Ocugen (OCGN) Debt Ratio (2014 - 2026)
Ocugen's (OCGN) quarterly Debt Ratio came in at 0.51 in Q1 2026, up 19.52% YoY from 0.43 in Q1 2025, and down 22.46% on a QoQ basis from 0.66 in Q4 2025.
Analysis
Ocugen (OCGN) Debt Ratio (2014 - 2026) Analysis & Trends
Ocugen (OCGN) has 13 years of Debt Ratio data on file, last reported at 0.51 in 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 fell to 0.51 in Q1 2026, from 0.66 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.66 in Q4 2025 to a low of 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 tumbled 73.16% — and 2025, when it surged 957.85%.
- Tracing OCGN's Debt Ratio over 5 years: stood at 0.02 in 2022, then soared by 105.87% to 0.04 in 2023, then soared by 701.7% to 0.35 in 2024, then jumped by 90.25% to 0.66 in 2025, then retreated by 22.46% to 0.51 in 2026.
- The last three Debt Ratio figures came in at 0.51 (Q1 2026), 0.66 (Q4 2025), and 0.49 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | - |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 0.05 |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 0.05 |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 0.12 |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | - |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 0.47 |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 0.26 |
| 10 | Ocugen | 458.91 Mn | 358.81 Mn | - | 0.68 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.68 |
| 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 |