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Keros Therapeutics, Inc. (KROS) 10-Year Financial Performance & Capital Metrics

KROS • • Industrial / General
HealthcareBiotechnologyMetabolic & Liver DiseasesObesity & Metabolic Disorders
AboutKeros Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of novel treatments for patients suffering from hematological and musculoskeletal disorders with high unmet medical need. The company's lead protein therapeutic product candidate is KER-050, which is being developed for the treatment of low blood cell counts, or cytopenias, including anemia and thrombocytopenia in patients with myelodysplastic syndromes, and in patients with myelofibrosis. It is also developing small molecule product candidate KER-047 that is being developed for the treatment of anemia, and is currently in Phase 1 clinical trial; and KER-012, which is in Phase 1 clinical trial to treat disorders associated with bone loss, such as osteoporosis and osteogenesis imperfecta, and for the treatment of pulmonary arterial hypertension. The company was incorporated in 2015 and is headquartered in Lexington, Massachusetts.Show more
  • Revenue $4M +2251.0%
  • EBITDA -$210M -23.9%
  • Net Income -$187M -22.5%
  • EPS (Diluted) -5.00 +3.8%
  • Gross Margin 100%
  • EBITDA Margin -5904.34% +94.7%
  • Operating Margin -5938.96% +94.7%
  • Net Margin -5277.55% +94.8%
  • ROE -41.46% +17.4%
  • ROIC -687.6% +26.8%
  • Debt/Equity 0.03 -24.1%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Trading at only 1.3x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Sales declining 18.7% over 5 years
  • ✗Shares diluted 27.1% in last year
  • ✗Low asset turnover indicates capital-intensive operations

* 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-18.71%
3Y-43.89%
TTM37798.31%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM135.5%

EPS CAGR

10Y-
5Y-
3Y-
TTM127.9%

ROCE

10Y Avg-43.36%
5Y Avg-39.73%
3Y Avg-47.2%
Latest-45.14%

Peer Comparison

Obesity & Metabolic Disorders
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BIOABioAge Labs, Inc.771.24M21.51-3.24-12.81%-27.32%0.03

Profit & Loss

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+10M10M020.1M0151K3.55M
Revenue Growth %-0%-1%--1%-22.51%
Cost of Goods Sold+10.11M17.35M605K0000
COGS % of Revenue1.01%1.73%-----
Gross Profit+-111K-7.35M-605K20.1M0151K3.55M
Gross Margin %-0.01%-0.73%-1%-1%1%
Gross Profit Growth %--65.2%0.92%34.22%-1%-22.51%
Operating Expenses+11.32M20M46.05M76.47M114.79M170.09M214.38M
OpEx % of Revenue1.13%2%-3.8%-1126.44%60.39%
Selling, General & Admin1.58M3.18M12.19M21.33M27.52M34.83M40.75M
SG&A % of Revenue0.16%0.32%-1.06%-230.69%11.48%
Research & Development10.11M17.38M33.86M55.14M87.27M135.26M173.63M
R&D % of Revenue1.01%1.74%-2.74%-895.75%48.91%
Other Operating Expenses237K-558K00000
Operating Income+-1.69M-10.56M-46.66M-56.37M-114.79M-169.94M-210.83M
Operating Margin %-0.17%-1.06%--2.8%--1125.44%-59.39%
Operating Income Growth %--5.25%-3.42%-0.21%-1.04%-0.48%-0.24%
EBITDA+-1.39M-10.13M-46.05M-55.99M-114.12M-169.13M-209.6M
EBITDA Margin %-0.14%-1.01%--2.79%--1120.04%-59.04%
EBITDA Growth %--6.3%-3.55%-0.22%-1.04%-0.48%-0.24%
D&A (Non-Cash Add-back)304K438K605K378K674K815K1.23M
EBIT-1.32M-12.33M-45.53M-56.73M-104.68M-152.99M-187.05M
Net Interest Income+6K-8K0-4K000
Interest Income6K06K01K00
Interest Expense08K6K4K1K00
Other Income/Expense613K-1.77M1.12M-360K10.11M16.95M23.78M
Pretax Income+-1.08M-12.34M-45.53M-56.73M-104.68M-152.99M-187.05M
Pretax Margin %-0.11%-1.23%--2.82%--1013.19%-52.69%
Income Tax+257K0-172K2.01M00300K
Effective Tax Rate %1.24%1%1%1.04%1%1%1%
Net Income+-1.33M-12.34M-45.36M-58.74M-104.68M-152.99M-187.35M
Net Margin %-0.13%-1.23%--2.92%--1013.19%-52.78%
Net Income Growth %--8.25%-2.67%-0.3%-0.78%-0.46%-0.22%
Net Income (Continuing)-1.33M-12.34M-45.36M-58.74M-104.68M-152.99M-187.35M
Discontinued Operations0000000
Minority Interest0000000
EPS (Diluted)+-0.15-1.39-2.93-2.52-4.15-5.20-5.00
EPS Growth %--8.27%-1.11%0.14%-0.65%-0.25%0.04%
EPS (Basic)-0.15-1.39-2.93-2.52-4.15-5.20-5.00
Diluted Shares Outstanding8.88M8.88M15.51M23.33M25.24M29.45M37.44M
Basic Shares Outstanding8.88M8.88M15.51M23.33M25.24M29.45M37.44M
Dividend Payout Ratio-------

