Eton Pharmaceuticals, Inc.

ETON Healthcare Drug Manufacturers Specialty & Generic

Eton Pharmaceuticals, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $80.0 million, up 104.9% from fiscal 2024.

Revenue
+157.9%
EPS
+1,857.1%
Free cash flow
+172.6%
Total debt
−24.0%

Quarter to September 2026, against a year earlier

47.45 3.27 −6.45%
Market cap
$1.4B
P/E
26.8×
Fwd P/E
48.0×
Dividend yield
—
F-score
5/9
Altman Z
3.55
Beneish M
−2.24
Dividend safety
n/a

Eton Pharmaceuticals, Inc. (ETON) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Eton Pharmaceuticals, Inc. (ETON) trades at a EV/Sales of 9.4×. Over the past ten years it has ranged from 0.0× (June 2020) to 5,059× (February 2021); the current reading is higher than 77% of that period. That is above the Drug Manufacturers Specialty & Generic industry median of 2.9× and above the Healthcare sector median of 3.5×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 5.7× (38.37%)
FY2024 9.3× 178.73%
FY2023 3.3× 13.28%
FY2022 3.0× (35.76%)
FY2021 4.6× (99.89%)
FY2020 4,014× —
FY2019 0.0× —

Quarterly newest first

Period EV/Sales Change
Sep 2026 10.2× 7.85%
Jun 2026 9.5× 20.48%
Mar 2026 7.9× 36.96%
Dec 2025 5.7× (30.02%)
25 more quarters

Against its own ten years

Low 0.0× High 5,059×
Ten-year median 4.3×
Current reading's percentile 71

EV/Sales against peers

Company EV/Sales
PAHC Phibro Animal Health Corporation compare 1.4×
ANIP ANI Pharmaceuticals, Inc. compare 1.6×
AMPH Amphastar Pharmaceuticals, Inc. compare 2.0×
PCRX Pacira BioSciences, Inc. compare 2.3×
CRON Cronos Group Inc. compare 3.0×
HROW Harrow, Inc. compare 4.3×
XERS Xeris Biopharma Holdings, Inc. compare 6.7×
ALVO Alvotech compare 8.6×
ETON Eton Pharmaceuticals, Inc. 9.4×
Drug Manufacturers Specialty & Generic industry median 2.9×
Healthcare sector median 3.5×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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