Genmab A/S

Genmab A/S

GMAB.CO
Genmab A/SDK flagNASDAQ Copenhagen
1,810.50
DKK
-58.00
- -
111.15BMarket Cap
Genmab A/S
GMAB.CO
(NASDAQ Copenhagen)

Recent

price

1,810.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.31
1.36
1.87
2.41
2.47
2.84
4.29
6.26
7.56
12.78
25.64
19.52
31.74
36.59
48.62
59.85
62.49
Revenue per Share
-1.28
-2.32
-1.88
0.41
0.87
1.91
2.81
2.92
3.68
5.16
12.07
6.86
11.93
9.66
17.65
15.49
13.15
Basic EPS, GAAP
1.03
-1.73
0.24
-0.5
0.17
0.44
0.7
3.97
1.34
2.89
15.53
4.58
7.87
15.57
16.86
18.2
13.97
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-17.42
-19.28
-20.91
-19.26
-14.41
-10.43
-7.2
-4.75
-0.34
5.23
18.19
23.39
32.55
42.06
53
66.1
65.67
Book Value per Share
4.29
1.89
1.48
2.39
5.71
8.25
10.98
16.29
18.86
32.33
47.63
50.89
59.37
71.54
47.58
-58.42
-58
Tangible Book Value per Share
45
45
46
51
56
59
60
61
61
63
65
66
66
65
64
62
62
Basic Weighted Avg Shares
104
61
86
123
139
166
257
381
463
804
1,671
1,281
2,088
2,390
3,121
3,720
3,901
Sales/Revenue/Turnover
-27.61
-71.07
-24.08
10.44
31.18
64.46
57.97
56.83
45.62
49.16
62.44
35.08
43.21
32.3
32.52
33.6
32.99
Operating Margin (%)
4
3
3
2
2
5
6
11
13
21
43
38
52
43
60
71
84
Depreciation Expense
-57
-104
-86
21
49
112
168
178
225
325
786
450
785
631
1,133
963
821
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
8.68
24.24
19.41
24.53
21.5
22.77
14.56
20.02
20.6
Effective Tax Rate (%)
-55.23
-169.94
-100.51
16.93
35.43
67.39
65.36
46.68
48.66
40.37
47.06
35.13
37.59
26.4
36.3
25.89
21.05
Profit Margin (%)
195
94
83
145
345
477
635
924
1,071
1,952
2,899
3,223
3,799
4,544
3,156
1,458
1,395
Working Capital
2
1
- -
- -
- -
- -
- -
- -
- -
23
46
55
75
101
131
5,135
5,058
LT Debt
193
85
68
122
332
511
683
1,011
1,228
2,106
3,160
3,379
3,927
4,687
5,137
5,847
5,682
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
17.1
17.67
31.39
10.19
18.99
13.52
16.79
11.88
12.24
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
-145.47
194.21
98.81
31.82
41.24
25.11
35.85
15.47
14.53
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
103.84
33.09
42.69
25.82
36.85
25.65
21.47
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
16
291
293
LT Borrowings
- -
5,001
4,933
LT Finance Leases
126
134
125
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
62
61
Market Capitalization
120,941
127,184
106,943

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
4,471
2,885
2,573
Cash, Cash Equivalents & STI
3,411
1,715
1,521
Accounts Receivable, Net
1,046
1,112
968
Inventories
14
18
21
Total Current Liabilities
741
1,427
1,178
Payables & Accruals
722
1,112
861
ST Debt
16
291
293
Deferred Revenue
3
24
24

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
29.07%
13.18%
13.82%
Free Cash Flow
116.2%
21.84%
4.53%
Net Income, GAAP
34.56%
15.3%
-15%
Sales/Revenue/Turnover
40.99%
20.77%
19.19%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
603
779
816
744
3,121
2025
715
925
1,022
1,058
3,720
2026
896
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.96
3.15
2.94
- -
17.65
2025
3.06
5.44
- -
- -
15.49
2026
0.84
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Genmab A/S is a Danish biotechnology company that creates, develops and commercializes differentiated antibody therapeutics focused on oncology and other serious diseases; its core offerings include proprietary technologies such as DuoBody, HexaBody, DuoHexaBody and HexElect for bispecific and multispecific antibodies, alongside marketed products like EPKINLY (epcoritamab, a CD3xCD20 bispecific for relapsed/refractory diffuse large B-cell lymphoma, partnered 50:50 with AbbVie), Tivdak (tisotumab vedotin, a tissue factor-directed antibody-drug conjugate for recurrent or metastatic cervical cancer, partnered 50:50 with Seagen), and royalty-generating partnered medicines including DARZALEX/DARZALEX Faspro (daratumumab for multiple myeloma and AL amyloidosis, Janssen), Kesimpta (ofatumumab for relapsing remitting multiple sclerosis, Novartis), Rybrevant (amivantamab for non-small cell lung cancer, Janssen), Talvey (talquetamab for relapsed/refractory multiple myeloma, Janssen), Tecvayli (teclistamab for relapsed/refractory multiple myeloma, Janssen) and Tepezza (teprotumumab for thyroid eye disease, Horizon); the company maintains a robust pipeline encompassing late-stage programs for epcoritamab in follicular lymphoma and chronic lymphocytic leukemia, tisotumab vedotin expansions in solid tumors, and others like acasunlimab and tecaginlimab targeting PD-L1x4-1BB and CD40x4-1BB respectively. Founded in 1999 and headquartered in Copenhagen, Denmark, Genmab operates globally through subsidiaries in the Netherlands (Genmab B.V., Utrecht), the United States (Genmab U.S., Inc., Princeton, New Jersey), Japan (Genmab K.K., Tokyo), Germany (Genmab Germany GmbH, Munich) and China (Genmab (Suzhou) Co., Ltd.), with affiliates supporting research, development and commercialization across North America, Europe and Asia Pacific. Recent major developments include the April 2024 acquisition of ProfoundBio for $1.8 billion to expand its antibody-drug conjugate capabilities and oncology portfolio, followed by the September 2025 announcement of an $8.0 billion all-cash acquisition of Merus N.V. (expected to close in early Q1 2026), adding the late-stage petosemtamab (a bispecific antibody with Breakthrough Therapy Designations for head and neck cancer) to accelerate Genmab's shift toward a wholly owned commercial model; these transactions, funded via cash and $5.5 billion in debt financing from Morgan Stanley, enhance late-stage pipeline diversity and project multiple proprietary launches by 2027, alongside 2025 revenue guidance of $3.5-3.7 billion driven by royalty growth from DARZALEX and independent EPKINLY/Tivdak sales expansions in Europe and Japan.