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Annual data and sources

ADC Therapeutics SA (ADCT) · NYSE · USD · Sector unavailable · CIK 0001771910

Annual coverage: 2022-12-31–2025-12-31 (4 periods). Financial snapshot built 2026-10-09.

ADCT annual financial history

All stored annual observations, independent of the chart window. Per-share amounts in USD. Unavailable values are not zero.

See the calculation and limitations.

Annual EPS, cash flow, dividends, and fiscal-year dividend yield for ADC Therapeutics SA
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
-1.12-1.12-1.11UnavailableUnavailableBasic EPS (2026-03-10)
Diluted EPS (2026-03-10)
Operating cash flow (2026-03-10) · Capex (2026-03-10)
2024
2024-12-31
-1.62-1.62-1.28UnavailableUnavailableBasic EPS (2026-03-10)
Diluted EPS (2026-03-10)
Operating cash flow (2026-03-10) · Capex (2026-03-10)
2023
2023-12-31
-2.94-2.94-1.49UnavailableUnavailableBasic EPS (2025-03-27)
Diluted EPS (2025-03-27)
Operating cash flow (2025-03-27) · Capex (2025-03-27)
2022
2022-12-31
-2.01-2.01-1.78UnavailableUnavailableBasic EPS (2024-03-13)
Diluted EPS (2024-03-13)
Operating cash flow (2024-03-13) · Capex (2024-03-13)

Annual per-share context (USD/share)

Complete annual history, independent of chart loading and range. Revenue/share is annual revenue per average diluted share. Debt/share is borrowings per year-end common share, excluding leases. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue / shareTotal debt / shareInputs & filing sources
2025-12-310.64Unavailable
Inputs & filings

revenue: 81357000; averageDilutedShares: 127067540; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 125748762

revenue (2026-03-10)
averageDilutedShares (2026-03-10)
periodEndShares (2026-03-10)
2024-12-310.73Unavailable
Inputs & filings

revenue: 70837000; averageDilutedShares: 97159966; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 98861402

revenue (2026-03-10)
averageDilutedShares (2026-03-10)
periodEndShares (2026-03-10)
2023-12-310.85Unavailable
Inputs & filings

revenue: 69558000; averageDilutedShares: 81712166; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 82293137

revenue (2025-03-27)
averageDilutedShares (2025-03-27)
periodEndShares (2025-03-27)
2022-12-312.69Unavailable
Inputs & filings

revenue: 209908000; averageDilutedShares: 78152964; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 80642527

revenue (2024-03-13)
averageDilutedShares (2024-03-13)
periodEndShares (2024-03-13)

Annual returns and cash generation (%)

Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.

Fiscal endFCF margin (%)FCF / net income (%)ROCE (%)Inputs & filing sources
2025-12-31-173.85Unavailable-49.14
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-141438000,"capex":{"accession":"0001628280-26-016491","end":"2025-12-31","filed":"2026-03-10","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-26-016491","end":"2025-12-31","filed":"2026-03-10","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":81357000,"tag":"Revenues","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"netIncome":{"value":-142623000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"operatingIncome":{"value":-121499000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"openingAssets":{"value":321980000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"openingCurrentLiabilities":{"value":80469000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"openingCapitalEmployed":{"value":241511000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-202642000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"openingTotalEquity":{"value":-202642000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":524622000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"openingCash":{"value":250867000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":323150000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"closingCurrentLiabilities":{"value":70163000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"closingCapitalEmployed":{"value":252987000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-185834000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"closingTotalEquity":{"value":-185834000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":508984000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"closingCash":{"value":261338000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2025-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-142623000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":1015000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"pretaxIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":247249000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -173.84859323721375; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -49.140340304713064

fcfMargin component 1 (2026-03-10) · fcfMargin component 2 (2026-03-10) · fcfMargin component 3 (2026-03-10)
cashConversion component 1 (2026-03-10) · cashConversion component 2 (2026-03-10) · cashConversion component 3 (2026-03-10)
roce component 1 (2026-03-10) · roce component 2 (2026-03-10) · roce component 3 (2026-03-10) · roce component 4 (2026-03-10) · roce component 5 (2026-03-10)
2024-12-31-176.04Unavailable-49.43
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-124702000,"capex":{"accession":"0001628280-26-016491","end":"2024-12-31","filed":"2026-03-10","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-26-016491","end":"2024-12-31","filed":"2026-03-10","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":70837000,"tag":"Revenues","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"netIncome":{"value":-157846000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"operatingIncome":{"value":-130654000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"openingAssets":{"value":354782000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"openingCurrentLiabilities":{"value":67670000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"openingCapitalEmployed":{"value":287112000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-148249000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":503031000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"openingCash":{"value":278598000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":321980000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"closingCurrentLiabilities":{"value":80469000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"closingCapitalEmployed":{"value":241511000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-202642000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"closingTotalEquity":{"value":-202642000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":524622000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"closingCash":{"value":250867000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-157846000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":166000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"pretaxIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":264311500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -176.04076965427674; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -49.43182570565413

