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Eton Pharmaceuticals, Inc. ETON

Nasdaq · stock · Pharmaceutical Preparations · website · IPO 2018-11-09

Eton Pharmaceuticals, Inc. statistics & valuation

Market cap$977.9M
P / S12.2×
P / B37.4×
P / FCF96.0×
Net margin-5.8%
Return on equity-17.6%
FCF margin12.7%
Net cash$4.2M
Net debt / EBITDA-1.3×
Enterprise value USD$973.7M
Earnings yield EBIT/EV-0.1%
Return on capital-1.6%

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 (%)
-1910.30% -71717.90% -9.00% -42.40% -3.00% -9.80% -5.80% 20182019202020212022202320242025
Gross margin (%)
52.80% -1017.90% 87.10% 67.40% 66.60% 60.00% 53.50% 20182019202020212022202320242025
Operating margin (%)
-1939.60% -69515.40% -6.80% -38.90% -3.80% -6.70% -1.10% 20182019202020212022202320242025
Return on equity (%)
-48.40% -173.60% -158.70% -11.10% -69.00% -6.00% -15.70% -17.60% 20182019202020212022202320242025
Shares outstanding
17.6M 17.9M 24.3M 25.2M 25.4M 25.7M 26.7M 27.0M 20182019202020212022202320242025
Net debt ($)
-$7.5M -$14.8M -$9.1M -$10.9M -$21.4M $14.9M -$4.2M 20182019202020212022202320242025
Share buybacks ($)
20182019202020212022202320242025
Return on assets (%)
-45.00% -107.30% -106.30% -7.10% -36.00% -2.90% -5.00% -5.00% 20182019202020212022202320242025
Free cash flow margin (%)
-1994.00% -57425.60% -21.70% 22.50% 21.50% 2.40% 12.70% 20182019202020212022202320242025
Debt / equity (×)
0.43× 0.37× 0.30× 0.41× 0.00× 1.22× 0.83× 20182019202020212022202320242025
EPS ($)
20182019202020212022202320242025

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)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin53.5%60.0%66.6%67.4%87.1%-1017.9%52.8%—
Operating margin-1.1%-6.7%-3.8%-38.9%-6.8%-69515.4%-1939.6%—
Net margin-5.8%-9.8%-3.0%-42.4%-9.0%-71717.9%-1910.3%—
FCF margin12.7%2.4%21.5%22.5%-21.7%-57425.6%-1994.0%—
Return on assets-5.0%-5.0%-2.9%-36.0%-7.1%-106.3%-107.3%-45.0%
Return on equity-17.6%-15.7%-6.0%-69.0%-11.1%-158.7%-173.6%-48.4%
Debt / equity0.83×1.22×0.00×0.41×0.30×0.37×0.43×—
Current ratio1.572.061.653.105.186.517.6513.59

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