Angel Studios, Inc. (ANGX) Key Metrics
ANGX valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $629.4M
- Enterprise value
- $934.8M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 1.5
- Price / book
- 507.7
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- −0.01
ANGX key metrics, 2021–2025
Fiscal year ended December 31, 2025 · U.S. dollarsANGX returns How much profit the business earns on the capital it uses.
ANGX per-share figures Results divided by the shares outstanding at year-end.
ANGX financial health Debt, liquidity and how easily interest is covered.
ANGX efficiency & capital use Working capital cycle and where the cash goes.
ANGX valuation history
ANGX returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ANGX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ANGX cash returned to shareholders
ANGX price vs earnings per share
ANGX key metrics
2021–2025| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Valuation | |||||
| Market capitalization | $725.0M | — | — | — | — |
| Enterprise value | $781.4M | — | — | — | — |
| Price / sales | 2.3 | — | — | — | — |
| EV / sales | 2.4 | — | — | — | — |
| Earnings yield | −23.5% | — | — | — | — |
| Free cash flow yield | −14.1% | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.1% | — | — | — | — |
| Share price at fiscal year-end | $4.67 | — | — | — | — |
| Per share | |||||
| Revenue per share | $2.07 | $0.70 | — | — | — |
| Earnings per share | −$1.10 | −$0.64 | — | — | — |
| Operating cash flow per share | −$0.54 | −$0.44 | — | — | — |
| Free cash flow per share | −$0.66 | −$0.44 | — | — | — |
| Cash per share | $0.28 | $0.05 | — | — | — |
| Book value per share | −$0.20 | −$0.03 | — | — | — |
| Tangible book value per share | −$0.35 | −$0.06 | — | — | — |
| Capex per share | $0.12 | $0.00 | — | — | — |
| Debt per share | $0.65 | $0.10 | — | — | — |
| Shares outstanding | 155.3M | 138.0M | — | — | — |
| Change in shares outstanding | +12.5% | — | — | — | — |
| Returns & profitability | |||||
| Return on equity (ROE) | — | — | 43.2% | −11.8% | 8.1% |
| Return on invested capital (ROIC) | −936.4% | −600.6% | 69.9% | −10.2% | 4.4% |
| Return on assets (ROA) | −100.3% | −89.7% | 19.4% | −9.9% | 7.2% |
| Return on tangible assets | −78.2% | −93.0% | 14.1% | −38.0% | 7.2% |
| Free cash flow margin | −31.7% | −62.7% | 2.6% | −16.9% | 0.6% |
| Income quality (OCF / net income) | — | — | 1.14 | — | 0.05 |
| Financial health | |||||
| Total debt | $100.5M | $14.3M | $5.5M | $4.0M | — |
| Cash & short-term investments | $44.1M | $7.2M | $25.2M | $10.7M | $2.0M |
| Net debt | $56.4M | $7.1M | −$19.7M | −$6.7M | −$2.0M |
| Debt / equity | — | — | 0.14 | 0.18 | — |
| Debt / assets | 0.42 | 0.14 | 0.06 | 0.10 | — |
| Net debt / EBITDA | — | — | −1.05 | — | −0.20 |
| Current ratio | 0.62 | 0.66 | 1.47 | 1.94 | 1.99 |
| Quick ratio | 0.61 | 0.64 | 1.41 | 1.90 | 1.99 |
| Interest coverage | -13.9 | -36.7 | 3.4 | -20.7 | 15.9 |
| Working capital | −$84.1M | −$27.1M | $20.9M | $10.8M | $1.0M |
| Invested capital | $25.0M | $2.7M | $20.1M | $15.3M | $208.4M |
| Tangible asset value | −$49.2M | $223,628 | $36.3M | $18.7M | $210.3M |
| Net current asset value | −$132.3M | −$41.7M | $6.5M | $4.8M | −$24.3M |
| Graham net-net per share | −$1.13 | −$0.44 | — | — | — |
| Capital allocation | |||||
| Share buybacks (net) | $437,791 | $706,645 | $107,073 | $427,217 | — |
| Dividends + buybacks / free cash flow | — | — | 2.0% | — | — |
| Capex / revenue | 5.8% | 0.3% | 4.9% | 1.5% | 0.0% |
| Capex / operating cash flow | — | — | 64.8% | — | 0.0% |
| Capex / depreciation | 1.21 | 0.04 | 1.55 | 1.01 | 0.00 |
| Stock-based compensation / revenue | 3.0% | 3.8% | 0.5% | 2.0% | — |
| R&D / revenue | 4.8% | 13.3% | 4.8% | 16.3% | 4.0% |
| SG&A / revenue | 107.4% | 130.6% | 46.6% | 42.5% | 23.0% |
| Efficiency | |||||
| Days sales outstanding | 55.1 | 127.8 | 37.9 | 22.9 | 0.2 |
| Days of inventory on hand | 4.3 | 18.7 | 7.1 | 4.5 | — |
| Days payables outstanding | 70.0 | 45.7 | 8.9 | 9.2 | — |
| Cash conversion cycle (days) | -10.6 | 100.9 | 36.1 | 18.2 | — |
| Receivables turnover | 6.63 | 2.86 | 9.62 | 15.96 | 1,469.15 |
| Payables turnover | 5.21 | 7.99 | 41.08 | 39.64 | — |
| Inventory turnover | 83.92 | 19.48 | 51.45 | 80.67 | — |
| Asset turnover | 1.89 | 0.98 | 2.94 | 0.55 | 0.52 |
| Average receivables | $48.5M | $33.8M | $21.0M | $4.7M | $83,581 |
| Average payables | $23.9M | $5.5M | $2.1M | $1.0M | — |
| Average inventory | $1.5M | $2.3M | $1.7M | $500,680 | — |
| Intangibles / total assets | 9.7% | 3.7% | 3.4% | 8.3% | 0.0% |
Computed from ANGX's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ANGX valuation and financial ratios
Angel Studios earned a return on invested capital of −936.4% in fiscal 2025. It ended the year with $100.5 million of debt and $44.1 million in cash and short-term investments, net debt of $56.4 million. It returned $0.4 million to shareholders: $0 in dividends and $0.4 million in share buybacks.
See the ANGX income statement, the ANGX chart for price history, or the ANGX stock overview for the latest quote and news.
ANGX key metrics FAQ
What is Angel Studios's ROIC?
Angel Studios's return on invested capital was −936.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Angel Studios have?
Angel Studios had total debt of $100.5 million at the end of fiscal 2025.
Does Angel Studios buy back its shares?
Yes. Angel Studios spent $0.4 million on net share repurchases in fiscal 2025 Shares outstanding changed +12.5% over the year, to 155.3M..
What is Angel Studios's free cash flow yield?
Angel Studios generated -$101.9 million of free cash flow in fiscal 2025, a free cash flow yield of −14.1% on its market value at year-end ($725.0 million).
What is Angel Studios's current ratio?
Angel Studios's current ratio was 0.62 at the end of fiscal 2025: current assets were 0.62 times current liabilities.