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Annexon ANNX Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Returns
Return on equity-87.6%-5.8pp-81.9%+2.1pp-84%-17.2pp-66.7%-0.6pp-66.1%-15.3pp
Return on assets-69.4%-3.6pp-65.9%+2.2pp-68.1%-12.4pp-55.7%-0.6pp-55.1%-12.5pp
Return on invested capital-178.5%-54.3pp-124.2%+8.0pp-132.3%-9.8pp-122.5%-6.8pp-115.7%-22.1pp
Liquidity
Current ratio6.4×+0.7×5.7×+1.3×4.4×-1.2×5.7×-2.3×-2.4×
Quick ratio6.4×+0.7×5.7×+1.3×4.4×-1.2×5.7×-2.3×-2.4×
Cash ratio4.9×+1.1×3.8×+0.6×3.2×-0.1×3.3×+0.4×2.9×+1.3×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.2×0.0×0.1×0.0×0.1×0.0×
Debt-to-assets0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Per Share
Book value per share$1.05-22.8%$1.36+26.0%$1.08-19.3%$1.34-18.5%$1.65-22.8%
Valuation
Market capitalization$868.37M+223%$748.26M+123%$335.15M+24.7%$268.8M+26.9%$211.74M-61.3%
Enterprise value$718.59M+261%$612.41M+175%$222.67M+35.7%$164.14M+14.8%$142.93M-72.8%
Price / book4.1×+3.1×3.5×+1.5×2.1×+0.7×1.4×+0.5×0.9×-1.0×
Free cash flow yield-21.7%-24.9%+27.8pp-52.7%
Earnings yield-23.3%+40.8pp-27.6%+34.1pp-61.8%+7.8pp-69.5%+9.5pp-79%-53.8pp

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Questions, answered.

Where do Annexon's ratios come from?
Every ratio is computed from Annexon's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.