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Regeneron Pharmaceuticals REGN Return on invested capital

Return on invested capital at other companies

Merck & Co. logo
Merck & Co.MRK
10.8%-12.8pp
Amgen logo
AmgenAMGN
14.1%+4.0pp
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
13%+4.2pp
Incyte logo
IncyteINCY
65.6%+61.0pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
20.6%+0.3pp
Biogen logo
BiogenBIIB
7.8%-0.4pp

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%
Operating margin24.3%-2.9pp
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 return on invested capital?
Regeneron Pharmaceuticals (REGN) reported return on invested capital of 10.3% in Q1 2026.
How has Regeneron Pharmaceuticals's return on invested capital changed year-over-year?
Regeneron Pharmaceuticals's return on invested capital decreased by 16.1% year-over-year, from 12.3% to 10.3%.
What is the long-term trend for Regeneron Pharmaceuticals's return on invested capital?
Over 4 years (2021 to 2025), Regeneron Pharmaceuticals's return on invested capital has grown at a -28.8% compound annual growth rate (CAGR), from 174.7% to 45%.
What does return on invested capital mean?
The after-tax return the business earns on all the capital — debt and equity — invested in it.
How do you interpret return on invested capital?
The cleanest measure of business quality: ROIC sustained above the cost of capital creates value, below it destroys value. Compare against WACC, not against zero.
How does return on invested capital compare across companies?
Highly comparable across companies as a quality screen. Sector-sensitive definitions of invested capital mean banks/insurers are best excluded.