HALO Halozyme Therapeutics, Inc. - Common Stock
About Halozyme Therapeutics, Inc. - Common Stock Company overview from Wikipedia
HALO Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
HALO Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
HALO Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 2 12.5%
- Buy 10 62.5%
- Hold 4 25.0%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
9 analysts · 2026-08-14Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $2.28 | $1.87 | 0.41% |
| March 31, 2026 | $1.60 | $1.56 | 0.04% |
| Dec. 31, 2025 | $-0.24 | $2.24 | -2.5% |
| Sept. 30, 2025 | $1.72 | $1.66 | 0.06% |
| June 30, 2025 | $1.54 | $1.29 | 0.25% |
| March 31, 2025 | $1.11 | $0.97 | 0.14% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| HALO | $7.93B | 26.3 | 37.5% | 22.7% | 166.1% | — |
| BBIO | $14.90B | -20.2 | 126.3% | -146.0% | 41.2% | — |
| BMRN | $11.43B | 33.0 | 12.9% | 10.8% | 5.8% | — |
| EXEL | $11.44B | 15.7 | 7.0% | 33.7% | 37.3% | — |
| ARWR | $4.68B | -3449.0 | 23258.2% | -0.20% | -0.50% | — |
| MDGL | $13.30B | -45.3 | 432.1% | -30.1% | -44.4% | — |
| PRAX | $7.43B | -21.9 | 249.5% | — | -47.3% | — |
| CYTK | $7.81B | -9.7 | 376.6% | -891.6% | 152.7% | — |
| APGE | $5.16B | -17.9 | — | — | — | — |
| PTGX | $5.47B | -42.6 | -89.4% | -282.8% | -20.3% | — |
| KRYS | $7.20B | 36.0 | 33.9% | 52.6% | 18.1% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.40B | $1.02B | $829M | $660M | $443M | $268M | $196M | $152M | $317M | $147M | $135M | $75M | |
| Cost of Revenue | $229M | $159M | $192M | $139M | $81M | $43M | $46M | $10M | $31M | $33M | $29M | $23M | |
| R&D Expense | · | $79M | $76M | $67M | $36M | $34M | $141M | $150M | $151M | $151M | $93M | $80M | |
| SG&A Expense | $207M | $154M | $149M | $144M | $50M | $46M | $77M | $61M | $54M | $46M | $40M | $36M | |
| Operating Expenses | $928M | $464M | $492M | $393M | $167M | $123M | $264M | · | · | $230M | $163M | $138M | |
| Operating Income | $469M | $551M | $338M | $268M | $276M | $144M | $-68M | $-69M | $81M | $-83M | $-27M | $-63M | |
| Interest Expense | · | · | $19M | $17M | $8M | $20M | $12M | $18M | $22M | $20M | $5M | $6M | |
| Other Non-op | $21M | $24M | $16M | $1M | $1M | $5M | $7M | $8M | $3M | $1M | $422.0K | · | |
| Pretax Income | $467M | $557M | $348M | $249M | $249M | $129M | $-72M | $-80M | $62M | $-102M | $-32M | $-68M | |
| Income Tax | $150M | $113M | $67M | $47M | $-154M | $217.0K | $-11.0K | $537.0K | $-1M | $1M | $0 | $0 | |
| Net Income | $317M | $444M | $282M | $202M | $403M | $129M | $-72M | $-80M | $63M | $-103M | $-32M | $-68M | |
| EPS (Basic) | $2.64 | $3.50 | $2.13 | $1.48 | $2.86 | $0.95 | $-0.50 | $-0.56 | $0.46 | $-0.81 | $-0.25 | · | |
| EPS (Diluted) | $2.56 | $3.43 | $2.10 | $1.44 | $2.74 | $0.91 | $-0.50 | $-0.56 | $0.45 | $-0.81 | $-0.25 | · | |
| Shares (Basic) | 119,840,000 | 126,827,000 | 131,927,000 | 136,844,000 | 140,646,000 | 136,206,000 | 144,329,000 | 143,599,000 | 136,419,000 | 127,964,000 | 126,704,000 | · | |
| Shares (Diluted) | 123,904,000 | 129,424,000 | 134,197,000 | 140,608,000 | 146,796,000 | 141,463,000 | 144,329,000 | 143,599,000 | 139,068,000 | 127,964,000 | 126,704,000 | · | |
| EBITDA | $480M | $562M | $349M | $274M | $279M | $148M | $-64M | $-67M | $83M | $-81M | $-26M | $-61M |
Balance Sheet 26
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $134M | $116M | $118M | $234M | $119M | $148M | $120M | $58M | $169M | $67M | $43M | $61M | |
| Short-term Investments | · | · | · | · | · | · | $301M | $297M | $300M | $138M | $65M | $74M | |
| Receivables | $426M | $288M | $233M | $187M | $91M | $98M | $59M | $30M | $22M | $16M | $32M | $9M | |
| Inventory | $176M | $142M | $128M | $100M | $54M | $61M | $29M | $23M | $5M | $15M | $9M | $6M | |
| Prepaid Expense | $65M | $39M | $49M | $45M | $40M | $28M | $33M | $21M | $14M | $21M | $22M | $10M | |
| Current Assets | $825M | $1.09B | $746M | $739M | $926M | $555M | $543M | $428M | $510M | $257M | $172M | $161M | |
| PP&E (Net) | $44M | $41M | $38M | $35M | $7M | $7M | $11M | $7M | $4M | $4M | $4M | $3M | |
| PP&E (Gross) | $78M | $66M | $58M | $50M | $20M | $19M | $18M | $24M | $17M | $16M | $14M | $12M | |
| Accum. Depreciation | $33M | $25M | $20M | $15M | $13M | $12M | · | $16M | $14M | $12M | $10M | $9M | |
| Goodwill | $580M | $417M | $417M | $409M | $0 | · | · | · | · | · | · | · | |
| Intangibles | $981M | $402M | $473M | $547M | $0 | · | · | · | · | · | · | · | |
| Total Assets | $2.53B | $2.06B | $1.73B | $1.84B | $1.10B | $580M | $566M | $440M | $520M | $262M | $182M | $166M | |
| Accounts Payable | $21M | $10M | $12M | $18M | $2M | $2M | $6M | $4M | $8M | $4M | $4M | $3M | |
| Accrued Liabilities | $156M | $129M | $101M | $100M | $24M | $20M | $56M | $50M | $40M | $29M | $27M | $14M | |
| Current Liabilities | $177M | $139M | $112M | $131M | $117M | $421M | $86M | $149M | $131M | $55M | $62M | $24M | |
