Arcutis Biotherapeutics, Inc. (ARQT) Valuation — DCF, Graham & Comparables

Arcutis Biotherapeutics, Inc. (ARQT) — Price $32.07 (closing price, October 30, 2026) — Healthcare — Biotechnology — NASDAQ

Latest reported results:

Valuation dashboard for Arcutis Biotherapeutics, Inc. (ARQT) with P/E 153.81, P/B 18.98, EV/EBITDA 94.7 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Healthcare companies.

Arcutis Biotherapeutics, Inc. is a biopharmaceutical firm dedicated to developing and marketing therapies for a range of skin-related diseases. The company's flagship investigational compound, ARQ-151, a roflumilast cream administered topically, has successfully concluded late-stage clinical development for treating both plaque psoriasis and atopic dermatitis. Beyond its lead asset, Arcutis's pipeline includes several other promising compounds.

Analysis Summary

Trailing-twelve-month margins: gross margin 91.1%, operating margin 7.4%, net margin 6.1%.

At $32.07 (closing price, October 30, 2026), ARQT trades at a P/E of 153.81 and an ROE of 15.05%. Market capitalisation stands at $4.0B.

Balance sheet quality for ARQT: debt-to-equity ratio of 0.52, current ratio of 2.92 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio153.81
Price / Book18.98
EV / EBITDA94.7
Dividend Yield0.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
ARQTArcutis Biotherapeutics, Inc.$4.0B153.8118.9815.1%
VRTXVertex Pharmaceuticals Incorporated$141.7B32.537.0123.3%
0QZU.LVertex Pharmaceuticals Incorporated$134.0B30.256.5723.3%
REGNRegeneron Pharmaceuticals, Inc.$95.5B20.502.8215.1%
MRNAModerna, Inc.$88.5B12.99-39.2%
0R2M.LRegeneron Pharmaceuticals, Inc.$86.5B19.222.6213.8%
ARGXargenx SE$56.1B42.446.7316.9%
0QNO.LLonza Group AGCHF 43.8B5.43-1.3%

Price

Price$32.07 (closing price, October 30, 2026)
Market Cap$4.0B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity15.05%
Return on Invested Capital9.95%
Return on Assets5.84%
Gross Margin91.14%
Operating Margin7.38%
Net Margin6.15%

Related companies: VRTX · 0QZU.L · REGN · MRNA · 0R2M.L · ARGX · 0QNO.L · RVMD

Explore sector: Healthcare · Biotechnology

More sections of ARQT: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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