MediaAlpha (MAX) Debt Ratio (2019 - 2026)
MediaAlpha (MAX) posted quarterly Debt Ratio of 0.51 for Q2 2026, down 23.63% year-over-year from 0.67 in Q2 2025, and up 10.1% quarter-over-quarter from 0.46 in Q1 2026.
MediaAlpha (MAX) Debt Ratio (2019 - 2026) Analysis & Trends
MediaAlpha (MAX) has reported Debt Ratio for 8 consecutive years, with 0.51 the latest figure, recorded in Q2 2026.
- In Q2 2026, Debt Ratio fell 23.63% year-over-year to 0.51; the TTM figure through Jun 2026 stood at 0.51 (down 23.63% YoY), while the FY2025 annual figure was 0.46, down 30.06% from the prior year.
- Debt Ratio rose to 0.51 in Q2 2026 per MAX's latest filing, from 0.46 in the prior quarter.
- Across five years, Debt Ratio topped out at 1.39 in Q3 2023 and bottomed at 0.46 in Q4 2025.
- Historically, Debt Ratio has averaged 0.86 across 5 years, with a median of 0.74 in 2022.
- Annual changes were most pronounced in 2023 — Debt Ratio jumped 85.62% — and 2024, when it plunged 47.25%.
- MediaAlpha's Debt Ratio stood at 1.13 in 2022, then rose by 7.22% to 1.21 in 2023, then slumped by 46.03% to 0.65 in 2024, then tumbled by 30.06% to 0.46 in 2025, then grew by 11.95% to 0.51 in 2026.
- Business Quant data shows MAX's Debt Ratio at 0.51 in Q2 2026, 0.46 in Q1 2026, and 0.46 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,170.83 Bn | 3,741.79 Bn | 73.85 Bn | 0.11 |
| 2 | Meta Platforms | 1,525.91 Bn | 1,435.65 Bn | 49.47 Bn | 0.19 |
| 3 | Taboola.com | 1,144.63 Bn | 1,144.50 Bn | 139.48 Mn | 0.05 |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 0.14 |
| 5 | Spotify Technology | 102.92 Bn | 92.68 Bn | 1.75 Bn | -0.10 |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | 0.00 |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.34 Bn | 39.71 Bn | 295.20 Mn | 0.38 |
| 9 | 30.23 Bn | 27.44 Bn | 734.60 Mn | - | |
| 10 | MediaAlpha | 705.44 Mn | 681.70 Mn | 45.17 Mn | 0.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.51 |
| Mar 31, 2026 | 0.46 |
| Dec 31, 2025 | 0.46 |
| Sep 30, 2025 | 0.67 |
| Jun 30, 2025 | 0.67 |
| Mar 31, 2025 | 0.70 |
| Dec 31, 2024 | 0.65 |
| Sep 30, 2024 | 0.73 |
| Jun 30, 2024 | 0.89 |
| Mar 31, 2024 | 1.20 |
| Dec 31, 2023 | 1.21 |
| Sep 30, 2023 | 1.39 |
| Jun 30, 2023 | 1.34 |
| Mar 31, 2023 | 1.24 |
| Dec 31, 2022 | 1.13 |
| Sep 30, 2022 | 0.75 |
| Jun 30, 2022 | 0.76 |
| Mar 31, 2022 | 0.70 |
| Dec 31, 2021 | 0.67 |
| Sep 30, 2021 | 0.79 |