Biogen (BIIB) Debt Ratio (2009 - 2025)

Biogen (BIIB) recorded quarterly Debt Ratio of 0.21 in Q4 2025, up 3933.27% quarter-over-quarter from 0.01 in Q2 2025, and down 4.86% on a YoY basis from 0.22 in Q4 2024.

Biogen (BIIB) Debt Ratio (2009 - 2025) Analysis & Trends

Biogen's Debt Ratio history runs 16 years deep, the most recent figure standing at 0.21 for Q4 2025.

  • In Q4 2025, Debt Ratio fell 4.86% year-over-year to 0.21; the TTM figure through Dec 2025 stood at 0.21 (down 4.86% YoY), while the FY2025 annual figure was 0.21, down 4.86% from the prior year.
  • Debt Ratio was 0.21 for Q4 2025 at Biogen, up from 0.01 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.26 in Q4 2023 to a low of 0.01 in Q2 2025.
  • Historically, Debt Ratio has averaged 0.17 across 5 years, with a median of 0.22 in 2024.
  • The sharpest annual moves came in 2022 and 2024: Debt Ratio soared 511.34% in 2022, then declined 13.16% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.04 in 2021, then jumped by 511.34% to 0.26 in 2022, then advanced by 1.04% to 0.26 in 2023, then declined by 13.16% to 0.22 in 2024, then fell by 4.86% to 0.21 in 2025.
  • The last three Debt Ratio figures came in at 0.21 (Q4 2025), 0.01 (Q2 2025), and 0.22 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Gsk 93,699,046.73 Bn 93,699,041.77 Bn 7.76 Bn -0.22
2 Eli Lilly 1,012.06 Bn 1,006.77 Bn 16.22 Bn 0.37
3 Johnson & Johnson 560.67 Bn 538.62 Bn 15.96 Bn 0.27
4 AbbVie 402.20 Bn 392.85 Bn 10.78 Bn 0.47
5 Merck 298.59 Bn 292.94 Bn 12.09 Bn 0.38
6 Amgen 188.77 Bn 176.74 Bn 5.87 Bn 0.62
7 Gilead Sciences 160.22 Bn 152.49 Bn 5.52 Bn 0.39
8 Pfizer 148.19 Bn 135.42 Bn -1.21 Bn 0.31
9 Bristol Myers Squibb 116.72 Bn 106.26 Bn 8.07 Bn 0.51
10 Biogen 28.75 Bn 24.47 Bn 1.82 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.21
Jun 30, 2025 0.01
Dec 31, 2024 0.22
Dec 31, 2023 0.26
Dec 31, 2022 0.26
Dec 31, 2021 0.04
Dec 31, 2019 0.05
Mar 31, 2018 0.00
Dec 31, 2017 0.00
Sep 30, 2017 0.02
Jun 30, 2017 0.03
Mar 31, 2017 0.03
Dec 31, 2016 0.00
Sep 30, 2016 0.00
Jun 30, 2016 0.00
Mar 31, 2016 0.00
Dec 31, 2015 0.00
Sep 30, 2015 0.00
Jun 30, 2015 0.00
Mar 31, 2015 0.00