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Incyte INCY Return on assets

Return on assets at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
8.1%+2.5pp
Pfizer logo
PfizerPFE
4.6%
Gilead Sciences logo
Gilead SciencesGILD
16.4%+5.8pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
10.7%-1.3pp
Amgen logo
AmgenAMGN
8.6%+2.1pp
Biogen logo
BiogenBIIB
4.9%-0.5pp

Other financials

Income statement

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Revenue$1.3B+20.9%
Gross profit$1.2B+19.2%
Operating income$301.1M+46.8%
Net income$303.3M+91.7%
EPS (diluted)$1.47+83.8%

Balance sheet

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Cash & equivalents$3.5B+78.2%
Total debt$39.4M-8.6%
Total equity$5.6B+53.3%
Total assets$7.3B+27.7%

Cash flow

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Operating cash flow$369.4M+38.8%
CapEx$1.6M-43.5%
Free cash flow$367.7M+39.7%

Valuation

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Market cap$19.62B+59.9%
Enterprise value$16.2B+55.9%
P/E13.7×-564×
P/S3.7×+0.9×

Profitability

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Gross margin92.5%-0.2pp
Operating margin30%+26.1pp
Net margin26.7%+26.2pp

Returns & leverage

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Return on equity30.8%+30.4pp
Debt / equity0.0×
Current ratio3.7×+1.6×

Where this comes from

Calculated from Incyte’s reported figures.

Based on trailing twelve months.

The official record: Incyte’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Incyte's return on assets?
Incyte (INCY) reported return on assets of 21.9% in Q1 2026.
How has Incyte's return on assets changed year-over-year?
Incyte's return on assets increased by 6525.8% year-over-year, from 0.3% to 21.9%.
What is the long-term trend for Incyte's return on assets?
Over 4 years (2021 to 2025), Incyte's return on assets has grown at a -1.0% compound annual growth rate (CAGR), from 61% to 58.7%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.