Neurocrine Biosciences, Inc.

NBIX Healthcare Drug Manufacturers Specialty & Generic

Neurocrine Biosciences, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 21.4% from fiscal 2024. In the quarter to June 2026, revenue grew 39.5%, EPS grew 31.2% and free cash flow grew 43.7%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for five.

135.71 1.24 −0.91%
Market cap
$13.9B
P/E
19.2×
Fwd P/E
30.5×
Dividend yield
—
F-score
7/9
Altman Z
7.80
Beneish M
−2.64
Dividend safety
n/a
Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Piotroski F-Score
— 3 6 7 5 4 6 6 8 7
P/E ratio
0.00 0.00 324.59 268.73 21.98 89.65 74.58 51.86 40.38 29.43
P/S ratio
92.53 39.55 14.28 12.49 8.53 7.11 7.73 6.82 5.82 4.93
Altman Z-Score
35.68 7.56 7.24 8.65 9.70 7.62 11.59 8.70 8.83 7.80
Altman Z″-Score (non-manufacturers)
(0.53) (0.97) 1.66 (0.12) 4.35 3.70 5.40 4.58 5.61 6.21
P/FCF ratio
0.00 0.00 84.09 74.42 41.01 34.56 35.63 35.59 24.60 18.85
Beneish M-Score
— — (1.52) (1.75) (1.55) (2.60) (2.15) (1.68) (2.23) (2.64)
P/Operating CF
(106.00) 172.16 127.57 100.99 94.43 1,918.35 80.45 104.21 56.51 36.33
P/B ratio
10.65 18.77 13.40 15.46 7.92 5.86 6.74 5.77 5.29 4.34
Price to Tangible BV
10.65 18.77 13.40 15.46 7.92 5.86 6.89 5.86 5.37 4.35
EV/Sales
84.07 38.72 14.54 12.24 8.44 7.11 7.38 6.57 5.60 4.61
EV/EBITDA
0.00 0.00 109.92 96.46 45.72 58.40 40.97 48.80 23.07 20.71
EV/Operating CF
(28.69) (72.50) 64.72 65.62 38.62 31.44 32.39 31.78 22.14 16.85
EV/FCF
(27.62) (67.54) 85.67 72.91 40.55 34.60 34.04 34.27 23.66 17.61
Quick Ratio
10.11 10.05 8.03 1.41 5.14 3.65 2.49 2.25 3.06 2.92
Current Ratio
10.21 10.20 8.36 1.47 5.45 3.96 2.70 2.45 3.40 3.39
Net Debt/EBITDA
2.15 1.27 (4.40) (5.83) (2.50) (2.72) (3.69) (4.06) (1.88) (2.33)
Debt/Assets
0.17% 45.21% 39.12% 6.66% 18.33% 16.17% 0.00% 0.00% 0.00% 0.00%
Debt/Equity
0.00 0.99 0.81 0.14 0.28 0.24 0.00 0.00 0.00 0.00
Asset Turnover
0.04 0.27 0.50 0.69 0.69 0.60 0.67 0.67 0.68 0.69
Operating CF/Net income
0.75 0.66 4.81 3.97 0.56 2.86 2.20 1.56 1.74 1.64
Capex/Depreciation
(0.82) (0.43) (1.08) (0.53) (0.36) (0.66) (0.85) (9.43) (42.44) (1.95)
Interest Coverage
(49.12) (6.73) 1.21 2.26 4.97 3.97 35.07 54.54 — —
ROE
(38.17%) (41.50%) 4.95% 6.62% 46.20% 7.17% 10.03% 12.68% 14.16% 16.38%
ROA
(33.60%) (24.10%) 2.33% 3.22% 26.79% 4.71% 6.96% 8.89% 9.79% 11.46%
ROIC
(1,130.99%) (36.36%) 10.53% 84.62% 15.84% 6.42% 21.66% 13.06% 23.56% 21.83%
Return on Tangible Assets
(49.28%) (27.88%) 3.09% 12.03% 46.59% 11.41% 15.86% 24.41% 26.26% 25.61%
Average Days of Receivables
0.00 70.29 46.44 58.63 54.83 59.73 85.81 84.97 74.25 87.64
Research and Development Expense of Revenue
628.61% 56.81% 34.53% 25.38% 26.29% 28.95% 31.15% 29.94% 31.04% 35.51%
Selling, General and Administrative Expense of Revenue
453.87% 105.12% 55.16% 44.93% 41.43% 51.46% 50.56% 47.04% 42.76% 40.42%
