Health Catalyst (HCAT) Debt to Equity (2018 - 2026)
Health Catalyst posted quarterly Debt to Equity of $1.11 for Q1 2026, up 9.27% year-on-year from $1.02 in Q1 2025, and up 78.05% on a QoQ basis from $0.62 in Q4 2025.
Health Catalyst (HCAT) has 9 years of Debt to Equity data on file, last reported at $1.11 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 9.27% year-over-year to $1.11; the trailing twelve-month figure through Mar 2026 stood at $1.11 (up 9.27% YoY), and the FY2025 full-year result was $0.62, down 40.44% from the prior year.
- Debt to Equity for Q1 2026 stood at $1.11, up from $0.62 in the prior quarter.
- Across five years, Debt to Equity topped out at $1.11 in Q1 2026 and bottomed at $0.0 in Q2 2024.
- The 5-year median for Debt to Equity is $0.58 (2023), against an average of $0.63.
- The widest annual swing landed in 2024, when Debt to Equity tumbled 99.57%; it then soared 17482.9% in 2025.
- A 5-year view of Debt to Equity shows it stood at $0.53 in 2022, then increased by 16.6% to $0.62 in 2023, then jumped by 68.46% to $1.05 in 2024, then tumbled by 40.44% to $0.62 in 2025, then surged by 78.05% to $1.11 in 2026.
- The last three Debt to Equity figures came in at $1.11 (Q1 2026), $0.62 (Q4 2025), and $0.46 (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 | Health Catalyst | 98.36 Mn | -10.46 Mn | 35.46 Mn | 1.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.11 |
| Dec 31, 2025 | 0.62 |
| Sep 30, 2025 | 0.46 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 1.02 |
| Dec 31, 2024 | 1.05 |
| Sep 30, 2024 | 0.97 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.64 |
| Dec 31, 2023 | 0.62 |
| Sep 30, 2023 | 0.60 |
| Jun 30, 2023 | 0.58 |
| Mar 31, 2023 | 0.56 |
| Dec 31, 2022 | 0.53 |
| Sep 30, 2022 | 0.51 |
| Jun 30, 2022 | 0.48 |
| Mar 31, 2022 | 0.47 |
| Dec 31, 2021 | 0.36 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.01 |
| Mar 31, 2021 | 0.06 |
| Dec 31, 2020 | 0.66 |
| Sep 30, 2020 | 0.57 |
| Jun 30, 2020 | 0.01 |
| Mar 31, 2020 | 0.02 |
| Dec 31, 2019 | 0.01 |
| Sep 30, 2019 | 0.25 |
| Jun 30, 2019 | -0.09 |
| Dec 31, 2018 | -0.05 |