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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

ACADIA Pharmaceuticals Inc. (ACAD) Quarterly Financial Ratios

Last 48 quarters of trend data · Healthcare · Biotechnology

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

ACADIA Pharmaceuticals Inc.'s quarterly P/E stands at 278.3x, up 637.1% year-over-year — indicating the stock has re-rated higher or earnings have softened.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →9.85278.25—12.7033.7037.755.3319.2320.3146.2227.96—880.51
—+637.1%—-33.9%+65.9%-18.3%-80.9%—-97.7%————
P/S Ratio3.613.59—3.273.442.852.942.552.793.745.644.045.98
—+25.8%—+28.0%+23.2%-23.8%-47.9%-36.9%-53.3%-41.9%+19.4%-20.2%+41.3%
P/B Ratio3.153.08—3.974.423.644.174.435.236.6412.079.459.99
—-15.4%—-10.3%-15.3%-45.2%-65.5%-53.1%-47.7%-18.6%+87.5%+51.9%+90.7%
P/FCF36.7433.41—12.325.60—19.1110.1126.9926.4915.26—120.50
———+21.8%-79.3%—+25.2%—-77.6%————
EV / EBITDA26.91——22.2124.3629.494.3919.3619.5535.3934.73—203.19
———+14.7%+24.6%-16.7%-87.4%—-90.4%————
EV / EBIT35.66——19.2826.5734.0099.6419.3621.2048.2536.36—321.35
———-0.4%+25.4%-29.5%+174.1%—-93.4%————

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

ACADIA Pharmaceuticals Inc.'s operating margin was -1.7% in Q1 2026, down 7.8 pp QoQ and down 9.6 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 7.4% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin91.7%90.8%90.8%92.2%92.2%91.7%91.6%92.5%92.5%88.8%92.3%93.1%95.5%
—-1.0%-0.9%-0.3%-0.3%+3.2%-0.7%-0.7%-3.2%-9.9%-6.1%-5.4%-2.6%
Operating Margin9.8%-1.7%6.1%12.8%12.2%7.9%59.1%12.6%12.6%7.4%15.1%-27.3%1.8%
—-121.8%-89.6%+1.5%-2.7%+6.8%+291.0%+146.3%+584.4%+116.3%+144.8%-15.6%+107.3%
Net Margin36.5%1.4%96.3%25.8%10.1%7.8%55.4%13.1%13.8%8.0%19.8%-30.8%0.7%
—-82.5%+74.0%+96.9%-27.0%-3.4%+179.3%+142.5%+1946.8%+122.1%+164.8%-48.0%+102.7%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE39.9%0.3%25.5%8.3%3.4%2.5%21.9%6.0%6.8%3.7%11.5%-17.2%0.3%
—-88.4%+16.2%+37.8%-50.7%-31.4%+90.2%+134.8%+2253.6%+133.3%+214.2%-172.2%+103.7%
ROA28.4%0.2%18.9%5.6%2.3%1.6%13.3%3.5%3.8%2.1%6.6%-10.2%0.2%
—-86.0%+42.3%+62.1%-40.1%-20.7%+100.3%+133.9%+2099.6%+129.8%+194.6%-128.5%+103.1%
ROIC10.0%-0.5%1.4%4.0%4.0%2.7%24.6%5.5%6.4%3.7%8.4%-13.0%0.9%
—-116.6%-94.2%-26.7%-38.0%-26.5%+191.5%+142.1%+586.7%+122.5%+183.2%-94.1%+112.2%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

The current ratio has improved 24.6% YoY to 3.59x, strengthening the short-term liquidity position. Debt/Equity has declined for 5 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.040.030.040.060.070.070.070.090.110.130.130.160.15
—-57.3%-40.1%-30.1%-38.7%-43.1%-46.4%-45.8%-24.9%-20.6%-14.4%+6.6%+1.5%
Debt / EBITDA0.38—1.981.421.592.520.331.561.752.881.56—12.25
——+505.3%-9.2%-8.7%-12.4%-79.1%—-85.7%————
Current Ratio3.833.593.833.022.912.882.382.292.162.042.422.382.62
—+24.6%+61.3%+31.7%+34.9%+40.9%-1.9%-3.8%-17.7%-8.9%-40.1%-46.8%-42.1%
Quick Ratio3.713.483.712.942.832.802.322.111.951.862.282.282.57
—+24.3%+59.8%+38.9%+45.5%+51.1%+1.7%-7.4%-24.4%-16.2%-42.8%-48.4%-42.5%
Interest Coverage—————————————
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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ACAD — Frequently Asked Questions

Quick answers to the most common questions about buying ACAD stock.

What is ACADIA Pharmaceuticals Inc.'s quarterly P/E ratio trend?

ACADIA Pharmaceuticals Inc.'s current P/E is 9.9x. The average P/E over the last 3 quarters is 108.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do ACADIA Pharmaceuticals Inc.'s margins change by quarter?

ACADIA Pharmaceuticals Inc.'s current operating margin is 9.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at ACAD quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking ACADIA Pharmaceuticals Inc.'s business trajectory between earnings reports.

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