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Nektar Therapeutics NKTR Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin-242%-253.7%
Net margin-284.2%-123pp-297.1%-169pp-204.5%-23.8pp-172.9%+17.2pp-160.8%+34.2pp
Returns
Return on equity-53.6%+146pp-217.9%-86.3pp-191.1%-29.5pp-199.8%-104pp
Return on invested capital-35.4%+39.8pp-86%-23.8pp-71%+0.8pp-93.2%-26.6pp-75.2%-18.3pp
Efficiency
Asset turnover0.1×-0.2×0.2×-0.1×0.2×0.0×0.3×0.0×0.3×+0.1×
Liquidity
Current ratio10.2×+7.0×+0.7×4.2×0.0×2.6×-2.5×3.2×-2.9×
Leverage
Debt-to-equity0.1×-7.2×-0.7×1.1×-1.1×7.3×+6.4×
Per Share
Book value per share$23.29+2,285%$5.32+20.2%$4.49+28.2%-$1.72-130%$0.98+50.2%
Valuation
Market capitalization$2.06B+1,531%$860.04M+401%$1.08B+299%$303.35M+25.6%$126.55M-29.1%
Price / sales37.1×+35.7×15.6×+13.8×17.3×+14.4×+1.5×1.5×-0.5×
Price / book3.6×-5.6×9.6×+6.7×12.7×+7.2×9.2×+7.8×

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Questions, answered.

What are Nektar Therapeutics's profit margins?
Nektar Therapeutics (NKTR) runs a 100.0% gross margin and a -242.0% operating margin, with a -284.2% net margin.
Where do Nektar Therapeutics's ratios come from?
Every ratio is computed from Nektar 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.