SBC Medical Group Holdings Inc key statistics and ratios

In fiscal 2025, SBC Medical Group Holdings Inc had return on equity of 23.0%, an operating margin of 38.9%, debt equal to 17.3% of equity and a current ratio of 3.78. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

SBC Medical Group Holdings Inc: financial ratios, annual
Fiscal year	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Gross margin	70.9%	76.0%	73.3%	71.9%
Operating margin	36.5%	34.2%	38.9%	37.3%
Net margin	20.3%	22.7%	29.4%	28.0%
Free-cash-flow margin	21.8%	8.8%	13.4%	35.3%
Return on equity	27.7%	27.6%	23.0%	19.1%
Return on assets	15.2%	17.8%	15.8%	12.5%
Asset turnover	0.75	0.78	0.54	0.45
Current ratio	1.79	3.01	3.78	3.31
Debt to equity	11.5%	3.4%	17.3%	14.3%
Interest cover (operating income ÷ interest)	—	—	—	194.9x
Effective tax rate	47.6%	36.4%	37.8%	33.5%
SG&A as % of revenue	34.2%	28.1%	34.4%	34.5%
Capital spending as % of revenue	4.4%	1.2%	0.8%	0.6%
Free cash flow ÷ net income	107.0%	38.7%	45.6%	126.0%
Dividends and buybacks ÷ free cash flow	—	0.0%	21.5%	—

US$ thousands unless shown otherwise. Fiscal quarters.

SBC Medical Group Holdings Inc: financial ratios, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Gross margin	81.5%	76.3%	79.7%	69.2%	70.6%	73.1%	70.5%	73.1%
Operating margin	26.1%	10.6%	51.1%	33.6%	36.6%	32.5%	41.2%	38.5%
Net margin	5.3%	14.7%	45.4%	5.7%	29.6%	35.9%	26.3%	21.7%
Free-cash-flow margin	8.7%	−17.8%	3.5%	−19.9%	−48.3%	129.3%	21.1%	45.6%
Current ratio	2.79	3.01	4.44	3.98	5.10	3.78	3.82	3.31
Debt to equity	0.4%	3.5%	3.1%	3.0%	8.6%	17.3%	15.9%	14.4%
SG&A as % of revenue	31.3%	31.2%	28.6%	35.6%	34.0%	40.6%	29.3%	34.6%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

6 of 6 checks passed · June 30, 2026

What it owns · $407m

Short-term assets $259mLonger-term assets $147m

What it owes, and who funded it · $391m

Short-term liabilities $78mLonger-term liabilities $48mShareholders' equity $264m

Short-term assets cover short-term liabilities $259m of assets due within a year against $78m of liabilities due within a year.
Short-term assets cover long-term liabilities $259m short-term assets against $48m of longer-dated liabilities.
More cash than debt $184m of cash against $38m of debt.
Debt below 40% of shareholders' equity Debt is 14% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt $63m of operating cash flow against $38m of debt.
Operating profit covers interest at least five times over Operating income of $65m against $335,571 of interest.

From SBC Medical Group Holdings Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from SBC Medical Group Holdings Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to SBC Medical Group Holdings Inc.