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TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Net margin-200%-184pp-203.3%-212pp-56.1%+1,856pp-42.7%+8,926pp-16.1%+496,944pp
EBITDA margin-203%-129pp-211.3%-157pp-94.5%+2,259pp-92.5%+11,242pp-74%+619,276pp
Free cash flow margin-177.1%-155pp-203.1%-218pp-60.2%+1,732pp-47.5%+8,798pp-21.7%+536,098pp
Returns
Return on equity-136.4%-129pp-92.3%-95.6pp-45.9%-23.5pp-23.6%-6.9%
Return on assets-64.4%-58.8pp-50.5%-53.2pp-27.1%-6.0pp-17.9%+0.7pp-5.6%+14.3pp
Return on invested capital-125.5%-85.0pp-95.6%-70.2pp-78.3%-42.5pp-65%-40.4%
Efficiency
Asset turnover0.3×0.0×0.2×-0.1×0.5×+0.5×0.4×+0.4×0.4×
Liquidity
Current ratio4.9×-6.1×7.3×-7.0×6.7×-5.9×6.2×-26.7×11×-49.9×
Quick ratio4.5×-6.1×6.7×-7.3×6.4×-6.1×5.9×-26.9×10.6×-50.3×
Cash ratio0.5×-1.0×1.1×-1.1×1.2×-1.2×1.1×-4.3×1.4×-13.6×
Leverage
Debt-to-equity1.6×+1.6×0.8×+0.8×0.7×+0.7×0.0×0.0×
Debt-to-assets0.3×+0.3×0.3×+0.3×0.3×+0.3×0.0×0.0×
Per Share
Book value per share$0.62-73.6%$1.16-53.8%$1.49-27.8%$1.96-12.0%$2.34+0.6%
Valuation
Market capitalization$1.05B-48.7%$1.15B+12.3%$993.2M-29.3%$1.65B+101%$1.23B+25.3%
Enterprise value$1.12B-42.6%$1.21B+23.8%$1.03B-24.4%$1.6B+104%$1.19B+28.5%
Price / sales10.6×-10.4×13.7×+2.2×-540×14.7×-1,628×12.7×-98,523×
Price / book13×+6.2×10.1×+6.1×6.7×-0.3×8.6×+4.8×5.4×+1.0×
EV / sales8.8×-6.8×14.3×+3.4×7.2×-524×14.2×-1,555×12.3×-92,945×
Free cash flow yield-22%-20.7pp-14.9%-16.1pp-8.7%-5.4pp-3.2%+2.1pp-1.7%+3.7pp
Earnings yield-24.9%-23.8pp-14.9%-15.7pp-8.1%-4.6pp-2.9%+2.5pp-1.3%+3.8pp

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Questions, answered.

Where do ARS Pharmaceuticals, Inc.'s ratios come from?
Every ratio is computed from ARS Pharmaceuticals, 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.