Biogen (BIIB) Debt to Equity (2009 - 2025)

Biogen (BIIB) posted quarterly Debt to Equity of $0.34 for Q4 2025, down 8.57% year-over-year from $0.38 in Q4 2024, and up 3948.22% on a QoQ basis from $0.01 in Q2 2025.

Biogen (BIIB) Debt to Equity (2009 - 2025) Analysis & Trends

Biogen (BIIB) has reported Debt to Equity for 16 consecutive years, with $0.34 the latest figure, recorded in Q4 2025.

  • In Q4 2025, Debt to Equity fell 8.57% year-over-year to $0.34; the TTM figure through Dec 2025 stood at $0.34 (down 8.57% YoY), while the FY2025 annual figure was $0.34, down 8.57% from the prior year.
  • Debt to Equity came in at $0.34 for Q4 2025 at Biogen, up from $0.01 in the prior quarter.
  • The five-year high for Debt to Equity was $0.47 in Q4 2022, with the low at $0.01 in Q2 2025.
  • Average Debt to Equity over 5 years is $0.29, with a median of $0.36 recorded in 2025.
  • Across the five-year window, Debt to Equity jumped 414.62% in 2022 and decreased 19.66% in 2024, its largest moves.
  • Year by year, Debt to Equity stood at $0.09 in 2021, then surged by 414.62% to $0.47 in 2022, then dropped by 0.07% to $0.47 in 2023, then fell by 19.66% to $0.38 in 2024, then declined by 8.57% to $0.34 in 2025.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.34, $0.01, and $0.38 for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 1.39
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 0.68
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn -9.70
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn -
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 1.07
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 6.24
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 0.94
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 0.72
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.34
Jun 30, 2025 0.01
Dec 31, 2024 0.38
Dec 31, 2023 0.47
Dec 31, 2022 0.47
Dec 31, 2021 0.09
Dec 31, 2019 0.11
Mar 31, 2018 0.00
Dec 31, 2017 0.00
Sep 30, 2017 0.04
Jun 30, 2017 0.05
Mar 31, 2017 0.05
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