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) Free cash flow margin

Alert me on Free cash flow margin

Ascendis Pharma A/S's free cash flow margin over the twelve months to 30 June 2026 was 32.0%, up 25.7 percentage points from fiscal 2025 (6.31%). Over the past ten years it has ranged from −6,277.0% (fiscal 2017) to 6.31% (fiscal 2025) — the current reading is the highest in ten years. That is above the Biotechnology industry median of 0.00% and above the Healthcare sector median of 0.00%.

Free cash flow margin, annual

Embed this chart

Annual newest first

Period Free cash flow margin Change (points)
FY2025 6.31% 90.64
FY2024 −84.3% 91.79
FY2023 −176.1% 802.22
FY2022 −978.3% 4,702.82
FY2021 −5,681.2% (1,538.39)
FY2020 −4,142.8% (2,788.79)
FY2019 −1,354.0% (17.15)
FY2018 −1,336.8% 4,940.14
FY2017 −6,277.0% (4,955.85)
FY2016 −1,321.1% (772.89)

Against its own ten years

Low −6,277.0% High 6.31%
Ten-year median −1,321.1%
Current reading's percentile 100

Free cash flow margin against peers

Company Free cash flow margin
HALO Halozyme Therapeutics, Inc. compare 49.8%
EXEL Exelixis, Inc. compare 45.8%
ASND Ascendis Pharma A/S 32.0%
ALNY Alnylam Pharmaceuticals, Inc. compare 16.1%
JAZZ Jazz Pharmaceuticals PLC compare 14.1%
SMMT Summit Therapeutics PLC compare 0.00%
BNTX BioNTech SE Sponsored ADR compare −19.2%
BBIO BridgeBio Pharma, Inc. compare −39.1%
INSM Insmed, Inc. compare −41.3%
Biotechnology industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

More on ASND