Erasca, Inc.

ERAS Healthcare Biotechnology

EPS
−16.7%
Free cash flow
−4.67%

Quarter to June 2026, against a year earlier

14.34 1.07 +8.06%
Market cap
$4.6B
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 2.28
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — 1 — 1 1 — — — — — — —
Insider Ownership 20.61%

Capital & Financial Ratios $m

Size
Market Cap 4,640.00
Revenue ttm —
Net income ttm (287.22)
Free cash flow ttm (252.08)
Net debt Q (268.74)
Valuation
P/E 0.00
Forward P/E —
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 12.34 (above 6: high)
Financial health
Current ratio Q 8.29 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 0.00
Growth
Revenue growth Q —
Operating income growth Q −24.90% (below 0%: shrinking)
EPS, this year −121.20% (below 0%: weak)
EPS, next year A +36.24% (at or above 15%: strong)
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A −20.83% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/B against its own 10 years 90.87%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 312 298 276 269
Receivables — — — —
Inventory — — — —
Other — — — —
321 309 286 278
2023 2024 2025 Q'26
Payables 2 0 1 2
ST’ Debt — — — —
Other — — — —
26 31 29 34

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (7.57%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.60) (0.14) — — —
’25 (0.11) (0.12) (0.11) (0.10) (0.44)
’24 (0.23) (0.29) (0.11) (0.11) (0.69)
’23 (0.22) (0.21) (0.20) (0.20) (0.83)
’22 (0.31) (0.30) (0.29) (1.06) (1.99)
’21 (0.81) (1.20) (0.46) (0.26) (1.85)
’20 (0.20) (0.26) (0.50) — (4.83)
Fiscal quarters ending in the months shown.

Revenue $m

Year
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (27) (27) — — —
’25 (32) (21) (22) (22) (95)
’24 (33) (29) (22) (25) (109)
’23 (26) (26) (24) (25) (101)
’22 (26) (27) (24) (26) (103)
’21 (16) (18) (23) (22) (80)
’20 (6) (12) (7) (13) (33)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (177) (27) — — —
’25 (32) (26) (26) (22) (105)
’24 (33) (52) (22) (25) (132)
’23 (48) (26) (24) (25) (123)
’22 (35) (32) (26) (27) (120)
’21 (22) (19) (30) (28) (98)
’20 (6) (31) (8) (13) (71)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — — — — — 1 1 2 +91.5%
Gross margin, % — — — 0.00 0.00 0.00 0.00 — — — 0.00 0.0 pt
EBT — — — (12) (102) (123) (243) (125) (162) (125) (287) +47.6%
EBT margin, % — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
Net income — 0 — (12) (102) (123) (243) (125) (162) (125) (287) n/m
Per share, $
Per share, $ Revenue — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Earnings — — — (0.10) (4.83) (1.85) (1.99) (0.83) (0.69) (0.44) (0.95) +28.0%
Cash flow — — — (0.09) (1.55) (1.20) (0.85) (0.67) (0.47) (0.34) (0.31) +25.3%
Capex — — — 0.00 (1.84) (0.28) (0.14) (0.14) (0.10) (0.03) (0.49) n/m
Free cash flow — — — (0.09) (3.39) (1.49) (0.98) (0.82) (0.56) (0.37) (0.81) +27.3%
Book value — — — 0.42 (5.42) 6.89 3.38 2.11 1.81 1.15 1.16 +18.3%
Shares, m — — — 119 21 66 122 150 234 284 296 +15.6%
Valuation, ×
Valuation, × P/E — — — — — — — — — — 0 —
P/S — — — — — — — — — — 0 —
P/B — — — — — — — — — — 0 —
EV/Sales — — — — — — — — — — 0 —
EV/FCF — — — — — — — — — — 0 —
Cash, $m
Cash, $m Operating cash flow — — — (10) (33) (80) (103) (101) (109) (95) (98) +44.7%
Capex — — — (1) (39) (19) (17) (22) (23) (10) (154) +58.9%
Free cash flow — — — (10) (71) (98) (120) (123) (132) (105) (252) +47.1%
Balance, $m
Balance, $m Working capital — — — 48 106 394 396 295 277 258 245 +32.2%
Net debt — — — (47) (119) (414) (436) (312) (298) (276) (269) +34.5%
Shareholders’ equity — — — 50 (114) 457 412 317 423 325 362 +36.7%
Returns, %
Returns, % ROA — — — (43.38) (112.74) (39.21) (47.78) (27.48) (36.01) (27.72) (65.25) +15.7 pt
ROIC — — — 0.00 0.00 (185.60) 0.00 (2,039.97) (89.66) (179.37) (203.13) (179.4) pt
ROE — — — 18.87 159.36 (71.68) (55.92) (34.33) (43.68) (33.27) (78.25) (52.1) pt
People
People Employees — — — — — 123 129 126 103 103 — (4.3%)
Revenue/emp, $m — — — — — 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Erasca, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CGON CG Oncology, Inc. $5.7B — (loss-making) — (loss-making) +2,125.00% (above 0%: growing) n/m −67.60% (below 0%: shrinking) (239.24%) (7,467.68%) Compare
SRRK Scholar Rock Holding Corporation $5.5B — (loss-making) — (loss-making) +605.03% (above 0%: growing) n/m +8.88% (above 0%: growing) 0.00% 0.00% Compare
PTCT PTC Therapeutics, Inc. $5.5B — (loss-making) 42.2× +69.57% (above 0%: growing) n/m +90.28% (above 0%: growing) 93.39% 7.02% Compare
MANE Veradermics Incorporated $5.4B — (loss-making) — — n/m −8.81% (below 0%: shrinking) — 0.00% Compare
COGT Cogent Biosciences, Inc. $5.1B — (loss-making) — (loss-making) −69.41% (below 0%: shrinking) n/m −42.01% (below 0%: shrinking) 0.00% 0.00% Compare
CRSP CRISPR Therapeutics AG $4.7B — (loss-making) — (loss-making) +1,325.08% (above 0%: growing) n/m −6.36% (below 0%: shrinking) 100.00% (1,026.48%) Compare
TVTX Travere Therapeutics, Inc. $4.7B — (loss-making) — (loss-making) +36.22% (above 0%: growing) n/m +6,379.75% (above 0%: growing) 98.72% (30.33%) Compare
ERAS Erasca, Inc. $4.6B — (loss-making) — — n/m −4.67% (below 0%: shrinking) 0.00% 0.00%
DNTH Dianthus Therapeutics, Inc. $4.6B — (loss-making) — (loss-making) +205.56% (above 0%: growing) n/m −65.91% (below 0%: shrinking) 100.00% (4,832.40%) Compare
Median of peers $5.3B — — +205.56% — −7.58% 93.39% (15.16%)

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 28 April 2026

Ownership

Directors and executive officers, together 14.20%
Jonathan E. Lim, M.D. 11.60%
Entities affiliated with Frazier Life Sciences 7.30%
Entities affiliated with Venrock Healthcare Capital 5.20%
T. Rowe Price Investment Management, Inc. 5.20%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Erasca, Inc. (ERAS) Latest News

27 Oct

19 Oct

Impact 4 · · Simply Wall St.

29 May

25 May

10 May

ERAS metrics, ten years each

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