Evolent Health (EVH) Total Debt (2016 - 2026)
Evolent Health (EVH) recorded Total Debt of $966.47 million in Q2 2026, up 17.8% from $820.57 million a year earlier but down 0.7% from the prior quarter.
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Analysis
Evolent Health (EVH) Total Debt (2016 - 2026) Analysis & Trends
At the end of FY2025, Evolent Health reported Total Debt of $970.54 million, up 46.6% from FY2024.
- Annual Total Debt has increased for four straight years, with a five-year compound annual growth rate of 27.3% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $661.99 million in FY2024 (+10.9%), $597.05 million in FY2023 (+44.6%), $412.99 million in FY2022 (+91.5%) and $215.68 million in FY2021 (-25.6%).
- Quarterly Total Debt has ranged from $215.68 million in Q4 2021 to $1.06 billion in Q3 2025 over the past five years.
- On a year-over-year basis, Total Debt has increased for seven consecutive quarters, with growth averaging 30.6% over the last eight quarters.
- Peak year-over-year performance for Total Debt in the last five years was growth of 123.7% in Q1 2023, against a decline of 25.6% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $973.49 million (Q1 2026), $970.54 million (Q4 2025) and $1.06 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | 50.49 Bn |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | 80.30 Mn |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 5.85 Bn |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 5.55 Bn |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 13.24 Bn |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | - |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 2.18 Bn |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | - |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 2.60 Bn |
| 10 | Evolent Health | 518.26 Mn | -8.03 Mn | 80.84 Mn | 966.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 966.47 Mn |
| Mar 31, 2026 | 973.49 Mn |
| Dec 31, 2025 | 970.54 Mn |
| Sep 30, 2025 | 1.06 Bn |
| Jun 30, 2025 | 820.57 Mn |
| Mar 31, 2025 | 819.33 Mn |
| Dec 31, 2024 | 661.99 Mn |
| Sep 30, 2024 | 599.67 Mn |
| Jun 30, 2024 | 598.78 Mn |
| Mar 31, 2024 | 597.90 Mn |
| Dec 31, 2023 | 597.05 Mn |
| Sep 30, 2023 | 600.94 Mn |
| Jun 30, 2023 | 633.01 Mn |
| Mar 31, 2023 | 632.28 Mn |
| Dec 31, 2022 | 412.99 Mn |
| Sep 30, 2022 | 412.44 Mn |
| Jun 30, 2022 | 283.14 Mn |
| Mar 31, 2022 | 282.60 Mn |
| Dec 31, 2021 | 215.68 Mn |
| Sep 30, 2021 | 237.77 Mn |
API Access
Evolent Health Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=EVH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "EVH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=EVH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();