Lantheus Holdings Inc. (LNTH) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$1.3	$1.55	+19.2%	—	$388.2M	—
Q1 26	$1.23	$1.46	+18.7%	—	$377.3M	—
Q4 25	$1.17	$1.67	+42.7%	—	$406.8M	—
Q2 25	$1.68	$1.57	-6.5%	—	$378M	—
Q1 25	$1.65	$1.53	-7.3%	—	$372.8M	—
Q4 24	$1.54	$1.59	+3.2%	—	$391.1M	—
Q3 24	$1.56	$1.7	+9.0%	—	$378.7M	—
Q2 24	$1.83	$1.8	-1.6%	—	$394.1M	—
Q1 24	$1.54	$1.69	+9.7%	—	$370M	—
Q4 23	$1.44	$1.75	+21.5%	—	$354M	—
Q3 23	$1.32	$1.47	+11.4%	—	$319.9M	—
Q2 23	$1.31	$1.54	+17.6%	—	$321.7M	—
Q1 23	$1.29	$1.47	+14.0%	—	$300.8M	—
Q4 22	$0.96	$1.37	+42.7%	—	$263.2M	—
Q3 22	$0.83	$0.99	+19.3%	—	$239.3M	—
Q2 22	$0.7	$0.89	+27.1%	—	$223.7M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$3.46	—	—	$1.5B	—
FY24	—	$4.52	—	—	$1.5B	—
FY23	—	$4.79	—	—	$1.3B	—
FY22	—	$0.41	—	—	$935.1M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$301.9M	$331.4M	$343.4M	$347.3M	$339.4M	$425.2M	$935.1M	$1.3B	$1.5B	$1.5B
YoY change	+2.86%	+9.78%	+3.62%	+1.15%	-2.28%	+25.3%	+119.9%	+38.6%	+18.3%	+0.5%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	301.9M	331.4M	343.4M	347.3M	339.4M	425.2M	935.1M	1.3B	1.5B	1.5B
Cost of revenue	164.1M	169.2M	168.5M	172.5M	200.6M	237.5M	353.4M	586.9M	545.6M	599.7M
Gross profit	137.8M	162.1M	174.9M	174.8M	138.8M	187.7M	581.7M	709.5M	988.3M	942M
Gross margin	45.6%	48.9%	50.9%	50.3%	40.9%	44.1%	62.2%	54.7%	64.4%	61.1%
Research & development	12.2M	18.1M	17.1M	20M	32.8M	45M	311.7M	77.7M	168.1M	177.3M
Selling, general & administrative	75.4M	92.2M	93.3M	103.1M	110.2M	218.8M	233.8M	267.2M	371.6M	453.8M
Operating expenses	87.6M	110.3M	110.4M	123.2M	143M	263.8M	545.5M	344.9M	539.7M	626.4M
Operating income	50.2M	51.9M	64.5M	51.7M	-4.2M	-76.1M	36.2M	364.6M	448.6M	315.6M
Operating margin	16.6%	15.6%	18.8%	14.9%	-1.24%	-17.9%	3.87%	28.1%	29.2%	20.5%
Non-operating income, net	4.7M	6.2M	2.3M	-10.1M	2M	8.8M	-4.9M	46.7M	-34.8M	-5.4M
Pretax income	28.3M	39.6M	49.5M	28.6M	-11.5M	-75M	26.7M	410.9M	431M	313.8M
Income tax	1.5M	-83.7M	9M	-3M	2M	-3.8M	-1.3M	84.3M	118.5M	80.2M
Net income	26.8M	123.4M	40.5M	31.7M	-13.5M	-71.3M	28.1M	326.7M	312.4M	233.6M
Net margin	8.87%	37.2%	11.8%	9.12%	-3.97%	-16.8%	3%	25.2%	20.4%	15.2%
EBITDA	68.5M	71.1M	78.6M	66M	20.7M	-33.8M	86.7M	444.2M	551M	409M
EPS	0.84	3.31	1.06	0.81	-0.25	-1.06	0.41	4.79	4.52	3.46
Diluted EPS	0.82	3.17	1.03	0.79	-0.25	-1.06	0.4	4.65	4.36	3.41

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	319.9M	354M	370M	394.1M	378.7M	391.1M	372.8M	378M	384M	406.8M	377.3M	388.2M
Cost of revenue	120M	124.1M	128.1M	138.3M	136.6M	142.6M	135.1M	137M	161.6M	165.9M	146.4M	146.3M
Gross profit	200M	229.9M	241.8M	255.8M	242.1M	248.5M	237.7M	241M	222.4M	240.9M	230.9M	241.9M
Gross margin	62.5%	64.9%	65.4%	64.9%	63.9%	63.5%	63.8%	63.8%	57.9%	59.2%	61.2%	62.3%
Research & development	14.4M	16.8M	48M	60.6M	24.1M	35.3M	36.3M	45.5M	48M	47.5M	39.4M	38.2M
