Financhill
Buy
57

GMAB Quote, Financials, Valuation and Earnings

Last price:
$22.82
Seasonality move :
4.05%
Day range:
$22.70 - $23.08
52-week range:
$17.24 - $28.56
Dividend yield:
0%
P/E ratio:
13.57x
P/S ratio:
4.78x
P/B ratio:
2.65x
Volume:
1.1M
Avg. volume:
1.4M
1-year change:
-13.59%
Market cap:
$14.1B
Revenue:
$3B
EPS (TTM):
$1.68
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $1.5B $1.3B $2.1B $2.4B $3B
Revenue Growth (YoY) 92.55% -23.33% 62.93% 17.16% 22.79%
 
Cost of Revenues -- -- -- $33.6M $137.4M
Gross Profit -- $1.3B $2.1B $2.4B $2.9B
Gross Profit Margin -- -- -- 98.63% 95.42%
 
R&D Expenses $480.7M $636.5M $800.5M $1.1B $1.4B
Selling, General & Admin $101.3M $195.3M $385.2M $489.5M $528.8M
Other Inc / (Exp) -$89.3M $118.9M $56.6M -$88.5M $179.4M
Operating Expenses $581.9M $831.8M $1.2B $1.6B $1.9B
Operating Income $967.3M $449.6M $902M $790M $977M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $904.6M $596.5M $999.6M $836.9M $1.3B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $175.6M $146.3M $214.9M $190.8M $184.2M
Net Income to Company $904.6M $596.5M $999.6M $836.9M $1.3B
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $729M $450.2M $784.7M $646.1M $1.1B
 
Basic EPS (Cont. Ops) $1.12 $0.69 $1.20 $0.99 $1.71
Diluted EPS (Cont. Ops) $1.11 $0.68 $1.19 $0.98 $1.69
Weighted Average Basic Share $651.8M $654M $653.9M $653.1M $641.9M
Weighted Average Diluted Share $658.9M $660.5M $660.1M $659.1M $646.3M
 
EBITDA $945.8M $636.2M $1.1B $891.1M $1.4B
EBIT $906.1M $598.4M $1B $847.3M $1.3B
 
Revenue (Reported) $1.5B $1.3B $2.1B $2.4B $3B
Operating Income (Reported) $967.3M $449.6M $902M $790M $977M
Operating Income (Adjusted) $906.1M $598.4M $1B $847.3M $1.3B
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $256.3M $318M $414.8M $603M $715M
Revenue Growth (YoY) 94.62% 27.61% 30.46% 45.35% 18.57%
 
Cost of Revenues -- -- -- $27M $42M
Gross Profit -- -- $414.8M $576M $673M
Gross Profit Margin -- -- -- 95.52% 94.13%
 
R&D Expenses $137.5M $173M $254.9M $335M $359M
Selling, General & Admin $32.6M $67.8M $99M $125M $126M
Other Inc / (Exp) $135M $9.9M -$49.3M $91M $28M
Operating Expenses $170.1M $240.9M $353.8M $460M $485M
Operating Income $86.2M $77.1M $61M $116M $188M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $230.8M $91.8M $38.9M $249M $244M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $53.2M $22.1M $8.2M $57M $49M
Net Income to Company $230.8M $91.8M $38.9M $249M $244M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $177.7M $69.8M $30.7M $192M $195M
 
Basic EPS (Cont. Ops) $0.27 $0.11 $0.05 $0.30 $0.31
Diluted EPS (Cont. Ops) $0.27 $0.11 $0.05 $0.29 $0.31
Weighted Average Basic Share $653.9M $657.3M $654.2M $648.6M $637.3M
Weighted Average Diluted Share $659.8M $659.6M $658.3M $653.1M $639.3M
 
EBITDA $231.3M $92.4M $39.8M $266M $265M
EBIT $231.3M $92.4M $39.8M $253M $249M
 
Revenue (Reported) $256.3M $318M $414.8M $603M $715M
Operating Income (Reported) $86.2M $77.1M $61M $116M $188M
Operating Income (Adjusted) $231.3M $92.4M $39.8M $253M $249M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $1.7B $1.4B $2.2B $2.7B $3.1B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- $60.6M $150.5M
Gross Profit -- -- -- $2.6B $2.9B
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $513.5M $680.9M $913.5M $1.2B $1.4B
Selling, General & Admin $118.8M $232.8M $429.6M $522.3M $532.1M
Other Inc / (Exp) $72.4M $65.5M $8.4M $50.3M $124.7M
Operating Expenses $632.3M $913.8M $1.3B $1.8B $1.9B
Operating Income $1B $446.8M $905.4M $853.3M $1B
 
Net Interest Expenses $36M $44.5M -- -- --
EBT. Incl. Unusual Items $1.1B $467.8M $978.1M $1.1B $1.3B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $210.8M $117.7M $208.6M $241.4M $170.1M
Net Income to Company $1.1B $463.9M $946.7M $1B $1.3B
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $852.9M $350.2M $769.5M $814.1M $1.1B
 
