Evolent Health (EVH) Debt to Equity (2019 - 2026)
Evolent Health (EVH) recorded quarterly Debt to Equity of $2.46 in Q1 2026, up 5.06% quarter-over-quarter from $2.34 in Q4 2025, and up 180.41% on a YoY basis from $0.88 in Q1 2025.
Evolent Health (EVH) Debt to Equity (2019 - 2026) Analysis & Trends
Evolent Health's Debt to Equity history runs 8 years deep, the most recent figure standing at $2.46 for Q1 2026.
- In Q1 2026, Debt to Equity rose 180.41% year-over-year to $2.46; the TTM figure through Mar 2026 stood at $2.46 (up 180.41% YoY), while the FY2025 annual figure was $2.34, up 253.56% from the prior year.
- Debt to Equity was $2.46 for Q1 2026 at Evolent Health, up from $2.34 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $2.46 in Q1 2026 to a low of $0.46 in Q2 2022.
- Historically, Debt to Equity has averaged $0.84 across 5 years, with a median of $0.57 in 2024.
- The sharpest annual moves came in 2024 and 2025: Debt to Equity fell 1.87% in 2024, then soared 253.56% in 2025.
- A 5-year view of Debt to Equity shows it stood at $0.48 in 2022, then increased by 16.37% to $0.56 in 2023, then increased by 18.23% to $0.66 in 2024, then jumped by 253.56% to $2.34 in 2025, then climbed by 5.06% to $2.46 in 2026.
- The last three Debt to Equity figures came in at $2.46 (Q1 2026), $2.34 (Q4 2025), and $1.26 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (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 | 1.26 |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 0.46 |
| 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 | 0.37 |
| 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 | 2.46 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.46 |
| Dec 31, 2025 | 2.34 |
| Sep 30, 2025 | 1.26 |
| Jun 30, 2025 | 0.92 |
| Mar 31, 2025 | 0.88 |
| Dec 31, 2024 | 0.66 |
| Sep 30, 2024 | 0.58 |
| Jun 30, 2024 | 0.57 |
| Mar 31, 2024 | 0.57 |
| Dec 31, 2023 | 0.56 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 0.58 |
| Mar 31, 2023 | 0.56 |
| Dec 31, 2022 | 0.48 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.46 |
| Mar 31, 2022 | 0.46 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.39 |
| Jun 30, 2021 | 0.38 |