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Annual data and sources

Guardant Health, Inc. (GH) · Nasdaq · USD · Sector unavailable · CIK 0001576280

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

GH 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 Guardant Health, Inc.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
-3.32-3.32-1.86UnavailableUnavailableBasic EPS (2026-02-19)
Diluted EPS (2026-02-19)
Operating cash flow (2026-02-19) · Capex (2026-02-19)
2024
2024-12-31
-3.56-3.56-2.24UnavailableUnavailableBasic EPS (2026-02-19)
Diluted EPS (2026-02-19)
Operating cash flow (2026-02-19) · Capex (2026-02-19)
2023
2023-12-31
-4.28-4.28-3.08UnavailableUnavailableBasic EPS (2026-02-19)
Diluted EPS (2026-02-19)
Operating cash flow (2026-02-19) · Capex (2026-02-19)
2022
2022-12-31
-6.41-6.41-3.79UnavailableUnavailableBasic EPS (2025-02-20)
Diluted EPS (2025-02-20)
Operating cash flow (2025-02-20) · Capex (2025-02-20)
2021
2021-12-31
-4.00-4.00-2.80UnavailableUnavailableBasic EPS (2024-02-22)
Diluted EPS (2024-02-22)
Operating cash flow (2024-02-22) · Capex (2024-02-22)
2020
2020-12-31
-2.60-2.60-1.44UnavailableUnavailableBasic EPS (2023-02-23)
Diluted EPS (2023-02-23)
Operating cash flow (2023-02-23) · Capex (2023-02-23)
2019
2019-12-31
-0.84-0.84-0.73UnavailableUnavailableBasic EPS (2022-02-24)
Diluted EPS (2022-02-24)
Operating cash flow (2022-02-24) · Capex (2022-02-24)
2018
2018-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2021-02-25) · Capex (2021-02-25)
2017
2017-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2020-03-02) · Capex (2020-03-02)
2016
2016-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableSource unavailable

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
2025-12-317.83Unavailable
Inputs & filings

revenue: 982021000; averageDilutedShares: 125374000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 130635301

revenue (2026-02-19)
averageDilutedShares (2026-02-19)
periodEndShares (2026-02-19)
2024-12-316.02Unavailable
Inputs & filings

revenue: 739016000; averageDilutedShares: 122745000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 123994006

revenue (2026-02-19)
averageDilutedShares (2026-02-19)
periodEndShares (2026-02-19)
2023-12-315.04Unavailable
Inputs & filings

revenue: 563948000; averageDilutedShares: 111988000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 121629861

revenue (2026-02-19)
averageDilutedShares (2026-02-19)
periodEndShares (2025-02-20)
2022-12-314.40Unavailable
Inputs & filings

revenue: 449538000; averageDilutedShares: 102178000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 102619383

revenue (2025-02-20)
averageDilutedShares (2025-02-20)
periodEndShares (2024-02-22)
2021-12-313.69Unavailable
Inputs & filings

revenue: 373653000; averageDilutedShares: 101314000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 101767446

revenue (2024-02-22)
averageDilutedShares (2024-02-22)
periodEndShares (2023-02-23)
2020-12-312.94Unavailable
Inputs & filings

revenue: 286730000; averageDilutedShares: 97504000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 100213985

revenue (2023-02-23)
averageDilutedShares (2023-02-23)
periodEndShares (2022-02-24)
2019-12-312.37Unavailable
Inputs & filings

revenue: 214375000; averageDilutedShares: 90597000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 94261414

revenue (2022-02-24)
averageDilutedShares (2022-02-24)
periodEndShares (2021-02-25)
2018-12-31UnavailableUnavailable
Inputs & filings

revenue: 90639000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 85832454

revenue (2021-02-25)
periodEndShares (2020-03-02)
2017-12-31UnavailableUnavailable
Inputs & filings

revenue: 49842000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 11896882

revenue (2020-03-02)
periodEndShares (2019-03-19)
2016-12-31UnavailableUnavailable
Inputs & filings

revenue: 25249000; 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

revenue (2019-03-19)

