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Biogen BIIB Enterprise value

Enterprise value at other companies

Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
$13.41B+18.5%
Eli Lilly logo
Eli LillyLLY
$859.77B+10.6%
Royalty Pharma logo
Royalty PharmaRPRX
$28.94B+44.6%
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
$158.92B-2.6%
Amgen logo
AmgenAMGN
$246.43B+9.9%
Incyte logo
IncyteINCY
$15.31B+55.9%

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%
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.

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 enterprise value?
Biogen (BIIB) reported enterprise value of $30.08B in Q1 2026.
How has Biogen's enterprise value changed year-over-year?
Biogen's enterprise value increased by 34.9% year-over-year, from $22.3B to $30.08B.
What is the long-term trend for Biogen's enterprise value?
Over 4 years (2021 to 2025), Biogen's enterprise value has grown at a -15.6% compound annual growth rate (CAGR), from $191.6B to $97.38B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.