Rani Therapeutics Holdings Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Rani Therapeutics Holdings Inc (RANI) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Rani Therapeutics Holdings Inc vs Its Competitors
- Profitability: Its -493.0% net margin compares with 21.0% for the peer group.
- Scale: Rani Therapeutics Holdings Inc ranks #268 of 544 companies by market capitalization in the Major Pharmaceutical Preparations industry, holding 0.0% of industry market cap.
- Peer revenue share: Rani Therapeutics Holdings Inc accounted for 0.0% of combined revenue among its tracked peer group.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
RANI Sales vs. its Competitors, Q2 2026
With a net margin of -493.03 %, Rani Therapeutics Holdings Inc reported lower profitability than its competitors (21.00 %).
Rani Therapeutics Holdings Inc generated 0.00 % of the combined sales of its peer group.
Rani Therapeutics Holdings Inc vs. its Competitors, Q2 2026
Net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Rani Therapeutics Holdings Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Rani Therapeutics Holdings Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (6) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Rani Therapeutics Holdings Inc's competitor groups requires a Commercial License.
Rani Therapeutics Holdings Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Rani Therapeutics Holdings Inc | - | - | - | No |
| Competitors combined (15) | ||||
| Similar-Size Competitors (9) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
RANI Stock Performance relative to its Competitors
RANI Stock Performance relative to Similar-Size Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Teva Pharmaceutical Industries Limited | 282.9% | Outperformed |
| 2 | Puma Biotechnology Inc | 282.9% | Outperformed |
| 3 | Oramed Pharmaceuticals Inc | 282.9% | Outperformed |
| 4 | Therapeuticsmd Inc | 282.9% | Outperformed |
| 5 | Viatris Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Rani Therapeutics Holdings Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Rani Therapeutics Holdings Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Rani Therapeutics Holdings Inc | 145.24 | - |
| Eli Lilly And Company | 1,058,837.89 | 79,665.80 |
| Amgen Inc | 227,462.72 | 38,095.00 |
| Teva Pharmaceutical Industries Limited | 45,295.20 | 14,105.00 |
| Insmed Inc | 25,575.81 | 1,076.57 |
| Viatris Inc | 21,253.49 | 14,737.30 |
| SUBTOTAL | 1,390,474.68 | 149,997.17 |
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Sources: Rani Therapeutics Holdings Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Rani Therapeutics Holdings Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Rani Therapeutics Holdings Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Eli Lilly And Company | Reportable 100.00 % |
| Amgen Inc | Reportable 100.00 % |
| Teva Pharmaceutical Industries Limited | United States Segment 41.09 % |
| Viatris Inc | Developed Markets 57.61 % |
| Progyny Inc | Reportable 100.00 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Rani Therapeutics Holdings Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Rani Therapeutics Holdings Inc | 145 | - | -470,761 |
| Eli Lilly And Company | 1,058,838 | 1,593,316 | 534,224 |
| Amgen Inc | 227,463 | 2,930,385 | 672,538 |
| Teva Pharmaceutical Industries Limited | 45,295 | 415,464 | 20,884 |
| Insmed Inc | 25,576 | 646,978 | -526,028 |
| Viatris Inc | 21,253 | 491,243 | -13,690 |
| PEERS TOTAL | 1,390,329 | 1,131,217 | 263,268 |
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Rani Therapeutics Holdings Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Eli Lilly And Company | United States 61.21 % |
| Teva Pharmaceutical Industries Limited | Europe 30.49 % |
| Insmed Inc | Non-US 12.56 % |
| Intest Corporation | Non-US 56.33 % |
| Therapeuticsmd Inc | Non Us 66.30 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Rani Therapeutics Holdings Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 498 companies in Rani Therapeutics Holdings Inc's industry classification, broader than the peer set above. Market cap in millions of $.Rani Therapeutics Holdings Inc ranks #268 of 498 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 827, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Eli Lilly And Company | 1,062,533 | 19.39 % |
| 2 | Johnson and Johnson | 664,610 | 12.13 % |
| 3 | Beone Medicines Ltd | 545,679 | 9.96 % |
| 4 | Abbvie Inc | 467,633 | 8.54 % |
| 5 | Merck and Co Inc | 1,234 | 5.2% |
| 6 | Novartis Ag | 1,234 | 5.2% |
| 7 | Abbott Laboratories | 1,234 | 5.2% |
| 8 | Novo Nordisk A | 1,234 | 5.2% |
| 9 | Pfizer Inc | 1,234 | 5.2% |
| 10 | Vertex Pharmaceuticals Inc | 1,234 | 5.2% |
| 268 | Rani Therapeutics Holdings Inc | 143 | 0.00 % |
