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Immunocore Holdings plc (IMCR)

Historical prices through 2026-10-08Latest fiscal period 2025-12-31

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Immunocore Holdings plc (IMCR) · Nasdaq · USD · Sector unavailable · CIK 0001671927

Annual coverage: 2021-12-31–2025-12-31 (5 periods). Financial snapshot built 2026-10-09.

IMCR annual financial history

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

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Annual EPS, cash flow, dividends, and fiscal-year dividend yield for Immunocore Holdings plc
Fiscal year / end	Basic EPS	Diluted EPS	FCF / share	Dividends / share	Fiscal-year dividend yield	Filing sources
2025 2025-12-31	-0.71	-0.71	-0.30	0.00	0.00%	Basic EPS (2026-02-25) Diluted EPS (2026-02-25) Operating cash flow (2026-02-25) · Capex (2026-02-25) Dividend (2026-02-25)
2024 2024-12-31	-1.02	-1.02	0.42	0.00	0.00%	Basic EPS (2026-02-25) Diluted EPS (2026-02-25) Operating cash flow (2026-02-25) · Capex (2026-02-25) Dividend (2026-02-25)
2023 2023-12-31	-1.13	-1.13	-0.05	0.00	0.00%	Basic EPS (2026-02-25) Diluted EPS (2026-02-25) Operating cash flow (2026-02-25) · Capex (2026-02-25) Dividend (2025-02-26)
2022 2022-12-31	-1.15	-1.15	-1.12	0.00	0.00%	Basic EPS (2025-02-26) Diluted EPS (2025-02-26) Operating cash flow (2025-02-26) · Capex (2025-02-26) Dividend (2025-02-26)
2021 2021-12-31	-4.24	-4.24	-3.40	Unavailable	Unavailable	Basic EPS (2024-02-28) Diluted EPS (2024-02-28) Operating cash flow (2024-02-28) · Capex (2024-02-28)

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 end	Revenue / share	Total debt / share	Inputs & filing sources
2025-12-31	Unavailable	Unavailable	Inputs & filings revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; averageDilutedShares: 50345666; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 50689271 averageDilutedShares (2026-02-25) periodEndShares (2026-02-25)
2024-12-31	Unavailable	Unavailable	Inputs & filings revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; averageDilutedShares: 49991064; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 50064860 averageDilutedShares (2026-02-25) periodEndShares (2026-02-25)
2023-12-31	5.10	Unavailable	Inputs & filings revenue: 249428000; averageDilutedShares: 48888975; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 49725649 revenue (2024-02-28) averageDilutedShares (2026-02-25) periodEndShares (2025-02-26)
2022-12-31	3.81	Unavailable	Inputs & filings revenue: 174361000; averageDilutedShares: 45714923; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 48088346 revenue (2024-02-28) averageDilutedShares (2025-02-26) periodEndShares (2024-02-28)
2021-12-31	0.86	Unavailable	Inputs & filings revenue: 36484000; averageDilutedShares: 42488579; 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 (2024-02-28) averageDilutedShares (2024-02-28)

