What are Biogen's profit margins?

Biogen (BIIB) runs a 75.5% gross margin and a 22.9% operating margin, with a 14.3% net margin.

Where do Biogen's ratios come from?

Every ratio is computed from Biogen's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Biogen BIIB Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	301.8%-0.1pp	301.9%-0.4pp	302.4%-0.3pp	302.7%-0.1pp	302.8%+0.5pp
Net margin	59.2%-0.8pp	59.9%-3.3pp	63.2%-0.8pp	64.1%+3.3pp	60.7%+3.0pp
Returns
Return on equity	34.1%-1.2pp	35.3%-2.7pp	38%-1.2pp	39.2%+1.5pp	37.7%+1.1pp
Return on invested capital	31.6%-0.4pp	32%-1.5pp	33.5%-0.3pp	33.8%+1.2pp	32.6%+1.2pp
Efficiency
Asset turnover	1.4×0.0×	1.4×0.0×	1.4×0.0×	1.4×0.0×	1.4×0.0×
Liquidity
Current ratio	11×+1.6×	9.3×+1.3×	8×+1.5×	6.6×+0.2×	6.3×-0.7×
Leverage
Debt-to-equity	1.5×+0.1×	1.4×0.0×	1.4×+0.1×	1.4×0.0×	1.4×-0.2×
Net debt / EBITDA	4.9×+0.3×	4.6×-0.2×	4.8×-0.2×	5×-0.9×	5.9×-1.9×
Per Share
Book value per share	$493.78+2.0%	$483.91+2.0%	$474.37+2.6%	$462.56+2.5%	$451.26+2.6%
Valuation
Market capitalization	$91.77B+8.1%	$84.89B+4.3%	$81.36B-8.6%	$89.06B-14.6%	$104.3B-9.8%
Price / earnings	63×+5.4×	57.6×+5.6×	52.1×-4.7×	56.8×-17.0×	73.8×-13.3×
Price / sales	9.2×+0.7×	8.5×+0.3×	8.2×-0.9×	9.1×-1.6×	10.8×-1.2×
Price / book	5×+0.3×	4.8×+0.1×	4.7×-0.6×	5.3×-1.1×	6.4×-0.9×
EV / EBITDA	38.8×+2.8×	36.1×+1.8×	34.3×-3.4×	37.8×-10.3×	48.1×-9.7×

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Questions, answered.

What are Biogen's profit margins?: Biogen (BIIB) runs a 75.5% gross margin and a 22.9% operating margin, with a 14.3% net margin.
Where do Biogen's ratios come from?: Every ratio is computed from Biogen's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.