Lantheus Holdings, Inc. (LNTH) Key Metrics
LNTH valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $6.51B
- Enterprise value
- $6.56B
- P/E (TTM)
- 24.1 10-yr median 17.4
- Forward P/E
- 14.3
- PEG ratio
- 0.61
- Price / sales
- 4.2 10-yr median 2.7
- Price / book
- 5.0 10-yr median 5.9
- EV / EBITDA
- 13.9 10-yr median 11.9
- Dividend yield
- —
- Beta
- −0.06
LNTH key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsLNTH valuation Price multiples at each fiscal year-end price.
LNTH returns How much profit the business earns on the capital it uses.
LNTH per-share figures Results divided by the shares outstanding at year-end.
LNTH financial health Debt, liquidity and how easily interest is covered.
LNTH efficiency & capital use Working capital cycle and where the cash goes.
LNTH valuation history
LNTH returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
LNTH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
LNTH cash returned to shareholders
LNTH price vs earnings per share
LNTH key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.55B | $6.41B | $4.35B | $3.60B | $1.95B | $730.3M | $822.7M | $618.2M | $795.3M | $280.8M |
| Enterprise value | $4.82B | $6.12B | $4.26B | $3.77B | $2.04B | $886.6M | $924.2M | $771.2M | $987.2M | $507.8M |
| P/E ratio | 19.5 | 20.5 | 13.3 | 128.3 | — | — | 26.0 | 15.3 | 6.4 | 10.5 |
| Price / sales | 3.0 | 4.2 | 3.4 | 3.9 | 4.6 | 2.2 | 2.4 | 1.8 | 2.4 | 0.9 |
| Price / book | 4.2 | 5.9 | 5.3 | 8.1 | 4.2 | 1.4 | 7.2 | 8.7 | 34.1 | — |
| Price / free cash flow | 12.9 | 13.0 | 16.8 | 13.7 | 46.7 | 186.2 | 14.1 | 15.1 | 21.4 | 6.6 |
| Price / operating cash flow | 11.7 | 11.8 | 14.3 | 12.8 | 36.2 | 44.5 | 10.2 | 10.1 | 14.5 | 5.7 |
| EV / sales | 3.1 | 4.0 | 3.3 | 4.0 | 4.8 | 2.6 | 2.7 | 2.2 | 3.0 | 1.7 |
| EV / EBITDA | 11.9 | 11.9 | 8.7 | 46.1 | — | 39.1 | 16.6 | 9.5 | 12.8 | 6.9 |
| EV / free cash flow | 13.6 | 12.4 | 16.5 | 14.3 | 48.9 | 226.0 | 15.8 | 18.8 | 26.5 | 12.0 |
| Earnings yield | 5.1% | 4.9% | 7.5% | 0.8% | −3.7% | −1.8% | 3.8% | 6.6% | 15.5% | 9.5% |
| Free cash flow yield | 7.8% | 7.7% | 5.9% | 7.3% | 2.1% | 0.5% | 7.1% | 6.6% | 4.7% | 15.0% |
| Dividend yield | — | — | — | — | 0.1% | 0.3% | 0.3% | — | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 6.6% | 1.6% | 0.3% | 2.1% | 0.2% | 0.6% | 0.6% | 0.5% | 0.4% | 0.2% |
| Share price at fiscal year-end | $66.55 | $89.46 | $62.00 | $50.96 | $28.89 | $13.49 | $20.51 | $15.65 | $20.45 | $8.60 |
| Per share | ||||||||||
| Revenue per share | $22.52 | $21.41 | $18.46 | $13.23 | $6.30 | $6.27 | $8.66 | $8.69 | $8.52 | $9.24 |
| Earnings per share | $3.41 | $4.36 | $4.65 | $0.40 | −$1.06 | −$0.25 | $0.79 | $1.03 | $3.17 | $0.82 |
| Operating cash flow per share | $5.70 | $7.60 | $4.35 | $3.99 | $0.80 | $0.30 | $2.00 | $1.55 | $1.41 | $1.52 |
| Free cash flow per share | $5.17 | $6.88 | $3.68 | $3.73 | $0.62 | $0.07 | $1.45 | $1.04 | $0.96 | $1.29 |
| Cash per share | $5.25 | $12.74 | $10.16 | $5.88 | $1.46 | $1.47 | $2.32 | $2.87 | $1.96 | $1.57 |
| Book value per share | $15.92 | $15.18 | $11.62 | $6.33 | $6.88 | $9.50 | $2.86 | $1.80 | $0.60 | −$3.26 |
| Tangible book value per share | $1.86 | $12.07 | $8.58 | $1.00 | $0.81 | $1.47 | $2.28 | $1.17 | −$0.11 | −$4.21 |
| Dividends per share | — | — | — | — | $0.03 | $0.04 | $0.06 | — | $0.00 | $0.00 |
| Capex per share | $0.53 | $0.72 | $0.66 | $0.26 | $0.18 | $0.23 | $0.55 | $0.51 | $0.45 | $0.23 |
| Debt per share | $9.05 | $8.65 | $8.78 | $8.26 | $2.83 | $4.36 | $4.85 | $6.75 | $6.89 | $8.52 |
