ARQT vs BIIB vs NXTS Stock Comparison

Arcutis Biotherapeutics, Biogen and Nexentis Technologies Prices as of Oct 28, 2026 Peers: Industry group
BIIB Biogen Inc.
$244.05 +6.7% 1M +63.6% 1Y
Market cap
$36.94B
P/E
106.3x
Revenue (TTM)
$10.30B
Div. yield
–
Biotechnology Healthcare
5 wins

Head to Head

11 decided of 12

Biogen leads on 5 of the 12 questions below (Biogen 5, Arcutis Biotherapeutics 5, Nexentis Technologies 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionARQTBIIBNXTSLeader
Larger companyMarket capitalisation $4.16B $36.94B $514.98K BIIB
Cheaper on earningsLower P/E, profitable companies only 145.7x 106.3x 0.0x BIIB
Cheaper on forward earningsLower price / next fiscal year consensus EPS 62.9x 19.1x — BIIB
Faster revenue growthRevenue growth, trailing twelve months +76.1% +2.3% — ARQT
More profitableNet margin, trailing twelve months 6.1% 3.4% — ARQT
Better return on capitalReturn on invested capital 10.6% 1.3% — ARQT
Less leveragedLower net debt / EBITDA — 4.5x 1.6x NXTS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +26.1% +63.6% -97.4% BIIB
Better 5-year returnAnnualised price return, 5 years +8.2%/yr -1.8%/yr -85.8%/yr ARQT
Less volatileAnnualised volatility, 1 year 51.3% 34.2% 169.0% BIIB
Higher overall scoreMean of the five percentile scores vs peers 76/100 59/100 32/100 ARQT

Percentile Scorecard

ARQTBIIBNXTS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisARQTBIIBNXTS
Valuation 70 #188 of 625 92 #54 of 625 –
Growth 96 #28 of 602 26 #446 of 602 14 #521 of 602
Profitability 89 #60 of 549 87 #73 of 549 40 #330 of 549
Financial Health 47 #347 of 654 33 #437 of 654 43 #372 of 654
Shareholder Returns 77 #87 of 367 – –
Overall 76 59 32
  • ARQT ranked among 672 companies in Pharmaceuticals and Biotechnology
  • BIIB ranked among 672 companies in Pharmaceuticals and Biotechnology
  • NXTS ranked among 672 companies in Pharmaceuticals and Biotechnology

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodARQTBIIBNXTSSPY
1 month +15.1%+6.7%-57.1% +0.9%
3 months +12.9%+16.6%-57.4% +5.9%
6 months +40.6%+25.6%-86.6% +8.5%
Year to date +8.3%+38.7%-94.6% +13.3%
1 year +26.1%+63.6%-97.4% +12.4%
3 years +1,246.9%+4.1%-99.9% +88.1%
3 years, per year +138.1%+1.3%-89.2% +23.5%
5 years +48.5%-8.5%-100.0% +68.2%
5 years, per year +8.2%-1.8%-85.8% +11.0%
10 years —-14.0%-100.0% +263.4%
10 years, per year —-1.5%-66.2% +13.8%

Risk

MeasureARQTBIIBNXTSSPY
Volatility, 1Y 51.3%34.2%169.0% 12.7%
Downside volatility, 1Y 49.1%32.7%153.5% 12.7%
Beta vs S&P 500, 1Y 1.050.252.35 1.00
Return / volatility, 1Y 0.511.86-0.58 0.98
Max drawdown, 5Y -93.2%-64.4%-100.0% -25.4%
From 52-week high -4.2%-3.9%-97.4% -0.9%
52-week high $32.82$253.84$24.15 $779.14
52-week low $19.50$147.86$0.53 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleARQTBIIBNXTS
P/E now vs peer median 143.9xmedian 17.4x 103.8xmedian 17.4x 0.0xmedian 17.4x
P/S now vs peer median 8.5xmedian 9.1x 3.5xmedian 9.1x —median 9.1x
EV/EBITDA now vs peer median —median 17.1x 31.7xmedian 17.1x 1.5xmedian 17.1x
P/FCF now vs peer median 100.9xmedian 19.0x 17.4xmedian 19.0x —median 19.0x
P/B now vs peer median 17.9xmedian 2.2x 1.9xmedian 2.2x 0.3xmedian 2.2x
PEG now vs peer median 5.37median 0.34 -2.70median 0.34 0.00median 0.34

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsARQTBIIBNXTS
Revenue $463.98M $10.30B –
Gross profit $422.89M $7.62B –
Operating income $34.25M $445.10M -$5.28M
Net income $28.52M $347.50M -$14.06M
Free cash flow $39.15M $2.07B –
R&D $91.04M $2.15B $532.00K
EPS (diluted) $0.21 $2.35 $-17.10
Cash & equivalents – $1.30B $7.62M
Total debt $108.90M $7.29B $3.22M
Shares (diluted) 135.90M 147.80M 816.14K
Enterprise value $3.44B $26.26B -$22.13M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricARQTBIIBNXTS
P/E 143.9x 103.8x 0.0x
P/FCF 100.9x 17.4x –
P/Operating cash flow 100.5x 16.1x –
P/S 8.5x 3.5x –
P/B 17.9x 1.9x 0.3x
P/Tangible book 19.1x 6.5x -0.2x
EV/EBITDA – 31.7x 1.5x
EV/EBIT 112.5x 94.5x 1.5x
EV/Revenue 8.3x 4.1x –
EV/FCF 98.4x 20.3x –
EV/Operating cash flow 98.1x 18.7x –
PEG (3Y EPS CAGR) 5.37 -2.70 0.00

