Lantheus Holding Financials
This page shows Lantheus Holding (LNTH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Flat sales now mask a cash-generative business choosing heavier reinvestment and capital returns, which compressed margins in FY2025.
Year over year, sales were essentially flat, yet operating margin fell from29.8% to20.2% ; that combination points to a cost-base reset, not a volume-driven break in the business. The clue is that SG&A and R&D both stepped higher while gross margin also eased, so the earnings decline reflects a business spending more to support itself rather than one losing the ability to turn revenue into cash.
Even after that squeeze, operating cash flow still ran well above net income, with
The balance sheet remains less debt-driven than it was three years ago because debt-to-equity improved from 1.2x to 0.5x even as cash fell. What tightened was the liquidity cushion, with the current ratio moving from 5.8x to 2.7x as surplus cash was put to work, so short-term flexibility is lower without a matching rise in leverage.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Lantheus Holding's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Lantheus Holding has an operating margin of 20.2%, meaning the company retains $20 of operating profit per $100 of revenue. This strong profitability earns a score of 72/100, reflecting efficient cost management and pricing power. This is down from 29.8% the prior year.
Lantheus Holding's revenue grew a modest 0.5% year-over-year to $1.5B. This slow but positive growth earns a score of 63/100.
Lantheus Holding has a moderate D/E ratio of 0.52. This balance of debt and equity financing earns a leverage score of 58/100.
With a current ratio of 2.70, Lantheus Holding holds $2.70 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 72/100.
Lantheus Holding earns a strong 21.4% return on equity (ROE), meaning it generates $21 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 73/100. This is down from 28.7% the prior year.
Lantheus Holding scores 5.55, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($7.0B) relative to total liabilities ($1.1B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Lantheus Holding passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Lantheus Holding generates $1.67 in operating cash flow ($390.1M OCF vs $233.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Lantheus Holding earns $15.7 in operating income for every $1 of interest expense ($310.8M vs $19.7M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Lantheus Holding generated $1.5B in revenue in fiscal year 2025. This represents an increase of 0.5% from the prior year.
Lantheus Holding's EBITDA was $380.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 27.0% from the prior year.
Lantheus Holding reported $233.6M in net income in fiscal year 2025. This represents a decrease of 25.2% from the prior year.
Lantheus Holding earned $3.41 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 21.8% from the prior year.
Cash & Balance Sheet
Lantheus Holding held $359.1M in cash against $568.7M in long-term debt as of fiscal year 2025.
Lantheus Holding had 65M shares outstanding in fiscal year 2025. This represents a decrease of 5.6% from the prior year.
Margins & Returns
Lantheus Holding's gross margin was 61.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 3.3 percentage points from the prior year.
Lantheus Holding's operating margin was 20.2% in fiscal year 2025, reflecting core business profitability. This is down 9.6 percentage points from the prior year.
Lantheus Holding's net profit margin was 15.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.2 percentage points from the prior year.
Lantheus Holding's ROE was 21.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 7.3 percentage points from the prior year.
Capital Allocation
Lantheus Holding invested $177.3M in research and development in fiscal year 2025. This represents an increase of 5.5% from the prior year.
Lantheus Holding spent $300.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 200.0% from the prior year.
