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Phathom Pharmaceuticals, Inc. (PHAT)
Price & fundamentals
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| Price date | EPS fiscal end | Basic P/E (×) | Diluted P/E (×) | P/S (×) | P/FCF (×) |
|---|
Profit margins
Calculation inputs, filings & unavailable observations
Yield, cash conversion & capital returns
Calculation inputs, filings & unavailable observations
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YEAR-OVER-YEAR
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Annual data and sources
Phathom Pharmaceuticals, Inc. (PHAT) · Nasdaq · USD · Sector unavailable · CIK 0001783183
Annual coverage: 2018-12-31–2025-12-31 (8 periods). Financial snapshot built 2026-10-09.
PHAT 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.
| Fiscal year / end | Basic EPS | Diluted EPS | FCF / share | Dividends / share | Fiscal-year dividend yield | Filing sources |
|---|---|---|---|---|---|---|
| 2025 2025-12-31 | -3.03 | -3.03 | -2.29 | Unavailable | Unavailable | Basic EPS (2026-02-26) Diluted EPS (2026-02-26) Operating cash flow (2026-02-26) · Capex (2026-02-26) |
| 2024 2024-12-31 | -5.29 | -5.29 | -4.22 | Unavailable | Unavailable | Basic EPS (2026-02-26) Diluted EPS (2026-02-26) Operating cash flow (2026-02-26) · Capex (2026-02-26) |
| 2023 2023-12-31 | -3.93 | -3.93 | -2.71 | Unavailable | Unavailable | Basic EPS (2025-03-06) Diluted EPS (2025-03-06) Operating cash flow (2025-03-06) · Capex (2025-03-06) |
| 2022 2022-12-31 | -5.05 | -5.05 | -3.77 | Unavailable | Unavailable | Basic EPS (2024-06-14) Diluted EPS (2024-06-14) Operating cash flow (2024-06-14) · Capex (2024-06-14) |
| 2021 2021-12-31 | -3.89 | -3.89 | -4.02 | Unavailable | Unavailable | Basic EPS (2023-02-28) Diluted EPS (2023-02-28) Operating cash flow (2023-02-28) · Capex (2023-02-28) |
| 2020 2020-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Operating cash flow (2022-03-01) · Capex (2022-03-01) |
| 2019 2019-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Operating cash flow (2021-03-30) · Capex (2021-03-30) |
| 2018 2018-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Source 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 end | Revenue / share | Total debt / share | Inputs & filing sources |
|---|---|---|---|
| 2025-12-31 | 2.40 | Unavailable | Inputs & filingsrevenue: 175110000; averageDilutedShares: 72918764; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 71419025 revenue (2026-02-26)averageDilutedShares (2026-02-26) periodEndShares (2026-02-26) |
| 2024-12-31 | 0.87 | Unavailable | Inputs & filingsrevenue: 55252000; averageDilutedShares: 63176210; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 68518238 revenue (2026-02-26)averageDilutedShares (2026-02-26) periodEndShares (2026-02-26) |
| 2023-12-31 | 0.01 | Unavailable | Inputs & filingsrevenue: 682000; averageDilutedShares: 51289092; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 57970044 revenue (2025-03-06)averageDilutedShares (2025-03-06) periodEndShares (2025-03-06) |
| 2022-12-31 | 0.00 | Unavailable | Inputs & filingsrevenue: 0; averageDilutedShares: 39118215; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 41468871 revenue (2024-06-14)averageDilutedShares (2024-06-14) periodEndShares (2024-06-14) |
| 2021-12-31 | Unavailable | Unavailable | Inputs & filingsrevenue: No unambiguous matching annual USD fact; averageDilutedShares: 37002959; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 30511226 averageDilutedShares (2023-02-28)periodEndShares (2023-02-28) |
| 2020-12-31 | Unavailable | Unavailable | Inputs & filingsrevenue: No unambiguous matching annual USD fact; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 28516010 periodEndShares (2022-03-01) |
| 2019-12-31 | Unavailable | Unavailable | Inputs & filingsrevenue: No unambiguous matching annual USD fact; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 24728258 periodEndShares (2021-03-30) |
| 2018-12-31 | Unavailable | Unavailable | Inputs & filingsrevenue: No unambiguous matching annual USD fact; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date Source unavailable |
Annual returns and cash generation (%)
Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.
