Biogen Inc.
BIIB Healthcare Drug Manufacturers General
Biogen Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.9 billion, up 2.22% from fiscal 2024. In the quarter to June 2026, revenue grew 3.42%, EPS fell 84.8%, free cash flow grew 103.3% and total debt rose 16.0%, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.
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Biogen Inc. (BIIB) Price to free cash flow
As of 16 October 2026, Biogen Inc. (BIIB) trades at a price to free cash flow of 13.5×. Over the past ten years it has ranged from 0.0× (September 2015) to 37.8× (October 2023); the current reading is higher than 52% of that period. That is below the Drug Manufacturers General industry median of 16.5× and below the Healthcare sector median of 20.2×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 12.8× | 44.27% |
| FY2024 | 8.9× | (71.77%) |
| FY2023 | 31.3× | 36.40% |
| FY2022 | 23.0× | 116.05% |
| FY2021 | 10.6× | (0.70%) |
| FY2020 | 10.7× | 23.66% |
| FY2019 | 8.7× | (25.52%) |
| FY2018 | 11.6× | (57.63%) |
| FY2017 | 27.4× | 66.29% |
| FY2016 | 16.5× | (24.49%) |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 12.6× | 11.80% |
| Mar 2026 | 11.2× | (11.99%) |
| Dec 2025 | 12.8× | 40.65% |
| Sep 2025 | 9.1× | (8.88%) |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| SNY Sanofi compare | 6.7× |
| BMY Bristol Myers Squibb Company compare | 10.7× |
| GSK GSK PLC Sponsored ADR compare | 13.0× |
| BIIB Biogen Inc. | 13.5× |
| GILD Gilead Sciences, Inc. compare | 15.0× |
| PFE Pfizer Inc. compare | 16.5× |
| NVO Novo Nordisk A/S compare | 22.6× |
| AMGN Amgen Inc. compare | 24.0× |
| AZN AstraZeneca PLC compare | 40.9× |
| Drug Manufacturers General industry median | 16.5× |
| Healthcare sector median | 20.2× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on BIIB
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement