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Innoviva, Inc.

INVA

$20.50 ▼ -0.60 (-2.84%) at close

18 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Excellent

Bullish

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Analytical Summary

Innoviva, Inc. shows strong fundamentals with top-quartile Return on Common Equity (%) and Profit Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $1.4B

Dividend Yield —

Revenue Growth 14.7% ↘

Op. Margin 39.8% ↘

ROIC 9.5% ↘

FCF / Share $2.91 ↘

Trailing P/E 5.1x

Price / Book 1.3x

FCF Yield 14.2%

Debt / Equity 0.22

info Valuation on last close. End-of-day price, Aug 7, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$411.33M

↑ +14.7% —

Net Income Profit after all expenses

$271.17M

↑ +1059.2% —

Operating Margin Operating profit as % of sales

39.8%

↓ -14.4% 93th

FCF / Share Free cash flow per share

$2.91

↓ -3.3% —

Long-Term Debt Long-term obligations

$257.73M

↑ +0.6% —

trending_up

Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile
Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↓

Returns ↓

Financial Health ↓

Cash Quality ↓

Dividend History

Dividend / share · sourced from SEC filings

$0.00 Latest / share

$0.25

FY 2014

$0.25

FY 2015

$0.00

FY 2016

$0.00

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	14.7% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+83%)	15.5% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+94%)	-6.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-179%)	-15.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-293%)	16.4% Good → Good Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+104%)	29.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+263%)	0.0% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-100%)	20.2% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+152%)	62.6% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+683%)	147.6% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1745%)	539.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+6647%)	86.1% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+976%)	-96.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1308%)	453.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+5573%)	1.2% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-85%)	-0.6% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-108%)	—	—
EPS Growth YoY (%)	986.5% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-86.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-10.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-5.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	46.6% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	42.6% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	-60.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	213.6% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	131.5% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	—	—	—	—	—	—	—	—
Net Income Growth YoY (%)	1059.2% Excellent ↑ Excellent Improving Year-over-year change in net income	-87.0% Weak ↓ Weak Declining Year-over-year change in net income	-18.4% Weak ↓ Weak Declining Year-over-year change in net income	-40.3% Weak ↓ Weak Declining Year-over-year change in net income	25.5% Excellent ↓ Excellent Declining Year-over-year change in net income	53.8% Excellent ↓ Excellent Declining Year-over-year change in net income	-53.0% Weak ↓ Weak Declining Year-over-year change in net income	202.6% Excellent ↑ Excellent Improving Year-over-year change in net income	125.5% Excellent ↑ Excellent Improving Year-over-year change in net income	N/M	88.9% Excellent ↑ Excellent Improving Year-over-year change in net income	1.3% Caution ↑ Caution Improving Year-over-year change in net income	-820.6% Weak ↓ Weak Declining Year-over-year change in net income	83.9% Excellent ↑ Excellent Improving Year-over-year change in net income	-37.5% Weak Weak Year-over-year change in net income	1.7% Caution Caution Year-over-year change in net income	—	—
FCF Growth YoY (%)	-3.3% Weak ↑ Weak Improving Year-over-year change in free cash flow	39.7% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-25.8% Weak ↓ Weak Declining Year-over-year change in free cash flow	-34.7% Weak ↓ Weak Declining Year-over-year change in free cash flow	43.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	21.4% Good ↓ Good Declining Year-over-year change in free cash flow	14.8% Fair ↓ Fair Declining Year-over-year change in free cash flow	67.2% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	140.8% Excellent Excellent Year-over-year change in free cash flow	527.3% Excellent Excellent Year-over-year change in free cash flow	—	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	7.5% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	-2.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-2.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	8.3% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	14.5% Good ↓ Good Declining Compound annual revenue growth over 3 years	15.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	25.0% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	69.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	195.3% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	208.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	-26.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-29.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-42.8% Weak Weak Compound annual revenue growth over 3 years	77.3% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	4.1% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	6.6% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	3.5% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	8.8% Good ↓ Good Declining Compound annual revenue growth over 5 years	24.0% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	44.2% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	98.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	124.