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Biogen BIIB Price / sales

Price / sales at other companies

Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
4.3×-0.3×
Eli Lilly logo
Eli LillyLLY
11.4×-3.8×
Royalty Pharma logo
Royalty PharmaRPRX
8.4×+2.5×
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
2.6×-0.1×
Amgen logo
AmgenAMGN
5.1×+0.2×
Incyte logo
IncyteINCY
3.5×+0.8×

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×

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 the most recent quarter.

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 price / sales?
Biogen (BIIB) reported price / sales of 2.7× in Q1 2026.
How has Biogen's price / sales changed year-over-year?
Biogen's price / sales increased by 32.7% year-over-year, from 2× to 2.7×.
What is the long-term trend for Biogen's price / sales?
Over 4 years (2021 to 2025), Biogen's price / sales has grown at a -12.5% compound annual growth rate (CAGR), from 14.6× to 8.5×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.