NASDAQ · Biotechnology

Apellis Pharmaceuticals, Inc. (APLS) Stock

$41.03 +0.00% NASDAQ: APLS Healthcare

Apellis Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutic compounds to treat diseases with high unmet needs. It offers EMPAVELI for the treatment of paroxysmal nocturnal hemoglobinuria; and SYFOVRE for treating geographic atrophy secondary to age-related macular degeneration and geographic atrophy (GA).

Valuation

MetricValue
Price$41.03
Market Cap$5.25B
P/E Ratio38.37
P/B Ratio12.66
P/S Ratio4.75
EPS (TTM)$0.00
52-Week High$41.14
52-Week Low$16.10
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE46.02%
ROA10.93%
ROCE14.86%
Gross Margin64.28%
Operating Margin9.87%
Net Margin12.06%
Debt/Equity1.15
Current Ratio3.63

Annual Financials (USD)

Metric20212022202320242025
Revenue$67.0M$75.0M$397.0M$781.0M$1.0B
Operating Profit$-536.0M$-595.0M$-517.0M$-165.0M$55.0M
Net Profit$-746.0M$-652.0M$-529.0M$-198.0M$22.0M
EPS$-8.84$-6.15$-4.45$-1.60$0.18
Op Margin-805.7%-788.4%-130.4%-21.1%5.5%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$882.0M$760.0M$789.0M$885.0M$1.1B
Total Liabilities$683.0M$590.0M$594.0M$657.0M$705.0M
Cash$640.0M$552.0M$351.0M$411.0M$468.0M
Borrowings$210.0M$113.0M$111.0M$470.0M$486.0M

Latest News

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Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$-563.0M$-514.0M$-595.0M$-88.0M$45.0M
Investing Cash Flow$247.0M$58.0M$-1.0M$-1.0M$-1.0M
Financing Cash Flow$12.0M$-14.0M$10.0M$-235.0M$0
Net Cash Flow$75.0M$-89.0M$-201.0M$60.0M$55.0M
Free Cash Flow$-564.0M$-515.0M$-596.0M$-88.0M$45.0M

Valuation & Return Ratios

MetricValue
PEG Ratio34.47
EV / EBITDA31.97
FCF Yield0.72%
Quick Ratio3.16
Interest Coverage1.25
Return 1Y134.36%
Return 3Y-53.32%
Return 5Y-10.04%

Ownership

Insiders Held11.36%
Institutions Held110.43%
Institutions Float Held124.59%
Institutional HolderSharesReport Date
Blackrock Inc.13,536,9642026-03-31
Wellington Management Group, LLP12,721,3522025-12-31
Avoro Capital Advisors LLC12,222,2222025-12-31
Morgan Stanley9,173,0042025-12-31
Deep Track Capital, Lp7,750,0002025-12-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
AAPLApple Inc. $313.33 +0.29% 37.72 $4.60T 0.34%
MSFTMicrosoft Corporation $499.99 +0.03% 22.95 $3.71T 0.94%
GOOGLAlphabet Inc. $354.30 -0.96% 27.68 $4.29T 0.23%
AMZNAmazon.com, Inc. $274.48 +0.82% 28.76 $2.95T 0.00%
METAMeta Platforms, Inc. $592.10 +0.37% 21.47 $1.51T 0.35%

About Apellis Pharmaceuticals, Inc.

Apellis Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutic compounds to treat diseases with high unmet needs. It offers EMPAVELI for the treatment of paroxysmal nocturnal hemoglobinuria; and SYFOVRE for treating geographic atrophy secondary to age-related macular degeneration and geographic atrophy (GA). The company also develops EMPAVELI to treat C3 glomerulopathy and immune complex membranoproliferative glomerulonephritis, focal segmental glomerulosclerosis, and delayed graft function; and APL-3007, a small interfering RNA, or siRNA for the treatment of GA. In addition, it conducts preclinical studies for APL-9099, a treatment targeting the neonatal Fc receptor, or FcRn, which has the potential to be a first-in-class gene editing treatment for future target indications with one-time dosing; and developing other programs with its proprietary in-house capabilities and under its Beam collaboration. It has a collaboration and license agreement with Swedish Orphan Biovitrum AB (publ) for development and commercialization of pegcetacoplan; and a collaboration with Beam Therapeutics, Inc. focused on the use of Beam's base editing technology to discover new treatments for complement-driven diseases. Apellis Pharmaceuticals, Inc. was incorporated in 2009 and is headquartered in Waltham, Massachusetts. As of May 14, 2026, Apellis Pharmaceuticals, Inc. operates as a subsidiary of Biogen Inc.

Apellis Pharmaceuticals, Inc. (APLS) stock trades at $41.03 with a market capitalization of $5.25B. The stock is valued at a price-to-earnings (P/E) ratio of 38.37, price-to-book of 12.66, price-to-sales of 4.75. Over the past 52 weeks the stock has ranged between $16.10 and $41.14, and currently trades at its 52-week high.

On profitability, Apellis Pharmaceuticals, Inc. generates a return on equity (ROE) of 46.02% — well above the market average, a sign of a high-quality business, return on capital employed of 14.86%, an operating margin of 9.87%, a net profit margin of 12.06%.

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