Evolent Health (EVH) Debt Ratio (2016 - 2026)

Evolent Health (EVH) posted quarterly Debt Ratio of 0.52 for Q1 2026, up 67.8% year-over-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.

  • 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 for Q1 2026 stood at 0.52, up from 0.51 in the prior quarter.
  • The five-year high for Debt Ratio was 0.52 in Q1 2026, with the low at 0.21 in Q1 2022.
  • The 5-year median for Debt Ratio is 0.24 (2024), against an average of 0.29.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio fell 7.38% in 2024, then jumped 96.41% in 2025.
  • Evolent Health's Debt Ratio stood at 0.23 in 2022, then fell by 1.98% to 0.22 in 2023, then climbed by 16.8% to 0.26 in 2024, then soared by 96.41% to 0.51 in 2025, then advanced by 1.39% to 0.52 in 2026.
  • Business Quant data shows EVH's Debt Ratio at 0.52 in Q1 2026, 0.51 in Q4 2025, and 0.43 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (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 0.37
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 0.29
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 0.25
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn -
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn -
10 Evolent Health 529.12 Mn 387.65 Mn 80.84 Mn 0.49

Historic Data

Download Data
DateValue
Jun 30, 2026 0.49
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