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

256.70 3.25 +1.28%
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

Alert me on Free cash flow

Ascendis Pharma A/S's free cash flow for fiscal 2025 was $51.4M, compared with −$331.9M in fiscal 2024. Over the twelve months to 30 June 2026 it was $387.5M. Over the past ten years it has ranged from −$527.5M (fiscal 2022) to $51.4M (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 3 consecutive fiscal years. Ascendis Pharma A/S ranks 12th of 603 Biotechnology companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $51.4M —
FY2024 −$331.9M —
FY2023 −$508.4M —
FY2022 −$527.5M —
FY2021 −$522.8M —
FY2020 −$329.0M —
FY2019 −$202.8M —
FY2018 −$167.1M —
FY2017 −$108.6M —
FY2016 −$67.3M —

Quarterly newest first

Period Free cash flow Change
Jun 2026 $323.9M —
Mar 2026 −$18.1M —
Dec 2025 $80.1M 5,052.95%
Sep 2025 $1.6M —
42 more quarters

Against its own ten years

Low −$527.5M High $51.4M
Ten-year median −$202.8M
Current reading's percentile 100

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

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

The full definition of Free cash flow →

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