| Deferred Tax | $43M | $0 | $0 | · | $0 | · | $16M | $858.0K | $173.0K | $340.0K | $380.0K | $194.0K | |
| Other Non-current Liabilities | $114M | $55M | $38M | $33M | $544.0K | $3M | $4M | $2M | $814.0K | $358.0K | $4M | $3M | |
| Total Liabilities | $2.48B | $1.70B | $1.65B | $1.67B | · | · | · | · | · | · | · | · | |
| Long-term Debt | $2.14B | $1.51B | $1.50B | $1.51B | $787M | $0 | $383M | $35M | $125M | $199M | $28M | $50M | |
| Total Debt | $2.14B | $1.51B | $1.50B | $1.51B | $877M | $397M | $403M | $126M | $202M | $217M | $50M | $50M | |
| Common Stock | $118.0K | $123.0K | $127.0K | $135.0K | $138.0K | $135.0K | $137.0K | $145.0K | $143.0K | $130.0K | $128.0K | $126.0K | |
| Retained Earnings | $55M | $360M | $91M | $143M | $-59M | $-475M | $-604M | $-531M | $-522M | $-585M | $-483M | $-450M | |
| AOCI | $-18M | $4M | $-9M | $-922.0K | $-620.0K | $22.0K | $240.0K | $-277.0K | $-450.0K | $-6.0K | $-99.0K | $-41.0K | |
| Stockholders' Equity | $49M | $364M | $84M | $170M | $197M | $151M | $92M | $249M | $208M | $-32M | $43M | $41M | |
| Liabilities + Equity | $2.53B | $2.06B | $1.73B | $1.84B | $1.10B | $580M | $566M | $440M | $520M | $262M | $182M | $166M | |
| Shares Outstanding | 117,782,000 | 123,138,000 | 126,770,000 | 135,154,000 | 137,498,000 | 135,030,000 | 136,712,580 | 144,725,164 | 142,789,000 | 129,502,000 | 128,152,000 | 125,721,000 |
Cash Flow 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $11M | $10M | $11M | $6M | $3M | $3M | $4M | $2M | $2M | $2M | $2M | $2M | |
| Stock-based Comp | $52M | $43M | $37M | $24M | $21M | $17M | $35M | $36M | $31M | $26M | $21M | $15M | |
| Amort. of Intangibles | $77M | $71M | $74M | $43M | $0 | $0 | · | · | · | · | · | · | |
| Other Non-cash | $272M | $-19M | $59M | $7M | $-127M | $-94M | $-52M | $-7M | $38M | $25M | $-27M | $4M | |
| Operating Cash Flow | $652M | $479M | $389M | $240M | $299M | $55M | $-85M | $-50M | $134M | $-50M | $-37M | $-48M | |
| CapEx | $7M | $11M | $15M | $5M | $1M | $3M | $4M | $5M | $1M | $3M | $2M | $1M | |
| Investing Cash Flow | $-546M | $-263M | $-97M | $-487M | $-406M | $78M | $-6M | $2M | $-164M | $-77M | $6M | $-33M | |
| Stock Issued | · | · | · | · | · | · | $0 | $0 | $135M | $0 | $0 | $108M | |
| Stock Repurchased | $342M | $250M | $402M | $200M | $350M | $150M | $200M | $0 | $0 | · | · | · | |
| Net Stock Activity | $-342M | $-250M | $-402M | $-200M | $-350M | $-150M | $-200M | $0 | $135M | $0 | $0 | $108M | |
| Financing Cash Flow | $-85M | $-219M | $-408M | $362M | $78M | $-106M | $153M | $-64M | $132M | $151M | $13M | $115M | |
| Net Change in Cash | $21M | $-3M | $-116M | $115M | $-29M | $28M | $62M | $-111M | $102M | $23M | $-18M | $34M | |
| Taxes Paid | $135M | $81M | $32M | $16M | $-375.0K | $180.0K | · | · | · | · | · | · | |
| Free Cash Flow | $645M | $468M | $373M | $235M | $298M | $53M | $-89M | $-54M | $133M | $-54M | $-39M | $-49M | |
| Levered FCF | · | · | $358M | $222M | $286M | $33M | $-101M | $-72M | $110M | $-74M | · | · |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 33.6% | 54.3% | 40.7% | 40.5% | 62.2% | · | · | -45.6% | 25.6% | -56.7% | -20.3% | -83.7% | |
| Net Margin | 22.7% | 43.7% | 34.0% | 30.6% | 90.8% | · | · | -52.9% | 19.9% | -70.2% | -23.9% | -90.8% | |
| Pretax Margin | 33.4% | 54.9% | 42.0% | 37.7% | 56.1% | · | · | -52.5% | 19.5% | -69.4% | · | · | |
| EBITDA Margin | 34.4% | 55.3% | 42.0% | 41.5% | 62.9% | · | · | -44.1% | 26.3% | -55.1% | -19.1% | -81.3% | |
| ROA | 13.8% | 23.4% | 15.8% | 13.7% | 47.8% | 22.5% | -14.4% | -16.7% | 16.1% | -46.5% | -18.5% | -51.1% | |
| ROE | 166.1% | 108.8% | 169.1% | 151.5% | 168.3% | 103.2% | -42.9% | -32.9% | 71.6% | -1959.0% | -76.4% | -640.2% | |
| ROIC | 14.5% | 23.5% | 17.2% | 13.0% | 41.6% | 26.3% | -13.7% | -18.6% | 20.2% | -45.7% | · | · |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.7 | 7.8 | 6.6 | 5.7 | 7.9 | 1.3 | 6.3 | 2.9 | 3.9 | 4.7 | 2.8 | 6.6 | |
| Quick Ratio | 3.2 | 2.9 | 1.1 | 3.6 | 1.8 | 0.6 | 5.6 | 2.6 | 3.7 | 4.0 | 2.3 | 6.0 | |
| Debt / Equity | 43.9 | 4.1 | 17.9 | 8.9 | 4.5 | 2.6 | 4.4 | 0.5 | 1.0 | -6.7 | 1.2 | 1.2 | |
| LT Debt / Equity | 43.9 | 4.1 | 17.9 | 8.8 | 4.0 | 0.0 | 4.2 | 0.1 | 0.6 | -6.1 | 0.7 | 1.2 | |
| Interest Coverage | · | · | 18.0 | 15.8 | 36.7 | 7.1 | -5.8 | -3.8 | 3.7 | -4.2 | -5.3 | -11.3 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.6 | 0.5 | 0.5 | 0.4 | 0.5 | · | · | 0.3 | 0.8 | 0.7 | 0.8 | 0.6 | |
| Inventory Turnover | 1.4 | 1.2 | 1.7 | 1.8 | 1.4 | 1.0 | 1.8 | 0.7 | 3.2 | 2.8 | 3.7 | 3.6 | |
| Receivables Turnover | 3.9 | 3.9 | · | 4.1 | 4.7 | · | · | 5.8 | 16.7 | 6.1 | 6.5 | 8.3 |
Growth Rates 9
