Stocktoria

Vaxart, Inc. VXRT

OTC · stock · Biological Products, (No Diagnostic Substances) · website · IPO 1980-03-17

Vaxart, Inc. statistics & valuation

Market cap$136.1M
P / E8.3×
P / S0.6×
P / B1.6×
P / FCF18.0×
Net margin6.9%
Return on equity18.6%
FCF margin3.2%
Return on capital18.2%
Graham number +68.5%$0.76

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($0.76); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-330.30% -164.10% -433.00% -189.10% -796.30% -7900.20% -100708.40% -1117.60% -233.30% 6.90% 2017201720182019202020212022202320242025
Gross margin (%)
2017201720182019202020212022202320242025
Operating margin (%)
-309.00% -171.50% -523.10% -160.10% -745.70% -8156.10% -107090.70% -1129.50% -231.00% 7.60% 2017201720182019202020212022202320242025
Return on equity (%)
-157.20% -160.60% -144.00% -26.10% -37.60% -97.40% -142.70% -113.60% 18.60% 2017201720182019202020212022202320242025
Shares outstanding
38.6M 138492 7.1M 48.3M 110.3M 125.6M 134.2M 153.5M 227.8M 240.5M 2017201720182019202020212022202320242025
Net debt ($)
$14.3M $6.2M 2017201720182019202020212022202320242025
Share buybacks ($)
2017201720182019202020212022202320242025
Return on assets (%)
-73.30% -211.90% -51.10% -50.30% -21.10% -31.90% -70.00% -89.80% -40.20% 8.80% 2017201720182019202020212022202320242025
Free cash flow margin (%)
-174.00% -366.80% -141.40% -617.20% -7285.80% -97551.40% -980.10% -157.90% 3.20% 2017201720182019202020212022202320242025
Debt / equity (×)
1.58× 2017201720182019202020212022202320242025
EPS ($)
-$0.76 -$0.33 $0.07 2017201720182019202020212022202320242025

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)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2017
Operating margin7.6%-231.0%-1129.5%-107090.7%-8156.1%-745.7%-160.1%-523.1%-171.5%-309.0%
Net margin6.9%-233.3%-1117.6%-100708.4%-7900.2%-796.3%-189.1%-433.0%-164.1%-330.3%
FCF margin3.2%-157.9%-980.1%-97551.4%-7285.8%-617.2%-141.4%-366.8%-174.0%—
Return on assets8.8%-40.2%-89.8%-70.0%-31.9%-21.1%-50.3%-51.1%-211.9%-73.3%
Return on equity18.6%-113.6%-142.7%-97.4%-37.6%-26.1%-144.0%-160.6%24.7%-157.2%
Debt / equity———————1.58×-0.41×—
Current ratio1.570.753.325.5515.6910.931.921.960.836.76

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