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Liquidia stock: key metrics
LQDALiquidia had an operating margin of −32.5% and a return on invested capital (ROIC) of −17.8% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2016 | 93.0% | −120.0% | −120.6% |
| 2017 | 95.6% | −386.2% | −401.7% |
| 2018 | 95.5% | −1,288.1% | −1,962.9% |
| 2019 | 90.0% | −580.1% | −589.5% |
| 2020 | 67.9% | −7,989.0% | −8,080.1% |
| 2021 | 76.5% | −263.0% | −269.0% |
| 2022 | 82.1% | −243.3% | −257.4% |
| 2023 | 83.5% | −419.6% | −448.9% |
| 2024 | 58.0% | −866.6% | −931.7% |
| 2025 | 91.6% | −32.5% | −43.5% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2016 | 87.3% | no data | −100.0% |
| 2017 | 86.5% | no data | −100.0% |
| 2018 | −100.0% | no data | −100.0% |
| 2019 | −100.0% | −74.7% | −69.1% |
| 2020 | −84.1% | −64.2% | −60.0% |
| 2021 | −53.0% | −30.7% | −36.9% |
| 2022 | −45.4% | −29.6% | −31.7% |
| 2023 | −100.0% | −52.0% | −66.3% |
| 2024 | −100.0% | −62.0% | −56.6% |
| 2025 | −100.0% | −17.8% | −21.0% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak since 11 Nov 2026, previously Neutral
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.