Selling, general & administrative	73.1M	75.6M	93.4M	92.4M	84.2M	101.5M	99.3M	107.6M	130.7M	116.2M	110.2M	103.4M
Operating expenses	87.6M	92.4M	141.5M	153M	108.4M	136.8M	130.9M	153M	178.8M	163.7M	149.6M	141.6M
Operating income	112.4M	137.5M	100.4M	102.7M	133.7M	111.7M	106.8M	88M	43.6M	77.2M	81.3M	100.2M
Operating margin	35.1%	38.8%	27.1%	26.1%	35.3%	28.6%	28.6%	23.3%	11.4%	19%	21.6%	25.8%
Non-operating income, net	48.1M	-1.6M	67.2M	-22.4M	37.5M	-117M	-14.9M	14.3M	93K	-4.8M	75M	-7.7M
Pretax income	160M	138.4M	171.3M	84.4M	176.1M	-783K	96.5M	104.5M	42.4M	70.4M	156.4M	93.8M
Income tax	28M	35M	40.2M	22.3M	45M	11M	23.6M	25.8M	14.6M	16.3M	38M	18.8M
Net income	132M	103.4M	131.1M	62.1M	131.1M	-11.8M	72.9M	78.8M	27.8M	54.1M	118.4M	75M
Net margin	41.2%	29.2%	35.4%	15.8%	34.6%	-3.01%	19.6%	20.8%	7.23%	13.3%	31.4%	19.3%
EBITDA	131.6M	160M	124.4M	127M	160.7M	138.9M	129.9M	108.4M	66.8M	103.8M	108.5M	131.6M
EPS	1.93	—	1.91	0.89	1.89	-0.17	1.06	1.15	0.41	0.82	1.83	1.15
Diluted EPS	1.88	—	1.87	0.88	1.79	-0.17	1.02	1.12	0.41	0.82	1.8	1.11

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	598.3M	799.6M	—	—	3.5B	4.2B	6.2B	4.5B	6.5B
Enterprise value	—	—	751.4M	900.8M	—	—	3.7B	4.1B	5.9B	4.8B	6.5B
Shares outstanding	32M	37.3M	38.2M	39M	54.1M	67.5M	68.5M	68.3M	69.2M	67.5M	67.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	14.8	25.3	—	—	124.3	13	19.8	19.2	23.9
P/S	—	—	1.74	2.3	—	—	3.73	3.26	4.04	2.91	4.18
P/B	—	—	8.43	6.98	—	—	7.81	5.19	5.69	4.12	4.96
EV/EBITDA	—	—	9.56	13.7	—	—	42.2	9.31	10.7	11.6	16.7
EV/Sales	—	—	2.19	2.59	—	—	3.91	3.19	3.84	3.08	4.2
Earnings yield	—	—	6.77%	3.96%	—	—	0.8%	7.72%	5.05%	5.2%	4.19%
FCF yield	—	—	6.86%	7.29%	—	—	7.55%	6.11%	7.51%	7.76%	6.93%
PEG	—	—	—	—	—	—	—	—	—	—	15.6

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	45.6%	48.9%	50.9%	50.3%	40.9%	44.1%	62.2%	54.7%	64.4%	61.1%	62.3%
Operating margin	16.6%	15.6%	18.8%	14.9%	-1.24%	-17.9%	3.87%	28.1%	29.2%	20.5%	25.8%
Net margin	8.87%	37.2%	11.8%	9.12%	-3.97%	-16.8%	3%	25.2%	20.4%	15.2%	17.7%
ROE	-25.1%	529.8%	57.1%	27.6%	-2.62%	-15.3%	6.28%	40%	28.7%	21.4%	22.2%
ROA	10.5%	32.1%	9.21%	7.8%	-1.55%	-8.25%	2.12%	19.8%	15.8%	10.5%	8.38%
ROIC	39.4%	24.1%	23.5%	23.9%	-0.63%	-13.7%	5.89%	40.3%	40.9%	17.4%	17.1%
Return on tangible assets	13.8%	37.5%	10.4%	8.8%	-2.5K%	-160.6%	4.94%	26.7%	20.4%	77.1%	49.3%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.53	3.16	3.7	2.62	2.29	2.61	2.74	5.8	5.52	2.7	3.06
Quick ratio	2.13	2.6	3.08	2.17	1.84	2.22	2.59	5.45	5.23	2.51	2.89
Debt / equity	-2.61	11.5	3.75	1.69	0.46	0.41	1.3	0.76	0.57	0.57	0.48
Debt / assets	1.09	0.7	0.61	0.48	0.27	0.22	0.44	0.37	0.31	0.28	0.26
Net debt / EBITDA	3.31	2.7	1.95	1.53	7.54	-2.75	1.94	-0.22	-0.53	0.64	0.08
Interest coverage	2.06	3.15	3.85	3.1	-0.21	-8.68	4.72	21.5	22.9	16.9	19.3