| Fiscal end | FCF margin (%) | FCF / net income (%) | ROCE (%) | Inputs & filing sources |
|---|---|---|---|---|
| 2025-12-31 | -95.37 | Unavailable | -76.24 | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":-167004000,"capex":{"accession":"0001193125-26-073379","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-26-073379","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":175110000,"tag":"Revenues","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-073379","form":"10-K"},"netIncome":{"value":-221247000,"tag":"ProfitLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-073379","form":"10-K"},"operatingIncome":{"value":-159986000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-073379","form":"10-K"},"openingAssets":{"value":378318000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-073379","form":"10-K"},"openingCurrentLiabilities":{"value":85728000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-073379","form":"10-K"},"openingCapitalEmployed":{"value":292590000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-253580000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-073379","form":"10-K"},"openingTotalEquity":{"value":-253580000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":631898000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-073379","form":"10-K"},"openingCash":{"value":297263000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-073379","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -95.37090971389412; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -76.23917368565267 fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26) roce component 1 (2026-02-26) · roce component 2 (2026-02-26) · roce component 3 (2026-02-26) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26) |
| 2024-12-31 | -483.07 | Unavailable | -83.12 | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":-266905000,"capex":{"accession":"0001193125-26-073379","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-26-073379","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":55252000,"tag":"Revenues","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-073379","form":"10-K"},"netIncome":{"value":-334326000,"tag":"ProfitLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-073379","form":"10-K"},"operatingIncome":{"value":-277467000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-073379","form":"10-K"},"openingAssets":{"value":413842000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-06","accession":"0000950170-25-034183","form":"10-K"},"openingCurrentLiabilities":{"value":38781000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-06","accession":"0000950170-25-034183","form":"10-K"},"openingCapitalEmployed":{"value":375061000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-72759000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-26","accession":"0001193125-26-073379","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":486601000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-06","accession":"0000950170-25-034183","form":"10-K"},"openingCash":{"value":381393000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-06","accession":"0000950170-25-034183","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -483.068486208644; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -83.11737719257516 fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26) roce component 1 (2026-02-26) · roce component 2 (2025-03-06) · roce component 3 (2025-03-06) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26) |
| 2023-12-31 | -20,412.61 | Unavailable | -65.15 | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":-139214000,"capex":{"accession":"0000950170-25-034183","end":"2023-12-31","filed":"2025-03-06","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0000950170-25-034183","end":"2023-12-31","filed":"2025-03-06","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":682000,"tag":"Revenues","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-06","accession":"0000950170-25-034183","form":"10-K"},"netIncome":{"value":-201592000,"tag":"ProfitLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-06","accession":"0000950170-25-034183","form":"10-K"},"operatingIncome":{"value":-167312000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2025-03-06","accession":"0000950170-25-034183","form":"10-K"},"openingAssets":{"value":164810000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-06-14","accession":"0000950170-24-073629","form":"10-K/A"},"openingCurrentLiabilities":{"value":26237000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-06-14","accession":"0000950170-24-073629","form":"10-K/A"},"openingCapitalEmployed":{"value":138573000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-74814000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-03-06","accession":"0000950170-25-034183","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":239624000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-06-14","accession":"0000950170-24-073629","form":"10-K/A"},"openingCash":{"value":155385000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-06-14","accession":"0000950170-24-073629","form":"10-K/A"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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| 