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Gross margin at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
70.5%0.0pp
Merck & Co. logo
Merck & Co.MRK
73.9%-2.5pp
United Therapeutics logo
United TherapeuticsUTHR
86.6%-2.4pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
67.8%-0.5pp
Viatris logo
ViatrisVTRS
34.4%-2.5pp
ALN
Alnylam PharmaceuticalsALNY
81%-5.3pp

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+61.5%

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$116.49B-8.9%
Enterprise value$112.98B-9.5%
P/E26.9×
P/S9.5×-2.0×

Profitability

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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 gross margin?
Vertex Pharmaceuticals (VRTX) reported gross margin of 86.2% in Q1 2026.
How has Vertex Pharmaceuticals's gross margin changed year-over-year?
Vertex Pharmaceuticals's gross margin increased by 0.2% year-over-year, from 86% to 86.2%.
What is the long-term trend for Vertex Pharmaceuticals's gross margin?
Over 4 years (2021 to 2025), Vertex Pharmaceuticals's gross margin has grown at a -0.5% compound annual growth rate (CAGR), from 351.9% to 344.7%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.