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
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