Intangible Assets out of Total Assets
0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.01 0.00
Share Based Compensation of Revenue
189.76% 26.31% 12.88% 9.55% 9.56% 11.84% 11.63% 10.30% 8.30% 7.62%
Graham Net Nets
0.08 0.02 0.04 0.02 0.05 0.03 0.07 0.05 0.04 0.08
Graham Number
0.00 0.00 5.14 7.91 34.45 17.62 25.41 36.13 44.29 59.55
Earnings Yield
(4.19%) (2.06%) 0.31% 0.37% 4.55% 1.12% 1.34% 1.93% 2.48% 3.40%
Free Cash Flow Yield
(3.29%) (1.45%) 1.19% 1.34% 2.44% 2.89% 2.81% 2.81% 4.07% 5.31%
Revenue per Share
0.17 1.83 5.00 8.60 11.23 11.98 15.54 19.32 23.46 28.75
Operating CF per Share
(1.22) (1.07) 1.12 1.60 2.45 2.71 3.54 3.99 5.93 7.87
Capex per Share
(0.05) (0.08) (0.27) (0.16) (0.12) (0.25) (0.17) (0.29) (0.38) (0.34)
Free Cash Flow per Share
(1.27) (1.15) 0.85 1.44 2.34 2.46 3.37 3.70 5.55 7.52
Cash per Share
3.54 5.86 7.22 7.32 8.60 7.52 10.33 10.56 10.72 14.88
Shareholders Equity per Share
3.63 4.22 5.33 6.95 12.10 14.52 17.83 22.85 25.79 32.69
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
3.63 4.22 5.33 6.95 12.10 14.52 17.83 22.85 25.79 32.69
Free Cash Flow
(110.28) (101.26) 76.60 132.30 217.60 233.10 322.90 361.60 557.20 748.70
Working Capital
280.03 500.49 649.54 265.70 829.70 727.00 915.80 952.20 1,217.00 1,779.30
Capital Expenditures
(4.09) (6.93) (24.80) (14.70) (10.90) (23.40) (16.50) (28.30) (38.20) (34.00)
Net Current Asset Value
260.23 109.47 225.39 161.90 407.70 274.30 792.60 587.60 595.70 1,144.30
EV/EBIT
0.00 0.00 178.33 133.42 54.14 78.68 44.14 49.39 23.11 21.30
Capex to Sales
0.27 0.04 0.06 0.02 0.01 0.02 0.01 0.02 0.02 0.01
Price to Operating Income
0.00 0.00 175.03 136.18 54.75 78.61 46.20 51.30 24.02 22.79
Other line items
Depreciation/Fixed assets
0.79 1.47 0.68 0.66 0.67 0.61 0.33 0.04 0.01 0.19
Cash ROIC
(17.71%) (8.05%) 5.04% 9.49% 9.69% 9.63% 11.97% 11.08% 15.20% 15.82%
Accounts Receivable Turnover
0.00 7.15 10.19 8.57 7.37 6.62 5.56 4.78 5.13 4.91
Accounts Payable Turnover
0.00 0.03 0.07 0.07 0.07 0.07 0.08 0.10 0.07 0.09
Inventory Turnover
— 0.21 0.82 0.53 0.45 0.49 0.71 1.08 0.71 0.82
Average Days of Payables
0.00 15,577.99 6,434.21 6,969.53 6,096.58 5,763.43 5,468.71 4,126.25 4,955.41 4,723.98
Days of Inventory on Hand
— 298.05 809.26 853.31 1,011.88 778.50 552.22 352.13 616.21 483.40
Average Receivables
— 22.61 44.27 92.00 141.85 171.30 267.75 394.65 459.20 582.95
Average Payables
14.37 39.85 69.95 113.84 155.00 197.25 286.70 398.20 455.20 567.95
Average Inventory
— 6.01 5.94 14.08 22.65 29.25 32.80 36.70 47.85 63.20
Average Assets
419.94 591.34 905.37 1,149.58 1,520.35 1,903.60 2,220.60 2,810.05 3,485.05 4,175.10
Average Common Equity
369.67 343.51 426.45 558.83 881.55 1,250.10 1,540.90 1,969.90 2,410.85 2,921.40

Fold the line items

Columns are period end dates