Heron Therapeutics (HRTX) Equity Ratio (2010 - 2026)
Heron Therapeutics (HRTX) reported Equity Ratio of 0.04 for Q1 2026, up 130.75% on a YoY basis from 0.02 in Q1 2025, and down 33.75% quarter-over-quarter from 0.06 in Q4 2025.
Heron Therapeutics (HRTX) Equity Ratio (2010 - 2026) Analysis & Trends
Heron Therapeutics has reported Equity Ratio for 17 years, with the latest figure at 0.04 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio rose 130.75% year-over-year to 0.04; the trailing twelve-month figure through Mar 2026 stood at 0.04 (up 130.75% YoY), and the FY2025 full-year result was 0.06, up 138.81% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.04, down from 0.06 in the prior quarter.
- The five-year high for Equity Ratio was 0.09 in Q1 2022, with the low at 0.2 in Q2 2023.
- Historically, Equity Ratio has averaged 0.07 across 5 years, with a median of 0.12 in 2025.
- Annual changes were most pronounced in 2023 — Equity Ratio slumped 382.32% — and 2025, when it soared 138.81%.
- Heron Therapeutics' Equity Ratio stood at 0.05 in 2022, then tumbled by 382.32% to 0.15 in 2023, then grew by 5.47% to 0.14 in 2024, then surged by 138.81% to 0.06 in 2025, then slumped by 33.75% to 0.04 in 2026.
- The last three Equity Ratio figures came in at 0.04 (Q1 2026), 0.06 (Q4 2025), and 0.06 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 788,338.31 Bn | 788,338.28 Bn | - | 191.07 |
| 2 | Belite Bio | 56,560.00 Bn | 56,560.00 Bn | - | 0.98 |
| 3 | Quantum Biopharma | 17,329.30 Bn | 17,329.30 Bn | - | 0.04 |
| 4 | Legend Biotech | 3,341.00 Bn | 3,340.71 Bn | 242.10 Mn | 0.58 |
| 5 | Akari Therapeutics | 1,727.91 Bn | 1,727.91 Bn | - | 0.42 |
| 6 | Evaxion A | 1,536.68 Bn | 1,536.67 Bn | - | - |
| 7 | Psyence Biomedical | 238.34 Bn | 238.33 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 113.42 Bn | 106.17 Bn | 2.59 Bn | 0.73 |
| 9 | Abivax | 95.45 Bn | 95.45 Bn | - | 0.79 |
| 10 | Heron Therapeutics | 76.81 Mn | 46.84 Mn | 24.07 Mn | 0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.04 |
| Dec 31, 2025 | 0.06 |
| Sep 30, 2025 | 0.06 |
| Jun 30, 2025 | -0.12 |
| Mar 31, 2025 | -0.12 |
| Dec 31, 2024 | -0.14 |
| Sep 30, 2024 | -0.18 |
| Jun 30, 2024 | -0.17 |
| Mar 31, 2024 | -0.15 |
| Dec 31, 2023 | -0.15 |
| Sep 30, 2023 | -0.12 |
| Jun 30, 2023 | -0.20 |
| Mar 31, 2023 | -0.05 |
| Dec 31, 2022 | 0.05 |
| Sep 30, 2022 | 0.08 |
| Jun 30, 2022 | -0.09 |
| Mar 31, 2022 | 0.09 |
| Dec 31, 2021 | 0.25 |
| Sep 30, 2021 | 0.34 |
| Jun 30, 2021 | 0.40 |