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Insmed INSM Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin81.8%+5.3pp79.7%+3.3pp76.5%-0.7pp75.7%-1.9pp76.5%-1.6pp
Operating margin-140.6%+117pp-205.6%+35.9pp-258.9%-18.0pp-252.4%-21.0pp-257.4%-33.3pp
Net margin-144.4%+121pp-210.5%+40.7pp-264.8%-12.8pp-259.8%-15.5pp-265.9%-29.2pp
Returns
Return on equity-294.5%-249.3%-165.7%-160.5%
Return on invested capital-149.4%+48.9pp-146.6%-8.5pp-104.8%+9.7pp-365.2%-10.2pp-198.3%+242pp
Efficiency
Asset turnover0.4×+0.2×0.3×+0.1×0.2×0.0×0.2×0.0×0.3×0.0×
Liquidity
Current ratio4.5×-1.4×3.8×-1.6×4.6×-1.7×6.7×+4.0×5.9×+4.1×
Leverage
Debt-to-equity0.8×-10.7×0.8×-3.2×0.6×-1.5×0.5×-30.9×11.5×
Per Share
Book value per share$3.27+497%$3.71+113%$4.47+60.5%$6.60+2,531%$0.55+118%
Valuation
Market capitalization$35.25B+155%$37.12B+201%$30.44B+170%$20.12B+102%$13.81B+251%
Price / sales43×+6.8×61.2×+27.2×68.1×+35.2×50.5×+20.3×36.2×+23.8×
Price / book50×-89.2×50.2×+6.9×32.2×+8.8×16.1×-240×139.3×

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Questions, answered.

What are Insmed's profit margins?
Insmed (INSM) runs a 81.8% gross margin and a -140.6% operating margin, with a -144.4% net margin.
Where do Insmed's ratios come from?
Every ratio is computed from Insmed'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.