Viridian Therapeutics, Inc. (VRDN) Key Metrics
VRDN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.16B
- Enterprise value
- $1.79B
- P/E (TTM)
- —
- Forward P/E
- 1.0
- PEG ratio
- —
- Price / sales
- 30.3
- Price / book
- 4.3 10-yr median 2.3
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 1.10
VRDN key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsVRDN valuation Price multiples at each fiscal year-end price.
Price / sales
37.2
2025 · hover or tap a bar for each year
20162025
Price / book+88.6%
3.7
2025 · hover or tap a bar for each year
20162025
Free cash flow yield+7.4 pts
−10.5%
2025 · hover or tap a bar for each year
20162025
VRDN returns How much profit the business earns on the capital it uses.
Return on equity−0.7 pts
−49.2%
2025 · hover or tap a bar for each year
20162025
Return on assets+2.1 pts
−41.7%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin
−390.8%
2025 · hover or tap a bar for each year
20162025
Asset turnover+17,515.8%
0.09
2025 · hover or tap a bar for each year
20162025
VRDN per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+18,679.9%
$0.84
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$4.04
2025 · hover or tap a bar for each year
20162025
Free cash flow per share
−$3.27
2025 · hover or tap a bar for each year
20162025
Book value per share−13.9%
$8.52
2025 · hover or tap a bar for each year
20162025
Shares outstanding+24.9%
84.8M
2025 · hover or tap a bar for each year
20162025
VRDN financial health Debt, liquidity and how easily interest is covered.
Debt / equity+123.5%
0.07
2025 · hover or tap a bar for each year
20162025
Net debt−$127.5M
−$824.0M
2025 · hover or tap a bar for each year
20162025
Current ratio−18.0%
12.65
2025 · hover or tap a bar for each year
20162025
Interest coverage
-73.4
2025 · hover or tap a bar for each year
20162025
Debt / assets+98.4%
0.06
2025 · hover or tap a bar for each year
20162025
VRDN efficiency & capital use Working capital cycle and where the cash goes.
Days payables outstanding+1,058 days
1,703 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue−168.5 pts
0.7%
2025 · hover or tap a bar for each year
20162025
VRDN valuation history
Fiscal year-endToday10-year median
VRDN returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
VRDN debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
VRDN cash returned to shareholders
DividendsBuybacksFree cash flow
VRDN price vs earnings per share
Share price at year-endEPS (right axis)
VRDN key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.64B | $1.30B | $974.8M | $937.3M | — | — | — | — | — | — |
| Enterprise value | $1.82B | $604.9M | $518.5M | $518.0M | — | — | — | — | — | — |
| Price / sales | 37.2 | — | — | 528.9 | — | — | — | — | — | — |
| Price / book | 3.7 | 1.9 | 2.2 | 2.4 | — | — | — | — | — | — |
| EV / sales | 25.6 | — | — | 292.3 | — | — | — | — | — | — |
| Earnings yield | −13.0% | −20.7% | −24.4% | −13.9% | — | — | — | — | — | — |
| Free cash flow yield | −10.5% | −17.9% | −19.0% | −10.1% | — | — | — | — | — | — |
| Dividend yield | — | — | 1.5% | — | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | — | 1.5% | 0.0% | — | — | — | — | — | — |
