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Price / sales at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
6.1×+1.6×
Merck & Co. logo
Merck & Co.MRK
4.5×+1.0×
Insmed logo
InsmedINSM
43×+6.8×
ALN
Alnylam PharmaceuticalsALNY
10.2×-4.6×
Incyte logo
IncyteINCY
3.5×+0.8×
Amgen logo
AmgenAMGN
5.1×+0.2×

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×

Profitability

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Gross margin86.6%-2.4pp
Operating margin45.3%-1.6pp
Net margin40.6%+0.2pp

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 the most recent quarter.

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 price / sales?
United Therapeutics (UTHR) reported price / sales of 8.2× in Q1 2026.
How has United Therapeutics's price / sales changed year-over-year?
United Therapeutics's price / sales increased by 77.3% year-over-year, from 4.6× to 8.2×.
What is the long-term trend for United Therapeutics's price / sales?
Over 4 years (2021 to 2025), United Therapeutics's price / sales has grown at a 0.8% compound annual growth rate (CAGR), from 20.9× to 21.5×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.