United Therapeutics Corporation

UTHR Healthcare Drug Manufacturers Specialty & Generic

United Therapeutics Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 10.6% from fiscal 2024.

Revenue
+4.13%
EPS
−21.7%
Free cash flow
−63.7%

Quarter to September 2026, against a year earlier

564.88 43.61 −7.17%
Market cap
$24.3B
P/E
19.7×
Fwd P/E
22.5×
Dividend yield
—
F-score
8/9
Altman Z
19.55
Beneish M
−2.26
Dividend safety
n/a

United Therapeutics Corporation (UTHR) Free cash flow margin

Alert me on Free cash flow margin

United Therapeutics Corporation's free cash flow margin over the twelve months to 30 September 2026 was 27.2%, down 5.3 percentage points from fiscal 2025 (32.5%). Over the past ten years it has ranged from −20.0% (fiscal 2019) to 47.1% (fiscal 2020); the current reading is higher than 45% of that period. That is above the Drug Manufacturers Specialty & Generic industry median of 0.00% 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 32.5% (5.02)
FY2024 37.6% 5.43
FY2023 32.1% (2.16)
FY2022 34.3% 5.96
FY2021 28.3% (18.79)
FY2020 47.1% 67.15
FY2019 −20.0% (56.53)
FY2018 36.5% 13.53
FY2017 23.0% (14.92)
FY2016 37.9% (8.72)

Against its own ten years

Low −20.0% High 47.1%
Ten-year median 34.3%
Current reading's percentile 45

Free cash flow margin against peers

Company Free cash flow margin
NBIX Neurocrine Biosciences, Inc. compare 28.1%
UTHR United Therapeutics Corporation 27.2%
ZTS Zoetis Inc. compare 24.4%
VTRS Viatris Inc. compare 16.3%
TEVA Teva Pharmaceutical Industries Ltd. compare 7.71%
ELAN Elanco Animal Health Incorporated compare 7.55%
RDY Dr. Reddy's Laboratories Ltd compare 2.88%
TAK Takeda Pharmaceutical Co. compare 0.00%
HLN Haleon PLC Sponsored ADR compare 0.00%
Drug Manufacturers Specialty & Generic 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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