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Annual data and sources

Denali Therapeutics Inc. (DNLI) · Nasdaq · USD · Sector unavailable · CIK 0001714899

Annual coverage: 2016-12-31–2025-12-31 (10 periods). Financial snapshot built 2026-10-09.

DNLI 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 Denali Therapeutics Inc.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
-2.97-2.97-2.44UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2024
2024-12-31
-2.57-2.57-2.21UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2023
2023-12-31
-1.06-1.06-2.70UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2022
2022-12-31
-2.60-2.60-2.09UnavailableUnavailableBasic EPS (2025-02-27)
Diluted EPS (2025-02-27)
Operating cash flow (2025-02-27) · Capex (2025-02-27)
2021
2021-12-31
-2.39-2.39-1.81UnavailableUnavailableBasic EPS (2024-02-28)
Diluted EPS (2024-02-28)
Operating cash flow (2024-02-28) · Capex (2024-02-28)
2020
2020-12-31
0.650.633.67UnavailableUnavailableBasic EPS (2023-02-27)
Diluted EPS (2023-02-27)
Operating cash flow (2023-02-27) · Capex (2023-02-27)
2019
2019-12-31
-2.07-2.07-1.77UnavailableUnavailableBasic EPS (2022-02-28)
Diluted EPS (2022-02-28)
Operating cash flow (2022-02-28) · Capex (2022-02-28)
2018
2018-12-31
-0.39-0.390.50UnavailableUnavailableBasic EPS (2021-02-26)
Diluted EPS (2021-02-26)
Operating cash flow (2021-02-26) · Capex (2021-02-26)
2017
2017-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2020-02-27) · Capex (2020-02-27)
2016
2016-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2019-03-12) · Capex (2019-03-12)

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
2025-12-310.00Unavailable
Inputs & filings

revenue: 0; averageDilutedShares: 172649097; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 156182177

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
periodEndShares (2026-02-26)
2024-12-310.00Unavailable
Inputs & filings

revenue: 0; averageDilutedShares: 164473772; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 144220986

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
periodEndShares (2026-02-26)
2023-12-312.41Unavailable
Inputs & filings

revenue: 330531000; averageDilutedShares: 137370897; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 138385498

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
periodEndShares (2025-02-27)
2022-12-310.86Unavailable
Inputs & filings

revenue: 108463000; averageDilutedShares: 125530703; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 135965918

revenue (2025-02-27)
averageDilutedShares (2025-02-27)
periodEndShares (2024-02-28)
2021-12-310.40Unavailable
Inputs & filings

revenue: 48661000; averageDilutedShares: 121524795; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 122283305

revenue (2024-02-28)
averageDilutedShares (2024-02-28)
periodEndShares (2023-02-27)
2020-12-312.98Unavailable
Inputs & filings

revenue: 335659000; averageDilutedShares: 112703108; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 120531333

revenue (2023-02-27)
averageDilutedShares (2023-02-27)
periodEndShares (2022-02-28)
2019-12-310.28Unavailable
Inputs & filings

revenue: 26678000; averageDilutedShares: 95608208; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 96189935

revenue (2022-02-28)
averageDilutedShares (2022-02-28)
periodEndShares (2021-02-26)
2018-12-311.39Unavailable
Inputs & filings

revenue: 129160000; averageDilutedShares: 92621991; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 94662435

revenue (2021-02-26)
averageDilutedShares (2021-02-26)
periodEndShares (2020-02-27)
2017-12-31UnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 87480362

periodEndShares (2019-03-12)
2016-12-31UnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

Source unavailable

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
2025-12-31UnavailableUnavailable-47.91
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-422102000,"capex":{"accession":"0001714899-26-000021","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001714899-26-000021","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":0,"tag":"Revenues","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"netIncome":{"value":-512540000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"operatingIncome":{"value":-555342000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"openingAssets":{"value":1374180000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"openingCurrentLiabilities":{"value":102208000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"openingCapitalEmployed":{"value":1271972000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1229684000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"openingTotalEquity":{"value":1229684000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":144496000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"openingCash":{"value":174960000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"openingCommonEquity":{"value":1229684000,"inputNames":["openingParentEquity","openingPreferredShares"]},"closingAssets":{"value":1144854000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"closingCurrentLiabilities":{"value":98351000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"closingCapitalEmployed":{"value":1046503000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1013761000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"closingTotalEquity":{"value":1013761000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":131093000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"closingCash":{"value":205326000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"closingCommonEquity":{"value":1013761000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-512540000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":102000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","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":1159237500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":1121722500,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: Positive revenue required; zero or negative denominator is unavailable; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -47.90580014880471

