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%-1.0pp	301.9%-0.3pp	302.4%+2.0pp	302.7%+2.8pp	302.8%+1.5pp
Net margin	59.2%-1.6pp	59.9%+2.2pp	63.2%+10.6pp	64.1%+13.6pp	60.7%-4.5pp
Returns
Return on equity	34.1%-3.6pp	35.3%-1.2pp	38%+3.6pp	39.2%+4.5pp	37.7%-9.6pp
Return on invested capital	31.6%-0.9pp	32%+0.6pp	33.5%+3.7pp	33.8%+3.9pp	32.6%-7.0pp
Efficiency
Asset turnover	1.4×0.0×	1.4×0.0×	1.4×0.0×	1.4×-0.1×	1.4×-0.1×
Liquidity
Current ratio	11×+4.6×	9.3×+2.3×	8×+0.4×	6.6×-1.5×	6.3×-2.7×
Leverage
Debt-to-equity	1.5×0.0×	1.4×-0.2×	1.4×-0.2×	1.4×-0.5×	1.4×-0.5×
Net debt / EBITDA	4.9×-0.9×	4.6×-3.2×	4.8×-4.7×	5×-5.5×	5.9×-3.4×
Per Share
Book value per share	$493.78+9.4%	$483.91+10.1%	$474.37+11.1%	$462.56+11.5%	$451.26+11.3%
Valuation
Market capitalization	$91.77B-12.0%	$84.89B-26.6%	$81.36B-37.8%	$89.06B-36.3%	$104.3B-29.2%
Price / earnings	63×-10.8×	57.6×-29.5×	52.1×-53.7×	56.8×-57.0×	73.8×-26.3×
Price / sales	9.2×-1.6×	8.5×-3.4×	8.2×-5.2×	9.1×-5.1×	10.8×-4.1×
Price / book	5×-1.3×	4.8×-2.5×	4.7×-3.8×	5.3×-4.0×	6.4×-3.7×
EV / EBITDA	38.8×-9.3×	36.1×-21.7×	34.3×-36.2×	37.8×-39.9×	48.1×-23.0×

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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.