The purpose of this research is to study how inflation, interest rates, Debt to Asset Ratio (DAR), Price to Earning Ratio (PER), Quick Ratio (QR), and Return on Assets (ROA) impact stock returns in pharmaceutical companies. listed on the Indonesia Stock Exchange during the period 2019 to 2023. This study uses panel data regression, with the research sample consisting of seven companies. This study shows that stock returns are not influenced by inflation; interest rate no, Debt to Asset Ratio (DAR) no, Price to Earning Ratio (PER) no, Quick Ratio (QR) no, and return on assets (ROA) no.
                        
                        
                        
                        
                            
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