Balance Sheet

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+25.53M8.93M267.73M251.44M285.77M347.29M588.89M
Cash & Short-Term Investments23.26M7.02M265.88M230.04M279.05M331.15M559.93M
Cash Only23.26M7.02M265.88M230.04M279.05M331.15M559.93M
Short-Term Investments0000000
Accounts Receivable0922K216K18.2M841K1.09M4.46M
Days Sales Outstanding-33.65-330.44-2.64K458.15
Inventory0000000
Days Inventory Outstanding-------
Other Current Assets84K819K160K210K276K1M1.48M
Total Non-Current Assets+1.88M2.03M1.72M3.81M21.01M22.73M26.99M
Property, Plant & Equipment1.38M1.91M1.6M2.4M17.57M19.47M23.49M
Fixed Asset Turnover7.25x5.23x-8.37x-0.01x0.15x
Goodwill0000000
Intangible Assets0000000
Long-Term Investments501K00001.21M1.45M
Other Non-Current Assets0115K115K1.41M3.44M2.05M2.06M
Total Assets+27.41M10.96M269.44M255.25M306.78M370.02M615.89M
Asset Turnover0.36x0.91x-0.08x-0.00x0.01x
Asset Growth %--0.6%23.6%-0.05%0.2%0.21%0.66%
Total Current Liabilities+11.47M4.49M7.18M11.85M16.55M24.37M27.45M
Accounts Payable501K2.09M2.15M3.65M3.34M5.45M4.6M
Days Payables Outstanding18.0943.931.3K----
Short-Term Debt0000000
Deferred Revenue (Current)1000K000000
Other Current Liabilities477K1.02M1.73M2.58M5.56M10.38M10.55M
Current Ratio2.23x1.99x37.27x21.23x17.27x14.25x21.45x
Quick Ratio2.23x1.99x37.27x21.23x17.27x14.25x21.45x
Cash Conversion Cycle-------
Total Non-Current Liabilities+3.19M5.97M538K231K12.81M13.44M16.88M
Long-Term Debt0000000
Capital Lease Obligations622K899K476K231K12.81M13.44M16.88M
Deferred Tax Liabilities0000000
Other Non-Current Liabilities2.56M5.08M62K0000
Total Liabilities14.65M10.46M7.72M12.08M29.36M37.81M44.33M
Total Debt+788K1.27M899K1.09M13.27M14.44M18.86M
Net Debt-22.47M-5.75M-264.98M-228.95M-265.78M-316.7M-541.07M
Debt / Equity0.06x2.58x0.00x0.00x0.05x0.04x0.03x
Debt / EBITDA-------
Net Debt / EBITDA-------
Interest Coverage--1320.38x-7776.17x-14093.25x-114790.00x--
Total Equity+12.76M495K261.72M243.17M277.42M332.21M571.55M
Equity Growth %--0.96%527.73%-0.07%0.14%0.2%0.72%
Book Value per Share1.440.0616.8810.4210.9911.2815.27
Total Shareholders' Equity12.76M495K261.72M243.17M277.42M332.21M571.55M
Common Stock1K1K2K2K2K3K4K
Retained Earnings-7.31M-19.65M-65.01M-123.75M-228.43M-381.43M-568.78M
Treasury Stock0000000
Accumulated OCI-246K000000
Minority Interest0000000

