What are Incyte's profit margins?

Incyte (INCY) runs a 92.5% gross margin and a 30.0% operating margin, with a 26.7% net margin.

Where do Incyte's ratios come from?

Every ratio is computed from Incyte'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.

Incyte INCY 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	371.2%-0.4pp	371.6%-1.5pp	373.2%-4.4pp	377.5%-2.5pp
Operating margin	90%+71.2pp	18.8%-38.1pp	56.9%-19.7pp	76.7%—
Net margin	69.2%+45.3pp	23.9%-23.9pp	47.7%-47.0pp	94.8%+14.5pp
EBITDA margin	97.7%+70.1pp	27.6%-37.9pp	65.5%-18.9pp	84.4%—
Free cash flow margin	83.6%+53.4pp	30.2%-37.6pp	67.8%-19.4pp	87.2%—
Returns
Return on equity	85%+65.8pp	19.2%-18.7pp	37.9%-49.5pp	87.4%+5.0pp
Return on assets	58.7%+44.2pp	14.4%-14.5pp	28.9%-37.3pp	66.3%+5.3pp
Return on invested capital	155.3%+128pp	27.3%-53.5pp	80.8%-80.7pp	161.5%—
Efficiency
Asset turnover	3.2×+0.5×	2.7×+0.3×	2.4×-0.3×	2.8×-0.3×
Inventory turnover	4.2×-1.0×	5.2×-4.6×	9.8×-8.8×	18.6×-9.4×
Liquidity
Current ratio	11.4×+2.2×	9.2×-6.2×	15.4×+0.5×	15×-0.5×
Quick ratio	10.4×+2.0×	8.4×-6.4×	14.9×+0.1×	14.8×-0.6×
Cash ratio	6.5×+1.5×	5×-6.0×	11.1×+0.7×	10.4×-0.1×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-12.1×+48.1×	-60.2×-39.0×	-21.1×-6.4×	-14.7×—
Interest coverage	1,830.6×+1,544×	287.1×-539×	826×-169×	994.8×—
Per Share
Book value per share	$88.33+26.1%	$70.05-18.1%	$85.57+15.7%	$73.96+30.6%
Valuation
Market capitalization	$61.03B+12.8%	$54.12B-5.2%	$57.11B-14.9%	$67.1B-1.2%
Enterprise value	$51.76B+10.2%	$46.97B+4.7%	$44.88B-21.2%	$56.95B-6.1%
Price / earnings	595.3×-414×	1,009×+867×	141.8×+35.8×	106×-32.0×
Price / sales	12.8×-0.8×	13.6×-2.4×	16×-4.4×	20.4×-3.7×
Price / book	13.7×-1.6×	15.3×+3.4×	11.9×-4.4×	16.3×-5.8×
EV / EBITDA	65.3×-519×	584.4×+507×	77.8×-4.7×	82.6×—
EV / sales	10.8×-0.9×	11.8×-0.8×	12.6×-4.8×	17.3×-4.2×
Free cash flow yield	25.5%+16.4pp	9.1%-8.0pp	17.1%-0.2pp	17.2%—
Earnings yield	20.5%+13.5pp	7%-5.2pp	12.2%-6.6pp	18.7%+4.9pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Incyte.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Incyte's profit margins?: Incyte (INCY) runs a 92.5% gross margin and a 30.0% operating margin, with a 26.7% net margin.
Where do Incyte's ratios come from?: Every ratio is computed from Incyte'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.