Biogen (BIIB) Debt Ratio (2009 - 2026)
Biogen (BIIB) posted Debt Ratio of 0.25 for Q2 2026, up 18.21% on a QoQ basis from 0.21 in Q1 2026, and up 11.03% year-over-year from 0.23 in Q2 2025.
Analysis
Biogen (BIIB) Debt Ratio (2009 - 2026) Analysis & Trends
Biogen has reported Debt Ratio for 18 years, with the latest figure at 0.25 in Q2 2026.
- On a quarterly basis, Debt Ratio rose 11.03% year-over-year to 0.25 in Q2 2026; TTM through Jun 2026 was 0.25, a 11.03% increase from a year earlier, with the FY2025 full-year figure at 0.21, down 25.54% from the prior year.
- Debt Ratio was 0.25 for Q2 2026 at Biogen, up from 0.21 in the prior quarter.
- The five-year high for Debt Ratio was 0.35 in Q1 2022, with the low at 0.21 in Q1 2026.
- Average Debt Ratio over 5 years is 0.26, with a median of 0.26 recorded in 2024.
- The largest YoY upside for Debt Ratio was 15.02% in 2022 against a maximum downside of 27.27% in 2022.
- Over 5 years, Debt Ratio stood at 0.26 in 2022, then gained by 3.22% to 0.26 in 2023, then advanced by 8.62% to 0.29 in 2024, then decreased by 25.54% to 0.21 in 2025, then advanced by 18.07% to 0.25 in 2026.
- The last three Debt Ratio figures came in at 0.25 (Q2 2026), 0.21 (Q1 2026), and 0.21 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 0.66 |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 0.58 |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | - |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 0.05 |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | - |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | 0.05 |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | - |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 0.25 |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | - |
| 10 | Insmed | 27.67 Bn | 26.51 Bn | 358.27 Mn | 0.26 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.25 |
| Mar 31, 2026 | 0.21 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.26 |
| 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 |
| Sep 30, 2021 | 0.35 |