Mirati Therapeutics, Inc.(MRTX) Stock Research - Grey Stern Research
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Mirati Therapeutics, Inc. (MRTX) Stock Analysis

$58.70 (-0.17%)

MRTX Financial Performance


Use the table below to view Mirati Therapeutics, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2023

Metric Value Ranking among Peers
Price $58.70 -
52 Week Low $27.30 -
52 Week High $64.41 -
Market Cap $4.1 Billion 7/12
Gross Margin 91% 4/12
Profit Margin -100% 11/12
EBITDA margin -1049% 10/12
Q3 - 2023 Revenue $16.4 Million 7/12
Q3 - 2023 Earnings -$161.9 Million 12/12
Q3 - 2023 Free Cash Flow -$143.7 Million 12/12
Trailing 4 Quarters Revenue $38.2 Million 6/12
Trailing 4 Quarters Earnings -$716.6 Million 12/12
Quarterly Earnings Growth 7% 8/12
Annual Earnings Growth -2% 7/12
Quarterly Revenue Growth 202% 2/12
Annual Revenue Growth 77% 3/12
Cash On Hand $258.7 Million 6/12
Short Term Debt $8.0 Million 3/12
Long Term Debt $42.2 Million 6/12

Mirati Therapeutics, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Mirati Therapeutics, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE -1.00 2/12
PS 107.82 4/12
PB 4.35 8/12
PC 15.92 4/12
Liabilities to Equity 0.19 8/12
ROA -0.63 11/12
ROE -0.76 8/12
Current Ratio 6.17 4/12
Quick Ratio 5.33 4/12
Long Term Debt to Equity 0.04 5/12
Debt to Equity 0.05 5/12
Burn Rate 1.56 9/12
Cash to Cap 0.06 9/12
CCR 0.89 4/12
EV to EBITDA -22.72 7/12
EV to Revenue 102.36 4/12

Company Details

Mirati Therapeutics, Inc., a clinical-stage oncology company, develops product candidates to address the genetic and immunological promoters of cancer in the United States. The company develops MRTX849, a KRAS G12C inhibitor, which is in Phase 1/2 clinical trial for treating non-small cell lung (NSCL), colorectal, pancreatic, and other cancers; and Sitravatinib, an investigational spectrum-selective kinase inhibitor that is in Phase 3 clinical trial for the treatment of NSCL cancer, as well as a KRAS G12D inhibitor program, which is in preclinical development. It has a collaboration and license agreement with BeiGene, Ltd. to develop, manufacture, and commercialize sitravatinib. Mirati Therapeutics, Inc. was founded in 1995 and is headquartered in San Diego, California.

CEO: Dr. Charles Baum

Website: https://www.mirati.com

Address: 9393 Towne Centre Dr Ste 200 San Diego, CALIFORNIA

Exchange: NASDAQ Global Select

Industry: Biotechnology

Mirati Therapeutics, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Mirati Therapeutics, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Viking Therapeutics, Inc. VKTX $7.6 Billion
Reata Pharmaceuticals, Inc. RETA $6.6 Billion
Sarepta Therapeutics, Inc. SRPT $12.1 Billion
Intercept Pharmaceuticals, Inc. ICPT $794.7 Million
Madrigal Pharmaceuticals, Inc. MDGL $5.3 Billion
PTC Therapeutics, Inc. PTCT $2.8 Billion
Apellis Pharmaceuticals, Inc. APLS $4.5 Billion
Krystal Biotech, Inc. KRYS $5.3 Billion
Hepion Pharmaceuticals, Inc. HEPA $3.9 Million
Terns Pharmaceuticals, Inc. TERN $706.5 Million
Day One Biopharmaceuticals, Inc. DAWN $1.3 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
MRTX Income Statements
Quarter Year Revenue Earnings
Q3 2023 $ 16.4 Million -$161.9 Million
Q2 2023 $ 13.7 Million -$176.9 Million
Q1 2023 $ 7.2 Million -$175.3 Million
Q4 2022 $ 934,000 -$202.5 Million
Q3 2022 $ 5.4 Million -$173.6 Million
Q2 2022 $ 5.4 Million -$176.4 Million
Q1 2022 $ 709,000 -$188.4 Million
Q4 2021 $ 299,000 -$200.1 Million

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MRTX Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2023 $258.7 Million $1.1 Billion $50.2 Million $946.5 Million
Q2 2023 $129.9 Million $915.0 Million $50.7 Million $729.0 Million
Q1 2023 $241.9 Million $1.0 Billion $43.2 Million $862.6 Million
Q4 2022 $235.3 Million $1.2 Billion $51.5 Million $996.5 Million
Q3 2022 $298.8 Million $1.3 Billion $0 $1.1 Billion
Q2 2022 $265.6 Million $1.3 Billion $0 $1.1 Billion
Q1 2022 $304.7 Million $1.4 Billion $0 $1.2 Billion
Q4 2021 $413.1 Million $1.6 Billion $45.9 Million $1.4 Billion

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MRTX Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2023 -$143.7 Million -$36,000 $128.9 Million
Q2 2023 -$132.1 Million -$722,000 -$112.1 Million
Q1 2023 -$190.5 Million -$269,000 $6.7 Million
Q4 2022 -$129.6 Million -$810,000 -$63.6 Million
Q3 2022 -$296.3 Million $2.0 Million $33.2 Million
Q2 2022 -$142.2 Million $1.3 Million -$39.1 Million
Q1 2022 -$161.6 Million -$1.1 Million -$108.4 Million
Q4 2021 $258.5 Million $7.7 Million $170.5 Million

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