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Operating margin at other companies

Amgen logo
AmgenAMGN
28.4%+6.6pp
Incyte logo
IncyteINCY
30%+26.1pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
26.4%+2.8pp
United Therapeutics logo
United TherapeuticsUTHR
45.3%-1.6pp
ALN
Alnylam PharmaceuticalsALNY
17.5%+14.4pp
Gilead Sciences logo
Gilead SciencesGILD
34.9%+6.3pp

Other financials

Income statement

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Revenue$3.6B+19.0%
Operating income$642.9M+8.6%
Net income$727.2M-10.1%
EPS (diluted)$6.75-7.1%

Balance sheet

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Cash & equivalents$3.0B-4.0%
Total debt$2.7B+0.1%
Total equity$31.4B+6.9%
Total assets$40.9B+8.9%

Cash flow

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Operating cash flow$1.1B+3.2%
CapEx$230.6M+0.6%
Free cash flow$848.3M+4.0%

Valuation

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Market cap$63.73B+17.8%
Enterprise value$63.47B+18.1%
P/E14.4×+2.4×
P/S4.3×+0.4×

Profitability

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Gross margin93.9%
Net margin29.6%-2.3pp

Returns & leverage

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Return on equity14.5%-1.4pp
Debt / equity0.1×0.0×
Current ratio3.6×-1.4×

Where this comes from

Calculated from Regeneron Pharmaceuticals’s reported figures.

Based on trailing twelve months.

The official record: Regeneron Pharmaceuticals’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Regeneron Pharmaceuticals's operating margin?
Regeneron Pharmaceuticals (REGN) reported operating margin of 24.3% in Q1 2026.
How has Regeneron Pharmaceuticals's operating margin changed year-over-year?
Regeneron Pharmaceuticals's operating margin decreased by 10.6% year-over-year, from 27.2% to 24.3%.
What is the long-term trend for Regeneron Pharmaceuticals's operating margin?
Over 4 years (2021 to 2025), Regeneron Pharmaceuticals's operating margin has grown at a -15.7% compound annual growth rate (CAGR), from 208.2% to 105.1%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.