Indivior PLC (INDV) Key Metrics
INDV valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $3.83B
- Enterprise value
- $4.52B
- P/E (TTM)
- 11.6 10-yr median 21.9
- Forward P/E
- 9.5
- PEG ratio
- —
- Price / sales
- 2.9 10-yr median 2.4
- Price / book
- 145.2 10-yr median 13.1
- EV / EBITDA
- 10.3 10-yr median 12.1
- Dividend yield
- —
- Beta
- 1.18
INDV key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsINDV valuation Price multiples at each fiscal year-end price.
INDV returns How much profit the business earns on the capital it uses.
INDV per-share figures Results divided by the shares outstanding at year-end.
INDV financial health Debt, liquidity and how easily interest is covered.
INDV efficiency & capital use Working capital cycle and where the cash goes.
INDV valuation history
INDV returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
INDV debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
INDV cash returned to shareholders
INDV price vs earnings per share
INDV key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.59B | $1.65B | $2.17B | $3.02B | $2.66B | $1.07B | $392.8M | $1.01B | $4.12B | $2.64B |
| Enterprise value | $4.75B | $1.71B | $2.04B | $2.40B | $1.84B | $500.6M | −$374.2M | $331.0M | $3.73B | $2.48B |
| P/E ratio | 21.9 | 826.6 | — | — | 13.0 | — | 2.9 | 3.9 | 67.6 | 82.3 |
| Price / sales | 3.7 | 1.4 | 2.0 | 3.4 | 3.4 | 1.7 | 0.5 | 1.1 | 3.6 | 2.7 |
| Price / book | — | — | — | 59.0 | 13.1 | 13.1 | 1.9 | 15.4 | — | — |
| Price / free cash flow | — | 330.6 | — | — | 8.3 | — | 2.7 | 3.9 | 16.3 | 7.1 |
| Price / operating cash flow | — | 45.9 | — | — | 7.5 | — | 2.6 | 3.3 | 14.0 | 6.5 |
| EV / sales | 3.8 | 1.4 | 1.9 | 2.7 | 2.3 | 0.8 | -0.5 | 0.3 | 3.3 | 2.6 |
| EV / EBITDA | 15.6 | 20.6 | — | — | 7.7 | — | — | 1.1 | 8.5 | 16.6 |
| EV / free cash flow | — | 341.6 | — | — | 5.8 | — | — | 1.3 | 14.8 | 6.7 |
| Earnings yield | 4.6% | 0.1% | −6.0% | −1.5% | 7.7% | −13.8% | 34.1% | 25.9% | 1.5% | 1.2% |
| Free cash flow yield | −2.0% | 0.3% | −16.3% | −0.3% | 12.0% | −18.3% | 36.7% | 25.8% | 6.1% | 14.1% |
| Dividend yield | — | — | — | — | — | — | — | — | — | 2.6% |
| Shareholder yield (dividends + buybacks) | 0.2% | 10.5% | 1.5% | 3.0% | 3.8% | 0.0% | — | — | — | 2.6% |
| Share price at fiscal year-end | $35.88 | $12.43 | $15.27 | $21.75 | $17.25 | $7.33 | $2.60 | $6.75 | $27.50 | $17.75 |
| Per share | ||||||||||
| Revenue per share | $9.68 | $8.93 | $7.71 | $6.48 | $5.13 | $4.41 | $5.20 | $6.39 | $7.67 | $6.52 |
| Earnings per share | $1.64 | $0.02 | −$0.91 | −$0.32 | $1.33 | −$1.01 | $0.89 | $1.75 | $0.41 | $0.22 |
| Operating cash flow per share | −$0.21 | $0.27 | −$2.12 | −$0.03 | $2.29 | −$1.32 | $1.00 | $2.02 | $1.97 | $2.74 |
| Free cash flow per share | −$0.73 | $0.04 | −$2.49 | −$0.06 | $2.07 | −$1.34 | $0.95 | $1.74 | $1.68 | $2.50 |
| Cash per share | $1.52 | $2.41 | $2.89 | $6.46 | $7.15 | $5.85 | $7.02 | $6.15 | $5.77 | $4.66 |
| Book value per share | −$0.77 | −$2.62 | −$1.35 | $0.37 | $1.32 | $0.56 | $1.38 | $0.44 | −$1.36 | −$1.98 |
| Tangible book value per share | −$0.80 | −$2.67 | −$1.47 | −$0.13 | $0.78 | $0.14 | $0.91 | $0.44 | −$1.36 | −$1.98 |
| Dividends per share | — | — | — | — | — | — | — | — | — | $0.46 |
