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| 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 |