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Tarsus Pharmaceuticals, Inc. (TARS) stock

TARSNasdaqBiological Products, (No Diagnostic Substances)Fiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 10/309% above fair value
$80.28+3.39 (+4.41%)

Close on Nov 13, 2026Market cap $3.52BP/E –Yield 0.00%

Tarsus Pharmaceuticals statistics

86 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings
Feb 22, 2027 (estimated, after the close)
Last ex-dividend date
No dividends
Fundamentals through
Jun 30, 2026
Share price as of
Nov 13, 2026

Valuation ratiosIndustry

Market Cap
$3.52B
$272.32M
Enterprise Value
$3.15B
$146.23M
PS Ratio
5.81
3.66
PB Ratio
10.16
2.00
P/TBV Ratio
10.37
2.22
P/FCF Ratio
62.91
17.86
P/OCF Ratio
47.51
12.99

Enterprise valuationIndustry

EV / Sales
5.19
2.57
EV / FCF
56.18
22.27

Share statisticsIndustry

Shares Change (YoY)
8.24%
10.8%
Shares Change (QoQ)
0.58%
0.50%
Float
43M
49M
Shares Held by Insiders
3.13%
11.7%
Shares Held by Institutions
110.0%
56.4%

Short sellingIndustry

Short Interest
6M
–
Short Interest Change
5.85%
-0.80%
Short % of Float
14.3%
9.01%
Short % of Shares Outstanding
13.8%
6.30%
Days to Cover
6.94
5.15

Stock price statisticsIndustry

52-Week High
$91.53
–
52-Week Low
$53.89
–
20-Day Moving Average
$72.15
–
50-Day Moving Average
$74.85
–
200-Day Moving Average
$67.97
–
Average True Range (14)
$3.82
–
Price Change (1 Week)
17.0%
-1.15%
Price Change (1 Month)
13.1%
-4.87%
Price Change (3 Months)
13.7%
-21.0%
Price Change (6 Months)
28.5%
-20.6%
Price Change (YTD)
-1.95%
-23.6%
Price Change (1 Year)
7.31%
-22.4%
Price Change (3 Years)
348.0%
-29.5%
Price Change (5 Years)
195.3%
-77.9%
Average Volume (10 Days)
1M
–
Average Volume (20 Days)
861,583
–
Average Volume (90 Days)
910,730
–
Relative Volume
0.79
0.70
Relative Strength Index (14)
64.8
43.4
Volatility (1 Year)
45.0%
80.1%
Beta (5 Years)
0.66
1.07

MarginsIndustry

Operating Margin
-8.00%
-38.7%
Profit Margin
-7.67%
-31.6%
EBITDA Margin
-8.00%
-27.7%
FCF Margin
9.24%
-9.56%

Returns on capitalIndustry

Return on Equity (ROE)
-13.7%
-49.9%
Return on Assets (ROA)
-8.40%
-40.6%
Return on Capital Employed (ROCE)
-11.1%
-37.9%

Financial positionIndustry

Current Ratio
3.20
3.30
Quick Ratio
3.11
2.39
Debt / Equity
0.21
0.49
Debt / FCF
1.30
4.65
Interest Coverage
-5.54
-6.35

GrowthIndustry

Revenue Growth (YoY)
105.2%
6.82%
Revenue Growth (3Y CAGR)
159.5%
2.25%

EfficiencyIndustry

Asset Turnover
1.10
0.40
Revenue Per Employee
$1.64M
$429.29K
Profits Per Employee
-$125.61K
-$689.41K
Employee Count
370
74
WACC
8.40%
10.2%

Income statement (TTM)Industry

Revenue
$606.33M
$66.37M
Operating Income
-$48.54M
-$21.37M
Net Income
-$46.48M
-$22.35M
EBITDA
-$48.54M
-$17.21M
EPS (Diluted)
-$1.09
-$0.76

Balance sheetIndustry

Total Debt
$72.76M
$116.91M
Net Cash (Debt)
$376.93M
$17.76M
Net Cash Per Share
$8.59
$0.80
Equity (Book Value)
$346.73M
$53.89M
Book Value Per Share
$7.90
$1.50
Tangible Book Value
$339.85M
$27.13M
Working Capital
$386.24M
$79.99M

Cash flow (TTM)Industry

Operating Cash Flow
$74.16M
-$12.38M
Capital Expenditures
-$18.16M
-$1.00M
Free Cash Flow
$56.00M
-$18.21M
FCF Per Share
$1.28
-$0.42

Dividends and yieldsIndustry

Earnings Yield
-1.32%
-21.8%
FCF Yield
1.59%
-9.44%
Dividend Yield
0.00%
1.88%
Shareholder Yield
0.00%
0.00%
Dividend Per Share
$0.00
$0.83
Years of Dividend Growth
0
0

Taxes and interestIndustry

Interest Expense
$8.77M
$2.90M

Scores and fair valueIndustry

Altman Z-Score
8.45
0.23
Piotroski F-Score
4
4

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

PeriodTARSS&P 500DifferenceTARS per yearS&P 500 per year
1 month+13.4%-3.0%+16.4 pts
3 months+16.6%-2.8%+19.3 pts
Year to date-2.0%+11.5%−13.4 pts
1 year+10.7%+13.5%−2.8 pts
3 years+367.6%+77.7%+289.9 pts+67.2%+21.1%
5 years+195.3%+72.6%+122.6 pts+24.2%+11.5%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

6M TARS shares were sold short on Oct 30, 2026, up 5.8% from the previous report, or 14.27% of the shares available to trade. At recent volumes it would take 6.9 days to buy them back. Over the last 20 sessions, 70.7% of the volume reported to FINRA was short selling.

Settlement dateShares shortChangeAvg. daily volumeDays to cover
Oct 30, 20266,066,524+5.8%874,4866.9
Oct 15, 20265,731,409-5.6%1,004,5015.7
Sep 30, 20266,070,928-0.9%732,0128.3
Sep 15, 20266,127,884+1.9%923,4266.6
Aug 31, 20266,011,550+0.2%613,1559.8
Aug 14, 20265,997,475-0.3%801,0937.5
Jul 31, 20266,016,830+4.0%914,4206.6
Jul 15, 20265,783,063-1.8%1,819,2443.2
Jun 30, 20265,889,643+18.3%943,1866.2
Jun 15, 20264,979,585-2.9%559,3348.9
May 29, 20265,125,873+4.5%690,0817.4
May 15, 20264,905,282+1.8%855,8355.7

Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.

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