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
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Arcutis Biotherapeutics, Inc. (ARQT) P/B ratio
As of 6 November 2026, Arcutis Biotherapeutics, Inc. (ARQT) trades at a P/B ratio of 13.7×. Over the past ten years it has ranged from 0.0× (March 2020) to 25.2× (December 2025); the current reading is higher than 82% of that period. That is above the Biotechnology industry median of 2.0× and above the Healthcare sector median of 2.3×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 19.5× | 82.32% |
| FY2024 | 10.7× | 298.93% |
| FY2023 | 2.7× | (30.87%) |
| FY2022 | 3.9× | — |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 14.2× | (8.52%) |
| Jun 2026 | 15.5× | (3.46%) |
| Mar 2026 | 16.1× | (17.59%) |
| Dec 2025 | 19.5× | 28.13% |
| 13 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| TNGX Tango Therapeutics, Inc. compare | 3.1× |
| LEGN Legend Biotech Corporation Sponsored ADR compare | 3.4× |
| DFTX Definium Therapeutics, Inc. compare | 3.7× |
| ABCL AbCellera Biologics Inc. compare | 3.8× |
| DNTH Dianthus Therapeutics, Inc. compare | 3.9× |
| RLAY Relay Therapeutics, Inc. compare | 3.9× |
| IOVA Iovance Biotherapeutics, Inc. compare | 4.3× |
| EWTX Edgewise Therapeutics, Inc. compare | 9.4× |
| ARQT Arcutis Biotherapeutics, Inc. | 14.6× |
| Biotechnology industry median | 2.0× |
| Healthcare sector median | 2.3× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on ARQT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Altman Z-score
- Beneish M-score
- The full statement