What is Alumis Inc.'s debt-to-equity?

Alumis Inc. (ALMS) reported debt-to-equity of 0.1× in Q1 2026.

How has Alumis Inc.'s debt-to-equity changed year-over-year?

Alumis Inc.'s debt-to-equity increased by 487.9% year-over-year, from 0× to 0.1×.

What does debt-to-equity mean?

Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

Alumis Inc. ALMS Debt-to-equity

Debt-to-equity at other companies

Bristol-Myers SquibbBMY

2.2×-0.6×

AmgenAMGN

6.2×-3.0×

Oruka Therapeutics, Inc.ORKA

0×0.0×

Celldex TherapeuticsCLDX

0×0.0×

ImmunomeIMNM

0×0.0×

Nektar TherapeuticsNKTR

0.1×-7.2×

Other financials

Income statement

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Revenue$1.7M-90.0%

Operating income-$98.4M+3.1%

Net income-$93.1M+6.0%

EPS (diluted)-$0.74+59.3%

Balance sheet

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Cash & equivalents$63.9M-50.3%

Total debt$35.7M+1,881%

Total equity$567.0M+237%

Total assets$671.6M+157%

Cash flow

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Operating cash flow-$87.1M-8.4%

CapEx$164.0K+343%

Free cash flow-$87.2M-8.5%

Valuation

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Market cap$3.12B+739%

Enterprise value$3.1B+1,238%

P/S371.9×—

Profitability

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Operating margin-5,364%—

Net margin-2,825.7%—

FCF margin-4,487.4%—

Returns & leverage

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Return on equity-64.6%—

Current ratio7.5×+3.8×

Where this comes from

Calculated from Alumis Inc.’s reported figures.

total debt/total stockholders equity=0.1×

Based on the most recent quarter.

The official record: Alumis Inc.’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alumis Inc.'s debt-to-equity?: Alumis Inc. (ALMS) reported debt-to-equity of 0.1× in Q1 2026.
How has Alumis Inc.'s debt-to-equity changed year-over-year?: Alumis Inc.'s debt-to-equity increased by 487.9% year-over-year, from 0× to 0.1×.
What does debt-to-equity mean?: Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.