| Capex per share | $0.52 | $0.23 | $0.37 | $0.04 | $0.22 | $0.03 | $0.05 | $0.27 | $0.29 | $0.24 |
| Debt per share | $2.74 | $2.82 | $2.00 | $1.99 | $1.85 | $1.94 | $1.94 | $1.60 | $3.22 | $3.60 |
| Shares outstanding | 128.0M | 133.0M | 141.8M | 139.0M | 154.2M | 146.6M | 151.1M | 150.2M | 149.7M | 148.6M |
| Change in shares outstanding | −3.8% | −6.2% | +2.0% | −9.9% | +5.2% | −3.0% | +0.6% | +0.4% | +0.7% | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | — | — | — | −34.6% | 143.9% | −101.7% | 97.5% | — | — | — |
| Return on assets (ROA) | 16.6% | 0.1% | −7.3% | −2.4% | 12.2% | −9.3% | 8.4% | 17.6% | 4.6% | 2.7% |
| Return on tangible assets | 17.5% | 0.2% | −7.4% | −2.6% | 11.7% | −10.1% | 8.5% | 17.0% | 4.2% | 2.7% |
| Free cash flow margin | −7.6% | 0.4% | −32.3% | −1.0% | 40.3% | −30.4% | 18.3% | 27.3% | 21.9% | 38.4% |
| Income quality (OCF / net income) | −0.13 | 18.00 | — | — | 1.72 | — | 1.13 | 1.15 | 4.84 | 12.70 |
| Financial health | ||||||||||
| Total debt | $351.0M | $375.0M | $283.0M | $277.0M | $286.0M | $285.0M | $293.0M | $241.0M | $482.0M | $535.0M |
| Cash & short-term investments | $195.0M | $320.0M | $410.0M | $897.8M | $1.10B | $858.0M | $1.06B | $924.0M | $863.0M | $692.0M |
| Net debt | $156.0M | $55.0M | −$127.0M | −$620.8M | −$816.0M | −$573.0M | −$767.0M | −$683.0M | −$381.0M | −$157.0M |
| Debt / equity | — | — | — | 5.40 | 1.41 | 3.48 | 1.40 | 3.65 | — | — |
| Debt / assets | 0.29 | 0.28 | 0.16 | 0.16 | 0.16 | 0.19 | 0.18 | 0.16 | 0.33 | 0.44 |
| Net debt / EBITDA | 0.51 | 0.66 | — | — | −3.43 | — | −3.33 | −2.20 | −0.87 | −1.05 |
| Current ratio | 0.71 | 0.89 | 0.98 | 1.24 | 1.80 | 1.98 | 1.83 | 1.62 | 1.43 | 0.96 |
| Quick ratio | 0.55 | 0.70 | 0.88 | 1.12 | 1.68 | 1.83 | 1.73 | 1.53 | 1.37 | 0.92 |
| Interest coverage | 5.9 | 0.8 | -4.5 | -2.8 | 8.2 | -6.5 | 8.1 | 10.2 | 8.6 | 6.6 |
| Working capital | −$262.0M | −$100.0M | −$24.0M | $241.3M | $640.0M | $588.0M | $618.0M | $511.0M | $371.0M | −$40.0M |
| Invested capital | $58.0M | −$293.0M | −$318.0M | −$569.5M | −$613.0M | −$491.0M | −$558.0M | −$617.0M | −$584.0M | −$452.0M |
| Tangible asset value | −$102.0M | −$355.0M | −$209.0M | −$18.7M | $121.0M | $20.0M | $137.0M | $66.0M | −$203.0M | −$295.0M |
| Net current asset value | −$650.0M | −$828.0M | −$690.0M | −$461.5M | −$185.0M | −$262.0M | −$83.0M | −$152.0M | −$422.0M | −$514.0M |
| Graham number | — | — | — | — | $6.27 | — | $5.25 | $4.16 | — | — |
| Graham net-net per share | −$6.56 | −$8.03 | −$9.08 | −$4.37 | −$2.13 | −$2.59 | −$1.28 | −$2.06 | −$3.78 | −$4.29 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | — | $69.0M |
| Share buybacks (net) | $11.0M | $173.0M | $33.0M | $90.0M | $101.0M | $0 | — | — | — | — |
| Dividend payout ratio | — | — | — | — | — | — | — | — | — | 215.3% |
| Dividends + buybacks / free cash flow | — | — | — | — | 31.7% | — | — | — | — | 18.5% |
| Capex / revenue | 5.4% | 2.6% | 4.8% | 0.6% | 4.3% | 0.6% | 0.9% | 4.3% | 3.7% | 3.6% |
| Capex / operating cash flow | — | 86.1% | — | — | 9.6% | — | 4.6% | 13.5% | 14.6% | 8.6% |
| Capex / depreciation | 3.35 | 1.11 | 3.53 | 0.31 | 1.55 | 0.15 | 0.25 | 2.56 | 3.31 | 2.50 |
| Stock-based compensation / revenue | 2.1% | 2.0% | 1.9% | 1.8% | 1.4% | 1.2% | 0.4% | 1.6% | 1.4% | 1.0% |
