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Phathom Pharmaceuticals, Inc. PHAT
Nasdaq · stock · Pharmaceutical Preparations · website · IPO 2019-10-25
Phathom Pharmaceuticals, Inc. statistics & valuation
Market cap$855.0M
P / S4.9×
Net margin-126.3%
FCF margin-95.4%
Net debt$79.1M
Enterprise value USD$934.1M
Earnings yield EBIT/EV-17.1%
Return on capital-125.9%
Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.
Profitability & efficiency
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)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 87.1% | 85.6% | 75.5% | — | — | — | — | — |
| Operating margin | -91.4% | -502.2% | -24532.6% | — | — | — | — | — |
| Net margin | -126.3% | -605.1% | -29558.9% | — | — | — | — | — |
| FCF margin | -95.4% | -483.1% | -20412.6% | — | — | — | — | — |
| Return on assets | -85.4% | -88.4% | -48.7% | -120.0% | -76.0% | -43.7% | -99.2% | -142.8% |
| Return on equity | 50.5% | 131.8% | 277.1% | 264.3% | -199.4% | -66.4% | -111.9% | 100.2% |
| Debt / equity | -0.48× | -0.79× | -1.89× | -1.27× | 1.24× | 0.24× | 0.10× | — |
| Current ratio | 1.73 | 4.20 | 10.25 | 6.12 | 9.86 | 5.25 | 68.20 | 0.41 |
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.