Tarsus Pharmaceuticals (TARS) Debt Ratio (2022 - 2026)

Tarsus Pharmaceuticals (TARS) recorded quarterly Debt Ratio of 0.12 in Q1 2026, down 3.05% quarter-over-quarter from 0.13 in Q4 2025, and down 13.1% on a YoY basis from 0.14 in Q1 2025.

Tarsus Pharmaceuticals (TARS) Debt Ratio (2022 - 2026) Analysis & Trends

Tarsus Pharmaceuticals' Debt Ratio history runs 5 years deep, the most recent figure standing at 0.12 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 13.1% year-over-year to 0.12; the TTM figure through Mar 2026 stood at 0.12 (down 13.1% YoY), while the FY2025 annual figure was 0.13, down 32.39% from the prior year.
  • Debt Ratio was 0.12 for Q1 2026 at Tarsus Pharmaceuticals, down from 0.13 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.19 in Q4 2024 to a low of 0.08 in Q2 2022.
  • Historically, Debt Ratio has averaged 0.13 across 5 years, with a median of 0.12 in 2026.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio surged 72.12% in 2024, then tumbled 32.39% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 0.09 in 2022, then surged by 31.69% to 0.11 in 2023, then soared by 69.68% to 0.19 in 2024, then sank by 32.39% to 0.13 in 2025, then retreated by 3.05% to 0.12 in 2026.
  • The last three Debt Ratio figures came in at 0.12 (Q1 2026), 0.13 (Q4 2025), and 0.14 (Q3 2025), per Business Quant data.

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 Tarsus Pharmaceuticals 2.71 Bn 2.61 Bn 152.66 Mn 0.12

Historic Data

Download Data
DateValue
Mar 31, 2026 0.12
Dec 31, 2025 0.13
Sep 30, 2025 0.14
Jun 30, 2025 0.15
Mar 31, 2025 0.14
Dec 31, 2024 0.19
Sep 30, 2024 0.19
Jun 30, 2024 0.19
Mar 31, 2024 0.09
Dec 31, 2023 0.11
Sep 30, 2023 0.11
Jun 30, 2023 0.13
Mar 31, 2023 0.12
Dec 31, 2022 0.09
Sep 30, 2022 0.08
Jun 30, 2022 0.08
Mar 31, 2022 0.11