Health Catalyst (HCAT) Debt to Equity (2018 - 2026)
Health Catalyst (HCAT) reported Debt to Equity of $1.11 for Q1 2026, up 9.27% on a YoY basis from $1.02 in Q1 2025, and up 78.05% quarter-over-quarter from $0.62 in Q4 2025.
Health Catalyst (HCAT) Debt to Equity (2018 - 2026) Analysis & Trends
Health Catalyst has reported Debt to Equity for 9 years, with the latest figure 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.
- The five-year high for Debt to Equity was $1.11 in Q1 2026, with the low at $0.0 in Q2 2024.
- Historically, Debt to Equity has averaged $0.63 across 5 years, with a median of $0.58 in 2023.
- Annual changes were most pronounced in 2024 — Debt to Equity sank 99.57% — and 2025, when it soared 17482.9%.
- Health Catalyst's Debt to Equity stood at $0.53 in 2022, then grew by 16.6% to $0.62 in 2023, then soared by 68.46% to $1.05 in 2024, then plunged by 40.44% to $0.62 in 2025, then jumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (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 | 1.26 |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 0.46 |
| 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 | 0.37 |
| 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 | 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 |