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Cytokinetics, Incorporated CYTK R2K

Healthcare · Biotechnology · United States
https://www.cytokinetics.com

Cytokinetics, Incorporated, a biopharmaceutical company, focuses on discovering, developing, and commercializing novel muscle activators and muscle inhibitors as potential treatments for debilitating diseases in the United States. The company markets MYQORZO, a novel, oral, and small molecule cardiac myosin inhibitor for the treatment of symptomatic oHCM. It also develops Aficamten, a novel, oral, and small molecule cardiac myosin inhibitor for the treatment of HCM; and omecamtiv mecarbil, a potential treatment across the continuum of care in heart failure with severely reduced ejection fraction. In addition, the company is involved in developing and Ulacamten, a novel, selective, oral, and small molecule cardiac myosin inhibitor designed to reduce the hypercontractility associated with heart failure with preserved ejection fraction in Phase 1 clinical trials; and CK-089, a fast skeletal muscle troponin activator in Phase 1 clinical trials. Cytokinetics, Incorporated was incorporated in 1997 and is headquartered in South San Francisco, California.

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$76.76
+147.45% 1Y

Market & Price

Market Cap
$10.42B
Current Price
$76.76
High / Low (52W)
$78.77 / $31.02
Beta
0.38

Valuation

Stock P/E
-
Industry PE
23.65
Forward P/E
-
PEG Ratio
-
Book Value
$-6.65
Price to Book
-11.54
P/S
98.49
EV/EBITDA
-16.18
Dividend Yield
-

Profitability & Returns

ROCE
-55.73%
ROE
-
ROA
-31.54%
Profit Margin
0.00%
Op Margin
-
EPS (Latest Qtr)
$-1.67
EPS (TTM)
$-6.85

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
4.14
Current Ratio
4.21
Debt
$1.44B
Total Assets
$1.42B
Current Assets
$916.98M
Working Capital
$714.52M

Ownership

Promoter Holding
0.71%
Chg in Prom Hold
-0.01%
FII / Inst Holding
119.00%
Chg in FII Hold
0.01%

Financial Snapshot

Enterprise Value
$10.18B
Total Revenue (TTM)
$105.81M
EBITDA
$-629.04M
Free Cash Flow
$-381.06M
Operating Cash Flow
$-523.85M
Shares Outstanding
135.77M
Gross Margin
-
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
-2.36%
Profit 5Y
-33.94%
Revenue (YoY)
1,125.80%
Earnings (YoY)
-

PROS

  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -2.4% CAGR over 5 years.
  • Earnings shrank at -33.9% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

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).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 CYTK Cytokinetics, Incorporated R2K 76.76 - $10.42B - -55.73% - -2.36% -33.94%
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%
Ad space

Quarterly Results

Figures in USD.

