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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

Alnylam Pharmaceuticals, Inc. (ALNY) 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.

Alnylam Pharmaceuticals, Inc.'s quarterly P/E stands at 54.8x. EV/EBITDA has compressed 73.7% YoY to 74.3x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →127.0054.7872.5661.96———————38.50—
—————————————
P/S Ratio10.639.8012.3512.5413.6614.7312.7517.6511.679.5313.677.7518.57
—-33.5%-3.2%-29.0%+17.1%+54.5%-6.7%+127.8%-37.2%-51.0%-37.5%-66.5%-5.3%
P/B Ratio50.5042.5368.67267.77168.75303.33451.031093.10—————
—-86.0%-84.8%-75.5%—————————
P/FCF84.84234.9396.5950.0375.82——223.7566.29——16.99—
———-77.6%+14.4%——+1217.2%—————
EV / EBITDA70.1774.3392.6440.89—282.60——127.86——25.90—
—-73.7%———————————
EV / EBIT77.9674.33102.1455.102245.91———368.20——32.39—
————+510.0%————————

Profitability

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

Alnylam Pharmaceuticals, Inc.'s operating margin was 23.0% in Q1 2026, up 11.0 pp QoQ and up 20.0 pp YoY. The trailing four-quarter average of 15.6% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 7.0% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin81.8%81.9%75.6%84.2%81.5%88.0%82.7%82.9%89.6%86.7%80.5%88.8%73.2%
—-7.0%-8.6%+1.6%-9.0%+1.6%+2.7%-6.7%+22.4%+4.6%-5.0%+5.1%-10.5%
Operating Margin13.5%23.0%12.0%29.5%-2.1%3.0%-17.7%-15.4%7.4%-8.8%-26.5%28.5%-72.1%
—+656.5%+167.7%+291.9%-128.4%+134.6%+33.0%-153.9%+110.2%+81.3%+53.0%+129.2%+15.4%
Net Margin8.4%17.6%17.0%20.1%-8.6%-9.7%-14.1%-22.3%-2.6%-13.3%-31.4%19.7%-86.6%
—+282.4%+220.3%+190.3%-234.7%+27.5%+55.0%-213.1%+97.0%+75.5%+49.4%+112.8%+29.8%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE73.3%22.1%36.4%103.6%-36.2%-63.0%-168.5%-761.9%—————
—+135.1%+121.6%+113.6%—————————
ROA6.8%4.1%3.8%5.3%-1.5%-1.4%-2.0%-2.7%-0.4%-1.7%-3.6%4.1%-8.1%
—+400.1%+291.4%+296.3%-250.1%+21.1%+44.8%-166.6%+94.7%+65.7%+38.6%+134.5%+0.9%
ROIC33.4%38.5%42.7%28.6%-0.7%0.7%-4.5%-3.4%2.1%-1.9%-9.9%89.5%-54.1%
—+5093.2%+1048.8%+942.3%-131.7%+139.0%+54.6%-103.8%+103.8%+94.2%+83.2%+279.0%-173.6%

Leverage & Debt

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

Alnylam Pharmaceuticals, Inc.'s Debt/EBITDA ratio is 8.4x, down from 8.8x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has declined for 7 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity1.621.181.625.5910.9323.5840.8984.26—————
—-95.0%-96.0%-93.4%—————————
Debt / EBITDA2.298.368.803.43—83.81——42.57——5.76—
—-90.0%———————————
Current Ratio2.763.132.762.542.803.042.782.753.013.173.083.143.20
—+2.9%-0.6%-7.6%-6.8%-4.3%-9.9%-12.5%-6.1%-15.9%-12.1%-9.7%-14.8%
Quick Ratio2.713.062.712.492.752.982.712.692.933.072.993.043.07
—+2.9%-0.2%-7.2%-6.2%-3.1%-9.3%-11.7%-4.8%-14.1%-10.4%-8.7%-15.2%
Interest Coverage1.992.201.026.380.12-0.08-3.98-2.160.66-0.80-3.395.88-8.13
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

Full ALNY Stock Analysis

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ALNY — Frequently Asked Questions

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

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

Alnylam Pharmaceuticals, Inc.'s current P/E is 127.0x. The average P/E over the last 3 quarters is 63.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

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

Alnylam Pharmaceuticals, Inc.'s current operating margin is 13.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at ALNY 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 Alnylam Pharmaceuticals, Inc.'s business trajectory between earnings reports.

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