Tearsheet

ACADIA Pharmaceuticals (ACAD)


Market Price (9/18/2025): $24.195 | Market Cap: $4.1 Bil
Sector: Health Care | Industry: Pharmaceuticals

ACADIA Pharmaceuticals (ACAD)


Market Price (9/18/2025): $24.195
Market Cap: $4.1 Bil
Sector: Health Care
Industry: Pharmaceuticals

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.5%
Weak multi-year price returns
2Y Excs Rtn is -54%, 3Y Excs Rtn is -25%
Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 45x
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -17%
  
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%
  
3 Low stock price volatility
Vol 12M is 49%
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.5%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -17%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%
3 Low stock price volatility
Vol 12M is 49%
4 Weak multi-year price returns
2Y Excs Rtn is -54%, 3Y Excs Rtn is -25%
5 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 45x

Market Valuation

 9/18/252024202320222021
Share Price CYE$24.20$18.35$31.31$15.92$23.34
Market Cap CYE ($ Bil)4.13.15.22.63.8
Total Debt ($ Bil)0.10.10.10.10.1
Total Cash ($ Bil)0.80.80.40.40.5
Enterprise Value ($ Bil)3.43.25.32.73.9
Valuation Ratios     
P/S TTM4.03.27.15.07.7
P/EBIT TTM45.036.1-69.9-11.5-22.0
P/E TTM18.313.4-83.7-11.9-22.3
Sector Ratios     
P/S TTM (Sector)3.83.64.14.57.3
P/EBIT TTM (Sector)-1.6-1.3-1.4-1.3-2.9
P/E TTM (Sector)-1.8-1.5-1.5-1.3-2.9
 9/18/2520242023
Share Price CYE$24.20$18.35$31.31
Market Cap CYE ($ Bil)4.13.15.2
Total Debt ($ Bil)0.10.10.1
Total Cash ($ Bil)0.80.80.4
Enterprise Value ($ Bil)3.43.25.3
Valuation Ratios   
P/S TTM4.03.27.1
P/EBIT TTM45.036.1-69.9
P/E TTM18.313.4-83.7
Sector Ratios   
P/S TTM (Sector)3.83.64.1
P/EBIT TTM (Sector)-1.6-1.3-1.4
P/E TTM (Sector)-1.8-1.5-1.5

Business Description

ACADIA Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of small molecule drugs that address unmet medical needs in central nervous system disorders. The company offers NUPLAZID (pimavanserin) for the treatment of hallucinations and delusions associated with Parkinson's disease psychosis. It's pipeline include, pimavanserin, under phase 3 development for the treatment of Alzheimer's disease psychosis, and negative symptoms of schizophrenia; Trofinetide, a novel synthetic analog, under phase 3 development for the treatment of Rett syndrome; ACP-044, a novel first-in-class orally administered non-opioid analgesic, under phase 2 development for treating acute and chronic pain; and ACP-319, a positive allosteric modulator of the muscarinic receptor, under phase 1 development for treating schizophrenia and cognition in Alzheimer's. Show more

Price Returns Compared

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 202020212022202320242025Total [1]
Returns
ACAD Return25%-56%-32%97%-41%32%-45%
Peers Return13%13%4%2%3%14%58%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: ACT, ARWR, OGN, LLY, JNJ. See ACAD Returns vs. Peers.
[3] 2025 data is for the year up to 9/17/2025 (YTD)

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Peer Comparisons for ACADIA Pharmaceuticals

Financials

ACADACTARWROGNLLYJNJMedian
NameACADIA P.Enact Arrowhea.Organon Eli LillyJohnson . 
Mkt Price24.2037.7429.1310.45760.13177.2033.44
Mkt Cap4.15.74.12.7682.5426.44.9
Rev LTM1,0191,2265736,28153,25890,6273,753
Op Inc LTM90--1081,33722,88222,2281,337
FCF LTM88701-18482-5016,397285
FCF 3Y Avg45641-298530-15616,926287
CFO LTM1887012282610,93823,028763
CFO 3Y Avg78641-1758727,23022,248757

Growth & Margins

ACADACTARWROGNLLYJNJMedian
NameACADIA P.Enact Arrowhea.Organon Eli LillyJohnson . 
Rev Chg LTM14.4%3.4%2,816.2%-1.0%36.8%4.7%9.5%
Rev Chg 3Y Avg27.9%3.7%908.8%-0.4%23.4%4.0%13.7%
Rev Chg Q9.3%1.9%--0.8%37.6%5.8%5.8%
QoQ Delta Rev Chg LTM2.3%0.5%5.1%-0.2%8.7%1.5%1.9%
Op Mgn LTM8.9%--18.8%21.3%43.0%24.5%21.3%
Op Mgn 3Y Avg-3.9%--958.1%22.2%35.6%26.3%22.2%
QoQ Delta Op Mgn LTM-0.0%-2.9%-0.9%1.8%-0.2%-0.0%
CFO/Rev LTM18.4%57.1%3.8%13.2%20.5%25.4%19.5%
CFO/Rev 3Y Avg7.1%54.5%-620.8%13.9%17.8%25.7%15.8%
FCF/Rev LTM8.7%57.1%-3.1%7.7%-0.1%18.1%8.2%
FCF/Rev 3Y Avg3.8%54.5%-949.2%8.4%0.5%19.6%6.1%

