12 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 76.8% per year over the past 5 years.
Operating margin has expanded, at 8.4% in the latest year.
Financial health
The company holds more cash ($4.5B) than total debt ($845M).
Total debt has grown slower than revenue (-0.2% vs 76.8% per year).
Operating income covered interest expense 7.7× in the latest year.
Total debt is 1.4× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$5.3B
$287M
87.5%
8.4%
6.6%
3.5%
$942M
$845M
$4.5B
2024
$3.8B
-$645M
84.4%
-14.9%
-19.4%
-10.9%
-$633M
$1.9B
$2.6B
2023
$2.5B
-$882M
84.5%
-49.1%
-24.9%
-15.2%
-$1.7B
$886M
$3.2B
2022
$1.4B
-$2.0B
79.8%
-126.4%
-45.7%
-31.4%
-$1.8B
$538M
$3.9B
2021
$1.2B
-$1.5B
86.0%
-122.3%
-23.8%
-17.1%
-$1.6B
$630M
$4.4B
2020
$309M
-$1.6B
77.1%
-536.7%
-42.0%
-29.0%
-$1.4B
$854M
$1.4B
2019
$428M
-$949M
83.4%
-224.2%
-98.6%
-58.8%
-$840M
$83M
$618M
2018
$198M
-$674M
85.5%
-356.1%
-38.7%
-29.9%
-$618M
$50M
$713M
2017
$238M
-$93M
97.9%
-41.3%
-13.9%
-8.9%
-$34M
$18M
$240M
2016
$1M
-$119M
100.0%
-10940.2%
-33.8%
-29.4%
-$113M
$17M
$88M
2015
—
-$57M
—
—
56.1%
-48.9%
-$45M
—
$18M
2014
—
-$18M
—
—
34.5%
—
—
—
$14M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$1.7B
$237M
89.8%
19.1%
4.6%
2.6%
$435M
$860M
$5.1B
Mar '26
$1.5B
$227M
89.0%
16.5%
4.8%
2.7%
$161M
$852M
$4.8B
Dec '25
$1.5B
$67M
90.5%
12.4%
1.5%
0.8%
$380M
$845M
$4.5B
Sep '25
$1.4B
$125M
86.1%
11.5%
3.0%
1.6%
$354M
—
$4.0B
Jun '25
$1.3B
$94M
87.5%
6.7%
2.5%
1.5%
$220M
$954M
$2.8B
Mar '25
$1.1B
$1M
85.2%
1.0%
0.0%
0.0%
-$12M
$924M
$2.5B
Dec '24
$1.1B
-$152M
85.8%
-7.0%
-4.6%
-2.6%
-$17M
$1.9B
$2.6B
Sep '24
$1.0B
-$121M
83.0%
-12.0%
-3.5%
-2.1%
$55M
$1.1B
$2.7B
Jun '24
$929M
-$120M
85.1%
-11.5%
-3.6%
-2.1%
-$206M
$1.0B
$2.6B
Mar '24
$752M
-$251M
83.4%
-34.8%
-7.5%
-4.4%
-$465M
$1.0B
$2.8B
Dec '23
$634M
-$368M
83.3%
-60.5%
-10.4%
-6.3%
-$379M
$886M
$3.2B
Sep '23
$781M
$215M
87.7%
-17.1%
5.7%
3.9%
-$236M
$531M
$3.1B
Jun '23
$595M
-$381M
83.9%
-53.5%
-10.0%
-6.7%
-$415M
$628M
$3.4B
Mar '23
$448M
-$348M
81.7%
-82.9%
-8.4%
-5.8%
-$689M
$488M
$3.5B
Dec '22
$380M
-$445M
80.7%
-123.3%
-10.2%
-7.0%
-$440M
$538M
$3.9B
Sep '22
$388M
-$558M
80.3%
-113.1%
-12.0%
-8.3%
-$671M
$649M
$4.2B
Jun '22
$342M
-$566M
79.2%
-128.6%
-10.9%
-7.7%
-$430M
$566M
$4.5B
Mar '22
$307M
-$435M
78.7%
-144.6%
-7.5%
-5.4%
-$282M
$609M
$4.3B
Dec '21
$214M
-$591M
77.3%
-267.2%
-9.6%
-6.9%
-$623M
$630M
$4.4B
Sep '21
$206M
-$438M
77.0%
-224.0%
-13.1%
-8.3%
-$563M
$643M
$1.4B
Valuation over time
How the market has priced ONC against its own fundamentals since 2025-01 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 1565.2× (Dec '25) to 1860.3× (Nov '26).
The price-to-sales ratio has risen from 87.2× (Jan '25) to 99.9× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is ONC growing its revenue and profit?
Over the past 5 years, Beone Medicines Ltd.'s revenue has grown 76.8% per year. These are computed facts, not advice.
How much debt does ONC have?
As of FY2025, Beone Medicines Ltd. reported $845M of total debt against $4.5B of cash; operating income covered interest expense 7.7×.
What is ONC's profit margin?
In FY2025, gross margin was 87.5%, operating margin 8.4%, and net margin 5.4%.
What is ONC's P/E ratio?
Beone Medicines Ltd.'s P/E (TTM) is 814.05 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the ONC stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 1860.3× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.