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Relay Therapeutics, Inc. RLAY Return on invested capital

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Other financials

Income statement

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Revenue$350.0K-48.3%
Operating income-$90.8M-18.2%
Net income-$83.7M-18.9%
EPS (diluted)-$0.410.0%

Balance sheet

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Cash & equivalents$121.2M+6.4%
Total debt$30.7M-10.3%
Total equity$890.0M+33.7%
Total assets$967.5M+32.7%

Cash flow

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Operating cash flow-$54.1M+2.1%
CapEx$1.0K
Free cash flow-$44.9M+22.5%

Valuation

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Market cap$4.3B+611%
Enterprise value$4.21B+702%
P/S415.9×+343×

Profitability

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Operating margin-2,999.4%-637pp
Net margin-2,763.6%-568pp
FCF margin-1,536%-429pp

Returns & leverage

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Return on equity-36.8%-6.3pp
Debt / equity0.0×
Current ratio18.3×-2.7×

Where this comes from

Calculated from Relay Therapeutics, Inc.’s reported figures.

Based on trailing twelve months.

The source filing: Relay Therapeutics, Inc.’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338056

FAQ

What is Relay Therapeutics, Inc.'s return on invested capital?
Relay Therapeutics, Inc. (RLAY) reported return on invested capital of -44.8% in Q2 2026.
How has Relay Therapeutics, Inc.'s return on invested capital changed year-over-year?
Relay Therapeutics, Inc.'s return on invested capital increased by 22.6% year-over-year, from -57.9% to -44.8%.
What is the long-term trend for Relay Therapeutics, Inc.'s return on invested capital?
Over 4 years (2021 to 2025), Relay Therapeutics, Inc.'s return on invested capital has grown at a -9.6% compound annual growth rate (CAGR), from -74.4% to -49.7%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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