Where do 4D Molecular Therapeutics's ratios come from?

Every ratio is computed from 4D Molecular Therapeutics'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.

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Operating margin	-220.1%+883,806pp	-204.5%+507,474pp	-191,982.5%+275,729pp	-667,654.5%-667,006pp	-884,026.1%-883,436pp
Returns
Return on invested capital	-51.1%+7.0pp	-40.9%+40.9pp	-62.9%+10.4pp	-56.5%-5.8pp	-58.2%-9.3pp
Efficiency
Asset turnover	0.2×—	0.2×+0.2×	0×0.0×	0×0.0×	0×0.0×
Liquidity
Current ratio	9.3×-3.0×	9.4×-5.5×	8.4×-8.9×	8.7×-19.7×	12.4×-20.3×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Per Share
Book value per share	$6.64-21.2%	$8.73-7.8%	$6.57-33.9%	$7.53-29.3%	$8.43-30.9%
Valuation
Market capitalization	$602.22M+215%	$428.51M+66.4%	$405.84M-32.1%	$185.3M-84.0%	$149.56M-90.5%
Price / sales	6.8×-8,306×	5×-6,954×	3,382×-13,218×	5,615.1×+5,558×	6,502.5×+6,426×
Price / book	1.3×+0.9×	0.8×+0.3×	1.1×0.0×	0.4×-1.5×	0.3×-2.3×

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Questions, answered.

Where do 4D Molecular Therapeutics's ratios come from?: Every ratio is computed from 4D Molecular Therapeutics'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.