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2026-02-26) · roce component 3 (2026-02-26) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26)
2024-12-31UnavailableUnavailable-41.51
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-363606000,"capex":{"accession":"0001714899-26-000021","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001714899-26-000021","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":0,"tag":"Revenues","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"netIncome":{"value":-422773000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"operatingIncome":{"value":-487341000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"openingAssets":{"value":1153917000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001714899-25-000066","form":"10-K"},"openingCurrentLiabilities":{"value":77982000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001714899-25-000066","form":"10-K"},"openingCapitalEmployed":{"value":1075935000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1030954000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","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":122963000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001714899-25-000066","form":"10-K"},"openingCash":{"value":127106000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001714899-25-000066","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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001714899-25-000066","form":"10-K"},"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":1374180000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"closingCurrentLiabilities":{"value":102208000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"closingCapitalEmployed":{"value":1271972000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1229684000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"closingTotalEquity":{"value":1229684000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":144496000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"closingCash":{"value":174960000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"closingCommonEquity":{"value":1229684000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-422773000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":68000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","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":1173953500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: Positive revenue required; zero or negative denominator is unavailable; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -41.51280267915211

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2025-02-27) · roce component 3 (2025-02-27) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26)
2023-12-31-112.22Unavailable-18.11
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-370930000,"capex":{"accession":"0001714899-26-000021","end":"2023-12-31","filed":"2026-02-26","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001714899-26-000021","end":"2023-12-31","filed":"2026-02-26","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":330531000,"tag":"Revenues","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"netIncome":{"value":-145224000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"operatingIncome":{"value":-196699000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","form":"10-K"},"openingAssets":{"value":1460242000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001714899-24-000086","form":"10-K"},"openingCurrentLiabilities":{"value":363922000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001714899-24-000086","form":"10-K"},"openingCapitalEmployed":{"value":1096320000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1042430000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-26","accession":"0001714899-26-000021","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":417812000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001714899-24-000086","form":"10-K"},"openingCash":{"value":218044000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001714899-24-000086","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -112.2224541722259; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -18.11012058897321

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2024-02-28) · roce component 3 (2024-02-28) · roce component 4 (2025-02-27) · roce component 5 (2025-02-27)
2022-12-31-242.06Unavailable-32.11
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-262549000,"capex":{"accession":"0001714899-25-000066","end":"2022-12-31","filed":"2025-02-27","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001714899-25-000066","end":"2022-12-31","filed":"2025-02-27","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":108463000,"tag":"Revenues","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-27","accession":"0001714899-25-000066","form":"10-K"},"netIncome":{"value":-325991000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-27","accession":"0001714899-25-000066","form":"10-K"},"operatingIncome":{"value":-340744000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-27","accession":"0001714899-25-000066","form":"10-K"},"openingAssets":{"value":1404162000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-27","accession":"0001714899-23-000049","form":"10-K"},"openingCurrentLiabilities":{"value":378245000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-27","accession":"0001714899-23-000049","form":"10-K"},"openingCapitalEmployed":{"value":1025917000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":962291000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-27","accession":"0001714899-25-000066","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":441871000,"tag":"Liabilities","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-27","accession":"0001714899-23-000049","form":"10-K"},"openingCash":{"value":293477000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-27","accession":"0001714899-23-000049","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -242.06319205627725; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -32.111776394436625

