MediaAlpha, Inc. (MAX) Debt Ratio (2019 - 2026)

MediaAlpha (MAX) posted quarterly Debt Ratio of 0.44 for Q1 2026, down 33.41% YoY from 0.67 in Q1 2025, and up 11.25% sequentially from 0.4 in Q4 2025.

MediaAlpha, Inc. (MAX) Debt Ratio (2019 - 2026) Analysis & Trends

MediaAlpha has disclosed Debt Ratio across 8 years of filings, most recently posting 0.44 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 33.41% year-over-year to 0.44; the TTM figure through Mar 2026 stood at 0.44 (down 33.41% YoY), while the FY2025 annual figure was 0.4, down 35.43% from the prior year.
  • Debt Ratio improved to 0.44 in Q1 2026, from 0.4 in the prior quarter.
  • Over the last five years, Debt Ratio for MAX reached as high as 1.33 in Q3 2023 and fell as low as 0.4 in Q4 2025.
  • The 5-year median for Debt Ratio is 0.72 (2022), against an average of 0.83.
  • Annual changes were most pronounced in 2023 — Debt Ratio surged 84.95% — and 2024, when it plunged 47.44%.
  • A 5-year view of Debt Ratio shows it stood at 1.08 in 2022, then climbed by 5.2% to 1.13 in 2023, then slumped by 45.34% to 0.62 in 2024, then sank by 35.43% to 0.4 in 2025, then increased by 11.25% to 0.44 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.44, 0.4, and 0.58 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 0.44
Dec 31, 2025 0.40
Sep 30, 2025 0.58
Jun 30, 2025 0.63
Mar 31, 2025 0.67
Dec 31, 2024 0.62
Sep 30, 2024 0.70
Jun 30, 2024 0.84
Mar 31, 2024 1.12
Dec 31, 2023 1.13
Sep 30, 2023 1.33
Jun 30, 2023 1.27
Mar 31, 2023 1.18
Dec 31, 2022 1.08
Sep 30, 2022 0.72
Jun 30, 2022 0.73
Mar 31, 2022 0.67
Dec 31, 2021 0.64
Sep 30, 2021 0.76
Jun 30, 2021 0.78