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Tango Therapeutics TNGX Return on invested capital

Return on invested capital at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
13%+4.2pp
Amgen logo
AmgenAMGN
14.1%+4.0pp
Gilead Sciences logo
Gilead SciencesGILD
23.7%+4.4pp
Exelixis logo
ExelixisEXEL
46.7%+10.4pp
Cogent Biosciences, Inc. logo
Cogent Biosciences, Inc.COGT
-147.2%-18.7pp
CG Oncology logo
CG OncologyCGON
-24.9%+1.8pp

Other financials

Income statement

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Revenue--100%
Operating income-$48.8M-14.7%
Net income-$45.5M-14.1%
EPS (diluted)-$0.32+11.1%

Balance sheet

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Cash & equivalents$160.0M+162%
Total debt$32.8M-11.3%
Total equity$391.5M+135%
Total assets$435.8M+58.9%

Cash flow

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Operating cash flow-$44.4M-6.4%
CapEx-$2.0K-104%
Free cash flow-$44.4M-6.3%

Valuation

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Market cap$4.55B+1,915%
Enterprise value$4.43B+2,204%
P/S79.9×+74.4×

Profitability

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Operating margin-206.2%-61.0pp
Net margin-188.2%-55.4pp
FCF margin-250.1%-49.4pp

Returns & leverage

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Return on equity-38.4%-10.5pp
Debt / equity0.1×-0.1×
Current ratio27.4×+21.1×

Where this comes from

Calculated from Tango Therapeutics’s reported figures.

Based on trailing twelve months.

The official record: Tango Therapeutics’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tango Therapeutics's return on invested capital?
Tango Therapeutics (TNGX) reported return on invested capital of -57.7% in Q1 2026.
How has Tango Therapeutics's return on invested capital changed year-over-year?
Tango Therapeutics's return on invested capital increased by 24.5% year-over-year, from -76.4% to -57.7%.
What is the long-term trend for Tango Therapeutics's return on invested capital?
Over 4 years (2021 to 2025), Tango Therapeutics's return on invested capital has grown at a 10.6% compound annual growth rate (CAGR), from -34.3% to -51.3%.
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.