Effective tax rate	5.41%	0%	18.2%	0%	0%	0%	0%	20.5%	27.5%	25.6%	24.2%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	9.42	8.89	8.98	8.91	6.27	6.3	13.7	19	22.2	22.8	23.7
EPS (basic)	0.84	3.31	1.06	0.81	-0.25	-1.06	0.41	4.79	4.52	3.46	3.46
EPS (diluted)	0.82	3.17	1.03	0.79	-0.25	-1.06	0.4	4.65	4.36	3.41	4.18
Book value per share	-3.32	0.62	1.86	2.94	9.5	6.88	6.53	12	15.7	16.1	20.1
FCF per share	1.32	1	1.07	1.5	0.07	0.62	3.85	3.79	6.72	5.17	5.74
Cash per share	1.6	2.05	2.97	2.38	1.47	1.46	6.07	10.5	13.2	5.32	9.09
Capex per share	—	—	—	—	—	—	—	—	—	0.53	0.37

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	2.34%	1.6%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	9.25%	6.05%
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$319.9M	$354M	$370M	$394.1M	$378.7M	$391.1M	$372.8M	$378M	$384M	$406.8M	$377.3M	$388.2M
YoY change	+33.7%	+34.5%	+23%	+22.5%	+18.4%	+10.5%	+0.75%	-4.07%	+1.39%	+4.01%	+1.23%	+2.68%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	51.2M	76.3M	113.4M	92.9M	79.6M	98.5M	415.7M	713.7M	912.8M	359.1M
Receivables	36.8M	40.3M	43.8M	43.5M	54M	89.3M	213.4M	284.3M	321.3M	358.6M
Inventory	17.6M	26.1M	33M	29.2M	35.7M	35.1M	35.5M	64M	68M	64.7M
Total current assets	110.8M	147.8M	195.4M	172.9M	184.2M	235.8M	677.6M	1.1B	1.3B	900M
Property, plant & equipment	23.6M	16.9M	43.4M	40.8M	68.2M	52M	64.9M	118.6M	127.4M	144.7M
Goodwill & intangibles	61.7M	55M	49.7M	46.1M	869.3M	819.4M	752.9M	426.3M	445.9M	1.9B
Total assets	255.9M	383.9M	439.8M	405.9M	869.8M	863.8M	1.3B	1.7B	2B	2.2B
Accounts payable	18.9M	17.5M	18M	18.6M	16.3M	20.8M	20.6M	41.2M	34.6M	42.9M
Short-term debt	3.6M	2.8M	2.8M	10.1M	20.7M	11.6M	354K	823K	974K	738K
Total current liabilities	43.8M	46.8M	52.8M	66.1M	80.5M	90.5M	247.7M	187.3M	240.5M	333.4M
Long-term debt	274.5M	265.4M	263.7M	183.9M	215.2M	179.7M	583.2M	616.1M	618.5M	618.7M
Total liabilities	362.4M	360.6M	368.8M	291.3M	355.6M	399.3M	874.1M	835.3M	892.3M	1.1B
Shareholders' equity	-106.5M	23.3M	71M	114.6M	514.2M	464.4M	447.1M	815.9M	1.1B	1.1B
Total debt	278.1M	268.1M	266.5M	194.1M	235.9M	191.3M	583.5M	616.9M	619.4M	619.4M
Net debt	226.9M	191.9M	153.1M	101.2M	156.3M	92.8M	167.9M	-96.7M	-293.4M	260.3M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	614.1M	713.7M	718.3M	757M	866.4M	912.8M	938.5M	695.6M	382M	359.1M	498.6M	593.3M
Receivables	259.2M	284.3M	337.4M	372.3M	329.3M	321.3M	348.7M	336.6M	351.4M	358.6M	355.7M	352.9M
Inventory	56.5M	64M	69.8M	70.5M	70.8M	68M	69.1M	62.2M	62M	64.7M	61.3M	57.6M
Total current assets	948.4M	1.1B	1.1B	1.2B	1.3B	1.3B	1.4B	1.2B	925.1M	900M	942.3M	1B
Property, plant & equipment	70.9M	118.6M	76.6M	80.1M	87.6M	127.4M	93.9M	107.6M	114.1M	144.7M	106.7M	102.4M
Goodwill & intangibles	449M	426.3M	406.5M	466.9M	469.6M	445.9M	429.9M	1.1B	2B	1.9B	1.9B	1.9B
