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Seres Therapeutics, Inc. (MCRB) 10-Year Financial Performance & Capital Metrics

MCRB • • Industrial / General
HealthcareBiotechnologyInfectious DiseasesAntibiotics & Bacterial Infections
AboutSeres Therapeutics, Inc., a microbiome therapeutics platform company, engages in developing bacterial consortia that are designed to functionally interact with host cells and tissues to treat disease. The company's lead product candidate is the SER-109, an oral microbiome therapeutic candidate that has completed Phase III clinical trial for the treatment of clostridium difficile infection (CDI). It is also developing SER-155, a cultivated bacteria microbiome drug, which is Phase Ib clinical trial to reduce incidences of gastrointestinal infections, bloodstream infections, and graft versus host diseases in immunocompromised patients receiving allogeneic hematopoietic stem cell transplantation and solid organ transplants. In addition, the company engages in the development of SER-287 and SER-301 that are in Phase Ib to treat ulcerative colitis; SER-401 for patients with metastatic melanoma; and SER-262 to treat Clostridioides difficile infection. It has license and collaboration agreements with Nestec Ltd. and Memorial Sloan Kettering Cancer Center. The company was formerly known as Seres Health, Inc. and changed its name to Seres Therapeutics, Inc. in May 2015. Seres Therapeutics, Inc. was incorporated in 2010 and is headquartered in Cambridge, Massachusetts.Show more
  • Revenue $0
  • EBITDA -$116M +38.7%
  • Net Income $136K +100.1%
  • EPS (Diluted) -18.86 -6.2%
  • Gross Margin -
  • EBITDA Margin -
  • Operating Margin -
  • Net Margin -
  • ROE 0.99%
  • ROIC -180.9% +77.6%
  • Debt/Equity 6.65
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

  • ✗High debt to equity ratio of 6.6x
  • ✗Weak Piotroski F-Score: 2/9
  • ✗Shares diluted 21.4% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗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-
3Y-
TTM448.44%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM121.17%

EPS CAGR

10Y-
5Y-
3Y-
TTM102.55%

ROCE

10Y Avg-57.18%
5Y Avg-55.62%
3Y Avg-69.81%
Latest-67.67%

Peer Comparison

Antibiotics & Bacterial Infections
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
PLRZPolyrizon Ltd.16.19M15.5431.08-5.21%
TOVXTheriva Biologics, Inc.7.49M0.21-0.01-388.69%0.08
CTXRCitius Pharmaceuticals, Inc.17.79M0.86-0.14-258.23%-59.6%0.00
ACXPAcurx Pharmaceuticals, Inc.6.32M2.69-0.15-0.25%
ITRMIterum Therapeutics plc17.16M0.32-0.26-69.13%
ANTXAN2 Therapeutics, Inc.34.25M1.25-0.73-56.29%
MCRBSeres Therapeutics, Inc.137.33M15.18-0.8015.37%12.34%6.65
PYPDPolyPid Ltd.73.03M4.39-0.89-10.39%1.25

