LNTHLantheus Holdings, Inc.

$100.82

Is the business good?

How good a business is LNTH?

Lantheus Holdings, Inc. earns 18% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

18%

Return on invested capital · cost of capital 9.0% · 8.8 points above what the capital costs: growth creates value

Operating margin
19%

Operating margin · Drug Manufacturers - Specialty & Generic median 12% · 12 months to Q1 2026

Cash conversion
1.35×

Cash conversion · 1.86× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−8.0%

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

Operating margin by fiscal year
YearOperating margin
FY2020−1.2%
FY2021−14%
FY20223.9%
FY202328%
FY202430%
FY202520%
Details
Gross margin12 months to Q1 2026
60%
Operating margin12 months to Q1 2026
19%
Net margin12 months to Q1 2026
18%
Free cash flow margin
24%
R&D as % of revenue
12%
Revenue, trailing twelve months
$1.55B
Free cash flow, trailing twelve months
$377M
Net income, trailing twelve months
$279M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
18%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.