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 37.5% | 22.4% | 25.6% | 48.9% | 65.7% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 28.4% | 31.8% | 45.8% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 39.2% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -25.4% | 63.3% | 45.8% | -47.4% | 201.1% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 21.1% | 7.8% | 32.1% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 23.0% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -28.6% | 57.7% | 39.3% | -49.8% | 212.0% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 16.2% | 3.3% | 29.7% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 19.7% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.40B | $1.02B | $829M | $660M | $443M | $268M | $196M | $152M | $317M | $147M | $135M | $75M | |
| Net Income TTM | $317M | $444M | $282M | $202M | $403M | $129M | $-72M | $-80M | $63M | $-103M | $-32M | $-68M | |
| Market Cap | $7.93B | $5.89B | $4.69B | $7.69B | $5.53B | $5.77B | $2.42B | $2.09B | $2.89B | $1.28B | $2.22B | $1.21B | |
| Enterprise Value | $9.94B | $7.28B | $6.07B | $8.96B | $6.29B | $6.02B | $2.41B | $1.86B | $2.63B | $1.29B | $2.16B | $1.13B | |
| P/E | 26.3 | 13.9 | 17.6 | 39.5 | 14.7 | 46.9 | -35.5 | -26.1 | 45.0 | -12.2 | -69.3 | · | |
| P/S | 5.7 | 5.8 | 5.7 | 11.6 | 12.5 | 21.6 | 12.4 | 13.8 | 9.1 | 8.7 | 16.4 | 16.1 | |
| P/B | 162.4 | 16.2 | 55.9 | 45.3 | 28.1 | 38.2 | 26.4 | 8.4 | 13.9 | -39.4 | 51.6 | 29.3 | |
| P / Tangible Book | · | · | · | · | 28.1 | 38.2 | · | · | · | · | · | · | |
| P / Cash Flow | 12.2 | 12.3 | 12.1 | 32.0 | 18.5 | 104.0 | -28.4 | -42.2 | 21.6 | -25.4 | -59.9 | -25.5 | |
| P / FCF | 12.3 | 12.6 | 12.6 | 32.7 | 18.6 | 108.9 | -27.1 | -38.6 | 21.8 | -23.9 | -56.3 | -24.8 | |
| EV / EBITDA | 20.7 | 13.0 | 17.4 | 32.7 | 22.5 | 40.8 | -37.9 | -27.8 | 31.6 | -16.0 | -83.9 | -18.4 | |
| EV / FCF | 15.4 | 15.5 | 16.3 | 38.1 | 21.1 | 113.6 | -26.9 | -34.4 | 19.8 | -24.1 | -54.8 | -23.1 | |
| EV / Revenue | 7.1 | 7.2 | 7.3 | 13.6 | 14.2 | 22.5 | 12.3 | 12.3 | 8.3 | 8.8 | 16.0 | 15.0 | |
| Earnings Yield | 3.8% | 7.2% | 5.7% | 2.5% | 6.8% | 2.1% | -2.8% | -3.8% | 2.2% | -8.2% | -1.4% | · |
Income Statement 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $481M | $377M | $452M | $354M | $326M | $265M | $298M | $290M | $231M | $196M | $230M | $216M | $221M | $162M | $181M | $209M | |
| Cost of Revenue | $79M | $79M | $79M | $55M | $46M | $48M | $42M | $49M | $40M | $28M | $52M | $55M | $50M | $35M | $42M | $47M | |
| R&D Expense | $28M | $26M | · | $17M | $18M | $15M | · | $18M | $21M | $19M | · | $17M | $20M | $18M | $23M | $17M | |
| SG&A Expense | $57M | $58M | $77M | $46M | $42M | $42M | $42M | $41M | $36M | $35M | $38M | $35M | $39M | $37M | $38M | $34M | |
| Operating Expenses | $193M | $192M | $545M | $136M | $123M | $123M | $123M | $127M | $114M | $100M | $129M | $128M | $127M | $108M | $107M | $126M | |
| Operating Income | $288M | $185M | $-93M | $218M | $202M | $142M | $176M | $163M | $117M | $96M | $101M | $88M | $94M | $54M | $75M | $83M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $5M | · | $5M | $4M | $5M | · | $8M | |
| Other Non-op | $3M | $1M | $2M | $5M | $7M | $7M | $7M | $6M | $5M | $5M | $5M | $5M | $3M | $3M | $852.0K | $641.0K | |
| Pretax Income | $285M | $180M | $-101M | $219M | $205M | $144M | $178M | $165M | $118M | $96M | $101M | $102M | $93M | $52M | $71M | $74M | |
| Income Tax | $55M | $30M | $41M | $44M | $40M | $26M | $41M | $28M | $24M | $19M | $16M | $20M | $18M | $13M | $13M | $12M | |
| Net Income | $230M | $150M | $-142M | $175M | $165M | $118M | $137M | $137M | $93M | $77M | $85M | $82M | $75M | $40M | $58M | $62M | |
| EPS (Basic) | $1.96 | $1.27 | $-1.17 | $1.49 | $1.36 | $0.96 | $1.08 | $1.08 | $0.73 | $0.61 | $0.65 | $0.62 | $0.57 | $0.29 | $0.43 | $0.45 | |
| EPS (Diluted) | $1.90 | $1.22 | $-1.13 | $1.43 | $1.33 | $0.93 | $1.06 | $1.05 | $0.72 | $0.60 | $0.64 | $0.61 | $0.56 | $0.29 | $0.41 | $0.44 | |
| Shares (Basic) | 117,274,000 | 118,144,000 | -241,937,000 | 117,219,000 | 121,343,000 | 123,215,000 | -254,080,000 | 126,850,000 | 127,116,000 | 126,941,000 | -266,795,000 | 131,965,000 | 131,730,000 | 135,027,000 | -275,278,000 | 136,527,000 | |
| Shares (Diluted) | 121,215,000 | 122,875,000 | -249,229,000 | 122,331,000 | 124,158,000 | 126,644,000 | -258,819,000 | 130,134,000 | 129,222,000 | 128,887,000 | -271,329,000 | 134,083,000 | 133,543,000 | 137,900,000 | -282,272,000 | 139,387,000 | |
| EBITDA | $292M | $189M | · | $221M | $205M | $144M | · | $166M | $120M | $98M | · | $91M | $97M | $56M | · | $85M |
Balance Sheet 25
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $163M | $310M | $134M | $420M | $62M | $176M | $116M | $154M | $188M | $165M | $118M | $274M | $221M | $96M | · | $147M | |
| Receivables | $453M | $458M | $426M | $344M | $315M | $304M | $288M | $273M | $210M | $185M | · | $214M | $222M | $195M | · | $233M | |
| Inventory | $137M | $155M | $176M | $186M | $182M | $165M | $142M | $131M | $159M | $169M | · | $129M | $132M | $108M | · | $103M | |