fcfMargin component 1 (2025-02-27) · fcfMargin component 2 (2025-02-27) · fcfMargin component 3 (2025-02-27)
cashConversion component 1 (2025-02-27) · cashConversion component 2 (2025-02-27) · cashConversion component 3 (2025-02-27)
roce component 1 (2025-02-27) · roce component 2 (2023-02-27) · roce component 3 (2023-02-27) · roce component 4 (2024-02-28) · roce component 5 (2024-02-28)
2021-12-31-451.88Unavailable-23.12
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-219889000,"capex":{"accession":"0001714899-24-000086","end":"2021-12-31","filed":"2024-02-28","form":"10-K","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001714899-24-000086","end":"2021-12-31","filed":"2024-02-28","form":"10-K","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":48661000,"tag":"Revenues","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001714899-24-000086","form":"10-K"},"netIncome":{"value":-290581000,"tag":"NetIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001714899-24-000086","form":"10-K"},"operatingIncome":{"value":-295751000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001714899-24-000086","form":"10-K"},"openingAssets":{"value":1604280000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-28","accession":"0001714899-22-000058","form":"10-K"},"openingCurrentLiabilities":{"value":71699000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-28","accession":"0001714899-22-000058","form":"10-K"},"openingCapitalEmployed":{"value":1532581000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1150531000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-28","accession":"0001714899-24-000086","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":453749000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-28","accession":"0001714899-22-000058","form":"10-K"},"openingCash":{"value":507144000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-28","accession":"0001714899-22-000058","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -451.8793284149524; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -23.11911129107781

fcfMargin component 1 (2024-02-28) · fcfMargin component 2 (2024-02-28) · fcfMargin component 3 (2024-02-28)
cashConversion component 1 (2024-02-28) · cashConversion component 2 (2024-02-28) · cashConversion component 3 (2024-02-28)
roce component 1 (2024-02-28) · roce component 2 (2022-02-28) · roce component 3 (2022-02-28) · roce component 4 (2023-02-27) · roce component 5 (2023-02-27)
2020-12-31123.06580.666.15
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":413057000,"capex":{"accession":"0001714899-23-000049","end":"2020-12-31","filed":"2023-02-27","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001714899-23-000049","end":"2020-12-31","filed":"2023-02-27","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":335659000,"tag":"Revenues","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-27","accession":"0001714899-23-000049","form":"10-K"},"netIncome":{"value":71136000,"tag":"NetIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-27","accession":"0001714899-23-000049","form":"10-K"},"operatingIncome":{"value":62718000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-27","accession":"0001714899-23-000049","form":"10-K"},"openingAssets":{"value":553231000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001714899-21-000033","form":"10-K"},"openingCurrentLiabilities":{"value":45344000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001714899-21-000033","form":"10-K"},"openingCapitalEmployed":{"value":507887000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":394890000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-27","accession":"0001714899-23-000049","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":158341000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001714899-21-000033","form":"10-K"},"openingCash":{"value":79449000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001714899-21-000033","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2020-12-31","filed":"2022-02-28","accession":"0001714899-22-000058","form":"10-K"},"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":71136000,"tag":"NetIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-27","accession":"0001714899-23-000049","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":823000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-27","accession":"0001714899-23-000049","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":1020234000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 123.05852070106864; cashConversion: 580.658175888439; roce: 6.147413240491887

fcfMargin component 1 (2023-02-27) · fcfMargin component 2 (2023-02-27) · fcfMargin component 3 (2023-02-27)
cashConversion component 1 (2023-02-27) · cashConversion component 2 (2023-02-27) · cashConversion component 3 (2023-02-27)
roce component 1 (2023-02-27) · roce component 2 (2021-02-26) · roce component 3 (2021-02-26) · roce component 4 (2022-02-28) · roce component 5 (2022-02-28)
2019-12-31-635.34Unavailable-37.50
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-169495000,"capex":{"accession":"0001714899-22-000058","end":"2019-12-31","filed":"2022-02-28","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001714899-22-000058","end":"2019-12-31","filed":"2022-02-28","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":26678000,"tag":"Revenues","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-28","accession":"0001714899-22-000058","form":"10-K"},"netIncome":{"value":-197614000,"tag":"NetIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-28","accession":"0001714899-22-000058","form":"10-K"},"operatingIncome":{"value":-213184000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-28","accession":"0001714899-22-000058","form":"10-K"},"openingAssets":{"value":661984000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","form":"10-K"},"openingCurrentLiabilities":{"value":32786000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","form":"10-K"},"openingCapitalEmployed":{"value":629198000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":546845000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-28","accession":"0001714899-22-000058","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":115139000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","form":"10-K"},"openingCash":{"value":77123000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001714899-21-000033","form":"10-K"},"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":-197614000,"tag":"NetIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-28","accession":"0001714899-22-000058","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-351000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-28","accession":"0001714899-22-000058","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":568542500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -635.3362321013569; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -37.49658117027311

