Tarsus Pharmaceuticals (TARS) Debt Ratio (2022 - 2026)
Tarsus Pharmaceuticals' Debt Ratio was 0.12 in Q2 2026, down 18.3% from 0.15 a year earlier and down 4.7% from the prior quarter.
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Analysis
Tarsus Pharmaceuticals (TARS) Debt Ratio (2022 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Tarsus Pharmaceuticals came in at 0.13, down 32.4% from FY2024.
- In earlier years, Debt Ratio was 0.19 in FY2024 (+69.7%), 0.11 in FY2023 (+31.7%) and 0.09 in FY2022.
- The Q2 2026 figure marks the lowest quarterly Debt Ratio since Q1 2024.
- Compared with a year earlier, Debt Ratio has declined for five straight quarters, with growth averaging 11.7% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q3 2024 (growth of 72.1%); the worst was Q4 2025 (a decline of 32.4%).
- Per Business Quant data, TARS's Debt Ratio in the three quarters before Q2 2026 was 0.12 (Q1 2026), 0.13 (Q4 2025) and 0.14 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 0.39 |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 0.24 |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 0.52 |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | 0.42 |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 0.08 |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 0.28 |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 0.60 |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | 0.53 |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | 0.31 |
| 10 | Tarsus Pharmaceuticals | 3.06 Bn | 2.01 Bn | 161.80 Mn | 0.12 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.12 |
| 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 |
API Access
Tarsus 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=TARS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "TARS", "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=TARS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();