Basic EPS (Cont. Ops) $1.31 $0.54 $1.18 $1.25 $1.69
Diluted EPS (Cont. Ops) $1.29 $0.53 $1.17 $1.24 $1.68
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $1.2B $538.3M $984.1M $1.1B $1.3B
EBIT $1.2B $538.3M $984.1M $1.1B $1.3B
 
Revenue (Reported) $1.7B $1.4B $2.2B $2.7B $3.1B
Operating Income (Reported) $1B $446.8M $905.4M $853.3M $1B
Operating Income (Adjusted) $1.2B $538.3M $984.1M $1.1B $1.3B
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $256.3M $318M $414.8M $603M $715M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- $27M $42M
Gross Profit -- -- $414.8M $576M $673M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $137.5M $173M $254.9M $335M $359M
Selling, General & Admin $32.6M $67.8M $99M $125M $126M
Other Inc / (Exp) $135M $9.9M -$49.3M $91M $28M
Operating Expenses $170.1M $240.9M $353.8M $460M $485M
Operating Income $86.2M $77.1M $61M $116M $188M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $230.8M $91.8M $38.9M $249M $244M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $53.2M $22.1M $8.2M $57M $49M
Net Income to Company $230.8M $91.8M $38.9M $249M $244M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $177.7M $69.8M $30.7M $192M $195M
 
Basic EPS (Cont. Ops) $0.27 $0.11 $0.05 $0.30 $0.31
Diluted EPS (Cont. Ops) $0.27 $0.11 $0.05 $0.29 $0.31
Weighted Average Basic Share $653.9M $657.3M $654.2M $648.6M $637.3M
Weighted Average Diluted Share $659.8M $659.6M $658.3M $653.1M $639.3M
 
EBITDA $231.3M $92.4M $39.8M $266M $265M
EBIT $231.3M $92.4M $39.8M $253M $249M
 
Revenue (Reported) $256.3M $318M $414.8M $603M $715M
Operating Income (Reported) $86.2M $77.1M $61M $116M $188M
Operating Income (Adjusted) $231.3M $92.4M $39.8M $253M $249M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $1.2B $1.4B $1.4B $2.2B $1.4B
Short Term Investments $1.5B $1.6B $1.8B $2B $1.6B
Accounts Receivable, Net $407.1M $512.6M $822.1M $734.5M $919.4M
Inventory -- -- -- $8.5M $8.7M
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $3.1B $3.5B $4.1B $4.9B $3.9B
 
Property Plant And Equipment $121.6M $148.4M $190.3M $243.6M $263.8M
Long-Term Investments $178.7M $56.5M $19.1M $19.9M $31.8M
Goodwill -- -- -- -- $353.7M
Other Intangibles $55.9M $38.7M -- $15M $1.7B
Other Long-Term Assets -- -- -- -- --
Total Assets $3.5B $3.7B $4.3B $5.2B $6.4B
 
Accounts Payable $24M -- -- -- --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $6.9M $9.4M $10.7M $13.4M $12.8M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $207.1M $238.7M $262.4M $368.8M $740.6M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $334.2M $370.1M $408.3M $546.2M $1.3B
 
Common Stock $10.9M $10M $9.5M $9.8M $9.2M
Other Common Equity Adj $8.9M $12.3M -- -- $68.4M
Common Equity $3.2B $3.4B $3.9B $4.7B $5.1B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $3.2B $3.4B $3.9B $4.7B $5.1B
 
Total Liabilities and Equity $3.5B $3.7B $4.3B $5.2B $6.4B
Cash and Short Terms $2.7B $2.9B $3.2B $4.2B $2.9B
Total Debt -- -- -- -- --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $1.2B $1.4B $1.8B $2.1B $1.6B
Short Term Investments $1.6B $1.6B $1.8B $2.2B $1.6B
Accounts Receivable, Net $292.2M $427.1M $468.3M $676.8M $799M
Inventory -- -- -- $15.3M $12M
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $3.1B $3.5B $4.1B $5B $4B
 
Property Plant And Equipment $132.7M $146.3M $233.6M $269.1M $271M
Long-Term Investments $142.6M $35.9M $20.5M $22.1M $30M
Goodwill -- -- -- -- $355M
Other Intangibles -- -- -- -- $1.8B
Other Long-Term Assets -- -- -- -- --
Total Assets $3.5B $3.7B $4.4B $5.3B $6.6B
 
Accounts Payable -- -- -- -- --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations $8.2M $9M $13M $13.3M $14M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $203.8M $200.9M $286.2M $399.1M $756M
 
Long-Term Debt -- -- -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $333.4M $329.4M $469M $605.1M $1.3B
 
Common Stock $10.4M $9.9M $9.7M $9.5M $10M
Other Common Equity Adj $15M $14.6M $17.1M $15.6M --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $3.2B $3.4B $4B $4.7B $5.3B
 