Metric Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Mar 2019Jun 2019Sep 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -------------5.27M6.21M10.64M8.46M7.14M6.05M3.83M3.59M41.69M6.55M2.84M5.44M1.15M88.97M2.52M4.61M867.00K378.00K835.00K249.00K463.00K-1.58M66.77M1.94M17.75M19.36M
Cost of Revenue -----------------------------------1.58M112.55M99.23M104.40M2.55M
Gross Profit -----------------------------------0-45.78M-97.30M-86.64M16.80M
Operating Expenses -----------------------------------155.63M178.28M168.69M196.12M200.42M
Operating Income --8.91M-10.59M-8.89M--11.95M-11.01M33.97M--23.25M-25.19M-28.42M--26.13M-23.41M-17.91M-24.52M-26.72M-23.93M-30.36M-32.36M5.18M-40.61M-54.80M-69.20M-77.86M-10.87M-108.44M-124.47M-122.05M-122.27M-126.23M-130.17M-140.80M--155.63M-111.51M-166.75M-178.37M-183.62M
EBITDA ------------------------------------136.13M-107.82M-277.18M-149.84M-169.32M
Interest Expense -----------------------------------22.95M24.27M26.32M30.34M33.34M
Pretax Income ------------------------------------161.38M-134.37M-306.18M-183.03M-206.03M
Tax Provision ----------------------------------------
Net Income 8.44M-8.87M-10.55M-8.85M-9.23M-12.46M-11.61M33.36M7.16M-25.87M-29.08M-32.36M-40.48M-30.28M-27.52M-22.02M-29.37M-32.11M-29.57M-39.41M-40.78M-3.17M-47.10M-61.55M-76.09M-89.44M-19.82M-142.31M-131.29M-128.64M-129.42M-135.64M-143.32M-160.54M--161.38M-134.37M-306.18M-183.03M-206.03M
Diluted EPS ----0.23--0.31-0.290.770.16---0.60------------0.86-0.95-1.05-0.23-1.52-1.38-1.34-1.35-1.33-1.31-1.36--1.36-1.12-2.55-1.50-1.67
R&D Expense -8.96M12.64M11.56M-13.53M9.72M17.86M-19.29M19.81M24.95M-22.14M21.58M21.39M23.55M24.02M20.23M21.74M21.79M24.20M31.56M36.44M48.44M45.94M57.13M62.73M79.42M83.19M82.53M81.57M79.60M84.61M-98.26M112.55M99.23M-95.53M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 1999Dec 2000Dec 2001Dec 2002Dec 2003Dec 2004Dec 2005Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue ------------------13.37M31.50M26.87M55.83M70.43M94.59M7.53M18.47M88.04M
Cost of Revenue -----------------------240.81M330.12M339.41M416.03M
Gross Profit ------------------------146.22M-322.59M-320.93M-327.99M
Operating Expenses -----------------------418.79M503.74M554.72M700.30M
Operating Income ----------26.09M-49.63M-47.96M-40.46M-33.89M-14.75M-37.41M18.69M-113.40M-88.92M-98.87M-93.94M-186.31M-324.20M-496.20M-536.25M-612.26M
EBITDA ------------------------331.99M-456.68M-493.48M-670.96M
Interest Expense -----------------------51.16M57.67M86.51M103.87M
Pretax Income ------------------------388.95M-526.24M-589.53M-784.96M
Tax Provision ---------------------------
Net Income -7.34M-13.08M-15.87M-23.08M-32.69M-37.20M-42.25M-57.12M-48.89M-56.37M24.54M-49.29M-47.86M-40.37M-33.72M-14.65M-37.50M16.45M-127.79M-106.29M-121.69M-127.29M-215.31M-388.95M-526.24M-589.53M-784.96M
Diluted EPS ----------0.42-0.77-0.72---0.41-0.970.39-2.59---1.97-2.80-4.33-5.45-5.26-6.54
R&D Expense ----------39.84M38.01M37.18M35.64M49.45M44.43M46.40M59.90M90.30M89.14M86.12M96.95M159.94M240.81M330.12M339.41M416.03M

