Sunday 11 October 2026
Export all ACTG data to Excel Powerpack
Acacia Research Corporation
ACTG Industrials Business Equipment & Supplies
Acacia Research Corporation’s revenue for fiscal 2025 (year ended December 2025) was $285.2 million, up 133.2% from fiscal 2024. In the quarter to June 2026, revenue grew 123.6%, EPS grew 100.0%, free cash flow fell 104.0% and total debt fell 43.0%, each against the same quarter a year earlier. Dividend growth for three consecutive years, operating cash flow growth for three.
4.32
0.07
−1.59%
Follow ACTG
| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 9.30 | 0.00 | 0.00 | 2.16 | 2.12 | 0.00 | 8.00 | 0.00 | 16.26 |
Piotroski F-Score |
7 | 5 | 6 | 4 | 6 | 5 | 4 | 5 | 2 | 9 |
Altman Z-Score |
5.97 | 8.34 | 1.23 | 0.03 | 0.35 | 1.07 | 0.36 | 4.81 | 1.36 | 1.72 |
P/S ratio |
2.21 | 3.09 | 1.13 | 11.77 | 6.46 | 2.84 | 2.86 | 2.36 | 3.52 | 1.26 |
P/FCF ratio |
10.30 | 17.21 | 7.59 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.34 |
Altman Z″-Score (non-manufacturers) |
8.77 | 22.47 | 4.24 | 3.04 | 3.39 | 5.06 | 3.57 | 18.53 | 4.58 | 5.67 |
Beneish M-Score |
(4.61) | (1.47) | 91.79 | — | (3.60) | 4.64 | (2.94) | 2.71 | (2.42) | (2.16) |
P/Operating CF |
31.18 | (9.20) | 11.13 | (90.54) | (7.65) | 11.07 | (7.14) | (64.96) | (21.25) | 27.39 |
P/B ratio |
1.26 | 0.68 | 0.78 | 0.76 | 0.67 | 0.58 | 0.63 | 0.50 | 0.78 | 0.62 |
Price to Tangible BV |
1.87 | 0.86 | 0.81 | 0.79 | 0.71 | 0.67 | 0.75 | 0.54 | 0.92 | 0.71 |
EV/Sales |
1.18 | 1.00 | (0.13) | (3.18) | (4.76) | (3.10) | (2.58) | (1.06) | 1.35 | 0.21 |
EV/EBITDA |
0.00 | 0.00 | 0.00 | 1.77 | 18.48 | 0.00 | 5.77 | 0.00 | 101.42 | 1.19 |
EV/Operating CF |
5.27 | 5.04 | (0.79) | 15.50 | 7.22 | (20.48) | 4.09 | 5.91 | 3.31 | 0.81 |
EV/FCF |
5.47 | 5.57 | (0.84) | 4.98 | 4.22 | 35.15 | 2.99 | 3.95 | (1.40) | 1.58 |
Quick Ratio |
6.57 | 14.31 | 6.39 | 14.54 | 3.62 | 3.58 | 4.52 | 18.83 | 7.27 | 7.90 |
Current Ratio |
6.69 | 14.62 | 6.49 | 14.79 | 3.67 | 3.65 | 4.91 | 20.06 | 8.46 | 9.18 |
Net Debt/EBITDA |
51.90 | 27.16 | (67.37) | 8.33 | 43.58 | (20.65) | 12.17 | (12.04) | (162.10) | (5.86) |
Debt/Assets |
0.00% | 0.00% | 0.00% | 0.78% | 22.92% | 23.06% | 13.23% | 1.66% | 9.11% | 7.72% |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.01 | 0.39 | 0.41 | 0.22 | 0.02 | 0.12 | 0.10 |
Asset Turnover |
0.47 | 0.22 | 0.49 | 0.05 | 0.08 | 0.13 | 0.09 | 0.22 | 0.18 | 0.37 |
Operating CF/Net income |
(0.63) | 0.59 | (0.20) | 0.13 | (0.23) | 0.11 | 0.28 | (0.41) | (1.39) | 3.47 |
Capex/Depreciation |
(0.04) | 0.00 | 0.00 | (1.43) | (1.18) | (1.95) | (0.42) | (0.42) | (4.71) | (0.37) |
Interest Coverage |
— | (16.99) | (25.48) | (4.28) | (1.93) | 1.84 | (6.23) | 10.15 | (5.09) | 0.71 |
| (18.59%) | 7.87% | (43.14%) | (9.52%) | 37.49% | 33.06% | (38.02%) | 12.84% | (6.31%) | 3.82% | |
| (16.79%) | 7.32% | (39.43%) | (7.88%) | 23.81% | 18.14% | (20.76%) | 9.88% | (5.19%) | 2.84% | |
ROIC |
(21.46%) | (10.72%) | (59.86%) | (98.20%) | 0.00% | 0.00% | 0.00% | 8.17% | (7.15%) | 1.42% |
Return on Tangible Assets |
(33.70%) | 17.02% | (61.62%) | (10.70%) | 26.07% | 22.22% | (38.64%) | 10.42% | (9.14%) | 5.13% |
Average Days of Receivables |
63.94 | 0.85 | 91.27 | 16.59 | 6.20 | 39.45 | 50.73 | 235.03 | 80.30 | 33.48 |
Research and Development Expense of Revenue |
2.02% | 1.82% | 0.00% | 0.00% | 0.00% | 0.23% | 1.06% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
