Growth Metrics

MediaAlpha (MAX) Debt to Equity (2019 - 2025)

MediaAlpha (MAX) has disclosed Debt to Equity for 7 consecutive years, with -$5.25 as the latest value for Q4 2025.

  • On a quarterly basis, Debt to Equity fell 49.55% to -$5.25 in Q4 2025 year-over-year; TTM through Dec 2025 was -$5.25, a 49.55% decrease, with the full-year FY2025 number at -$5.25, down 49.55% from a year prior.
  • Debt to Equity was -$5.25 for Q4 2025 at MediaAlpha, roughly flat from -$5.23 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of -$1.77 in Q3 2023 to a low of -$5.25 in Q4 2025.
  • A 5-year average of -$2.83 and a median of -$2.66 in 2021 define the central range for Debt to Equity.
  • Peak YoY movement for Debt to Equity: plummeted 52275.8% in 2021, then skyrocketed 45.73% in 2023.
  • MediaAlpha's Debt to Equity stood at -$3.03 in 2021, then increased by 29.91% to -$2.13 in 2022, then grew by 13.2% to -$1.85 in 2023, then tumbled by 90.35% to -$3.51 in 2024, then plummeted by 49.55% to -$5.25 in 2025.
  • Per Business Quant, the three most recent readings for MAX's Debt to Equity are -$5.25 (Q4 2025), -$5.23 (Q3 2025), and -$2.77 (Q2 2025).