Tarsus Pharmaceuticals (TARS) Enterprise Value (2020 - 2026)
Tarsus Pharmaceuticals' Enterprise Value was $2.48 billion in Q2 2026, up 73.9% from $1.43 billion a year earlier but down 9.3% from the prior quarter.
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Analysis
Tarsus Pharmaceuticals (TARS) Enterprise Value (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tarsus Pharmaceuticals' Enterprise Value was $1.67 billion through Jun 30, 2026, up 95.0% year-over-year; for FY2025, it came in at $3.25 billion, up 68.7% from FY2024.
- Enterprise Value has now increased for three consecutive years, with a five-year compound annual growth rate of 105.6% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $1.93 billion in FY2024 (+314.1%), $465.33 million in FY2023 (+166.2%), $174.8 million in FY2022 (-40.5%) and $293.94 million in FY2021 (+232.4%).
- Quarterly Enterprise Value has moved between $143.61 million (Q2 2022) and $3.25 billion (Q4 2025) over five years.
- Compared with a year earlier, Enterprise Value has increased for 14 straight quarters, with growth averaging 100.9% over the last eight quarters.
- The best year-over-year quarter for Enterprise Value over five years was Q1 2024 (growth of 528.5%); the worst was Q2 2022 (a decline of 65.8%).
- Per Business Quant data, TARS's Enterprise Value in the three quarters before Q2 2026 was $2.73 billion (Q1 2026), $3.25 billion (Q4 2025) and $2.23 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn |
| 10 | Tarsus Pharmaceuticals | 3.32 Bn | 2.27 Bn | 161.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.48 Bn |
| Mar 31, 2026 | 2.73 Bn |
| Dec 31, 2025 | 3.25 Bn |
| Sep 30, 2025 | 2.23 Bn |
| Jun 30, 2025 | 1.43 Bn |
| Mar 31, 2025 | 1.93 Bn |
| Dec 31, 2024 | 1.93 Bn |
| Sep 30, 2024 | 1.12 Bn |
| Jun 30, 2024 | 891.18 Mn |
| Mar 31, 2024 | 1.27 Bn |
| Dec 31, 2023 | 465.33 Mn |
| Sep 30, 2023 | 568.05 Mn |
| Jun 30, 2023 | 414.63 Mn |
| Mar 31, 2023 | 201.66 Mn |
| Dec 31, 2022 | 174.80 Mn |
| Sep 30, 2022 | 400.02 Mn |
| Jun 30, 2022 | 143.61 Mn |
| Mar 31, 2022 | 173.18 Mn |
| Dec 31, 2021 | 293.94 Mn |
| Sep 30, 2021 | 262.28 Mn |
API Access
Tarsus Pharmaceuticals Enterprise Value 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=enterprise-value&ticker=TARS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "TARS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=TARS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();