Fundamentals Hub
▼ FY 2025 Summary Analysis
Annual report ending Dec 31, 2025Overview and Growth
Fiscal 2025 results for BrightSpring Health Services, Inc. combined $12.91B of revenue with net income of $190.67M and an operating cash inflow of $490.17M. Revenue of $12.91B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 28.2% above fiscal 2024 revenue of $10.07B, marking a year-over-year increase. The company reported diluted EPS of $0.87, adding a shareholder-level measure to the absolute income figures considered below. Revenue equaled 2.01x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.Profitability
Gross profit was $1.52B, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 11.8% of revenue, showing how much of the top line remained after direct costs. Operations produced $295.25M of income after the reported operating expense base, before the remaining non-operating and tax effects. Operating margin measured 2.3%, showing the portion of revenue preserved after the full set of operating costs. Net income came to $190.67M, completing the progression from revenue through gross and operating profitability to the final reported result. Net margin was 1.5%, meaning that this portion of revenue remained as net income after all recognized expenses. The earnings statement records $137.94M of pretax income, the profit base against which the reported tax provision can be assessed. The pretax margin was 1.1%, relating income before taxes directly to revenue. Income tax expense totaled $33.15M, providing the reported tax component that separates pretax and after-tax earnings. The income-tax provision equaled 24.0% of pretax income, showing the tax burden absorbed by the year’s earnings.Liquidity and Capital Structure
At period end, the $6.41B asset base was financed through $4.53B of liabilities and $1.88B of equity. Current assets were $2.89B against $1.85B of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 1.57x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Cash and equivalents totaled $88.37M, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 4.8% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Total debt was $2.51B, establishing the amount of borrowing carried within the company’s capital structure. Debt equaled 1.34x of book equity, describing the relative scale of borrowing and shareholder capital. The debt-to-assets relationship was 39.1%, comparing borrowing with the total asset balance. Liabilities represented 70.6% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 1.4%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 8.2% from $5.93B in fiscal 2024, leaving current total assets higher year over year.Cash Flow and Earnings Quality
The company reported $490.17M of operating cash flow, a cash inflow that shows the cash generated by operations. Against net income, operating cash flow measured 2.57x, showing the relationship between accrual earnings and operating cash. Capital spending was $95.48M, absorbing part of the cash generated from operations before free cash flow. Capital expenditures represented 19.5% of operating cash flow, leaving the remainder available as free cash flow. The combination of operating cash flow and capital spending produced $394.69M of positive free cash flow for the period. The free-cash-flow margin was 3.1%, measuring cash remaining after capital spending against revenue. Free cash flow equaled 6.2% of total assets, relating post-investment cash generation to the company’s resource base.
Based on the annual report for the fiscal year ending Dec 31, 2025.
Analysis generated .