| Prepaid Expense | $109M | $71M | $65M | $95M | $77M | $45M | $39M | $44M | $85M | $46M | · | $49M | $39M | $37M | · | $51M | |
| Current Assets | $933M | $1.00B | $825M | $1.33B | $1.12B | $1.26B | $1.09B | $1.13B | $988M | $874M | · | $879M | $766M | $615M | · | $653M | |
| PP&E (Net) | $50M | $47M | $44M | $41M | $40M | $40M | $41M | $40M | $40M | $42M | · | $37M | $36M | $39M | · | $31M | |
| PP&E (Gross) | $84M | $82M | $78M | $72M | $69M | $67M | $66M | $64M | $62M | $63M | · | $56M | $53M | $55M | · | $46M | |
| Accum. Depreciation | $34M | $35M | $33M | $31M | $29M | $27M | $25M | $24M | $22M | $21M | · | $18M | $17M | $16M | · | $15M | |
| Goodwill | $582M | $582M | $580M | $417M | $417M | $417M | $417M | $417M | $417M | $417M | · | $417M | $417M | $416M | · | $199M | |
| Intangibles | $922M | $952M | $981M | $349M | $366M | $384M | $402M | $420M | $437M | $455M | · | $491M | $511M | $529M | · | $949M | |
| Total Assets | $2.58B | $2.67B | $2.53B | $2.22B | $2.05B | $2.20B | $2.06B | $2.12B | $1.97B | $1.84B | · | $1.89B | $1.81B | $1.70B | · | $1.86B | |
| Accounts Payable | $24M | $14M | $21M | $15M | $19M | $20M | $10M | $12M | $15M | $13M | · | $19M | $10M | $9M | · | $18M | |
| Accrued Liabilities | $112M | $140M | $156M | $111M | $116M | $130M | $129M | $96M | $118M | $118M | · | $95M | $105M | $80M | · | $74M | |
| Current Liabilities | $344M | $363M | $177M | $837M | $134M | $150M | $139M | $109M | $133M | $132M | · | $115M | $116M | $92M | · | $109M | |
| Deferred Tax | $49M | $48M | $43M | $8M | · | · | $0 | $12M | $14M | · | · | · | · | · | · | $29M | |
| Other Non-current Liabilities | $103M | $106M | $114M | $72M | $78M | $56M | $55M | $40M | $31M | $31M | · | $28M | $31M | $30M | · | $5M | |
| Total Liabilities | $2.43B | $2.45B | $2.48B | $1.72B | $1.72B | $1.71B | $1.70B | $1.67B | $1.68B | $1.66B | · | $1.64B | $1.66B | $1.63B | · | · | |
| Long-term Debt | $2.15B | $2.14B | $2.14B | $1.51B | $1.51B | $1.51B | $1.51B | $1.50B | $1.50B | $1.50B | · | $1.50B | $1.50B | $1.49B | · | $1.50B | |
| Total Debt | $2.15B | $2.14B | · | $1.51B | $1.51B | $1.51B | · | $1.50B | $1.50B | $1.50B | · | $1.50B | $1.50B | $1.49B | · | $1.50B | |
| Common Stock | $114.0K | $118.0K | $118.0K | $118.0K | $118.0K | $123.0K | $123.0K | $127.0K | $127.0K | $127.0K | · | $132.0K | $132.0K | $132.0K | · | $135.0K | |
| Retained Earnings | $151M | $205M | $55M | $502M | $361M | $478M | $360M | $398M | $261M | $167M | · | $222M | $140M | $66M | · | $86M | |
| AOCI | $-8M | $-13M | $-18M | $-22M | $-28M | $-3M | $4M | $-7M | $-2M | $-1M | · | $1M | $-2M | $24.0K | · | $-2M | |
| Stockholders' Equity | $144M | $220M | $49M | $504M | $333M | $482M | $364M | $453M | $289M | $178M | $84M | $249M | $151M | $66M | $170M | $97M | |
| Liabilities + Equity | $2.58B | $2.67B | $2.53B | $2.22B | $2.05B | $2.20B | $2.06B | $2.12B | $1.97B | $1.84B | · | $1.89B | $1.81B | $1.70B | · | $1.86B | |
| Shares Outstanding | 114,042,000 | 118,523,000 | 117,782,000 | 117,523,000 | 117,621,000 | 123,170,000 | 123,138,000 | 127,183,000 | 126,535,000 | 127,186,000 | · | 132,081,000 | 131,856,000 | 131,662,000 | · | 135,211,000 |
Cash Flow 13
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $4M | $4M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $2M | $3M | $3M | $3M | $3M | $3M | $2M | |
| Stock-based Comp | $18M | $17M | $17M | $12M | $12M | $11M | $11M | $13M | $9M | $10M | $10M | $9M | $10M | $8M | $7M | $7M | |
| Amort. of Intangibles | $30M | $30M | $23M | $18M | $18M | $18M | $18M | $18M | $18M | $18M | $18M | $20M | $18M | $18M | $5M | $27M | |
| Other Non-cash | · | $9M | · | · | · | $23M | · | · | · | $40M | · | · | · | $37M | · | · | |
| Operating Cash Flow | $241M | $180M | $219M | $179M | $100M | $154M | $178M | $115M | $56M | $129M | $102M | $132M | $67M | $87M | $82M | $70M | |
| CapEx | $4M | $4M | $1M | $3M | $2M | $950.0K | $3M | $2M | $3M | $4M | $3M | $3M | $-2M | $11M | $2M | $1M | |
| Investing Cash Flow | $-63M | $-3M | $-742M | $202M | $85M | $-90M | $29M | $-167M | $-42M | $-83M | $-8M | $-83M | $55M | $-60M | $-2M | $-1M | |
| Stock Repurchased | · | · | $0 | $39M | · | · | $250M | $0 | $0 | $0 | $252M | $0 | $0 | $150M | $1.0K | $200M | |
| Net Stock Activity | · | · | · | · | · | · | · | · | · | $0 | · | · | · | $-150M | · | · | |
| Financing Cash Flow | $-326M | $-2M | $240M | $-22M | $-299M | $-3M | $-246M | $19M | $9M | $-489.0K | $-250M | $4M | $2M | $-165M | $6M | $-12M | |
| Net Change in Cash | $-148M | $176M | $-283M | $358M | $-114M | $60M | $-38M | $-34M | $23M | $46M | $-156M | $53M | $124M | $-138M | $87M | $56M | |
| Free Cash Flow | · | $176M | · | · | · | $153M | · | · | · | $126M | · | · | · | $76M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $122M | · | · | · | $72M | · | · |
Profitability 7
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 59.8% | 49.0% | · | 61.5% | 62.2% | 53.4% | · | 56.3% | 50.7% | 48.8% | · | 40.9% | 42.7% | 33.2% | · | 39.9% | |
