Harmony Biosciences Holdings, Inc. (HRMY) vs Inspire Medical Systems, Inc. (INSP)

A side-by-side comparison of Harmony Biosciences Holdings, Inc. and Inspire Medical Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — HRMY vs INSP

growth of $100 · dividends reinvested · last 6y
HRMY +7.9% (+1.3%/yr)INSP -34.1% (-6.7%/yr)HRMY compounded faster over this window
100200300Start $100202120222023202420252026$108$66
HRMY INSP

HRMY vs INSP: by the numbers

  • •HRMY is the larger company ($2.31B vs $2.01B market cap).
  • •HRMY trades at the lower trailing earnings multiple (12.97 vs 15.02 P/E), one valuation lens rather than an overall verdict.
  • •HRMY converts more revenue to profit (18.88% vs 15.03% net margin).
  • •INSP grew revenue faster over the past five years (38.69% vs 32.47% CAGR).

Metrics side by side

Valuation

MetricHRMYINSP
P/E ratio12.9715.02
Forward P/E10.1358.11
P/S ratio2.412.23
P/B ratio2.312.43
EV / EBITDA7.4926.75
FCF yield15.35%5.84%

Profitability

MetricHRMYINSP
Gross margin75.42%86.13%
Operating margin24.03%6.02%
Net margin18.88%15.03%
ROE18.14%16.36%
ROIC14.96%6.33%

Growth (annualized)

MetricHRMYINSP
Revenue CAGR (5Y)32.47%38.69%
FCF CAGR (5Y)48.43%N/A
Total return CAGR (5Y)0.91%-21.38%

Frequently asked

Which has the lower trailing P/E, HRMY or INSP?
HRMY has the lower trailing P/E: HRMY trades at 12.97 and INSP at 15.02. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, HRMY or INSP?
Over the past five years, INSP grew revenue faster — HRMY at a 32.47% CAGR versus INSP at 38.69%.
Is HRMY or INSP more profitable?
HRMY runs the higher net margin — HRMY at 18.88% versus INSP at 15.03%.
How have HRMY and INSP total returns compared?
Over the past 5 years, HRMY delivered 0.91% and INSP delivered -21.38% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.