fcfMargin component 1 (2022-02-28) · fcfMargin component 2 (2022-02-28) · fcfMargin component 3 (2022-02-28)
cashConversion component 1 (2022-02-28) · cashConversion component 2 (2022-02-28) · cashConversion component 3 (2022-02-28)
roce component 1 (2022-02-28) · roce component 2 (2020-02-27) · roce component 3 (2020-02-27) · roce component 4 (2021-02-26) · roce component 5 (2021-02-26)
2018-12-3136.17Unavailable-8.42
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":46723000,"capex":{"accession":"0001714899-21-000033","end":"2018-12-31","filed":"2021-02-26","form":"10-K","start":"2018-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001714899-21-000033","end":"2018-12-31","filed":"2021-02-26","form":"10-K","start":"2018-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":129160000,"tag":"Revenues","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-26","accession":"0001714899-21-000033","form":"10-K"},"netIncome":{"value":-36240000,"tag":"NetIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-26","accession":"0001714899-21-000033","form":"10-K"},"operatingIncome":{"value":-46372000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-26","accession":"0001714899-21-000033","form":"10-K"},"openingAssets":{"value":486721000,"tag":"Assets","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","form":"10-K"},"openingCurrentLiabilities":{"value":14164000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","form":"10-K"},"openingCapitalEmployed":{"value":472557000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":465796000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-26","accession":"0001714899-21-000033","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":20925000,"tag":"Liabilities","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","form":"10-K"},"openingCash":{"value":218375000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2017-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","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 2017-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2017-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","form":"10-K"},"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":661984000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","form":"10-K"},"closingCurrentLiabilities":{"value":32786000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","form":"10-K"},"closingCapitalEmployed":{"value":629198000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":546845000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-28","accession":"0001714899-22-000058","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":115139000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","form":"10-K"},"closingCash":{"value":77123000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","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 2018-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","form":"10-K"},"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":-36240000,"tag":"NetIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-26","accession":"0001714899-21-000033","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-26","accession":"0001714899-21-000033","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":550877500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 36.17451223288944; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -8.417842442285263

fcfMargin component 1 (2021-02-26) · fcfMargin component 2 (2021-02-26) · fcfMargin component 3 (2021-02-26)
cashConversion component 1 (2021-02-26) · cashConversion component 2 (2021-02-26) · cashConversion component 3 (2021-02-26)
roce component 1 (2021-02-26) · roce component 2 (2019-03-12) · roce component 3 (2019-03-12) · roce component 4 (2020-02-27) · roce component 5 (2020-02-27)
2017-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-79510000,"capex":{"accession":"0001714899-20-000026","end":"2017-12-31","filed":"2020-02-27","form":"10-K","start":"2017-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001714899-20-000026","end":"2017-12-31","filed":"2020-02-27","form":"10-K","start":"2017-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":-88185000,"tag":"NetIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","form":"10-K"},"operatingIncome":{"value":-90140000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","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 2016-12-31"},"openingParentEquity":{"value":-94154000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","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":39853000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2016-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","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 2016-12-31"},"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":486721000,"tag":"Assets","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","form":"10-K"},"closingCurrentLiabilities":{"value":14164000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","form":"10-K"},"closingCapitalEmployed":{"value":472557000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":465796000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-26","accession":"0001714899-21-000033","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":20925000,"tag":"Liabilities","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","form":"10-K"},"closingCash":{"value":218375000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2017-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","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 2017-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2017-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","form":"10-K"},"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":-88185000,"tag":"NetIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","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: Revenue mapping differs from reported total revenue in overlapping annual periods; 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 2016-12-31

fcfMargin component 1 (2020-02-27) · fcfMargin component 2 (2020-02-27)
cashConversion component 1 (2020-02-27) · cashConversion component 2 (2020-02-27) · cashConversion component 3 (2020-02-27)
roce component 1 (2020-02-27) · roce component 2 (2019-03-12) · roce component 3 (2019-03-12)
2016-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-78042000,"capex":{"accession":"0001714899-19-000015","end":"2016-12-31","filed":"2019-03-12","form":"10-K","start":"2016-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001714899-19-000015","end":"2016-12-31","filed":"2019-03-12","form":"10-K","start":"2016-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":-86652000,"tag":"NetIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","form":"10-K"},"operatingIncome":{"value":-87433000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","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 2015-12-31"},"openingParentEquity":{"value":-15634000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2015-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","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 2015-12-31"},"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":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCapitalEmployed":{"value":null,"inputNames":["closingAssets","closingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2016-12-31"},"closingParentEquity":{"value":-94154000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-02-27","accession":"0001714899-20-000026","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":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCash":{"value":39853000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2016-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","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 2016-12-31"},"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":-86652000,"tag":"NetIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-12","accession":"0001714899-19-000015","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"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: Revenue mapping differs from reported total revenue in overlapping annual periods; 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, closingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2015-12-31; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2016-12-31

