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.
HRMY
Harmony Biosciences Holdings, Inc.
$39.94HealthcareDelayed quote: Oct 6, 2026, 12:00 PM EDT
INSP
Inspire Medical Systems, Inc.
$69.40HealthcareDelayed quote: Oct 6, 2026, 12:00 PM EDT
Total return — HRMY vs INSP
growth of $100 · dividends reinvested · last 6yHRMY +7.9% (+1.3%/yr)INSP -34.1% (-6.7%/yr)HRMY compounded faster over this window
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
| Metric | HRMY | INSP |
|---|---|---|
| P/E ratio | 12.97 | 15.02 |
| Forward P/E | 10.13 | 58.11 |
| P/S ratio | 2.41 | 2.23 |
| P/B ratio | 2.31 | 2.43 |
| EV / EBITDA | 7.49 | 26.75 |
| FCF yield | 15.35% | 5.84% |
Profitability
| Metric | HRMY | INSP |
|---|---|---|
| Gross margin | 75.42% | 86.13% |
| Operating margin | 24.03% | 6.02% |
| Net margin | 18.88% | 15.03% |
| ROE | 18.14% | 16.36% |
| ROIC | 14.96% | 6.33% |
Growth (annualized)
| Metric | HRMY | INSP |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Harmony Biosciences P/E ratioInspire Medical Systems P/E ratioHarmony Biosciences ROEInspire Medical Systems ROEHarmony Biosciences operating marginInspire Medical Systems operating marginHarmony Biosciences revenue growthInspire Medical Systems revenue growthHarmony Biosciences free cash flowInspire Medical Systems free cash flow
Harmony Biosciences & Inspire Medical Systems appear in these rankings
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.