Rhythm PHARMACEUTICALS, Inc. (RYTM) intrinsic value & 10-year financials

Rhythm PHARMACEUTICALS, Inc. (RYTM) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 178.5% a year to $189.8M, with an average return on invested capital of -109.4%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$86.17
Market cap
$5.6B
Revenue (FY2025)
$189.8M
Revenue growth (10-yr CAGR)
178.5%
ROIC (10-yr avg)
-109.4%
Free cash flow (FY2025)
-$116.6M

RYTM 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $189.8M -$196.5M -$3.11 -$116.6M -101.2% -158.3%
FY2024 $130.1M -$260.6M -$4.34 — -204.0% -202.2%
FY2023 $77.4M -$184.7M -$3.20 -$136.2M -238.1% -104.1%
FY2022 $23.6M -$181.1M -$3.47 -$173.7M -757.9% -98.8%
FY2021 $3.2M -$69.6M -$1.40 -$146.4M -5391.9% -46.9%
FY2020 $0 -$134.0M -$3.04 -$122.2M — -92.4%
FY2019 $0 -$140.7M -$3.86 -$126.1M — -63.4%
FY2018 $0 -$74.1M — -$62.8M — —
FY2017 $0 -$33.7M — -$29.6M — —
FY2016 $0 -$25.9M — -$24.3M — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

RHYTHM PHARMACEUTICALS, INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

RHYTHM PHARMACEUTICALS, INC. has historically struggled to out-earn its cost of capital, averaging just -58.5% ROIC.

RHYTHM PHARMACEUTICALS, INC. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, RHYTHM PHARMACEUTICALS, INC. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-103.30 per share.

RYTM stock: frequently asked questions

What is the intrinsic value of Rhythm PHARMACEUTICALS, Inc. (RYTM) stock?

Graham's formula only works with positive earnings. Rhythm PHARMACEUTICALS, Inc. reported diluted EPS of -$3.11 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

How fast has Rhythm PHARMACEUTICALS, Inc. grown?

Revenue went from $0 in fiscal 2016 to $189.8M in fiscal 2025, a compound annual growth rate of 178.5%. Net income was -$196.5M in fiscal 2025.

Does Rhythm PHARMACEUTICALS, Inc. generate free cash flow?

Rhythm PHARMACEUTICALS, Inc. generated -$116.6M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 9 reported years.

What is RYTM's return on invested capital?

Average ROIC over the last 10 fiscal years was -109.4%, and average return on equity was -83.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this RYTM data come from?

From Rhythm PHARMACEUTICALS, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 4, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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