Health Catalyst (HCAT) Debt Ratio (2018 - 2026)
Health Catalyst (HCAT) reported Debt Ratio of 0.37 for Q1 2026, down 13.36% on a YoY basis from 0.43 in Q1 2025, and up 22.03% quarter-over-quarter from 0.3 in Q4 2025.
Health Catalyst (HCAT) Debt Ratio (2018 - 2026) Analysis & Trends
Health Catalyst has reported Debt Ratio for 9 years, with the latest figure at 0.37 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 13.36% year-over-year to 0.37; the trailing twelve-month figure through Mar 2026 stood at 0.37 (down 13.36% YoY), and the FY2025 full-year result was 0.3, down 31.51% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.37, up from 0.3 in the prior quarter.
- The five-year high for Debt Ratio was 0.45 in Q4 2024, with the low at 0.0 in Q2 2024.
- Historically, Debt Ratio has averaged 0.31 across 5 years, with a median of 0.3 in 2025.
- Annual changes were most pronounced in 2024 — Debt Ratio sank 99.59% — and 2025, when it soared 19115.7%.
- Health Catalyst's Debt Ratio stood at 0.3 in 2022, then climbed by 7.91% to 0.32 in 2023, then soared by 37.01% to 0.45 in 2024, then tumbled by 31.51% to 0.3 in 2025, then increased by 22.03% to 0.37 in 2026.
- The last three Debt Ratio figures came in at 0.37 (Q1 2026), 0.3 (Q4 2025), and 0.26 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (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 | 0.40 |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 0.29 |
| 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 | 0.25 |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | - |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | - |
| 10 | Health Catalyst | 125.95 Mn | 17.13 Mn | 35.46 Mn | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.37 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.42 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.33 |
| Dec 31, 2023 | 0.32 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | 0.27 |
| Dec 31, 2021 | 0.22 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.00 |