Valuation

ACADACTARWROGNLLYJNJMedian
NameACADIA P.Enact Arrowhea.Organon Eli LillyJohnson . 
Mkt Cap4.15.74.12.7682.5426.44.9
P/S4.04.67.10.412.84.74.7
P/EBIT45.06.2-54.02.338.415.110.7
P/E18.38.4-27.33.949.518.813.3
P/CFO21.68.1185.43.362.418.520.1
Total Yield5.5%14.0%-3.7%34.2%2.8%8.1%6.8%
Dividend Yield0.0%2.1%0.0%8.4%0.7%2.8%1.4%
FCF Yield 3Y Avg1.5%13.4%-8.8%13.3%0.1%4.5%3.0%
D/E0.00.10.13.30.10.10.1
Net D/E-0.2-0.3-0.13.10.10.1-0.0

Returns

ACADACTARWROGNLLYJNJMedian
NameACADIA P.Enact Arrowhea.Organon Eli LillyJohnson . 
1M Rtn-3.4%1.2%46.3%12.6%8.9%1.3%5.1%
3M Rtn5.4%5.8%86.5%6.0%-3.0%18.4%5.9%
6M Rtn40.0%12.5%88.3%-33.5%-8.8%10.5%11.5%
12M Rtn48.8%6.2%45.6%-47.1%-15.5%9.5%7.8%
3Y Rtn34.3%87.5%-15.8%-56.8%152.3%15.8%25.1%
1M Excs Rtn-5.8%-1.1%44.0%10.3%6.5%-1.1%2.7%
3M Excs Rtn-4.2%-2.0%77.6%-4.0%-14.0%6.8%-3.0%
6M Excs Rtn22.5%-3.8%75.4%-50.7%-24.7%-7.9%-5.9%
12M Excs Rtn31.0%-10.4%18.2%-64.2%-34.4%-6.8%-8.6%
3Y Excs Rtn-25.5%10.2%-87.0%-119.0%86.7%-43.4%-34.4%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
NUPLAZID549517484  
DAYBUE17700  
Product sales, net   442339
Total726517484442339


Price Behavior

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity9,278,091
Short Interest: % Change Since 8152025-7.1%
Average Daily Volume1,895,249
Days-to-Cover Short Interest4.90
Basic Shares Quantity167,827,000
Short % of Basic Shares5.5%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/20252.5%5.6%6.1%
5/7/202514.3%15.9%48.4%
2/26/20251.8%-4.8%-9.5%
11/6/20248.9%11.4%9.4%
8/6/2024-19.5%-16.6%-14.0%
5/8/2024-11.2%-11.7%-13.1%
2/27/2024-9.9%-9.7%-31.0%
11/2/20234.7%-4.3%-0.6%
...
SUMMARY STATS   
# Positive1058
# Negative121714
Median Positive3.7%11.4%9.9%
Median Negative-5.1%-4.8%-10.0%
Max Positive14.3%15.9%48.4%
Max Negative-19.5%-16.6%-46.6%

SEC Filings

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Report DateFiling DateFiling
6302025807202510-Q 6/30/2025
3312025508202510-Q 3/31/2025
12312024227202510-K 12/31/2024
93020241107202410-Q 9/30/2024
6302024807202410-Q 6/30/2024
3312024509202410-Q 3/31/2024
12312023228202410-K 12/31/2023
93020231103202310-Q 9/30/2023
6302023803202310-Q 6/30/2023
3312023508202310-Q 3/31/2023
12312022228202310-K 12/31/2022
93020221103202210-Q 9/30/2022
6302022809202210-Q 6/30/2022
3312022505202210-Q 3/31/2022
12312021301202210-K 12/31/2021
93020211109202110-Q 9/30/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Schneyer Mark C.EVP, CHIEF FINANCIAL OFFICER8192025Sell25.1822,000554,0241,010,590Form
1Brege Laura6052025Sell21.7814,446314,634328,769Form
2Kihara JamesPRINCIPAL ACCOUNTING OFFICER5192025Sell25.002,00050,000559,875Form
3Schneyer Mark C.EVP, CHIEF FINANCIAL OFFICER5192025Sell25.002,00050,0001,553,250Form
4GAROFALO ELIZABETH A.3062025Sell18.234,91989,673320,757Form