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Alector vs Keros Therapeutics

Keros Therapeutics is the larger business, with $244m of revenue in fiscal 2025 against $21.0m for Alector (11.6 times as much). Keros Therapeutics grew faster (6769.4% against -79.1%). Keros Therapeutics kept more of each dollar of sales as profit: a net margin of 35.7% against -679.2%. Keros Therapeutics carries less debt relative to equity (0.0% against 33.8%).

Latest fiscal yearAlectorALEC, 2025Keros TherapeuticsKROS, 2025
Revenue $21.0m $244m
Revenue growth -79.1% 6769.4%
Net income −$143m $87.0m
Operating margin -741.3% 27.7%
Net margin -679.2% 35.7%
Return on equity -181.6% 19.9%
Free cash flow −$184m $106m
Cash $65.8m $287m
Total debt $10.4m $0
Debt to equity 33.8% 0.0%
Dividend per share — —
Dividend yield — —
Share buybacks — $375m
Employees 103 78
Market value $229m $215m
Price vs our value range — —
Moat score 9 (Weak) —
Insider trades, 12 months 0 buys, 21 sales 6 buys, 12 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.