Definitive Healthcare (DH) Debt Ratio (2020 - 2026)

Definitive Healthcare (DH) posted Debt Ratio of 0.32 for Q1 2026, up 41.07% on a QoQ basis from 0.22 in Q4 2025, and up 49.39% year-over-year from 0.21 in Q1 2025.

Definitive Healthcare (DH) Debt Ratio (2020 - 2026) Analysis & Trends

Definitive Healthcare's Debt Ratio history runs 7 years deep, the most recent figure standing at 0.32 for Q1 2026.

  • Quarterly Debt Ratio rose 49.39% year-over-year to 0.32 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.32 (up 49.39% YoY) and the FY2025 annual result came in at 0.22, changed 0.42% from the prior year.
  • Debt Ratio was 0.32 for Q1 2026 at Definitive Healthcare, up from 0.22 in the prior quarter.
  • Across five years, Debt Ratio topped out at 373.8 in Q1 2023 and bottomed at 0.12 in Q2 2023.
  • A 5-year average of 22.16 and a median of 0.18 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2023 — Debt Ratio soared 297623.62% — and 2024, when it slumped 99.96%.
  • Definitive Healthcare's Debt Ratio stood at 0.12 in 2022, then rose by 12.71% to 0.14 in 2023, then surged by 58.98% to 0.22 in 2024, then climbed by 0.42% to 0.22 in 2025, then jumped by 41.07% to 0.32 in 2026.
  • Business Quant data shows DH's Debt Ratio at 0.32 in Q1 2026, 0.22 in Q4 2025, and 0.22 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Veeva Systems 32.24 Bn 24.93 Bn 662.02 Mn -
2 BrightSpring Health Services 14.58 Bn 13.68 Bn 482.22 Mn 0.40
3 Healthequity 8.32 Bn 8.05 Bn 256.31 Mn 0.29
4 Hinge Health 5.98 Bn 5.66 Bn 154.23 Mn -
5 10x Genomics 5.89 Bn 5.35 Bn 106.18 Mn -
6 MiniMed 4.50 Bn 4.20 Bn 480.00 Mn -
7 Waystar Holding 4.48 Bn 4.41 Bn 216.84 Mn 0.25
8 Doximity 3.98 Bn 3.23 Bn 125.97 Mn -
9 Privia Health 3.13 Bn 2.72 Bn - -
10 Definitive Healthcare 70.55 Mn -87.14 Mn 41.65 Mn 0.32

Historic Data

Download Data
DateValue
Mar 31, 2026 0.32
Dec 31, 2025 0.22
Sep 30, 2025 0.22
Jun 30, 2025 0.22
Mar 31, 2025 0.21
Dec 31, 2024 0.22
Sep 30, 2024 0.21
Jun 30, 2024 0.18
Mar 31, 2024 0.14
Dec 31, 2023 0.14
Sep 30, 2023 0.14
Jun 30, 2023 0.12
Mar 31, 2023 373.80
Dec 31, 2022 0.12
Sep 30, 2022 0.13
Jun 30, 2022 0.13
Mar 31, 2022 0.13
Dec 31, 2021 0.13
Sep 30, 2021 0.15
Dec 31, 2020 0.26