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Annual data and sources

Relay Therapeutics, Inc. (RLAY) · Nasdaq · USD · Sector unavailable · CIK 0001812364

Annual coverage: 2019-12-31–2025-12-31 (7 periods). Financial snapshot built 2026-10-09.

RLAY 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 Relay Therapeutics, Inc.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
-1.61-1.61UnavailableUnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2024
2024-12-31
-2.36-2.36UnavailableUnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2023
2023-12-31
-2.79-2.79UnavailableUnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2022
2022-12-31
-2.59-2.59-2.13UnavailableUnavailableBasic EPS (2025-02-26)
Diluted EPS (2025-02-26)
Operating cash flow (2025-02-26) · Capex (2025-02-26)
2021
2021-12-31
-3.82-3.82-0.82UnavailableUnavailableBasic EPS (2024-02-22)
Diluted EPS (2024-02-22)
Operating cash flow (2024-02-22) · Capex (2024-02-22)
2020
2020-12-31
-5.40-5.40-2.45UnavailableUnavailableBasic EPS (2023-02-23)
Diluted EPS (2023-02-23)
Operating cash flow (2023-02-23) · Capex (2023-02-23)
2019
2019-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2022-02-24) · Capex (2022-02-24)

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
2025-12-31UnavailableUnavailable
Inputs & filings

revenue: 15355000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 173868949

revenue (2026-02-26)
periodEndShares (2026-02-26)
2024-12-31UnavailableUnavailable
Inputs & filings

revenue: 10007000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 167755715

revenue (2026-02-26)
periodEndShares (2026-02-26)
2023-12-31UnavailableUnavailable
Inputs & filings

revenue: 25546000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 127462409

revenue (2026-02-26)
periodEndShares (2025-02-26)
2022-12-310.01Unavailable
Inputs & filings

revenue: 1381000; averageDilutedShares: 112233649; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 121112234

revenue (2025-02-26)
averageDilutedShares (2023-02-23)
periodEndShares (2024-02-22)
2021-12-310.03Unavailable
Inputs & filings

revenue: 3029000; averageDilutedShares: 95136719; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 108210318

revenue (2024-02-22)
averageDilutedShares (2023-02-23)
periodEndShares (2023-02-23)
2020-12-311.94Unavailable
Inputs & filings

revenue: 82654000; averageDilutedShares: 42619582; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 89906835

revenue (2023-02-23)
averageDilutedShares (2023-02-23)
periodEndShares (2022-02-24)
2019-12-31UnavailableUnavailable
Inputs & filings

revenue: 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: 4037476

periodEndShares (2021-03-25)

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
2025-12-31-1,536.08Unavailable-42.75
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-235865000,"capex":{"accession":"0001193125-26-076739","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-26-076739","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":15355000,"tag":"Revenues","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"netIncome":{"value":-276479000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"operatingIncome":{"value":-302738000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"openingAssets":{"value":871296000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"openingCurrentLiabilities":{"value":50729000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"openingCapitalEmployed":{"value":820567000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":777792000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"openingTotalEquity":{"value":777792000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":93504000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"openingCash":{"value":124287000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","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":621331000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"closingCurrentLiabilities":{"value":25578000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"closingCapitalEmployed":{"value":595753000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":567060000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"closingTotalEquity":{"value":567060000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":54271000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"closingCash":{"value":84018000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","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":-276479000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","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":708160000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -1536.0794529469229; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -42.74994351558969

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)
2024-12-31-2,509.49Unavailable-45.58
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-251125000,"capex":{"accession":"0001193125-26-076739","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-26-076739","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":10007000,"tag":"Revenues","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"netIncome":{"value":-337708000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"operatingIncome":{"value":-372468000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"openingAssets":{"value":843980000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0000950170-25-027756","form":"10-K"},"openingCurrentLiabilities":{"value":30269000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0000950170-25-027756","form":"10-K"},"openingCapitalEmployed":{"value":813711000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":752003000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","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":91977000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0000950170-25-027756","form":"10-K"},"openingCash":{"value":143736000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0000950170-25-027756","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":871296000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"closingCurrentLiabilities":{"value":50729000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"closingCapitalEmployed":{"value":820567000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":777792000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"closingTotalEquity":{"value":777792000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":93504000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"closingCash":{"value":124287000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","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":-337708000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","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":817139000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -2509.493354651744; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -45.581963411365756

