INDVIndivior Pharmaceuticals, Inc.

$35.84+59% 1Y

Is the business good?

Mixed

The checks split: nothing decisive, though profits without cash flow.

1 to watch, 1 neutral, 2 without data
Fundamental health (F-score)4 / 9SEC EDGAR · Dec 31, 2025

Mixed fundamental signals. Nine pass/fail tests of year-over-year health from the filings.

Profits arrive as cash-0.10×derived · Jun 30, 2026

Reports an operating profit but operating cash flow is negative, a red flag. Conversion is worsening vs a year ago.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

FCF conversionbottom 8% of the market
Leverage (Debt/EBITDA)better than 79% of the market

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.

How good a business is INDV?

Indivior Pharmaceuticals, Inc. keeps 32% of every revenue dollar as operating profit, against 11% for the median Drug Manufacturers - Specialty & Generic name.

32%

Operating margin · Drug Manufacturers - Specialty & Generic median 11% · 12 months to Q2 2026

Cash conversion
−0.10×

Cash conversion · 1.73× a year ago · the operating profit has not turned into cash yet

Share count, year on year
−1.6%

Share count, year on year · bought back, each share owns more of the company

R&D as % of revenue
6.2%

R&D as % of revenue

Operating margin by fiscal year
YearOperating margin
FY2022−9.0%
FY2023−14%
FY20243.2%
FY202521%
Details›
Gross margin12 months to Q2 2026
82%
Operating margin12 months to Q2 2026
32%
Net margin12 months to Q2 2026
27%
Free cash flow margin
−8.3%
R&D as % of revenue
6.2%
Revenue, trailing twelve months
$1.33B
Free cash flow, trailing twelve months
−$111M
Net income, trailing twelve months
$355M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.