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

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	301.9%-0.3pp	302.3%-2.4pp	304.7%-5.4pp	310%-22.7pp
Net margin	59.9%+2.2pp	57.7%-26.4pp	84.1%-6.2pp	90.4%+22.0pp
EBITDA margin	109%+9.4pp	99.6%-23.9pp	123.5%-28.4pp	151.8%+36.0pp
Free cash flow margin	88.2%+7.7pp	80.6%—	——	——
Returns
Return on equity	35.3%-1.2pp	36.5%-27.7pp	64.2%-17.0pp	81.2%+8.9pp
Return on assets	21.2%+0.5pp	20.7%-12.9pp	33.6%-5.2pp	38.8%+6.3pp
Return on invested capital	32%+0.6pp	31.3%-20.8pp	52.2%-12.9pp	65.1%-1.0pp
Efficiency
Asset turnover	1.4×0.0×	1.4×-0.1×	1.6×-0.2×	1.7×-0.1×
Inventory turnover	80.8×-38.6×	119.4×+59.8×	59.6×—	——
Liquidity
Current ratio	9.3×+2.3×	7×-3.2×	10.2×+0.8×	9.4×+1.6×
Quick ratio	9.2×+2.3×	6.9×-3.2×	10.1×+1.6×	8.5×+1.8×
Cash ratio	3.4×+1.7×	1.7×-0.9×	2.5×-0.4×	3×+1.2×
Leverage
Debt-to-equity	1.4×-0.2×	1.6×-0.4×	1.9×-0.2×	2.2×-0.6×
Debt-to-assets	0.9×-0.1×	0.9×-0.1×	1.1×0.0×	1.1×-0.2×
Net debt / EBITDA	4.6×-3.2×	7.8×+0.5×	7.3×+3.3×	4×-2.9×
Per Share
Book value per share	$483.91+10.1%	$439.72+11.0%	$396.12+17.4%	$337.37+18.5%
Valuation
Market capitalization	$84.89B-26.6%	$115.61B-25.9%	$156.12B+12.0%	$139.44B-17.4%
Enterprise value	$97.38B-27.1%	$133.53B-23.7%	$175.11B+13.4%	$154.43B-19.4%
Price / earnings	57.6×-29.5×	87.1×+1.1×	86.1×+23.6×	62.5×-27.2×
Price / sales	8.5×-3.4×	12×-3.7×	15.6×+2.3×	13.3×-1.2×
Price / book	4.8×-2.5×	7.2×-3.6×	10.9×-0.4×	11.3×-4.5×
EV / EBITDA	36.1×-21.7×	57.8×-5.2×	63×+23.5×	39.5×-19.5×
EV / sales	9.8×-4.0×	13.8×-3.7×	17.6×+2.8×	14.8×-1.8×
Free cash flow yield	42%+13.3pp	28.7%—	——	——
Earnings yield	28.7%+8.5pp	20.2%-1.1pp	21.3%-5.3pp	26.6%+7.4pp

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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.