Halozyme Therapeutics, Inc.

HALO Healthcare Biotechnology

Halozyme Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 37.6% from fiscal 2024.

Revenue
+39.2%
EPS
+45.6%
Free cash flow
−58.6%
Total debt
+115.1%

Quarter to September 2026, against a year earlier

103.68 19.28 −15.68%
Market cap
$14.0B
P/E
29.5×
Fwd P/E
17.9×
Dividend yield
—
F-score
5/9
Altman Z
3.46
Beneish M
−2.59
Dividend safety
n/a

Halozyme Therapeutics, Inc. (HALO) Debt to equity

Alert me on Debt to equity

Halozyme Therapeutics, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was −58.8×, down 103× from fiscal 2025 (43.9×). Over the past ten years it has ranged from −6.7× (fiscal 2016) to 43.9× (fiscal 2025) — the current reading is the highest in ten years. That is below the Biotechnology industry median of 0.0× and below the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 43.9× 960.54%
FY2024 4.1× (76.86%)
FY2023 17.9× 101.68%
FY2022 8.9× 99.27%
FY2021 4.5× 69.26%
FY2020 2.6× (40.06%)
FY2019 4.4× 763.96%
FY2018 0.5× (47.71%)
FY2017 1.0× —
FY2016 −6.7× —

Quarterly newest first

Period Debt to equity Change
Sep 2026 −58.8× —
Jun 2026 15.0× 53.15%
Mar 2026 9.8× (77.75%)
Dec 2025 43.9× 1,364.10%
43 more quarters

Against its own ten years

Low −6.7× High 43.9×
Ten-year median 4.1×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
HALO Halozyme Therapeutics, Inc. −58.8×
BBIO BridgeBio Pharma, Inc. compare −1.2×
EXEL Exelixis, Inc. compare 0.0×
SMMT Summit Therapeutics PLC compare 0.0×
KYMR Kymera Therapeutics, Inc. compare 0.0×
TECH Bio-Techne Corp compare 0.1×
ASND Ascendis Pharma A/S compare 0.3×
BMRN BioMarin Pharmaceutical Inc. compare 0.7×
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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