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Rhythm Pharmaceuticals, Inc. RYTM R2K

Healthcare · Biotechnology · United States
https://rhythmtx.com

Rhythm Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the rare neuroendocrine diseases in the United States and internationally. The company's lead product candidate is IMCIVREE (setmelanotide), a rare melanocortin-4 receptor for the treatment of pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1, leptin receptor (LEPR) deficiency obesity, Bardet-Biedl and Alström syndrome, Prader-Willi syndrome, and hypothalamic obesity. It is in Phase 3 clinical trials for treating acquired hypothalamic obesity, congenital hypothalamic obesity, pro-opiomelanocortin (POMC) and LEPR insufficiency obesities, SRC1 deficiency obesity, and SH2B1 deficiency obesity; and in phase 2 clinical trails for the treatment of Prader-Willi syndrome and MC4R deficiency. The company is also developing bivamelagon, an investigational oral small molecule MC4R agonist that is in phase 2 clinical trial for the treatment of MC4R pathway diseases; and RM-718, a next generation MC4R peptide agonist that is in phase 1 clinical trial for the treatment of hypothalamic obesity. The company was formerly known as Rhythm Metabolic, Inc. and changed its name to Rhythm Pharmaceuticals, Inc. in October 2015. Rhythm Pharmaceuticals, Inc. was founded in 2008 and is headquartered in Boston, Massachusetts.

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$88.32
+44.01% 1Y

Market & Price

Market Cap
$6.05B
Current Price
$88.32
High / Low (52W)
$117.62 / $61.33
Beta
1.94

Valuation

Stock P/E
-
Industry PE
23.65
Forward P/E
-
PEG Ratio
-
Book Value
$2.07
Price to Book
42.69
P/S
27.87
EV/EBITDA
-30.28
Dividend Yield
-

Profitability & Returns

ROCE
-46.88%
ROE
-101.16%
ROA
-29.76%
Profit Margin
-93.33%
Op Margin
-87.11%
EPS (Latest Qtr)
$-0.83
EPS (TTM)
$-3.13

Balance Sheet & Liquidity

Debt/Equity
0.47
Quick Ratio
3.63
Current Ratio
4.17
Debt
$112.31M
Total Assets
$480.20M
Current Assets
$466.92M
Working Capital
$360.97M

Ownership

Promoter Holding
0.77%
Chg in Prom Hold
-
FII / Inst Holding
109.97%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$5.94B
Total Revenue (TTM)
$217.16M
EBITDA
$-196.17M
Free Cash Flow
$-150.68M
Operating Cash Flow
$-119.51M
Shares Outstanding
68.53M
Gross Margin
89.41%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
100.23%
Profit 5Y
-2.84%
Revenue (YoY)
83.80%
Earnings (YoY)
-

PROS

  • Compounding revenue at 100.2% over 5 years.

CONS

  • Earnings shrank at -2.8% CAGR over 5 years.
  • In a downtrend (50-DMA below 200-DMA).

* 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 RYTM Rhythm Pharmaceuticals, Inc. R2K 88.32 - $6.05B - -46.88% -101.16% 100.23% -2.84%
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 Sep 2016Mar 2017Jun 2017Sep 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -----------------------22.50M25.97M29.08M33.25M-32.70M48.50M51.30M57.25M60.11M
Cost of Revenue ----------------------------3.65M5.54M5.50M4.80M7.16M
Gross Profit ----------------------------29.06M42.96M45.80M52.45M52.95M
Operating Expenses ----------------------------76.06M88.25M98.45M99.51M105.32M
Operating Income -6.40M-6.39M-6.75M-8.29M-17.00M-15.02M-19.24M--30.52M-44.15M-37.11M--35.30M-31.92M-34.28M-34.40M-40.43M-44.24M-52.69M-45.10M-39.27M-52.53M-46.60M-43.95M-139.89M-40.48M-43.88M--47.00M-45.30M-52.65M-47.06M-52.36M
EBITDA -----------------------------43.63M-40.10M-47.75M-42.65M-50.26M
Interest Expense ----------------------------5.41M5.82M4.74M4.62M4.58M
Pretax Income -----------------------------49.42M-46.30M-52.79M-47.54M-55.09M
Tax Provision ----------------------------80.00K337.00K111.00K-31.00K545.00K
Net Income -----16.46M-14.41M-17.69M-25.51M-28.97M-42.80M-36.00M-32.96M-34.16M-31.12M-33.82M43.75M-35.39M-35.11M-52.76M-45.00M-40.86M-52.18M-46.70M-44.16M-141.37M-32.26M-43.64M--49.50M-46.63M-52.90M-47.51M-55.64M
Diluted EPS -------------0.78-0.71-0.90-0.70-0.70-1.05-0.89-0.79-0.92-0.82-0.76-2.35-0.55-0.73--0.81-0.75-0.82-0.73-0.83
R&D Expense 5.42M4.87M5.40M5.97M12.29M8.58M10.71M-22.76M35.31M26.57M-22.50M23.00M23.00M19.91M25.10M27.54M32.51M31.46M21.12M37.95M33.54M33.57M128.66M30.19M37.93M-36.97M42.31M46.03M-41.73M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue ------3.15M23.64M77.43M130.13M189.76M
Cost of Revenue -------2.13M9.30M13.37M19.49M
Gross Profit -------21.50M68.13M116.76M170.26M
Operating Expenses -------200.66M252.48M382.26M362.28M
Operating Income -10.57M-25.91M-32.41M-78.42M-146.00M-136.57M-170.06M-179.16M-184.36M-265.50M-192.02M
EBITDA --------174.25M-168.46M-238.09M-174.12M
Interest Expense -------5.20M13.89M20.60M20.58M
Pretax Income --------181.12M-184.11M-260.26M-196.04M
Tax Provision -------0564.00K346.00K497.00K
Net Income ---33.71M-74.06M-140.73M-134.00M-69.61M-181.12M-184.68M-260.60M-196.54M
Diluted EPS -----3.86-3.04-1.40-3.47-3.20-4.34-3.11
R&D Expense 7.15M19.59M22.89M50.34M109.45M90.45M104.13M108.63M134.95M237.96M167.34M

