Phathom Pharmaceuticals (PHAT) Debt Ratio (2018 - 2026)
Phathom Pharmaceuticals' (PHAT) Debt Ratio was 0.50 for Q2 2026, down 38.6% from 0.82 a year earlier and down 6.2% from the prior quarter.
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Analysis
Phathom Pharmaceuticals (PHAT) Debt Ratio (2018 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Phathom Pharmaceuticals was 0.81, up 51.5% from FY2024.
- By year, Debt Ratio came in at 0.53 in FY2024 (+59.8%), 0.33 in FY2023 (-42.4%), 0.58 in FY2022 (+22.1%) and 0.47 in FY2021 (+197.3%).
- The Q2 2026 figure ranks as the lowest quarterly Debt Ratio since Q3 2024.
- Year over year, Debt Ratio gained in six of the last eight quarters, with growth averaging 33.0%.
- The high point for year-over-year Debt Ratio in five years was Q1 2022 (growth of 217.8%); the low point was Q4 2023 (a decline of 42.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.54 (Q1 2026), 0.81 (Q4 2025) and 0.86 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,146.94 Bn | 1,115.53 Bn | 19.71 Bn | 0.39 |
| 2 | Johnson & Johnson | 624.96 Bn | 543.49 Bn | 17.26 Bn | 0.24 |
| 3 | AbbVie | 510.15 Bn | 483.27 Bn | 12.70 Bn | 0.52 |
| 4 | Merck | 366.13 Bn | 320.51 Bn | 12.21 Bn | 0.42 |
| 5 | Novartis Ag | 297.75 Bn | 261.74 Bn | 11.24 Bn | 0.08 |
| 6 | Astrazeneca | 261.93 Bn | 235.62 Bn | 12.86 Bn | 0.28 |
| 7 | Amgen | 236.51 Bn | 191.91 Bn | 7.24 Bn | 0.60 |
| 8 | Gilead Sciences | 194.27 Bn | 168.47 Bn | 6.22 Bn | 0.53 |
| 9 | Pfizer | 171.74 Bn | 118.39 Bn | 10.94 Bn | 0.31 |
| 10 | Phathom Pharmaceuticals | 614.70 Mn | -25.25 Mn | 59.18 Mn | 0.50 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.50 |
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.81 |
| Sep 30, 2025 | 0.86 |
| Jun 30, 2025 | 0.82 |
| Mar 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.53 |
| Sep 30, 2024 | 0.45 |
| Jun 30, 2024 | 0.55 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.33 |
| Sep 30, 2023 | 0.42 |
| Jun 30, 2023 | 0.37 |
| Mar 31, 2023 | 0.67 |
| Dec 31, 2022 | 0.58 |
| Sep 30, 2022 | 0.46 |
| Jun 30, 2022 | 0.43 |
| Mar 31, 2022 | 0.61 |
| Dec 31, 2021 | 0.47 |
| Sep 30, 2021 | 0.39 |
API Access
Phathom Pharmaceuticals Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=PHAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "PHAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=PHAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();