KRYS vs LEGN vs NGNE Stock Comparison

Krystal Biotech, Legend Biotech and Neurogene Prices as of Oct 29, 2026 Peers: Industry group
KRYS Krystal Biotech, Inc.
$324.55 -3.1% 1M +75.4% 1Y
Market cap
$9.75B
P/E
40.4x
Revenue (TTM)
$440.53M
Div. yield
–
Gene and Cell Therapy Healthcare
6 wins
LEGN Legend Biotech Corp
$22.30 +18.5% 1M -30.6% 1Y
Market cap
$3.98B
P/E
–
Revenue (TTM)
$1.27B
Div. yield
–
Gene and Cell Therapy Healthcare
1 win
NGNE Neurogene Inc.
$28.82 +1.5% 1M -11.8% 1Y
Market cap
$617.93M
P/E
–
Revenue (TTM)
—
Div. yield
–
Gene and Cell Therapy Healthcare

Head to Head

7 decided of 12

Krystal Biotech leads on 6 of the 12 questions below (Krystal Biotech 6, Legend Biotech 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionKRYSLEGNNGNELeader
Larger companyMarket capitalisation $9.75B $3.98B $617.93M KRYS
Cheaper on earningsLower P/E, profitable companies only 40.4x -43.4x -5.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 46.8x — — –
Faster revenue growthRevenue growth, trailing twelve months +22.6% +59.5% — LEGN
More profitableNet margin, trailing twelve months 54.8% -7.2% — KRYS
Better return on capitalReturn on invested capital — -4.2% — –
Less leveragedLower net debt / EBITDA — 28.0x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +75.4% -30.6% -11.8% KRYS
Better 5-year returnAnnualised price return, 5 years +45.4%/yr -15.7%/yr -27.8%/yr KRYS
Less volatileAnnualised volatility, 1 year 38.0% 72.3% 79.0% KRYS
Higher overall scoreMean of the five percentile scores vs peers 85/100 73/100 48/100 KRYS

Percentile Scorecard

KRYSLEGNNGNE

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

AxisKRYSLEGNNGNE
Valuation 79 #131 of 624 89 #70 of 624 50 #315 of 624
Growth 93 #41 of 601 97 #20 of 601 22 #471 of 601
Profitability 96 #21 of 541 80 #108 of 541 54 #250 of 541
Financial Health 84 #103 of 647 54 #299 of 647 72 #183 of 647
Shareholder Returns 70 #108 of 359 44 #201 of 359 43 #205 of 359
Overall 85 73 48
  • KRYS ranked among 671 companies in Pharmaceuticals and Biotechnology
  • LEGN ranked among 671 companies in Pharmaceuticals and Biotechnology
  • NGNE ranked among 671 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodKRYSLEGNNGNESPY
1 month -3.1%+18.5%+1.5% +0.7%
3 months -11.5%+17.1%-14.2% +3.7%
6 months +23.8%-5.2%+10.5% +7.1%
Year to date +31.6%+2.6%+39.9% +12.8%
1 year +75.4%-30.6%-11.8% +11.9%
3 years +178.9%-66.0%+117.0% +85.2%
3 years, per year +40.8%-30.2%+29.5% +22.8%
5 years +547.9%-57.5%-80.3% +67.6%
5 years, per year +45.4%-15.7%-27.8% +10.9%
10 years ——-86.4% +262.0%
10 years, per year ——-18.1% +13.7%

Risk

MeasureKRYSLEGNNGNESPY
Volatility, 1Y 38.0%72.3%79.0% 12.7%
Downside volatility, 1Y 37.4%62.7%76.6% 12.6%
Beta vs S&P 500, 1Y 0.690.441.60 1.00
Return / volatility, 1Y 1.99-0.42-0.15 0.94
Max drawdown, 5Y -44.5%-78.2%-95.3% -25.4%
From 52-week high -14.2%-38.5%-32.7% -1.2%
52-week high $378.15$36.28$42.84 $779.14
52-week low $185.05$16.65$16.37 $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.

MultipleKRYSLEGNNGNE
P/E now vs peer median 39.7xmedian 17.8x -44.8xmedian 17.8x -5.8xmedian 17.8x
P/S now vs peer median 21.8xmedian 9.1x 3.2xmedian 9.1x —median 9.1x
EV/EBITDA now vs peer median 43.0xmedian 15.0x -195.0xmedian 15.0x -3.6xmedian 15.0x
P/FCF now vs peer median 37.3xmedian 21.7x -63.6xmedian 21.7x -7.4xmedian 21.7x
P/B now vs peer median 7.1xmedian 2.2x 3.3xmedian 2.2x 3.0xmedian 2.2x
PEG now vs peer median 0.77median 0.35 -0.95median 0.35 -0.17median 0.35

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 monthsKRYSLEGNNGNE
Revenue $440.53M $1.27B –
Gross profit $416.91M $727.10M –
Operating income $197.75M -$55.25M -$121.35M
Net income $241.47M -$80.39M -$111.16M
Free cash flow $257.78M -$64.60M -$87.75M
R&D $59.23M $396.15M $88.50M
EPS (diluted) $7.88 $-0.50 $-4.93
Cash & equivalents $427.74M $672.90M $112.49M
Total debt – $1.06B –
Shares (diluted) 30.66M 184.32M 22.55M
Enterprise value $6.53B $1.48B -$385.07M

