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Kiniksa Pharmaceuticals, Ltd. (KNSA) 10-Year Financial Performance & Capital Metrics

KNSA • • Industrial / General
HealthcareBiotechnologyAutoimmune & Inflammatory DiseasesDermatology & Autoimmune
AboutKiniksa Pharmaceuticals, Ltd., a biopharmaceutical company, focuses on discovering, acquiring, developing, and commercializing therapeutic medicines for patients suffering from debilitating diseases with significant unmet medical needs worldwide. Its product candidates include ARCALYST, an interleukin-1alpha and interleukin-1beta, for the treatment of recurrent pericarditis, which is an inflammatory cardiovascular disease; Mavrilimumab, a monoclonal antibody inhibitor that completed Phase II clinical trials for the treatment of giant cell arteritis; Vixarelimab, a monoclonal antibody, which is in Phase 2a clinical trial for the treatment of prurigo nodularis, a chronic inflammatory skin condition; and KPL-404, a monoclonal antibody inhibitor of the CD40- CD154 interaction, a T-cell co-stimulatory signal critical for B-cell maturation, immunoglobulin class switching, and type 1 immune response. Kiniksa Pharmaceuticals, Ltd. was incorporated in 2015 and is based in Hamilton, Bermuda.Show more
  • Revenue $423M +56.6%
  • EBITDA -$44M -92.2%
  • Net Income -$43M -406.7%
  • EPS (Diluted) -0.60 -400.0%
  • Gross Margin 85.61% +8.2%
  • EBITDA Margin -10.38% -22.7%
  • Operating Margin -10.78% -15.6%
  • Net Margin -10.21% -295.8%
  • ROE -9.85% -391.9%
  • ROIC -11.26% -85.4%
  • Debt/Equity 0.02 -19.5%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Good 3Y average ROE of 18.9%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y122.27%
TTM55.68%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM496.1%

EPS CAGR

10Y-
5Y-
3Y-
TTM433.33%

ROCE

10Y Avg-52.07%
5Y Avg-26.39%
3Y Avg-4.06%
Latest-9.68%

Peer Comparison

Dermatology & Autoimmune
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Profit & Loss

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+0000038.54M220.18M270.26M423.24M
Revenue Growth %------4.71%0.23%0.57%
Cost of Goods Sold+22K28K286K3.28M3.81M9.1M22.89M56.52M60.91M
COGS % of Revenue-----0.24%0.1%0.21%0.14%
Gross Profit+-22K-28K-286K-3.28M-3.81M29.44M197.28M213.74M362.33M
Gross Margin %-----0.76%0.9%0.79%0.86%
Gross Profit Growth %--0.27%-9.21%-10.47%-0.16%8.74%5.7%0.08%0.7%
Operating Expenses+24M65.4M108.16M166.68M153.56M186.08M187.51M238.93M407.94M
OpEx % of Revenue-----4.83%0.85%0.88%0.96%
Selling, General & Admin6.56M9.04M21.56M33.75M43.92M85.95M97.95M129.43M168.01M
SG&A % of Revenue-----2.23%0.44%0.48%0.4%
Research & Development17.44M56.36M86.6M132.93M109.64M99.3M65.49M76.1M111.62M
R&D % of Revenue-----2.58%0.3%0.28%0.26%
Other Operating Expenses00000835K24.07M33.41M128.31M
Operating Income+-24M-65.4M-108.16M-169.96M-157.36M-156.64M9.77M-25.2M-45.62M
Operating Margin %------4.06%0.04%-0.09%-0.11%
Operating Income Growth %--1.72%-0.65%-0.57%0.07%0%1.06%-3.58%-0.81%
EBITDA+-23.98M-65.37M-107.87M-166.68M-153.56M-154.28M12.18M-22.86M-43.92M
EBITDA Margin %------4%0.06%-0.08%-0.1%
EBITDA Growth %--1.73%-0.65%-0.55%0.08%-0%1.08%-2.88%-0.92%
D&A (Non-Cash Add-back)22K28K286K3.28M3.81M2.35M2.4M2.34M1.7M
EBIT-24M-65.4M-108.16M-163.91M-156.23M-156.64M9.77M-25.2M-45.62M
Net Interest Income+0006.05M1.13M97K1.25M8.54M9.46M
Interest Income65K529K4.72M6.05M1.13M97K1.25M8.54M9.46M
Interest Expense000000000
Other Income/Expense65K529K4.72M6.05M1.13M97K1.25M8.54M9.46M
Pretax Income+-23.94M-64.87M-103.44M-163.91M-156.23M-156.54M11.03M-16.65M-36.15M
Pretax Margin %------4.06%0.05%-0.06%-0.09%
Income Tax+36K2K-214K-2.05M5.15M1.39M-172.34M-30.74M7.04M
Effective Tax Rate %1%1%1%0.99%1.03%1.01%16.63%-0.85%1.19%
Net Income+-23.97M-64.87M-103.23M-161.87M-161.38M-157.92M183.36M14.08M-43.19M
Net Margin %------4.1%0.83%0.05%-0.1%
Net Income Growth %--1.71%-0.59%-0.57%0%0.02%2.16%-0.92%-4.07%
Net Income (Continuing)-23.97M-64.87M-103.23M-161.87M-161.38M-157.92M183.36M14.08M-43.19M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)+-0.74-2.00-3.49-2.99-2.61-2.302.600.20-0.60
EPS Growth %--1.7%-0.74%0.14%0.13%0.12%2.13%-0.92%-4%
EPS (Basic)-0.74-2.00-3.49-2.99-2.61-2.302.640.20-0.60
Diluted Shares Outstanding32.47M32.47M29.55M54.05M61.84M68.58M70.42M71.92M71.42M
Basic Shares Outstanding32.47M32.47M29.55M54.05M61.84M68.58M69.38M70.06M71.42M
Dividend Payout Ratio---------

