TransMedics (TMDX) Debt Ratio (2018 - 2026)
TransMedics (TMDX) posted quarterly Debt Ratio of 0.04 for Q1 2026, down 41.42% year-over-year from 0.07 in Q1 2025, and down 25.44% quarter-over-quarter from 0.06 in Q4 2025.
TransMedics (TMDX) Debt Ratio (2018 - 2026) Analysis & Trends
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 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.
- The 5-year median for Debt Ratio is 0.08 (2024), against an average of 0.12.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio rose 21.79% in 2022, then slumped 71.81% in 2023.
- TransMedics' Debt Ratio stood at 0.21 in 2022, then tumbled by 60.5% to 0.08 in 2023, then dropped by 11.73% to 0.07 in 2024, then declined by 24.47% to 0.06 in 2025, then dropped by 25.44% to 0.04 in 2026.
- Business Quant data shows TMDX's Debt Ratio at 0.04 in Q1 2026, 0.06 in Q4 2025, and 0.06 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.51 Bn | 194.90 Bn | 7.27 Bn | 0.30 |
| 2 | Stryker | 126.12 Bn | 122.64 Bn | 4.50 Bn | 0.31 |
| 3 | Medtronic | 118.45 Bn | 109.23 Bn | 6.41 Bn | 0.30 |
| 4 | Boston Scientific | 73.30 Bn | 72.77 Bn | 3.85 Bn | 0.28 |
| 5 | Edwards Lifesciences | 51.60 Bn | 47.35 Bn | 1.35 Bn | 0.04 |
| 6 | Dexcom | 34.52 Bn | 32.57 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 33.71 Bn | 31.60 Bn | 2.18 Bn | 0.27 |
| 8 | Koninklijke Philips | 26.14 Bn | 22.82 Bn | 4.55 Bn | 0.28 |
| 9 | Steris | 23.13 Bn | 22.65 Bn | 684.20 Mn | 0.18 |
| 10 | TransMedics | 3.21 Bn | 2.74 Bn | 113.20 Mn | 0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.04 |
| 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 |