Sanofi

SNY Healthcare Drug Manufacturers General

Sanofi’s revenue for fiscal 2025 (year ended December 2025) was $52.9 billion, up 10.3% from fiscal 2024.

Revenue
+13.9%
EPS
+8.21%
Free cash flow
+99.6%
Total debt
−11.2%

Quarter to September 2026, against a year earlier

46.55 0.36 −0.77%
Market cap
$111.8B
P/E
23.2×
Fwd P/E
—
Dividend yield
5.18%
F-score
7/9
Altman Z
2.50
Beneish M
−2.63
Dividend safety
54/100

Sanofi (SNY) Free cash flow margin

Alert me on Free cash flow margin

Sanofi's free cash flow margin over the twelve months to 30 September 2026 was 40.3%, up 23.0 percentage points from fiscal 2025 (17.3%). Over the past ten years it has ranged from 16.1% (fiscal 2018) to 23.5% (fiscal 2021); the current reading is higher than 64% of that period. That is above the Drug Manufacturers General industry median of 18.5% and above the Healthcare sector median of 0.00%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 17.3% 0.66
FY2024 16.6% (1.17)
FY2023 17.8% (3.86)
FY2022 21.6% (1.86)
FY2021 23.5% 6.75
FY2020 16.7% (2.28)
FY2019 19.0% 2.94
FY2018 16.1% (0.39)
FY2017 16.5% (0.72)
FY2016 17.2% 0.75

Against its own ten years

Low 16.1% High 23.5%
Ten-year median 17.2%
Current reading's percentile 64

Free cash flow margin against peers

Company Free cash flow margin
GILD Gilead Sciences, Inc. compare 44.5%
SNY Sanofi 40.3%
NVS Novartis AG compare 24.7%
AMGN Amgen Inc. compare 24.6%
GSK GSK PLC Sponsored ADR compare 19.7%
BMY Bristol Myers Squibb Company compare 18.6%
PFE Pfizer Inc. compare 18.5%
NVO Novo Nordisk A/S compare 14.8%
AZN AstraZeneca PLC compare 10.2%
Drug Manufacturers General industry median 18.5%
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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