| Net Margin | 47.8% | 39.8% | · | 49.5% | 50.7% | 44.6% | · | 47.2% | 40.3% | 39.2% | · | 37.9% | 33.8% | 24.4% | · | 29.5% | |
| Pretax Margin | 59.2% | 47.9% | · | 61.8% | 62.9% | 54.3% | · | 56.9% | 50.9% | 49.0% | · | 47.1% | 42.1% | 32.2% | · | 35.3% | |
| EBITDA Margin | 60.7% | 50.1% | · | 62.3% | 63.0% | 54.4% | · | 57.1% | 51.8% | 50.0% | · | 42.1% | 44.0% | 34.8% | · | 40.8% | |
| ROA | 9.9% | 6.2% | · | 8.1% | 8.2% | 5.9% | · | 6.8% | 4.9% | 4.3% | · | 4.4% | 4.2% | 2.8% | · | 4.0% | |
| ROE | 96.5% | 42.8% | · | 36.6% | 53.1% | 35.8% | · | 39.0% | 42.3% | 63.1% | · | 47.3% | 33.7% | 24.3% | · | 32.6% | |
| ROIC | 10.1% | 6.5% | · | 8.7% | 8.9% | 5.8% | · | 6.9% | 5.2% | 4.5% | · | 4.1% | 4.6% | 2.6% | · | 4.3% |
Liquidity & Solvency 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.7 | 2.8 | · | 1.6 | 8.4 | 8.4 | · | 10.4 | 7.4 | 6.6 | · | 7.6 | 6.6 | 6.7 | · | 6.0 | |
| Quick Ratio | 1.8 | 2.1 | · | 0.9 | 2.8 | 3.2 | · | 3.9 | 3.0 | 2.7 | · | 4.2 | 3.8 | 3.2 | · | 3.5 | |
| Debt / Equity | 15.0 | 9.8 | · | 3.0 | 4.5 | 3.1 | · | 3.3 | 5.2 | 8.4 | · | 6.0 | 9.9 | 22.7 | · | 15.5 | |
| LT Debt / Equity | 13.5 | 8.8 | · | 1.6 | 4.5 | 3.1 | · | 3.3 | 5.2 | 8.4 | · | 6.0 | 9.9 | 22.7 | · | 15.4 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | 21.2 | · | 19.6 | 21.0 | 11.8 | · | 11.1 |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Inventory Turnover | 0.5 | 0.5 | · | 0.3 | 0.3 | 0.3 | · | 0.4 | 0.3 | 0.2 | · | 0.5 | 0.4 | 0.5 | · | 0.6 | |
| Receivables Turnover | 1.3 | 1.0 | · | 1.1 | 1.2 | 1.1 | · | 1.2 | 1.1 | 1.0 | · | 1.0 | 1.1 | 1.1 | · | 1.2 |
Valuation (TTM) 13
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.54B | $1.32B | · | $1.23B | $1.11B | $982M | · | $933M | $864M | $795M | · | $808M | $745M | $676M | · | · | |
| Net Income TTM | $720M | $609M | · | $595M | $514M | $425M | · | $389M | $327M | $273M | · | $258M | $199M | $147M | · | · | |
| Market Cap | $8.93B | $7.66B | · | $8.62B | $6.12B | $7.86B | · | $7.28B | $6.63B | $5.17B | · | $5.05B | $4.76B | $5.03B | · | $5.35B | |
| Enterprise Value | $10.91B | $9.50B | · | $9.71B | $7.57B | $9.19B | · | $8.63B | $7.94B | $6.51B | · | $6.27B | $6.03B | $6.43B | · | $6.70B | |
| P/E | 13.3 | 13.2 | · | 15.5 | 12.9 | 19.3 | · | 19.2 | 21.0 | 19.7 | · | 20.1 | 24.9 | 36.4 | · | · | |
| P/S | 5.8 | 5.8 | · | 7.0 | 5.5 | 8.0 | · | 7.8 | 7.7 | 6.5 | · | 6.2 | 6.4 | 7.4 | · | · | |
| P/B | 62.2 | 34.9 | · | 17.1 | 18.4 | 16.3 | · | 16.1 | 22.9 | 29.1 | · | 20.2 | 31.5 | 76.4 | · | 55.1 | |
| P / Cash Flow | · | 42.5 | · | · | · | 51.0 | · | · | · | 40.0 | · | · | · | 57.8 | · | · | |
| P / FCF | · | 43.4 | · | · | · | 51.3 | · | · | · | 41.1 | · | · | · | 66.5 | · | · | |
| EV / EBITDA | 37.3 | 50.3 | · | 44.0 | 36.9 | 63.7 | · | 52.1 | 66.3 | 66.4 | · | 68.9 | 62.0 | 113.9 | · | 78.6 | |
| EV / FCF | · | 53.8 | · | · | · | 60.0 | · | · | · | 51.7 | · | · | · | 85.0 | · | · | |
| EV / Revenue | 7.1 | 7.2 | · | 7.9 | 6.8 | 9.4 | · | 9.2 | 9.2 | 8.2 | · | 7.8 | 8.1 | 9.5 | · | · | |
| Earnings Yield | 7.5% | 7.6% | · | 6.5% | 7.8% | 5.2% | · | 5.2% | 4.8% | 5.1% | · | 5.0% | 4.0% | 2.8% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $1.40B | $1.02B | $829M | $660M | $443M |
| Operating Margin % | 33.6% | 54.3% | 40.7% | 40.5% | 62.2% |
| Net Income | $317M | $444M | $282M | $202M | $403M |
| Diluted EPS | $2.56 | $3.43 | $2.10 | $1.44 | $2.74 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 43.9 | 4.1 | 17.9 | 8.9 | 4.5 |
| Current Ratio | 4.7 | 7.8 | 6.6 | 5.7 | 7.9 |
| Quick Ratio | 3.2 | 2.9 | 1.1 | 3.6 | 1.8 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $645M | $468M | $373M | $235M | $298M |
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Institutional owners (13F) 723 filers · $5.8B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 101 (-11 vs prior Q) | 62 (0 vs prior Q) | 257 (+32 vs prior Q) | 201 (-8 vs prior Q) | +11.7M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $418,847,190 | 5,351,312 | 7.23% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $414,753,356 | 5,299,008 | 7.15% | Shares |
| STATE STREET CORP | $405,379,779 | 5,179,434 | 6.99% | Shares |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $196,539,884 | 2,511,050 | 3.39% | Shares |
| SNYDER CAPITAL MANAGEMENT L P | $187,542,825 | 2,396,101 | 3.24% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $161,871,438 | 2,067,539 | 2.79% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $151,690,000 | 1,938,035 | 2.62% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $149,867,562 | 1,914,752 | 2.59% | Shares |
| BANK OF AMERICA CORP /DE/ | $141,963,308 | 1,813,764 | 2.45% | Shares |
| ROYAL LONDON ASSET MANAGEMENT LTD | $141,732,491 | 1,810,815 | 2.44% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $133,420,842 | 1,704,623 | 2.30% | Shares |
