ADC Therapeutics SA ADCT R2K
ADC Therapeutics SA provides antibody drug conjugate (ADC) technology platform in Switzerland and the United States. Its flagship product includes ZYNLONTA, a CD19-directed ADC, received accelerated approval from the U.S. Food and Drug Administration, conditional approval from the European Commission, and conditional approval from the China National Medical Products Administration for the treatment of relapsed or refractory diffuse large B-cell lymphoma (DLBCL) after two or more lines of systemic therapy. The company is also seeking to continue expanding ZYNLONTA into international markets and into earlier lines of DLBCL and indolent lymphomas, including follicular lymphoma (FL) and marginal zone lymphoma (MZL) as a single agent and in combination through its LOTIS-5 confirmatory Phase 3 clinical trial and LOTIS-7 Phase 1b clinical trial, as well as through investigator-initiated trials (IITs). In addition, it is investigating a CD-22 targeted compound' and ADCT-602 that is in a Phase 1/2 IIT in refractory B-cell acute lymphoblastic leukemia. Further, the company's pre-clinical stage pipeline includes a portfolio of next generation investigational ADCs targeting Claudin-6, NaPi2b, PSMA, NaPi2b, and ASCT2. ADC Therapeutics SA was incorporated in 2011 and is headquartered in Epalinges, Switzerland.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
No notable strengths flagged.
CONS
- Revenue declined at -27.1% CAGR over 5 years.
- Trading 30.3% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Healthcare).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ADCT ADC Therapeutics SA R2K | 3.40 | - | $432.45M | - | -35.57% | - | -27.09% | 3.08% |
| 2 | LLY Eli Lilly and Company SPX | 1,105.00 | 39.21 | $985.37B | 0.63% | 38.44% | 107.46% | 31.69% | 48.96% |
| 3 | JNJ Johnson & Johnson SPX | 225.33 | 26.11 | $542.42B | 2.38% | 23.13% | 26.42% | 5.60% | 14.32% |
| 4 | UNH UnitedHealth Group Incorporated SPX | 380.31 | 28.66 | $345.38B | 2.32% | 9.60% | 12.18% | 11.35% | -15.69% |
| 5 | MRK Merck & Co., Inc. SPX | 118.72 | 33.44 | $293.22B | 2.86% | 20.66% | 18.94% | 3.12% | 7.93% |
| 6 | TMO Thermo Fisher Scientific Inc. SPX | 492.51 | 27.11 | $183.03B | 0.38% | 9.17% | 13.52% | -0.27% | -1.19% |
| 7 | AMGN Amgen Inc. NDXSPX | 336.79 | 23.42 | $181.77B | 2.99% | 18.02% | 101.32% | 11.77% | 5.58% |
| 8 | GILD Gilead Sciences, Inc. NDXSPX | 134.43 | 18.29 | $166.90B | 2.44% | 22.92% | 43.36% | 2.57% | 22.83% |
| 9 | ISRG Intuitive Surgical, Inc. NDXSPXAI | 424.64 | 51.53 | $150.39B | - | 15.96% | 17.23% | 17.39% | 29.26% |
Quarterly Results
Figures in USD.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.95M | 19.20M | 14.27M | 17.85M | 17.03M | - | - | 23.03M | 18.84M | 16.43M | 23.06M | 20.85M |
| Cost of Revenue | - | - | - | - | - | - | - | 2.06M | 836.00K | 1.20M | 1.70M | 3.62M |
| Gross Profit | - | - | - | - | - | - | - | 20.97M | 18.00M | 15.22M | 21.36M | 17.24M |
| Operating Expenses | - | - | - | - | - | - | - | 49.16M | 48.58M | 45.55M | 39.48M | 42.48M |
| Operating Income | -50.21M | -39.65M | -36.15M | -33.61M | -29.04M | - | - | -28.18M | -30.57M | -30.33M | -18.12M | -25.25M |
| EBITDA | - | - | - | - | - | - | - | -25.75M | -41.21M | -27.45M | 6.31M | -20.50M |
| Interest Expense | - | - | - | - | - | - | - | 12.23M | 13.00M | 13.39M | 13.01M | 12.35M |
| Pretax Income | - | - | - | - | - | - | - | -38.44M | -55.39M | -40.97M | -6.81M | -32.97M |
| Tax Provision | - | - | - | - | - | - | - | 165.00K | 1.25M | 0 | -404.00K | 0 |