Market cap and industry share for the rest of Rani Therapeutics Holdings Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Rani Therapeutics Holdings Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 263 | Adagene Inc | 173 | 45.05 % |
| 264 | Proqr Therapeutics N v | 172 | -21.06 % |
| 265 | Journey Medical Corp | 170 | -10.29 % |
| 266 | Korro Bio Inc | 163 | -75.67 % |
| 267 | Tonix Pharmaceuticals Holding Corp | 1,234 | 12.3% |
| 268 | Rani Therapeutics Holdings Inc | 143 | 59.33 % |
| 269 | Nervgen Pharma Corp | 1,234 | 12.3% |
| 270 | Evotec Se | 1,234 | 12.3% |
| 271 | Semnur Pharmaceuticals Inc | 1,234 | 12.3% |
| 272 | Atrium Therapeutics Inc | 1,234 | 12.3% |
| 273 | Corbus Pharmaceuticals Holdings Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Rani Therapeutics Holdings Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Rani Therapeutics Holdings Inc's Valuation vs Competitive Position
Valuation multiples vs the Major Pharmaceutical Preparations industry average (341 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 25.1x | - |
| EV / EBITDA | - | 17.3x | - |
| P/B | 5.6x | 4.5x | +1.1x |
| Return on Equity | -118.24 % | industry aggregate | -135.49 % |
| Return on Invested Capital | -50.89 % | -2.95 % (avg) | -47.94 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Rani Therapeutics Holdings Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue Growth | - | - | - | - | - |
| Operating Margin | - | - | - | - | - |
| Return on Invested Capital | - | -26.06 % | -49.25 % | -141.50 % | -307.25 % |
| P/E | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Rani Therapeutics Holdings Inc's BCG Growth-Share Matrix
Relative market share (vs Rani Therapeutics Holdings Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Rani Therapeutics Holdings Inc falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 8.0% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Rani Therapeutics Holdings Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 827 (see Industry Market Structure & Concentration above) |
| Supplier Power | Not covered on this page | See Rani Therapeutics Holdings Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Rani Therapeutics Holdings Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Rani Therapeutics Holdings Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Rani Therapeutics Holdings Inc falls in the Low attractiveness / Low strength cell: Harvest / Divest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Rani Therapeutics Holdings Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Return on equity 135.5 points below the industry aggregate.
- Low relative market share vs the industry leader (0.00x).
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Rani Therapeutics Holdings Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Rani Therapeutics Holdings Inc | 0.66 | 2.88 | 0.12 |
| Eli Lilly And Company | 0.20 | 1.48 | 1.59 |
| Amgen Inc | 0.46 | 1.26 | 5.86 |
| Teva Pharmaceutical Industries Limited | 0.24 | 1.00 | 2.15 |
| Insmed Inc | 0.92 | 3.25 | 0.69 |
| Viatris Inc | 0.18 | 1.47 | 0.96 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Rani Therapeutics Holdings Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Rani Therapeutics Holdings Inc | Q2 2026 | - | - |
| Eli Lilly And Company | Q2 2026 | +47.7 % | +25.3 % |
| Amgen Inc | Q2 2026 | +9.5 % | +65.9 % |
| Teva Pharmaceutical Industries Limited | Q2 2026 | -0.8 % | - |
| Insmed Inc | Q2 2026 | +393.8 % | - |
| Viatris Inc | Q2 2026 | +4.9 % | - |
| PEERS TOTAL | +26.4 % | +24.7 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Rani Therapeutics Holdings Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Rani Therapeutics Holdings Inc | Q2 2026 | - | -13.5 % |
| Eli Lilly And Company | Q2 2026 | +33.5 % | +72.8 % |
| Amgen Inc | Q2 2026 | -6.6 % | +39.0 % |
| Teva Pharmaceutical Industries Limited | Q2 2026 | -4.1 % | - |
| Insmed Inc | Q2 2026 | +139.4 % | +79.6 % |
| Viatris Inc | Q2 2026 | +2.3 % | -0.2 % |
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Rani Therapeutics Holdings Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Rani Therapeutics Holdings Inc | - | - | - |
| Eli Lilly And Company | 21.97% | 33.95% | 92.54% |
| Amgen Inc | 9.48% | 13.08% | 89.32% |
| Teva Pharmaceutical Industries Limited | 1.77% | 2.66% | 9.11% |
| Insmed Inc | - | - | - |
| Viatris Inc | - | - | - |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Rani Therapeutics Holdings Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Rani Therapeutics Holdings Inc | - | - |
| Eli Lilly And Company | 39.77 | 13.29 |
| Amgen Inc | 25.97 | 5.97 |
| Teva Pharmaceutical Industries Limited | 63.88 | 3.21 |
| Insmed Inc | - | 23.76 |
| Viatris Inc | - | 1.44 |
| PEERS AVERAGE | 39.87 | 9.27 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.