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Aquestive Therapeutics, Inc. AQST

Nasdaq · stock · Pharmaceutical Preparations · website · IPO 2018-07-25

Aquestive Therapeutics, Inc. statistics & valuation

Market cap$550.7M
P / S12.4×
Net margin-188.1%
FCF margin-119.0%
Net cash$76.2M
Enterprise value USD$474.6M
Earnings yield EBIT/EV-15%
Return on capital-63%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-13.40% -91.00% -125.90% -121.70% -138.80% -114.10% -15.60% -76.70% -188.10% 201720182019202020212022202320242025
Gross margin (%)
201720182019202020212022202320242025
Operating margin (%)
-0.20% -72.60% -100.10% -93.60% -68.20% -88.20% -29.90% -53.50% -159.50% 201720182019202020212022202320242025
Return on equity (%)
-608.90% 201720182019202020212022202320242025
Shares outstanding
25.0M 33.6M 34.6M 41.2M 54.8M 68.5M 91.4M 122.0M 201720182019202020212022202320242025
Net debt ($)
$20.7M $19.7M $21.1M -$26.5M -$76.2M 201720182019202020212022202320242025
Share buybacks ($)
201720182019202020212022202320242025
Return on assets (%)
-20.70% -70.70% -84.40% -88.70% -113.80% -95.30% -13.70% -43.50% -52.20% 201720182019202020212022202320242025
Free cash flow margin (%)
5.60% -22.00% -115.70% -100.30% -66.70% -22.70% -14.60% -62.40% -119.00% 201720182019202020212022202320242025
Debt / equity (×)
201720182019202020212022202320242025
EPS ($)
-$1.66 -$1.85 -$1.12 -$0.13 -$0.51 -$0.78 201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating margin-159.5%-53.5%-29.9%-88.2%-68.2%-93.6%-100.1%-72.6%-0.2%
Net margin-188.1%-76.7%-15.6%-114.1%-138.8%-121.7%-125.9%-91.0%-13.4%
FCF margin-119.0%-62.4%-14.6%-22.7%-66.7%-100.3%-115.7%-22.0%5.6%
Return on assets-52.2%-43.5%-13.7%-95.3%-113.8%-88.7%-84.4%-70.7%-20.7%
Return on equity248.9%73.4%7.4%45.9%85.9%115.0%1082.1%-608.9%33.8%
Debt / equity-1.34×-0.75×-0.42×-1.06×-11.43×
Current ratio3.144.682.241.012.152.113.682.251.83

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.