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 equity

Alert me on Return on equity

Ionis Pharmaceuticals, Inc.'s return on equity over the twelve months to 30 June 2026 was −105.5%, down 34.7 percentage points from fiscal 2025 (−70.8%). Over the past ten years it has ranged from −93.1% (fiscal 2024) to 35.3% (fiscal 2018); the current reading is higher than 27% of that period. That is below the Biotechnology industry median of −50.1% and below the Healthcare sector median of −26.3%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 −70.8% 22.30
FY2024 −93.1% (16.76)
FY2023 −76.3% (36.22)
FY2022 −40.1% (36.34)
FY2021 −3.78% 32.82
FY2020 −36.6% (55.97)
FY2019 19.4% (15.90)
FY2018 35.3% 35.12
FY2017 0.15% 40.37
FY2016 −40.2% (1.72)

Against its own ten years

Low −93.1% High 35.3%
Ten-year median −38.5%
Current reading's percentile 27

Return on equity against peers

Company Return on equity
LGND Ligand Pharmaceuticals Incorporated compare 5.38%
BLTE Belite Bio, Inc. Sponsored ADR compare 0.00%
ORKA Oruka Therapeutics, Inc. compare −18.3%
CGON CG Oncology, Inc. compare −26.4%
IMVT Immunovant, Inc. compare −80.1%
IONS Ionis Pharmaceuticals, Inc. −105.5%
AXSM Axsome Therapeutics, Inc. compare −175.6%
KOD Kodiak Sciences Inc. compare −368.4%
MIRM Mirum Pharmaceuticals, Inc. compare −760.0%
Biotechnology industry median −50.1%
Healthcare sector median −26.3%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

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

The full definition of Return on equity →

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