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
2025-12-31-23.73Unavailable-29.43
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-233066000,"capex":{"accession":"0001576280-26-000013","end":"2025-12-31","filed":"2026-02-19","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001576280-26-000013","end":"2025-12-31","filed":"2026-02-19","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":982021000,"tag":"Revenues","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"netIncome":{"value":-416277000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"operatingIncome":{"value":-437248000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"openingAssets":{"value":1485609000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"openingCurrentLiabilities":{"value":225583000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"openingCapitalEmployed":{"value":1260026000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-139647000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"openingTotalEquity":{"value":-139647000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":1625256000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"openingCash":{"value":525540000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","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":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"openingCommonEquity":{"value":-139647000,"inputNames":["openingParentEquity","openingPreferredShares"]},"closingAssets":{"value":2013659000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"closingCurrentLiabilities":{"value":302730000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"closingCapitalEmployed":{"value":1710929000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-99307000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"closingTotalEquity":{"value":-99307000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":2112966000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"closingCash":{"value":378203000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","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":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"closingCommonEquity":{"value":-99307000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":-416277000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"incomeTaxExpense":{"value":-1263000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"pretaxIncome":{"value":-417540000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":1485477500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -23.733301019020978; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -29.434845024579637

fcfMargin component 1 (2026-02-19) · fcfMargin component 2 (2026-02-19) · fcfMargin component 3 (2026-02-19)
cashConversion component 1 (2026-02-19) · cashConversion component 2 (2026-02-19) · cashConversion component 3 (2026-02-19)
roce component 1 (2026-02-19) · roce component 2 (2026-02-19) · roce component 3 (2026-02-19) · roce component 4 (2026-02-19) · roce component 5 (2026-02-19)
2024-12-31-37.20Unavailable-31.23
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-274943000,"capex":{"accession":"0001576280-26-000013","end":"2024-12-31","filed":"2026-02-19","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001576280-26-000013","end":"2024-12-31","filed":"2026-02-19","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":739016000,"tag":"Revenues","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"netIncome":{"value":-436373000,"tag":"ProfitLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","form":"10-K"},"operatingIncome":{"value":-443594000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"openingAssets":{"value":1786421000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","form":"10-K"},"openingCurrentLiabilities":{"value":205917000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","form":"10-K"},"openingCapitalEmployed":{"value":1580504000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":158684000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","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":1627737000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","form":"10-K"},"openingCash":{"value":1133537000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","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":"2025-02-20","accession":"0001576280-25-000044","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":1485609000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"closingCurrentLiabilities":{"value":225583000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"closingCapitalEmployed":{"value":1260026000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-139647000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"closingTotalEquity":{"value":-139647000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":1625256000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"closingCash":{"value":525540000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","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":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"closingCommonEquity":{"value":-139647000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":-436373000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"incomeTaxExpense":{"value":1284000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"pretaxIncome":{"value":-435089000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":1420265000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -37.20393063208374; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -31.23318535625394

fcfMargin component 1 (2026-02-19) · fcfMargin component 2 (2026-02-19) · fcfMargin component 3 (2026-02-19)
cashConversion component 1 (2026-02-19) · cashConversion component 2 (2026-02-19) · cashConversion component 3 (2025-02-20)
roce component 1 (2026-02-19) · roce component 2 (2025-02-20) · roce component 3 (2025-02-20) · roce component 4 (2026-02-19) · roce component 5 (2026-02-19)
2023-12-31-61.26Unavailable-37.68
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-345461000,"capex":{"accession":"0001576280-26-000013","end":"2023-12-31","filed":"2026-02-19","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001576280-26-000013","end":"2023-12-31","filed":"2026-02-19","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":563948000,"tag":"Revenues","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"netIncome":{"value":-479449000,"tag":"ProfitLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","form":"10-K"},"operatingIncome":{"value":-564725000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"openingAssets":{"value":1609985000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-22","accession":"0001576280-24-000043","form":"10-K"},"openingCurrentLiabilities":{"value":193220000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-22","accession":"0001576280-24-000043","form":"10-K"},"openingCapitalEmployed":{"value":1416765000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":60180000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","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":1549805000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-22","accession":"0001576280-24-000043","form":"10-K"},"openingCash":{"value":141647000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-31","filed":"2024-02-22","accession":"0001576280-24-000043","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":1786421000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","form":"10-K"},"closingCurrentLiabilities":{"value":205917000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","form":"10-K"},"closingCapitalEmployed":{"value":1580504000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":158684000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","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":1627737000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","form":"10-K"},"closingCash":{"value":1133537000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-19","accession":"0001576280-26-000013","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -61.25759821827545; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -37.68263709396788

