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Mirum Pharmaceuticals, Inc. (MIRM) 10-Year Financial Performance & Capital Metrics

MIRM • • Industrial / General
HealthcareBiotechnologyMetabolic & Liver DiseasesNASH & Liver Diseases
AboutMirum Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of novel therapies for debilitating rare and orphan diseases. The company's lead product candidate is LIVMARLI, an investigational oral drug for the treatment of progressive familial intrahepatic cholestasis disease, as well as for the treatment of Alagille syndrome and biliary atresia disease. It also develops Volixibat drug for treatment of intrahepatic cholestasis of pregnancy and primary sclerosing cholangitis. Mirum Pharmaceuticals, Inc. was incorporated in 2018 and is headquartered in Foster City, California.Show more
  • Revenue $337M +80.8%
  • EBITDA -$64M +34.9%
  • Net Income -$88M +46.2%
  • EPS (Diluted) -1.85 +53.8%
  • Gross Margin 75.77% +1.3%
  • EBITDA Margin -18.99% +64.0%
  • Operating Margin -26% +55.6%
  • Net Margin -26.1% +70.2%
  • ROE -37.08% +55.7%
  • ROIC -22.22% +47.5%
  • Debt/Equity 1.41 +13.6%
  • Interest Coverage -6.12 +15.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 89 (top 11%)
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗Shares diluted 16.2% in last year
  • ✗Expensive at 19.4x book value

* 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-
3Y160.13%
TTM53.66%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM58.5%

EPS CAGR

10Y-
5Y-
3Y-
TTM58.45%

ROCE

10Y Avg-41.08%
5Y Avg-44.38%
3Y Avg-30.07%
Latest-15.87%

Peer Comparison

NASH & Liver Diseases
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Growth
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Sector-Specific
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MAZEMaze Therapeutics, Inc.1.92B39.81511.7031.18%-33.24%3.91%0.14
GNFTGenfit S.A.313.52M6.27209134.56%-14.12%-31.42%4.54%0.90
GYREGyre Therapeutics, Inc.741.77M7.70154-6.78%6.2%4.84%0.02
TVRDTvardi Therapeutics, Inc.42.31M4.51-0.10-65.96%-317.54%-63.46%
UNCYUnicycive Therapeutics, Inc.134.75M6.27-1.12-100%-89.15%0.10
GLTOGalecto, Inc.38.32M23.95-1.29-237.68%0.00
IVAInventiva S.A.1.17B6.12-1.73-47.37%-13.75%
AKBAAkebia Therapeutics, Inc.355.59M1.34-4.06-17.7%-7.07%-38.24%

Profit & Loss

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+00019.14M77.06M186.37M336.89M
Revenue Growth %----3.03%1.42%0.81%
Cost of Goods Sold+0324K623K1.9M12.37M47.04M81.64M
COGS % of Revenue---0.1%0.16%0.25%0.24%
Gross Profit+0-324K-623K17.23M64.69M139.34M255.25M
Gross Margin %---0.9%0.84%0.75%0.76%
Gross Profit Growth %---0.92%28.66%2.75%1.15%0.83%
Operating Expenses+2.92M54.74M103.67M190.65M195.91M248.49M342.85M
OpEx % of Revenue---9.96%2.54%1.33%1.02%
Selling, General & Admin585K11.75M22.69M59.22M89.07M145.88M202.22M
SG&A % of Revenue---3.09%1.16%0.78%0.6%
Research & Development2.33M42.99M81.61M131.43M106.84M102.61M140.63M
R&D % of Revenue---6.87%1.39%0.55%0.42%
Other Operating Expenses0-21K-623K0000
Operating Income+-2.92M-54.74M-104.3M-173.41M-131.22M-109.15M-87.61M
Operating Margin %----9.06%-1.7%-0.59%-0.26%
Operating Income Growth %--17.77%-0.91%-0.66%0.24%0.17%0.2%
EBITDA+1.46M-54.42M-103.67M-172.44M-127.98M-98.33M-63.98M
EBITDA Margin %----9.01%-1.66%-0.53%-0.19%
EBITDA Growth %--38.32%-0.91%-0.66%0.26%0.23%0.35%
D&A (Non-Cash Add-back)4.37M324K623K975K3.24M10.83M23.63M
EBIT-17.33M-52.53M-102.93M-66.36M-126.09M-147.32M-72.6M
Net Interest Income+02.23M1.22M-17.22M-12.12M-1.37M-519K
Interest Income87K2.23M1.56M366K3.86M13.73M13.79M
Interest Expense00335K17.59M15.98M15.11M14.31M
Other Income/Expense-14.43M2.21M1.03M89.46M-10.85M-53.27M694K
Pretax Income+-17.35M-52.53M-103.26M-83.95M-142.07M-162.42M-86.91M
Pretax Margin %----4.39%-1.84%-0.87%-0.26%
Income Tax+021K6K37K-6.41M991K1.03M
Effective Tax Rate %1%1%1%1%0.95%1.01%1.01%
Net Income+-17.35M-52.55M-103.27M-83.99M-135.66M-163.41M-87.94M
Net Margin %----4.39%-1.76%-0.88%-0.26%
Net Income Growth %--2.03%-0.97%0.19%-0.62%-0.2%0.46%
Net Income (Continuing)-17.35M-52.55M-103.27M-83.99M-135.66M-163.41M-87.94M
Discontinued Operations0000000
Minority Interest0000000
EPS (Diluted)+-0.75-2.29-4.09-2.77-4.02-4.00-1.85
EPS Growth %--2.05%-0.79%0.32%-0.45%0%0.54%
EPS (Basic)-0.75-2.29-4.09-2.77-4.01-4.00-1.85
Diluted Shares Outstanding22.99M22.99M25.25M30.32M33.98M40.89M47.52M
Basic Shares Outstanding22.99M22.99M25.25M30.32M33.84M40.89M47.52M
Dividend Payout Ratio-------

