Where do Relay Therapeutics, Inc.'s ratios come from?

Every ratio is computed from Relay Therapeutics, 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.

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Operating margin	-2,776.6%-805pp	-1,971.5%+1,943pp	-3,914.4%+191pp	-4,105.6%+673pp	-4,778.9%-1,057pp
Net margin	-2,554.1%-754pp	-1,800.5%+1,761pp	-3,561.4%+167pp	-3,728.4%+613pp	-4,341.5%-967pp
Returns
Return on equity	-40%+1.1pp	-41.1%0.0pp	-41.1%+5.1pp	-46.2%-0.8pp	-45.5%-1.3pp
Return on invested capital	-51.8%-2.1pp	-49.7%+1.1pp	-50.9%+7.0pp	-57.9%-2.3pp	-55.6%-1.0pp
Efficiency
Asset turnover	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Liquidity
Current ratio	22.1×-0.5×	22.6×+3.5×	19.1×-1.8×	20.9×+1.0×	20×+4.0×
Leverage
Debt-to-equity	0×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Valuation
Market capitalization	$1.78B+21.3%	$1.47B+62.9%	$899.99M+58.6%	$567.48M+27.8%	$444.15M-35.6%
Price / sales	166.6×+71.1×	95.5×-12.2×	107.7×+39.8×	67.9×+10.1×	57.8×-11.1×
Price / book	2.8×+0.2×	2.6×+1.1×	1.5×+0.6×	0.9×+0.2×	0.6×-0.3×

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Questions, answered.

Where do Relay Therapeutics, Inc.'s ratios come from?: Every ratio is computed from Relay Therapeutics, 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.