8 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 2.3% per year over the past 5 years.
Net income has grown slower than revenue (-4.6% vs 2.3% per year).
Operating margin has contracted, at 65.6% in the latest year.
Financial health
Total debt ($9.0B) exceeds cash ($619M); net debt is $8.3B.
Total debt has grown faster than revenue (9.0% vs 2.3% per year).
Operating income covered interest expense 5.1× in the latest year.
Total debt is 5.7× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
2025
$2.4B
$771M
0.0%
65.6%
—
$9.0B
$619M
2024
$2.3B
$859M
0.0%
57.1%
—
$7.6B
$929M
2023
$2.4B
$1.1B
0.0%
63.4%
—
$6.1B
$477M
2022
$2.2B
$43M
0.0%
13.7%
—
$7.1B
$1.7B
2021
$2.3B
$620M
0.0%
62.5%
—
$7.1B
$1.5B
2020
$2.1B
$975M
0.0%
75.2%
—
$5.8B
$1.0B
2019
$1.8B
$2.3B
0.0%
144.6%
—
$6.2B
$246M
2018
$1.8B
$1.4B
0.0%
76.0%
—
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$631M
$295M
0.0%
89.3%
—
$9.0B
$586M
Dec '25
$622M
$214M
0.0%
62.4%
—
$9.0B
$619M
Sep '25
$609M
$288M
0.0%
70.1%
—
$8.9B
$939M
Jun '25
$579M
$30M
0.0%
36.3%
—
$8.0B
$632M
Mar '25
$568M
$239M
0.0%
94.0%
—
$7.6B
$1.1B
Dec '24
$594M
$208M
0.0%
60.9%
—
$7.6B
$929M
Sep '24
$565M
$544M
0.0%
130.2%
—
$7.6B
$950M
Jun '24
$537M
$102M
0.0%
50.2%
—
$7.6B
$1.8B
Mar '24
$568M
$5M
0.0%
-13.0%
—
$6.1B
$843M
Dec '23
$596M
$494M
0.0%
102.8%
—
$6.1B
$477M
Sep '23
$536M
$72M
0.0%
28.2%
—
$6.1B
$936M
Jun '23
$538M
$228M
0.0%
46.2%
—
$7.1B
$2.2B
Mar '23
$684M
$341M
0.0%
70.0%
—
$7.1B
$2.0B
Dec '22
$566M
-$456M
0.0%
-85.3%
—
$7.1B
$1.7B
Sep '22
$573M
$143M
0.0%
33.5%
—
$7.1B
$992M
Jun '22
$536M
$305M
0.0%
70.5%
—
$7.1B
$2.1B
Mar '22
$562M
$52M
0.0%
39.1%
—
$7.1B
$1.8B
Dec '21
$576M
$8M
0.0%
26.6%
—
$7.1B
$1.5B
Sep '21
$586M
$102M
0.0%
51.7%
—
$7.1B
$1.8B
Jun '21
$555M
$441M
0.0%
134.2%
—
$5.8B
$1.1B
Valuation over time
How the market has priced RPRX against its own fundamentals since 2023-03 —
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 fallen from 367.4× (Mar '23) to 31.0× (Jun '26).
The price-to-sales ratio has risen from 7.0× (Mar '23) to 10.0× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is RPRX growing its revenue and profit?
Over the past 5 years, Royalty Pharma Plc's revenue has grown 2.3% per year, and net income declined 4.6% per year. These are computed facts, not advice.
How much debt does RPRX have?
As of FY2025, Royalty Pharma Plc reported $9.0B of total debt against $619M of cash; operating income covered interest expense 5.1×.
What is RPRX's profit margin?
In FY2025, gross margin was —, operating margin 65.6%, and net margin 32.4%.
What is RPRX's P/E ratio?
As of Jun '26, Royalty Pharma Plc traded at a price-to-earnings ratio of about 31.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.