fcfMargin component 1 (2019-03-12) · fcfMargin component 2 (2019-03-12)
cashConversion component 1 (2019-03-12) · cashConversion component 2 (2019-03-12) · cashConversion component 3 (2019-03-12)
roce component 1 (2019-03-12)

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
2025-12-310.00UnavailableUnavailable
Inputs & filings

revenue: 0; operatingIncome: -555342000; netIncome: -512540000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2024-12-310.00UnavailableUnavailable
Inputs & filings

revenue: 0; operatingIncome: -487341000; netIncome: -422773000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2023-12-31330,531,000.00-59.51-43.94
Inputs & filings

revenue: 330531000; operatingIncome: -196699000; netIncome: -145224000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2022-12-31108,463,000.00-314.16-300.56
Inputs & filings

revenue: 108463000; operatingIncome: -340744000; netIncome: -325991000

revenue (2025-02-27)
operatingIncome (2025-02-27)
netIncome (2025-02-27)
2021-12-3148,661,000.00-607.78-597.15
Inputs & filings

revenue: 48661000; operatingIncome: -295751000; netIncome: -290581000

revenue (2024-02-28)
operatingIncome (2024-02-28)
netIncome (2024-02-28)
2020-12-31335,659,000.0018.6921.19
Inputs & filings

revenue: 335659000; operatingIncome: 62718000; netIncome: 71136000

revenue (2023-02-27)
operatingIncome (2023-02-27)
netIncome (2023-02-27)
2019-12-3126,678,000.00-799.10-740.74
Inputs & filings

revenue: 26678000; operatingIncome: -213184000; netIncome: -197614000

revenue (2022-02-28)
operatingIncome (2022-02-28)
netIncome (2022-02-28)
2018-12-31129,160,000.00-35.90-28.06
Inputs & filings

revenue: 129160000; operatingIncome: -46372000; netIncome: -36240000

revenue (2021-02-26)
operatingIncome (2021-02-26)
netIncome (2021-02-26)
2017-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; operatingIncome: -90140000; netIncome: -88185000

operatingIncome (2020-02-27)
netIncome (2020-02-27)
2016-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; operatingIncome: -87433000; netIncome: -86652000

operatingIncome (2019-03-12)
netIncome (2019-03-12)

Denali Therapeutics Inc. (DNLI) P/E ratio history

The interactive P/E chart contains all 462 stored weekly price points (2017-12-08–2026-10-08); 52 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

1 eligible fiscal-year-end observations span 2020-12-31–2020-12-31. Latest eligible diluted P/E: 132.95×; basic P/E: 128.86×, for fiscal end 2020-12-31, using the close on 2020-12-31.

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 (10 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
2025-12-312025-12-2616.87Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2024-12-312024-12-2720.61Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2023-12-312023-12-2921.46Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2022-12-312022-12-3027.81Adjusted closeUnavailableUnavailableBasic EPS (2025-02-27) Diluted EPS (2025-02-27)
2021-12-312021-12-3144.60Adjusted closeUnavailableUnavailableBasic EPS (2024-02-28) Diluted EPS (2024-02-28)
2020-12-312020-12-3183.76Adjusted close128.86132.95Basic EPS (2023-02-27) Diluted EPS (2023-02-27)
2019-12-312019-12-2718.28Adjusted closeUnavailableUnavailableBasic EPS (2022-02-28) Diluted EPS (2022-02-28)
2018-12-312018-12-2819.87Adjusted closeUnavailableUnavailableBasic EPS (2021-02-26) Diluted EPS (2021-02-26)
2017-12-312017-12-2915.64Adjusted closeUnavailableUnavailable Source unavailable
2016-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable

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