GRAIL, Inc. GRAL Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | -348.7%+1,270pp | -382%+1,361pp | -405.2%+1,504pp | -471.3%+2,240pp | -1,618.3%-82.4pp | |
| Net margin | -253.2%+1,211pp | -277.5%+1,336pp | -286.4%+1,513pp | -329.9%+2,297pp | -1,464.5%+23.7pp | |
| EBITDA margin | -271.7%+1,226pp | -299.2%+1,318pp | -294.6%+1,480pp | -354.3%+2,212pp | -1,497.9%-115pp | |
| Free cash flow margin | -187.2%+170pp | -203.8%+260pp | -232.6%+302pp | -276.8%+344pp | -357.7%— | |
| Returns | ||||||
| Return on equity | -16.1%— | -16.1%— | -16.8%— | -17.7%— | —— | |
| Return on assets | -14%— | -13.8%+44.9pp | -14.2%— | -14.8%— | —— | |
| Return on invested capital | -22.6%— | -23.8%— | -29%— | -31.2%— | —— | |
| Efficiency | ||||||
| Asset turnover | 0.1×— | 0×0.0× | 0×— | 0×— | —— | |
| Liquidity | ||||||
| Current ratio | 11.7×+2.0× | 12×+1.3× | 7.6×-2.0× | 9.2×-2.3× | 9.7×— | |
| Quick ratio | 11.7×+2.0× | 12×+1.3× | 7.6×-2.0× | 9.2×-2.3× | 9.7×— | |
| Cash ratio | 1×-0.8× | 3.2×+0.4× | 1.7×-7.4× | 1.9×-9.1× | 1.8×— | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×— | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×— | |
| Per Share | ||||||
| Book value per share | $61.53-12.5% | $70.14-10.6% | $62.01-23.6% | $64.67-25.5% | $70.35— | |
| Valuation | ||||||
| Market capitalization | $2.12B+145% | $3.34B+456% | $2.13B— | $1.58B— | $865.68M— | |
| Enterprise value | $2.09B+164% | $3.13B+596% | $2.06B— | $1.51B— | $792.76M— | |
| Price / sales | 13.6×+7.0× | 22.7×+17.9× | 15×— | 11.8×— | 6.6×— | |
| Price / book | 0.8×+0.5× | 1.3×+1.1× | 1×— | 0.7×— | 0.4×— | |
| EV / sales | 13.4×+7.4× | 21.3×+17.7× | 14.5×— | 11.3×— | 6.1×— | |
| Free cash flow yield | -13.8%+40.2pp | -9%+88.1pp | -15.5%— | -23.5%— | -54%— | |
| Earnings yield | -18.6%+202pp | -12.2%+326pp | -19.1%— | -28%— | -221.1%— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
