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Vertex Pharmaceuticals VRTX Free cash flow margin

Free cash flow margin at other companies

AbbVie logo
AbbVieABBV
31.8%+5.0pp
BridgeBio Pharma logo
BridgeBio PharmaBBIO
-76.8%
United Therapeutics logo
United TherapeuticsUTHR
32.1%-5.6pp
Krystal Biotech, Inc. logo
Krystal Biotech, Inc.KRYS
56.9%+16.5pp
Tenet Healthcare logo
Tenet HealthcareTHC
15.6%
Merck & Co. logo
Merck & Co.MRK
21.5%-5.2pp

Other financials

Income statement

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Revenue$3.0B+7.8%
Gross profit$2.6B+7.8%
Operating income$1.1B+80.6%
Net income$1.0B+59.6%
EPS (diluted)$4.02+61.4%

Balance sheet

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Cash & equivalents$5.5B+17.5%
Total debt$2.0B+20.5%
Total equity$19.4B+17.4%
Total assets$26.5B+15.8%

Cash flow

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Operating cash flow$1.4B+74.4%
CapEx$133.4M+228%
Free cash flow$1.3B+66.4%

Valuation

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Market cap$114.63B-8.9%
Enterprise value$111.11B-9.5%
P/E26.4×
P/S9.4×-2.0×

Profitability

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Gross margin86.2%+0.2pp
Operating margin38.3%
Net margin35.5%

Returns & leverage

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Return on equity24.2%
Debt / equity0.1×0.0×
Current ratio+0.4×

Where this comes from

Calculated from Vertex Pharmaceuticals’s reported figures.

Based on trailing twelve months.

The official record: Vertex Pharmaceuticals’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vertex Pharmaceuticals's free cash flow margin?
Vertex Pharmaceuticals (VRTX) reported free cash flow margin of 30.4% in Q1 2026.
How has Vertex Pharmaceuticals's free cash flow margin changed year-over-year?
Vertex Pharmaceuticals's free cash flow margin increased by 198.0% year-over-year, from -31% to 30.4%.
What is the long-term trend for Vertex Pharmaceuticals's free cash flow margin?
Over 4 years (2020 to 2025), Vertex Pharmaceuticals's free cash flow margin has grown at a -13.8% compound annual growth rate (CAGR), from 48.2% to 26.6%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.