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	9.9% Good ↓ Good Declining Compound annual revenue growth over 5 years	40.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	17.4% Excellent Excellent Compound annual revenue growth over 5 years	-19.1% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	9.4% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	-51.5% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	7.6% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	25.6% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-6.2% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	20.9% Excellent Excellent Compound annual EPS growth over 3 years	42.1% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	39.8% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+165%)	46.5% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+210%)	—	—	—	95.3% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+536%)	94.4% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+529%)	91.3% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+509%)	84.5% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+464%)	81.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+444%)	58.5% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+290%)	-402.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2782%)	—	-9.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-164%)	-447.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3085%)	-323.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2256%)	-333.8% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2325%)	—
Effective Tax Rate (%) (%)	17.0% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	37.4% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	7.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.2% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.2% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.1% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	18.0% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	-93.3% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—
Profit Margin (%) (%)	65.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+449%)	6.5% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-46%)	57.9% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+382%)	66.5% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+454%)	94.1% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+684%)	87.2% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+627%)	73.2% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+510%)	—	61.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+415%)	44.6% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+271%)	-34.8% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-390%)	—	—	-13.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-214%)	-470.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-4021%)	-346.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2985%)	-350.0% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3016%)	—
FCF Margin (%) (%)	47.6% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	52.5% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	45.3% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	60.9% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	92.8% Excellent → Excellent Stable Free cash flow as a percentage of revenue Optimal: > 10%	93.0% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	98.6% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	85.6% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	65.3% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	45.4% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	18.8% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	—	—
FCF / Net Income (x)	0.72x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	8.05x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.78x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.92x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.99x Caution → Caution Stable Free cash flow relative to reported net income Optimal: > 1x	1.07x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	1.35x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.55x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	1.06x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	1.02x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	-0.54x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.78x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.78x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—	—	—	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%)	9.5% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	11.0% Good Good Return earned on debt + equity capital invested Optimal: > 10%	—	—	—	28.8% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	29.3% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	85.8% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	43.8% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	24.2% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	6.4% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-6.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-3.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-6.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	99.6% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	276.0% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	34.0% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	10.0% Good Good Operating profit relative to total assets Optimal: > 10%	12.8% Good Good Operating profit relative to total assets Optimal: > 10%	—	—	—	32.1% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	34.0% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	43.5% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	50.0% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	28.8% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	7.7% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	-6.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-4.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-3.