| R&D / revenue | 7.8% | 9.0% | 10.6% | 8.2% | 6.6% | 6.2% | 6.8% | 6.7% | 8.1% | 11.2% |
| SG&A / revenue | 51.2% | 52.0% | 52.1% | 52.1% | 30.2% | 100.3% | 50.3% | — | — | — |
| Efficiency | ||||||||||
| Days sales outstanding | 75.0 | 78.0 | 79.1 | 85.5 | 97.1 | 119.3 | 112.1 | 101.7 | 73.4 | 77.2 |
| Days of inventory on hand | 245.6 | 247.3 | 261.8 | 253.3 | 270.2 | 312.3 | 196.8 | 176.2 | 138.1 | 135.1 |
| Days payables outstanding | 82.3 | 80.6 | 75.5 | 71.3 | 635.2 | 1,721.5 | 711.8 | 117.9 | 108.4 | 108.7 |
| Cash conversion cycle (days) | 238.2 | 244.7 | 265.4 | 267.5 | -267.9 | -1,289.9 | -402.9 | 160.0 | 103.1 | 103.6 |
| Receivables turnover | 4.87 | 4.68 | 4.61 | 4.27 | 3.76 | 3.06 | 3.26 | 3.59 | 4.97 | 4.73 |
| Payables turnover | 4.43 | 4.53 | 4.83 | 5.12 | 0.57 | 0.21 | 0.51 | 3.10 | 3.37 | 3.36 |
| Inventory turnover | 1.49 | 1.48 | 1.39 | 1.44 | 1.35 | 1.17 | 1.85 | 2.07 | 2.64 | 2.70 |
| Asset turnover | 0.98 | 0.77 | 0.62 | 0.50 | 0.47 | 0.41 | 0.49 | 0.64 | 0.87 | 0.80 |
| Average receivables | $254.5M | $254.0M | $237.0M | $211.0M | $210.5M | $211.5M | $241.0M | $267.5M | $231.0M | $205.0M |
| Average payables | $55.5M | $51.0M | $36.0M | $29.5M | $221.0M | $457.5M | $273.0M | $43.5M | $36.5M | $33.0M |
| Average inventory | $165.5M | $156.5M | $124.8M | $104.8M | $94.0M | $83.0M | $75.5M | $65.0M | $46.5M | $41.0M |
| Intangibles / total assets | 0.3% | 0.5% | 1.0% | 3.9% | 4.5% | 4.0% | 4.4% | 0.0% | 0.0% | 0.0% |
Computed from INDV's annual financial statements (latest annual report filed February 26, 2026) 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.
INDV valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Indivior traded at 21.9 times earnings, against a 10-year median of 21.9. Based on the latest twelve months, the trailing P/E is 11.6 and the forward P/E is 9.5. It ended the year with $351.0 million of debt and $195.0 million in cash and short-term investments, net debt of $156.0 million. It returned $11.0 million to shareholders: $0 in dividends and $11.0 million in share buybacks. The share count fell 13.9% from 148.6M to 128.0M over 9 years.
See the INDV income statement, the INDV chart for price history, or the INDV stock overview for the latest quote and news.
INDV key metrics FAQ
What is Indivior's P/E ratio?
Indivior's trailing P/E ratio is 11.6 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 9.5. At the end of fiscal 2025 it was 21.9, compared with a 10-year median of 21.9.
What is Indivior's EV/EBITDA?
Indivior's enterprise value was 15.6 times EBITDA at the end of fiscal 2025 (enterprise value $4.7 billion, EBITDA $304.0 million); the current EV/EBITDA is 10.3.
How much debt does Indivior have?
Indivior had total debt of $351.0 million at the end of fiscal 2025 and $156.0 million of net debt (0.51 times EBITDA).
Does Indivior buy back its shares?
Yes. Indivior spent $11.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −3.8% over the year, to 128.0M..
What is Indivior's free cash flow yield?
Indivior generated -$94.0 million of free cash flow in fiscal 2025, a free cash flow yield of −2.0% on its market value at year-end ($4.6 billion).
What is Indivior's current ratio?
Indivior's current ratio was 0.71 at the end of fiscal 2025: current assets were 0.71 times current liabilities.