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

46.12 0.79 −1.68%
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) Operating margin

Alert me on Operating margin

Sanofi's operating margin over the twelve months to 30 September 2026 was 18.7%, up 0.1 percentage points from fiscal 2025 (18.6%). Over the past ten years it has ranged from 14.8% (fiscal 2018) to 38.4% (fiscal 2020); the current reading is higher than 55% of that period. That is in line with the Drug Manufacturers General industry median of 18.3% and above the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 18.6% 1.45
FY2024 17.2% (1.94)
FY2023 19.1% (3.33)
FY2022 22.4% 1.18
FY2021 21.2% (17.15)
FY2020 38.4% 21.14
FY2019 17.3% 2.46
FY2018 14.8% (2.49)
FY2017 17.3% (2.49)
FY2016 19.8% 1.59

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 28.5% 11.05
Jun 2026 17.5% (1.07)
Mar 2026 18.6% 10.57
Dec 2025 7.98% (20.09)
39 more quarters

Against its own ten years

Low 14.8% High 38.4%
Ten-year median 18.6%
Current reading's percentile 53

Operating margin against peers

Company Operating margin
NVO Novo Nordisk A/S compare 43.4%
AMGN Amgen Inc. compare 32.4%
NVS Novartis AG compare 25.2%
AZN AstraZeneca PLC compare 23.7%
BMY Bristol Myers Squibb Company compare 22.7%
PFE Pfizer Inc. compare 21.4%
SNY Sanofi 18.7%
GSK GSK PLC Sponsored ADR compare 18.0%
GILD Gilead Sciences, Inc. compare −7.63%
Drug Manufacturers General industry median 18.3%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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