fcfMargin component 1 (2026-03-10) · fcfMargin component 2 (2026-03-10) · fcfMargin component 3 (2026-03-10)
cashConversion component 1 (2026-03-10) · cashConversion component 2 (2026-03-10) · cashConversion component 3 (2026-03-10)
roce component 1 (2026-03-10) · roce component 2 (2025-03-27) · roce component 3 (2025-03-27) · roce component 4 (2026-03-10) · roce component 5 (2026-03-10)
2023-12-31-175.25Unavailable-47.69
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-121902000,"capex":{"accession":"0001628280-25-015131","end":"2023-12-31","filed":"2025-03-27","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-25-015131","end":"2023-12-31","filed":"2025-03-27","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":69558000,"tag":"Revenues","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"netIncome":{"value":-240053000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"operatingIncome":{"value":-165986000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"openingAssets":{"value":490859000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"openingCurrentLiabilities":{"value":81939000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"openingCapitalEmployed":{"value":408920000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":79451000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":411408000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"openingCash":{"value":326441000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":354782000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"closingCurrentLiabilities":{"value":67670000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"closingCapitalEmployed":{"value":287112000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-148249000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-03-10","accession":"0001628280-26-016491","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":503031000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"closingCash":{"value":278598000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-240053000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":39106000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"pretaxIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":348016000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -175.25230742689556; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -47.69493356627281

fcfMargin component 1 (2025-03-27) · fcfMargin component 2 (2025-03-27) · fcfMargin component 3 (2025-03-27)
cashConversion component 1 (2025-03-27) · cashConversion component 2 (2025-03-27) · cashConversion component 3 (2025-03-27)
roce component 1 (2025-03-27) · roce component 2 (2024-03-13) · roce component 3 (2024-03-13) · roce component 4 (2025-03-27) · roce component 5 (2025-03-27)
2022-12-31-66.22UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-138998000,"capex":{"accession":"0001628280-24-010843","end":"2022-12-31","filed":"2024-03-13","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-24-010843","end":"2022-12-31","filed":"2024-03-13","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":209908000,"tag":"Revenues","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"netIncome":{"value":-157128000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"operatingIncome":{"value":-123344000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2021-12-31"},"openingParentEquity":{"value":154026000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":490859000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"closingCurrentLiabilities":{"value":81939000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"closingCapitalEmployed":{"value":408920000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":79451000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-03-27","accession":"0001628280-25-015131","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":411408000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"closingCash":{"value":326441000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-157128000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":227000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-03-13","accession":"0001628280-24-010843","form":"10-K"},"pretaxIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Matching annual income-tax expense or supported pretax income unavailable"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -66.21853383387007; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2021-12-31

fcfMargin component 1 (2024-03-13) · fcfMargin component 2 (2024-03-13) · fcfMargin component 3 (2024-03-13)
cashConversion component 1 (2024-03-13) · cashConversion component 2 (2024-03-13) · cashConversion component 3 (2024-03-13)
roce component 1 (2024-03-13) · roce component 2 (2024-03-13) · roce component 3 (2024-03-13)

Annual operating facts

Complete annual history, independent of chart loading and range. Operating margin is operating profit as a percentage of revenue; net margin is consolidated net profit as a percentage of revenue. Negative margins show losses. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue (USD)Operating margin (%)Net margin (%)Inputs & filing sources
2025-12-3181,357,000.00-149.34-175.31
Inputs & filings

revenue: 81357000; operatingIncome: -121499000; netIncome: -142623000

revenue (2026-03-10)
operatingIncome (2026-03-10)
netIncome (2026-03-10)
2024-12-3170,837,000.00-184.44-222.83
Inputs & filings

revenue: 70837000; operatingIncome: -130654000; netIncome: -157846000

revenue (2026-03-10)
operatingIncome (2026-03-10)
netIncome (2026-03-10)
2023-12-3169,558,000.00-238.63-345.11
Inputs & filings

revenue: 69558000; operatingIncome: -165986000; netIncome: -240053000

revenue (2025-03-27)
operatingIncome (2025-03-27)
netIncome (2025-03-27)
2022-12-31209,908,000.00-58.76-74.86
Inputs & filings

revenue: 209908000; operatingIncome: -123344000; netIncome: -157128000

revenue (2024-03-13)
operatingIncome (2024-03-13)
netIncome (2024-03-13)

ADC Therapeutics SA (ADCT) P/E ratio history

The interactive P/E chart contains all 335 stored weekly price points (2020-05-15–2026-10-08); 0 have an eligible basic or diluted ratio. Annual EPS is carried forward from its fiscal end. Use the P/E range bar or any other chart range bar to change all five chart windows.

Fiscal-year-end snapshots

No positive annual EPS with an eligible fiscal-year-end price is available in this snapshot.

Annual P/E = eligible fiscal-year-end close ÷ reported annual EPS. This is retrospective annual P/E, not TTM or forward P/E. Why we use annual data. Missing or non-positive EPS and missing eligible prices produce unavailable ratios.

Explore the P/E chart and optional reference lines · How P/E history is calculated.

Complete annual P/E history (4 fiscal periods)
Full stored fiscal-year-end P/E history, independent of the selected chart window. Ratios in ×; prices in USD.
Fiscal endPrice dateClosePrice basisBasic P/EDiluted P/EEPS filings
2025-12-312025-12-263.51Adjusted closeUnavailableUnavailableBasic EPS (2026-03-10) Diluted EPS (2026-03-10)
2024-12-312024-12-272.03Adjusted closeUnavailableUnavailableBasic EPS (2026-03-10) Diluted EPS (2026-03-10)
2023-12-312023-12-291.66Adjusted closeUnavailableUnavailableBasic EPS (2025-03-27) Diluted EPS (2025-03-27)
2022-12-312022-12-303.84Adjusted closeUnavailableUnavailableBasic EPS (2024-03-13) Diluted EPS (2024-03-13)

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