Balance Sheet

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+51.98M119.36M236.35M166.59M190.22M387.54M392.79M
Cash & Short-Term Investments51.96M116.66M231.82M156.54M151.72M286.33M280.31M
Cash Only51.96M11.97M142.09M31.34M28M286.33M222.5M
Short-Term Investments0104.69M89.73M125.2M123.72M057.81M
Accounts Receivable0003.27M23.99M67.97M78.29M
Days Sales Outstanding---62.31113.65133.1184.82
Inventory0001.51M5.57M22.31M22.4M
Days Inventory Outstanding---290.2164.15173.13100.16
Other Current Assets12K0008.95M10.94M11.78M
Total Non-Current Assets+027.35M4.51M128.06M162.68M259.08M277.97M
Property, Plant & Equipment03.73M3.24M2.55M2.35M1.99M9.81M
Fixed Asset Turnover---7.51x32.86x93.66x34.33x
Goodwill0000000
Intangible Assets00018.74M58.95M252.93M249.82M
Long-Term Investments023.29M04.98M0012.53M
Other Non-Current Assets0324K1.27M101.79M101.38M4.17M5.81M
Total Assets+51.98M146.71M240.86M294.65M352.91M646.62M670.75M
Asset Turnover---0.06x0.22x0.29x0.50x
Asset Growth %-1.82%0.64%0.22%0.2%0.83%0.04%
Total Current Liabilities+2.45M13.08M18.46M42.6M64.73M87.06M126.55M
Accounts Payable269K3.35M3.15M9.17M8.69M7.42M14.62M
Days Payables Outstanding-3.78K1.85K1.76K256.3357.5465.35
Short-Term Debt0000000
Deferred Revenue (Current)0000000
Other Current Liabilities15K2.22M6.07M11.98M15.75M20.94M32.25M
Current Ratio21.22x9.13x12.80x3.91x2.94x4.45x3.10x
Quick Ratio21.22x9.13x12.80x3.88x2.85x4.19x2.93x
Cash Conversion Cycle----1.41K21.47248.7119.62
Total Non-Current Liabilities+59.85M3.29M50.31M131.84M146.14M310.89M318.56M
Long-Term Debt00000306.42M308.08M
Capital Lease Obligations03.25M2.63M1.9M1.26M617K7.97M
Deferred Tax Liabilities0000000
Other Non-Current Liabilities59.85M36K29K17K4.53M3.85M2.51M
Total Liabilities62.3M16.36M68.77M174.44M210.87M397.95M445.11M
Total Debt+03.65M3.26M2.61M2.19M308.14M317.76M
Net Debt-51.96M-8.32M-138.82M-28.73M-25.82M21.82M95.26M
Debt / Equity-0.03x0.02x0.02x0.02x1.24x1.41x
Debt / EBITDA-------
Net Debt / EBITDA-35.64x------
Interest Coverage---311.33x-9.86x-8.21x-7.23x-6.12x
Total Equity+-10.32M130.35M172.09M120.21M142.04M248.67M225.64M
Equity Growth %-13.63%0.32%-0.3%0.18%0.75%-0.09%
Book Value per Share-0.455.676.823.964.186.084.75
Total Shareholders' Equity-10.32M130.35M172.09M120.21M142.04M248.67M225.64M
Common Stock6.99M2K3K3K4K5K5K
Retained Earnings-17.35M-69.9M-173.17M-257.16M-392.82M-556.24M-644.18M
Treasury Stock66.81M000000
Accumulated OCI-66.84M129K83K-35K-217K1.64M-373K
Minority Interest0000000

