Evolent Health (EVH) Debt Ratio (2019 - 2026)

Evolent Health (EVH) recorded quarterly Debt Ratio of 0.52 in Q1 2026, up 1.39% quarter-over-quarter from 0.51 in Q4 2025, and up 67.8% on a YoY basis from 0.31 in Q1 2025.

Evolent Health (EVH) Debt Ratio (2019 - 2026) Analysis & Trends

Evolent Health's Debt Ratio history runs 8 years deep, the most recent figure standing at 0.52 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 67.8% year-over-year to 0.52; the TTM figure through Mar 2026 stood at 0.52 (up 67.8% YoY), while the FY2025 annual figure was 0.51, up 96.41% from the prior year.
  • Debt Ratio was 0.52 for Q1 2026 at Evolent Health, up from 0.51 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.52 in Q1 2026 to a low of 0.21 in Q1 2022.
  • Historically, Debt Ratio has averaged 0.29 across 5 years, with a median of 0.24 in 2024.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio retreated 7.38% in 2024, then surged 96.41% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 0.23 in 2022, then retreated by 1.98% to 0.22 in 2023, then grew by 16.8% to 0.26 in 2024, then jumped by 96.41% to 0.51 in 2025, then climbed by 1.39% to 0.52 in 2026.
  • The last three Debt Ratio figures came in at 0.52 (Q1 2026), 0.51 (Q4 2025), and 0.43 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn -
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 0.40
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 0.29
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn -
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn -
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 0.25
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn -
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn -
10 Evolent Health 501.33 Mn 335.36 Mn 83.77 Mn 0.52

Historic Data

Download Data
DateValue
Mar 31, 2026 0.52
Dec 31, 2025 0.51
Sep 30, 2025 0.43
Jun 30, 2025 0.33
Mar 31, 2025 0.31
Dec 31, 2024 0.26
Sep 30, 2024 0.24
Jun 30, 2024 0.24
Mar 31, 2024 0.23
Dec 31, 2023 0.22
Sep 30, 2023 0.23
Jun 30, 2023 0.24
Mar 31, 2023 0.24
Dec 31, 2022 0.23
Sep 30, 2022 0.23
Jun 30, 2022 0.22
Mar 31, 2022 0.21
Dec 31, 2021 0.15
Sep 30, 2021 0.19
Jun 30, 2021 0.18