2020-12-31 | Unavailable | Unavailable | -50.98 | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":-70728000,"capex":{"accession":"0000950170-22-002536","end":"2020-12-31","filed":"2022-03-01","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0000950170-22-002536","end":"2020-12-31","filed":"2022-03-01","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":-129068000,"tag":"ProfitLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2022-03-01","accession":"0000950170-22-002536","form":"10-K"},"operatingIncome":{"value":-125665000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2022-03-01","accession":"0000950170-22-002536","form":"10-K"},"openingAssets":{"value":257178000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","form":"10-K"},"openingCurrentLiabilities":{"value":3748000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","form":"10-K"},"openingCapitalEmployed":{"value":253430000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":227955000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-03-01","accession":"0000950170-22-002536","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":29223000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","form":"10-K"},"openingCash":{"value":243765000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0000950170-22-002536","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-129068000,"tag":"NetIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2022-03-01","accession":"0000950170-22-002536","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2022-03-01","accession":"0000950170-22-002536","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":246508500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: No unambiguous matching annual USD fact; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -50.97795816371443 fcfMargin component 1 (2022-03-01) · fcfMargin component 2 (2022-03-01)cashConversion component 1 (2022-03-01) · cashConversion component 2 (2022-03-01) · cashConversion component 3 (2022-03-01) roce component 1 (2022-03-01) · roce component 2 (2021-03-30) · roce component 3 (2021-03-30) · roce component 4 (2022-03-01) · roce component 5 (2022-03-01) |
| 2019-12-31 | Unavailable | Unavailable | Unavailable | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":-36642000,"capex":{"accession":"0001564590-21-016682","end":"2019-12-31","filed":"2021-03-30","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001564590-21-016682","end":"2019-12-31","filed":"2021-03-30","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":-255131000,"tag":"ProfitLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","form":"10-K"},"operatingIncome":{"value":-106215000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","form":"10-K"},"openingAssets":{"value":902000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","form":"10-K"},"openingCurrentLiabilities":{"value":2188000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","form":"10-K"},"openingCapitalEmployed":{"value":-1286000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-1286000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","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":2188000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","form":"10-K"},"openingCash":{"value":879000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","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 2018-12-31"},"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":257178000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","form":"10-K"},"closingCurrentLiabilities":{"value":3748000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","form":"10-K"},"closingCapitalEmployed":{"value":253430000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":227955000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-03-01","accession":"0000950170-22-002536","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":29223000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","form":"10-K"},"closingCash":{"value":243765000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","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 2019-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-255131000,"tag":"NetIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","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: No unambiguous matching annual USD fact; 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; nonpositive: openingCapitalEmployed fcfMargin component 1 (2021-03-30) · fcfMargin component 2 (2021-03-30)cashConversion component 1 (2021-03-30) · cashConversion component 2 (2021-03-30) · cashConversion component 3 (2021-03-30) roce component 1 (2021-03-30) · roce component 2 (2020-03-19) · roce component 3 (2020-03-19) · roce component 4 (2021-03-30) · roce component 5 (2021-03-30) |