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+021.77M32.1M28.27M34.51M33.22M144.93M000
Revenue Growth %--0.47%-0.12%0.22%-0.04%3.36%-1%--
Cost of Goods Sold+728K81.99M89.45M95.95M090.57M0003.53M
COGS % of Revenue-3.77%2.79%3.39%-2.73%----
Gross Profit+-728K-60.22M-57.35M-67.69M34.51M-57.35M144.93M00-3.53M
Gross Margin %--2.77%-1.79%-2.39%1%-1.73%1%---
Gross Profit Growth %0.93%-81.72%0.05%-0.18%1.51%-2.66%3.53%-1%--
Operating Expenses+54.86M114.61M123.5M128.55M106.38M30.77M209.42M179.91M195.1M117.78M
OpEx % of Revenue-5.27%3.85%4.55%3.08%0.93%1.45%---
Selling, General & Admin16.76M32.62M34.04M32.6M24.75M30.77M69.26M70.26M77.5M53.18M
SG&A % of Revenue-1.5%1.06%1.15%0.72%0.93%0.48%---
Research & Development38.09M81.99M89.45M95.95M80.14M90.57M141.89M109.65M117.6M64.6M
R&D % of Revenue-3.77%2.79%3.39%2.32%2.73%0.98%---
Other Operating Expenses00425K170K1.49M-90.57M-1.73M000
Operating Income+-54.86M-92.84M-91.39M-100.28M-71.88M-88.13M-64.49M-179.91M-195.1M-121.31M
Operating Margin %--4.27%-2.85%-3.55%-2.08%-2.65%-0.45%---
Operating Income Growth %-2.64%-0.69%0.02%-0.1%0.28%-0.23%0.27%-1.79%-0.08%0.38%
EBITDA+-54.13M-88.63M-84.14M-92.42M-64.27M-79.24M-58.55M-173.28M-188.85M-115.85M
EBITDA Margin %--4.07%-2.62%-3.27%-1.86%-2.39%-0.4%---
EBITDA Growth %-2.63%-0.64%0.05%-0.1%0.3%-0.23%0.26%-1.96%-0.09%0.39%
D&A (Non-Cash Add-back)728K4.21M7.26M7.86M7.6M8.89M5.95M6.63M6.24M5.47M
EBIT-54.86M-92.84M-89.38M-98.94M-69.78M-86.2M-62.67M-177.56M-187.66M-125.77M
Net Interest Income+83K1.26M1.59M1.17M531K-1.98M-40K-2.96M-5.88M3.97M
Interest Income638K2.23M001.03M946K2.87M3.06M7.3M3.97M
Interest Expense555K969K1.59M1.17M502K2.92M2.91M6.02M13.18M0
Other Income/Expense76K1.26M2.02M1.34M1.6M-997K-1.08M-3.67M4.97M-4.46M
Pretax Income+-54.78M-91.58M-89.38M-98.94M-70.28M-89.13M-65.58M-183.58M-190.13M-125.77M
Pretax Margin %--4.21%-2.78%-3.5%-2.04%-2.68%-0.45%---
Income Tax+0000000000
Effective Tax Rate %1%1%1%1%1%1%1%1.36%0.6%-0%
Net Income+-54.78M-91.58M-89.38M-98.94M-70.28M-89.13M-65.58M-250.16M-113.72M136K
Net Margin %--4.21%-2.78%-3.5%-2.04%-2.68%-0.45%---
Net Income Growth %-2.28%-0.67%0.02%-0.11%0.29%-0.27%0.26%-2.81%0.55%1%
Net Income (Continuing)-54.78M-91.58M-89.38M-98.94M-70.28M-89.13M-65.58M-183.58M-190.13M-125.77M
Discontinued Operations0000000-66.58M76.41M125.91M
Minority Interest0000000000
EPS (Diluted)+-46.60-46.00-44.19-48.57-24.81-22.34-14.30-46.29-17.77-18.86
EPS Growth %-4.04%0.01%0.04%-0.1%0.49%0.1%0.36%-2.24%0.62%-0.06%
EPS (Basic)-46.60-46.00-44.19-48.57-24.81-22.34-14.30-46.29-17.77-18.86
Diluted Shares Outstanding1.18M1.99M2.02M2.04M2.83M3.99M4.59M5.4M6.4M7.77M
Basic Shares Outstanding1.18M1.99M2.02M2.04M2.83M3.99M4.59M5.4M6.4M7.77M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+207.61M198.37M155.08M92.67M100.19M268.78M303.63M194.76M175.41M38.67M
Cash & Short-Term Investments205.08M193.24M149.98M85.82M94.82M253.62M290.71M181.34M127.97M30.79M
