Ionis Pharmaceuticals, Inc.

IONS Healthcare Biotechnology

Ionis Pharmaceuticals, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $943.7 million, up 33.8% from fiscal 2024.

Revenue
−40.7%
EPS
−188.5%
Free cash flow
+299.3%
Total debt
+116.0%

Quarter to June 2026, against a year earlier

39.48 0.68 +1.75%
Market cap
$6.5B
P/E
0.0×
Fwd P/E
−12.2×
Dividend yield
—
F-score
4/9
Altman Z
2.12
Beneish M
−3.13
Dividend safety
n/a

Ionis Pharmaceuticals, Inc. (IONS) Return on assets

Alert me on Return on assets

Ionis Pharmaceuticals, Inc.'s return on assets over the twelve months to 30 June 2026 was −18.9%, down 7.2 percentage points from fiscal 2025 (−11.7%). Over the past ten years it has ranged from −15.8% (fiscal 2020) to 13.7% (fiscal 2018); the current reading is higher than 36% of that period. That is above the Biotechnology industry median of −45.6% and above the Healthcare sector median of −29.3%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 −11.7% 3.46
FY2024 −15.2% (1.89)
FY2023 −13.3% (2.78)
FY2022 −10.5% (9.34)
FY2021 −1.14% 14.66
FY2020 −15.8% (25.23)
FY2019 9.43% (4.29)
FY2018 13.7% 13.69
FY2017 0.03% 6.52
FY2016 −6.49% 2.78

Against its own ten years

Low −15.8% High 13.7%
Ten-year median −9.27%
Current reading's percentile 36

Return on assets against peers

Company Return on assets
LGND Ligand Pharmaceuticals Incorporated compare 2.77%
ORKA Oruka Therapeutics, Inc. compare −17.8%
IONS Ionis Pharmaceuticals, Inc. −18.9%
AXSM Axsome Therapeutics, Inc. compare −21.0%
BLTE Belite Bio, Inc. Sponsored ADR compare −21.6%
CGON CG Oncology, Inc. compare −25.1%
IMVT Immunovant, Inc. compare −71.1%
KOD Kodiak Sciences Inc. compare −94.3%
MIRM Mirum Pharmaceuticals, Inc. compare −99.8%
Biotechnology industry median −45.6%
Healthcare sector median −29.3%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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