Illumina, Inc.

ILMN Healthcare Diagnostics & Research

Illumina, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.3 billion, down 0.66% from fiscal 2024.

Revenue
+4.15%
EPS
+49.0%
Free cash flow
+49.8%
Total debt
+80.0%

Quarter to September 2026, against a year earlier

209.82 16.72 −7.38%
Market cap
$31.5B
P/E
35.6×
Fwd P/E
46.4×
Dividend yield
—
F-score
8/9
Altman Z
4.39
Beneish M
−2.51
Dividend safety
n/a

Illumina, Inc. (ILMN) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Illumina, Inc. (ILMN) trades at a P/E ratio of 35.6×. Over the past ten years it has ranged from 0.0× (June 2025) to 111× (February 2021); the current reading is higher than 37% of that period. That is in line with the Diagnostics & Research industry median of 34.5× and above the Healthcare sector median of 25.2×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 23.9× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 73.4× (9.50%)
FY2020 81.1× 69.54%
FY2019 47.8× (8.72%)
FY2018 52.4× 19.11%
FY2017 44.0× 7.64%
FY2016 40.9× (30.17%)

Quarterly newest first

Period P/E ratio Change
Sep 2026 46.5× 42.97%
Jun 2026 32.5× 45.81%
Mar 2026 22.3× (6.87%)
Dec 2025 23.9× 12.65%
43 more quarters

Against its own ten years

Low 0.0× High 111×
Ten-year median 45.2×
Current reading's percentile 18

P/E ratio against peers

Company P/E ratio
GH Guardant Health, Inc. compare n/m
DGX Quest Diagnostics Incorporated compare 25.0×
LH Labcorp Holdings Inc. compare 29.5×
IQV IQVIA Holdings Inc. compare 31.8×
A Agilent Technologies, Inc. compare 33.8×
ILMN Illumina, Inc. 35.6×
MTD Mettler-Toledo International, Inc. compare 37.6×
IDXX IDEXX Laboratories, Inc. compare 44.8×
WAT Waters Corporation compare 194×
Diagnostics & Research industry median 34.5×
Healthcare sector median 25.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on ILMN