Cash Only73.93M54.54M36.09M85.82M65.13M116.05M180M163.03M127.97M30.79M
Short-Term Investments131.15M138.7M113.89M029.69M137.57M110.7M18.31M00
Accounts Receivable00001.78M9.39M0004.75M
Days Sales Outstanding----18.88103.15----
Inventory0000000029.65M0
Days Inventory Outstanding----------
Other Current Assets0006.84M00013.42M17.8M3.13M
Total Non-Current Assets+9.29M74.28M34.44M27.81M32.25M74.16M51.23M154.02M183.19M101.14M
Property, Plant & Equipment7.75M36.13M32.93M26.29M30.85M22.94M36.15M133.97M108.03M92.44M
Fixed Asset Turnover-0.60x0.97x1.08x1.12x1.45x4.01x---
Goodwill0000000000
Intangible Assets0000000000
Long-Term Investments036.75M1.51M1.4M049.83M495K9.59M00
Other Non-Current Assets1.54M1.4M0113K1.4M1.4M14.59M10.46M75.16M8.7M
Total Assets+216.9M272.65M189.52M120.47M132.44M342.94M354.86M348.78M358.6M139.81M
Asset Turnover-0.08x0.17x0.23x0.26x0.10x0.41x---
Asset Growth %0.85%0.26%-0.3%-0.36%0.1%1.59%0.03%-0.02%0.03%-0.61%
Total Current Liabilities+10.92M30.46M31.63M42.04M45.99M46.41M82.26M85.6M98.66M41.22M
Accounts Payable5.4M7.59M7.03M6.42M4.86M4.02M13.73M17.44M3.64M4.08M
Days Payables Outstanding2.71K33.7828.724.4-16.19---421.53
Short-Term Debt00000454K0456K00
Deferred Revenue (Current)01000K1000K1000K1000K1000K1000K1000K1000K0
Other Current Liabilities00000021.1M34.77M59.19M0
Current Ratio19.01x6.51x4.90x2.20x2.18x5.79x3.69x2.28x1.78x0.94x
Quick Ratio19.01x6.51x4.90x2.20x2.18x5.79x3.69x2.28x1.48x0.94x
Cash Conversion Cycle----------
Total Non-Current Liabilities+586K109.56M97.2M126.48M134.77M121.78M141.09M252.41M304.8M84.8M
Long-Term Debt000024.65M24.64M24.64M50.59M101.54M0
Capital Lease Obligations000015.68M10.56M17.96M107.94M91.65M82.97M
Deferred Tax Liabilities0-10.73M-6.76M-5.03M000000
Other Non-Current Liabilities586K12.8M12.35M9.64M502K1M11.49M1.44M16.24M1.84M
Total Liabilities11.51M140.01M128.82M168.52M180.76M168.19M223.35M338M403.46M126.03M
Total Debt+010.73M8.99M7.25M44.78M40.77M49.21M162.59M198.78M91.64M
Net Debt-73.93M-43.81M-27.1M-78.57M-20.35M-75.28M-130.79M-440K70.82M60.85M
Debt / Equity-0.08x0.15x--0.23x0.37x15.08x-6.65x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-98.84x-95.81x-57.48x-85.57x-143.18x-30.14x-22.16x-29.89x-14.81x-
Total Equity+205.39M132.63M60.7M-48.05M-48.32M174.75M131.51M10.78M-44.86M13.78M
Equity Growth %8.69%-0.35%-0.54%-1.79%-0.01%4.62%-0.25%-0.92%-5.16%1.31%
Book Value per Share174.5666.5730.01-23.58-17.0643.8028.682.00-7.011.77
Total Shareholders' Equity205.39M132.63M60.7M-48.05M-48.32M174.75M131.51M10.78M-44.86M13.78M
Common Stock39K40K40K41K70K91K92K125K135K173K
Retained Earnings-82.61M-174.19M-263.57M-389.37M-459.65M-548.78M-614.35M-864.51M-978.24M-978.1M
Treasury Stock0000000000
Accumulated OCI30K-149K-146K-20.3M0-47K-60K-12K00
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-40.84M43.92M-75.52M-62.85M-76.52M-93.61M6.69M-228.82M-117.35M-148.61M
Operating CF Margin %-2.02%-2.35%-2.22%-2.22%-2.82%0.05%---
Operating CF Growth %-2.94%2.08%-2.72%0.17%-0.22%-0.22%1.07%-35.21%0.49%-0.27%
