Biogen (BIIB) Debt Ratio (2009 - 2026)
Biogen's Debt Ratio was 0.23 in Q3 2026, up 5.7% from 0.22 a year earlier and up 0.1% from the prior quarter.
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Analysis
Biogen (BIIB) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Biogen came in at 0.21, down 4.9% from FY2024.
- In earlier years, Debt Ratio was 0.22 in FY2024 (-13.2%), 0.26 in FY2023 (+1.0%), 0.26 in FY2022 (-26.2%) and 0.35 in FY2021 (+14.9%).
- The Q3 2026 figure marks the highest quarterly Debt Ratio since Q1 2025.
- Compared with a year earlier, Debt Ratio was higher in three of the last eight quarters, with an average decline of 6.6%.
- The best year-over-year quarter for Debt Ratio over five years was Q3 2024 (growth of 18.0%); the worst was Q3 2022 (a decline of 27.3%).
- Per Business Quant data, BIIB's Debt Ratio in the three quarters before Q3 2026 was 0.23 (Q2 2026), 0.21 (Q1 2026) and 0.21 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,359.75 Bn | 1,333.37 Bn | 20.46 Bn | 0.33 |
| 2 | Johnson & Johnson | 688.76 Bn | 608.62 Bn | 17.30 Bn | 0.23 |
| 3 | AbbVie | 521.69 Bn | 489.75 Bn | 13.12 Bn | 0.55 |
| 4 | Merck | 364.31 Bn | 327.31 Bn | 13.19 Bn | 0.41 |
| 5 | Novartis Ag | 306.35 Bn | 279.93 Bn | - | - |
| 6 | Astrazeneca | 285.96 Bn | 259.56 Bn | 13.26 Bn | -0.06 |
| 7 | Amgen | 251.88 Bn | 203.53 Bn | 7.58 Bn | 0.56 |
| 8 | Gilead Sciences | 208.59 Bn | 183.61 Bn | 6.73 Bn | 0.51 |
| 9 | Pfizer | 164.73 Bn | 112.38 Bn | 12.56 Bn | 0.31 |
| 10 | Biogen | 37.46 Bn | 26.77 Bn | 2.06 Bn | 0.23 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.23 |
| Jun 30, 2026 | 0.23 |
| Mar 31, 2026 | 0.21 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | 0.22 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 0.25 |
| Jun 30, 2022 | 0.33 |
| Mar 31, 2022 | 0.35 |
| Dec 31, 2021 | 0.35 |
API Access
Biogen Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=BIIB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "BIIB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=BIIB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();