Definitive Healthcare (DH) FCF Payout Ratio (2020 - 2025)
Definitive Healthcare's (DH) quarterly FCF Payout Ratio came in at 0.19 in Q4 2025, down 121.75% YoY from 0.86 in Q4 2024, and down 121.75% on a QoQ basis from 0.86 in Q4 2024.
Definitive Healthcare (DH) FCF Payout Ratio (2020 - 2025) Analysis & Trends
Definitive Healthcare (DH) has 6 years of FCF Payout Ratio data on file, last reported at 0.19 in 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 eased to 0.19 in Q4 2025, from 0.86 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 1.04 in Q2 2021 to a low of 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 sank 1451.86% — and 2023, when it surged 227.42%.
- Tracing DH's FCF Payout Ratio over 5 years: stood at 0.43 in 2021, then slumped by 1451.86% to 6.73 in 2022, then surged by 104.78% to 0.32 in 2023, then jumped by 167.07% to 0.86 in 2024, then tumbled by 121.75% to 0.19 in 2025.
- The last three FCF Payout Ratio figures came in at 0.19 (Q4 2025), 0.86 (Q4 2024), and 0.01 (Q3 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (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 | - |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | - |
| 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 | - |
| 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 | - |
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 |