| Shares outstanding | 68.4M | 71.7M | 70.2M | 70.7M | 67.5M | 54.1M | 40.1M | 39.5M | 38.9M | 32.7M |
| Change in shares outstanding | −4.5% | +2.0% | −0.6% | +4.7% | +24.7% | +35.0% | +1.5% | +1.6% | +19.1% | +33.6% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 21.4% | 32.8% | 51.7% | 6.2% | −14.6% | −4.3% | 34.1% | 85.9% | — | — |
| Return on invested capital (ROIC) | 21.6% | 43.8% | 43.5% | 6.2% | −7.8% | −0.7% | 23.5% | 24.0% | 30.9% | 41.2% |
| Return on assets (ROA) | 11.1% | 17.2% | 22.0% | 2.6% | −8.2% | −2.1% | 7.5% | 9.8% | 38.6% | 10.7% |
| Return on tangible assets | 18.5% | 17.8% | 22.7% | 3.0% | −15.7% | −3.1% | 8.3% | 9.8% | 34.6% | 11.9% |
| Free cash flow margin | 23.0% | 32.1% | 20.0% | 28.2% | 9.8% | 1.2% | 16.8% | 12.0% | 11.2% | 14.0% |
| Income quality (OCF / net income) | 1.67 | 1.74 | 0.93 | 10.04 | — | — | 2.54 | 1.51 | 0.44 | 1.85 |
| Financial health | ||||||||||
| Total debt | $619.4M | $619.4M | $616.9M | $583.5M | $191.3M | $235.9M | $194.4M | $266.5M | $268.1M | $278.1M |
| Cash & short-term investments | $359.1M | $912.8M | $713.7M | $415.7M | $98.5M | $79.6M | $92.9M | $113.4M | $76.3M | $51.2M |
| Net debt | $260.3M | −$293.4M | −$96.7M | $167.9M | $92.8M | $156.3M | $101.5M | $153.1M | $191.9M | $226.9M |
| Debt / equity | 0.57 | 0.57 | 0.76 | 1.30 | 0.41 | 0.46 | 1.70 | 3.75 | 11.51 | — |
| Debt / assets | 0.28 | 0.31 | 0.37 | 0.44 | 0.22 | 0.27 | 0.48 | 0.61 | 0.70 | 1.09 |
| Net debt / EBITDA | 0.64 | −0.57 | −0.20 | 2.05 | — | 6.89 | 1.82 | 1.89 | 2.48 | 3.10 |
| Current ratio | 2.70 | 5.52 | 5.80 | 2.74 | 2.61 | 2.29 | 2.62 | 3.70 | 3.16 | 2.53 |
| Quick ratio | 2.51 | 5.23 | 5.45 | 2.59 | 2.22 | 1.84 | 2.17 | 3.08 | 2.60 | 2.13 |
| Interest coverage | 15.7 | 23.2 | 18.2 | 5.0 | -7.8 | -0.4 | 3.8 | 3.7 | 2.8 | 2.1 |
| Working capital | $566.5M | $1.09B | $898.5M | $429.9M | $145.3M | $103.7M | $106.8M | $142.7M | $101.1M | $67.0M |
| Invested capital | $1.35B | $794.6M | $719.2M | $615.0M | $557.2M | $670.5M | $216.1M | $224.1M | $215.1M | $120.4M |
| Tangible asset value | $127.5M | $865.1M | $602.7M | $70.7M | $54.7M | $79.6M | $91.6M | $46.2M | −$4.2M | −$137.3M |
| Net current asset value | −$237.6M | $434.3M | $250.6M | −$196.5M | −$163.6M | −$171.4M | −$118.4M | −$173.4M | −$212.7M | −$251.6M |
| Graham number | $34.96 | $38.60 | $34.86 | $7.52 | — | — | $7.12 | $6.44 | $6.54 | — |
| Graham net-net per share | −$6.97 | $4.12 | $1.76 | −$3.97 | −$3.20 | −$4.02 | −$3.77 | −$5.22 | −$6.20 | −$8.42 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | $2.0M | $2.1M | $2.5M | — | $0 | $0 |
| Share buybacks (net) | $300.0M | $100.0M | $14.4M | $75.0M | $2.0M | $2.1M | $2.5M | $3.4M | $2.9M | $602,000 |
| Dividend payout ratio | — | — | — | — | — | — | 7.7% | — | 0.0% | 0.0% |
| Dividends + buybacks / free cash flow | 84.7% | 20.3% | 5.6% | 28.5% | 9.8% | 108.6% | 8.4% | 8.2% | 7.7% | 1.4% |
| Capex / revenue | 2.3% | 3.4% | 3.6% | 2.0% | 2.9% | 3.7% | 6.4% | 5.9% | 5.3% | 2.5% |
| Capex / operating cash flow | 9.3% | 9.5% | 15.3% | 6.5% | 22.5% | 76.1% | 27.4% | 32.9% | 32.0% | 14.9% |
| Capex / depreciation | 0.51 | 0.80 | 0.78 | 0.38 | 0.29 | 0.51 | 1.65 | 1.45 | 0.91 | 0.41 |
| Stock-based compensation / revenue | 5.6% | 5.0% | 3.9% | 3.1% | 3.7% | 4.1% | 3.6% | 2.5% | 1.8% | 0.8% |
| R&D / revenue | 11.5% | 11.0% | 6.0% | 33.3% | 10.6% | 9.7% | 5.8% | 5.0% | 5.5% | 4.0% |
