Phathom Pharmaceuticals (PHAT) Debt Ratio (2019 - 2026)
Phathom Pharmaceuticals' (PHAT) quarterly Debt Ratio came in at 0.54 in Q1 2026, down 22.35% year-on-year from 0.69 in Q1 2025, and down 33.51% on a QoQ basis 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.
- On a quarterly basis, Debt Ratio fell 22.35% year-over-year to 0.54 in Q1 2026; TTM through Mar 2026 was 0.54, a 22.35% decrease from a year earlier, with the FY2025 full-year figure at 0.81, up 51.55% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.54, down from 0.81 in the prior quarter.
- Over the last five years, Debt Ratio for PHAT reached as high as 0.86 in Q3 2025 and fell as low as 0.33 in Q4 2023.
- Historically, Debt Ratio has averaged 0.56 across 5 years, with a median of 0.54 in 2026.
- Across the five-year window, Debt Ratio jumped 217.78% in 2022 and slumped 42.38% in 2023, its largest moves.
- Year by year, Debt Ratio stood at 0.58 in 2022, then slumped 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 sank by 33.51% to 0.54 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 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 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | - |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | 1.41 |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | - |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 0.11 |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | - |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 0.05 |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | - |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Phathom Pharmaceuticals | 945.22 Mn | 761.46 Mn | 46.31 Mn | 0.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |