Evolent Health (EVH) Debt Ratio (2016 - 2026)
Evolent Health's (EVH) quarterly Debt Ratio came in at 0.52 in Q1 2026, up 67.8% year-on-year from 0.31 in Q1 2025, and up 1.39% quarter-over-quarter from 0.51 in Q4 2025.
Evolent Health (EVH) Debt Ratio (2016 - 2026) Analysis & Trends
Evolent Health's Debt Ratio history runs 11 years deep, the most recent figure standing at 0.52 for Q1 2026.
- On a quarterly basis, Debt Ratio rose 67.8% year-over-year to 0.52 in Q1 2026; TTM through Mar 2026 was 0.52, a 67.8% increase from a year earlier, with the FY2025 full-year figure at 0.51, up 96.41% from the prior year.
- Debt Ratio rose to 0.52 in Q1 2026 per EVH's latest filing, from 0.51 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.52 in Q1 2026 and bottomed at 0.21 in Q1 2022.
- The 5-year median for Debt Ratio is 0.24 (2024), against an average of 0.29.
- Across the five-year window, Debt Ratio slipped 7.38% in 2024 and jumped 96.41% in 2025, its largest moves.
- Year by year, Debt Ratio 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.
- Per Business Quant, the three latest EVH Debt Ratio figures stand at 0.52 (Q1 2026), 0.51 (Q4 2025), and 0.43 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | - |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 0.40 |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 0.29 |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | - |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | - |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | - |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 0.25 |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | - |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | - |
| 10 | Evolent Health | 517.00 Mn | 351.02 Mn | 83.77 Mn | 0.52 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |