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Summit Therapeutics SMMT Free cash flow margin

Discontinued — last reported Q3 '22

Free cash flow margin at other companies

Merck & Co. logo
Merck & Co.MRK
21.5%-5.2pp
Exelixis logo
ExelixisEXEL
38.6%+2.9pp
Incyte logo
IncyteINCY
28.2%+19.7pp
Roivant Sciences logo
Roivant SciencesROIV
-9,183.5%-17,093pp
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
24.6%-2.9pp
AbbVie logo
AbbVieABBV
31.8%+5.0pp

Other financials

Income statement

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Revenue-
Operating income-$65.6M-81.2%
Net income-$189.4M-201%
EPS (diluted)-$0.24-167%

Balance sheet

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Cash & equivalents$8.2M+7.2%
Total debt$20.0M+211%
Total equity$545.9M+58.5%
Total assets$647.9M+68.8%

Cash flow

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Operating cash flow-$122.3M-99.9%
CapEx$245.0K-41.9%
Free cash flow-$122.5M-99.0%

Valuation

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Market cap$10.67B+3.3%
Enterprise value$10.68B+3.4%

Profitability

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Operating margin-268,266.8%-272,316pp
Net margin-271,685%-275,966pp

Returns & leverage

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Return on equity-271%-1,725pp
Debt / equity0.0×
Current ratio7.4×-3.2×

Where this comes from

Calculated from Summit Therapeutics’s reported figures.

Based on trailing twelve months.

The official record: Summit Therapeutics’s 10-Q, filed November 7, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Summit Therapeutics's free cash flow margin?
Summit Therapeutics (SMMT) reported free cash flow margin of -5,931.6% in Q3 2022.
How has Summit Therapeutics's free cash flow margin changed year-over-year?
Summit Therapeutics's free cash flow margin decreased by 44.4% year-over-year, from -4,108.7% to -5,931.6%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.