Lyell Immunopharma, Inc.

LYEL Healthcare Biotechnology

Lyell Immunopharma, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $36,000.00, down 41.0% from fiscal 2024.

Revenue
−80.0%
EPS
+12.7%
Free cash flow
−21.8%

Quarter to September 2026, against a year earlier

14.82 0.18 −1.20%
Market cap
$367.6M
P/E
0.0×
Fwd P/E
−1.5×
Dividend yield
—
F-score
2/9
Altman Z
−5.10
Beneish M
n/a
Dividend safety
n/a

Lyell Immunopharma, Inc. (LYEL) Altman Z-score

Alert me on Altman Z-score

Lyell Immunopharma, Inc.'s Altman Z-score for fiscal 2025 is −5.10, in the distress zone (below 1.81).

Altman Z-score, annual

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Annual newest first

Period Altman Z-score Change (points)
FY2025 −5.10 (0.58)
FY2024 −4.52 (5.47)
FY2023 0.95 (3.06)
FY2022 4.00 1.54
FY2021 2.47 —

How fiscal 2025’s score is made up

Component This year Year before Result Points
Working capital / total assets 0.62 — 0.75
Retained earnings / total assets (4.76) — −6.67
EBIT / total assets (0.79) — −2.61
Market value of equity / total liabilities 5.73 — 3.44
Sales / total assets 0.00 — 0.00
Altman Z-score Distress zone −5.10
Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) Distress zone −13.93

How the Altman Z-score works

Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.

Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.

Zone Z Z″
Safe zoneabove 2.99above 2.60
Grey zone1.81–2.991.10–2.60
Distress zonebelow 1.81below 1.10

Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.

Altman Z-score against peers

What Altman Z-score is

The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.

1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets

The full definition of Altman Z-score →

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