Arcutis Biotherapeutics, Inc.

ARQT Healthcare Biotechnology

Arcutis Biotherapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $376.1 million, up 91.3% from fiscal 2024. In the quarter to June 2026, revenue grew 59.3%, EPS grew 184.6%, free cash flow grew 228.0% and total debt was flat, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for three.

28.82 0.28 −0.96%
Market cap
$3.7B
P/E
131×
Fwd P/E
196×
Dividend yield
—
F-score
4/9
Altman Z
6.98
Beneish M
−1.52
Dividend safety
n/a
Jun '26 Mar '26 Dec '25 Sep '25 Older periods
P/E ratio
119.18 0.00 0.00 0.00

+8 more quarters

P/S ratio
7.38 7.33 9.82 7.57
P/FCF ratio
142.16 269.53 0.00 0.00
P/Operating CF
270.77 1,361.25 141.11 (1,371.55)
P/B ratio
15.52 16.07 19.50 15.22
Price to Tangible BV
16.54 17.38 21.15 16.86
EV/Sales
7.10 7.06 9.53 7.31
EV/EBITDA
92.59 724.90 0.00 0.00
EV/Operating CF
83.76 108.65 (636.90) (71.34)
EV/FCF
136.76 259.37 (168.11) (48.15)
Quick Ratio
2.46 2.26 2.83 3.07
Current Ratio
2.92 2.68 3.17 3.50
Net Debt/EBITDA
(7.75) 13.19 (5.92) (9.71)
Debt/Assets
22.29% 23.79% 25.17% 29.25%
Debt/Equity
0.49 0.58 0.58 0.69
Asset Turnover
1.10 1.03 0.96 0.79
Operating CF/Net income
0.84 (0.20) 1.51 (0.24)
Capex/Depreciation
(0.46) 0.00 0.00 0.00
Interest Coverage
4.82 (2.08) 6.13 2.78
Research and Development Expense of Revenue
15.67% 29.06% 15.79% 19.76%
Selling, General and Administrative Expense of Revenue
63.25% 70.28% 60.98% 62.90%
Intangible Assets out of Total Assets
0.03 0.03 0.03 0.04
Share Based Compensation of Revenue
9.83% 10.14% 7.77% 10.12%
Graham Net Nets
0.06 0.06 0.05 0.06
Graham Number
2.89 0.00 0.00 0.00
Earnings Yield
0.84% (0.08%) (0.45%) (1.91%)
Free Cash Flow Yield
0.70% 0.37% (0.58%) (2.01%)
Revenue per Share
0.99 0.81 1.02 0.78
Operating CF per Share
0.10 0.02 0.21 (0.01)
Capex per Share
0.00 0.00 0.00 0.00
Free Cash Flow per Share
0.10 0.02 0.21 (0.01)
Cash per Share
1.83 1.73 1.74 1.50
Shareholders Equity per Share
1.69 1.47 1.49 1.24
Interest Debt per Share
0.00 0.00 0.00 0.00
Book value per Share
1.69 1.47 1.49 1.24
Free Cash Flow
12.48 2.24 26.19 (1.75)
Working Capital
307.33 274.85 281.39 249.45
Capital Expenditures
(0.16) — 0.00 0.00
Net Current Asset Value
199.71 167.70 167.74 136.32
EV/EBIT
96.12 912.84 0.00 0.00
Capex to Sales
0.00 0.00 0.00 0.00
Price to Operating Income
99.91 948.60 0.00 0.00
Other line items
Average Receivables
130.93 114.90 109.65 87.62
Average Payables
10.84 21.41 13.37 12.56
Average Inventory
27.60 27.00 18.58 18.22
Average Assets
420.49 402.05 390.93 404.17
Average Common Equity
179.78 166.15 173.51 157.36

Fold the line items

Columns are period end dates