fcfMargin component 1 (2026-02-19) · fcfMargin component 2 (2026-02-19) · fcfMargin component 3 (2026-02-19)
cashConversion component 1 (2026-02-19) · cashConversion component 2 (2026-02-19) · cashConversion component 3 (2025-02-20)
roce component 1 (2026-02-19) · roce component 2 (2024-02-22) · roce component 3 (2024-02-22) · roce component 4 (2025-02-20) · roce component 5 (2025-02-20)
2022-12-31-86.07Unavailable-31.77
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-386924000,"capex":{"accession":"0001576280-25-000044","end":"2022-12-31","filed":"2025-02-20","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001576280-25-000044","end":"2022-12-31","filed":"2025-02-20","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":449538000,"tag":"Revenues","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","form":"10-K"},"netIncome":{"value":-654588000,"tag":"ProfitLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","form":"10-K"},"operatingIncome":{"value":-544378000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","form":"10-K"},"openingAssets":{"value":2204499000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-23","accession":"0001576280-23-000020","form":"10-K"},"openingCurrentLiabilities":{"value":194687000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-23","accession":"0001576280-23-000020","form":"10-K"},"openingCapitalEmployed":{"value":2009812000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":645005000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-20","accession":"0001576280-25-000044","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":1559494000,"tag":"Liabilities","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-23","accession":"0001576280-23-000020","form":"10-K"},"openingCash":{"value":492202000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-02-22","accession":"0001576280-24-000043","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -86.07147782834822; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -31.773866456233147

fcfMargin component 1 (2025-02-20) · fcfMargin component 2 (2025-02-20) · fcfMargin component 3 (2025-02-20)
cashConversion component 1 (2025-02-20) · cashConversion component 2 (2025-02-20) · cashConversion component 3 (2025-02-20)
roce component 1 (2025-02-20) · roce component 2 (2023-02-23) · roce component 3 (2023-02-23) · roce component 4 (2024-02-22) · roce component 5 (2024-02-22)
2021-12-31-76.02Unavailable-19.50
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-284052000,"capex":{"accession":"0001576280-24-000043","end":"2021-12-31","filed":"2024-02-22","form":"10-K","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001576280-24-000043","end":"2021-12-31","filed":"2024-02-22","form":"10-K","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":373653000,"tag":"Revenues","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-22","accession":"0001576280-24-000043","form":"10-K"},"netIncome":{"value":-384770000,"tag":"ProfitLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-22","accession":"0001576280-24-000043","form":"10-K"},"operatingIncome":{"value":-411001000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-22","accession":"0001576280-24-000043","form":"10-K"},"openingAssets":{"value":2271781000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-24","accession":"0001576280-22-000015","form":"10-K"},"openingCurrentLiabilities":{"value":66809000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-24","accession":"0001576280-22-000015","form":"10-K"},"openingCapitalEmployed":{"value":2204972000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1298495000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-22","accession":"0001576280-24-000043","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":916186000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-24","accession":"0001576280-22-000015","form":"10-K"},"openingCash":{"value":832977000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-24","accession":"0001576280-22-000015","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -76.02026479112975; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -19.502826242103986

fcfMargin component 1 (2024-02-22) · fcfMargin component 2 (2024-02-22) · fcfMargin component 3 (2024-02-22)
cashConversion component 1 (2024-02-22) · cashConversion component 2 (2024-02-22) · cashConversion component 3 (2024-02-22)
roce component 1 (2024-02-22) · roce component 2 (2022-02-24) · roce component 3 (2022-02-24) · roce component 4 (2023-02-23) · roce component 5 (2023-02-23)
2020-12-31-48.86Unavailable-16.48
Inputs & filings

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fcfMargin: -48.861298085306736; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -16.476168042050258

fcfMargin component 1 (2023-02-23) · fcfMargin component 2 (2023-02-23) · fcfMargin component 3 (2023-02-23)
cashConversion component 1 (2023-02-23) · cashConversion component 2 (2023-02-23) · cashConversion component 3 (2023-02-23)
roce component 1 (2023-02-23) · roce component 2 (2021-02-25) · roce component 3 (2021-02-25) · roce component 4 (2022-02-24) · roce component 5 (2022-02-24)
2019-12-31-30.72Unavailable-11.52
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-65851000,"capex":{"accession":"0001576280-22-000015","end":"2019-12-31","filed":"2022-02-24","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001576280-22-000015","end":"2019-12-31","filed":"2022-02-24","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":214375000,"tag":"Revenues","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-24","accession":"0001576280-22-000015","form":"10-K"},"netIncome":{"value":-67851000,"tag":"ProfitLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-24","accession":"0001576280-22-000015","form":"10-K"},"operatingIncome":{"value":-82371000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-24","accession":"0001576280-22-000015","form":"10-K"},"openingAssets":{"value":587403000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-02","accession":"0001628280-20-002613","form":"10-K"},"openingCurrentLiabilities":{"value":46944000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-02","accession":"0001628280-20-002613","form":"10-K"},"openingCapitalEmployed":{"value":540459000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":483152000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-24","accession":"0001576280-22-000015","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":62451000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-02","accession":"0001628280-20-002613","form":"10-K"},"openingCash":{"value":140544000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-02","accession":"0001628280-20-002613","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -30.717667638483963; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -11.518325339448772

