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BHC

Bausch Health Companies Inc.

At today's price, Bausch Health Companies Inc. (BHC) is priced for +18.6% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+18.6% growth
Priced In
within-range

Key Takeaways

• Bausch Health is a specialty-pharma company whose equity is a thin sliver atop an enormous debt load, with long-term debt principal near $20 billion against an operating profit a fraction of that size [Source: Bausch Health Q1 2026 results]. • The operating business is actually growing, with first-quarter revenue up 12% to $2.524 billion and adjusted EBITDA up 27% to $837 million, but a $1.4 billion goodwill impairment after a failed Salix trial drove a large net loss [Source: Bausch Health Q1

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Institutional ownership

217 institutional managers reported holding BHC in 13F filings for the quarter ended 2026-03-31. Together they hold about 62% of the company; the top 10 hold 45%. 21 opened new positions that quarter. Held by Vanguard Group, KKR, Goldman Sachs, among others. On the short side, 7.4M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (3.4 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

BHC's share count grew 3.8% over the past five years. It pays no dividend.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at BHC over the trailing three years: 2025: 9 buys totaling $385.25M. 17 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

BHC's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-04-3.0%-10.5%
2023-11-03+6.7%+8.5%
2024-02-23+5.9%-5.0%
2024-05-03-10.6%-7.5%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

BHC's latest 8-K filings: 2026-07-01 (items 5.02, 7.01, 9.01); 2026-05-19 (items 5.07); 2026-04-29 (items 2.02, 9.01); 2026-03-02 (items 5.02); 2026-02-18 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.