Balance Sheet

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+56.33M47.1M313.75M241.63M333.25M196.45M243.06M276.3M331.8M
Cash & Short-Term Investments55.97M45.55M307.3M233.38M323.48M182.2M190.61M206.37M243.63M
Cash Only55.97M45.55M307.3M46.93M114.04M122.47M122.72M107.95M183.58M
Short-Term Investments000186.45M209.44M59.73M67.89M98.42M60.05M
Accounts Receivable000003.98M20.32M21.27M41.72M
Days Sales Outstanding-----37.7433.6828.7235.98
Inventory000003.67M21.6M31.12M26.36M
Days Inventory Outstanding-----147.4344.34200.97157.98
Other Current Assets105K105K6.45M0210K010.54M17.54M20.08M
Total Non-Current Assets+133K388K8.21M12.91M16.21M36.35M216.61M250.03M248.75M
Property, Plant & Equipment84K125K6.36M8.32M10.62M8.38M7.04M12.66M11.04M
Fixed Asset Turnover-----4.60x31.26x21.34x38.34x
Goodwill000000000
Intangible Assets0000019.25M18.25M17.25M16.25M
Long-Term Investments00210K000000
Other Non-Current Assets8K25K643K210K5.59M8.72M5.82M827K10.31M
Total Assets+56.47M47.49M321.96M254.53M349.46M232.8M459.67M526.32M580.55M
Asset Turnover-----0.17x0.48x0.51x0.73x
Asset Growth %--0.16%5.78%-0.21%0.37%-0.33%0.97%0.14%0.1%
Total Current Liabilities+2.3M17.43M42.55M27.83M31.85M44.82M47.07M63.67M100.62M
Accounts Payable212K1.22M10.92M5.69M503K1.87M7.9M8.25M2.04M
Days Payables Outstanding3.52K15.88K13.93K633.7148.2574.93125.9353.2512.22
Short-Term Debt000000000
Deferred Revenue (Current)0000000307K0
Other Current Liabilities1.1M14.64M25.96M7.11M7.74M1.54M16.97M36.91M96.59M
Current Ratio24.47x2.70x7.37x8.68x10.46x4.38x5.16x4.34x3.30x
Quick Ratio24.47x2.70x7.37x8.68x10.46x4.30x4.71x3.85x3.04x
Cash Conversion Cycle-----110.22252.09176.44181.75
Total Non-Current Liabilities+79.9M119.77M144K1.28M5.68M2.94M16.46M23.82M41.5M
Long-Term Debt000000000
Capital Lease Obligations000955K4.88M2.67M2.62M10.01M7.86M
Deferred Tax Liabilities001.22M000000
Other Non-Current Liabilities79.9M119.77M144K326K805K270K1.84M1.86M1.82M
Total Liabilities82.2M137.2M42.7M29.11M37.53M47.76M63.52M87.48M142.12M
Total Debt+0002.65M6.99M6.05M5.92M12.26M9.86M
Net Debt-55.97M-45.55M-307.3M-44.28M-107.05M-116.42M-116.8M-95.7M-173.73M
Debt / Equity---0.01x0.02x0.03x0.01x0.03x0.02x
Debt / EBITDA------0.49x--
Net Debt / EBITDA-------9.59x--
Interest Coverage---------
Total Equity+-25.73M-89.71M-194.22M225.42M311.94M185.04M396.15M438.84M438.44M
Equity Growth %--2.49%-1.17%2.16%0.38%-0.41%1.14%0.11%-0%
Book Value per Share-0.79-2.76-6.574.175.042.705.636.106.14
Total Shareholders' Equity-25.73M-89.71M-194.22M225.42M311.94M185.04M396.15M438.84M438.44M
Common Stock1K1K13K15K18K18K19K20K20K
Retained Earnings-26.13M-91M-194.22M-356.09M-517.47M-675.4M-492.03M-477.95M-521.14M
Treasury Stock000000000
Accumulated OCI-24K-52K-4K33K-34K-66K44K6K-163K
Minority Interest000000000

