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RPRX

Royalty Pharma plc
$63.75
+2.57% Oct 22 close
Healthcare CompareTechnicals
-5%+14%+34%+54%+74%Oct 2025Oct 2026Apr 2026
RPRXSPY
1W
+6.9%
1M
+8.9%
3M
+8.4%
6M
+29.5%
YTD
+67.3%
1Y
+76.4%

Live chart

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What they do

Royalty Pharma plc operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States. Its portfolio consists of royalties on approximately 35 marketed therapies and 20 development-stage product candidates that address various therapeutic areas, such as rare disease, oncology, neuroscience, infectious disease, hematology, and diabetes.

Healthcare · Biotechnology

For information only · Important disclosures

Grades vs sector

No sector grades for RPRX yet. Grades rank S&P 1500 stocks within their sector and refresh after each daily data run, so a stock outside that index or newly covered has none.

Systematic Models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
ranked 24 of 589 · 12-month momentum 77.6%
Coteau Long Book
Not in the current book

News

More news
Royalty Pharma declares fourth quarter 2026 dividend
GlobeNewswire · Oct 16
Royalty Pharma (RPRX) Offers Attractive Risk-Reward Profiles at Reasonable Multiples
Insider Monkey · Oct 12
Royalty Pharma to announce third quarter 2026 financial results on November 4, 2026
GlobeNewswire · Oct 09
Why Royalty Pharma (RPRX) is Poised to Beat Earnings Estimates Again
Zacks · Oct 08
Royalty Pharma Owns a Piece of 16 Blockbuster Drugs -- Is the Stock a Buy?
Motley Fool · Oct 01

Key stats

Market value$36.1B
P/E (last 12 months)33.2
P/E (next 12 months, estimated)10.8
52-week range$35.91 – $64.38
Revenue growth (latest quarter vs a year ago)+16.5%
Dividend yield1.51%
Analyst consensusStrong Buy (8)
Average analyst price target$65.38 (+3%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Leans undervalued
Model read-out from the numbers below, not advice. Score +1 (DCF counts double).
▲DCF (base case)above the price by 158%
•Piotroski F-score5/9
•Altman Z2.8 (grey)
▼Net debt / EBITDA5.4x
•Analyst target+3% (8 analysts)

Discounted cash flow

Bear
$88
+37%
growth 4% · disc. 8.0% · term. 2.0%
Base
$164
+158%
growth 9% · disc. 7.0% · term. 2.5%
Bull
$303
+375%
growth 12% · disc. 6.0% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price implies shrinking cash flows: about -3% a year for 10 years.
Implied
-3%/yr
FCF, last 3 yrs
+5%/yr
FCF, last 5 yrs
+4%/yr
Revenue, last 3 yrs
+2%/yr
Revenue, last 5 yrs
+2%/yr
Same inputs as the DCF above: trailing free cash flow 3.0B, 7.0% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.41 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs sector

Forward EPS $5.80 vs trailing $1.88 (+208% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
–
Operating margin
59.6%
FCF margin
117.4%
Net margin
32.0%
Return on equity
–
Return on invested capital
18.6%
Net debt / EBITDA
5.4×
Current ratio
2.8×
Interest cover
4.2×
Cash conversion (OCF/NI)
3.7×
Piotroski F-score 5/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✓ Current ratio improved✓ No share dilution✗ Gross margin improved✗ Asset turnover improved

Altman Z-score 2.8 (grey zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$65
+3%
Analysts
8
Strong Buy
Range
$61–$70
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$2.4B$770.9M$2.5B
2024$2.3B$859.0M$2.8B
2023$2.4B$1.1B$3.0B
2022$2.2B$42.8M$2.1B
2021$2.3B$619.7M$2.0B
2020$2.1B$975.0M$2.0B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +2.1%.

Earnings

Next report: 2026-11-04 · before open · EPS est 1.18
24-1125-0225-0525-0825-1126-0226-0526-080.001.47
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-051.271.32+3.9%
2026-05-061.181.30+9.4%
2026-02-111.331.47+9.9%
2025-11-051.041.17+12.5%
2025-08-061.031.14+10.5%
2025-05-080.951.06+10.8%
2025-02-111.051.15+9.2%
2024-11-060.931.04+12.1%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$674.1M+16.5%
2026-03-31$630.6M–
2025-12-31$622.0M–
2025-09-30$609.3M–
2025-06-30$578.7M–
Rating changes
Reiterated
2026-10-07 · Morgan Stanley reiterated Overweight on RPRX
Reiterated
2026-09-08 · TD Cowen reiterated Buy on RPRX
Reiterated
2026-08-07 · JP Morgan reiterated Overweight on RPRX
Reiterated
2026-07-13 · TD Cowen reiterated Buy on RPRX
Reiterated
2026-05-07 · Citigroup reiterated Buy on RPRX
Reiterated
2026-05-07 · JP Morgan reiterated Overweight on RPRX

Third-party analyst actions, not Coteau's views. All rating changes

Recent dividends

2026-08-14: $0.235 · 2026-05-15: $0.235 · 2026-02-20: $0.235 · 2025-11-14: $0.220 · 2025-08-15: $0.220 · 2025-05-16: $0.220 · 2025-02-21: $0.220 · 2024-11-15: $0.210
Insider trades
Urist Marshall
EVP, Research & Investments · 2026-10-05
Sell
$235.6K
Urist Marshall
EVP, Research & Investments · 2026-09-28
Sell
$238.8K
Hite Christopher
EVP & Chairman, Partnering · 2026-09-22
Sell
$231.4K
Hite Christopher
EVP & Chairman, Partnering · 2026-09-22
Sell
$5.6M
Hite Christopher
EVP & Chairman, Partnering · 2026-08-18
Sell
$6.0M
Coyne Terrance P.
EVP & CFO · 2026-08-13
Sell
$104.8K
Coyne Terrance P.
EVP & CFO · 2026-08-13
Sell
$540.8K
None
None · None
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Stats refreshed 2026-10-21 11:27:54 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

Free. Not investment advice. Unsubscribe anytime.

coteau

Independent research · Not investment advice · Hypothetical unless marked Live · Data: Yahoo Finance (15-min delayed), SEC EDGAR, House Clerk · Important disclosures · Contact desk@coteau.app

Beta 0.9 · Oct 21, 2026