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Eton Pharmaceuticals, Inc. ETON R2K

Healthcare · Drug Manufacturers - Specialty & Generic · United States
https://www.etonpharma.com
Company Profile ↓
$37.51
+157.98% 1Y
Mkt Cap$1.03B
P/E-625.17
P/B28.23
52W High$38.02
52W Low$13.89
Book Value$1.12
EPS (TTM)$-0.06

Company Overview

Eton Pharmaceuticals, Inc., a pharmaceutical company, focuses on developing and commercializing treatments for rare diseases. Its commercial rare disease products include Increlex for the treatment of severe primary igf-1 deficiency; Alkindi Sprinkle for adrenal insufficiency; Khindivi for adrenocortical insufficiency; Galzin for Wilson disease; PKU Golike for phenylketonuria; Carglumic Acid for N-acetylglutamate synthase deficiency; Betaine Anhydrous for homocystinuria; and Nitisinone for tyrosinemia type 1. The company is also developing various product candidates, which are in late-stage development, including ET-600 for diabetes insipidus; Amglidia for neonatal diabetes mellitus; ET-700 for Wilson disease; ET-800 for adrenal insufficiency; and ZENEO hydrocortisone autoinjector for adrenal crisis. Eton Pharmaceuticals, Inc. was incorporated in 2017 and is based in Deer Park, Illinois.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 142.2% CAGR over the past five years.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $79.95M (+104.9% YoY); net profit $-4.60M.
  • Trailing 12 Months Year-on-year growth — revenue +40.4%.
  • 5-Year Trend Long-term compounding — revenue CAGR 142.2%.

Growth & Price Performance

Compounded Sales Growth

5 Years:142.21%
1 Year:40.40%

Stock Price Performance

1 Year:+157.98%
6 Months:+142.63%
3 Months:+43.99%
1 Month:+16.82%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 98% of range
$13.89 $38.02
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)64.89 · Neutral
Price Performance
1M+16.82%
3M+43.99%
6M+142.63%
1Y+157.98%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 142.2% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

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

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Valuation

Stock P/E
-625.17
Industry PE
25.41
Forward P/E
19.95
PEG Ratio
-
Book Value
$1.12
Price to Book
28.23
P/S
9.95
EV/EBITDA
79.11
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
142.21%
Profit 5Y
-
Revenue (YoY)
40.40%
Earnings (YoY)
-

Profitability & Returns

ROCE
-1.57%
ROE
-5.36%
ROA
4.76%
Profit Margin
-1.70%
Op Margin
11.39%
Gross Margin
59.72%
EPS (Latest Qtr)
$0.05
EPS (TTM)
$-0.06

Balance Sheet & Liquidity

Debt/Equity
1.02
Quick Ratio
0.75
Current Ratio
1.21
Debt
$31.26M
Total Assets
$97.71M
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
4.45%
Chg in Prom Hold
-
FII / Inst Holding
65.41%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$1.03B
Total Revenue (TTM)
$86.93M
EBITDA
$11.09M
Free Cash Flow
$2.44M
Operating Cash Flow
$15.84M
Shares Outstanding
27.39M
Gross Margin
59.72%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ETON Eton Pharmaceuticals, Inc. R2K 37.51 -625.17 $1.03B 0.00% -1.57% -5.36% 142.21% -
2 LLY Eli Lilly and Company SPX 1,152.54 41.02 $1.03T 0.61% - 107.46% 7.20% 11.41%
3 JNJ Johnson & Johnson SPX 253.85 29.45 $611.07B 2.23% 14.88% 26.42% 2.43% 4.76%
4 ABBV AbbVie Inc. SPX 244.78 119.40 $432.48B 3.04% 10.47% -129.24% 1.75% -29.06%
5 UNH UnitedHealth Group Incorporated SPX 425.19 32.02 $386.13B 2.27% 9.74% 12.18% 10.40% 5.43%
6 MRK Merck & Co., Inc. SPX 120.78 34.02 $298.31B 2.86% - 18.94% 5.64% 10.01%
7 AZN AstraZeneca PLC NDX 164.50 24.81 $255.12B 1.77% 15.97% 23.48% 9.82% 45.96%
8 TMO Thermo Fisher Scientific Inc. SPX 534.07 29.33 $198.47B 0.40% 8.14% 13.52% 8.81% 12.95%
9 AMGN Amgen Inc. NDXSPX 355.25 24.69 $191.73B 2.84% 18.02% 101.32% 11.77% 5.58%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue -----500.00K--459.00K99.00K20.00K-161.00K11.90M3.07M775.00K2.18M7.36M3.22M5.30M12.00M7.03M7.97M9.07M10.32M17.28M18.93M22.46M24.27M
Gross Profit -----500.00K----3.00K-8.00K-17.00K10.31M2.89M121.00K1.33M4.61M2.02M3.35M9.68M4.40M5.01M5.63M6.30M9.86M11.92M7.86M14.73M
Operating Income -2.77M-2.96M-2.70M-2.37M--7.55M-3.35M-5.04M--8.88M-4.54M-6.27M5.36M-2.33M-5.85M-5.09M-1.34M-2.90M-2.53M3.88M-548.00K-800.00K-2.94M509.00K-470.00K-1.48M-1.36M2.41M
Net Income -2.80M-3.02M-3.08M-2.91M-3.73M-7.41M-3.25M-4.96M-2.70M-9.05M-4.73M-6.50M5.12M-2.02M-6.09M-5.33M-1.56M-3.04M-2.66M4.56M-579.00K-811.00K-3.04M627.00K-1.57M-2.58M-1.93M1.55M
Diluted EPS ----------0.50-0.23-0.19-0.08-0.24-0.21-0.06-0.12-0.100.18-0.02-0.03-0.120.02-0.06--0.070.05
R&D Expense 1.56M1.27M1.71M1.54M-6.46M1.44M3.42M-6.27M1.61M2.83M886.00K1.99M2.68M1.62M690.00K744.00K535.00K1.12M615.00K651.00K2.97M505.00K1.16M3.71M1.11M1.88M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -959.00K39.00K-21.25M31.64M39.01M79.95M
Cost of Revenue ----6.93M10.58M15.60M37.21M
Gross Profit -506.00K-397.00K-14.32M21.06M23.41M42.74M
Operating Expenses ----22.58M22.25M26.01M43.58M
Operating Income -10.32M-18.60M-27.11M--8.26M-1.19M-2.60M-844.00K
EBITDA -----6.49M-291.00K-1.45M3.20M
Interest Expense --------
Pretax Income -----9.02M-689.00K-3.81M-4.56M
Tax Provision ----0247.00K15.00K43.00K
Net Income -12.74M-18.32M-27.97M--9.02M-936.00K-3.82M-4.60M
Diluted EPS -----0.36-0.04-0.15-0.17
R&D Expense 5.63M11.55M14.10M6.24M4.00M3.32M3.25M7.76M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets 13.44M28.33M17.07M26.32M27.46M25.03M31.74M76.12M92.11M
Total Equity -6.87M26.30M10.55M17.63M17.63M13.08M15.48M24.43M26.15M
Cash & Equivalents 13.16M26.73M12.07M21.30M14.41M16.30M21.39M14.94M25.94M
Long Term Debt --4.54M6.53M5.26M5.38M029.81M21.77M
Total Liabilities 1.31M2.02M6.52M10.66M9.84M11.95M16.26M51.70M65.96M
Current Liabilities 793.00K2.02M1.96M3.79M4.56M6.46M16.24M19.95M38.49M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -8.14M-18.03M-22.35M-4.72M4.82M6.82M969.00K10.52M
Investing Cash Flow -236.00K-1.85M-50.00K-2.56M-2.79M-775.00K-40.01M-333.00K
Financing Cash Flow 21.96M5.20M31.62M391.00K-134.00K-957.00K32.59M815.00K
Capital Expenditure -236.00K-1.10M-50.00K-9.00K-38.00K-0-26.00K-333.00K
Free Cash Flow -8.38M-19.12M-22.40M-4.73M4.78M6.82M943.00K10.19M

