Definitive Healthcare (DH) FCF Payout Ratio (2020 - 2025)
Definitive Healthcare (DH) posted FCF Payout Ratio of 0.19 for Q4 2025, down 121.75% on a QoQ basis from 0.86 in Q4 2024, and down 121.75% year-over-year from 0.86 in Q4 2024.
Definitive Healthcare (DH) FCF Payout Ratio (2020 - 2025) Analysis & Trends
Definitive Healthcare's FCF Payout Ratio history runs 6 years deep, the most recent figure standing at 0.19 for Q4 2025.
- Quarterly FCF Payout Ratio fell 121.75% year-over-year to 0.19 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.07 (down 68.01% YoY) and the FY2025 annual result came in at 0.08, down 15.09% from the prior year.
- FCF Payout Ratio was 0.19 for Q4 2025 at Definitive Healthcare, down from 0.86 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 1.04 in Q2 2021 and bottomed at 6.73 in Q4 2022.
- A 5-year average of 0.21 and a median of 0.25 in 2023 frame the typical range for FCF Payout Ratio.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio plunged 1451.86% — and 2023, when it surged 227.42%.
- Definitive Healthcare's FCF Payout Ratio stood at 0.43 in 2021, then plunged by 1451.86% to 6.73 in 2022, then jumped by 104.78% to 0.32 in 2023, then soared by 167.07% to 0.86 in 2024, then sank by 121.75% to 0.19 in 2025.
- Business Quant data shows DH's FCF Payout Ratio at 0.19 in Q4 2025, 0.86 in Q4 2024, and 0.01 in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (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 | - |
| 3 | Healthequity | 8.32 Bn | 8.05 Bn | 256.31 Mn | - |
| 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 | - |
| 8 | Doximity | 3.98 Bn | 3.23 Bn | 125.97 Mn | - |
| 9 | Privia Health | 3.13 Bn | 2.72 Bn | - | -0.24 |
| 10 | Definitive Healthcare | 70.55 Mn | -87.14 Mn | 41.65 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.19 |
| Dec 31, 2024 | 0.86 |
| Sep 30, 2024 | 0.01 |
| Dec 31, 2023 | 0.32 |
| Sep 30, 2023 | 0.70 |
| Jun 30, 2023 | 0.25 |
| Dec 31, 2022 | -6.73 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | 0.29 |
| Mar 31, 2022 | 0.03 |
| Dec 31, 2021 | -0.43 |
| Sep 30, 2021 | 0.98 |
| Jun 30, 2021 | 1.04 |
| Dec 31, 2020 | 0.10 |