Harvard Bioscience (HBIO) Debt Ratio (2010 - 2026)
Harvard Bioscience's Debt Ratio was 0.48 in Q2 2026, up 10.5% from 0.44 a year earlier and up 3.5% from the prior quarter.
Powered by 
Analysis
Harvard Bioscience (HBIO) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Harvard Bioscience came in at 0.45, up 53.5% from FY2024.
- In earlier years, Debt Ratio was 0.29 in FY2024 (+9.6%), 0.27 in FY2023 (-17.4%), 0.32 in FY2022 (+8.2%) and 0.30 in FY2021 (-3.1%).
- The Q2 2026 figure marks the highest quarterly Debt Ratio in data going back to Q4 2010.
- Compared with a year earlier, Debt Ratio has increased for eight straight quarters, with growth averaging 32.2% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q1 2025 (growth of 68.5%); the worst was Q4 2023 (a decline of 17.4%).
- Per Business Quant data, HBIO's Debt Ratio in the three quarters before Q2 2026 was 0.46 (Q1 2026), 0.45 (Q4 2025) and 0.44 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 258.59 Bn | 237.62 Bn | 4.88 Bn | 0.38 |
| 2 | Abbott Laboratories | 173.19 Bn | 143.62 Bn | 7.27 Bn | 0.30 |
| 3 | Danaher | 163.64 Bn | 147.45 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 152.55 Bn | 131.97 Bn | 1.96 Bn | - |
| 5 | Medtronic | 118.82 Bn | 84.07 Bn | 6.34 Bn | 0.30 |
| 6 | Stryker | 113.73 Bn | 99.85 Bn | 4.50 Bn | 0.31 |
| 7 | Boston Scientific | 65.03 Bn | 59.80 Bn | 3.85 Bn | 0.28 |
| 8 | Becton Dickinson | 53.45 Bn | 50.60 Bn | 2.32 Bn | 0.33 |
| 9 | Edwards Lifesciences | 50.76 Bn | 34.77 Bn | 1.35 Bn | 0.04 |
| 10 | Harvard Bioscience | 37.48 Mn | 8.44 Mn | 12.63 Mn | 0.48 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.48 |
| Mar 31, 2026 | 0.46 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.44 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.29 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.29 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 0.32 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.31 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.29 |
API Access
Harvard Bioscience Debt Ratio 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=debt-ratio&ticker=HBIO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "HBIO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=HBIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();