HALO · NasdaqGS
Halozyme Therapeutics, Inc.
Biotechnology · United States
- Market cap (USD)
- US$12.49B
- Trailing P/E
- 32.18x
- Forward P/E
- 10.59x
- Quarterly revenue growth
- 47.7%
- Trailing net margin
- 24.9%
- Indicated dividend yield
- —
Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-11-02 (provider estimate, not issuer-confirmed).
Company background
Halozyme Therapeutics, Inc., a biopharmaceutical company, researches, develops, and commercializes of proprietary enzymes and devices in the United States, Switzerland, Belgium, Japan, and internationally. The company's products are based on the patented recombinant human hyaluronidase enzyme (rHuPH20) that enables delivery of injectable biologics, such as monoclonal antibodies and other therapeutic molecules, as well as small molecules and fluids. It offers Hylenex recombinant, a formulation of rHuPH20 that facilitates subcutaneous (SC) administration to enhance the dispersion and absorption of other injected drugs in SC urography and to enhance resorption of radiopaque agents; and XYOSTED, an injection for SC administration of testosterone replacement therapy. The company also provides Herceptin (trastuzumab) under the brand name Herceptin Hylecta; and Phesgo to treat breast cancer; Mabthera SC for chronic lymphocytic leukemia treatment; Tecentriq SC for IV infusion; Ocrevus SC for multiple sclerosis; HYQVIA to treat primary immunodeficiency disorders; DARZALEX to treat amyloidosis, and smoldering and multiple myeloma; epinephrine Injection to treat allergic reactions; nivolumab and relatlimab to treat metastatic or unresectable melanoma; teriparatide injections; ARGX-113; and ARGX-117 to treat severe autoimmune diseases in multifocal motor neuropathy. It has collaborations and licensing agreements with F. Hoffmann-La Roche, Ltd. and Hoffmann-La Roche, Inc.; Takeda Pharmaceuticals International AG and Baxalta US Inc.; Pfizer Inc.; Janssen Biotech, Inc.; AbbVie, Inc.; Eli Lilly and Company; Bristol Myers Squibb Company; argenx BVBA; ViiV Healthcare; Chugai Pharmaceutical Co., Ltd.; Acumen Pharmaceuticals, Inc.; Merus N.V.; and Skye Bioscience, Inc. The company was founded in 1998 and is headquartered in San Diego, California.
Company websiteQ2 2026
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Comparable businesses
HALO peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
No suitable peers with fresh, comparable size data are available. We have not substituted unrelated companies.
| Metric | HALOHalozyme Therapeutics, Inc.Snapshot 2026-10-06Financial period: 2026-06-30 |
|---|---|
| Market capMarket value, converted to USD | US$12.49B |
| Forward P/EProvider forward earnings estimate | 10.59x |
| EV / EBITDAEnterprise value / trailing EBITDA | 13.55x |
| Revenue growthLatest quarter vs prior-year quarter | 47.7% |
| Operating marginLatest reported quarter | 59.8% |
| Free cash flow yieldTrailing cash flow / market cap | 2.7% |
| Net debt / EBITDANet debt / trailing EBITDA | 1.85x |
| Debt / equityTotal debt / positive book equity | 15.18x |
| Trailing P/ETrailing twelve-month earnings | 32.18x |
| Price / bookPrice / positive book equity per share | 87.41x |
| EV / salesEnterprise value / trailing revenue | 8.56x |
| Earnings growthLatest quarter vs prior-year quarter | 42.9% |
| Gross marginTrailing twelve months | 76.3% |
| Net marginTrailing twelve months | 24.9% |
| Return on equityProvider trailing return; positive equity only | 173.7% |
| Free cash flow marginTrailing free cash flow / revenue | 20.3% |
| Dividend yieldIndicated annual dividend / price | — |
| Earnings payoutProvider trailing dividend payout | 0.0% |
| Current ratioCurrent assets / current liabilities | 2.71x |
| BetaProvider historical market sensitivity | 0.88 |
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for HALO
Q2 20262026-08-07
Halozyme (HALO): 48% Growth, A 20% Pop - And A Patent That Expires In 2027
Presentation · 2026-08-07 · YouTube
Q1 20262026-05-12
HALO Stock: Revenue Up 7% — Q1 2026 Earnings Analysis
Presentation · 2026-05-12 · YouTube