Total Liabilities and Equity $3.5B $3.7B $4.4B $5.3B $6.6B
Cash and Short Terms $2.9B $3B $3.6B $4.3B $3.2B
Total Debt -- -- -- -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $904.6M $596.5M $999.6M $836.9M $1.3B
Depreciation & Amoritzation $39.7M $37.8M $52.1M $43.8M $57.6M
Stock-Based Compensation $30.6M $47.2M $63.2M $87M $100.6M
Change in Accounts Receivable $46.9M -$153.6M -$305.6M $118.3M -$221.8M
Change in Inventories -- -- -- -$8.5M -$697.6K
Cash From Operations $985.7M $339.2M $563M $1.1B $1.1B
 
Capital Expenditures $47M $38.4M $45.6M $55.8M $42.4M
Cash Acquisitions -- -- -- -- -$1.7B
Cash From Investing -$360.2M -$146.3M -$397.4M -$190.3M -$1.4B
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$6.7M -$8.8M -$10.5M -$13.5M -$8.4M
Repurchase of Common Stock -- -$68M -$130.7M -$83.7M -$541.2M
Other Financing Activities -$3.8M -$7.6M -$12.7M -$15.3M -$15.2M
Cash From Financing $10.9M -$63.9M -$113.6M -$90M -$546.8M
 
Beginning Cash (CF) $544.2M $1.1B $1.3B $1.5B $2.1B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $636.3M $128.9M $52.1M $815.4M -$844.8M
Ending Cash (CF) $1.1B $1.4B $1.4B $2.2B $1.4B
 
Levered Free Cash Flow $938.6M $300.8M $517.4M $1B $1B
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $230.8M $91.8M $38.9M $249M $244M
Depreciation & Amoritzation -- -- -- $13M $16M
Stock-Based Compensation -- -- -- $24M $25M
Change in Accounts Receivable -- -- -- $39M $124M
Change in Inventories -- -- -- -$7M -$3M
Cash From Operations $192.1M $88.1M $473.5M $219M $287M
 
Capital Expenditures $4.5M $8.6M $15.2M $4M $30M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$93.9M -$100.1M -$1.9M -$210M -$43M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$1.9M -$2.4M -$3.1M -$3M -$2M
Repurchase of Common Stock -$30.8M -- -$79.5M -$79M --
Other Financing Activities -$6.2M -$9.5M -$11.6M -$12M -$12M
Cash From Financing -$35.7M -$9.6M -$89.4M -$85M -$13M
 
Beginning Cash (CF) $1.2B $1.3B $1.4B $2.2B $1.4B
Foreign Exchange Rate Adjustment $39.9M $38.7M -$31.6M -$1M $8M
Additions / Reductions $62.6M -$21.6M $382.2M -$76M $231M
Ending Cash (CF) $1.3B $1.4B $1.8B $2.1B $1.6B
 
Levered Free Cash Flow $187.6M $79.5M $458.3M $215M $257M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $1.1B $463.9M $946.7M $1B $1.3B
Depreciation & Amoritzation -- -- -- $56.8M $60.6M
Stock-Based Compensation -- -- -- $111M $101.6M
Change in Accounts Receivable -- -- -- $157.3M -$136.8M
Change in Inventories -- -- -- -$15.5M $3.3M
Cash From Operations $895.2M $240.5M $948.5M $841.2M $1.2B
 
Capital Expenditures $43M $42.5M $52.3M $44.6M $68.4M
Cash Acquisitions -- -- -- -- -$1.7B
Cash From Investing -$455.4M -$155.1M -$299.2M -$398.4M -$1.2B
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$7.5M -$9.3M -$11.2M -$13.4M -$7.4M
Repurchase of Common Stock -$30.8M -$38.1M -$210.2M -$83.3M -$462.2M
Other Financing Activities -$7.9M -$11.1M -$14.8M -$15.7M -$15.2M
Cash From Financing -$27M -$38.9M -$193.4M -$85.5M -$474.8M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $412.8M $46.5M $455.9M $357.2M -$537.8M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $852.2M $198M $896.2M $796.6M $1.1B
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $230.8M $91.8M $38.9M $249M $244M
Depreciation & Amoritzation -- -- -- $13M $16M
Stock-Based Compensation -- -- -- $24M $25M
Change in Accounts Receivable -- -- -- $39M $124M
Change in Inventories -- -- -- -$7M -$3M
Cash From Operations $192.1M $88.1M $473.5M $219M $287M
 
Capital Expenditures $4.5M $8.6M $15.2M $4M $30M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$93.9M -$100.1M -$1.9M -$210M -$43M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$1.9M -$2.4M -$3.1M -$3M -$2M
Repurchase of Common Stock -$30.8M -- -$79.5M -$79M --
Other Financing Activities -$6.2M -$9.5M -$11.6M -$12M -$12M
Cash From Financing -$35.7M -$9.6M -$89.4M -$85M -$13M
 
Beginning Cash (CF) $1.2B $1.3B $1.4B $2.2B $1.4B
Foreign Exchange Rate Adjustment $39.9M $38.7M -$31.6M -$1M $8M
Additions / Reductions $62.6M -$21.6M $382.2M -$76M $231M
Ending Cash (CF) $1.3B $1.4B $1.8B $2.1B $1.6B
 
Levered Free Cash Flow $187.6M $79.5M $458.3M $215M $257M

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