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Biogen BIIB EBITDA margin

EBITDA margin at other companies

BridgeBio Pharma logo
BridgeBio PharmaBBIO
-89.6%-40.8pp
Eli Lilly logo
Eli LillyLLY
45.9%+14.4pp
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
-32%-10.7pp
AbbVie logo
AbbVieABBV
37.3%
Johnson & Johnson logo
Johnson & JohnsonJNJ
34.4%+2.7pp
Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
26.4%+4.7pp

Other financials

Income statement

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Revenue$2.5B+1.9%
Gross profit$1.8B+0.8%
Operating income$610.7M
Net income$319.5M+32.8%
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$29.02B+34.3%
Enterprise value$32.2B+34.9%
P/E20.4×+5.8×
P/S2.9×+0.7×

Profitability

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Gross margin75.5%-0.1pp
Operating margin22.9%
Net margin14.3%-0.8pp
FCF margin24.4%-0.4pp

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 EBITDA margin?
Biogen (BIIB) reported EBITDA margin of 27% in Q1 2026.
How has Biogen's EBITDA margin changed year-over-year?
Biogen's EBITDA margin increased by 0.5% year-over-year, from 26.9% to 27%.
What is the long-term trend for Biogen's EBITDA margin?
Over 5 years (2020 to 2025), Biogen's EBITDA margin has grown at a -8.0% compound annual growth rate (CAGR), from 39.7% to 26.2%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.