BackSorrento Therapeutics Overview

Sorrento Therapeutics EBIT

Sorrento Therapeutics's EBIT is $-360M, below the Healthcare sector average of $110B.

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Quarterly EBIT

-$81.09M
↑ 11.75% YoY

As of Jun 30, 2023

Annual EBIT (TTM)

-$359.92M
↑ 24.96% YoY

Trailing 12 months ending Jun 30, 2023

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Sorrento Therapeutics (SRNE) FAQ

The latest EBIT for SRNE is $-360M as of June 2023. That compares with $-480M in the prior-year period — up 25.0% year over year. That is below the Healthcare sector average of $110B. Investors often review this figure alongside Sorrento Therapeutics's historical trend and sector peers before judging valuation or financial health.

Over the past year, SRNE's EBIT moved from $-480M to $-360M — a 25.0% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Sorrento Therapeutics's operating scale or balance-sheet position.

Against Healthcare companies, SRNE currently prints $-360M for EBIT, while the sector average sits near $110B. That is roughly 100.3% below the sector mean. Large gaps often invite a closer look at Sorrento Therapeutics's growth, margins, and balance sheet.

A EBIT figure of $-360M for SRNE is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Healthcare average is about $110B. Explore the charts below for those layers of context.

After noting SRNE's EBIT ($-360M), review year-over-year change from $-480M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.