Biogen Inc.

Biogen Inc.

222.90
EUR
+7.50
(+3.48%)
4.95EPS
38.02P/E
27.89BMarket Cap
Oct 28Next Earn

Total Valuation

EUR

As of June 30, 2026, Biogen Inc. carries a market capitalization of 27.89B, placing it among publicly traded companies globally. Its enterprise value stands at 34.08B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap27.89B
Enterprise Value34.08B

Important Dates

Biogen Inc.'s next confirmed earnings release is scheduled for October 28, 2026.

Earnings Date10/28/2026

Share Statistics

As of June 30, 2026, Biogen Inc. has 147.70M shares outstanding.

Shares Outstanding147.70M

Valuation Ratios

As of June 30, 2026, Biogen Inc. trades at a trailing price-to-earnings ratio of 38.02. The price-to-sales ratio is 3.16, and the price-to-book ratio stands at 1.69.

PE Ratio38.02
PS Ratio3.16
PB Ratio1.69
P/TBV Ratio-19.21
P/FCF Ratio12.80
P/OCF Ratio11.02

Enterprise Valuation

As of June 30, 2026, Biogen Inc. trades at an EV/EBITDA multiple of 20.10 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.88 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 35.58 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Biogen Inc. trades at an EV/FCF ratio of 14.29, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 34.08B versus a market cap of 27.89B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.88
EV / EBITDA20.10
EV / EBIT35.58
EV / FCF14.29

Financial Position

As of June 30, 2026, Biogen Inc. maintains a current ratio of 1.87, meaning it holds 1.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 44.33, indicating elevated leverage, while an interest coverage ratio of 6.80 demonstrates adequate ability to service its debt obligations.

Current Ratio1.87
Quick Ratio0.94
Debt / Equity44.33
Debt / EBITDA4.31
Interest Coverage6.80

Financial Efficiency

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Over the twelve months ended June 30, 2026, Biogen Inc. posted a return on equity (ROE) of 4.58, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 3.50 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 2.76, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 4.16, useful for judging operating efficiency across full business cycles. The company generates approximately 1.17M in revenue per employee across its workforce of 7,526.25, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.12 indicates how many times Biogen Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)4.58
Return on Assets (ROA)2.76
Return on Invested Capital (ROIC)3.50
Return on Capital Employed (ROCE)4.16
Revenue Per Employee1.17M
Employee Count7,526.25
Inventory Turnover1.12

Taxes

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Over the twelve months ended June 30, 2026, Biogen Inc. recorded 154.75M in income tax expense. That works out to an effective tax rate of 17.48, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 885.28M, leaving 730.53M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax154.75M
Effective Tax Rate17.48

Stock Price Statistics

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As of the close on October 22, 2026, Biogen Inc.'s stock has gained approximately 74.75% over the past 52 weeks. The 50-day moving average sits at 194.46, while the 200-day moving average is 172.11.

52-Week Price Change74.75%
50-Day Moving Average194.46
200-Day Moving Average172.11

Income Statement

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Over the twelve months ended June 30, 2026, Biogen Inc. generated 8.78B in revenue and converted that into 730.53M in net income, yielding earnings per share of 4.95. EBITDA reached 1.70B, while operating income came in at 1.69B.

Revenue8.78B
Gross Profit6.49B
Operating Income1.69B
Pretax Income885.28M
Net Income730.53M
EBITDA1.70B
EBIT957.84M
Earnings Per Share (EPS)4.95

Balance Sheet

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As of June 30, 2026, Biogen Inc. holds 1.12B in cash and equivalents against 7.31B in total debt, resulting in a net debt position of 5.96B. Total book value stands at 16.50B, with working capital of 2.97B providing operational flexibility.

Cash & Cash Equivalents1.12B
Total Debt7.31B
Net Debt5.96B
Equity (Book Value)16.50B
Book Value Per Share111.70
Working Capital2.97B

Cash Flow

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Biogen Inc. produced 2.52B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -340.32M in capital expenditures, free cash flow totaled 2.18B - equivalent to 14.82 per share.

Operating Cash Flow2.52B
Capital Expenditures-340.32M
Free Cash Flow2.18B
FCF Per Share14.82

Margins

Over the twelve months ended June 30, 2026, Biogen Inc. posted a gross margin of 73.99, reflecting its pricing power and cost economics. The operating margin of 19.29 and net profit margin of 8.32 provide insight into operational efficiency.

Gross Margin73.99
Operating Margin19.29
Pretax Margin10.09
Profit Margin8.32
EBITDA Margin19.32

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 7.81, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -3.09, meaning Biogen Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-3.09
FCF Yield7.81

Stock Splits

Biogen Inc.'s most recent stock split took place on January 18, 2001 with a 1:3 split ratio.

Last Split Date1/18/2001
Split Ratio1:3

Scores

As of June 30, 2026, Biogen Inc. has an Altman Z-Score of 5.75, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score5.75