Cash Flow

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-21.87M-50.22M-81.01M-158.37M-136.53M-126.3M5.81M13.3M25.69M
Operating CF Margin %------3.28%0.03%0.05%0.06%
Operating CF Growth %--1.3%-0.61%-0.95%0.14%0.07%1.05%1.29%0.93%
Net Income-23.97M-64.87M-103.23M-161.87M-161.38M-157.92M183.36M14.08M-43.19M
Depreciation & Amortization22K28K286K2.07M2.4M2.35M2.4M2.34M1.7M
Stock-Based Compensation368K897K5.7M15.08M20.88M25.17M25.12M27.15M30.69M
Deferred Taxes-46K-197K-978K-3.16M4.36M11K-185.5M-33.79M8.13M
Other Non-Cash Items293K-53K-1.12M6.53M1.52M3.4M2.99M2.17M3.55M
Working Capital Changes1.76M13.93M18.33M-17.02M-4.32M689K-22.57M1.35M24.81M
Change in Receivables00000-3.91M-16.33M-950K-20.46M
Change in Inventory00000-3.67M-17.92M-9.52M4.76M
Change in Payables119K1.01M8.82M-4.71M-4.97M1.37M6.03M347K-6.31M
Cash from Investing+-3K-69K-239.2M49.21M-23.44M128.63M-8.08M-29.56M37.67M
Capital Expenditures-3K-69K-5.29M-3.2M-283K-415K-105K-130K-277K
CapEx % of Revenue-----0.01%0%0%0%
Acquisitions---------
Investments---------
Other Investing00-233.91M52.42M-23.16M-20M91K00
Cash from Financing+42.51M39.87M346.74M84.11M227.09M5.88M2.52M1.5M12.27M
Debt Issued (Net)---------
Equity Issued (Net)---------
Dividends Paid000000000
Share Repurchases---------
Other Financing10K0-3.28M1M-1.14M5.88M-901K3.7M17.25M
Net Change in Cash---------
Free Cash Flow+-21.87M-50.29M-86.3M-161.57M-136.81M-146.71M5.7M13.17M25.41M
FCF Margin %------3.81%0.03%0.05%0.06%
FCF Growth %--1.3%-0.72%-0.87%0.15%-0.07%1.04%1.31%0.93%
FCF per Share-0.67-1.55-2.92-2.99-2.21-2.140.080.180.36
FCF Conversion (FCF/Net Income)0.91x0.77x0.78x0.98x0.85x0.80x0.03x0.94x-0.59x
Interest Paid000000000
Taxes Paid115K290K383K1.72M482K1.28M10.69M5.61M2M

Key Ratios

Metric201620172018201920202021202220232024
Return on Equity (ROE)----1037.68%-60.06%-63.55%63.1%3.37%-9.85%
Return on Invested Capital (ROIC)----70.37%-61.15%-85.91%4.21%-6.07%-11.26%
Gross Margin-----76.39%89.6%79.09%85.61%
Net Margin------409.72%83.28%5.21%-10.21%
Debt / Equity---0.01x0.02x0.03x0.01x0.03x0.02x
FCF Conversion0.91x0.77x0.78x0.98x0.85x0.80x0.03x0.94x-0.59x
Revenue Growth------471.24%22.74%56.61%

Revenue by Segment

202220232024
Product122.52M233.18M417.03M
Product Growth-90.31%78.85%
Collaboration97.66M37.08M6.21M
Collaboration Growth--62.03%-83.25%

Frequently Asked Questions

Growth & Financials

Kiniksa Pharmaceuticals, Ltd. (KNSA) reported $598.0M in revenue for fiscal year 2024.

Kiniksa Pharmaceuticals, Ltd. (KNSA) grew revenue by 56.6% over the past year. This is strong growth.

Yes, Kiniksa Pharmaceuticals, Ltd. (KNSA) is profitable, generating $35.9M in net income for fiscal year 2024 (-10.2% net margin).

Dividend & Returns

Kiniksa Pharmaceuticals, Ltd. (KNSA) has a return on equity (ROE) of -9.8%. Negative ROE indicates the company is unprofitable.

Kiniksa Pharmaceuticals, Ltd. (KNSA) generated $101.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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