| TWO SIGMA INVESTMENTS, LP | $129,402,617 | 1,653,285 | 2.23% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $116,700,910 | 1,491,004 | 2.01% | Shares |
| NORGES BANK | $116,125,129 | 1,483,648 | 2.00% | Shares |
| FIRST TRUST ADVISORS LP | $110,913,469 | 1,417,063 | 1.91% | Shares |
| ALLIANCEBERNSTEIN L.P. | $109,647,251 | 1,696,538 | 1.89% | Shares |
| Stephens Investment Management Group LLC | $109,015,943 | 1,392,819 | 1.88% | Shares |
| CONGRESS ASSET MANAGEMENT CO | $96,202,127 | 1,229,106 | 1.66% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $92,656,000 | 1,183,799 | 1.60% | Shares |
| TD Asset Management Inc | $87,328,187 | 1,115,730 | 1.51% | Shares |
| Caisse de depot et placement du Quebec | $83,939,801 | 1,072,439 | 1.45% | Shares |
| Assenagon Asset Management S.A. | $78,085,518 | 997,643 | 1.35% | Shares |
| Mizuho Markets Cayman LP | $65,316,315 | 834,500 | 1.13% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $59,930,713 | 765,692 | 1.03% | Shares |
| Gotham Asset Management, LLC | $57,862,898 | 739,273 | 1.00% | Shares |
| Boston Trust Walden Corp | $49,923,111 | 637,832 | 0.86% | Shares |
| KENNEDY CAPITAL MANAGEMENT LLC | $42,656,680 | 544,994 | 0.74% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $41,396,142 | 528,889 | 0.71% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $40,477,956 | 517,158 | 0.70% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $37,539,153 | 479,611 | 0.65% | Shares |
| Bridgewater Associates, LP | $36,250,437 | 463,146 | 0.63% | Shares |
| RENAISSANCE GROUP LLC | $35,005,643 | 447,242 | 0.60% | Shares |
| JANUS HENDERSON GROUP PLC | $33,624,985 | 520,269 | 0.58% | Shares |
| Fisher Asset Management, LLC | $33,477,096 | 427,713 | 0.58% | Shares |
| Arbejdsmarkedets Tillaegspension | $32,505,531 | 415,300 | 0.56% | Shares |
| MetLife Investment Management, LLC | $31,511,893 | 402,605 | 0.54% | Shares |
| MIZUHO MARKETS AMERICAS LLC | $30,766,450 | 393,081 | 0.53% | Shares |
| Retirement Systems of Alabama | $27,586,575 | 352,454 | 0.48% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $26,812,936 | 342,570 | 0.46% | Shares |
| RHUMBLINE ADVISERS | $25,886,502 | 330,734 | 0.45% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $25,232,448 | 322,377 | 0.44% | Shares |
| OBERWEIS ASSET MANAGEMENT INC/ | $25,127,018 | 321,030 | 0.43% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $24,883,911 | 317,924 | 0.43% | Shares |
| GOLDMAN SACHS GROUP INC | $24,435,268 | 312,192 | 0.42% | Shares |
| CITADEL ADVISORS LLC | $22,627,074 | 289,090 | 0.39% | Shares |
| California Public Employees Retirement System | $22,124,737 | 282,672 | 0.38% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $21,063,640 | 269,115 | 0.36% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $20,978,160 | 268,023 | 0.36% | Shares |
| NEUBERGER BERMAN GROUP LLC | $20,761,665 | 265,257 | 0.36% | Shares |
| Cresset Asset Management, LLC | $20,423,539 | 260,937 | 0.35% | Shares |
| AMERIPRISE FINANCIAL INC | $20,048,470 | 256,145 | 0.35% | Shares |
| BARCLAYS PLC | $20,036,650 | 255,994 | 0.35% | Shares |
| South Street Advisors LLC | $18,682,188 | 238,689 | 0.32% | Shares |
| Swiss National Bank | $18,604,779 | 237,700 | 0.32% | Shares |
| Clark Capital Management Group, Inc. | $18,155,197 | 231,956 | 0.31% | Shares |
| RAYMOND JAMES FINANCIAL INC | $17,432,216 | 222,719 | 0.30% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $16,010,601 | 204,556 | 0.28% | Shares |
| LPL Financial LLC | $15,932,385 | 203,557 | 0.27% | Shares |
| Swedbank AB | $15,838,874 | 202,362 | 0.27% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $14,832,165 | 189,500 | 0.26% | Call option |
| Corient Private Wealth LP | $14,671,472 | 187,447 | 0.25% | Shares |
| KORNITZER CAPITAL MANAGEMENT INC /KS | $14,587,571 | 186,375 | 0.25% | Shares |
| Mesirow Institutional Investment Management, Inc. | $14,445,696 | 302,148 | 0.25% | Shares |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $14,032,868 | 181,820 | 0.24% | Shares |
| BlackRock, Inc. | $13,794,774 | 176,246 | 0.24% | Shares |
| ASSETMARK, INC | $13,645,122 | 174,334 | 0.24% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $13,623,754 | 174,061 | 0.24% | Shares |
| Quantinno Capital Management LP | $13,037,160 | 166,566 | 0.22% | Shares |
| Susquehanna Portfolio Strategies, LLC | $13,032,190 | 166,503 | 0.22% | Shares |
| Focus Partners Wealth | $12,760,854 | 163,036 | 0.22% | Shares |
| Congress Wealth Management LLC / DE / | $12,754,131 | 245,177 | 0.22% | Shares |
| INTECH INVESTMENT MANAGEMENT LLC | $12,702,594 | 162,292 | 0.22% | Shares |
| Glenmede Investment Management, LP | $12,666,624 | 172,711 | 0.22% | Shares |
| HARVEY CAPITAL MANAGEMENT INC | $11,436,265 | 146,113 | 0.20% | Shares |
| UBS Group AG | $11,319,173 | 144,617 | 0.20% | Shares |
| Future Fund LLC | $11,114,888 | 142,007 | 0.19% | Shares |
