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GRAIL, Inc. GRAL Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin-348.7%+33.3pp-382%+23.2pp-405.2%+66.1pp-471.3%+1,147pp-1,618.3%+125pp
Net margin-253.2%+24.2pp-277.5%+9.0pp-286.4%+43.4pp-329.9%+1,135pp-1,464.5%+149pp
EBITDA margin-271.7%+27.6pp-299.2%-4.7pp-294.6%+59.7pp-354.3%+1,144pp-1,497.9%+119pp
Free cash flow margin-187.2%+16.5pp-203.8%+28.8pp-232.6%+44.3pp-276.8%+80.9pp-357.7%+106pp
Returns
Return on equity-16.1%0.0pp-16.1%+0.8pp-16.8%+0.9pp-17.7%
Return on assets-14%-0.2pp-13.8%+0.4pp-14.2%+0.6pp-14.8%
Return on invested capital-22.6%+1.2pp-23.8%+5.2pp-29%+2.2pp-31.2%
Efficiency
Asset turnover0.1×0.0×0.0×0.0×
Liquidity
Current ratio11.7×-0.2×12×+4.4×7.6×-1.6×9.2×-0.5×9.7×-1.0×
Quick ratio11.7×-0.2×12×+4.4×7.6×-1.6×9.2×-0.5×9.7×-1.0×
Cash ratio-2.2×3.2×+1.5×1.7×-0.1×1.9×0.0×1.8×-1.0×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×0.0×
Per Share
Book value per share$61.53-12.3%$70.14+13.1%$62.01-4.1%$64.67-8.1%$70.35-10.3%
Valuation
Market capitalization$2.12B-36.5%$3.34B+56.5%$2.13B+34.8%$1.58B+82.6%$865.68M+44.3%
Enterprise value$2.09B-33.2%$3.13B+52.4%$2.06B+36.0%$1.51B+90.8%$792.76M+76.0%
Price / sales13.6×-9.1×22.7×+7.6×15×+3.3×11.8×+5.2×6.6×+1.8×
Price / book0.8×-0.4×1.3×+0.3×+0.3×0.7×+0.3×0.4×+0.1×
EV / sales13.4×-7.9×21.3×+6.8×14.5×+3.2×11.3×+5.2×6.1×+2.5×
Free cash flow yield-13.8%-4.8pp-9%+6.5pp-15.5%+8.0pp-23.5%+30.5pp-54%+43.1pp
Earnings yield-18.6%-6.4pp-12.2%+6.8pp-19.1%+9.0pp-28%+193pp-221.1%+117pp

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Questions, answered.

Where do GRAIL, Inc.'s ratios come from?
Every ratio is computed from GRAIL, Inc.'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.