.70% | 0.36x | $117.28 Million |
| Certara Inc (CERT) | $492.05 Million | -1.81% | 1.11x | $983.48 Million |
| CareMax Inc (CMAX) | $61.44 Million | -1112.15% | 9.14x | $381.50 |
| Claritev Corporation (CTEV) | $1.99 Billion | 0.49% | 3.21x | $277.75 Million |
About BrightSpring Health Services, Inc. Common Stock
BrightSpring Health Services, Inc. operates as a home and community-based healthcare services platform in the United States. The company operates through two segments, Pharmacy Solutions and Provider Services. Its 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 a… Read more