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Harmony Biosciences Holdings, Inc. HRMY R2K

Healthcare · Biotechnology · United States
https://www.harmonybiosciences.com
Company Profile ↓
$34.81
+0.29% 1Y
Mkt Cap$2.02B
P/E14.04
P/B2.19
52W High$40.51
52W Low$25.90
Book Value$15.73
EPS (TTM)$2.48

Company Overview

Harmony Biosciences Holdings, Inc., a commercial-stage pharmaceutical company, focuses on developing and commercializing therapies for patients with rare neurological diseases in the United States. The company offers WAKIX (pitolisant), a molecule with a novel mechanism of action for the treatment of excessive daytime sleepiness in adult patients with narcolepsy. It also develops Pitolisant that is in Phase 3 clinical trial for the treatment of Prader-Willi Syndrome (PWS); in Phase 2 clinical trial to treat Myotonic Dystrophy (DM1); and is in Phase 2 clinical trials for the treatment of Pitolisant Gastro-Resistant (GR) and Pitolisant High-Dose (HD). In addition, the company's products under development include BP1.15205, an orexin 2 receptor agonist for the treatment of narcolepsy and other potential indications; and HBS-102, a melanin-concentrating hormone receptor type 1 (MCHR1) antagonist. Further, it develops ZYN-002 that is in a Phase 3 registrational trial for the treatment of Fragile X Syndrome; and 22q Deletion Syndrome, a disorder caused by a small missing piece on the long arm of the 22nd chromosome. Additionally, the company is developing EPX-100 (clemizole hydrochloride), a serotonin (5HT-2) receptor agonist to treat dravet syndrome and lenox-gastaut syndrome; EPX-200 (liquid formulation of lorcaserin), a selective 5HT-2C agonist to treat developmental and epileptic encephalopathies; CBS105 for the treatment-resistant narcolepsy; and CBS104 for refractory epilepsy. The company was formerly known as Harmony Biosciences II, Inc. and changed its name to Harmony Biosciences Holdings, Inc. in February 2020. Harmony Biosciences Holdings, Inc. was incorporated in 2017 and is headquartered in Plymouth Meeting, Pennsylvania.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 17.9%, reflecting efficient use of shareholder capital.

Healthy Capital Returns

Return on capital employed stands at 20.4%.

Steady Revenue Expansion

Revenue has grown at a 129.2% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 14.0, below the sector median of 25.4.

Healthy Margins

Maintains a net profit margin of 16.2%.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.18.

Recent Developments

  • Dec 2025 Revenue of $868.45M (+21.5% YoY); net profit $158.69M.
  • Trailing 12 Months Year-on-year growth — revenue +16.6%, earnings -29.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR 129.2%.

Growth & Price Performance

Compounded Sales Growth

5 Years:129.17%
1 Year:16.60%

Compounded Profit Growth

5 Years:-
1 Year:-29.50%

Stock Price Performance

1 Year:+0.29%
6 Months:-9.70%
3 Months:+19.83%
1 Month:-1.11%

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

Technical Snapshot Bullish
52-Week Range 61% of range
$25.90 $40.51
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • Golden Cross9d ago
  • RSI (14)48.37 · Neutral
Price Performance
1M-1.11%
3M+19.83%
6M-9.70%
1Y+0.29%
Valuation vs Sector

P/E of 14.04 is below the sector median of 25.41 — relatively cheaper than peers.

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

  • Healthy ROCE of 20.4%.
  • Compounding revenue at 129.2% 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
14.04
Industry PE
25.41
Forward P/E
6.24
PEG Ratio
-
Book Value
$15.73
Price to Book
2.19
P/S
2.22
EV/EBITDA
7.07
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
129.17%
Profit 5Y
-
Revenue (YoY)
16.60%
Earnings (YoY)
-29.50%

Profitability & Returns

ROCE
20.45%
ROE
17.86%
ROA
10.18%
Profit Margin
16.20%
Op Margin
17.31%
Gross Margin
76.55%
EPS (Latest Qtr)
$0.55
EPS (TTM)
$2.48

Balance Sheet & Liquidity

Debt/Equity
0.18
Quick Ratio
3.45
Current Ratio
3.58
Debt
$164.61M
Total Assets
$1.27B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
11.69%
Chg in Prom Hold
-
FII / Inst Holding
103.43%
Chg in FII Hold
-0.20%

