Codexis (CDXS) Equity Ratio (2010 - 2026)
Codexis (CDXS) recorded quarterly Equity Ratio of 0.33 in Q1 2026, down 2.25% quarter-over-quarter from 0.34 in Q4 2025, and down 13.21% on a YoY basis from 0.39 in Q1 2025.
Codexis (CDXS) Equity Ratio (2010 - 2026) Analysis & Trends
Codexis' Equity Ratio history runs 17 years deep, the most recent figure standing at 0.33 for Q1 2026.
- In Q1 2026, Equity Ratio fell 13.21% year-over-year to 0.33; the TTM figure through Mar 2026 stood at 0.33 (down 13.21% YoY), while the FY2025 annual figure was 0.34, down 23.88% from the prior year.
- Equity Ratio was 0.33 for Q1 2026 at Codexis, down from 0.34 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.68 in Q2 2022 to a low of 0.31 in Q3 2025.
- Historically, Equity Ratio has averaged 0.51 across 5 years, with a median of 0.53 in 2024.
- The sharpest annual moves came in 2023 and 2025: Equity Ratio advanced 9.68% in 2023, then tumbled 37.23% in 2025.
- A 5-year view of Equity Ratio shows it stood at 0.58 in 2022, then rose by 9.68% to 0.63 in 2023, then fell by 29.19% to 0.45 in 2024, then declined by 23.88% to 0.34 in 2025, then retreated by 2.25% to 0.33 in 2026.
- The last three Equity Ratio figures came in at 0.33 (Q1 2026), 0.34 (Q4 2025), and 0.31 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 719,706.53 Bn | 719,706.50 Bn | - | 191.07 |
| 2 | Belite Bio | 55,800.00 Bn | 55,800.00 Bn | - | 0.98 |
| 3 | Quantum Biopharma | 18,182.30 Bn | 18,182.29 Bn | - | 0.04 |
| 4 | Legend Biotech | 3,154.00 Bn | 3,153.71 Bn | 242.10 Mn | 0.58 |
| 5 | Akari Therapeutics | 1,844.30 Bn | 1,844.29 Bn | - | 0.42 |
| 6 | Evaxion A | 1,567.96 Bn | 1,567.94 Bn | - | - |
| 7 | Psyence Biomedical | 251.43 Bn | 251.42 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 112.56 Bn | 105.31 Bn | 2.59 Bn | 0.73 |
| 9 | Abivax | 94.37 Bn | 94.37 Bn | - | 0.79 |
| 10 | Codexis | 236.00 Mn | 170.86 Mn | 13.18 Mn | 0.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.33 |
| Dec 31, 2025 | 0.34 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.40 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.50 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.53 |
| Dec 31, 2023 | 0.63 |
| Sep 30, 2023 | 0.59 |
| Jun 30, 2023 | 0.60 |
| Mar 31, 2023 | 0.58 |
| Dec 31, 2022 | 0.58 |
| Sep 30, 2022 | 0.66 |
| Jun 30, 2022 | 0.68 |
| Mar 31, 2022 | 0.67 |
| Dec 31, 2021 | 0.67 |
| Sep 30, 2021 | 0.74 |
| Jun 30, 2021 | 0.77 |