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Debt-to-equity at other companies

Eli Lilly logo
Eli LillyLLY
1.4×-1.1×
Johnson & Johnson logo
Johnson & JohnsonJNJ
0.7×0.0×
Amgen logo
AmgenAMGN
6.2×-3.0×
Regeneron Pharmaceuticals logo
Regeneron PharmaceuticalsREGN
0.1×0.0×
Janux Therapeutics logo
Janux TherapeuticsJANX
0.0×
Nektar Therapeutics logo
Nektar TherapeuticsNKTR
0.1×-7.2×

Other financials

Income statement

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Revenue-
Operating income-$53.7M+2.4%
Net income-$49.7M-2.4%
EPS (diluted)-$0.69+24.2%

Balance sheet

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Cash & equivalents$75.1M-2.1%
Total debt$2.4M+29.5%
Total equity$408.7M-30.8%
Total assets$403.0M-30.5%

Cash flow

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Operating cash flow-$46.0M-6.7%
CapEx$11.0K
Free cash flow-$38.1M-4.1%

Valuation

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Market cap$1.08B+140%
Enterprise value$1.01B+168%

Profitability

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Operating margin-358.7%
Net margin-346.1%

Returns & leverage

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Return on equity-44%+26.2pp
Current ratio10.3×-1.3×

Where this comes from

Calculated from Cullinan Therapeutics, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Cullinan Therapeutics, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cullinan Therapeutics, Inc.'s debt-to-equity?
Cullinan Therapeutics, Inc. (CGEM) reported debt-to-equity of 0× in Q4 2025.
How has Cullinan Therapeutics, Inc.'s debt-to-equity changed year-over-year?
Cullinan Therapeutics, Inc.'s debt-to-equity increased by 83.3% year-over-year, from 0× to 0×.
What is the long-term trend for Cullinan Therapeutics, Inc.'s debt-to-equity?
Over 4 years (2021 to 2025), Cullinan Therapeutics, Inc.'s debt-to-equity has grown at a 19.8% compound annual growth rate (CAGR), from 0× to 0×.
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.