Where do Tectonic Therapeutics's ratios come from?

Every ratio is computed from Tectonic 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.

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Returns
Return on equity	-31.4%—	——	——	——	——
Return on assets	-29.7%-0.9pp	-35.8%+24.5pp	-30.2%+8.1pp	-27%+1.0pp	-28.8%+20.9pp
Liquidity
Current ratio	18.5×-4.4×	26.6×+14.0×	29.2×+19.8×	25.6×+18.4×	22.9×-3.3×
Quick ratio	18.5×-4.4×	26.6×+14.0×	29.2×+19.8×	25.6×+18.4×	22.9×-3.3×
Cash ratio	18.3×-4.4×	26.3×+14.0×	28.8×+19.5×	25.3×+18.2×	22.7×+17.2×
Leverage
Debt-to-equity	0×0.0×	0×—	0×—	0×—	0×—
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Interest coverage	-1,824.3×-1,157×	-1,333.9×-787×	-1,048.1×-596×	-884×—	-666.8×—
Per Share
Book value per share	$12.28-30.0%	$13.72-17.3%	$14.30+40.0%	$15.19-73.3%	$17.55+124%
Valuation
Market capitalization	$585.51M+58.3%	$390.42M—	$293.59M—	——	——
Enterprise value	$353.51M+438%	$138.24M—	$25.32M—	——	——
Price / book	2.5×+1.3×	1.6×—	1.1×—	——	——
Free cash flow yield	-11.2%+5.8pp	-15.4%—	-21.3%—	——	——
Earnings yield	-14.3%+1.6pp	-19%—	-22.9%—	——	——

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Questions, answered.

Where do Tectonic Therapeutics's ratios come from?: Every ratio is computed from Tectonic 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.