Guardant Health, Inc.

GH Healthcare Diagnostics & Research

Guardant Health, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $982.0 million, up 32.9% from fiscal 2024.

Revenue
+36.1%
EPS
−25.7%
Free cash flow
+18.7%
Total debt
+34.8%

Quarter to September 2026, against a year earlier

154.16 14.42 −8.55%
Market cap
$20.6B
P/E
0.0×
Fwd P/E
−55.6×
Dividend yield
—
F-score
5/9
Altman Z
2.02
Beneish M
−2.78
Dividend safety
n/a

Guardant Health, Inc. (GH) Debt to equity

Alert me on Debt to equity

Guardant Health, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was −5.4×, up 9.7× from fiscal 2025 (−15.1×). Over the past ten years it has ranged from −15.1× (fiscal 2025) to 18.9× (fiscal 2022) — the current reading is the lowest in ten years. That is below the Diagnostics & Research industry median of 0.0× and below the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 −15.1× —
FY2024 −8.2× —
FY2023 7.2× (61.99%)
FY2022 18.9× 974.22%
FY2021 1.8× 183.36%
FY2020 0.6× 1,139.32%
FY2019 0.1× 245.52%
FY2018 0.0× 866.67%
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period Debt to equity Change
Sep 2026 −5.4× —
Jun 2026 −6.7× —
Mar 2026 −8.3× —
Dec 2025 −15.1× —
33 more quarters

Against its own ten years

Low −15.1× High 18.9×
Ten-year median 0.0×
Current reading's percentile 10

Debt to equity against peers

Company Debt to equity
GH Guardant Health, Inc. −5.4×
MEDP Medpace Holdings, Inc. compare 0.0×
RVTY Revvity Inc. compare 0.4×
ICLR ICON PLC compare 0.4×
ILMN Illumina, Inc. compare 0.6×
LH Labcorp Holdings Inc. compare 0.6×
DGX Quest Diagnostics Incorporated compare 0.7×
CRL Charles River Laboratories International, Inc. compare 0.8×
MTD Mettler-Toledo International, Inc. compare 165×
Diagnostics & Research industry median 0.0×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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