| SG&A / revenue | 29.4% | 24.2% | 20.6% | 25.0% | 35.4% | 32.5% | 29.7% | 27.2% | 27.8% | 25.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 80.5 | 72.0 | 70.1 | 59.1 | 61.5 | 52.4 | 45.9 | 44.7 | 42.4 | 44.8 |
| Days of inventory on hand | 40.4 | 44.2 | 30.9 | 36.5 | 54.5 | 59.1 | 65.8 | 64.0 | 47.1 | 37.0 |
| Days payables outstanding | 23.6 | 25.3 | 19.2 | 21.4 | 28.5 | 31.7 | 38.7 | 38.4 | 39.3 | 34.0 |
| Cash conversion cycle (days) | 97.3 | 90.9 | 81.8 | 74.2 | 87.5 | 79.8 | 73.0 | 70.3 | 50.3 | 47.8 |
| Receivables turnover | 4.53 | 5.07 | 5.21 | 6.18 | 5.93 | 6.96 | 7.96 | 8.17 | 8.60 | 8.15 |
| Payables turnover | 15.48 | 14.41 | 19.01 | 17.09 | 12.81 | 11.50 | 9.44 | 9.51 | 9.30 | 10.72 |
| Inventory turnover | 9.04 | 8.26 | 11.80 | 10.01 | 6.70 | 6.18 | 5.55 | 5.70 | 7.74 | 9.87 |
| Asset turnover | 0.73 | 0.84 | 0.87 | 0.86 | 0.49 | 0.53 | 0.82 | 0.83 | 1.04 | 1.21 |
| Average receivables | $339.9M | $302.8M | $248.8M | $151.4M | $71.7M | $48.8M | $43.6M | $42.0M | $38.5M | $37.1M |
| Average payables | $38.7M | $37.9M | $30.9M | $20.7M | $18.5M | $17.4M | $18.3M | $17.7M | $18.2M | $15.3M |
| Average inventory | $66.3M | $66.0M | $49.8M | $35.3M | $35.4M | $32.5M | $31.1M | $29.5M | $21.9M | $16.6M |
| Intangibles / total assets | 43.2% | 11.3% | 12.9% | 28.5% | 47.4% | 50.0% | 5.7% | 5.6% | 7.2% | 12.0% |
Computed from LNTH'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.
LNTH valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Lantheus traded at 19.5 times earnings, against a 10-year median of 17.4. Based on the latest twelve months, the trailing P/E is 24.1 and the forward P/E is 14.3. Lantheus earned a return on equity of 21.4% and a return on invested capital of 21.6% in fiscal 2025. It ended the year with $619.4 million of debt and $359.1 million in cash and short-term investments, net debt of $260.3 million. It returned $300.0 million to shareholders: $0 in dividends and $300.0 million in share buybacks, 85% of free cash flow. The share count rose 109.6% from 32.7M to 68.4M over 9 years.
See the LNTH income statement, the LNTH chart for price history, or the LNTH stock overview for the latest quote and news.
LNTH key metrics FAQ
What is Lantheus's P/E ratio?
Lantheus's trailing P/E ratio is 24.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 14.3. At the end of fiscal 2025 it was 19.5, compared with a 10-year median of 17.4.
What is Lantheus's EV/EBITDA?
Lantheus's enterprise value was 11.9 times EBITDA at the end of fiscal 2025 (enterprise value $4.8 billion, EBITDA $403.6 million); the current EV/EBITDA is 13.9.
What is Lantheus's return on equity?
Lantheus's return on equity (ROE) was 21.4% in fiscal 2025: net income of $233.6 million on average shareholders' equity of $1.1 billion.
What is Lantheus's ROIC?
Lantheus's return on invested capital was 21.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Lantheus have?
Lantheus had total debt of $619.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.57 and $260.3 million of net debt (0.64 times EBITDA).
Does Lantheus buy back its shares?
Yes. Lantheus spent $300.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −4.5% over the year, to 68.4M..
What is Lantheus's free cash flow yield?
Lantheus generated $354.1 million of free cash flow in fiscal 2025, a free cash flow yield of 7.8% on its market value at year-end ($4.6 billion).
What is Lantheus's current ratio?
Lantheus's current ratio was 2.70 at the end of fiscal 2025: current assets were 2.70 times current liabilities.