Advantage Solutions annual debt-to-ebitda ratio
2019
2020
2021
2023
2025
Advantage Solutions Debt-to-EBITDA Ratio Growth & History (ADV)
Advantage Solutions's debt-to-ebitda ratio was 22.51 for fiscal 2025.
View full Advantage Solutions company overviewAdvantage Solutions annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 22.51 | — | — |
| 2023 | 2023-12-31 | 7.48 | — | — |
| 2021 | 2021-12-31 | 4.48 | −2.59 | −36.63% |
| 2020 | 2020-12-31 | 7.06 | −0.37 | −5.02% |
| 2019 | 2019-12-31 | 7.44 | — | — |
Advantage Solutions quarterly debt-to-ebitda ratio
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.23
Q1.24
Q2.24
Q3.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 17.51 | −46.59 | −72.69% |
| Q1 2026 | 2026-03-31 | 16.15 | — | — |
| Q4 2025 | 2025-12-31 | 22.51 | — | — |
| Q3 2025 | 2025-09-30 | 24.50 | 6.77 | +38.18% |
| Q2 2025 | 2025-06-30 | 64.10 | 47.33 | +282.37% |
| Q3 2024 | 2024-09-30 | 17.73 | — | — |
| Q2 2024 | 2024-06-30 | 16.76 | — | — |
| Q1 2024 | 2024-03-31 | 8.45 | — | — |
| Q4 2023 | 2023-12-31 | 7.48 | — | — |
| Q3 2022 | 2022-09-30 | 4.91 | −1.17 | −19.27% |
| Q2 2022 | 2022-06-30 | 4.79 | −0.92 | −16.03% |
| Q1 2022 | 2022-03-31 | 4.50 | −2.06 | −31.37% |
| Q4 2021 | 2021-12-31 | 4.48 | −2.59 | −36.63% |
| Q3 2021 | 2021-09-30 | 6.08 | — | — |
| Q2 2021 | 2021-06-30 | 5.71 | — | — |
| Q1 2021 | 2021-03-31 | 6.56 | — | — |
| Q4 2020 | 2020-12-31 | 7.06 | — | — |
Advantage Solutions debt-to-ebitda ratio trends
Over the last five fiscal years, Advantage Solutions's debt-to-ebitda ratio increased from 7.06 to 22.51, a change of 15.45. The latest reported quarter, Q2 2026, shows 17.51.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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