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ANI Pharmaceuticals vs Harmony Biosciences Holdings

ANI Pharmaceuticals and Harmony Biosciences Holdings are similar in size: $883m and $868m of revenue in their latest fiscal years. ANI Pharmaceuticals grew faster (43.8% against 21.5%). Harmony Biosciences Holdings kept more of each dollar of sales as profit: a net margin of 18.3% against 8.9%.

Latest fiscal yearANI PharmaceuticalsANIP, 2025Harmony Biosciences HoldingsHRMY, 2025
Revenue $883m $868m
Revenue growth 43.8% 21.5%
Net income $78.3m $159m
Operating margin — 24.0%
Net margin 8.9% 18.3%
Return on equity 16.6% 20.8%
Free cash flow $171m $348m
Cash $286m $753m
Total debt $309m $165m
Debt to equity — 19.0%
Dividend per share — —
Dividend yield 0.0% —
Share buybacks $12.2m —
Employees 970 293
Market value $1.61bn $2.14bn
Price vs our value range Below our value range Below our value range
Moat score 45 (Weak) 93 (Strong)
Insider trades, 12 months 0 buys, 50 sales 0 buys, 13 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.