fcfMargin component 1 (2022-02-24) · fcfMargin component 2 (2022-02-24) · fcfMargin component 3 (2022-02-24)
cashConversion component 1 (2022-02-24) · cashConversion component 2 (2022-02-24) · cashConversion component 3 (2022-02-24)
roce component 1 (2022-02-24) · roce component 2 (2020-03-02) · roce component 3 (2020-03-02) · roce component 4 (2021-02-25) · roce component 5 (2021-02-25)
2018-12-31-101.93Unavailable-21.52
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-92388000,"capex":{"accession":"0001576280-21-000031","end":"2018-12-31","filed":"2021-02-25","form":"10-K","start":"2018-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001576280-21-000031","end":"2018-12-31","filed":"2021-02-25","form":"10-K","start":"2018-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":90639000,"tag":"Revenues","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-25","accession":"0001576280-21-000031","form":"10-K"},"netIncome":{"value":-84263000,"tag":"ProfitLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-25","accession":"0001576280-21-000031","form":"10-K"},"operatingIncome":{"value":-92942000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-25","accession":"0001576280-21-000031","form":"10-K"},"openingAssets":{"value":342938000,"tag":"Assets","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","form":"10-K"},"openingCurrentLiabilities":{"value":19627000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","form":"10-K"},"openingCapitalEmployed":{"value":323311000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":308606000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-25","accession":"0001576280-21-000031","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":34332000,"tag":"Liabilities","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","form":"10-K"},"openingCash":{"value":72280000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -101.92963293946316; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -21.52008057700545

fcfMargin component 1 (2021-02-25) · fcfMargin component 2 (2021-02-25) · fcfMargin component 3 (2021-02-25)
cashConversion component 1 (2021-02-25) · cashConversion component 2 (2021-02-25) · cashConversion component 3 (2021-02-25)
roce component 1 (2021-02-25) · roce component 2 (2019-03-19) · roce component 3 (2019-03-19) · roce component 4 (2020-03-02) · roce component 5 (2020-03-02)
2017-12-31-158.33UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-78916000,"capex":{"accession":"0001628280-20-002613","end":"2017-12-31","filed":"2020-03-02","form":"10-K","start":"2017-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-20-002613","end":"2017-12-31","filed":"2020-03-02","form":"10-K","start":"2017-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":49842000,"tag":"Revenues","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-03-02","accession":"0001628280-20-002613","form":"10-K"},"netIncome":{"value":-83221000,"tag":"ProfitLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-03-02","accession":"0001628280-20-002613","form":"10-K"},"operatingIncome":{"value":-76612000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-03-02","accession":"0001628280-20-002613","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":79696000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-03-02","accession":"0001628280-20-002613","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 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":342938000,"tag":"Assets","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","form":"10-K"},"closingCurrentLiabilities":{"value":19627000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","form":"10-K"},"closingCapitalEmployed":{"value":323311000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":308606000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-25","accession":"0001576280-21-000031","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":34332000,"tag":"Liabilities","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","form":"10-K"},"closingCash":{"value":72280000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","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":"2019-03-19","accession":"0001628280-19-003139","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":-88995000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-03-02","accession":"0001628280-20-002613","form":"10-K"},"incomeTaxExpense":{"value":7000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-03-02","accession":"0001628280-20-002613","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: -158.33233016331607; 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 (2020-03-02) · fcfMargin component 2 (2020-03-02) · fcfMargin component 3 (2020-03-02)
cashConversion component 1 (2020-03-02) · cashConversion component 2 (2020-03-02) · cashConversion component 3 (2020-03-02)
roce component 1 (2020-03-02) · roce component 2 (2019-03-19) · roce component 3 (2019-03-19)
2016-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"revenue":{"value":25249000,"tag":"Revenues","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","form":"10-K"},"netIncome":{"value":-46139000,"tag":"ProfitLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","form":"10-K"},"operatingIncome":{"value":-43847000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","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":83442000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2015-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","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":79696000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-03-02","accession":"0001628280-20-002613","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":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"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":-46139000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","form":"10-K"},"incomeTaxExpense":{"value":6000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-19","accession":"0001628280-19-003139","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: Stored FCF total has no matching annual OCF/capex duration; cashConversion: Stored FCF total has no matching annual OCF/capex duration; 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 (2019-03-19)
cashConversion component 1 (2019-03-19)
roce component 1 (2019-03-19)

