Incyte Corporation INCY

123.36 (1.46) (1.17%) as of 29 Sep
Market cap
$26.1B
P/E
15.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Incyte Corporation (INCY) Free cash flow margin

Incyte Corporation's free cash flow margin over the twelve months to 30 June 2026 was 32.5%, up 6.6 percentage points from fiscal 2025 (25.9%). Over the past ten years it has ranged from −13.3% (fiscal 2017) to 29.3% (fiscal 2019); the current reading is higher than 82% of that period. That is above the Biotechnology industry median of 0.00% and above the Healthcare sector median of 0.00%.

Free cash flow margin, annual

Annual

Period Free cash flow margin Change (points)
FY2025 25.9% 20.32
FY2024 5.54% (6.61)
FY2023 12.2% (14.13)
FY2022 26.3% 7.24
FY2021 19.0% 30.74
FY2020 −11.7% (41.00)
FY2019 29.3% 15.34
FY2018 14.0% 27.24
FY2017 −13.3% (29.96)
FY2016 16.7% 8.27

Against its own ten years

Low −13.3% High 29.3%
Ten-year median 14.0%
Current reading's percentile 82

Free cash flow margin against peers

Company Free cash flow margin
RPRX Royalty Pharma PLC compare 51.7%
INCY Incyte Corporation 32.5%
JAZZ Jazz Pharmaceuticals PLC compare 30.8%
ONC BeOne Medicines Ltd. - Sponsored ADR compare 21.7%
ALNY Alnylam Pharmaceuticals, Inc. compare 17.1%
BNTX BioNTech SE Sponsored ADR compare 16.6%
INSM Insmed, Inc. compare −71.0%
GMAB Genmab A/S Sponsored ADR compare −153.6%
ROIV Roivant Sciences Ltd. compare −10,901.0%
Biotechnology industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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