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Argenx Se (ARGX) Ratios
Argenx Se Ratios
ARGX's free cash flow for Q2 2026 was $748.74M. For the 2026 fiscal year, ARGX's free cash flow was decreased by $-3.00M and operating cash flow was $751.74M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 5.23 | 7.29 | 9.75 | 9.18 | 8.44 |
| Quick Ratio | 4.87 | 6.68 | 9.01 | 8.42 | 8.08 |
| Cash Ratio | 2.64 | 2.24 | 4.84 | 2.65 | 4.43 |
| Solvency Ratio | 0.97 | 1.21 | -0.41 | -1.89 | -1.27 |
| Operating Cash Flow Ratio | 0.64 | -0.12 | -0.99 | -2.85 | -2.01 |
| Short-Term Operating Cash Flow Coverage | 78.51 | -12.67 | -90.47 | -252.50 | -172.93 |
| Net Current Asset Value | $ 5.54B | $ 4.18B | $ 3.68B | $ 2.45B | $ 2.23B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Debt-to-Equity Ratio | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Debt-to-Capital Ratio | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 1.19 | 1.13 | 1.11 | 1.11 | 1.12 |
| Debt Service Coverage Ratio | 88.78 | 97.47 | -32.94 | -107.50 | -87.14 |
| Interest Coverage Ratio | 258.36 | -9.76 | -470.19 | -328.47 | -318.20 |
| Debt to Market Cap | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Debt Per Share | 1.43 | 0.69 | 0.37 | 0.27 | 0.25 |
| Net Debt to EBITDA | -2.60 | -13.89 | 10.55 | 1.27 | 3.37 |
| Profitability Margins | |||||
| Gross Profit Margin | 89.15% | 89.62% | 90.39% | 92.83% | 100.00% |
| EBIT Margin | 30.88% | 4.00% | -24.76% | -177.02% | -80.17% |
| EBITDA Margin | 31.56% | 4.80% | -15.68% | -151.62% | -78.99% |
| Operating Profit Margin | 25.39% | -0.99% | -34.66% | -175.37% | -70.13% |
| Pretax Profit Margin | 30.78% | 3.89% | -24.83% | -177.56% | -80.39% |
| Net Profit Margin | 31.11% | 38.03% | -24.06% | -172.76% | -81.97% |
| Continuous Operations Profit Margin | 31.11% | 38.03% | -24.06% | -172.76% | -82.10% |
| Net Income Per EBT | 101.05% | 977.98% | 96.90% | 97.30% | 101.97% |
| EBT Per EBIT | 121.24% | -393.37% | 71.64% | 101.25% | 114.62% |
| Return on Assets (ROA) | 14.88% | 13.43% | -6.50% | -22.64% | -14.30% |
| Return on Equity (ROE) | 17.64% | 15.15% | -7.20% | -25.22% | -16.08% |
| Return on Capital Employed (ROCE) | 14.32% | -0.39% | -10.32% | -25.44% | -13.68% |
| Return on Invested Capital (ROIC) | 14.30% | -0.39% | -9.99% | -24.72% | -13.66% |
| Return on Tangible Assets | 15.36% | 13.84% | -6.68% | -23.98% | -15.22% |
| Earnings Yield | 2.51% | 2.26% | -1.36% | -3.44% | -2.28% |
| Efficiency Ratios | |||||
| Receivables Turnover | 2.51 | 2.41 | 2.46 | 1.48 | 13.01 |
| Payables Turnover | 0.36 | 0.66 | 0.48 | 0.16 | 0.00 |
| Inventory Turnover | 0.95 | 0.56 | 0.38 | 0.13 | 0.00 |
| Fixed Asset Turnover | 86.09 | 50.33 | 54.08 | 25.30 | 31.39 |
| Asset Turnover | 0.48 | 0.35 | 0.27 | 0.13 | 0.17 |
| Working Capital Turnover Ratio | 0.85 | 0.55 | 0.40 | 0.17 | 0.25 |
| Cash Conversion Cycle | -497.14 | 255.89 | 349.92 | 737.91 | 28.05 |
| Days of Sales Outstanding | 145.62 | 151.50 | 148.60 | 246.39 | 28.05 |
| Days of Inventory Outstanding | 383.52 | 653.97 | 961.94 | 2832.01 | 0.00 |
| Days of Payables Outstanding | 1026.28 | 549.58 | 760.63 | 2340.50 | 0.00 |
| Operating Cycle | 529.14 | 805.47 | 1110.55 | 3078.40 | 28.05 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 13.88 | -1.38 | -7.35 | -15.87 | -11.88 |
| Free Cash Flow Per Share | 13.77 | -2.52 | -8.12 | -17.78 | -14.26 |
| Dividend Paid and CapEx Coverage Ratio | 137.53 | -1.21 | -9.59 | -8.31 | -5.00 |
| Capital Expenditure Coverage Ratio | 137.53 | -1.21 | -9.59 | -8.31 | -5.00 |
| Operating Cash Flow Coverage Ratio | 10.19 | -2.12 | -21.02 | -69.44 | -52.93 |
| Operating Cash Flow to Sales Ratio | 0.20 | -0.04 | -0.34 | -2.10 | -1.22 |
| Free Cash Flow Yield | 1.64% | -0.41% | -2.13% | -4.69% | -4.07% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 39.78 | 44.19 | -73.71 | -29.03 | -43.88 |
| Price-to-Sales (P/S) Ratio | 12.41 | 16.81 | 17.74 | 50.16 | 35.97 |
| Price-to-Book (P/B) Ratio | 7.04 | 6.70 | 5.31 | 7.32 | 7.06 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 61.05 | -243.71 | -46.86 | -21.31 | -24.56 |
| Price-to-Operating Cash Flow Ratio | 60.61 | -444.87 | -51.74 | -23.88 | -29.48 |
| Price-to-Earnings Growth (PEG) Ratio | 0.77 | -0.12 | 1.22 | -0.46 | 1.09 |
| Enterprise Value Multiple | 36.72 | 336.12 | -102.56 | -31.81 | -42.17 |
| Enterprise Value | 48.14B | 35.35B | 19.72B | 19.81B | 16.56B |
| EV to EBITDA | 36.72 | 336.12 | -102.56 | -31.81 | -42.17 |
| EV to Sales | 11.59 | 16.14 | 16.08 | 48.24 | 33.31 |
| EV to Free Cash Flow | 57.02 | -234.04 | -42.49 | -20.50 | -22.74 |
| EV to Operating Cash Flow | 56.60 | -427.21 | -46.92 | -22.96 | -27.30 |
| Tangible Book Value Per Share | 115.03 | 88.83 | 69.48 | 48.52 | 46.26 |
| Shareholders’ Equity Per Share | 119.47 | 91.86 | 71.67 | 51.74 | 49.62 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.01 | -8.78 | 0.03 | 0.03 | -0.02 |
| Revenue Per Share | 67.76 | 36.59 | 21.45 | 7.55 | 9.74 |
| Net Income Per Share | 21.08 | 13.92 | -5.16 | -13.05 | -7.98 |
| Tax Burden | 1.01 | 9.78 | 0.97 | 0.97 | 1.02 |
| Interest Burden | 1.00 | 0.97 | 1.00 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.33 | 0.45 | 0.70 | 1.62 | 1.17 |
| SG&A to Revenue | 0.33 | 0.48 | 0.41 | 0.86 | 0.49 |
| Stock-Based Compensation to Revenue | 0.06 | 0.11 | 0.19 | 0.38 | 0.36 |
| Income Quality | 0.81 | -0.10 | 0.99 | 1.20 | 1.74 |
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