| GLENMEDE TRUST CO NA | $10,836,090 | 138,445 | 0.19% | Shares |
| Hudson Bay Capital Management LP | $10,566,450 | 135,000 | 0.18% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $10,378,602 | 132,600 | 0.18% | Shares |
| Hodges Capital Management Inc. | $10,337,197 | 132,071 | 0.18% | Shares |
| Portolan Capital Management, LLC | $9,979,268 | 127,498 | 0.17% | Shares |
| MARSHALL WACE, LLP | $9,882,683 | 126,264 | 0.17% | Shares |
| CAPTRUST FINANCIAL ADVISORS | $9,857,805 | 125,946 | 0.17% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $9,783,750 | 125,000 | 0.17% | Put option |
| LAZARD ASSET MANAGEMENT LLC | $9,185,767 | 117,360 | 0.16% | Shares |
| Panoramic Capital, LLC | $9,111,880 | 116,416 | 0.16% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $8,892,646 | 113,615 | 0.15% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $8,812,042 | 136,346 | 0.15% | Shares |
| TWO SIGMA ADVISERS, LP | $8,695,160 | 129,200 | 0.15% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $8,565,477 | 109,435 | 0.15% | Shares |
| Steamboat Capital Partners, LLC | $8,481,807 | 108,366 | 0.15% | Shares |
| Artemis Investment Management LLP | $8,475,389 | 108,284 | 0.15% | Shares |
| AMERICAN CENTURY COMPANIES INC | $8,423,339 | 107,619 | 0.15% | Shares |
| D. E. Shaw & Co., Inc. | $8,406,981 | 107,410 | 0.15% | Shares |
| Woodline Partners LP | $8,152,760 | 104,162 | 0.14% | Shares |
| CITADEL ADVISORS LLC | $7,725,249 | 98,700 | 0.13% | Call option |
| Cutter Capital Management, LP | $7,657,200 | 120,000 | 0.13% | Shares |
| ArrowMark Colorado Holdings LLC | $7,610,192 | 97,230 | 0.13% | Shares |
| Livforsakringsbolaget Skandia, Omsesidigt | $7,503,543 | 116,100 | 0.13% | Shares |
| FIFTH THIRD BANCORP | $7,488,901 | 95,681 | 0.13% | Shares |
Company insiders 46 insiders · 24 officers · 16 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Helen Torley | PRESIDENT AND CEO | July 8, 2026 M | 767,780 | 0 | 55 | $-22,823,911 |
| Gregory Ian Frost | CEO, President | Aug. 12, 2013 M | 3,591,380 | 0 | 0 | $0 |
| Darren Snellgrove | SVP, Chief Financial Officer | July 1, 2026 A | — | 0 | 0 | $0 |
| Nicole Labrosse | SVP, CHIEF FINANCIAL OFFICER | Feb. 23, 2026 M | 38,494 | 0 | 0 | $0 |
| Laurie Stelzer | SVP, Chief Financial Officer | Feb. 22, 2020 M | 116,167 | 0 | 0 | $0 |
| Kurt A Gustafson | VP, Chief Financial Officer | Feb. 2, 2012 A | — | 0 | 0 | $0 |
| Cortney Caudill | SVP, CHIEF OPERATING OFFICER | March 10, 2026 M | 7,055 | 0 | 4 | $-2,233,042 |
| Mark J Gergen | SVP, Chief Operating Officer | Feb. 22, 2017 A | — | 0 | 0 | $0 |
| David A Ramsay | EVP, PRESIDENT, DRUG DELIVERY | July 1, 2026 A | 4,592 | 0 | 0 | $0 |
| Mark Howard Snyder | SVP, CHIEF LEGAL OFFICER | June 12, 2026 M | 49,929 | 0 | 0 | $0 |
| Michael J. Labarre | SVP, Chief Technical Officer | Feb. 16, 2022 A | 173,137 | 0 | 0 | $0 |
| Masaru Matsuda | SVP, General Counsel | Sept. 4, 2021 M | 20,049 | 0 | 0 | $0 |
| Benjamin Hickey | SVP, Chief Commerical Officer | Oct. 1, 2019 M | 13,226 | 0 | 0 | $0 |
| Dimitrios Chondros | SVP, Chief Medical Officer | Aug. 3, 2019 S | 38,584 | 0 | 0 | $0 |
| Alison A. Armour | SVP, Research & Development | June 3, 2019 A | — | 0 | 0 | $0 |
| Harry J Leonhardt | SVP, GC | April 13, 2019 M | 66,373 | 0 | 0 | $0 |
| Athena Countouriotis | SVP and Chief Medical Officer | Feb. 22, 2017 A | 39,077 | 0 | 0 | $0 |
| James P Shaffer | VP & Chief Commercial Officer | Feb. 6, 2014 A | 54,025 | 0 | 0 | $0 |
| Jean I Liu | VP & General Counsel | Feb. 6, 2014 A | 20,869 | 0 | 0 | $0 |
| Michael H. Shepard | VP & Chief Scientific Officer | Feb. 2, 2012 A | — | 0 | 0 | $0 |
| William J Fallon | VP, Manufacturing & Operations | May 10, 2011 A | — | 0 | 0 | $0 |
| Richard C Yocum | VP Clinical Development | March 21, 2007 M | 65,975 | 0 | 0 | $0 |
| Don A Kennard | Vice President, Regulatory Aff | Feb. 5, 2007 A | 3,000 | 0 | 0 | $0 |
| Carolyn Rynard | Vice President | Feb. 9, 2005 M | 100,000 | 0 | 0 | $0 |
| Mahesh Krishnan | Director | June 29, 2026 M | 14,462 | 0 | 1 | $-547,800 |
| James Paul Lang | Director | May 5, 2026 A | 4,685 | 0 | 0 | $0 |
| Matthew L. Posard | Director | May 5, 2026 A | 77,835 | 0 | 0 | $0 |
| Barbara Gayle Duncan | Director | May 5, 2026 A | 23,715 | 0 | 0 | $0 |
| Jeffrey William Henderson | Director | May 5, 2026 A | 36,572 | 0 | 0 | $0 |
| Jean-Pierre Bizzari | Director | May 5, 2022 A | 58,750 | 0 | 0 | $0 |
| Akiko Moni Miyashita | Director | May 5, 2022 A | 6,206 | 0 | 0 | $0 |
| James M Daly | Director | May 5, 2022 A | 32,438 | 0 | 0 | $0 |
| Connie Matsui | Director | May 5, 2022 A | 188,189 | 0 | 0 | $0 |
| Kenneth J Kelley | Director | April 14, 2021 S | 179,833 | 0 | 0 | $0 |
| Kathryn E Falberg | Director | May 4, 2016 A | 358,253 | 0 | 0 | $0 |
| John Stuart Patton | Director | Aug. 19, 2014 M | 179,876 | 0 | 0 | $0 |
| Robert L Engler MD | Director | Aug. 14, 2014 M | 273,176 | 0 | 0 | $0 |