Cash Flow

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+7.04M-16M-36.89M-62.15M-70.06M-124.51M-160.87M
Operating CF Margin %0.7%-1.6%--3.09%--824.56%-45.32%
Operating CF Growth %--3.27%-1.31%-0.68%-0.13%-0.78%-0.29%
Net Income-1.33M-12.34M-45.36M-58.74M-104.68M-152.99M-187.35M
Depreciation & Amortization153K438K278K378K674K815K1.23M
Stock-Based Compensation81K04.1M11.72M18.68M28.76M34.87M
Deferred Taxes00046K000
Other Non-Cash Items194K2.62M1.82M520K953K1.56M1.82M
Working Capital Changes7.95M-6.72M2.27M-16.07M14.31M-2.65M-11.44M
Change in Receivables-370K-552K922K-18M18M-143K-2.6M
Change in Inventory00-922K1.04M0-4.5M0
Change in Payables-2K1.31M61K1.49M-408K1.61M-249K
Cash from Investing+-217K-271K-294K-1.02M-1.24M-2.46M-1.93M
Capital Expenditures-217K-271K-294K-1.02M-1.24M-2.46M-1.93M
CapEx % of Revenue0.02%0.03%-0.05%-16.32%0.54%
Acquisitions-------
Investments-------
Other Investing0000000
Cash from Financing+11.46M14K296.04M28.55M120.31M178.96M391.82M
Debt Issued (Net)-------
Equity Issued (Net)-------
Dividends Paid0000000
Share Repurchases-------
Other Financing-37K0-3.16M379K731K3.13M11.69M
Net Change in Cash-------
Free Cash Flow+6.83M-16.27M-37.19M-63.17M-71.3M-126.97M-162.8M
FCF Margin %0.68%-1.63%--3.14%--840.87%-45.86%
FCF Growth %--3.38%-1.29%-0.7%-0.13%-0.78%-0.28%
FCF per Share0.77-1.83-2.40-2.71-2.82-4.31-4.35
FCF Conversion (FCF/Net Income)-5.27x1.30x0.81x1.06x0.67x0.81x0.86x
Interest Paid0000000
Taxes Paid0000000

Key Ratios

Metric2018201920202021202220232024
Return on Equity (ROE)-10.46%-186.28%-34.6%-23.27%-40.22%-50.19%-41.46%
Return on Invested Capital (ROIC)----770.9%-665.68%-938.87%-687.6%
Gross Margin-1.11%-73.48%-100%-100%100%
Net Margin-13.35%-123.44%--292.26%--101319.21%-5277.55%
Debt / Equity0.06x2.58x0.00x0.00x0.05x0.04x0.03x
Interest Coverage--1320.38x-7776.17x-14093.25x-114790.00x--
FCF Conversion-5.27x1.30x0.81x1.06x0.67x0.81x0.86x
Revenue Growth-0%-100%--100%-2250.99%

Revenue by Segment

202120222024
License144M144M144M
License Growth-0.00%0.00%
Service--3M
Service Growth---

Frequently Asked Questions

Growth & Financials

Keros Therapeutics, Inc. (KROS) reported $246.7M in revenue for fiscal year 2024. This represents a 2367% increase from $10.0M in 2018.

Keros Therapeutics, Inc. (KROS) grew revenue by 2251.0% over the past year. This is strong growth.

Yes, Keros Therapeutics, Inc. (KROS) is profitable, generating $64.4M in net income for fiscal year 2024 (-5277.5% net margin).

Dividend & Returns

Keros Therapeutics, Inc. (KROS) has a return on equity (ROE) of -41.5%. Negative ROE indicates the company is unprofitable.

Keros Therapeutics, Inc. (KROS) generated $87.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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