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-42.4% Weak Weak Operating profit relative to total assets Optimal: > 10%	-23.6% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	23.1% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+54%)	3.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-77%)	—	38.9% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+160%)	88.9% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+493%)	54.4% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+263%)	60.9% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+306%)	264.6% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+1664%)	-55.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-469%)	-16.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-212%)	5.5% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-63%)	75.4% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+403%)	-57.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-480%)	-12.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-180%)	132.5% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+783%)	—	45.1% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+201%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	0.22x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-63%)	0.37x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-38%)	—	0.79x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+31%)	0.95x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+59%)	0.71x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+19%)	1.20x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+100%)	2.49x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+315%)	-2.37x Excellent → Excellent Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-494%)	-2.01x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-434%)	-2.14x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-457%)	-3.25x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-641%)	0.96x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+60%)	—	—	—	—	—
Interest Coverage (x)	9.81x Good Good Operating income divided by interest expense Optimal: > 5x	7.51x Good Good Operating income divided by interest expense Optimal: > 5x	—	—	—	17.52x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	13.20x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	9.95x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	4.21x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	2.08x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	0.61x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-0.92x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-3.08x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-2.17x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-18.22x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-12.96x Weak Weak Operating income divided by interest expense Optimal: > 5x	-13.44x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-293.21M	$-48.65M	$252.72M	$153.13M	$193.13M	$139.03M	$99.02M	$320.44M	$501.03M	$590.33M	$573.95M	$628.84M	$143.99M	$-94.85M	$-44.78M	$-163.33M	$-47.54M	$-92.28M
Debt / EBITDA (x)	1.57x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.54x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	1.15x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.45x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.52x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.91x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.76x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	16.11x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-33.36x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-11.35x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$6.10	$5.72	$4.74	$4.76	$4.78	$3.32	$2.58	$2.59	$2.03	$1.21	$0.47	—	—	—	$0.30	$0.34	$0.39	—
Basic EPS, GAAP (USD)	$4.02	$0.37	$2.75	$3.07	$3.24	$2.21	$1.55	$3.92	$1.25	$0.54	$-0.16	—	—	—	—	—	—	—
Free Cash Flow per Share (USD)	$2.91	$3.00	$2.15	$2.90	$4.43	$3.09	$2.55	$2.22	$1.33	$0.55	$0.09	—	—	—	—	—	—	—
Dividend per Share (USD)	—	—	—	—	—	—	—	—	$0.00	$0.00	$0.25	$0.25	$0.00	—	—	—	—	—
Book Value per Share (USD)	$15.71	$11.03	—	$8.18	$5.96	$5.32	$3.10	$1.52	$-2.27	$-3.20	$-2.97	—	—	—	$-1.06	$-0.31	$-3.00	—
Tangible Book Value per Share (USD)	$13.03	$7.42	—	$4.14	$5.96	$5.32	$3.10	$1.52	$-2.27	$-3.20	$-2.97	—	—	—	$-1.06	$-0.31	$-3.00	—
Basic Weighted Avg Shares (shares)	67.39M	62.73M	65.44M	69.64M	82.06M	101.32M	101.15M	100.85M	106.94M	110.28M	115.37M	—	—	—	82.05M	72.07M	63.03M	—
Dividend Payout Ratio (%)	—	—	—	—	—	—	—	—	0.0% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	0.0% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	-156.2% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD)	$677.82M	$318.22M	$306.08M	$308.54M	$307.87M	$335.95M	$425.86M	$193.34M	$165.63M	$178.00M	$200.83M	$238.43M	$398.79M	$231.17M	$199.27M	$276.30M	—	—
LT Debt (USD)	$257.73M	$256.32M	$446.23M	$444.18M	$394.65M	$385.52M	$377.12M	$382.86M	$574.36M	$708.34M	$733.13M	$725.64M	$287.50M	—	—	—	—	—
Total Equity (USD)	$1.17B	$691.16M	—	$565.79M	$414.74M	$539.91M	$313.50M	$153.58M	$-242.86M	$-352.99M	$-342.64M	$-223.35M	$299.12M	$155.03M	$-87.05M	$-22.42M	$-188.99M	$-134.95M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$411.33M	$358.71M	$310.46M	$331.34M	$391.87M	$336.79M	$261.02M	$261.00M	$217.22M	$133.57M	$53.95M	$8.43M	$4.53M	$135.76M	$24.51M	$24.22M	$24.37M	—
Depreciation Expense (USD)	—	—	—	—	—	$13.84M	$13.87M	$13.87M	$13.98M	$13.95M	$13.93M	$12.18M	$3.46M	$7.33M	$7.58M	$6.34M	$5.54M	—
Net Income, GAAP (USD)	$271.17M	$23.39M	$179.72M	$220.26M	$368.84M	$293.81M	$190.99M	$406.33M	$134.27M	$59.54M	$-18.76M	$-168.46M	$-170.70M	$-18.54M	$-115.34M	$-83.86M	$-85.30M	—
Operating Cash Flow (USD)	$196.93M	$188.69M	$141.06M	$201.73M	$363.81M	$313.11M	$257.46M	$223.53M	$141.75M	$60.98M	$10.13M	$-130.72M	$-129.60M	—	—	—	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 18 years · 67 quarters

Innoviva, Inc.

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18-Year Financial Trajectory

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