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ISIN
US4277461020
CUSIP
427746102
IPO Date
Aug 26, 1987

Highlights

Market Cap
$84.73M
Enterprise Value
$200.25M
EPS (TTM)
-$0.18
Total Revenue (TTM)
$150.71M
Gross Profit (TTM)
$107.18M
EBITDA (TTM)
-$20.56M
Year Range
$0.43 - $2.30
Target Price
$6.67
ROA (TTM)
-12.57%
ROE (TTM)
-338.63%

Share Price Chart


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Heron Therapeutics, Inc.

Performance

HRTX Performance Chart

Heron Therapeutics, Inc. (HRTX) is down 65.6% since the beginning of the year. At $0 per share, HRTX is trading 80.6% below its 52-week high of $2. Investors who bought $1,000 worth of HRTX shares 5 years ago would now be looking at an investment worth $33.


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S&P 500 Index

Returns By Period

Heron Therapeutics, Inc. (HRTX) has returned -65.63% so far this year and -77.66% over the past 12 months. Over the last ten years, HRTX has returned -31.62% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.


Heron Therapeutics, Inc.

1D
-0.71%
1M
-63.38%
YTD
-65.63%
6M
-64.82%
1Y
-77.66%
3Y*
-26.39%
5Y*
-49.46%
10Y*
-31.62%

Benchmark (S&P 500 Index)

1D
-0.74%
1M
4.90%
YTD
10.35%
6M
10.28%
1Y
26.52%
3Y*
20.83%
5Y*
12.30%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HRTX Monthly Returns History

Based on dividend-adjusted daily data since Aug 27, 1987, HRTX's average daily return is +0.05%, while the average monthly return is +0.57%. At this rate, an investment would double in approximately 10.2 years.

Historically, 45% of months were positive and 55% were negative. The best month was Nov 2023 with a return of +93.1%, while the worst month was Aug 2004 at -60.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 9 months.

On a daily basis, HRTX closed higher 42% of trading days. The best single day was May 29, 2015 with a return of +60.0%, while the worst single day was Aug 12, 2004 at -57.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.54%-9.85%-32.76%49.98%-27.49%-48.65%-65.63%
202511.11%45.29%-10.93%10.00%-22.31%10.11%-16.43%-21.97%-6.67%-7.94%-0.00%12.07%-15.03%
202441.76%10.37%4.14%-16.25%59.48%-5.41%-15.14%-35.02%3.11%-12.56%-31.61%28.57%-10.00%
20238.40%-12.55%-36.29%58.28%-52.30%1.75%43.10%-1.20%-37.20%-38.17%93.12%38.21%-32.00%
2022-4.60%-18.48%-19.44%-20.98%-26.99%-15.45%-0.36%47.12%3.18%-8.77%-29.61%-7.75%-72.62%
2021-17.98%4.15%-10.34%7.83%-24.08%16.96%-20.36%-5.58%-8.40%2.99%-14.17%-3.39%-56.86%

Benchmark Metrics

Heron Therapeutics, Inc. has an annualized alpha of 6.07%, beta of 0.79, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since August 28, 1987.

  • This stock participated in 141.54% of S&P 500 Index downside but only 27.67% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.03 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
6.07%
Beta
0.79
0.03
Upside Capture
27.67%
Downside Capture
141.54%

Return for Risk

Risk / Return Rank

HRTX ranks 3 for risk / return — in the bottom 3% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


HRTX Risk / Return Rank: 33
Overall Rank
HRTX Sharpe Ratio Rank: 55
Sharpe Ratio Rank
HRTX Sortino Ratio Rank: 55
Sortino Ratio Rank
HRTX Omega Ratio Rank: 33
Omega Ratio Rank
HRTX Calmar Ratio Rank: 22
Calmar Ratio Rank
HRTX Martin Ratio Rank: 22
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Heron Therapeutics, Inc. (HRTX) and compare them to S&P 500 Index.


HRTXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.97

2.24

-3.21

Sortino ratio

Return per unit of downside risk

-1.63

3.07

-4.70

Omega ratio

Gain probability vs. loss probability

0.74

1.41

-0.66

Calmar ratio

Return relative to maximum drawdown

-0.97

2.93

-3.90

Martin ratio

Return relative to average drawdown

-1.76

13.52

-15.28

Dividends

Dividend History


Heron Therapeutics, Inc. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Heron Therapeutics, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Heron Therapeutics, Inc. was 99.96%, occurring on Jun 3, 2026. The portfolio has not yet recovered.

The current Heron Therapeutics, Inc. drawdown is 99.96%.


Related event

Drawdown

Fall

Recovery

Underwater

2026 bear market2026
-99.96%Jun 2026
34y 4mo
34y 5moJan 1992 - now
1990 bear market1990
-80.73%Nov 1990
3y 1mo1y 1mo
4y 3moSep 1987 - Jan 1992
Black Monday1987
-9.30%Sep 1987
0s7d
7dSep 1987 - Sep 1987
Black Monday1987
-4.82%Sep 1987
2d6d
8dSep 1987 - Sep 1987
Black Monday1987
-1.63%Aug 1987
0s3d
3dAug 1987 - Aug 1987

Drawdown Indicators


HRTXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-99.96%

-56.78%

-43.18%

Max Drawdown (1Y)

Largest decline over 1 year

-79.96%

-9.10%

-70.86%

Max Drawdown (3Y)

Largest decline over 3 years

-88.42%

-18.90%

-69.52%

Max Drawdown (5Y)

Largest decline over 5 years

-97.31%

-25.43%

-71.88%

Max Drawdown (10Y)

Largest decline over 10 years

-98.94%

-33.92%

-65.02%

Current Drawdown

Current decline from peak

-99.96%

-0.74%

-99.22%

Average Drawdown

Average peak-to-trough decline

-81.66%

-10.72%

-70.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

44.18%

1.97%

+42.21%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Heron Therapeutics, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Heron Therapeutics, Inc. is priced in the market compared to other companies in the Biotechnology industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for HRTX relative to other companies in the Biotechnology industry. Currently, HRTX has a P/S ratio of 0.5. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for HRTX in comparison with other companies in the Biotechnology industry. Currently, HRTX has a P/B value of 10.5. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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