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Denali Therapeutics Inc. DNLI Return on invested capital

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10.3%-1.5pp
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Eton Pharmaceuticals, Inc.ETON
-45.1%-22.2pp

Other financials

Income statement

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Revenue$3.6M
Gross profit$3.5M
Operating income-$130.5M+3.3%
Net income-$127.6M-2.8%
EPS (diluted)-$0.68+5.6%

Balance sheet

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Cash & equivalents$204.6M+41.8%
Total debt$37.7M-21.4%
Total equity$835.2M-18.7%
Total assets$1.2B-0.7%

Cash flow

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Operating cash flow-$97.0M-28.8%
CapEx$805.0K-81.2%
Free cash flow-$97.8M-22.9%

Valuation

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Market cap$3.92B+88.3%
Enterprise value$3.76B+89.0%
P/S1,089×+1,084×

Profitability

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Operating margin-37,938%-37,986pp
Net margin-33,121.9%-33,159pp
FCF margin-31,736.3%-31,830pp

Returns & leverage

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Return on equity-54.9%+34.3pp
Debt / equity0.0×
Current ratio8.4×-1.9×

Where this comes from

Calculated from Denali Therapeutics Inc.’s reported figures.

Based on trailing twelve months.

The source filing: Denali Therapeutics Inc.’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:08 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0001714899-26-000097

FAQ

What is Denali Therapeutics Inc.'s return on invested capital?
Denali Therapeutics Inc. (DNLI) reported return on invested capital of -67.9% in Q2 2026.
How has Denali Therapeutics Inc.'s return on invested capital changed year-over-year?
Denali Therapeutics Inc.'s return on invested capital decreased by 45.7% year-over-year, from -46.6% to -67.9%.
What is the long-term trend for Denali Therapeutics Inc.'s return on invested capital?
Over 5 years (2020 to 2025), Denali Therapeutics Inc.'s return on invested capital has grown at a 37.8% compound annual growth rate (CAGR), from 11.4% to -56.8%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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