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
MetricKRYSLEGNNGNE
P/E 39.7x -44.8x -5.8x
P/FCF 37.3x -63.6x -7.4x
P/Operating cash flow 35.3x -46.0x -7.5x
P/S 21.8x 3.2x –
P/B 7.1x 3.3x 3.0x
P/Tangible book 7.1x 3.3x 3.0x
EV/EBITDA 43.0x -195.0x -3.6x
EV/EBIT 44.3x -65.0x -3.5x
EV/Revenue 19.9x 2.8x –
EV/FCF 34.0x -55.6x -4.8x
EV/Operating cash flow 32.2x -40.2x -4.9x
PEG (3Y EPS CAGR) 0.77 -0.95 -0.17

Growth

14 metrics
MetricKRYSLEGNNGNE
Revenue growth (1Y) 22.6% 59.5% –
Revenue CAGR (3Y) – 97.6% –
Gross profit growth (1Y) 24.3% 42.4% –
Gross profit CAGR (3Y) – 147.5% –
Operating income growth (1Y) 41.8% 75.3% -26.8%
Operating income CAGR (3Y) 48.8% 49.1% -33.6%
Net income growth (1Y) 64.6% 75.3% -31.7%
Net income CAGR (3Y) 54.9% 46.7% -32.0%
EPS growth (1Y) 59.7% 72.0% -23.0%
EPS CAGR (3Y) 51.8% 47.0% 34.1%
Operating cash flow growth (1Y) 39.4% 67.5% -18.5%
Operating cash flow CAGR (3Y) 67.0% 37.1% -19.9%
Free cash flow growth (1Y) 39.0% 77.8% -17.8%
Free cash flow CAGR (3Y) 58.6% 44.5% -19.1%

Profitability

14 metrics
MetricKRYSLEGNNGNE
Gross margin 94.6% 57.2% –
EBITDA margin 46.2% -1.5% –
Operating margin 44.9% -4.3% –
Pretax margin 51.4% -4.4% –
Net margin 54.8% -7.2% –
FCF margin 58.5% -5.1% –
Operating cash flow margin 61.8% -7.0% –
Return on equity 18.3% -8.3% -49.1%
Return on assets 16.7% -5.5% -44.0%
Return on invested capital – -4.2% –
Return on capital employed 15.0% -4.3% -52.2%
Asset turnover 0.3x 0.8x –
Cash conversion (OCF / net income) 1.1x 1.1x 0.8x
Stock comp / revenue 12.4% 5.2% –

Financial Health

11 metrics
MetricKRYSLEGNNGNE
Debt / assets – 8.9% –
Debt / equity – 0.1x –
Net debt / EBITDA – 28.0x –
Debt / FCF – -2.4x –
Liabilities / assets 9.4% 29.8% 11.1%
Equity / assets 90.6% 70.2% 88.9%
Interest coverage – -4.8x -60,673x
Current ratio 8.3x 3.0x 10.6x
Quick ratio 7.7x 1.7x 10.5x
Cash ratio 6.6x 1.7x 10.5x
Altman Z-score 42.32 6.90 –

Shareholder Returns

7 metrics
MetricKRYSLEGNNGNE
Dividend yield – – –
Net buyback yield -0.4% -5.2% -5.7%
Shareholder yield -0.4% -5.2% -5.7%
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.

ConsensusKRYSLEGNNGNE
Forward P/E 46.8xFY2026 – –
EPS, next fiscal year $6.94FY2026 $-0.04FY2026 $-5.76FY2026
EPS growth, next FY +1.5%FY2026 – –
EPS growth, the year after +25.5% – –
Revenue, next fiscal year $514.54MFY2026 $1.37BFY2026 $0.00FY2026
Revenue growth, next FY +32.2%FY2026 +32.9%FY2026 –
Revenue growth, the year after +33.4% +35.9% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersKRYSLEGNNGNE
Held by institutions 99.8% 55.9% 76.8%
Institutions holding 422 218 113
Change in shares held, QoQ +4.6% +7.3% +2.0%
Institutions buying 271 117 61
Institutions selling 107 78 31
Buyers to sellers 2.53 1.50 1.97

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.

KRYSLEGNNGNE
KRYS 1.00 0.06 0.25
LEGN 0.06 1.00 0.18
NGNE 0.25 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, KRYS, LEGN and NGNE?

Krystal Biotech (KRYS) is the largest by market capitalisation: Krystal Biotech (KRYS) $9.75B, Legend Biotech (LEGN) $3.98B, Neurogene (NGNE) $617.93M.

Which company is growing faster?

Legend Biotech (LEGN) grew revenue fastest over the trailing twelve months: Krystal Biotech (KRYS) +22.6%, Legend Biotech (LEGN) +59.5%.

Which company is more profitable?

Krystal Biotech (KRYS) has the highest net margin (Krystal Biotech (KRYS) 54.8%, Legend Biotech (LEGN) -7.2%).

Which stock has performed better?

Over the past year Krystal Biotech (KRYS) returned the most: Krystal Biotech (KRYS) +75.4%, Legend Biotech (LEGN) -30.6%, Neurogene (NGNE) -11.8%. Over five years, Krystal Biotech (KRYS) compounded fastest (Krystal Biotech (KRYS) +45.4%/yr, Legend Biotech (LEGN) -15.7%/yr, Neurogene (NGNE) -27.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Krystal Biotech (KRYS) has been the steadiest (Krystal Biotech (KRYS) 38.0%, Legend Biotech (LEGN) 72.3%, Neurogene (NGNE) 79.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, KRYS, LEGN and NGNE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Krystal Biotech (KRYS) leads on 6. 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.