MacroGenics, Inc.
MGNX Healthcare Biotechnology
In the quarter to June 2026, revenue grew 378.0%, EPS grew 154.4% and free cash flow grew 12.9%, each against the same quarter a year earlier.
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MacroGenics, Inc. (MGNX) Piotroski F-score
MacroGenics, Inc.'s Piotroski F-score for fiscal 2025 is 3 out of 9: 3 of nine tests of profitability, leverage and efficiency passed, unchanged from fiscal 2024.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 3 | 0.00 |
| FY2024 | 3 | 1.00 |
| FY2023 | 2 | (3.00) |
| FY2022 | 5 | 3.00 |
| FY2021 | 2 | (3.00) |
| FY2020 | 5 | 0.00 |
| FY2019 | 5 | 3.00 |
| FY2018 | 2 | (3.00) |
| FY2017 | 5 | 3.00 |
| FY2016 | 2 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (28.78%) | (23.91%) | Fail | 0 |
| Positive operating cash flow | (81.04m) | (68.37m) | Fail | 0 |
| Rising return on assets | (28.78%) | (23.91%) | Fail | 0 |
| Cash flow above net income | (6.42m) | (1.41m) | Fail | 0 |
| Falling long-term leverage | 0.00 | 0.00 | Pass | 1 |
| Rising current ratio | 5.10 | 3.92 | Pass | 1 |
| No new shares issued | 63,155,000 | 62,621,000 | Fail | 0 |
| Rising gross margin | 75.91% | 91.80% | Fail | 0 |
| Rising asset turnover | 0.58 | 0.54 | Pass | 1 |
| Piotroski F-score | Weak — most fundamentals deteriorated | 3 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| KROS Keros Therapeutics, Inc. compare | 7 |
| CAMP CAMP4 Therapeutics Corporation compare | 4 |
| PLX Protalix BioTherapeutics, Inc. compare | 3 |
| MGNX MacroGenics, Inc. | 3 |
| IFRX InflaRx N.V. compare | 2 |
| ALEC Alector, Inc. compare | 1 |
| PYXS Pyxis Oncology, Inc. compare | — |
| EVMN Evommune Inc. compare | — |
| ZNTL Zentalis Pharmaceuticals, Inc. compare | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover