LTRN (Lantern Pharma) ROA %: -145.86% (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.

LTRN Lantern Pharma Inc LTRN
33 GF Score
Price $2.98
! 2 Warning Signs
View Full Analysis

What is Lantern Pharma ROA %?

Lantern Pharma LTRN -0.34% 33 ROA % is -145.86% as of Mar. 2026. GuruFocus rates LTRN with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,416 Biotechnology companies, Lantern Pharma ranks worse than 85.38% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Lantern Pharma's annualized Net Income for the quarter that ended in Mar. 2026 was $-13.32 Mil. Lantern Pharma's average Total Assets over the quarter that ended in Mar. 2026 was $9.13 Mil. Therefore, Lantern Pharma's annualized ROA % for the quarter that ended in Mar. 2026 was -145.86%.

The historical rank and industry rank for Lantern Pharma's ROA % or its related term are showing as below:

LTRN' s ROA % Range Over the Past 10 Years
Min: -383.56   Med: -57.13   Max: -21.48
Current: -113

During the past 8 years, Lantern Pharma's highest ROA % was -21.48%. The lowest was -383.56%. And the median was -57.13%.

LTRN's ROA % is ranked worse than
85.38% of 1416 companies
in the Biotechnology industry
Industry Median: -32.985 vs LTRN: -113.00

Lantern Pharma  (NAS:LTRN) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-13.316/9.1295
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-13.316 / 0)*(0 / 9.1295)
=Net Margin %*Asset Turnover
=N/A %*0
=-145.86 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Lantern Pharma ROA % Related Terms


Lantern Pharma ROA % Historical Data

* Premium members only.

The historical data trend for Lantern Pharma's ROA % 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.

Lantern Pharma ROA % Chart

Lantern Pharma Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial -26.22 -21.48 -31.15 -60.04 -93.53

Lantern Pharma Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 -77.77 -89.96 -107.63 -132.15 -145.86

LTRN vs PDSB, AURX, TIL: ROA % Comparison

For the Biotechnology subindustry, Lantern Pharma's ROA %, along with its competitors' market caps and ROA % 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.


Lantern Pharma ROA % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Lantern Pharma's ROA % distribution charts can be found below:

* The bar in red indicates where Lantern Pharma's ROA % falls into.


LTRN
33GF Score
Lantern Pharma Inc LTRN
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lantern Pharma ROA % Calculation

Lantern Pharma's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-17.119/( (25.572+11.036)/ 2 )
=-17.119/18.304
=-93.53 %

Lantern Pharma's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-13.316/( (11.036+7.223)/ 2 )
=-13.316/9.1295
=-145.86 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -145.86% mean?
Lantern Pharma (LTRN) has a ROA % of -145.86% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Lantern Pharma and its competitors. According to the industry distribution chart, Lantern Pharma ranks #1209 out of 1416 companies in the Biotechnology industry, placing it in the top 85.4%.
Is Lantern Pharma's ROA % too high?
Lantern Pharma's current ROA % is -145.86%. Based on the distribution chart, Lantern Pharma ranks #1209 out of 1416 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Lantern Pharma has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Lantern Pharma's ROA % compare to PDSB and AURX?
According to the Biotechnology industry distribution chart, Lantern Pharma ranks #1209 out of 1416 companies for ROA %. This places Lantern Pharma in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Biotechnology company?
A good ROA % depends on the Biotechnology industry context. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Lantern Pharma and its competitors. Lantern Pharma's current ROA % is -145.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lantern Pharma stock overvalued right now?
Lantern Pharma (LTRN) has a current ROA % of -145.86%. The current ROA % is -145.86%. Lantern Pharma's overall GF Score™ is 33/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Lantern Pharma (LTRN), the current ROA % is -145.86% 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.

Lantern Pharma Business Description

Address 1920 McKinney Avenue, 7th Floor, Dallas, TX, USA, 75201
Lantern Pharma Inc is a biopharmaceutical company focused on developing oncology drug candidates using its artificial intelligence platform. The company utilizes its proprietary RADR platform to identify, develop, and advance small molecule therapies and antibody-drug conjugates, with a pipeline that includes three lead small molecule drug candidates (LP-300, LP-184, and LP-284) targeting solid tumors and blood cancers. It also advances programs through its subsidiary focused on central nervous system and brain cancers.
33GF Score

Get the complete analysis for LTRN

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

$2.98
Price