earnings
confidence high
sentiment positive
materiality 0.80
Royalty Pharma Q4 2024: Royalty Receipts +12% to $729M; 2025 guidance $2.9B–$3.05B
Royalty Pharma plc
2024-FY EPS reported
$1.91
revenue$2,263,576,000
- Portfolio Receipts $742M in Q4 (+1% YoY); FY 2024 $2,801M (-8% due to $525M Biohaven milestones in 2023).
- Net cash from operations $743M in Q4, $2,769M for FY. Adjusted EBITDA $669M (Q4), $2,565M (FY).
- 2025 Portfolio Receipts guidance $2,900M–$3,050M (+4–9% growth), excluding future transactions.
- Capital deployed $2.8B in 2024; new $3B share repurchase program authorized in Jan 2025, $2B planned in 2025.
- Acquisition of external manager RP Management for ~$1.1B in equity/cash/debt; expected Q2 2025 close.