Disc Medicine, Inc.

IRON Healthcare Biotechnology

EPS
+2.53%
Free cash flow
+7.83%
Total debt
+106.5%

Quarter to June 2026, against a year earlier

78.00 0.47 −0.60%
Market cap
$3.5B
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 47.45
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 4 2 7 1 2 — 6 2 4 3 1 —
Insider Ownership 27.23%

Capital & Financial Ratios $m

Size
Market Cap 3,480.00
Revenue ttm —
Net income ttm (245.89)
Free cash flow ttm (197.54)
Net debt Q (658.41)
Valuation
P/E 0.00
Forward P/E —
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 4.74
Financial health
Current ratio Q 24.14 (at or above 1.5: strong)
Debt / equity Q 0.09 (at or below 0.5: strong)
Interest coverage Q (71.67)
Growth
Revenue growth Q —
Operating income growth Q −5.97% (below 0%: shrinking)
EPS, this year +0.35%
EPS, next year A −3.09% (below 0%: weak)
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A +9.86%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/B against its own 10 years 87.88%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 360 490 791 718
Receivables — — — —
Inventory — — — —
Other — — — —
366 494 804 733
2023 2024 2025 Q'26
Payables 13 8 9 7
ST’ Debt — — — —
Other — — — —
21 23 37 30

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 61.21%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (1.65) (1.54) — — —
’25 (1.02) (1.58) (1.77) (1.62) (6.01)
’24 (1.09) (1.03) (0.89) (0.98) (3.96)
’23 (1.20) (0.74) (0.58) (0.97) (3.42)
’22 (10.66) (10.14) (16.82) (7.45) (45.05)
’21 (5.90) (3.80) (4.30) (4.10) (40.97)
Fiscal quarters ending in the months shown.

Revenue $m

Year
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (62) (44) — — —
’25 (41) (48) (48) (43) (180)
’24 (34) (15) (17) (28) (94)
’23 (35) (13) (7) (18) (73)
’22 (14) (9) (10) (10) (42)
’21 (15) (16) (16) 19 (28)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (62) (44) — — —
’25 (42) (48) (48) (43) (181)
’24 (34) (15) (17) (28) (94)
’23 (35) (13) (8) (18) (74)
’22 (14) (9) (10) (10) (42)
’22 — — — — (42)
’21 (15) (16) (16) 19 (28)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — — — — — 33 33 169 +127.6%
Gross margin, % — — — — 0.00 0.00 0.00 — — — 0.00 0.0 pt
EBT — — — — (41) (36) (47) (76) (109) (212) (246) +39.0%
EBT margin, % — — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
Net income — 0 — 0 (41) (36) (47) (76) (109) (212) (246) n/m
Per share, $
Per share, $ Revenue — — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Earnings — — — — (27.02) (40.97) (45.05) (3.42) (3.96) (6.01) (6.58) (26.0%)
Cash flow — — — — (21.64) (31.36) (40.67) (3.29) (3.40) (5.11) (5.11) (25.1%)
Capex — — — — (0.01) (0.08) (0.15) 0.00 (0.02) (0.03) 0.00 +12.6%
Free cash flow — — — — (21.65) (31.44) (40.81) (3.30) (3.42) (5.14) (5.11) (25.0%)
Book value — — — — (14.46) (73.12) 169.97 15.47 16.07 20.96 16.65 n/m
Shares, m — — — — 2 1 1 22 28 35 37 +87.8%
Valuation, ×
Valuation, × P/E — — — — — — — — — — 0 —
P/S — — — — — — — — — — 0 —
P/B — — — — — — — — — — 0 —
EV/Sales — — — — — — — — — — 0 —
EV/FCF — — — — — — — — — — 0 —
Cash, $m
Cash, $m Operating cash flow — — — — (33) (28) (42) (73) (94) (180) (198) +40.7%
Capex — — — — 0 0 0 0 (1) (1) (1) +111.6%
Free cash flow — — — — (33) (28) (42) (74) (94) (181) (198) +40.8%
Balance, $m
Balance, $m Working capital — — — — (20) 77 176 344 470 767 702 n/m
Net debt — — — — 5 (88) (195) (360) (462) (762) (658) n/m
Shareholders’ equity — — — — (22) (64) 177 345 444 740 644 n/m
Returns, %
Returns, % ROA — — — 0.00 (490.89) (71.42) (32.01) (26.90) (25.29) (32.55) (35.12) (32.6) pt
ROIC — — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE — — — — 186.80 83.59 (83.32) (29.30) (27.73) (35.86) (39.08) (222.7) pt
People
People Employees — — — — — 33 46 74 84 155 — +47.2%
Revenue/emp, $m — — — — — 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Disc Medicine, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
RLAY Relay Therapeutics, Inc. $3.7B — (loss-making) — (loss-making) −95.44% (below 0%: shrinking) n/m +2.13% (above 0%: growing) 100.00% (25,949.71%) Compare
ACAD ACADIA Pharmaceuticals Inc. $3.7B 10.0× 33.4× +22.85% (above 0%: growing) −27.91% (below 0%: shrinking) +141.15% (above 0%: growing) 89.75% 20.95% Compare
XENE Xenon Pharmaceuticals Inc. $3.7B — (loss-making) — (loss-making) +100.70% (above 0%: growing) n/m −48.57% (below 0%: shrinking) 100.00% 0.00% Compare
TNGX Tango Therapeutics, Inc. $3.5B — (loss-making) — (loss-making) −100.00% (below 0%: shrinking) n/m −4.58% (below 0%: shrinking) 0.00% 0.00% Compare
IOVA Iovance Biotherapeutics, Inc. $3.5B — (loss-making) — (loss-making) +80.07% (above 0%: growing) n/m +89.72% (above 0%: growing) 0.00% (19.73%) Compare
IRON Disc Medicine, Inc. $3.5B — (loss-making) — — n/m +7.83% (above 0%: growing) 0.00% 0.00%
PBLS Parabilis Medicines, Inc. $3.4B — (loss-making) — — n/m — 100.00% (34,382.43%) Compare
VKTX Viking Therapeutics, Inc. $3.3B — (loss-making) — — n/m −47.01% (below 0%: shrinking) 0.00% 0.00% Compare
DYN Dyne Therapeutics, Inc. $3.2B — (loss-making) — — n/m −39.08% (below 0%: shrinking) 0.00% 0.00% Compare
Median of peers $3.5B — — +22.85% — −4.58% 44.88% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 28 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 9.99m 13.48m 257.82
2024 9.07m 8.67m 205.84
2023 909.10k 5.23m 187.53
2022 1.83m 1.18m 64.58

Ownership

Directors and executive officers, together 3.76%
FMR LLC 13.87%
AI DMI LLC 7.86%
RA Capital Management, L.P. 5.84%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Disc Medicine, Inc. (IRON) Latest News

4 Mar

IRON metrics, ten years each

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