Growth

14 metrics
MetricARQTBIIBNXTS
Revenue growth (1Y) 76.1% 2.3% –
Revenue CAGR (3Y) 241.4% 1.0% –
Gross profit growth (1Y) 80.2% 0.6% –
Gross profit CAGR (3Y) 256.4% 0.5% –
Operating income growth (1Y) 139.9% -76.6% -7.7%
Operating income CAGR (3Y) 28.2% -34.8% 3.0%
Net income growth (1Y) 130.6% -78.4% -48.2%
Net income CAGR (3Y) 27.8% -38.1% -35.8%
EPS growth (1Y) 128.6% -78.5% -567.8%
EPS CAGR (3Y) 26.8% -38.5% -45.2%
Operating cash flow growth (1Y) 160.0% -8.4% –
Operating cash flow CAGR (3Y) 28.8% 18.2% –
Free cash flow growth (1Y) 159.0% -10.1% –
Free cash flow CAGR (3Y) 28.8% 24.9% –

Profitability

14 metrics
MetricARQTBIIBNXTS
Gross margin 91.1% 74.0% –
EBITDA margin – 12.9% –
Operating margin 7.4% 4.3% –
Pretax margin 6.3% 4.3% –
Net margin 6.1% 3.4% –
FCF margin 8.4% 20.1% –
Operating cash flow margin 8.5% 21.8% –
Return on equity 13.9% 1.8% -157.0%
Return on assets 6.0% 1.1% -71.9%
Return on invested capital 10.6% 1.3% –
Return on capital employed 10.9% 1.6% -31.5%
Asset turnover 1.0x 0.3x –
Cash conversion (OCF / net income) 1.4x 6.5x –
Stock comp / revenue 9.4% 2.9% –

Financial Health

11 metrics
MetricARQTBIIBNXTS
Debt / assets 22.3% 22.7% 2.3%
Debt / equity 0.5x 0.4x 0.2x
Net debt / EBITDA – 4.5x 1.6x
Debt / FCF 2.8x 3.5x –
Liabilities / assets 54.8% 41.0% 89.8%
Equity / assets 45.2% 59.0% 10.2%
Interest coverage 2.5x – –
Current ratio 2.9x 1.9x 3.7x
Quick ratio 2.2x 0.9x 3.2x
Cash ratio 1.3x 0.3x 3.2x
Altman Z-score 7.53 3.07 –

Shareholder Returns

7 metrics
MetricARQTBIIBNXTS
Dividend yield – – –
Net buyback yield -0.2% – –
Shareholder yield -0.2% – –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusARQTBIIBNXTS
Forward P/E 62.9xFY2026 19.1xFY2026 –
EPS, next fiscal year $0.50FY2026 $12.81FY2026 –
EPS growth, next FY – -16.2%FY2026 –
EPS growth, the year after +152.0% +36.5% –
Revenue, next fiscal year $565.04MFY2026 $9.96BFY2026 –
Revenue growth, next FY +50.2%FY2026 +0.7%FY2026 –
Revenue growth, the year after +17.0% +11.9% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersARQTBIIBNXTS
Held by institutions 100.0% 96.4% –
Institutions holding 271 1,036 –
Change in shares held, QoQ -0.4% +6.0% –
Institutions buying 138 548 –
Institutions selling 98 294 –
Buyers to sellers 1.41 1.86 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ARQTBIIBNXTS
ARQT 1.00 0.21 -0.02
BIIB 0.21 1.00 0.05
NXTS -0.02 0.05 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ARQT, BIIB and NXTS?

Biogen (BIIB) is the largest by market capitalisation: Arcutis Biotherapeutics (ARQT) $4.16B, Biogen (BIIB) $36.94B, Nexentis Technologies (NXTS) $514.98K.

Which stock is cheaper, ARQT, BIIB and NXTS?

Biogen (BIIB) trades on the lowest price-to-earnings ratio (Arcutis Biotherapeutics (ARQT) 145.7x, Biogen (BIIB) 106.3x, Nexentis Technologies (NXTS) 0.0x). On next year's consensus earnings, Biogen (BIIB) is cheapest (Arcutis Biotherapeutics (ARQT) 62.9x, Biogen (BIIB) 19.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Arcutis Biotherapeutics (ARQT) grew revenue fastest over the trailing twelve months: Arcutis Biotherapeutics (ARQT) +76.1%, Biogen (BIIB) +2.3%.

Which company is more profitable?

Arcutis Biotherapeutics (ARQT) has the highest net margin (Arcutis Biotherapeutics (ARQT) 6.1%, Biogen (BIIB) 3.4%). On return on invested capital, Arcutis Biotherapeutics (ARQT) leads (Arcutis Biotherapeutics (ARQT) 10.6%, Biogen (BIIB) 1.3%).

Which stock has performed better?

Over the past year Biogen (BIIB) returned the most: Arcutis Biotherapeutics (ARQT) +26.1%, Biogen (BIIB) +63.6%, Nexentis Technologies (NXTS) -97.4%. Over five years, Arcutis Biotherapeutics (ARQT) compounded fastest (Arcutis Biotherapeutics (ARQT) +8.2%/yr, Biogen (BIIB) -1.8%/yr, Nexentis Technologies (NXTS) -85.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Biogen (BIIB) has been the steadiest (Arcutis Biotherapeutics (ARQT) 51.3%, Biogen (BIIB) 34.2%, Nexentis Technologies (NXTS) 169.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ARQT, BIIB and NXTS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Biogen (BIIB) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.