LNTH Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $377.3M-7.2% | $406.8M+5.9% | $384.0M+1.6% | $378.0M+1.4% | $372.8M-4.7% | $391.1M+3.3% | $378.7M-3.9% | $394.1M |
| Cost of Revenue | $146.4M-11.8% | $165.9M+2.6% | $161.6M+18.0% | $137.0M+1.5% | $135.1M-5.3% | $142.6M+4.4% | $136.6M-1.2% | $138.3M |
| Gross Profit | $230.9M-4.1% | $240.9M+8.3% | $222.4M-7.7% | $241.0M+1.4% | $237.7M-4.4% | $248.5M+2.7% | $242.1M-5.3% | $255.8M |
| R&D Expenses | $39.4M-17.1% | $47.5M-1.1% | $48.0M+5.6% | $45.5M+25.3% | $36.3M+2.8% | $35.3M+46.3% | $24.1M-60.2% | $60.6M |
| SG&A Expenses | $57.5M-17.7% | $69.9M-14.7% | $81.9M+23.1% | $66.5M+17.1% | $56.8M-1.8% | $57.9M+42.8% | $40.5M-14.5% | $47.4M |
| Operating Income | $81.3M+5.4% | $77.2M+77.0% | $43.6M-50.4% | $88.0M-13.8% | $102.1M-10.4% | $113.9M-14.9% | $133.7M+30.2% | $102.7M |
| Interest Expense | $4.9M-4.2% | $5.1M+2.6% | $5.0M+0.7% | $4.9M+2.4% | $4.8M-4.8% | $5.0M+2.9% | $4.9M+0.8% | $4.9M |
| Income Tax | $38.0M+133.4% | $16.3M+11.4% | $14.6M-43.3% | $25.8M+9.2% | $23.6M+114.3% | $11.0M-75.6% | $45.0M+101.9% | $22.3M |
| Net Income | $118.4M+118.9% | $54.1M+94.8% | $27.8M-64.7% | $78.8M+8.0% | $72.9M+718.7% | -$11.8M-109.0% | $131.1M+111.2% | $62.1M |
| EPS (Diluted) | $1.80 | N/A | $0.41-63.4% | $1.12+9.8% | $1.02 | N/A | $1.79+103.4% | $0.88 |
LNTH Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.3B+5.4% | $2.2B-2.2% | $2.3B+7.6% | $2.1B+3.0% | $2.1B+3.8% | $2.0B-3.4% | $2.0B+5.7% | $1.9B |
| Current Assets | $942.3M+4.7% | $900.0M-2.7% | $925.1M-23.0% | $1.2B-15.6% | $1.4B+7.3% | $1.3B+2.4% | $1.3B+5.2% | $1.2B |
| Cash & Equivalents | $498.6M+38.8% | $359.1M-6.0% | $382.0M-45.1% | $695.6M-25.9% | $938.5M+2.8% | $912.8M+5.4% | $866.4M+14.4% | $757.0M |
| Inventory | $61.3M-5.2% | $64.7M+4.2% | $62.0M-0.2% | $62.2M-10.1% | $69.1M+1.6% | $68.0M-4.0% | $70.8M+0.5% | $70.5M |
| Accounts Receivable | $355.7M-0.8% | $358.6M+2.1% | $351.4M+4.4% | $336.6M-3.5% | $348.7M+8.6% | $321.3M-2.5% | $329.3M-11.5% | $372.3M |
| Goodwill | $239.4M0.0% | $239.5M-0.3% | $240.3M+35.9% | $176.9M+189.1% | $61.2M0.0% | $61.2M0.0% | $61.2M0.0% | $61.2M |
| Total Liabilities | $1.1B-0.3% | $1.1B-1.7% | $1.2B+21.9% | $949.3M+6.5% | $891.0M-0.1% | $892.3M+2.6% | $869.9M-4.7% | $913.1M |
| Current Liabilities | $333.2M-0.1% | $333.4M-3.9% | $346.8M+23.8% | $280.1M+13.0% | $248.0M+3.1% | $240.5M-69.3% | $784.1M+197.8% | $263.3M |
| Long-Term Debt | $569.6M+0.2% | $568.7M+0.1% | $567.9M+0.2% | $566.8M+0.1% | $566.1M+0.1% | $565.3M+92115.2% | $613K-99.9% | $563.2M |
| Total Equity | $1.2B+11.2% | $1.1B-2.6% | $1.1B-4.1% | $1.2B+0.2% | $1.2B+7.0% | $1.1B-7.8% | $1.2B+14.9% | $1.0B |
| Retained Earnings | $797.9M+17.4% | $679.5M+8.6% | $625.4M+4.6% | $597.6M+15.2% | $518.9M+16.4% | $445.9M-2.6% | $457.7M+40.1% | $326.6M |
LNTH Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $125.1M+38.8% | $90.2M-14.4% | $105.3M+20.9% | $87.1M-19.0% | $107.6M-31.8% | $157.7M-9.9% | $175.1M+106.6% | $84.7M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $26.0M+325.8% | -$11.5M+96.4% | -$319.5M-37.4% | -$232.5M-264.8% | -$63.7M-865.1% | -$6.6M+90.3% | -$67.8M-50.4% | -$45.1M |
| Financing Cash Flow | -$11.6M+88.5% | -$100.8M-1.6% | -$99.2M-0.8% | -$98.4M-440.2% | -$18.2M+82.4% | -$103.7M-5646.2% | $1.9M+1787.9% | $99K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | $100.0M0.0% | $100.0M | N/A | N/A | $100.0M | $0 | N/A |
LNTH Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.2%+2.0pp | 59.2%+1.3pp | 57.9%-5.8pp | 63.7%-0.0pp | 63.8%+0.2pp | 63.5%-0.4pp | 63.9%-1.0pp | 64.9% |
