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Foghorn Therapeutics Valuation Multiples
Discover revenue and EBITDA valuation multiples for Foghorn Therapeutics and similar public comparables like Antibiotice, Lavipharm, Anavex Life Sciences, Editas Medicine and more.
Foghorn Therapeutics Overview
About Foghorn Therapeutics
Foghorn Therapeutics Inc is engaged in the discovery and development of a new class of medicines targeting genetically determined dependencies within the chromatin regulatory system. Its proprietary Gene Traffic Control platform gives an integrated, mechanistic understanding of how the various components of the chromatin regulatory system interact, allowing it to identify, validate, and potentially drug targets within the system. The company is developing FHD-286, a selective, allosteric ATPase inhibitor, and FHD-609, a protein degrader, to treat hematologic cancers and solid tumors.
Founded
2015
HQ

Employees
112
Website
Sectors
Financials (LTM)
EV
$164M
Foghorn Therapeutics Financials
Foghorn Therapeutics reported last 12-month revenue of $31M and negative EBITDA of ($89M).
In the same LTM period, Foghorn Therapeutics generated $31M in gross profit, ($89M) in EBITDA losses, and had net loss of ($76M).
Revenue (LTM)
Foghorn Therapeutics P&L
In the most recent fiscal year, Foghorn Therapeutics reported revenue of $31M and EBITDA of ($79M).
Foghorn Therapeutics expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $31M | XXX | $31M | XXX | XXX | XXX |
| Gross Profit | $31M | XXX | — | XXX | XXX | XXX |
| Gross Margin | 100% | XXX | — | XXX | XXX | XXX |
| EBITDA | ($89M) | XXX | ($79M) | XXX | XXX | XXX |
| EBITDA Margin | (283%) | XXX | (255%) | XXX | XXX | XXX |
| EBIT Margin | (277%) | XXX | (266%) | XXX | XXX | XXX |
| Net Profit | ($76M) | XXX | ($74M) | XXX | XXX | XXX |
| Net Margin | (240%) | XXX | (240%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Foghorn Therapeutics Stock Performance
Foghorn Therapeutics has current market cap of $281M, and enterprise value of $164M.
Market Cap Evolution
Foghorn Therapeutics' stock price is $4.79.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $164M | $281M | -2.0% | XXX | XXX | XXX | $-1.27 |
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Start Free TrialFoghorn Therapeutics Valuation Multiples
Foghorn Therapeutics trades at 5.2x EV/Revenue multiple, and (1.8x) EV/EBITDA.
EV / Revenue (LTM)
Foghorn Therapeutics Financial Valuation Multiples
As of April 10, 2026, Foghorn Therapeutics has market cap of $281M and EV of $164M.
Equity research analysts estimate Foghorn Therapeutics' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Foghorn Therapeutics has a P/E ratio of (3.7x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $281M | XXX | $281M | XXX | XXX | XXX |
| EV (current) | $164M | XXX | $164M | XXX | XXX | XXX |
| EV/Revenue | 5.2x | XXX | 5.3x | XXX | XXX | XXX |
| EV/EBITDA | (1.8x) | XXX | (2.1x) | XXX | XXX | XXX |
| EV/EBIT | (1.9x) | XXX | (2.0x) | XXX | XXX | XXX |
| EV/Gross Profit | 5.2x | XXX | — | XXX | XXX | XXX |
| P/E | (3.7x) | XXX | (3.8x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (1.9x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Foghorn Therapeutics Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Foghorn Therapeutics Margins & Growth Rates
Foghorn Therapeutics' revenue in the last 12 month grew by 13%.
Foghorn Therapeutics' revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $1.0M for the same period.
Foghorn Therapeutics' rule of 40 is (313%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Foghorn Therapeutics' rule of X is (303%) (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Foghorn Therapeutics Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 13% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Margin | (283%) | XXX | (255%) | XXX | XXX | XXX |
| EBITDA Growth | 15% | XXX | 34% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | (313%) | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (303%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $1.0M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 90% | XXX | 89% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 280% | XXX | 277% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 366% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Foghorn Therapeutics Public Comps
See public comps and valuation multiples for other Biopharmaceuticals comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Antibiotice | XXX | XXX | XXX | XXX | XXX | XXX |
| Lavipharm | XXX | XXX | XXX | XXX | XXX | XXX |
| Anavex Life Sciences | XXX | XXX | XXX | XXX | XXX | XXX |
| Editas Medicine | XXX | XXX | XXX | XXX | XXX | XXX |
| Silence Therapeutics | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Foghorn Therapeutics M&A Activity
Foghorn Therapeutics acquired XXX companies to date.
Last acquisition by Foghorn Therapeutics was on XXXXXXXX, XXXXX. Foghorn Therapeutics acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Foghorn Therapeutics
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialFoghorn Therapeutics Investment Activity
Foghorn Therapeutics invested in XXX companies to date.
Foghorn Therapeutics made its latest investment on XXXXXXXX, XXXXX. Foghorn Therapeutics invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Foghorn Therapeutics
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Foghorn Therapeutics
| When was Foghorn Therapeutics founded? | Foghorn Therapeutics was founded in 2015. |
| Where is Foghorn Therapeutics headquartered? | Foghorn Therapeutics is headquartered in United States. |
| How many employees does Foghorn Therapeutics have? | As of today, Foghorn Therapeutics has over 112 employees. |
| Who is the CEO of Foghorn Therapeutics? | Foghorn Therapeutics' CEO is Adrian Gottschalk. |
| Is Foghorn Therapeutics publicly listed? | Yes, Foghorn Therapeutics is a public company listed on Nasdaq. |
| What is the stock symbol of Foghorn Therapeutics? | Foghorn Therapeutics trades under FHTX ticker. |
| When did Foghorn Therapeutics go public? | Foghorn Therapeutics went public in 2020. |
| Who are competitors of Foghorn Therapeutics? | Foghorn Therapeutics main competitors are Antibiotice, Lavipharm, Anavex Life Sciences, Editas Medicine. |
| What is the current market cap of Foghorn Therapeutics? | Foghorn Therapeutics' current market cap is $281M. |
| What is the current revenue of Foghorn Therapeutics? | Foghorn Therapeutics' last 12 months revenue is $31M. |
| What is the current revenue growth of Foghorn Therapeutics? | Foghorn Therapeutics revenue growth (NTM/LTM) is 13%. |
| What is the current EV/Revenue multiple of Foghorn Therapeutics? | Current revenue multiple of Foghorn Therapeutics is 5.2x. |
| Is Foghorn Therapeutics profitable? | No, Foghorn Therapeutics is not profitable. |
| What is the current EBITDA of Foghorn Therapeutics? | Foghorn Therapeutics has negative EBITDA and is not profitable. |
| What is Foghorn Therapeutics' EBITDA margin? | Foghorn Therapeutics' last 12 months EBITDA margin is (283%). |
| What is the current EV/EBITDA multiple of Foghorn Therapeutics? | Current EBITDA multiple of Foghorn Therapeutics is (1.8x). |
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