Compounded Sales Growth

5 Years:-2.36%
1 Year:1,125.80%

Compounded Profit Growth

5 Years:-33.94%
1 Year:-

Stock Price Performance

1 Year:+147.45%
6 Months:+13.63%
3 Months:+23.37%
1 Month:+28.84%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 1998Dec 1999Dec 2000Dec 2001Dec 2002Dec 2003Dec 2004Dec 2005Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets ------------77.99M52.77M77.55M83.19M132.97M115.24M170.14M294.81M211.18M289.81M533.80M-1.01B824.32M1.40B1.42B
Current Assets ------------------------795.19M628.05M1.11B916.98M
Cash & Equivalents ----------41.82M25.56M17.51M18.83M14.91M20.16M20.21M65.08M66.87M125.21M42.26M36.43M82.98M-65.58M113.02M94.86M122.52M
Inventory ----------------------------
Receivables ------------------------147.00K1.28M16.65M17.76M
Total Liabilities ------------7.48M4.59M7.47M28.75M40.90M46.65M75.78M184.97M185.24M300.75M420.42M-1.12B1.21B1.54B2.08B
Current Liabilities ------------7.32M4.59M7.11M26.70M23.86M31.65M33.26M32.44M22.19M26.02M31.20M-84.62M102.68M179.67M202.45M
Long Term Debt ----------------014.64M27.38M31.78M39.81M45.05M46.21M-609.62M607.37M645.60M1.12B
Total Debt ------------------------750.30M755.77M788.68M1.28B
Total Equity -2.00M-9.12M-21.82M-37.35M-60.59M-92.03M107.56M73.56M106.31M99.92M49.77M101.43M70.52M48.18M70.08M54.44M92.06M68.59M94.36M109.84M25.93M-10.94M113.38M--107.90M-386.32M-135.37M-659.62M
Shares Outstanding ------------------------94.83M101.64M118.21M122.94M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 8.42M-44.83M-45.59M-33.44M-7.72M----101.76M-101.22M-90.91M8.94M--299.52M-414.33M-395.89M-510.01M
Investing Cash Flow -53.48M34.24M25.30M-28.82M-1.52M----65.83M5.13M-74.71M-196.51M--262.13M239.25M-553.10M16.67M
Financing Cash Flow 28.81M2.55M21.61M58.33M14.49M---225.92M13.13M159.79M234.12M-516.17M221.32M930.61M524.46M
Capital Expenditure -550.00K-493.00K-443.00K-125.00K-542.00K-1.10M-562.00K-1.60M-2.88M-889.00K-2.62M-11.05M--11.34M-1.42M-3.91M-24.81M
Free Cash Flow 7.87M-45.32M-46.04M-33.56M-8.26M----104.64M-102.10M-93.53M-2.11M--310.85M-415.75M-399.80M-534.82M
Net Change in Cash --------------45.48M46.24M-18.38M31.11M

Ratios (Annual)

Figures in %.

Metric Dec 1999Dec 2000Dec 2001Dec 2002Dec 2003Dec 2004Dec 2005Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ------------------------154.6%-4,284.1%-1,737.2%-372.5%
Operating Margin % -------------------848.3%-282.3%-368.0%-168.3%-264.5%-342.8%-6,589.7%-2,902.7%-695.4%
Net Margin % -------------------955.9%-337.4%-452.9%-228.0%-305.7%-411.2%-6,988.6%-3,191.1%-891.6%
ROE % 80.5%59.9%42.5%38.1%35.5%-34.6%-57.4%-53.7%-48.9%-113.3%24.2%-69.9%-99.3%-57.6%-61.9%-15.9%-54.7%17.4%-116.3%-409.8%1,112.7%-112.3%-360.5%136.2%435.5%119.0%
ROCE % ------------70.2%-99.5%-57.4%-60.0%-13.5%-44.8%13.7%-43.2%-47.0%-37.5%-18.7%--34.9%-68.8%-43.9%-50.1%

Shareholding Pattern

Insiders
0.71%
Institutions
119.00%
Public Float
119.85%

Top Institutional Holders

#Holder% HeldSharesValue
1 T. Rowe Price Investment Management, Inc. 14.08% 17.52M $1.35B
2 Blackrock Inc. 13.30% 16.55M $1.27B
3 FMR, LLC 8.62% 10.72M $823.11M
4 Wellington Management Group, LLP 6.44% 8.01M $614.81M
5 Vanguard Portfolio Management LLC 4.70% 5.84M $448.57M
6 State Street Corporation 4.62% 5.75M $441.00M
7 Vanguard Capital Management LLC 4.41% 5.49M $421.31M
8 Avoro Capital Advisors LLC 2.68% 3.33M $255.87M
9 Geode Capital Management, LLC 2.58% 3.22M $246.82M
10 Bank of America Corporation 2.51% 3.13M $239.91M

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