| Net Income | -59.37M | -48.92M | -46.73M | -46.61M | -36.54M | - | - | -38.60M | -56.65M | -40.97M | -6.41M | -32.97M |
| Diluted EPS | -0.73 | -0.60 | -0.57 | -0.56 | -0.38 | - | - | -0.36 | -0.50 | -0.30 | -0.04 | -0.21 |
| R&D Expense | 38.38M | 31.34M | 27.08M | 25.73M | 24.30M | 32.50M | - | 28.93M | 30.09M | 26.80M | - | 19.88M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 209.91M | 69.56M | 70.84M | 81.36M |
| Cost of Revenue | - | 3.30M | 2.53M | 5.95M | 5.80M |
| Gross Profit | - | 206.61M | 67.03M | 64.89M | 75.56M |
| Operating Expenses | - | 329.59M | 232.08M | 194.48M | 182.77M |
| Operating Income | - | -122.99M | -165.05M | -129.59M | -107.21M |
| EBITDA | - | -107.70M | -145.83M | -102.65M | -88.10M |
| Interest Expense | - | 36.73M | 46.33M | 50.21M | 51.63M |
| Pretax Income | - | -146.82M | -195.42M | -156.14M | -141.61M |
| Tax Provision | - | 227.00K | 39.11M | 166.00K | 1.01M |
| Net Income | - | -157.13M | -240.05M | -157.85M | -142.62M |
| Diluted EPS | -3.00 | -1.99 | -2.94 | -1.62 | - |
| R&D Expense | - | 186.46M | 127.13M | 109.63M | 104.00M |
Compounded Sales Growth
| 5 Years: | -27.09% |
| 1 Year: | -9.50% |
Compounded Profit Growth
| 5 Years: | 3.08% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +10.03% |
| 6 Months: | -22.55% |
| 3 Months: | -17.07% |
| 1 Month: | -10.05% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 490.86M | 354.78M | 321.98M | 323.15M |
| Current Assets | - | 434.98M | 336.29M | 291.25M | 306.33M |
| Cash & Equivalents | - | 326.44M | 278.60M | 250.87M | 261.34M |
| Inventory | - | 12.07M | 16.18M | 2.25M | 4.18M |
| Receivables | - | 72.97M | 25.18M | 20.32M | 29.12M |
| Total Liabilities | - | 411.41M | 503.03M | 524.62M | 508.98M |
| Current Liabilities | - | 81.94M | 67.67M | 80.47M | 70.16M |
| Long Term Debt | - | 109.71M | 112.73M | 113.63M | 112.45M |
| Total Debt | - | 117.38M | 124.38M | 123.00M | 117.02M |
| Total Equity | - | 79.45M | -148.25M | -202.64M | -185.83M |
| Shares Outstanding | - | 89.04M | 89.04M | 101.61M | 128.31M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -138.31M | -118.69M | -123.83M | -141.17M |
| Investing Cash Flow | - | -687.00K | -3.22M | -867.00K | 395.00K |
| Financing Cash Flow | - | -897.00K | 73.88M | 97.05M | 150.94M |
| Capital Expenditure | - | -687.00K | -3.22M | -867.00K | -264.00K |
| Free Cash Flow | - | -139.00M | -121.90M | -124.70M | -141.44M |
| Net Change in Cash | - | -139.90M | -48.03M | -27.65M | 10.17M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 98.4% | 96.4% | 91.6% | 92.9% |
| Operating Margin % | - | -58.6% | -237.3% | -182.9% | -131.8% |
| Net Margin % | - | -74.9% | -345.1% | -222.8% | -175.3% |
| ROE % | - | -197.8% | 161.9% | 77.9% | 76.7% |
| ROCE % | - | -30.1% | -57.5% | -53.7% | -42.4% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Redmile Group, LLC | 12.16% | 15.47M | $52.60M |
| 2 | TCG Crossover Management, LLC | 8.96% | 11.39M | $38.73M |
| 3 | Prosight Management, Lp | 6.53% | 8.30M | $28.22M |
| 4 | Blackrock Inc. | 4.91% | 6.25M | $21.25M |
| 5 | Eventide Asset Management LLC | 4.48% | 5.70M | $19.39M |
| 6 | Nantahala Capital Management, LLC | 4.40% | 5.60M | $19.03M |
| 7 | Morgan Stanley | 3.00% | 3.81M | $12.96M |
| 8 | Point72 Asset Management, L.P. | 2.66% | 3.38M | $11.50M |
| 9 | Millennium Management Llc | 2.45% | 3.12M | $10.61M |
| 10 | Goldman Sachs Group Inc | 1.30% | 1.65M | $5.62M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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