Xencor XNCR Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | -217.9%-86.7pp | -141.4%+20.1pp | -91.3%+85.9pp | -98.5%+5.2pp | -131.2%-57.6pp | |
| Net margin | -177.1%-13.9pp | -73.2%+137pp | -87.1%+109pp | -116.4%+11.0pp | -163.2%-78.2pp | |
| EBITDA margin | -207.3%-85.3pp | -133%+17.5pp | -84%+81.9pp | -90.7%+4.7pp | -122%-55.5pp | |
| Free cash flow margin | -194%-61.2pp | -110.1%+78.4pp | -91.2%— | -92.1%— | -132.8%— | |
| Returns | ||||||
| Return on equity | -29.8%+3.3pp | -14%+20.7pp | -19.4%+11.2pp | -28.9%+1.9pp | -33.2%-10.7pp | |
| Return on assets | -21%+2.2pp | -10.1%+14.2pp | -14.1%+10.1pp | -20.1%+3.8pp | -23.2%-5.9pp | |
| Return on invested capital | -28.3%-6.0pp | -21.7%-1.0pp | -17.3%+9.1pp | -20.5%+3.0pp | -22.4%-3.5pp | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×0.0× | 0.2×0.0× | 0.2×0.0× | 0.1×-0.1× | |
| Liquidity | ||||||
| Current ratio | 6.6×+0.7× | 6.3×-0.4× | 6×-0.2× | 5.3×-1.6× | 5.9×-1.2× | |
| Quick ratio | 6.6×+0.7× | 6.3×-0.4× | 6×-0.2× | 5.3×-1.6× | 5.9×-1.2× | |
| Cash ratio | 0.2×-0.3× | 0.6×+0.1× | 0.3×0.0× | 0.5×+0.1× | 0.4×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.3×0.0× | 0.3×0.0× | 0.3×+0.2× | 0.3×+0.2× | 0.3×+0.2× | |
| Debt-to-assets | 0.2×0.0× | 0.2×0.0× | 0.2×+0.1× | 0.2×+0.1× | 0.2×+0.1× | |
| Interest coverage | -7.6×-2.9× | -5.6×-0.7× | -4.1×+1.5× | -4.2×+2.0× | -4.7×+3.3× | |
| Per Share | ||||||
| Book value per share | $6.85-21.1% | $8.56-17.8% | $8.40-25.7% | $8.35-8.7% | $8.69-13.2% | |
| Valuation | ||||||
| Market capitalization | $1.07B+76.3% | $1.09B-32.0% | $836.62M-32.5% | $588.58M-49.2% | $749.71M-44.3% | |
| Enterprise value | $1.23B+55.9% | $1.23B-31.8% | $1.01B-22.1% | $757.09M-37.7% | $932.24M-33.6% | |
| Price / sales | 11×+6.2× | 8.7×-5.8× | 5.6×-5.8× | 4×-3.7× | 5.9×-2.0× | |
| Price / book | 2.1×+1.1× | 1.7×-0.7× | 1.3×-0.4× | 0.9×-1.1× | 1.2×-1.0× | |
| EV / sales | 12.7×+6.4× | 9.8×-6.5× | 6.7×-5.2× | 5.2×-2.9× | 7.3×-0.9× | |
| Free cash flow yield | -17.6%+10.2pp | -12.6%+0.3pp | -16.4%— | -23%— | -22.5%— | |
| Earnings yield | -16.1%+18.1pp | -8.4%+6.1pp | -15.6%+1.6pp | -29.1%-12.6pp | -27.7%-16.9pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Xencor's ratios come from?
- Every ratio is computed from Xencor'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.
