ADCT (ADC Therapeutics) Net Margin %: -158.11% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADCT ADC Therapeutics SA ADCT
41 GF Score
Price $1.27
GF Value $2.09
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is ADC Therapeutics Net Margin %?

ADC Therapeutics ADCT +0.79% 41 Net Margin % is -158.11% as of Mar. 2026. GuruFocus rates ADCT with a GF Score™ of 41/100 and a GF Value™ of $2.09 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 960 Drug Manufacturers companies, ADC Therapeutics ranks worse than 93.44% on this metric.

Net margin is calculated as Net Income divided by its Revenue. ADC Therapeutics's Net Income for the three months ended in Mar. 2026 was $-32.97 Mil. ADC Therapeutics's Revenue for the three months ended in Mar. 2026 was $20.85 Mil. Therefore, ADC Therapeutics's net margin for the quarter that ended in Mar. 2026 was -158.11%.

The historical rank and industry rank for ADC Therapeutics's Net Margin % or its related term are showing as below:

ADCT' s Net Margin % Range Over the Past 10 Years
Min: -10797.89   Med: -511.66   Max: -74.86
Current: -173.02


ADCT's Net Margin % is ranked worse than
93.44% of 960 companies
in the Drug Manufacturers industry
Industry Median: 5.635 vs ADCT: -173.02

ADC Therapeutics  (NYSE:ADCT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


ADC Therapeutics Net Margin % Related Terms


ADC Therapeutics Net Margin % Historical Data

* Premium members only.

The historical data trend for ADC Therapeutics's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ADC Therapeutics Net Margin % Chart

ADC Therapeutics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -678.20 -74.86 -345.11 -222.83 -175.31

ADC Therapeutics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -167.59 -300.68 -249.38 -27.80 -158.11

ADCT vs GNLX, VXRT, COYA: Net Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, ADC Therapeutics's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ADC Therapeutics Net Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, ADC Therapeutics's Net Margin % distribution charts can be found below:

* The bar in red indicates where ADC Therapeutics's Net Margin % falls into.


ADCT
41GF Score
ADC Therapeutics SA ADCT
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ADC Therapeutics Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

ADC Therapeutics's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-142.623/81.357
=-175.31 %

ADC Therapeutics's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-32.968/20.851
=-158.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -158.11% mean?
ADC Therapeutics (ADCT) has a Net Margin % of -158.11% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on ADC Therapeutics and its competitors. According to the industry distribution chart, ADC Therapeutics ranks #897 out of 960 companies in the Drug Manufacturers industry, placing it in the top 93.4%.
Is ADC Therapeutics' Net Margin % too high?
ADC Therapeutics' current Net Margin % is -158.11%. Based on the distribution chart, ADC Therapeutics ranks #897 out of 960 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, ADC Therapeutics has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ADC Therapeutics' Net Margin % compare to GNLX and VXRT?
According to the Drug Manufacturers industry distribution chart, ADC Therapeutics ranks #897 out of 960 companies for Net Margin %. This places ADC Therapeutics in the lower half of its industry. The industry median Net Margin % is 5.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Drug Manufacturers company?
The median Net Margin % among Drug Manufacturers companies is 5.64, based on 960 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on ADC Therapeutics and its competitors. For the Drug Manufacturers industry, the median Net Margin % is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADC Therapeutics's current Net Margin % is -158.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADC Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, ADC Therapeutics (ADCT) is currently considered Possible Value Trap. The stock's GF Value™ is $2.09, compared to a current price of $1.27 — trading 39.2% below its estimated fair value. The current Net Margin % is -158.11%. ADC Therapeutics' overall GF Score™ is 41/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For ADC Therapeutics (ADCT), the current Net Margin % is -158.11% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ADC Therapeutics (ADCT) Overvalued in 2026?

Based on GuruFocus' analysis, ADC Therapeutics stock appears to be undervalued. The current stock price of $1.27 is trading 39.2% below its estimated GF Value™ of $2.09. GuruFocus considers ADC Therapeutics to be Possible Value Trap.

Key valuation signals for ADCT:

  • Net Margin %: -158.11%
  • GF Value™: $2.09 vs. price of $1.27 (39.2% below fair value)
  • GF Score™: 41/100 with 5 warning signs

No single metric tells the full story. See the ADCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ADC Therapeutics Business Description

Address Route de la Corniche 3B, Biopole, Epalinges, CHE, 1066
ADC Therapeutics SA is a commercial-stage oncology-focused biotechnology company. It is involved in the development of antibody-drug conjugates for patients suffering from hematological malignancies and solid tumors. The company's FDA-approved and marketed product, ZYNLONTA (loncastuximab tesirine), is a CD19-directed antibody and alkylating agent conjugate indicated for the treatment of adult patients with relapsed or refractory large B-cell lymphoma after two or more lines of systemic therapy. Additionally, the company's development pipeline comprises LOTIS-2, LOTIS-5, LOTIS-7, and ADCT-241, being developed as potential therapies for different cancer diseases. Geographically, the firm generates maximum revenue from the United States, followed by Europe, the Middle East and Africa (EMEA).
41GF Score

Get the complete analysis for ADCT

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.27
Price
$2.09
GF Value