Net Income-54.78M-91.58M-89.38M-98.94M-70.28M-89.13M-65.58M-250.16M-113.72M136K
Depreciation & Amortization728K4.21M7.26M7.86M7.6M6.58M5.95M6.63M6.24M5.47M
Stock-Based Compensation9.69M16.86M17.36M16.64M8.34M8.82M20.22M25.48M34.1M20.97M
Deferred Taxes7K000103K00000
Other Non-Cash Items367K-386K-213K-214K2.34M3.31M4.57M7.62M15M-109.67M
Working Capital Changes3.14M114.82M-10.55M11.8M-24.63M-23.2M41.53M-18.39M-58.98M-65.51M
Change in Receivables0000-1.78M-7.6M9.39M0-8.67M-2.07M
Change in Inventory0000-3.86M-2.87M00-29.65M-33.8M
Change in Payables2.68M3.58M-856K-353K-1.46M-1.16M9.36M2.2M-11.58M-2.94M
Cash from Investing+-137.13M-65.45M56.99M112.32M-30.52M-158.89M64.09M82.43M10.58M142.29M
Capital Expenditures-4.36M-21.49M-4.68M-1.94M-1M-591K-9.57M-9.82M-7.97M-380K
CapEx % of Revenue-0.99%0.15%0.07%0.03%0.02%0.07%---
Acquisitions----------
Investments----------
Other Investing-1.4M139K-113K114.25M-29.52M-19.9M092.25M0-13.52M
Cash from Financing+137.72M2.14M83K268K86.23M303.42M1.18M129.6M71.7M-90.37M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing-2.67M2.14M116K404K16K14.88M2.13M2.73M3.03M14M
Net Change in Cash----------
Free Cash Flow+-45.21M22.43M-80.2M-64.79M-77.52M-94.2M-2.88M-238.64M-125.33M-148.99M
FCF Margin %-1.03%-2.5%-2.29%-2.25%-2.84%-0.02%---
FCF Growth %-2.98%1.5%-4.58%0.19%-0.2%-0.22%0.97%-81.92%0.47%-0.19%
FCF per Share-38.4211.26-39.65-31.80-27.37-23.61-0.63-44.16-19.58-19.17
FCF Conversion (FCF/Net Income)0.75x-0.48x0.84x0.64x1.09x1.05x-0.10x0.91x1.03x-1092.71x
Interest Paid0000002.45M000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-61.32%-54.18%-92.46%-1563.81%--140.99%-42.83%-351.62%-0.99%
Return on Invested Capital (ROIC)--63.22%-111.98%---429.2%-96.56%-2440.28%-806.07%-180.9%
Gross Margin--276.68%-178.68%-239.46%100%-172.68%100%---
Net Margin--420.74%-278.44%-350.03%-203.68%-268.33%-45.25%---
Debt / Equity-0.08x0.15x--0.23x0.37x15.08x-6.65x
Interest Coverage-98.84x-95.81x-57.48x-85.57x-143.18x-30.14x-22.16x-29.89x-14.81x-
FCF Conversion0.75x-0.48x0.84x0.64x1.09x1.05x-0.10x0.91x1.03x-1092.71x
Revenue Growth--47.48%-11.94%22.07%-3.74%336.33%-100%--

Revenue by Segment

20182019
License And Service26.92M27.19M
License And Service Growth-1.01%

Frequently Asked Questions

Growth & Financials

Seres Therapeutics, Inc. (MCRB) reported $0.4M in revenue for fiscal year 2024.

Seres Therapeutics, Inc. (MCRB) grew revenue by 0.0% over the past year. Growth has been modest.

Yes, Seres Therapeutics, Inc. (MCRB) is profitable, generating $5.4M in net income for fiscal year 2024 (1536.8% net margin).

Dividend & Returns

Seres Therapeutics, Inc. (MCRB) has a return on equity (ROE) of 1.0%. This is below average, suggesting room for improvement.

Seres Therapeutics, Inc. (MCRB) had negative free cash flow of $23.4M in fiscal year 2024, likely due to heavy capital investments.

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