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Halozyme Therapeutics HALO Net debt / EBITDA

Net debt / EBITDA at other companies

West Pharmaceutical Services logo
West Pharmaceutical ServicesWST
-0.2×+0.8×
Arrowhead Research logo
Arrowhead ResearchARWR
-0.3×
AptarGroup logo
AptarGroupATR
1.6×+0.4×
AbbVie logo
AbbVieABBV
2.5×
Alkermes logo
AlkermesALKS
5.3×+4.7×
Amgen logo
AmgenAMGN
3.7×-0.7×

Other financials

Income statement

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Revenue$376.7M+42.2%
Gross profit$297.5M+37.4%
Operating income$184.5M+30.4%
Net income$150.0M+27.1%
EPS (diluted)$1.22+31.2%

Balance sheet

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Cash & equivalents$312.0M+76.9%
Total debt$2.2B+41.7%
Total equity$219.6M-54.5%
Total assets$2.7B+21.7%

Cash flow

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Operating cash flow$180.1M+16.8%
CapEx$3.7M+294%
Free cash flow$176.3M+15.0%

Valuation

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Market cap$8.13B-2.9%
Enterprise value$10B+3.0%
P/E13.4×-3.8×
P/S5.4×-2.3×

Profitability

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Gross margin82.8%-0.7pp
Operating margin59.3%+9.0pp
Net margin47.9%+6.5pp
FCF margin44.3%-1.5pp

Returns & leverage

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Return on equity124.5%+12.7pp
Debt / equity9.9×+6.7×
Current ratio2.8×-5.6×

Where this comes from

Calculated from Halozyme Therapeutics’s reported figures.

Based on the most recent quarter.

The official record: Halozyme Therapeutics’s 10-Q, filed November 3, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Halozyme Therapeutics's net debt / EBITDA?
Halozyme Therapeutics (HALO) reported net debt / EBITDA of 1.5× in Q3 2025.
How has Halozyme Therapeutics's net debt / EBITDA changed year-over-year?
Halozyme Therapeutics's net debt / EBITDA decreased by 47.2% year-over-year, from 2.8× to 1.5×.
What is the long-term trend for Halozyme Therapeutics's net debt / EBITDA?
Over 4 years (2020 to 2024), Halozyme Therapeutics's net debt / EBITDA has grown at a 10.1% compound annual growth rate (CAGR), from 1.7× to 2.5×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.