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.

Revenue
+45.1%
EPS
+12.0%
Free cash flow
+1,171.9%
Total debt
+0.83%

Quarter to September 2026, against a year earlier

25.55 1.45 −5.37%
Market cap
$3.4B
P/E
112×
Fwd P/E
81.2×
Dividend yield
—
F-score
4/9
Altman Z
6.98
Beneish M
−1.52
Dividend safety
n/a

Arcutis Biotherapeutics, Inc. (ARQT) EV/EBITDA

Alert me on EV/EBITDA

As of 6 November 2026, Arcutis Biotherapeutics, Inc. (ARQT) trades at a EV/EBITDA of 86.8×. Over the past ten years it has ranged from 0.0× (March 2026) to 847× (June 2026); the current reading is higher than 92% of that period. That is above the Biotechnology industry median of 0.7× and above the Healthcare sector median of 8.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 89.9× (2.93%)
Jun 2026 92.6× (87.23%)
Mar 2026 725× —
Dec 2025 0.0× —
13 more quarters

Against its own ten years

Low 0.0× High 847×
Ten-year median 0.0×
Current reading's percentile 92

EV/EBITDA against peers

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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