Harmony Biosciences Holdings, Inc.

HRMY Healthcare Biotechnology

Harmony Biosciences Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $868.5 million, up 21.5% from fiscal 2024.

Revenue
+12.3%
EPS
−6.24%
Free cash flow
−29.4%
Total debt
−11.5%

Quarter to September 2026, against a year earlier

33.04 0.57 +1.76%
Market cap
$1.9B
P/E
10.7×
Fwd P/E
9.9×
Dividend yield
—
F-score
5/9
Altman Z
5.23
Beneish M
−2.99
Dividend safety
n/a

Harmony Biosciences Holdings, Inc. (HRMY) Debt to equity

Alert me on Debt to equity

Harmony Biosciences Holdings, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.1×, down 0.0× from fiscal 2025 (0.2×). Over the past ten years it has ranged from −8.5× (fiscal 2019) to 2.0× (fiscal 2020); the current reading is higher than 38% of that period. That is above the Biotechnology industry median of 0.0× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.2× (30.85%)
FY2024 0.3× (34.38%)
FY2023 0.4× (12.87%)
FY2022 0.5× (53.79%)
FY2021 1.0× (48.50%)
FY2020 2.0× —
FY2019 −8.5× —
FY2018 −1.3× —

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.1× (9.73%)
Jun 2026 0.2× (11.69%)
Mar 2026 0.2× (7.23%)
Dec 2025 0.2× (6.79%)
25 more quarters

Against its own ten years

Low −8.5× High 2.0×
Ten-year median 0.3×
Current reading's percentile 38

Debt to equity against peers

Company Debt to equity
TRVI Trevi Therapeutics, Inc. compare 0.0×
VIR Vir Biotechnology, Inc. compare 0.0×
TRAX First Tracks Biotherapeutics, Inc. compare 0.0×
MAZE Maze Therapeutics, Inc. compare 0.1×
HRMY Harmony Biosciences Holdings, Inc. 0.1×
MESO Mesoblast Limited compare 0.2×
SRPT Sarepta Therapeutics, Inc. compare 0.6×
REPL Replimune Group, Inc. compare 0.6×
FTRE Fortrea Holdings Inc. compare 2.0×
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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