Incyte Corporation

INCY Healthcare Biotechnology

Incyte Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.1 billion, up 21.2% from fiscal 2024. In the quarter to June 2026, revenue grew 37.7%, EPS grew 39.7%, free cash flow grew 1,829.5% and total debt fell 10.5%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years.

113.25 0.18 +0.16%
Market cap
$23.0B
P/E
13.9×
Fwd P/E
58.4×
Dividend yield
—
F-score
9/9
Altman Z
8.57
Beneish M
−2.43
Dividend safety
n/a

Incyte Corporation (INCY) Return on equity

Alert me on Return on equity

Incyte Corporation's return on equity over the twelve months to 30 June 2026 was 30.7%, up 0.8 percentage points from fiscal 2025 (29.9%). Over the past ten years it has ranged from −30.6% (fiscal 2017) to 35.3% (fiscal 2016); the current reading is higher than 91% of that period. That is above the Biotechnology industry median of −54.1% and above the Healthcare sector median of −28.3%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 29.9% 29.11
FY2024 0.76% (11.74)
FY2023 12.5% 4.13
FY2022 8.37% (21.36)
FY2021 29.7% 41.08
FY2020 −11.4% (31.11)
FY2019 19.8% 13.60
FY2018 6.16% 36.71
FY2017 −30.6% (65.84)
FY2016 35.3% 20.70

Against its own ten years

Low −30.6% High 35.3%
Ten-year median 12.5%
Current reading's percentile 91

Return on equity against peers

Company Return on equity
ASND Ascendis Pharma A/S compare 118.4%
ALNY Alnylam Pharmaceuticals, Inc. compare 96.6%
EXEL Exelixis, Inc. compare 44.4%
INCY Incyte Corporation 30.7%
GMAB Genmab A/S Sponsored ADR compare 14.0%
RPRX Royalty Pharma PLC compare 8.42%
ROIV Roivant Sciences Ltd. compare −5.47%
BNTX BioNTech SE Sponsored ADR compare −9.53%
INSM Insmed, Inc. compare −87.2%
Biotechnology industry median −54.1%
Healthcare sector median −28.3%
Market median 1.35%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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