Total assets	1.5B	1.7B	1.8B	1.9B	2B	2B	2.1B	2.1B	2.3B	2.2B	2.3B	2.4B
Accounts payable	37.1M	41.2M	37.5M	49.8M	44.9M	34.6M	44.9M	40.9M	66.3M	42.9M	45.9M	48.1M
Short-term debt	703K	823K	734K	868K	564.7M	974K	747K	796K	871K	738K	803K	697K
Total current liabilities	176.6M	187.3M	237.2M	263.3M	784.1M	240.5M	248M	280.1M	346.8M	333.4M	333.2M	335.7M
Long-term debt	615M	616.1M	616.6M	617.3M	54.5M	618.5M	613.7M	614.7M	618.6M	618.7M	624.9M	624.3M
Total liabilities	822.9M	835.3M	885.8M	913.1M	869.9M	892.3M	891M	949.3M	1.2B	1.1B	1.1B	1.1B
Shareholders' equity	698.8M	815.9M	945.5M	1B	1.2B	1.1B	1.2B	1.2B	1.1B	1.1B	1.2B	1.3B
Total debt	615.7M	616.9M	617.3M	618.2M	619.2M	619.4M	614.4M	615.5M	619.4M	619.4M	625.8M	625M
Net debt	1.6M	-96.7M	-101M	-138.8M	-247.1M	-293.4M	-324.1M	-80.1M	237.4M	260.3M	127.2M	31.7M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	26.8M	123.4M	40.5M	31.7M	-13.5M	-71.3M	28.1M	326.7M	312.4M	233.6M
Depreciation & amortization	18.3M	19.2M	13.9M	13.4M	24.7M	42.3M	47.9M	60M	64.6M	70.1M
Stock-based compensation	2.5M	5.9M	8.7M	12.5M	14.1M	15.9M	29.3M	50.5M	76.4M	85.6M
Change in working capital	748K	-12.8M	-16.2M	3M	-18.2M	-31.3M	-138.6M	-90.1M	-44.7M	-35.2M
Operating cash flow	51.4M	45.5M	55.2M	69M	6M	40.1M	216M	292.2M	463.7M	390.1M
Capital expenditure	—	—	—	—	—	—	—	—	—	-36.1M
Investing cash flow	10.7M	1.2M	1M	0	7.6M	15.8M	-258.2M	52.5M	-146.4M	-621.8M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	0	-75M	0	-100M	-300M
Financing cash flow	-30.4M	-16.7M	-5.8M	-80.1M	-21.9M	-44.6M	304.2M	-16.9M	-121.8M	-323.7M
Net change in cash	31.6M	30.1M	50.4M	-11.1M	-8.4M	11.3M	261.9M	327.8M	195.5M	-555.4M
Free cash flow	42.2M	37.2M	41.1M	58.3M	3.9M	41.8M	263.4M	258.7M	465.1M	348.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	132M	103.4M	131.1M	62.1M	131.1M	-11.8M	72.9M	78.8M	27.8M	54.1M	118.4M	75M
Depreciation & amortization	14.7M	15M	15.4M	14.8M	17.1M	17.3M	13.6M	13.2M	20.4M	22.8M	22.7M	22.6M
Stock-based compensation	14M	14.2M	15.4M	18.5M	20.4M	22.2M	21.2M	22.3M	24.5M	17.5M	16M	20M
Change in working capital	-986K	-35.7M	-63.4M	-22.9M	36.8M	4.8M	-21.6M	-5M	27.6M	-36.1M	-173K	13.1M
Operating cash flow	148.9M	101.5M	141M	96.7M	212.5M	13.5M	95.5M	87.1M	105.3M	90.2M	125.1M	92.2M
Capital expenditure	—	—	—	—	—	—	—	-8M	-10.6M	-8.8M	-3.2M	-2.3M
Investing cash flow	97.8M	0	-176.5M	-5.9M	-52M	9.8M	-55M	-227.1M	-319.5M	-11.5M	26M	-2M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	-100M	-100M	—	—
Financing cash flow	-165K	-804K	-17.8M	-1.4M	580K	-3.2M	-22.1M	-858K	-101.1M	-101.5M	-15.9M	-2.4M
Net change in cash	246.6M	100.7M	-53.3M	89.4M	161.1M	20.1M	18.4M	-140.8M	-315.2M	-22.8M	135.2M	87.8M
Free cash flow	102.1M	100.2M	119M	45.5M	159.3M	141.4M	98.8M	73.7M	94.7M	81.4M	121.9M	89.9M

Lantheus Holdings Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement