Definitive Healthcare (DH) Debt Ratio (2020 - 2026)
Definitive Healthcare's (DH) quarterly Debt Ratio came in at 0.32 in Q1 2026, up 49.39% YoY from 0.21 in Q1 2025, and up 41.07% on a QoQ basis from 0.22 in Q4 2025.
Definitive Healthcare (DH) Debt Ratio (2020 - 2026) Analysis & Trends
Definitive Healthcare (DH) has 7 years of Debt Ratio data on file, last reported at 0.32 in 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 grew to 0.32 in Q1 2026, from 0.22 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 373.8 in Q1 2023 to a low of 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 tumbled 99.96%.
- Tracing DH's Debt Ratio over 5 years: stood at 0.12 in 2022, then grew by 12.71% to 0.14 in 2023, then soared by 58.98% to 0.22 in 2024, then gained by 0.42% to 0.22 in 2025, then surged by 41.07% to 0.32 in 2026.
- The last three Debt Ratio figures came in at 0.32 (Q1 2026), 0.22 (Q4 2025), and 0.22 (Q3 2025), per Business Quant data.
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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 | Definitive Healthcare | 68.32 Mn | -72.07 Mn | 40.54 Mn | 0.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| 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 |