| Operating Margin | 21.6%+2.6pp | 19.0%+7.6pp | 11.4%-11.9pp | 23.3%-4.1pp | 27.4%-1.7pp | 29.1%-6.2pp | 35.3%+9.2pp | 26.1% |
| Net Margin | 31.4%+18.1pp | 13.3%+6.1pp | 7.2%-13.6pp | 20.8%+1.3pp | 19.6%+22.6pp | -3.0%-37.6pp | 34.6%+18.9pp | 15.8% |
| Return on Equity | 9.8%+4.8pp | 5.0%+2.5pp | 2.5%-4.3pp | 6.8%+0.5pp | 6.3%+7.4pp | -1.1%-12.2pp | 11.1%+5.1pp | 6.0% |
| Return on Assets | 5.1%+2.6pp | 2.4%+1.2pp | 1.2%-2.5pp | 3.7%+0.2pp | 3.5%+4.1pp | -0.6%-7.0pp | 6.4%+3.2pp | 3.2% |
| Current Ratio | 2.83+0.1 | 2.70+0.0 | 2.67-1.6 | 4.29-1.5 | 5.74+0.2 | 5.52+3.9 | 1.65-3.0 | 4.68 |
| Debt-to-Equity | 0.47-0.1 | 0.52+0.0 | 0.51+0.0 | 0.490.0 | 0.49-0.0 | 0.52+0.5 | 0.00-0.5 | 0.55 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Lantheus Holding's annual revenue?
Lantheus Holding (LNTH) reported $1.5B in total revenue for fiscal year 2025. This represents a 0.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Lantheus Holding's revenue growing?
Lantheus Holding (LNTH) revenue grew by 0.5% year-over-year, from $1.5B to $1.5B in fiscal year 2025.
Is Lantheus Holding profitable?
Yes, Lantheus Holding (LNTH) reported a net income of $233.6M in fiscal year 2025, with a net profit margin of 15.2%.
What is Lantheus Holding's EBITDA?
Lantheus Holding (LNTH) had EBITDA of $380.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Lantheus Holding have?
As of fiscal year 2025, Lantheus Holding (LNTH) had $359.1M in cash and equivalents against $568.7M in long-term debt.
What is Lantheus Holding's gross margin?
Lantheus Holding (LNTH) had a gross margin of 61.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Lantheus Holding's operating margin?
Lantheus Holding (LNTH) had an operating margin of 20.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Lantheus Holding's net profit margin?
Lantheus Holding (LNTH) had a net profit margin of 15.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Lantheus Holding's return on equity (ROE)?
Lantheus Holding (LNTH) has a return on equity of 21.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Lantheus Holding's operating cash flow?
Lantheus Holding (LNTH) generated $390.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Lantheus Holding's total assets?
Lantheus Holding (LNTH) had $2.2B in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Lantheus Holding spend on research and development?
Lantheus Holding (LNTH) invested $177.3M in research and development during fiscal year 2025.
What is Lantheus Holding's current ratio?
Lantheus Holding (LNTH) had a current ratio of 2.70 as of fiscal year 2025, which is generally considered healthy.
What is Lantheus Holding's debt-to-equity ratio?
Lantheus Holding (LNTH) had a debt-to-equity ratio of 0.52 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Lantheus Holding's return on assets (ROA)?
Lantheus Holding (LNTH) had a return on assets of 10.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Lantheus Holding's Altman Z-Score?
Lantheus Holding (LNTH) has an Altman Z-Score of 5.55, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Lantheus Holding's Piotroski F-Score?
Lantheus Holding (LNTH) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Lantheus Holding's earnings high quality?
Lantheus Holding (LNTH) has an earnings quality ratio of 1.67x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Lantheus Holding cover its interest payments?
Lantheus Holding (LNTH) has an interest coverage ratio of 15.7x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Lantheus Holding?
Lantheus Holding (LNTH) scores 71 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.