Vertex Pharmaceuticals Incorporated

VRTX Healthcare Biotechnology

Vertex Pharmaceuticals Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $12.0 billion, up 8.90% from fiscal 2024. In the quarter to June 2026, revenue grew 12.5%, EPS grew 7.96% and free cash flow grew 9.25%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years.

499.39 9.36 −1.84%
Market cap
$129.0B
P/E
28.8×
Fwd P/E
25.5×
Dividend yield
—
F-score
8/9
Altman Z
12.06
Beneish M
−2.17
Dividend safety
n/a

Vertex Pharmaceuticals Incorporated (VRTX) Free cash flow margin

Alert me on Free cash flow margin

Vertex Pharmaceuticals Incorporated's free cash flow margin over the twelve months to 30 June 2026 was 30.2%, up 3.6 percentage points from fiscal 2025 (26.6%). Over the past ten years it has ranged from −39.8% (fiscal 2015) to 48.2% (fiscal 2020); the current reading is higher than 36% 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

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 26.6% 35.48
FY2024 −8.87% (42.09)
FY2023 33.2% (10.73)
FY2022 44.0% 12.15
FY2021 31.8% (16.44)
FY2020 48.2% 12.35
FY2019 35.9% (2.66)
FY2018 38.6% 8.59
FY2017 30.0% 19.41
FY2016 10.6% 50.34

Against its own ten years

Low −39.8% High 48.2%
Ten-year median 31.8%
Current reading's percentile 36

Free cash flow margin against peers

Company Free cash flow margin
RPRX Royalty Pharma PLC compare 51.7%
VRTX Vertex Pharmaceuticals Incorporated 30.2%
ARGX argenex SE compare 25.9%
REGN Regeneron Pharmaceuticals, Inc. compare 23.0%
ONC BeOne Medicines Ltd. - Sponsored ADR compare 21.7%
ALNY Alnylam Pharmaceuticals, Inc. compare 17.1%
RVMD Revolution Medicines, Inc. compare 0.00%
MRNA Moderna, Inc. compare −55.8%
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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