Heron Therapeutics (HRTX) Price to Sales (2011 - 2026)
Heron Therapeutics' Price to Sales came in at 0.54 for Q2 2026, down 74.5% from 2.12 a year earlier and down 46.3% from the prior quarter.
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Analysis
Heron Therapeutics (HRTX) Price to Sales (2011 - 2026) Analysis & Trends
For FY2025, Heron Therapeutics' Price to Sales was 1.58, down 2.0% from FY2024.
- Price to Sales has declined in each of the last five years.
- Going back by year, Price to Sales was 1.61 in FY2024 (-19.8%), 2.01 in FY2023 (-27.3%), 2.77 in FY2022 (-74.3%) and 10.79 in FY2021 (-50.5%).
- The Q2 2026 figure represents the lowest quarterly Price to Sales in data going back to Q4 2011.
- Year-over-year, Price to Sales has declined for seven consecutive quarters, with an average decline of 22.9% over the last eight quarters.
- The fastest year-over-year change in Price to Sales over five years came in Q2 2024 (growth of 181.2%), and the weakest in Q2 2022 (a decline of 84.2%).
- Business Quant data shows HRTX's Price to Sales at 1.00 (Q1 2026), 1.58 (Q4 2025) and 1.49 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn |
| 10 | Heron Therapeutics | 66.45 Mn | -123.12 Mn | 26.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.54 |
| Mar 31, 2026 | 1.00 |
| Dec 31, 2025 | 1.58 |
| Sep 30, 2025 | 1.49 |
| Jun 30, 2025 | 2.12 |
| Mar 31, 2025 | 2.26 |
| Dec 31, 2024 | 1.61 |
| Sep 30, 2024 | 2.20 |
| Jun 30, 2024 | 3.89 |
| Mar 31, 2024 | 3.16 |
| Dec 31, 2023 | 2.01 |
| Sep 30, 2023 | 1.26 |
| Jun 30, 2023 | 1.38 |
| Mar 31, 2023 | 1.59 |
| Dec 31, 2022 | 2.77 |
| Sep 30, 2022 | 5.10 |
| Jun 30, 2022 | 3.02 |
| Mar 31, 2022 | 6.53 |
| Dec 31, 2021 | 10.79 |
| Sep 30, 2021 | 12.63 |
API Access
Heron Therapeutics Price to Sales API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-sales&ticker=HRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "ticker": "HRTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-sales&ticker=HRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();