Ascendis Pharma A/S

ASND Healthcare Biotechnology

Ascendis Pharma A/S’s revenue for fiscal 2025 (year ended December 2025) was $814.8 million, up 107.1% from fiscal 2024.

Revenue
+119.9%
EPS
+612.3%
Free cash flow
+2,335.9%
Total debt
−41.8%

Quarter to June 2026, against a year earlier

256.42 2.97 +1.17%
Market cap
$16.6B
P/E
18.3×
Fwd P/E
15.4×
Dividend yield
—
F-score
5/9
Altman Z
2.02
Beneish M
−2.51
Dividend safety
n/a

Ascendis Pharma A/S (ASND) Debt to equity

Alert me on Debt to equity

Ascendis Pharma A/S's debt to equity at the end of the quarter to 30 June 2026 was 0.3×, up 5.7× from fiscal 2025 (−5.4×). Over the past ten years it has ranged from −8.1× (fiscal 2024) to 1.9× (fiscal 2022); the current reading is higher than 18% of that period. That is above the Biotechnology industry median of 0.0× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 −5.4× —
FY2024 −8.1× —
FY2023 −3.7× —
FY2022 1.9× 1,596.31%
FY2021 0.1× (2.65%)
FY2020 0.1× 90.70%
FY2019 0.1× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× (82.95%)
Mar 2026 1.8× —
Dec 2025 −5.4× —
Sep 2025 −4.7× —
42 more quarters

Against its own ten years

Low −8.1× High 1.9×
Ten-year median 0.0×
Current reading's percentile 18

Debt to equity against peers

Company Debt to equity
HALO Halozyme Therapeutics, Inc. compare −58.8×
BBIO BridgeBio Pharma, Inc. compare −1.2×
EXEL Exelixis, Inc. compare 0.0×
SMMT Summit Therapeutics PLC compare 0.0×
BNTX BioNTech SE Sponsored ADR compare 0.0×
ALNY Alnylam Pharmaceuticals, Inc. compare 0.3×
ASND Ascendis Pharma A/S 0.3×
INSM Insmed, Inc. compare 0.8×
JAZZ Jazz Pharmaceuticals PLC compare 1.3×
Biotechnology industry median 0.0×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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