Ratios (Annual)

Figures in %.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -52.8%-1,017.9%-67.4%66.6%60.0%53.5%
Operating Margin % --1,939.6%-69,515.4%--38.9%-3.8%-6.7%-1.1%
Net Margin % --1,910.3%-71,717.9%--42.4%-3.0%-9.8%-5.8%
ROE % -48.4%-173.6%-158.7%--69.0%-6.0%-15.7%-17.6%
ROCE % -39.2%-123.1%-120.4%--44.5%-7.7%-4.6%-1.6%

Shareholding Pattern

Insiders
4.45%
Institutions
65.41%
Public Float
68.46%

Top Institutional Holders

#Holder% HeldSharesValue
1 Opaleye Management Inc. 10.44% 2.86M $109.09M
2 EcoR1 Capital, LLC 7.93% 2.17M $82.85M
3 Blackrock Inc. 6.27% 1.72M $65.51M
4 Nantahala Capital Management, LLC 4.29% 1.18M $44.86M
5 Vanguard Capital Management LLC 3.63% 994.09K $37.92M
6 Geode Capital Management, LLC 2.11% 577.67K $22.04M
7 State Street Corporation 1.94% 530.22K $20.23M
8 National Philanthropic Trust 1.80% 492.11K $18.77M
9 Morgan Stanley 1.74% 477.96K $18.23M
10 Westside Investment Management, Inc. 1.71% 467.92K $17.85M

Analyst View

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Latest News

Recent headlines for ETON

Google News ue, 14 Jul 2026

Eton Pharmaceuticals (ETON) CEO exercises options and RSUs, increasing stake - Stock Titan

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Google News Wed, 15 Jul 2026

Eton Pharmaceuticals (ETON) Could Be 18% Undervalued As Valuation Questions Build - simplywall.st

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Eton Pharmaceuticals (ETON) Soars 6.7%: Is Further Upside Left in the Stock? - Yahoo Finance

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ETON — Frequently Asked Questions

What is the current share price of Eton Pharmaceuticals, Inc. (ETON)?

As of 2026-07-14 21:23 PDT, Eton Pharmaceuticals, Inc. (ETON) trades at $37.51 on NasdaqGM. Its 52-week range is $13.89 to $38.02.

What is the market capitalisation of ETON?

Eton Pharmaceuticals, Inc. (ETON) has a market capitalisation of $1.03B on NasdaqGM.

What is the P/E ratio of ETON?

ETON trades at a trailing price-to-earnings (P/E) ratio of -625.17. The industry average P/E is 25.41. Its price-to-book (P/B) ratio is 28.23.

What is the return on equity (ROE) of ETON?

ETON has a return on equity (ROE) of -5.36%. Its return on capital employed (ROCE) is -1.57%.

Is ETON a good stock to buy?

This page provides a data-driven analysis of Eton Pharmaceuticals, Inc. (ETON), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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