Cash Flow

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-373K-39.36M-89.08M-132.76M-120.14M-70.94M10.32M
Operating CF Margin %----6.94%-1.56%-0.38%0.03%
Operating CF Growth %--104.53%-1.26%-0.49%0.1%0.41%1.15%
Net Income-17.35M-52.55M-103.27M-83.99M-135.66M-163.41M-87.94M
Depreciation & Amortization0324K623K975K3.68M10.83M23.63M
Stock-Based Compensation51K6.07M12.55M23.09M27.01M35.02M48.44M
Deferred Taxes0072K595K-6.58M00
Other Non-Cash Items12.09M-326K335K-90.41M12.47M69.26M3.6M
Working Capital Changes2.44M7.12M611K16.98M-21.05M-22.64M22.59M
Change in Receivables0000-20.73M-43.97M-11.43M
Change in Inventory000-495K-3.45M-4.39M-3.17M
Change in Payables2.45M10.06M3.68M22.66M7.64M30.78M40.31M
Cash from Investing+-7.5M-127.78M37.87M48.55M7.7M-107.2M-90.13M
Capital Expenditures-7.5M-281K-225K-19.02M-278K-109K-993K
CapEx % of Revenue---0.99%0%0%0%
Acquisitions-------
Investments-------
Other Investing-11.25M-127.5M38.1M127M7.98M-20M-20M
Cash from Financing+59.84M127.18M181.29M73.47M109.09M336.6M17.7M
Debt Issued (Net)-------
Equity Issued (Net)-------
Dividends Paid0000000
Share Repurchases-------
Other Financing0049.42M66.55M1.72M-185.39M0
Net Change in Cash-------
Free Cash Flow+-7.87M-39.64M-89.3M-151.78M-120.41M-91.05M9.33M
FCF Margin %----7.93%-1.56%-0.49%0.03%
FCF Growth %--4.04%-1.25%-0.7%0.21%0.24%1.1%
FCF per Share-0.34-1.72-3.54-5.01-3.54-2.230.20
FCF Conversion (FCF/Net Income)0.02x0.75x0.86x1.58x0.89x0.43x-0.12x
Interest Paid000006.82M12.65M
Taxes Paid021K11K00125K1M

Key Ratios

Metric2018201920202021202220232024
Return on Equity (ROE)--87.57%-68.29%-57.47%-103.46%-83.65%-37.08%
Return on Invested Capital (ROIC)--137.45%-100.74%-208.5%-94.76%-42.34%-22.22%
Gross Margin---90.06%83.94%74.76%75.77%
Net Margin----438.85%-176.05%-87.68%-26.1%
Debt / Equity-0.03x0.02x0.02x0.02x1.24x1.41x
Interest Coverage---311.33x-9.86x-8.21x-7.23x-6.12x
FCF Conversion0.02x0.75x0.86x1.58x0.89x0.43x-0.12x
Revenue Growth----302.66%141.85%80.76%

Revenue by Segment

2021202220232024
Product3.14M75.06M178.87M336.41M
Product Growth-2292.03%138.30%88.07%
License and Other Revenue---479K
License and Other Revenue Growth----
License Revenue--7.5M-
License Revenue Growth----
License16M2M--
License Growth--87.50%--

Revenue by Geography

2021202220232024
UNITED STATES--146.7M274.17M
UNITED STATES Growth---86.89%
the World---62.24M
the World Growth----
World--32.17M-
World Growth----

Frequently Asked Questions

Growth & Financials

Mirum Pharmaceuticals, Inc. (MIRM) reported $471.8M in revenue for fiscal year 2024.

Mirum Pharmaceuticals, Inc. (MIRM) grew revenue by 80.8% over the past year. This is strong growth.

Mirum Pharmaceuticals, Inc. (MIRM) reported a net loss of $41.4M for fiscal year 2024.

Dividend & Returns

Mirum Pharmaceuticals, Inc. (MIRM) has a return on equity (ROE) of -37.1%. Negative ROE indicates the company is unprofitable.

Mirum Pharmaceuticals, Inc. (MIRM) generated $44.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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