21.56% | 41.62% | 14.24% | 145.62% | 82.18% | 42.25% | 103.51% | 41.04% | 51.16% | 27.37% |
Intangible Assets out of Total Assets |
0.29 | 0.20 | 0.03 | 0.04 | 0.03 | 0.07 | 0.09 | 0.07 | 0.11 | 0.10 |
Share Based Compensation of Revenue |
5.93% | 13.59% | (0.24%) | 9.56% | 5.58% | 2.33% | 6.45% | 2.64% | 3.92% | 2.01% |
Graham Net Nets |
0.47 | 0.63 | 1.13 | 1.04 | 1.28 | 1.51 | 1.38 | 1.73 | 0.50 | 0.73 |
Graham Number |
0.00 | 7.53 | 0.00 | 0.00 | 15.55 | 21.92 | 0.00 | 9.29 | 0.00 | 5.60 |
Earnings Yield |
(15.70%) | 10.75% | (70.47%) | (13.16%) | 46.19% | 47.17% | (75.44%) | 12.50% | (8.34%) | 6.15% |
Free Cash Flow Yield |
9.71% | 5.81% | 13.17% | (5.42%) | (17.46%) | (3.10%) | (30.14%) | (11.42%) | (27.53%) | 10.70% |
Revenue per Share |
3.05 | 1.30 | 2.63 | 0.23 | 0.61 | 1.80 | 1.39 | 1.66 | 1.23 | 2.96 |
Operating CF per Share |
0.68 | 0.26 | 0.42 | (0.05) | (0.40) | 0.27 | (0.88) | (0.30) | 0.51 | 0.78 |
Capex per Share |
(0.02) | 0.00 | 0.00 | (0.09) | (0.29) | (0.43) | (0.13) | (0.08) | (1.64) | (0.17) |
Free Cash Flow per Share |
0.66 | 0.26 | 0.42 | (0.14) | (0.69) | (0.16) | (1.01) | (0.38) | (1.13) | 0.61 |
Cash per Share |
3.17 | 2.71 | 3.31 | 3.41 | 9.24 | 14.50 | 9.09 | 5.84 | 3.36 | 3.75 |
Shareholders Equity per Share |
5.34 | 5.86 | 3.83 | 3.68 | 6.13 | 9.12 | 6.81 | 7.83 | 5.57 | 6.07 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
5.34 | 5.86 | 3.83 | 3.68 | 6.13 | 9.12 | 6.81 | 7.83 | 5.57 | 6.07 |
Free Cash Flow |
32.83 | 12.96 | 20.84 | (6.91) | (33.60) | (7.76) | (43.07) | (28.69) | (112.54) | 58.55 |
Working Capital |
160.30 | 130.14 | 170.44 | 161.55 | 332.85 | 530.49 | 340.78 | 526.88 | 370.51 | 401.05 |
Capital Expenditures |
(1.23) | 0.00 | (0.03) | (4.60) | (13.98) | (21.09) | (5.73) | (6.19) | (162.67) | (16.69) |
Net Current Asset Value |
159.93 | 126.59 | 168.76 | 138.15 | 245.60 | 377.05 | 234.30 | 510.58 | 216.37 | 263.17 |
EV/EBIT |
0.00 | 0.00 | 0.67 | 1.53 | 7.26 | 0.00 | 3.81 | 0.00 | 0.00 | 9.52 |
Capex to Sales |
0.01 | 0.00 | 0.00 | 0.41 | 0.47 | 0.24 | 0.10 | 0.05 | 1.33 | 0.06 |
Price to Operating Income |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 17.21 | 0.00 | 14.10 | 0.00 | 56.19 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
270.51 | 0.00 | 0.00 | 2.55 | 43.89 | 2.58 | 3.85 | 6.25 | 1.45 | 2.12 |
Cash ROIC |
7.71% | 3.00% | 5.84% | (1.95%) | (3.87%) | (0.58%) | (5.83%) | (2.76%) | (11.78%) | 5.83% |
Accounts Receivable Turnover |
5.07 | 4.86 | 7.96 | 0.67 | 58.57 | 17.57 | 6.67 | 2.82 | 2.28 | 10.75 |
Accounts Payable Turnover |
7.04 | 5.58 | 17.62 | 6.05 | 17.83 | 11.18 | 6.52 | 11.36 | 12.08 | 15.79 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.23 | 4.20 | 4.83 | 7.43 |
Average Days of Payables |
46.85 | 46.83 | 13.15 | 38.97 | 14.98 | 55.01 | 58.93 | 22.53 | 47.56 | 24.29 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 90.29 | 138.84 | 75.45 | 108.27 | 48.29 |
Average Receivables |
30.13 | 13.45 | 16.52 | 16.70 | 0.51 | 5.01 | 8.87 | 44.39 | 53.73 | 26.54 |
Average Payables |
15.82 | 11.12 | 5.83 | 2.73 | 1.39 | 3.23 | 5.74 | 4.65 | 7.67 | 12.72 |
Average Inventory |
— | — | — | — | — | — | 11.58 | 12.57 | 19.20 | 27.02 |
Average Assets |
321.95 | 302.39 | 266.36 | 221.06 | 364.73 | 655.08 | 640.89 | 558.24 | 694.97 | 763.68 |
Average Common Equity |
290.80 | 281.55 | 243.45 | 183.10 | 231.64 | 359.40 | 349.90 | 429.47 | 571.11 | 568.33 |
Columns are period end dates