GMAB

Genmab A/S ADS
D

GMAB

Arincen61/100B

If you had invested in Genmab A/S ADS ago, it would be worth $2,924 today, against $4,081 in SPY and $6,291 in QQQ.

ArincenArincen ScoreBeta

61/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation2.5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Genmab A key facts

Style
Blend stock · 1.5/10Growth 1.4 · Value 1.5
Day range
50.720 – 51.560
52-week range
23.620 – 59.970
Market capitalization
31.67B USD
P/E
43.27
PEG ratio
2.30
EPS
1.19
EPS growth forecast (FY2026)
-19.4%
Volume
177,371
Beta
0.65
ESG score
53.8/100Environment 36 · Social 66 · Governance 60
Sector
Healthcare
Industry
Biotechnology
CEO
Jan van de Winkel
Employees
3K
Website
genmab.com
IPO date
1 Jun 2009

Genmab A earnings

Next earnings · Q4 FY2026
EPS estimate
0.23 USD
Revenue estimate
1.25B USD
Last quarter · Q3 FY2026
EPS0.56Beat +55.6%Revenue1.19BMissed -0.9%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q1 FY20270.20——+126.00%1.11B——+24.26%
Q4 FY20260.23——+360.00%1.25B——+18.37%
Q3 FY20260.360.56+55.56%-13.85%1.20B1.19B-0.92%+16.14%
Q2 FY20260.370.54+45.95%0.00%1.12B1.16B+3.46%+24.89%
Q1 FY20260.150.09-42.00%-71.94%905.77M896.00M-1.08%+23.42%
Q4 FY20250.460.05-89.13%-91.23%1.07B1.06B-0.76%+18.11%
Q3 FY20250.480.65+35.42%+124.14%1.01B1.02B+1.08%+25.37%
Q2 FY20250.390.54+38.46%+145.45%952.56M924.81M-2.91%+17.13%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Genmab A analyst forecast

12-month price target
50.83 USD
-1.04%

Analysts' 1-year price targets range from 40.00 to 70.00, with an average of 50.83.

Past year
1-year forecast
Strong sellStrong buy
Strong buy
6 ratings
Buy
5
Hold
1
Sell
0

12-month price target

Highest target70.00
Average target50.83
Lowest target40.00
Current price51.37

Genmab A valuation

Price to earnings ratio (TTM)
43.27
Forward P/E (FY2026)
41.13
Price to sales (TTM)
7.37
Price to book
5.00
EV / EBITDA (TTM)
28.97

Capital structure

Market capitalization
31.67B USD
+
Total debt
5.20B USD
−
Cash and short-term investments
1.86B USD
=
Enterprise value
35.01B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)19.02————
FY2027 (est.)31.6019.02———
FY2026 (est.)41.1331.60———
Now (TTM)43.2732.577.375.0028.97
FY202519.9124.665.143.2817.10
FY202412.3912.114.512.659.11
FY202332.5626.508.604.4821.27
FY202235.2938.3713.277.0524.93
FY202157.22—20.097.6238.42

Genmab A against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Revolution Medicines, United Therapeutics, Incyte, Insmed, Alnylam Pharmaceuticals, and Exelixis, the US Biotechnology companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median43.3
    2.347.0
  • Gross marginLowest in 5 years91.7%
    91.7%100.0%
    Against its peers: 4 of 7Peers' median 90.3%
  • Operating marginAt its median33.6%
    31.1%43.2%
    Against its peers: 3 of 7Peers' median 19.8%
  • Net marginLowest in 5 years25.9%
    25.9%37.6%
    Against its peers: 3 of 7Peers' median 16.7%
  • Return on equityAt its median16.5%
    13.3%21.4%
    Against its peers: 5 of 7Peers' median 21.9%
  • Free cash flow marginAt its median30.9%
    23.5%42.5%
    Against its peers: 3 of 7Peers' median 19.4%
  • Revenue growthLowest in 5 years-82.7%
    -82.7%72.3%
    Against its peers: 7 of 7Peers' median 15.9%
  • EPS growthLowest in 5 years-87.3%
    -87.3%84.4%
    Against its peers: 4 of 4Peers' median 58.0%
  • Debt to EBITDAHighest in 5 years4.06×
    0.08×4.06×
    Against its peers: 5 of 5Peers' median 0.11×
  • Current ratioLowest in 5 years2.02
    2.0215.48
    Against its peers: 7 of 7Peers' median 3.69

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Genmab A growth and profitability

Revenue (TTM)
4.30B USD
Net income (TTM)
729.10M USD
Gross margin
92.60%
Operating margin
30.63%
Net margin
16.97%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY20253.72B-82.70%963.76M-87.71%91.69%33.60%25.89%1.34B-86.21%
FY202421.53B+30.67%7.84B+80.24%95.42%31.14%36.44%9.70B+61.60%
FY202316.47B+13.57%4.35B-20.18%98.63%32.30%26.42%6.00B-18.31%
FY202214.51B+72.33%5.45B+84.38%100.00%43.21%37.59%7.35B+75.74%
FY20218.42B-16.75%2.96B-37.85%100.00%35.08%35.13%4.18B-32.29%

How Genmab A makes its money

Revenue3.72B 100.0%
Cost of revenue309.24M 8.3%
Gross profit3.41B 91.7%
Research and development1.56B 41.9%
Selling and administration602.47M 16.2%
Operating income1.25B 33.6%
Tax241.19M 6.5%
Other expense46.04M 1.2%
Net income963.76M 25.9%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Genmab A financial health

Cash and short-term investments
1.86B USD
Total debt
5.20B USD
Net cash
-3.34B USD
Free cash flow (TTM)
842.34M USD
Current ratio
2.45
Debt to equity
0.82
Piotroski score
5 / 9
Altman Z-score
21.42

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20251.71B5.43B1.15B
FY202421.10B1.03B7.58B
FY202328.14B770.00M7.00B
FY202222.32B597.00M3.60B
FY202119.34B425.00M1.98B

Genmab A ownership

Institutions
16.70%
Institutional holders
307 (+26)
Free float
95.53%

Who owns the shares

Institutions 16.7% Others 83.3%
As of 30 Jun 2026

Shares free to trade

Free float 589.06M shares ·95.5% Closely held 27.54M shares ·4.5%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025621.51M626.92M-3.00%
FY2024646.33M646.33M-1.94%
FY2023659.15M659.15M-0.14%
FY2022653.87M660.10M-0.05%
FY2021653.96M660.46M+0.24%

Source: Financial Modeling Prep

Related Instruments

Title: Genmab A/S ADS

Sector: Healthcare
Industry: Biotechnology
Genmab is a Copenhagen-based biotechnology company specializing in antibody therapeutics for the treatment of cancer. Genmab's proprietary antibody technologies are DuoBody, HexaBody, DuoHexaBody, and HexElect. Johnson & Johnson partnered with Genmab to create Darzalex, which is regarded as the standard of care for multiple myeloma and is Genmab's leading product. Genmab also has Tepezza for thyroid eye disease (partnered with Horizon), Kesimpta for relapsing multiple sclerosis (partnered with Novartis), Rybrevant (partnered with Johnson & Johnson) for non-small cell lung cancer (NSCLC), Tivdak (partnered with Seagen) for cervical cancer, and Epkinly (partnered with AbbVie) for diffuse large B-cell lymphoma. Genmab has several pipeline candidates targeting other oncologic indications.

Common questions about Genmab A stock