Phathom Pharmaceuticals (PHAT) Debt Ratio (2019 - 2026)

Phathom Pharmaceuticals (PHAT) reported Debt Ratio of 0.54 for Q1 2026, down 22.35% year-over-year from 0.69 in Q1 2025, and down 33.51% quarter-over-quarter from 0.81 in Q4 2025.

Phathom Pharmaceuticals (PHAT) Debt Ratio (2019 - 2026) Analysis & Trends

Phathom Pharmaceuticals (PHAT) has 8 years of Debt Ratio data on file, last reported at 0.54 in Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.54, down 22.35% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.54 (down 22.35% YoY), and the FY2025 annual result was 0.81, up 51.55% from the prior year.
  • Debt Ratio slipped to 0.54 in Q1 2026 per PHAT's latest filing, from 0.81 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.86 in Q3 2025 and troughed at 0.33 in Q4 2023.
  • A 5-year average of 0.56 and a median of 0.54 in 2026 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio soared 217.78% in 2022, then plunged 42.38% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 0.58 in 2022, then sank by 42.38% to 0.33 in 2023, then soared by 59.84% to 0.53 in 2024, then soared by 51.55% to 0.81 in 2025, then plunged by 33.51% to 0.54 in 2026.
  • Business Quant data shows PHAT's Debt Ratio at 0.54 in Q1 2026, 0.81 in Q4 2025, and 0.86 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 0.18
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - -
10 Phathom Pharmaceuticals 895.99 Mn 712.23 Mn 46.31 Mn 0.54

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.22