MediaAlpha (MAX) Debt Ratio (2019 - 2026)

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.