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
DateValue
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