Mirum Pharmaceuticals, Inc. MIRM R2K
Mirum Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of novel therapies for debilitating rare and orphan diseases. Its lead product candidate is LIVMARLI (maralixibat), an orally administered and minimally absorbed ileal bile acid transporter (IBAT) inhibitor that is approved for the treatment of cholestatic pruritus in patients with Alagille syndrome in the United States and internationally. The company is also involved in the commercialization of Cholbam, a cholic acid capsule, which is approved as treatment for pediatric and adult patients with bile acid synthesis disorders due to single enzyme defects and for adjunctive treatment of patients with peroxisomal disorders, including peroxisome biogenesis disorder-Zellweger spectrum disorder and Smith-Lemli-Opitz syndrome; and Chenodal, a tablet, which is approved for the treatment of radiolucent stones in the gallbladder, and under development for the treatment cerebrotendinous xanthomatosis. In addition, it develops Volixibat, an oral and minimally absorbed agent designed to inhibit IBAT, currently under Phase 2b clinical trial for the treatment of adult patients with cholestatic liver diseases; Brelovitug, for the treatment of chronic HDV infection, which is in Phase 2 clinical trial; and MRM-3379, that is in Phase 2 clinical study for the treatment of FXS. The company has a collaboration agreement with the Shire International GmbH; License Agreement with Pfizer Inc.; Sanofi-Aventis Deutschland GmbH; Novartis Pharma AG; Lonza Ltd.; Enthorin Therapeutics, LLC and Dart Neuroscience LLC; Asset Purchase Agreement with Asklepion Pharmaceuticals, LLC; License and Manufacturing Agreement with LGM Pharma; and Asset Purchase Agreement with Travere Therapeutics, Inc. The company was incorporated in 2018 and is headquartered in Foster City, California.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 89.1% over 5 years.
- Profit CAGR of 27.6% 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.
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 | MIRM Mirum Pharmaceuticals, Inc. R2K | 101.50 | - | $6.19B | - | -1.10% | - | 89.13% | 27.59% |
| 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 | Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | 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 | - | - | - | - | - | 0 | 0 | 0 | 11.00M | 5.00M | 12.89M | 17.48M | 18.78M | 31.60M | 37.50M | 47.73M | 69.22M | 77.88M | - | - | 111.58M | 127.78M | 133.01M | 148.93M | 159.88M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23.02M | 23.42M | 25.54M | 28.26M | 28.80M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 88.57M | 104.36M | 107.47M | 120.67M | 131.08M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 98.75M | 109.35M | 104.87M | 125.23M | 194.24M |
| Operating Income | -65.00K | -6.18M | -14.03M | -15.87M | -22.03M | -23.60M | -21.72M | -47.61M | -37.40M | -42.82M | -32.74M | -31.44M | -32.88M | -27.15M | -24.27M | -25.15M | -26.47M | -24.23M | - | - | -10.18M | -4.99M | 2.60M | -4.57M | -63.16M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -4.00M | 4.19M | 12.31M | 4.71M | -779.19M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.60M | 3.59M | 3.61M | 3.60M | 3.62M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -13.65M | -5.46M | 2.64M | -4.96M | -789.68M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03M | 402.00K | -262.00K | 767.00K | 475.00K |
| Net Income | -67.00K | -5.96M | -13.56M | -15.09M | -21.31M | -23.25M | -21.51M | -50.53M | -43.89M | -47.11M | -36.61M | -26.92M | -35.71M | -30.13M | -74.04M | -23.59M | -25.28M | -24.64M | - | - | -14.68M | -5.86M | 2.90M | -5.73M | -790.15M |
| Diluted EPS | - | - | - | - | - | - | - | - | -1.45 | -1.55 | -1.17 | -0.84 | -1.02 | -0.80 | -1.94 | -0.57 | -0.54 | -0.52 | - | - | -0.30 | -0.12 | 0.05 | -0.11 | -13.43 |
| R&D Expense | 3.00K | - | 11.59M | 12.16M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | 77.06M | 186.37M | 336.89M | 521.31M |
| Cost of Revenue | - | - | - | 12.37M | 47.04M | 81.64M | 100.24M |
| Gross Profit | - | - | - | 64.69M | 139.34M | 255.25M | 421.07M |
| Operating Expenses | - | - | - | 195.91M | 248.49M | 342.85M | 443.21M |
| Operating Income | -54.74M | -104.30M | - | -131.22M | -109.15M | -87.61M | -22.14M |
| EBITDA | - | - | - | -122.85M | -136.49M | -48.97M | 17.21M |
| Interest Expense | - | - | - | 15.98M | 15.11M | 14.31M | 14.39M |
| Pretax Income | - | - | - | -142.07M | -162.42M | -86.91M | -21.43M |
| Tax Provision | - | - | - | -6.41M | 991.00K | 1.03M | 1.94M |
| Net Income | -52.55M | -103.27M | - | -135.66M | -163.41M | -87.94M | -23.36M |
| Diluted EPS | - | - | - | -4.02 | -3.94 | -1.85 | -0.47 |
Compounded Sales Growth
| 5 Years: | 89.13% |
| 1 Year: | 43.30% |
Compounded Profit Growth
| 5 Years: | 27.59% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +128.30% |
| 6 Months: | +41.44% |
| 3 Months: | +9.98% |
| 1 Month: | +7.75% |
Balance Sheet (Annual)
Figures in USD.