| Steven T Thornton | Director | June 15, 2007 M | 15,000 | 0 | 0 | $0 |
| RANDAL J. KIRK | 10% owner | July 27, 2018 S | 3,616,655 | 0 | 0 | $0 |
| Bernadette Connaughton | — | Aug. 10, 2026 S | 40,418 | 0 | 8 | $-839,371 |
| Elaine D Sun | — | April 1, 2021 M | 14,018 | 0 | 0 | $0 |
| Jonathan E Lim | — | Feb. 5, 2009 A | 700,000 | 0 | 0 | $0 |
| Robert J Little | — | Feb. 5, 2009 A | 4,000 | 0 | 0 | $0 |
| Matthew Hooper | — | Nov. 12, 2007 A | — | 0 | 0 | $0 |
| Mitch Keeler | — | March 10, 2004 J | 15,000 | 0 | 0 | $0 |
| Mellissa Day | — | March 10, 2004 J | 999 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| RANDAL J. KIRK ×14 filings | Nov. 5, 2019 | — | Initial filing | — | SEC |
| Undisclosed reporting person | May 6, 2004 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 122 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PBE · Invesco Exchange-Traded Fund Trust | 3.59% | 126,229 SH | Aug. 8, 2026 | Daily |
| SCAP · Series Portfolios Trust | 2.81% | 8,596 NS | May 31, 2026 | N-PORT |
| GRPM · Invesco Exchange-Traded Fund Trust | 2.70% | 133,133 SH | Aug. 8, 2026 | Daily |
| RFG · Invesco Exchange-Traded Fund Trust | 2.46% | 85,715 SH | Aug. 8, 2026 | Daily |
| CSMD · Professionally Managed Portfolios | 2.30% | 156,567 NS | April 30, 2026 | N-PORT |
| AZTD · Tidal Trust I | 1.76% | 12,120 NS | April 30, 2026 | N-PORT |
| BBP · ETFis Series Trust I | 1.63% | 15,211 NS | April 30, 2026 | N-PORT |
| FFND · Northern Lights Fund Trust II | 1.39% | 21,462 NS | May 31, 2026 | N-PORT |
| JMID · Janus Detroit Street Trust | 1.26% | 3,618 NS | April 30, 2026 | N-PORT |
| CANC · Tema ETF Trust | 1.23% | 32,598 NS | May 31, 2026 | N-PORT |
| SAWS · ETF Series Solutions | 1.11% | 1,232 NS | April 30, 2026 | N-PORT |
| BUL · Pacer Funds Trust | 0.94% | 18,816 NS | April 30, 2026 | N-PORT |
| JSMD · Janus Detroit Street Trust | 0.94% | 144,590 NS | April 30, 2026 | N-PORT |
| ILDR · First Trust Exchange-Traded Fund VI… | 0.93% | 40,132 NS | May 31, 2026 | N-PORT |
| LABU · Direxion Shares ETF Trust | 0.90% | 73,023 NS | April 30, 2026 | N-PORT |
| ROE · EA Series Trust | 0.87% | 33,876 NS | May 29, 2026 | N-PORT |
| ALIL · EA Series Trust | 0.86% | 3,320 NS | May 29, 2026 | N-PORT |
| FXH · First Trust Exchange-Traded AlphaDE… | 0.85% | 117,113 NS | April 30, 2026 | N-PORT |
| IBBQ · Invesco Exchange-Traded Fund Trust … | 0.83% | 6,454 SH | Aug. 8, 2026 | Daily |
| IBB · iShares Trust | 0.78% | 862,036 SH | Aug. 8, 2026 | Daily |
| COWG · Pacer Funds Trust | 0.74% | 253,492 NS | April 30, 2026 | N-PORT |
| AFMC · First Trust Exchange-Traded Fund VI… | 0.64% | 15,633 NS | May 31, 2026 | N-PORT |
| LSEQ · Harbor ETF Trust | 0.59% | 1,427 NS | April 30, 2026 | N-PORT |
| MMSC · First Trust Exchange-Traded Fund VI… | 0.58% | 4,569 NS | May 31, 2026 | N-PORT |
| AGNG · Global X Funds | 0.56% | 6,843 NS | May 31, 2026 | N-PORT |
| IJK · iShares Trust | 0.54% | 693,226 SH | Aug. 8, 2026 | Daily |
| IVOG · VANGUARD ADMIRAL FUNDS | 0.49% | 117,038 SH | Aug. 8, 2026 | Daily |
| SMDX · Tidal Trust III | 0.46% | 9,165 NS | April 30, 2026 | N-PORT |
| SIXL · EXCHANGE TRADED CONCEPTS TRUST | 0.43% | 12,111 NS | May 31, 2026 | N-PORT |
| NUSC · Nushares ETF Trust | 0.43% | 86,197 NS | April 30, 2026 | N-PORT |
| ABOT · Abacus FCF ETF Trust | 0.41% | 282 NS | April 30, 2026 | N-PORT |
| BIB · ProShares Trust | 0.39% | 4,364 NS | May 31, 2026 | N-PORT |
| FNY · First Trust Exchange-Traded AlphaDE… | 0.39% | 31,828 NS | April 30, 2026 | N-PORT |
| QGRO · AMERICAN CENTURY ETF TRUST | 0.38% | 125,473 NS | May 31, 2026 | N-PORT |
| AFSM · First Trust Exchange-Traded Fund VI… | 0.35% | 5,253 NS | May 31, 2026 | N-PORT |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.34% | 14,758 SH | Aug. 8, 2026 | Daily |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.34% | 23,144 NS | April 30, 2026 | N-PORT |
| SMLF · iShares Trust | 0.33% | 161,079 SH | Aug. 8, 2026 | Daily |
| XJH · iShares Trust | 0.32% | 16,037 SH | Aug. 8, 2026 | Daily |
| ISCV · iShares Trust | 0.32% | 26,095 SH | Aug. 8, 2026 | Daily |
| MIDE · DBX ETF Trust | 0.31% | 158 NS | May 29, 2026 | N-PORT |
| IQSM · New York Life Investments ETF Trust | 0.31% | 15,405 NS | April 30, 2026 | N-PORT |
| SMMV · iShares Trust | 0.30% | 10,318 SH | Aug. 8, 2026 | Daily |
| GQQQ · EA Series Trust | 0.29% | 6,432 NS | May 29, 2026 | N-PORT |
| IWP · iShares Trust | 0.29% | 678,051 SH | Aug. 8, 2026 | Daily |
| IJH · iShares Trust | 0.28% | 4,092,514 SH | Aug. 8, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.27% | 74,228 SH | Aug. 8, 2026 | Daily |
| VBK · VANGUARD INDEX FUNDS | 0.25% | 1,570,798 SH | Aug. 8, 2026 | Daily |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.25% | 191,789 SH | Aug. 8, 2026 | Daily |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.24% | 16,701 NS | April 30, 2026 | N-PORT |