Assertio Holdings, Inc.

ASRTNASDAQHealthcare● Active

$23.43

$-0.01(-0.04%)

Market Cap$151408877

P/E Ratio—

52W High$23.47

52W Low$8.61

Avg Volume294K

Open$23.44

Beta0.53

Free Cash Flow Financials Revenue

Assertio Holdings, Inc. (ASRT) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ASRT · free cash flow · updated Jun 9, 2026

Core FCF metrics

ASRT · FCF · TTM · margin & CAGR

Free cash flow was −$28.2M for FY2025 (fiscal year ending 2025-12-31), down 206.7% year-over-year The FCF margin was -23.7%.

FY2025 Free Cash Flow−$28.2M▼ -206.7% YoY

Trailing 12M (TTM)−$7.1Mtrailing 4 quarters sum

FCF Margin-23.7%−$28.2M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ASRT · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$28.2M(0M)−$28.2M▼ 206.7%-23.7%

FY2024$26.4M(0M)$26.4M▼ 46.1%21.1%

FY2023$49.6M(1M)$49.0M▼ 37.5%32.2%

FY2022$78.6M(0M)$78.3M▲ +1331.9%50.1%

FY2021$5.5M(0M)$5.5M▲ +108.3%4.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ASRT · P/FCF · FCF yield · FCF per share

Assertio Holdings, Inc. (ASRT) reported negative free cash flow of −$0.03B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ASRT · cash flow statement · operating / investing / financing

For FY2025, Assertio Holdings, Inc. generated −$28.2M in operating cash flow and spent 0M in capital expenditures, yielding −$28.2M in free cash flow.

Operating Activities

−$28.2M

Cash from core business operations

2025-12-31

Investing Activities

−$12.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$0.2M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$28.2M) − |CapEx| (0M) = FCF (−$28.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Healthcare)

ASRT vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Assertio Holdings, Inc.YOU

ASRT

−$28.2M-206.7%-23.7%

Loss

UnitedHealth Group Incorporated

UNH

$16.07B-22.4%3.6%

82%

Eli Lilly and Company

LLY

$8.97B+2065.6%13.8%

46%

Healthcare · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Assertio Holdings, Inc. (ASRT) reported free cash flow of −$28.2M for FY2025 (fiscal year ending 2025-12-31), down 206.7% year-over-year. The FCF margin was -23.7%.

Based on available data, Assertio Holdings, Inc. has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $117.2M in FY2015.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ASRT free cash flow · 8 questions

Assertio Holdings, Inc. free cash flow was −$28.2M for FY2025, down 206.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$7.1M.

ASRT free cash flowASRT FCFASRT FCF 2025ASRT free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Assertio Holdings, Inc. · Assertio Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026