Ocugen (OCGN) Debt Ratio (2014 - 2026)

Ocugen (OCGN) posted Debt Ratio of 0.51 for Q1 2026, down 22.46% on a QoQ basis from 0.66 in Q4 2025, and up 19.52% year-over-year from 0.43 in Q1 2025.

Ocugen (OCGN) Debt Ratio (2014 - 2026) Analysis & Trends

Ocugen's Debt Ratio history runs 13 years deep, the most recent figure standing at 0.51 for Q1 2026.

  • Quarterly Debt Ratio rose 19.52% year-over-year to 0.51 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.51 (up 19.52% YoY) and the FY2025 annual result came in at 0.66, up 90.25% from the prior year.
  • Debt Ratio was 0.51 for Q1 2026 at Ocugen, down from 0.66 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.66 in Q4 2025 and bottomed at 0.01 in Q1 2022.
  • A 5-year average of 0.2 and a median of 0.05 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio slumped 73.16% — and 2025, when it surged 957.85%.
  • Ocugen's Debt Ratio stood at 0.02 in 2022, then surged by 105.87% to 0.04 in 2023, then surged by 701.7% to 0.35 in 2024, then soared by 90.25% to 0.66 in 2025, then slipped by 22.46% to 0.51 in 2026.
  • Business Quant data shows OCGN's Debt Ratio at 0.51 in Q1 2026, 0.66 in Q4 2025, and 0.49 in Q3 2025.

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 Ocugen 63.79 Mn 63.79 Mn - 0.51

Historic Data

Download Data
DateValue
Mar 31, 2026 0.51
Dec 31, 2025 0.66
Sep 30, 2025 0.49
Jun 30, 2025 0.52
Mar 31, 2025 0.43
Dec 31, 2024 0.35
Sep 30, 2024 0.05
Jun 30, 2024 0.07
Mar 31, 2024 0.05
Dec 31, 2023 0.04
Sep 30, 2023 0.04
Jun 30, 2023 0.03
Mar 31, 2023 0.02
Dec 31, 2022 0.02
Sep 30, 2022 0.02
Jun 30, 2022 0.01
Mar 31, 2022 0.01
Dec 31, 2021 0.02
Sep 30, 2021 0.01
Jun 30, 2021 0.01