Virgin Galactic Holdings, Inc.
$525.83M- Market cap
- $460.85M
- Debt
- +$372.02M
- Cash
- −$307.04M
Capital structure 55% equity / 45% debt · EV / Revenue 340.57x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: SPCE stock price at premium vs COP $3.04 current versus $0.03 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at COP's multiple
Implied fair value · at SPCE's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: SPCE FY 2025 (ended Dec 31, 2025) · COP FY 2025 (ended Dec 31, 2025).
Trendline
Nine fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 55% equity / 45% debt · EV / Revenue 340.57x
Capital structure 87% equity / 13% debt · EV / Revenue 3.02x · EV / EBITDA 13.25x
COP carries the larger enterprise value at $177.75B against $525.83M; COP trades on the lower EV / Revenue multiple (3.02x vs 340.57x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Virgin Galactic Holdings, Inc. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
ConocoPhillips · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
1.36x
0.36x
Net debt / EBITDA
Leverage against operating earnings
-0.24x
1.23x
Cash and equivalents
Liquid reserves on the balance sheet
$307.04M
$6.98B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$372.02M
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