TransMedics (TMDX) Debt Ratio (2018 - 2026)

TransMedics' Debt Ratio history runs 9 years deep, the most recent figure standing at 0.04 for Q1 2026.

• In Q1 2026, Debt Ratio fell 41.42% year-over-year to 0.04; the TTM figure through Mar 2026 stood at 0.04 (down 41.42% YoY), while the FY2025 annual figure was 0.06, down 24.47% from the prior year.
• Debt Ratio was 0.04 for Q1 2026 at TransMedics, down from 0.06 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.3 in Q2 2022 to a low of 0.04 in Q1 2026.
• Historically, Debt Ratio has averaged 0.12 across 5 years, with a median of 0.08 in 2024.
• The sharpest annual moves came in 2022 and 2023: Debt Ratio gained 21.79% in 2022, then tumbled 71.81% in 2023.
• A 5-year view of Debt Ratio shows it stood at 0.21 in 2022, then plunged by 60.5% to 0.08 in 2023, then declined by 11.73% to 0.07 in 2024, then fell by 24.47% to 0.06 in 2025, then declined by 25.44% to 0.04 in 2026.
• The last three Debt Ratio figures came in at 0.04 (Q1 2026), 0.06 (Q4 2025), and 0.06 (Q3 2025), per Business Quant data.