Pulmonx (LUNG) Debt Ratio (2019 - 2025)
Pulmonx's (LUNG) Debt Ratio stood at 0.29 in Q4 2025, up 25.7% from 0.23 a year earlier and up 6.9% from the prior quarter.
Analysis
Pulmonx (LUNG) Debt Ratio (2019 - 2025) Analysis & Trends
Starting with Q4 2019, Pulmonx's Debt Ratio history includes 23 quarters.
- Annual Debt Ratio has increased for five straight years.
- Across earlier years, Debt Ratio came in at 0.23 in FY2024 (+9.0%), 0.21 in FY2023 (+133.0%), 0.09 in FY2022 (+20.8%) and 0.07 in FY2021 (+16.8%).
- The Q4 2025 figure is the highest quarterly Debt Ratio in data going back to Q4 2019.
- On a year-over-year basis, Debt Ratio has increased for 17 consecutive quarters, with growth averaging 15.7% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 136.8% in Q1 2023, against a decline of 71.0% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.27 (Q3 2025), 0.25 (Q2 2025) and 0.25 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 0.38 |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 0.30 |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | - |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 0.30 |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 0.31 |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 0.28 |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 0.04 |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 0.33 |
| 10 | Pulmonx | 82.51 Mn | -236.71 Mn | - | 0.29 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.25 |
| Dec 31, 2024 | 0.23 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.22 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.21 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.19 |
| Mar 31, 2023 | 0.19 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.09 |
| Jun 30, 2022 | 0.08 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.07 |
| Sep 30, 2021 | 0.07 |
| Jun 30, 2021 | 0.07 |
| Mar 31, 2021 | 0.07 |
API Access
Pulmonx 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=LUNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "LUNG", "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=LUNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();