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
2025-12-31982,021,000.00-44.53-42.39
Inputs & filings

revenue: 982021000; operatingIncome: -437248000; netIncome: -416277000

revenue (2026-02-19)
operatingIncome (2026-02-19)
netIncome (2026-02-19)
2024-12-31739,016,000.00-60.02-59.05
Inputs & filings

revenue: 739016000; operatingIncome: -443594000; netIncome: -436373000

revenue (2026-02-19)
operatingIncome (2026-02-19)
netIncome (2025-02-20)
2023-12-31563,948,000.00-100.14-85.02
Inputs & filings

revenue: 563948000; operatingIncome: -564725000; netIncome: -479449000

revenue (2026-02-19)
operatingIncome (2026-02-19)
netIncome (2025-02-20)
2022-12-31449,538,000.00-121.10-145.61
Inputs & filings

revenue: 449538000; operatingIncome: -544378000; netIncome: -654588000

revenue (2025-02-20)
operatingIncome (2025-02-20)
netIncome (2025-02-20)
2021-12-31373,653,000.00-110.00-102.98
Inputs & filings

revenue: 373653000; operatingIncome: -411001000; netIncome: -384770000

revenue (2024-02-22)
operatingIncome (2024-02-22)
netIncome (2024-02-22)
2020-12-31286,730,000.00-88.92-85.89
Inputs & filings

revenue: 286730000; operatingIncome: -254950000; netIncome: -246283000

revenue (2023-02-23)
operatingIncome (2023-02-23)
netIncome (2023-02-23)
2019-12-31214,375,000.00-38.42-31.65
Inputs & filings

revenue: 214375000; operatingIncome: -82371000; netIncome: -67851000

revenue (2022-02-24)
operatingIncome (2022-02-24)
netIncome (2022-02-24)
2018-12-3190,639,000.00-102.54-92.97
Inputs & filings

revenue: 90639000; operatingIncome: -92942000; netIncome: -84263000

revenue (2021-02-25)
operatingIncome (2021-02-25)
netIncome (2021-02-25)
2017-12-3149,842,000.00-153.71-166.97
Inputs & filings

revenue: 49842000; operatingIncome: -76612000; netIncome: -83221000

revenue (2020-03-02)
operatingIncome (2020-03-02)
netIncome (2020-03-02)
2016-12-3125,249,000.00-173.66-182.74
Inputs & filings

revenue: 25249000; operatingIncome: -43847000; netIncome: -46139000

revenue (2019-03-19)
operatingIncome (2019-03-19)
netIncome (2019-03-19)

Guardant Health, Inc. (GH) P/E ratio history

The interactive P/E chart contains all 419 stored weekly price points (2018-10-05–2026-10-08); 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 (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
2025-12-312025-12-26102.98Adjusted closeUnavailableUnavailableBasic EPS (2026-02-19) Diluted EPS (2026-02-19)
2024-12-312024-12-2730.44Adjusted closeUnavailableUnavailableBasic EPS (2026-02-19) Diluted EPS (2026-02-19)
2023-12-312023-12-2927.05Adjusted closeUnavailableUnavailableBasic EPS (2026-02-19) Diluted EPS (2026-02-19)
2022-12-312022-12-3027.20Adjusted closeUnavailableUnavailableBasic EPS (2025-02-20) Diluted EPS (2025-02-20)
2021-12-312021-12-31100.02Adjusted closeUnavailableUnavailableBasic EPS (2024-02-22) Diluted EPS (2024-02-22)
2020-12-312020-12-31128.88Adjusted closeUnavailableUnavailableBasic EPS (2023-02-23) Diluted EPS (2023-02-23)
2019-12-312019-12-2778.81Adjusted closeUnavailableUnavailableBasic EPS (2022-02-24) Diluted EPS (2022-02-24)
2018-12-312018-12-2837.71Adjusted closeUnavailableUnavailable Source unavailable
2017-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable
2016-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable

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