| 2018-12-31 | Unavailable | Unavailable | Unavailable | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":-1288000,"tag":"ProfitLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","form":"10-K"},"operatingIncome":{"value":-1225000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","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 2017-12-31"},"openingParentEquity":{"value":0,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","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 2017-12-31"},"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":902000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","form":"10-K"},"closingCurrentLiabilities":{"value":2188000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","form":"10-K"},"closingCapitalEmployed":{"value":-1286000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-1286000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2021-03-30","accession":"0001564590-21-016682","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":2188000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","form":"10-K"},"closingCash":{"value":879000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2018-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":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":-1288000,"tag":"NetIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2020-03-19","accession":"0001564590-20-011712","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; nonpositive: closingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2017-12-31 cashConversion component 1 (2020-03-19)roce component 1 (2020-03-19) · roce component 2 (2020-03-19) · roce component 3 (2020-03-19) |
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 end | Revenue (USD) | Operating margin (%) | Net margin (%) | Inputs & filing sources |
|---|---|---|---|---|
| 2025-12-31 | 175,110,000.00 | -91.36 | -126.35 | Inputs & filingsrevenue: 175110000; operatingIncome: -159986000; netIncome: -221247000 revenue (2026-02-26)operatingIncome (2026-02-26) netIncome (2026-02-26) |
| 2024-12-31 | 55,252,000.00 | -502.18 | -605.09 | Inputs & filingsrevenue: 55252000; operatingIncome: -277467000; netIncome: -334326000 revenue (2026-02-26)operatingIncome (2026-02-26) netIncome (2026-02-26) |
| 2023-12-31 | 682,000.00 | -24,532.55 | -29,558.94 | Inputs & filingsrevenue: 682000; operatingIncome: -167312000; netIncome: -201592000 revenue (2025-03-06)operatingIncome (2025-03-06) netIncome (2025-03-06) |
| 2022-12-31 | 0.00 | Unavailable | Unavailable | Inputs & filingsrevenue: 0; operatingIncome: -172440000; netIncome: -197723000 revenue (2024-06-14)operatingIncome (2024-06-14) netIncome (2024-06-14) |
| 2021-12-31 | Unavailable | Unavailable | Unavailable | Inputs & filingsrevenue: No unambiguous matching annual USD fact; operatingIncome: -135080000; netIncome: -143883000 operatingIncome (2023-02-28)netIncome (2023-02-28) |
| 2020-12-31 | Unavailable | Unavailable | Unavailable | Inputs & filingsrevenue: No unambiguous matching annual USD fact; operatingIncome: -125665000; netIncome: -129068000 operatingIncome (2022-03-01)netIncome (2022-03-01) |
| 2019-12-31 | Unavailable | Unavailable | Unavailable | Inputs & filingsrevenue: No unambiguous matching annual USD fact; operatingIncome: -106215000; netIncome: -255131000 operatingIncome (2021-03-30)netIncome (2021-03-30) |
| 2018-12-31 | Unavailable | Unavailable | Unavailable | Inputs & filingsrevenue: No unambiguous matching annual USD fact; operatingIncome: -1225000; netIncome: -1288000 operatingIncome (2020-03-19)netIncome (2020-03-19) |
Phathom Pharmaceuticals, Inc. (PHAT) P/E ratio history
The interactive P/E chart contains all 364 stored weekly price points (2019-10-25–2026-10-08); 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 (8 fiscal periods)
| Fiscal end | Price date | Close | Price basis | Basic P/E | Diluted P/E | EPS filings |
|---|---|---|---|---|---|---|
| 2025-12-31 | 2025-12-26 | 17.56 | Adjusted close | Unavailable | Unavailable | Basic EPS (2026-02-26) Diluted EPS (2026-02-26) |
| 2024-12-31 | 2024-12-27 | 8.18 | Adjusted close | Unavailable | Unavailable | Basic EPS (2026-02-26) Diluted EPS (2026-02-26) |
| 2023-12-31 | 2023-12-29 | 9.13 | Adjusted close | Unavailable | Unavailable | Basic EPS (2025-03-06) Diluted EPS (2025-03-06) |
| 2022-12-31 | 2022-12-30 | 11.22 | Adjusted close | Unavailable | Unavailable | Basic EPS (2024-06-14) Diluted EPS (2024-06-14) |
| 2021-12-31 | 2021-12-31 | 19.67 | Adjusted close | Unavailable | Unavailable | Basic EPS (2023-02-28) Diluted EPS (2023-02-28) |
| 2020-12-31 | 2020-12-31 | 33.22 | Adjusted close | Unavailable | Unavailable | Source unavailable |
| 2019-12-31 | 2019-12-27 | 33.00 | Adjusted close | Unavailable | Unavailable | Source unavailable |
| 2018-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Source unavailable |
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