| Metric | May 2018 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 51.98M | 146.71M | 240.86M | - | 352.91M | 646.62M | 670.75M | 842.81M |
| Current Assets | - | - | - | - | - | 190.22M | 387.54M | 392.79M | 549.68M |
| Cash & Equivalents | - | 51.96M | 11.97M | 142.09M | - | 28.00M | 286.33M | 222.50M | 296.68M |
| Inventory | - | - | - | - | - | 5.57M | 22.31M | 22.40M | 24.89M |
| Receivables | - | - | - | - | - | 23.99M | 67.97M | 78.29M | 123.33M |
| Total Liabilities | - | 2.45M | 16.36M | 68.77M | - | 210.87M | 397.95M | 445.11M | 528.12M |
| Current Liabilities | - | 2.45M | 13.08M | 18.46M | - | 64.73M | 87.06M | 126.55M | 205.80M |
| Long Term Debt | - | - | - | - | - | - | 306.42M | 308.08M | 309.80M |
| Total Debt | - | - | - | - | - | 2.19M | 308.14M | 317.76M | 319.45M |
| Total Equity | 0 | -17.31M | 130.35M | 172.09M | - | 142.04M | 248.67M | 225.64M | 314.69M |
| Shares Outstanding | - | - | - | - | - | 36.96M | 46.72M | 48.34M | 51.90M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -39.36M | -89.08M | - | -120.14M | -70.94M | 10.32M | 55.83M |
| Investing Cash Flow | -127.78M | 37.87M | - | 7.70M | -107.20M | -90.12M | -23.95M |
| Financing Cash Flow | 127.18M | 181.29M | - | 109.09M | 336.60M | 17.70M | 40.14M |
| Capital Expenditure | -281.00K | -225.00K | - | -278.00K | -20.11M | -20.99M | -954.00K |
| Free Cash Flow | -39.64M | -89.30M | - | -120.41M | -91.05M | -10.67M | 54.87M |
| Net Change in Cash | - | - | - | -3.35M | 158.46M | -62.10M | 72.02M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | 83.9% | 74.8% | 75.8% | 80.8% |
| Operating Margin % | - | - | - | -170.3% | -58.6% | -26.0% | -4.2% |
| Net Margin % | - | - | - | -176.0% | -87.7% | -26.1% | -4.5% |
| ROE % | -40.3% | -60.0% | - | -95.5% | -65.7% | -39.0% | -7.4% |
| ROCE % | -41.0% | -46.9% | - | -45.5% | -19.5% | -16.1% | -3.5% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Frazier Life Sciences Management, L.P. | 12.59% | 7.68M | $779.49M |
| 2 | Janus Henderson Group PLC | 11.39% | 6.95M | $705.00M |
| 3 | Blackrock Inc. | 6.31% | 3.85M | $390.42M |
| 4 | Vanguard Capital Management LLC | 3.96% | 2.41M | $245.10M |
| 5 | FMR, LLC | 3.22% | 1.97M | $199.49M |
| 6 | State Street Corporation | 3.19% | 1.94M | $197.34M |
| 7 | Price (T.Rowe) Associates Inc | 2.82% | 1.72M | $174.32M |
| 8 | BVF Inc. | 2.60% | 1.58M | $160.85M |
| 9 | Vanguard Portfolio Management LLC | 2.35% | 1.43M | $145.36M |
| 10 | Eventide Asset Management LLC | 2.31% | 1.41M | $143.00M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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