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Esperion Therapeutics (ESPR)


Market Price (11/18/2025): $2.77 | Market Cap: $556.0 Mil
Sector: Health Care | Industry: Pharmaceuticals

Esperion Therapeutics (ESPR)


Market Price (11/18/2025): $2.77
Market Cap: $556.0 Mil
Sector: Health Care
Industry: Pharmaceuticals

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Targeted Therapies, and Biopharmaceutical R&D.
Weak multi-year price returns
3Y Excs Rtn is -134%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -29 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -9.7%
1  Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 13%
Stock price has recently run up significantly
6M Rtn6 month market price return is 226%
2   Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -31%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -31%
3   Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 61%
4   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -23%
0 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Targeted Therapies, and Biopharmaceutical R&D.
1 Weak multi-year price returns
3Y Excs Rtn is -134%
2 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 13%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -29 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -9.7%
4 Stock price has recently run up significantly
6M Rtn6 month market price return is 226%
5 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -31%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -31%
6 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 61%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -23%

Market Valuation & Key Metrics

ESPR Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are the key points explaining the movement in Esperion Therapeutics (ESPR) stock from approximately July 31, 2025, to November 18, 2025: 1. Patent Litigation Settlements

Esperion secured settlements with Dr. Reddy's Laboratories and three other generic drug filers, preventing generic versions of its key products, NEXLETOL and NEXLIZET, from entering the U.S. market until at least April 2040. This significantly de-risks future revenue streams and solidifies market exclusivity for its cholesterol-lowering medications.

2. Third Quarter 2025 Financial Results

On November 6, 2025, Esperion reported mixed financial results for Q3 2025. The company's revenue surged 69% year-over-year to $87.3 million, exceeding analysts' expectations. However, its GAAP EPS of -$0.16 missed consensus estimates. Esperion reiterated its 2025 operating expense guidance and anticipates achieving sustainable profitability by early 2026.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
ESPR Return-56%-81%25%-52%-26%28%-95%
Peers Return-10%-6%-26%-27%-27%1964%585%
S&P 500 Return16%27%-19%24%23%13%107%

Monthly Win Rates [3]
ESPR Win Rate33%25%50%58%58%50% 
Peers Win Rate22%30%22%23%32%52% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
ESPR Max Drawdown-59%-82%-33%-88%-46%-67% 
Peers Max Drawdown-17%-13%-31%-34%-35%-27% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: BGM, NSRX, RGC, RHHBY, SXTC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/17/2025 (YTD)

How Low Can It Go

Unique KeyEventESPRS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-98.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven4950.7%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-67.2%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven205.1%51.3%
2020 Covid PandemicTime to BreakevenTime to BreakevenNot Fully Recovered days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-57.3%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven134.3%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days

Compare to BGM, NSRX, RGC, RHHBY, SXTC


In The Past

Esperion Therapeutics's stock fell -98.0% during the 2022 Inflation Shock from a high on 2/8/2021. A -98.0% loss requires a 4950.7% gain to breakeven.

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About Esperion Therapeutics (ESPR)

Better Bets than Esperion Therapeutics (ESPR)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select past ideas related to ESPR. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
GDRX_10312025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG10312025GDRXGoodRxDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
-11.9%-11.9%-11.9%
DXCM_10312025_Monopoly_xInd_xCD_Getting_Cheaper10312025DXCMDexComMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.3%-0.3%-5.8%
ACHC_10242025_Dip_Buyer_ValueBuy10242025ACHCAcadia HealthcareDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-31.5%-31.5%-31.5%
PBH_10102025_Dip_Buyer_ValueBuy10102025PBHPrestige Consumer HealthcareDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-1.6%-1.6%-1.9%
REGN_10032025_Dip_Buyer_ValueBuy10032025REGNRegeneron PharmaceuticalsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
15.6%15.6%-7.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
GDRX_10312025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG10312025GDRXGoodRxDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
-11.9%-11.9%-11.9%
DXCM_10312025_Monopoly_xInd_xCD_Getting_Cheaper10312025DXCMDexComMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.3%-0.3%-5.8%
ACHC_10242025_Dip_Buyer_ValueBuy10242025ACHCAcadia HealthcareDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-31.5%-31.5%-31.5%
PBH_10102025_Dip_Buyer_ValueBuy10102025PBHPrestige Consumer HealthcareDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-1.6%-1.6%-1.9%
REGN_10032025_Dip_Buyer_ValueBuy10032025REGNRegeneron PharmaceuticalsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
15.6%15.6%-7.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Esperion Therapeutics

