Mismanagement

RPRXRoyalty Pharma plc

Pharmaceutical Preparations

Revenue
$2.4BFY2021: $2.3BFY2022: $2.2BFY2023: $2.4BFY2024: $2.3BFY2025: $2.4B
5.1% YoY
Operating margin
65.6%FY2021: 62.5%FY2022: 13.7%FY2023: 63.4%FY2024: 57.1%FY2025: 65.6%
15% YoY
EBITDA
$1.6BFY2021: $1.4BFY2022: $307MFY2023: $1.5BFY2024: $1.3BFY2025: $1.6B
21% YoY
Market cap
—
Employees
—
Net debt / EBITDA
5.2×
$8.1B net debt
AI in 10-K
—

Red flags 1 of 9

Financials

MetricFY2021FY2022FY2023FY2024FY2025YoYTrend
Revenue$2.3B$2.2B$2.4B$2.3B$2.4B 5.1% FY2021: $2.3BFY2022: $2.2BFY2023: $2.4BFY2024: $2.3BFY2025: $2.4B
Operating income$1.4B$307M$1.5B$1.3B$1.6B 21% FY2021: $1.4BFY2022: $307MFY2023: $1.5BFY2024: $1.3BFY2025: $1.6B
Net income$620M$43M$1.1B$859M$771M 10% FY2021: $620MFY2022: $43MFY2023: $1.1BFY2024: $859MFY2025: $771M
Operating cash flow$2.0B$2.1B$3.0B$2.8B$2.5B 10% FY2021: $2.0BFY2022: $2.1BFY2023: $3.0BFY2024: $2.8BFY2025: $2.5B
Stock-based comp$2M$2M$2M$2M$290M 12267% FY2021: $2MFY2022: $2MFY2023: $2MFY2024: $2MFY2025: $290M
Buybacks$0$0$305M$230M$1.2B 434% FY2021: $0FY2022: $0FY2023: $305MFY2024: $230MFY2025: $1.2B

Deal filings

None.

13D filers

None on file.

Insider trading

Open-market buys, 12 mo
$0 · 0
Open-market sells, 12 mo
$6M · 4
Net
−$6M

Pay vs performance

YearCEO total compComp actually paidTSR (indexed)Peer TSR
FY2025$938K$83M85206
FY2024—$191M57170
FY2023—$27M61152
FY2022—$46M82141
FY2021—$57M81128