Compounded Sales Growth

5 Years:100.23%
1 Year:83.80%

Compounded Profit Growth

5 Years:-2.84%
1 Year:-

Stock Price Performance

1 Year:+44.01%
6 Months:-18.79%
3 Months:-4.76%
1 Month:+7.55%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --12.34M151.74M260.21M308.52M187.07M-382.48M332.75M392.27M480.20M
Current Assets --------354.24M308.27M374.20M466.92M
Cash & Equivalents 152.00K34.87M6.54M34.24M49.54M62.29M100.85M-127.68M60.08M89.14M54.30M
Inventory --------2.92M8.62M18.74M25.75M
Receivables --------6.22M14.87M18.51M26.08M
Total Liabilities --5.04M6.95M13.95M27.50M20.55M-118.22M162.99M227.72M210.17M
Current Liabilities --4.73M6.72M13.58M24.42M17.99M-39.81M55.20M115.52M105.94M
Long Term Debt ------------
Total Debt --------1.94M1.26M3.94M3.99M
Total Equity -358.00K-8.00M-32.70M144.79M246.26M281.02M166.53M-264.26M169.76M164.55M270.03M
Shares Outstanding --------56.61M59.43M62.39M67.21M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -6.98M-23.22M-29.46M-62.06M-122.75M-121.98M--173.43M-136.16M-113.88M-115.67M
Investing Cash Flow -17.00K-5.11M-110.04M-87.15M-27.97M158.53M-28.03M-5.67M-48.17M-137.15M
Financing Cash Flow 41.71M-167.20M164.69M163.47M2.01M-213.83M74.37M191.24M217.96M
Capital Expenditure -17.00K-1.06M-133.00K-722.00K-3.38M-214.00K-5.43M-4.28M-47.00K--953.00K
Free Cash Flow -6.99M-24.28M-29.59M-62.78M-126.14M-122.19M--177.71M-136.20M-113.88M-116.63M
Net Change in Cash -------68.43M-67.45M29.19M-34.87M

Ratios (Annual)

Figures in %.

Metric Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------91.0%88.0%89.7%89.7%
Operating Margin % -------5,391.9%-757.9%-238.1%-204.0%-101.2%
Net Margin % -------2,207.1%-766.2%-238.5%-200.3%-103.6%
ROE % ---23.3%-30.1%-50.1%-80.5%--68.5%-108.8%-158.4%-72.8%
ROCE % --340.5%-22.4%-31.8%-51.4%-80.8%--52.3%-66.4%-95.9%-51.3%

Shareholding Pattern

Insiders
0.77%
Institutions
109.97%
Public Float
110.82%

Top Institutional Holders

#Holder% HeldSharesValue
1 RA Capital Management, L.P. 9.73% 6.67M $588.82M
2 Blackrock Inc. 9.10% 6.24M $550.87M
3 Baker Bros. Advisors, LP 8.18% 5.60M $494.99M
4 Primecap Management Company 4.99% 3.42M $301.83M
5 Vanguard Portfolio Management LLC 4.44% 3.04M $268.56M
6 Vanguard Capital Management LLC 4.33% 2.97M $262.12M
7 Perceptive Advisors Llc 3.46% 2.37M $209.65M
8 State Street Corporation 3.31% 2.27M $200.65M
9 Goldman Sachs Group Inc 2.87% 1.97M $173.59M
10 Westfield Capital Management Co LP 2.81% 1.93M $170.38M

Analyst View

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