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 end	FCF margin (%)	FCF / net income (%)	ROCE (%)	Inputs & filing sources
2025-12-31	Unavailable	Unavailable	-5.61	Inputs & filings Calculation inputs: {"original":{"fcfTotal":{"value":-15052000,"capex":{"accession":"0001671927-26-000005","end":"2025-12-31","filed":"2026-02-25","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001671927-26-000005","end":"2025-12-31","filed":"2026-02-25","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":-35514000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"operatingIncome":{"value":-45353000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"openingAssets":{"value":1009506000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"openingCurrentLiabilities":{"value":212181000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"openingCapitalEmployed":{"value":797325000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":360716000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"openingTotalEquity":{"value":360716000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":648790000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"openingCash":{"value":455731000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1067269000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"closingCurrentLiabilities":{"value":246697000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"closingCapitalEmployed":{"value":820572000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":381033000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"closingTotalEquity":{"value":381033000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":686236000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"closingCash":{"value":467709000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2025-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-35514000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":16414000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"pretaxIncome":{"value":-19100000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","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":808948500,"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: -5.606413758106974 fcfMargin component 1 (2026-02-25) · fcfMargin component 2 (2026-02-25) cashConversion component 1 (2026-02-25) · cashConversion component 2 (2026-02-25) · cashConversion component 3 (2026-02-25) roce component 1 (2026-02-25) · roce component 2 (2026-02-25) · roce component 3 (2026-02-25) · roce component 4 (2026-02-25) · roce component 5 (2026-02-25)
2024-12-31	Unavailable	Unavailable	-11.23	Inputs & filings Calculation inputs: {"original":{"fcfTotal":{"value":20888000,"capex":{"accession":"0001671927-26-000005","end":"2024-12-31","filed":"2026-02-25","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001671927-26-000005","end":"2024-12-31","filed":"2026-02-25","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":-51087000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"operatingIncome":{"value":-70461000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"openingAssets":{"value":597001000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001671927-25-000006","form":"10-K"},"openingCurrentLiabilities":{"value":139021000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001671927-25-000006","form":"10-K"},"openingCapitalEmployed":{"value":457980000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":368843000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","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":228158000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001671927-25-000006","form":"10-K"},"openingCash":{"value":442626000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001671927-25-000006","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1009506000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"closingCurrentLiabilities":{"value":212181000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"closingCapitalEmployed":{"value":797325000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":360716000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"closingTotalEquity":{"value":360716000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":648790000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"closingCash":{"value":455731000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-51087000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-1850000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"pretaxIncome":{"value":-52937000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","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":627652500,"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: -11.226116362158997 fcfMargin component 1 (2026-02-25) · fcfMargin component 2 (2026-02-25) cashConversion component 1 (2026-02-25) · cashConversion component 2 (2026-02-25) · cashConversion component 3 (2026-02-25) roce component 1 (2026-02-25) · roce component 2 (2025-02-26) · roce component 3 (2025-02-26) · roce component 4 (2026-02-25) · roce component 5 (2026-02-25)
2023-12-31	-1.00	Unavailable	-13.50	Inputs & filings Calculation inputs: {"original":{"fcfTotal":{"value":-2485000,"capex":{"accession":"0001671927-26-000005","end":"2023-12-31","filed":"2026-02-25","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001671927-26-000005","end":"2023-12-31","filed":"2026-02-25","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":249428000,"tag":"Revenues","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"netIncome":{"value":-55287000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"operatingIncome":{"value":-59649000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"openingAssets":{"value":526762000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"openingCurrentLiabilities":{"value":100835000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"openingCapitalEmployed":{"value":425927000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":338903000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","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":187859000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"openingCash":{"value":402472000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","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 2023-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-55287000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-5603000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"},"pretaxIncome":{"value":-60890000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","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":441953500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"fcfMargin":{"fcfTotal":{"value":-2485000,"capex":{"accession":"0001671927-26-000005","end":"2023-12-31","filed":"2026-02-25","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001671927-26-000005","end":"2023-12-31","filed":"2026-02-25","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":249428000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","form":"10-K"}}}}; fcfMargin: -0.9962794874673253; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -13.496668767189307 fcfMargin component 1 (2026-02-25) · fcfMargin component 2 (2026-02-25) · fcfMargin component 3 (2026-02-25) cashConversion component 1 (2026-02-25) · cashConversion component 2 (2026-02-25) · cashConversion component 3 (2026-02-25) roce component 1 (2026-02-25) · roce component 2 (2024-02-28) · roce component 3 (2024-02-28) · roce component 4 (2025-02-26) · roce component 5 (2025-02-26)
2022-12-31	-29.49	Unavailable	Unavailable	Inputs & filings Calculation inputs: {"original":{"fcfTotal":{"value":-51412000,"capex":{"accession":"0001671927-25-000006","end":"2022-12-31","filed":"2025-02-26","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001671927-25-000006","end":"2022-12-31","filed":"2025-02-26","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":174361000,"tag":"Revenues","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"netIncome":{"value":-52543000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0001671927-25-000006","form":"10-K"},"operatingIncome":{"value":-51708000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0001671927-25-000006","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2021-12-31"},"openingParentEquity":{"value":233705000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-26","accession":"0001671927-25-000006","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":526762000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"closingCurrentLiabilities":{"value":100835000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"closingCapitalEmployed":{"value":425927000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":338903000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-25","accession":"0001671927-26-000005","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":187859000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"closingCash":{"value":402472000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-52543000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0001671927-25-000006","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":11660000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0001671927-25-000006","form":"10-K"},"pretaxIncome":{"value":-40883000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0001671927-25-000006","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":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"fcfMargin":{"fcfTotal":{"value":-51412000,"capex":{"accession":"0001671927-25-000006","end":"2022-12-31","filed":"2025-02-26","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001671927-25-000006","end":"2022-12-31","filed":"2025-02-26","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":174361000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0001671927-25-000006","form":"10-K"}}}}; fcfMargin: -29.485951560268635; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2021-12-31 fcfMargin component 1 (2025-02-26) · fcfMargin component 2 (2025-02-26) · fcfMargin component 3 (2025-02-26) cashConversion component 1 (2025-02-26) · cashConversion component 2 (2025-02-26) · cashConversion component 3 (2025-02-26) roce component 1 (2025-02-26) · roce component 2 (2024-02-28) · roce component 3 (2024-02-28)
2021-12-31	-396.04	Unavailable	Unavailable	Inputs & filings Calculation inputs: {"original":{"fcfTotal":{"value":-144492000,"capex":{"accession":"0001140361-24-009921","end":"2021-12-31","filed":"2024-02-28","form":"10-K","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001140361-24-009921","end":"2021-12-31","filed":"2024-02-28","form":"10-K","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":36484000,"tag":"Revenues","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"netIncome":{"value":-180029000,"tag":"NetIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"operatingIncome":{"value":-174587000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","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 2020-12-31"},"openingParentEquity":{"value":76909000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","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 2020-12-31"},"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 2021-12-31"},"closingParentEquity":{"value":233705000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-26","accession":"0001671927-25-000006","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 2021-12-31"},"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":-180029000,"tag":"NetIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":150000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","form":"10-K"},"pretaxIncome":{"value":-179879000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001140361-24-009921","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":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -396.0421006468589; 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 2020-12-31; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2021-12-31 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)

