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Biogen BIIB Asset turnover

Asset turnover at other companies

Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
0.7×0.0×
Eli Lilly logo
Eli LillyLLY
0.7×+0.1×
Royalty Pharma logo
Royalty PharmaRPRX
0.1×0.0×
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
0.5×0.0×
Amgen logo
AmgenAMGN
0.4×0.0×
Incyte logo
IncyteINCY
0.8×+0.1×

Other financials

Income statement

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Revenue$2.5B+1.9%
Gross profit$1.8B+0.8%
Net income$319.5M+32.9%
EPS (diluted)$2.15+31.1%

Balance sheet

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Cash & equivalents$3.4B+30.2%
Total debt$6.6B+34.7%
Total equity$18.7B+9.9%
Total assets$29.5B+5.2%

Cash flow

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Operating cash flow$645.5M+149%
CapEx$51.2M+38.0%
Free cash flow$594.3M+167%

Valuation

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Market cap$29.33B+34.3%
Enterprise value$32.51B+34.9%
P/E20.6×+5.9×
P/S+0.7×

Profitability

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Gross margin75.5%-0.1pp
Operating margin22.9%
Net margin14.3%-0.8pp

Returns & leverage

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Return on equity8%-1.2pp
Debt / equity0.4×+0.1×
Current ratio3.1×+1.6×

Where this comes from

Calculated from Biogen’s reported figures.

Based on trailing twelve months.

The official record: Biogen’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Biogen's asset turnover?
Biogen (BIIB) reported asset turnover of 0.3× in Q1 2026.
How has Biogen's asset turnover changed year-over-year?
Biogen's asset turnover decreased by 3.9% year-over-year, from 0.4× to 0.3×.
What is the long-term trend for Biogen's asset turnover?
Over 4 years (2021 to 2025), Biogen's asset turnover has grown at a -6.8% compound annual growth rate (CAGR), from 1.9× to 1.4×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.