Collegium Pharmaceutical, Inc (COLL)

Collegium Pharmaceutical, Inc., a specialty pharmaceutical company, engages in the development and commercialization of medicines for pain management. The company's portfolio includes Jornay PM, a central nervous system stimulant prescription medicine that contains methylphenidate HCl for the treatment of attention deficit hyperactivity disorder; Belbuca, a buccal film that contains buprenorphine for severe and persistent pain that requires an extended treatment period; Xtampza ER, an abuse-deterrent, extended-release, oral formulation of oxycodone for the management of pain severe enough to require daily; Nucynta ER and Nucynta IR, which are extended-release and immediate-release oral formulations of tapentadol, indicated for the management of acute, severe, and persistent pain; and Symproic, an oral formulation of naldemedine for the treatment of opioid-induced constipation in adult patients with chronic non-cancer pain. Collegium Pharmaceutical, Inc. was formerly known as Collegium Pharmaceuticals, Inc. and changed its name to Collegium Pharmaceutical, Inc. in October 2003. The company was incorporated in 2002 and is headquartered in Stoughton, Massachusetts.

Symbol
COLL
Exchange
Nasdaq
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Market cap
$729.59M
52 week range
21.65 - 50.79

Valuation

Share price
$22.45 (close of 2026-09-23)
P/E (TTM)
14.67x
Price to book
2.34x
Price to free cash flow
2.22x
Enterprise value
$1.70B
Book value per share
$9.60

Price performance

PeriodChange
1 day-2.56%
5 days+2.79%
1 month-17.19%
3 months-35.15%
6 months-35.38%
Year to date-51.51%
1 year-35.67%
3 years+0.86%
5 years+10.10%
10 years+45.02%
All time+82.67%

Profitability and growth

Return on equity
20.84%
Return on invested capital
16.93%
Return on assets
3.79%
Return on capital employed
14.76%
Gross margin
59.35%
Net margin
8.05%
EBITDA margin
23.55%
Revenue growth
23.62%
Net income growth
-9.13%
Free cash flow growth
61.11%

Cash flow and balance sheet

Free cash flow yield (TTM)
45.00%
Current ratio
1.03x
Net debt to EBITDA
2.49x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$780.57M
Cost of revenue
$317.31M
Gross profit
$463.26M
EBITDA
$183.82M
Net income
$62.87M
Earnings per share
$1.98
Shares outstanding
31.71M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$780.57M$463.26M$62.87M$1.98
2024-12-31$631.45M$377.34M$69.19M$2.14
2023-12-31$566.77M$326.17M$48.16M$1.43
2022-12-31$463.93M$209.49M$-25.00M$-0.74
2021-12-31$276.87M$150.62M$71.52M$2.05
2020-12-31$310.02M$179.84M$26.75M$0.78
2019-12-31$296.70M$103.04M$-22.72M$-0.68
2018-12-31$280.41M$114.74M$-39.13M$-1.19
2017-12-31$28.48M$25.88M$-74.86M$-2.47
2016-12-31$1.71M$1.50M$-94.18M$-3.88

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3159.35%8.05%20.84%16.93%
2024-12-3159.76%10.96%30.23%13.81%
2023-12-3157.55%8.50%24.64%22.10%
2022-12-3145.15%-5.39%-12.83%4.56%
2021-12-3154.40%25.83%35.24%69.77%
2020-12-3158.01%8.63%14.38%258.77%
2019-12-3134.73%-7.66%-25.99%-
2018-12-3140.92%-13.95%-42.72%-
2017-12-3190.89%-262.91%-71.93%-
2016-12-3187.55%-5504.15%-69.81%-

Cash and debt by year

Period endCashDebt
2025-12-31$231.25M-
2024-12-31$70.56M-
2023-12-31$238.95M-
2022-12-31$173.69M-
2021-12-31$186.43M-
2020-12-31$174.12M-
2019-12-31$170.02M$11.50M
2018-12-31$146.63M$11.50M
2017-12-31$118.70M-
2016-12-31$153.22M$4.15M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$327.58M$41.91M
2024-12-31$203.33M$32.40M
2023-12-31$274.29M$27.14M
2022-12-31$122.61M$22.87M
2021-12-31$101.61M$24.25M
2020-12-31$88.40M$21.91M
2019-12-31$21.34M$16.53M
2018-12-31$163.91M$13.78M
2017-12-31$-68.01M$7.95M
2016-12-31$-75.53M$5.79M

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$1.58

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026$1.48
2026-05-07--
2026-02-26--
2025-11-06--
2025-08-07--
2025-05-08--
2025-02-27--
2025-02-20--

Filings and sources

Company website
collegiumpharma.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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