Financial Snapshot

Enterprise Value
$2.02B
Total Revenue (TTM)
$899.11M
EBITDA
$214.85M
Free Cash Flow
$149.73M
Operating Cash Flow
$341.97M
Shares Outstanding
57.89M
Gross Margin
76.55%
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 HRMY Harmony Biosciences Holdings, Inc. R2K 34.81 14.04 $2.02B 0.00% 20.45% 17.86% 129.17% -
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 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue -19.84M38.01M45.61M59.67M73.82M80.73M85.31M107.03M117.21M119.13M134.22M160.27M154.62M172.81M186.04M184.73M200.49M239.46M215.39M
Gross Profit -16.37M31.55M37.72M49.27M61.13M66.13M70.60M88.11M94.25M98.35M109.21M127.97M127.13M140.67M143.26M152.74M162.34M179.81M170.88M
Operating Income -29.80M-9.61M7.31M10.38M14.53M23.31M21.05M27.56M33.12M11.90M40.42M46.90M64.51M52.03M21.36M61.71M56.24M48.18M65.49M37.29M
Net Income -31.90M-38.62M-27.00K1.91M7.39M14.12M-9.62M21.48M23.53M87.94M29.48M34.30M38.46M38.33M11.59M46.09M45.56M39.78M50.87M32.49M
Diluted EPS -5.26-6.30-1.34-0.140.130.24-0.170.350.391.440.480.560.630.670.200.790.780.680.870.55
R&D Expense 4.34M3.43M4.17M4.23M4.68M6.50M11.74M7.58M12.67M40.55M13.29M14.97M17.50M22.19M63.58M25.39M34.54M50.16M54.96M69.38M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 6.00M159.74M305.44M437.86M582.02M714.73M868.45M
Gross Profit 4.42M132.00M249.92M354.37M460.79M557.92M670.11M
Operating Income -145.90M16.99M87.53M120.19M192.03M190.83M208.47M
Net Income -151.98M-36.94M34.60M181.47M128.85M145.49M158.69M
Diluted EPS -24.07-2.480.582.972.132.512.71
R&D Expense 69.59M19.45M30.37M70.89M76.06M145.82M189.59M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -106.70M427.07M433.44M673.87M811.45M999.20M1.27B
Total Equity -242.67M-422.86M97.18M186.51M402.84M466.99M659.15M870.22M
Cash & Equivalents -24.46M228.63M234.31M243.78M311.66M453.00M752.50M
Long Term Debt -97.95M194.25M189.98M189.65M178.57M163.02M143.66M
Total Liabilities -118.29M329.89M246.94M271.03M344.46M340.05M401.41M
Current Liabilities -19.89M134.54M53.77M78.88M163.78M175.08M252.13M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -75.44M-2.98M98.56M144.47M219.39M219.82M348.20M
Investing Cash Flow -127.15M-2.00M-100.30M-141.83M-46.44M-67.48M-39.65M
Financing Cash Flow 143.77M209.16M7.42M6.84M-105.55M-11.00M-9.05M
Capital Expenditure -149.00K-2.00K-298.00K-172.00K-312.00K-1.15M-310.00K
Free Cash Flow -75.58M-2.99M98.26M144.29M219.07M218.67M347.89M
Share Buybacks -167.00K--100.00M--

Ratios (Annual)

Figures in %.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 73.7%82.6%81.8%80.9%79.2%78.1%77.2%
Operating Margin % -2,433.8%10.6%28.7%27.4%33.0%26.7%24.0%
Net Margin % -2,535.1%-23.1%11.3%41.4%22.1%20.4%18.3%
ROE % 35.9%-38.0%18.5%45.0%27.6%22.1%18.2%
ROCE % -168.1%5.8%23.1%20.2%29.6%23.2%20.4%

Shareholding Pattern

Insiders
11.69%
Institutions
103.43%
Public Float
117.12%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 12.21% 7.07M $263.50M
2 FMR, LLC 5.45% 3.16M $117.69M
3 Vanguard Portfolio Management LLC 4.69% 2.71M $101.16M
4 American Century Companies Inc 3.64% 2.11M $78.46M
5 Vanguard Capital Management LLC 3.63% 2.10M $78.35M
6 Dimensional Fund Advisors LP 3.59% 2.08M $77.39M
7 LSV Asset Management 3.50% 2.03M $75.48M
8 SG Americas Securities, LLC 3.49% 2.02M $75.22M
9 State Street Corporation 3.08% 1.78M $66.50M
10 Armistice Capital, LLC 2.81% 1.62M $60.53M

Analyst View

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Latest News

Recent headlines for HRMY

Google News ue, 14 Jul 2026

HRMY vs. AMGN: Which Stock Is the Better Value Option? - Yahoo Finance

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Google News Sat, 11 Jul 2026

Harmony Biosciences Holdings (NASDAQ:HRMY): A Value Stock with Strong Financial Health - ChartMill

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Google News ue, 14 Jul 2026

Are Investors Undervaluing Harmony Biosciences (HRMY) Right Now? - Yahoo Finance

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Google News Mon, 29 Jun 2026

HRMY Growth Trends Beyond Wakix Could Shape Its Next Growth Phase - Zacks Investment Research

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Google News ue, 21 Apr 2026

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HRMY — Frequently Asked Questions

What is the current share price of Harmony Biosciences Holdings, Inc. (HRMY)?

As of 2026-07-14 21:23 PDT, Harmony Biosciences Holdings, Inc. (HRMY) trades at $34.81 on NasdaqGM. Its 52-week range is $25.90 to $40.51.

What is the market capitalisation of HRMY?

Harmony Biosciences Holdings, Inc. (HRMY) has a market capitalisation of $2.02B on NasdaqGM.

What is the P/E ratio of HRMY?

HRMY trades at a trailing price-to-earnings (P/E) ratio of 14.04. The industry average P/E is 25.41. Its price-to-book (P/B) ratio is 2.19.

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

HRMY has a return on equity (ROE) of 17.86%. Its return on capital employed (ROCE) is 20.45%.

Is HRMY a good stock to buy?

This page provides a data-driven analysis of Harmony Biosciences Holdings, Inc. (HRMY), 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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