| Share price at fiscal year-end | $31.12 | $19.17 | $21.78 | $29.21 | $19.77 | $16.45 | $7.20 | $45.45 | $156.45 | $75.15 |
| Per share | ||||||||||
| Revenue per share | $0.84 | $0.00 | $0.01 | $0.06 | — | — | — | — | — | — |
| Earnings per share | −$4.04 | −$3.98 | −$5.31 | −$4.05 | — | — | — | — | — | — |
| Operating cash flow per share | −$3.26 | −$3.42 | −$4.12 | −$2.92 | — | — | — | — | — | — |
| Free cash flow per share | −$3.27 | −$3.43 | −$4.14 | −$2.95 | — | — | — | — | — | — |
| Cash per share | $10.31 | $10.57 | $10.67 | $13.23 | — | — | — | — | — | — |
| Book value per share | $8.52 | $9.89 | $9.88 | $12.31 | — | — | — | — | — | — |
| Tangible book value per share | $8.52 | $9.89 | $9.88 | $12.31 | — | — | — | — | — | — |
| Dividends per share | — | — | $0.32 | — | — | — | — | — | — | — |
| Capex per share | $0.01 | $0.01 | $0.02 | $0.02 | — | — | — | — | — | — |
| Debt per share | $0.60 | $0.31 | $0.47 | $0.16 | — | — | — | — | — | — |
| Shares outstanding | 84.8M | 67.9M | 44.8M | 32.1M | — | — | — | — | — | — |
| Change in shares outstanding | +24.9% | +51.7% | +39.5% | — | — | — | — | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −49.2% | −48.5% | −56.8% | −44.6% | −51.6% | −163.1% | −124.8% | −72.8% | −138.9% | — |
| Return on assets (ROA) | −41.7% | −43.8% | −51.4% | −40.7% | −47.4% | −137.1% | −86.9% | −55.1% | −93.5% | −147.7% |
| Return on tangible assets | −38.1% | −36.4% | −48.5% | −29.8% | −39.0% | −84.4% | −138.4% | −49.4% | −50.5% | −297.6% |
| Free cash flow margin | −390.8% | — | — | — | — | — | −810.1% | −325.4% | −709.8% | −216.8% |
| Financial health | ||||||||||
| Total debt | $50.7M | $21.1M | $21.0M | $5.3M | $1.0M | $455,000 | $8.3M | $10.3M | $9.9M | $1.0M |
| Cash & short-term investments | $874.7M | $717.6M | $477.4M | $424.6M | $197.0M | $127.6M | $26.8M | $62.5M | $47.4M | $3.3M |
| Net debt | −$824.0M | −$696.5M | −$456.3M | −$419.3M | −$195.9M | −$127.2M | −$18.5M | −$52.2M | −$37.5M | −$2.3M |
| Debt / equity | 0.07 | 0.03 | 0.05 | 0.01 | 0.01 | 0.00 | 0.53 | 0.20 | 0.26 | — |
| Debt / assets | 0.06 | 0.03 | 0.04 | 0.01 | 0.01 | 0.00 | 0.27 | 0.16 | 0.19 | 0.25 |
| Current ratio | 12.65 | 15.43 | 18.26 | 12.73 | 14.68 | 12.14 | 2.92 | 9.71 | 13.31 | 0.93 |
| Quick ratio | 12.65 | 15.43 | 18.26 | 12.93 | 14.68 | 12.14 | 2.92 | 9.71 | 13.31 | 0.91 |
| Interest coverage | -73.4 | -98.2 | -137.8 | -276.3 | — | -217.3 | -50.3 | -37.9 | -69.3 | -131.7 |
| Working capital | $823.5M | $690.6M | $459.8M | $391.2M | $186.5M | $118.9M | $19.6M | $58.6M | $48.0M | −$326,000 |
| Invested capital | −$101.8M | −$24.9M | −$14.3M | −$24.2M | −$8.2M | −$7.1M | −$2.8M | −$839,000 | $991,000 | −$2.6M |
| Tangible asset value | $722.2M | $671.6M | $442.0M | $395.1M | $187.7M | $120.0M | $15.8M | $51.3M | $38.5M | −$326,000 |
| Net current asset value | $717.0M | $667.7M | $438.1M | $384.5M | $184.2M | $118.4M | $15.2M | $50.6M | $37.9M | −$326,000 |
| Graham net-net per share | $8.22 | $9.53 | $9.59 | $11.88 | — | — | — | — | — | — |
| Capital allocation | ||||||||||
