Carlsmed (CARL) Debt Ratio (2024 - 2026)

Carlsmed's (CARL) quarterly Debt Ratio came in at 0.13 in Q1 2026, up 9.69% on a QoQ basis from 0.12 in Q4 2025.

Carlsmed (CARL) Debt Ratio (2024 - 2026) Analysis & Trends

Carlsmed (CARL) has 3 years of Debt Ratio data on file, last reported at 0.13 in Q1 2026.

  • Quarterly Debt Ratio changed N/A year-over-year to 0.13 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.13 (changed N/A YoY) and the FY2025 annual result came in at 0.12, down 60.35% from the prior year.
  • Debt Ratio grew to 0.13 in Q1 2026, from 0.12 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.3 in Q4 2024 to a low of 0.11 in Q3 2025.
  • A 3-year average of 0.19 and a median of 0.13 in 2026 frame the typical range for Debt Ratio.
  • The widest YoY moves for Debt Ratio: up 60.35% in 2025, down 60.35% in 2025.
  • Tracing CARL's Debt Ratio over 3 years: stood at 0.3 in 2024, then sank by 60.35% to 0.12 in 2025, then advanced by 9.69% to 0.13 in 2026.
  • The last three Debt Ratio figures came in at 0.13 (Q1 2026), 0.12 (Q4 2025), and 0.11 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn -
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn 0.37
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 0.29
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn -
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn -
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn -
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 0.25
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn -
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn -
10 Carlsmed 389.87 Mn 276.57 Mn 14.54 Mn 0.13

Historic Data

Download Data
DateValue
Jun 30, 2026 0.13
Mar 31, 2026 0.13
Dec 31, 2025 0.12
Sep 30, 2025 0.11
Jun 30, 2025 0.29
Dec 31, 2024 0.30