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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›MDGL

MDGL

MADRIGAL PHARMACEUTICALS, INC.

Next earnings Aug 3, 2026 (before open) · consensus $-2.38 EPS, $357M rev

Last earnings +7.4% on 2026-05-06

Buy
$512.65
▼ -0.22%
$512.65▲ +81.15%
over 1Y
L $277.64EODHDH $602.83
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-0.2%
1W-0.0%
1M-2.8%
3M+0.4%
YTD-13.7%
1Y+81.2%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Buy
Quality
C-
Valuation
Fair value
Filings
Watch
Buy
Conviction
Horizon
Long (>12mo)
12-mo target
$•••
Street · 23 analysts
Buy

Rezdiffra's blockbuster MASH launch quadrupled revenue to $958M; single-drug risk but a clear path to profitability.

Revenue $958M · FY2025

Madrigal owns Rezdiffra, the first FDA-approved therapy for noncirrhotic MASH (F2-F3 fibrosis), and the commercial launch is going exceptionally well: revenue exploded 432.1% to $958M in FY2025 from $180M in FY2024, with the EU adding a conditional marketing authorization (CMA) granted in August 2025. This is a textbook early-stage blockbuster ramp in a large, previously untreated indication, and losses are narrowing — net loss improved 38.1% to -$288M and operating cash burn fell to -$190M as the launch scales toward operating leverage.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue—$0.00$0.00$180M$958M
Gross profit—————
Operating income-$242M-$294M-$380M-$498M-$300M
Net income-$242M-$295M-$374M-$466M-$288M
Diluted EPS-$14.63-$17.23-$19.99-$21.90-$12.85
Net margin———-258.6%-30.1%

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$11.9B
EV / EBITDA—
EV / Sales12.4
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-2.5%
FCF yield-1.6%

Quality & risk

ROIC (est.)-25.2%
Free cash flow-$190M
Total debt$340M
Net cash-$141M
Altman Z-Score9.28 safe
Piotroski F-Score3/8

Capital returns

Buyback yield0.0%
Dividend yield (est.)—
Shareholder yield0.0%
Shares Δ YoY+3.9%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Officer / director change2026-06-17
  2. 8-K Earnings results2026-05-06
  3. 10-Q Quarterly report2026-05-06
  4. 8-K Officer / director change2026-04-28
  5. DEF 14A Proxy statement2026-04-28
  6. 8-K Earnings results2026-02-19
  7. 10-K Annual report2026-02-19
  8. 8-K Material agreement2026-01-30
  9. 8-K Officer / director change2025-12-11

Recent filings

all on EDGAR ↗
4Period ending 2026-06-172026-06-18open ↗4Period ending 2026-06-172026-06-18open ↗4Period ending 2026-06-172026-06-18open ↗4Period ending 2026-06-172026-06-18open ↗4Period ending 2026-06-172026-06-18open ↗4Period ending 2026-06-172026-06-18open ↗S-8Filing2026-06-17open ↗8-KPeriod ending 2026-06-162026-06-17open ↗4Period ending 2026-06-012026-06-01open ↗144Filing2026-06-01open ↗4Period ending 2026-05-222026-05-22open ↗144Filing2026-05-22open ↗

Quality score

C-
ValueGrowthProfitHealthMom.
ValueF
GrowthA+
ProfitabilityF
Financial healthC+
Momentum—
  • ✓Revenue growing year-over-year
  • ✗Profitable (positive net income)
  • ✗Net margin above 10%
  • ✗Return on equity above 15%
  • ✓Liabilities below 2× equity
Revenue
$958M
+432.1% YoY
Net margin
-30.1%
ROE
-47.8%
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$958M+432.1%
Net income-$288M+38.1%
Operating income-$300M+39.7%
Diluted EPS-$12.85+41.3%
Cash & equivalents$199M+98.7%
Total assets$1.26B+20.9%
Total liabilities$657M+128.2%
Stockholders' equity$603M-20.1%
Op.: -31.3%L/E: 1.09x

Frequently asked

Is MADRIGAL PHARMACEUTICALS, INC. (MDGL) a buy?
MDGL currently carries a Buy rating with 3/5 conviction, derived from its latest SEC filings. Rezdiffra's blockbuster MASH launch quadrupled revenue to $958M; single-drug risk but a clear path to profitability.
What is MADRIGAL PHARMACEUTICALS, INC.'s quality score?
MDGL scores 51.3921568627451/100 (grade C-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001157601, latest 10-Q filed 2026-05-06) · EODHD · analysis by claude-code · as of 6/21/2026, 8:47:33 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 0 open-market buys · 13 sales

2026-06-17
Taub Rebecca
Director
Award454.00
2026-06-17
Levy Richard S
Director
Award454.00
2026-06-17
FOUSE JACQUALYN A
Director
Award454.00
2026-06-17
Daly James M
Director
Award454.00
2026-06-17
Brennan Daniel J.
Director
Award404.00
2026-06-17
BAKER BROS. ADVISORS LP
Director
Award908.00
2026-06-17
BAKER BROS. ADVISORS LP
Director
Award908.00
2026-06-01
Soergel David
Chief Medical Officer
Sell1.04K @ $495.74$517K
2026-05-22
Levy Richard S
Director
Sell40.00 @ $506.68$20.3K
2026-05-22
Levy Richard S
Director
Sell320.00 @ $508.24$163K
2026-05-22
Levy Richard S
Director
Sell151.00 @ $510.36$77.1K
2026-05-22
Levy Richard S
Director
Sell610.00 @ $511.40$312K

Earnings history

beat/miss · move
2026-05-06Beat +20.9% est▲ +7.42%8-K ↗
2026-02-19Miss -274.0% est▼ -11.11%8-K ↗
2025-11-04Miss -133.6% est▲ +7.83%8-K ↗
2025-08-05Beat +48.8% est▲ +8.59%8-K ↗
2025-05-01—▼ -1.86%8-K ↗
2025-02-26—▲ +14.99%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Congressional trades

all activity →

Disclosed under the STOCK Act

2023-05-19Daniel GoldmanSell$1.00K–$15.0KPTR ↗

Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.

Recent news

market news →
Madrigal Pharmaceuticals Announces Grants of Inducement Awards under Nasdaq Listing Rule 5635(c)(4)Bullish
finance.yahoo.com· 2026-06-22
The Bull Case For Madrigal Pharmaceuticals (MDGL) Could Change Following New Rezdiffra Cardiometabolic Data ReleaseBullish
finance.yahoo.com· 2026-06-09
Is Altimmune Worth Buying Ahead of 2026 Catalysts?Bullish
finance.yahoo.com· 2026-06-08
Madrigal (MDGL) Down 7.9% Since Last Earnings Report: Can It Rebound?Bullish
finance.yahoo.com· 2026-06-05
Madrigal Pharmaceuticals Announces Grants of Inducement Awards under Nasdaq Listing Rule 5635(c)(4)Bullish
finance.yahoo.com· 2026-06-04
Madrigal Pharmaceuticals Announces Grants of Inducement Awards under Nasdaq Listing Rule 5635(c)(4)Bullish
globenewswire.com· 2026-06-04

Vs tracked universe

compare →

1043 tracked peers · median

EDGAR Score51 vs 67
Revenue growth432.1% vs 7.1%
Net margin-30.1% vs 10.5%
Return on equity-47.8% vs 12.4%
P/E— vs 25.5

News sentiment

EODHD · 19d
Bullish
+0.16
vs typical · 30 articles

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.