| Dividends paid | — | — | $14.5M | — | — | $44,000 | — | — | — | — |
| Share buybacks (net) | $0 | — | $0 | $0 | $0 | $44,000 | — | $3.0M | $1.2M | $173,000 |
| Capex / revenue | 0.7% | 169.2% | 286.0% | 45.0% | 11.4% | 4.0% | 1.9% | 5.3% | 6.1% | 0.1% |
| Capex / depreciation | 1.08 | 0.95 | 1.72 | 3.13 | 2.82 | 0.18 | 0.29 | 1.58 | 0.80 | 0.01 |
| Stock-based compensation / revenue | 62.5% | 13,957.0% | 21,392.4% | 1,115.4% | 488.2% | 347.1% | 89.0% | 43.9% | 60.2% | 63.3% |
| R&D / revenue | 478.4% | 78,892.1% | 50,880.6% | 5,693.8% | 1,919.9% | 2,695.6% | 780.0% | 362.8% | 490.2% | 26.6% |
| SG&A / revenue | 134.5% | 20,226.2% | 30,254.5% | 1,985.4% | 870.9% | 1,263.3% | 261.1% | 131.8% | 272.6% | 286.9% |
| Efficiency | ||||||||||
| Days sales outstanding | — | — | 118.6 | 57.0 | 55.6 | — | 5.4 | 32.2 | 90.3 | 50.2 |
| Days of inventory on hand | — | — | — | -3,201.8 | — | — | — | — | 0.6 | 18.0 |
| Days payables outstanding | 1,703.2 | 644.9 | 2,274.1 | 4,003.6 | 882.8 | 11.4 | 9.3 | 8.9 | 9.9 | 28.7 |
| Cash conversion cycle (days) | — | — | -2,155.5 | -7,148.5 | -827.2 | — | -3.9 | 23.3 | 81.0 | 39.5 |
| Receivables turnover | — | — | 3.08 | 6.41 | 6.57 | — | 67.59 | 11.33 | 4.04 | 7.27 |
| Payables turnover | 0.21 | 0.57 | 0.16 | 0.09 | 0.41 | 32.05 | 39.34 | 41.19 | 36.85 | 12.71 |
| Inventory turnover | — | — | — | — | — | — | — | — | 613.21 | 20.30 |
| Asset turnover | 0.09 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.09 | 0.14 | 0.14 | 0.39 |
| Average receivables | — | — | $102,000 | $276,500 | $451,000 | — | $66,000 | $740,000 | $990,000 | $459,000 |
| Average payables | $5.4M | $2.2M | $8.2M | $8.3M | $1.5M | $883,000 | $833,500 | $738,500 | $532,500 | $200,500 |
| Average inventory | — | — | — | −$6.6M | — | — | — | — | $32,000 | $125,500 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from VRDN'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.
VRDN valuation and financial ratios
Viridian Therapeutics earned a return on equity of −49.2% in fiscal 2025. It ended the year with $50.7 million of debt and $874.7 million in cash and short-term investments, a net cash position of $824.0 million.
See the VRDN income statement, the VRDN chart for price history, or the VRDN stock overview for the latest quote and news.
VRDN key metrics FAQ
What is Viridian Therapeutics's return on equity?
Viridian Therapeutics's return on equity (ROE) was −49.2% in fiscal 2025: net income of -$342.6 million on average shareholders' equity of $696.9 million.
How much debt does Viridian Therapeutics have?
Viridian Therapeutics had total debt of $50.7 million at the end of fiscal 2025, a debt-to-equity ratio of 0.07 and more cash than debt.
What is Viridian Therapeutics's free cash flow yield?
Viridian Therapeutics generated -$276.9 million of free cash flow in fiscal 2025, a free cash flow yield of −10.5% on its market value at year-end ($2.6 billion).
What is Viridian Therapeutics's current ratio?
Viridian Therapeutics's current ratio was 12.65 at the end of fiscal 2025: current assets were 12.65 times current liabilities.