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 end	Revenue (USD)	Operating margin (%)	Net margin (%)	Inputs & filing sources
2025-12-31	Unavailable	Unavailable	Unavailable	Inputs & filings revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; operatingIncome: -45353000; netIncome: -35514000 operatingIncome (2026-02-25) netIncome (2026-02-25)
2024-12-31	Unavailable	Unavailable	Unavailable	Inputs & filings revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; operatingIncome: -70461000; netIncome: -51087000 operatingIncome (2026-02-25) netIncome (2026-02-25)
2023-12-31	249,428,000.00	-23.91	-22.17	Inputs & filings revenue: 249428000; operatingIncome: -59649000; netIncome: -55287000 revenue (2024-02-28) operatingIncome (2026-02-25) netIncome (2026-02-25)
2022-12-31	174,361,000.00	-29.66	-30.13	Inputs & filings revenue: 174361000; operatingIncome: -51708000; netIncome: -52543000 revenue (2024-02-28) operatingIncome (2025-02-26) netIncome (2025-02-26)
2021-12-31	36,484,000.00	-478.53	-493.45	Inputs & filings revenue: 36484000; operatingIncome: -174587000; netIncome: -180029000 revenue (2024-02-28) operatingIncome (2024-02-28) netIncome (2024-02-28)

Immunocore Holdings plc (IMCR) P/E ratio history

The interactive P/E chart contains all 297 stored weekly price points (2021-02-05–2026-10-08); 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 (5 fiscal periods)

Full stored fiscal-year-end P/E history, independent of the selected chart window. Ratios in ×; prices in USD.
Fiscal end	Price date	Close	Price basis	Basic P/E	Diluted P/E	EPS filings
2025-12-31	2025-12-26	36.13	Adjusted close	Unavailable	Unavailable	Basic EPS (2026-02-25) Diluted EPS (2026-02-25)
2024-12-31	2024-12-27	29.18	Adjusted close	Unavailable	Unavailable	Basic EPS (2026-02-25) Diluted EPS (2026-02-25)
2023-12-31	2023-12-29	68.32	Adjusted close	Unavailable	Unavailable	Basic EPS (2026-02-25) Diluted EPS (2026-02-25)
2022-12-31	2022-12-30	57.07	Adjusted close	Unavailable	Unavailable	Basic EPS (2025-02-26) Diluted EPS (2025-02-26)
2021-12-31	2021-12-31	34.24	Adjusted close	Unavailable	Unavailable	Basic EPS (2024-02-28) Diluted EPS (2024-02-28)

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