Growth Metrics

TransMedics (TMDX) Debt Ratio (2018 - 2026)

TransMedics' quarterly Debt Ratio came in at 0.04 in Q1 2026, down 41.42% year-on-year from 0.07 in Q1 2025, and down 25.44% quarter-over-quarter from 0.06 in Q4 2025.

TransMedics has reported Debt Ratio for 9 years, with the latest figure at 0.04 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 41.42% year-over-year to 0.04; the trailing twelve-month figure through Mar 2026 stood at 0.04 (down 41.42% YoY), and the FY2025 full-year result was 0.06, down 24.47% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.04, down from 0.06 in the prior quarter.
  • The five-year high for Debt Ratio was 0.3 in Q2 2022, with the low at 0.04 in Q1 2026.
  • Average Debt Ratio over 5 years is 0.12, with a median of 0.08 recorded in 2024.
  • Year-over-year, Debt Ratio climbed 21.79% in 2022 and tumbled 71.81% in 2023.
  • Tracing TMDX's Debt Ratio over 5 years: stood at 0.21 in 2022, then tumbled by 60.5% to 0.08 in 2023, then fell by 11.73% to 0.07 in 2024, then retreated by 24.47% to 0.06 in 2025, then fell 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 0.31
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 0.32
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 0.31
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 0.25
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 0.04
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 0.25
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn -
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 0.27
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 0.18
10 TransMedics 2.32 Bn 1.86 Bn 101.16 Mn 0.04

Historic Data

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DateValue
Mar 31, 2026 0.04
Dec 31, 2025 0.06
Sep 30, 2025 0.06
Jun 30, 2025 0.07
Mar 31, 2025 0.07
Dec 31, 2024 0.07
Sep 30, 2024 0.08
Jun 30, 2024 0.08
Mar 31, 2024 0.08
Dec 31, 2023 0.08
Sep 30, 2023 0.09
Jun 30, 2023 0.09
Mar 31, 2023 0.20
Dec 31, 2022 0.21
Sep 30, 2022 0.21
Jun 30, 2022 0.30
Mar 31, 2022 0.28
Dec 31, 2021 0.26
Sep 30, 2021 0.27
Jun 30, 2021 0.25
Mar 31, 2021 0.24
Dec 31, 2020 0.23
Sep 30, 2020 0.22
Mar 31, 2020 0.35
Dec 28, 2019 0.32
Sep 28, 2019 0.30
Jun 29, 2019 0.28
Mar 30, 2019 0.87
Dec 29, 2018 0.80