Financials

ESPRBGMNSRXRGCRHHBYSXTCMedian
NameEsperion.BGM Nasus Ph.Regencel.Roche China SX. 
Mkt Price2.829.107.0312.9344.581.358.06
Mkt Cap0.6-----0.6
Rev LTM304-----304
Op Inc LTM-29------29
FCF LTM-93------93
FCF 3Y Avg-87------87
CFO LTM-93------93
CFO 3Y Avg-87------87

Growth & Margins

ESPRBGMNSRXRGCRHHBYSXTCMedian
NameEsperion.BGM Nasus Ph.Regencel.Roche China SX. 
Rev Chg LTM2.8%-----2.8%
Rev Chg 3Y Avg77.6%-----77.6%
Rev Chg Q69.1%-----69.1%
QoQ Delta Rev Chg LTM13.3%-----13.3%
Op Mgn LTM-9.7%------9.7%
Op Mgn 3Y Avg-51.8%------51.8%
QoQ Delta Op Mgn LTM3.5%-----3.5%
CFO/Rev LTM-30.7%------30.7%
CFO/Rev 3Y Avg-58.8%------58.8%
FCF/Rev LTM-30.7%------30.7%
FCF/Rev 3Y Avg-58.8%------58.8%

Valuation

ESPRBGMNSRXRGCRHHBYSXTCMedian
NameEsperion.BGM Nasus Ph.Regencel.Roche China SX. 
Mkt Cap0.6-----0.6
P/S1.9-----1.9
P/EBIT-20.6------20.6
P/E-5.3------5.3
P/CFO-6.1------6.1
Total Yield-18.7%------18.7%
Dividend Yield0.0%-----0.0%
FCF Yield 3Y Avg-51.4%------51.4%
D/E0.5-----0.5
Net D/E0.4-----0.4

Returns

ESPRBGMNSRXRGCRHHBYSXTCMedian
NameEsperion.BGM Nasus Ph.Regencel.Roche China SX. 
1M Rtn2.5%-0.9%-10.2%-25.7%-0.7%-2.9%-1.9%
3M Rtn34.3%11.7%-18.2%-3.0%12.5%-15.1%4.3%
6M Rtn226.4%-26.3%-39.6%13.5%-15.1%13.5%
12M Rtn33.0%37.7%-7,916.1%28.5%-56.4%33.0%
3Y Rtn-60.9%--1,634.9%29.1%-98.9%-15.9%
1M Excs Rtn2.4%-1.0%-10.3%-25.9%-0.9%-3.0%-2.0%
3M Excs Rtn34.2%12.4%-23.2%-0.4%6.5%-17.5%3.1%
6M Excs Rtn214.5%-38.2%-27.7%1.6%-27.0%1.6%
12M Excs Rtn15.0%27.7%-7,687.1%12.9%-74.8%15.0%
3Y Excs Rtn-134.1%--1,685.4%-46.8%-167.5%-90.4%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Business of researching, developing and commercializing therapies for the treatment of patients with116 78228148
Collaboration revenue 20   
Product sales, net 56   
Total1167578228148


Price Behavior

Short Interest

Short Interest: As Of Date10312025
Short Interest: Shares Quantity25,922,850
Short Interest: % Change Since 101520256.2%
Average Daily Volume4,882,300
Days-to-Cover Short Interest5.31
Basic Shares Quantity200,736,136
Short % of Basic Shares12.9%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/6/2025-15.0%3.1% 
8/5/20258.7%23.8%63.1%
5/6/2025-7.1%-23.9%6.7%
1/16/20252.3%-5.9%-15.8%
11/7/2024-4.5%0.9%57.5%
8/12/2024-8.9%-3.0%-14.4%
5/7/202411.8%5.2%9.9%
2/27/202410.3%-7.2%2.7%
...
SUMMARY STATS   
# Positive11912
# Negative121411
Median Positive7.7%4.1%5.2%
Median Negative-8.6%-6.7%-15.1%
Max Positive14.0%25.9%63.1%
Max Negative-21.8%-23.9%-74.3%

SEC Filings

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Report DateFiling DateFiling
93020251106202510-Q 9/30/2025
6302025813202510-Q 6/30/2025
3312025508202510-Q 3/31/2025
12312024307202510-K 12/31/2024
93020241107202410-Q 9/30/2024
6302024812202410-Q 6/30/2024
3312024507202410-Q 3/31/2024
12312023227202410-K 12/31/2023
93020231107202310-Q 9/30/2023
6302023801202310-Q 6/30/2023
3312023509202310-Q 3/31/2023
12312022221202310-K 12/31/2022
93020221101202210-Q 9/30/2022
6302022802202210-Q 6/30/2022
3312022503202210-Q 3/31/2022
12312021222202210-K 12/31/2021

Insider Activity

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