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2025-02-26) · roce component 3 (2025-02-26) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26)
2023-12-31-1,191.74Unavailable-40.33
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-304442000,"capex":{"accession":"0001193125-26-076739","end":"2023-12-31","filed":"2026-02-26","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-26-076739","end":"2023-12-31","filed":"2026-02-26","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":25546000,"tag":"Revenues","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"netIncome":{"value":-341973000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"operatingIncome":{"value":-373000000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"openingAssets":{"value":1099771000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-22","accession":"0000950170-24-018797","form":"10-K"},"openingCurrentLiabilities":{"value":63709000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-22","accession":"0000950170-24-018797","form":"10-K"},"openingCapitalEmployed":{"value":1036062000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":950218000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","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":149553000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-22","accession":"0000950170-24-018797","form":"10-K"},"openingCash":{"value":151794000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-22","accession":"0000950170-24-018797","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":843980000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0000950170-25-027756","form":"10-K"},"closingCurrentLiabilities":{"value":30269000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0000950170-25-027756","form":"10-K"},"closingCapitalEmployed":{"value":813711000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":752003000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","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":91977000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0000950170-25-027756","form":"10-K"},"closingCash":{"value":143736000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0000950170-25-027756","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-341973000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001193125-26-076739","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":924886500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -1191.7403898849136; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -40.329272835099225

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2024-02-22) · roce component 3 (2024-02-22) · roce component 4 (2025-02-26) · roce component 5 (2025-02-26)
2022-12-31-17,273.86Unavailable-29.63
Inputs & filings

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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 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":-290509000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0000950170-25-027756","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0000950170-25-027756","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":1010092000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -17273.859522085444; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -29.62848928612443

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 (2023-02-23) · roce component 3 (2023-02-23) · roce component 4 (2024-02-22) · roce component 5 (2024-02-22)
2021-12-31-2,571.05Unavailable-41.20
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-77877000,"capex":{"accession":"0000950170-24-018797","end":"2021-12-31","filed":"2024-02-22","form":"10-K","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0000950170-24-018797","end":"2021-12-31","filed":"2024-02-22","form":"10-K","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":3029000,"tag":"Revenues","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-22","accession":"0000950170-24-018797","form":"10-K"},"netIncome":{"value":-363872000,"tag":"NetIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-22","accession":"0000950170-24-018797","form":"10-K"},"operatingIncome":{"value":-364698000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-22","accession":"0000950170-24-018797","form":"10-K"},"openingAssets":{"value":799829000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-24","accession":"0000950170-22-001978","form":"10-K"},"openingCurrentLiabilities":{"value":13632000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-24","accession":"0000950170-22-001978","form":"10-K"},"openingCapitalEmployed":{"value":786197000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":763293000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-22","accession":"0000950170-24-018797","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":36536000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-24","accession":"0000950170-22-001978","form":"10-K"},"openingCash":{"value":447646000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2023-02-23","accession":"0000950170-23-004123","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -2571.0465500165074; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -41.20138799843418

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)
2020-12-31-126.33Unavailable-9.56
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-104420000,"capex":{"accession":"0000950170-23-004123","end":"2020-12-31","filed":"2023-02-23","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0000950170-23-004123","end":"2020-12-31","filed":"2023-02-23","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":82654000,"tag":"Revenues","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-23","accession":"0000950170-23-004123","form":"10-K"},"netIncome":{"value":-52412000,"tag":"NetIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-23","accession":"0000950170-23-004123","form":"10-K"},"operatingIncome":{"value":-55796000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-23","accession":"0000950170-23-004123","form":"10-K"},"openingAssets":{"value":393068000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-25","accession":"0001564590-21-015518","form":"10-K"},"openingCurrentLiabilities":{"value":11986000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-25","accession":"0001564590-21-015518","form":"10-K"},"openingCapitalEmployed":{"value":381082000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-180438000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-23","accession":"0000950170-23-004123","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":35725000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-25","accession":"0001564590-21-015518","form":"10-K"},"openingCash":{"value":41954000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-02-24","accession":"0000950170-22-001978","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -126.33387373871803; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -9.560010931405431

