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Net margin at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
21.8%-2.6pp
Merck & Co. logo
Merck & Co.MRK
13.6%-13.7pp
Insmed logo
InsmedINSM
-144.4%-45.3pp
ALN
Alnylam PharmaceuticalsALNY
11.7%+8.0pp
Incyte logo
IncyteINCY
26.7%+26.2pp
Amgen logo
AmgenAMGN
21%+3.6pp

Other financials

Income statement

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Revenue$781.5M-1.6%
Gross profit$648.1M-7.7%
Operating income$325.8M-14.9%
Net income$274.9M-14.7%
EPS (diluted)$5.82-12.2%

Balance sheet

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Cash & equivalents$1.3B-32.6%
Total equity$5.9B-13.3%
Total assets$6.7B-13.3%

Cash flow

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Operating cash flow$463.3M+0.5%
CapEx$100.8M+34.6%
Free cash flow$362.5M-6.2%

Valuation

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Market cap$23.41B+87.7%
P/E18.2×+7.9×
P/S7.4×+3.2×

Profitability

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Gross margin86.6%-2.4pp
Operating margin45.3%-1.6pp

Returns & leverage

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Return on equity20.3%+0.3pp
Debt / equity
Current ratio4.8×-0.7×

Where this comes from

Calculated from United Therapeutics’s reported figures.

Based on trailing twelve months.

The official record: United Therapeutics’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is United Therapeutics's net margin?
United Therapeutics (UTHR) reported net margin of 40.6% in Q1 2026.
How has United Therapeutics's net margin changed year-over-year?
United Therapeutics's net margin increased by 0.4% year-over-year, from 40.4% to 40.6%.
What is the long-term trend for United Therapeutics's net margin?
Over 4 years (2021 to 2025), United Therapeutics's net margin has grown at a 9.7% compound annual growth rate (CAGR), from 112.7% to 163.4%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.