# Exelixis Inc. (EXEL) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Healthcare / Biotechnology. Price $59.01, market value $14.6 billion.

## Valuation
- **P/E (trailing): 18.6×** (5-yr avg 25.2×, 3-yr avg 24.0×). Exelixis Inc. trades at 18.6× trailing earnings, well below its own five-year average of 25.2×: cheap by its own standards. The Healthcare median in the September 2026 study was 28.5×. Forward P/E is 13.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.24**. A PEG of 0.24 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 6.0×**. Each dollar of revenue is priced at 6.0×.
- **Price / book: 8.0×**. The shares trade at 8.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 14.1×**. Enterprise value is 14.1× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 8.0%** (5-yr avg 6.0%). Free cash flow equals 8.0% of the market value, above its five-year average of 6.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 5.4%**. The inverse of the P/E: 5.4% of the price is earned each year.

## Profitability
- **Operating margin: 39.9%**. 39.9% of revenue is left after running the business, an exceptional level.
- **Net margin: 33.7%**. 33.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 36.2%**. 36.2% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 45.7%**. Return on all capital, debt included, is 45.7%: comfortably above what that capital costs.
- **Return on assets: 30.3%**. Each dollar of assets produces 30.3% of profit.

## Growth
- **Revenue growth (1 yr): 7.0%** (3-yr 12.9%/yr, 5-yr 18.6%/yr). Revenue grew 7.0% over the last year, against 18.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 58.0%** (3-yr 70.6%/yr, 5-yr 51.4%/yr). Earnings per share rose 58.0%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 37.8%/yr**. Free cash flow has compounded at 37.8% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Exelixis Inc. holds more cash than debt.
- **Current ratio: 3.56** (quick 3.56). Current assets cover the next year's liabilities 3.56 times.
- **Altman Z-score: 16.17**. A Z-score of 16.17 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Exelixis Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (17 analysts). 17 analysts cover Exelixis Inc.; the consensus is buy, with an average price target of $53.00 (-10% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 57.9%** (YTD 34.6%, 3-mo 12.0%). The shares are up 57.9% over twelve months including dividends.
- **From 52-week high: -1.2%** (74.8% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 64**. An RSI of 64 is neutral.
- **Beta (1 yr): 0.63** (volatility 37%). Beta of 0.63 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=EXEL · Page: https://foliofundamentals.com/stocks/exel

Not investment advice.