Growth Metrics

Evolent Health (EVH) Debt to Equity (2019 - 2026)

Evolent Health's quarterly Debt to Equity came in at $2.46 in Q1 2026, up 180.41% year-on-year from $0.88 in Q1 2025, and up 5.06% quarter-over-quarter from $2.34 in Q4 2025.

Evolent Health has reported Debt to Equity for 8 years, with the latest figure at $2.46 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 180.41% year-over-year to $2.46; the trailing twelve-month figure through Mar 2026 stood at $2.46 (up 180.41% YoY), and the FY2025 full-year result was $2.34, up 253.56% from the prior year.
  • Debt to Equity for Q1 2026 stood at $2.46, up from $2.34 in the prior quarter.
  • The five-year high for Debt to Equity was $2.46 in Q1 2026, with the low at $0.46 in Q2 2022.
  • Average Debt to Equity over 5 years is $0.84, with a median of $0.57 recorded in 2024.
  • Year-over-year, Debt to Equity decreased 1.87% in 2024 and surged 253.56% in 2025.
  • Tracing EVH's Debt to Equity over 5 years: stood at $0.48 in 2022, then rose by 16.37% to $0.56 in 2023, then rose by 18.23% to $0.66 in 2024, then surged by 253.56% to $2.34 in 2025, then grew 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 30.85 Bn 24.28 Bn 622.47 Mn -
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 1.26
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 0.46
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn -
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn -
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 0.37
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn -
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn -
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn -
10 Evolent Health 467.76 Mn 301.79 Mn 83.77 Mn 2.46

Historic Data

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DateValue
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
Mar 31, 2021 0.37
Dec 31, 2020 0.24
Dec 31, 2019 0.32