Mesoblast (MESO) Debt Ratio (2018 - 2025)

Mesoblast (MESO) posted quarterly Debt Ratio of 0.11 for Q4 2025, down 81.13% year-on-year from 0.56 in Q4 2024, and down 136.12% on a QoQ basis from 0.29 in Q2 2025.

Mesoblast (MESO) Debt Ratio (2018 - 2025) Analysis & Trends

Mesoblast (MESO) has reported Debt Ratio for 8 consecutive years, with 0.11 the latest figure, recorded in Q4 2025.

  • Quarterly Debt Ratio fell 81.13% year-over-year to 0.11 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.11 (down 81.13% YoY) and the FY2025 annual result came in at 0.29, up 71.0% from the prior year.
  • Debt Ratio eased to 0.11 in Q4 2025 per MESO's latest filing, from 0.29 in the prior quarter.
  • Over the last five years, Debt Ratio for MESO reached as high as 0.29 in Q2 2025 and fell as low as 0.11 in Q4 2025.
  • A 5-year average of 0.11 and a median of 0.13 in 2021 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio soared 365.74% — and 2024, when it slumped 147.81%.
  • Year by year, Debt Ratio stood at 0.25 in 2021, then sank by 111.41% to 0.03 in 2022, then gained by 16.12% to 0.02 in 2023, then sank by 147.81% to 0.06 in 2024, then plunged by 81.13% to 0.11 in 2025.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.11, 0.29, and 0.06 for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - 1.41
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 0.11
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn -
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 0.05
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Mesoblast 2.08 Bn 1.95 Bn - -0.11

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.11
Jun 30, 2025 0.29
Dec 31, 2024 -0.06
Jun 30, 2024 0.17
Dec 31, 2023 -0.02
Jun 30, 2023 0.16
Mar 31, 2023 -0.03
Dec 31, 2022 -0.03
Sep 30, 2022 0.28
Jun 30, 2022 0.15
Mar 31, 2022 0.26
Dec 31, 2021 0.25
Sep 30, 2021 0.06
Jun 30, 2021 0.13
Mar 31, 2021 0.12
Dec 31, 2020 0.14
Sep 30, 2020 0.16
Jun 30, 2020 0.16
Mar 31, 2020 0.18
Dec 31, 2019 0.19