Xencor, Inc.

XNCR Healthcare Biotechnology

Xencor, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $125.6 million, up 13.7% from fiscal 2024.

Revenue
+17.5%
EPS
+29.3%
Free cash flow
−52.9%

Quarter to June 2026, against a year earlier

36.33 2.28 +6.70%
Market cap
$2.5B
P/E
0.0×
Fwd P/E
−9.9×
Dividend yield
—
F-score
3/9
Altman Z
1.73
Beneish M
−2.86
Dividend safety
n/a

Xencor, Inc. (XNCR) Free cash flow margin

Alert me on Free cash flow margin

Xencor, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was −198.4%, down 88.3 percentage points from fiscal 2025 (−110.1%). Over the past ten years it has ranged from −218.9% (fiscal 2018) to 84.6% (fiscal 2016); the current reading is higher than 27% of that period. That is below the Biotechnology industry median of 0.00% and below the Healthcare sector median of 0.00%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 −110.1% 81.49
FY2024 −191.6% (134.80)
FY2023 −56.8% (45.30)
FY2022 −11.5% 0.43
FY2021 −11.9% 3.37
FY2020 −15.3% (49.34)
FY2019 34.0% 252.97
FY2018 −218.9% (130.36)
FY2017 −88.6% (173.17)
FY2016 84.6% 1.75

Against its own ten years

Low −218.9% High 84.6%
Ten-year median −15.3%
Current reading's percentile 27

Free cash flow margin against peers

Company Free cash flow margin
ADMA ADMA Biologics Inc compare 27.1%
MBX MBX Biosciences, Inc. compare 0.00%
PHVS Pharvaris N.V. compare 0.00%
ZLAB Zai Lab Limited Unsponsored ADR compare −44.6%
XNCR Xencor, Inc. −198.4%
BEAM Beam Therapeutics Inc. compare −271.6%
RXRX Recursion Pharmaceuticals, Inc. compare −460.9%
RCUS Arcus Biosciences, Inc. compare −465.0%
NAMS NewAmsterdam Pharma Company N.V. compare −581.6%
Biotechnology industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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