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 (2021-03-25) · roce component 3 (2021-03-25) · roce component 4 (2022-02-24) · roce component 5 (2022-02-24)
2019-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-74135000,"capex":{"accession":"0000950170-22-001978","end":"2019-12-31","filed":"2022-02-24","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0000950170-22-001978","end":"2019-12-31","filed":"2022-02-24","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":-75305000,"tag":"NetIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-24","accession":"0000950170-22-001978","form":"10-K"},"operatingIncome":{"value":-84048000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-24","accession":"0000950170-22-001978","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 2018-12-31"},"openingParentEquity":{"value":-110927000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-24","accession":"0000950170-22-001978","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 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":393068000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-25","accession":"0001564590-21-015518","form":"10-K"},"closingCurrentLiabilities":{"value":11986000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-25","accession":"0001564590-21-015518","form":"10-K"},"closingCapitalEmployed":{"value":381082000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-180438000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-23","accession":"0000950170-23-004123","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":35725000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-25","accession":"0001564590-21-015518","form":"10-K"},"closingCash":{"value":41954000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-02-24","accession":"0000950170-22-001978","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":212642857,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2019-12-31","filed":"2021-03-25","accession":"0001564590-21-015518","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":-75305000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-24","accession":"0000950170-22-001978","form":"10-K"},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2021-03-25","accession":"0001564590-21-015518","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; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-31

fcfMargin component 1 (2022-02-24) · fcfMargin component 2 (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 (2021-03-25) · roce component 3 (2021-03-25)

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
2025-12-3115,355,000.00-1,971.59-1,800.58
Inputs & filings

revenue: 15355000; operatingIncome: -302738000; netIncome: -276479000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2024-12-3110,007,000.00-3,722.07-3,374.72
Inputs & filings

revenue: 10007000; operatingIncome: -372468000; netIncome: -337708000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2023-12-3125,546,000.00-1,460.11-1,338.66
Inputs & filings

revenue: 25546000; operatingIncome: -373000000; netIncome: -341973000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2022-12-311,381,000.00-21,670.89-21,036.13
Inputs & filings

revenue: 1381000; operatingIncome: -299275000; netIncome: -290509000

revenue (2025-02-26)
operatingIncome (2025-02-26)
netIncome (2025-02-26)
2021-12-313,029,000.00-12,040.21-12,012.94
Inputs & filings

revenue: 3029000; operatingIncome: -364698000; netIncome: -363872000

revenue (2024-02-22)
operatingIncome (2024-02-22)
netIncome (2024-02-22)
2020-12-3182,654,000.00-67.51-63.41
Inputs & filings

revenue: 82654000; operatingIncome: -55796000; netIncome: -52412000

revenue (2023-02-23)
operatingIncome (2023-02-23)
netIncome (2023-02-23)
2019-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: No unambiguous matching annual USD fact; operatingIncome: -84048000; netIncome: -75305000

operatingIncome (2022-02-24)
netIncome (2022-02-24)

Relay Therapeutics, Inc. (RLAY) P/E ratio history

The interactive P/E chart contains all 326 stored weekly price points (2020-07-17–2026-10-08); 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 (7 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
2025-12-312025-12-268.56Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2024-12-312024-12-274.36Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2023-12-312023-12-2911.01Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2022-12-312022-12-3014.94Adjusted closeUnavailableUnavailableBasic EPS (2025-02-26) Diluted EPS (2025-02-26)
2021-12-312021-12-3130.71Adjusted closeUnavailableUnavailableBasic EPS (2024-02-22) Diluted EPS (2024-02-22)
2020-12-312020-12-3141.56Adjusted closeUnavailableUnavailableBasic EPS (2023-02-23) Diluted EPS (2023-02-23)
2019-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable

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