Biogen (BIIB) EV to EBITDA (2009 - 2026)
Biogen (BIIB) posted EV to EBITDA of 47.54 for Q2 2026, up 40.89% on a QoQ basis from 80.42 in Q1 2026, and down 142.21% year-over-year from 112.62 in Q2 2025.
Analysis
Biogen (BIIB) EV to EBITDA (2009 - 2026) Analysis & Trends
Biogen has reported EV to EBITDA for 18 years, with the latest figure at 47.54 in Q2 2026.
- On a quarterly basis, EV to EBITDA fell 142.21% year-over-year to 47.54 in Q2 2026; TTM through Jun 2026 was 19.19, a 19.23% increase from a year earlier, with the FY2025 full-year figure at 25.98, up 47.27% from the prior year.
- EV to EBITDA was 47.54 for Q2 2026 at Biogen, up from 80.42 in the prior quarter.
- The five-year high for EV to EBITDA was 304.75 in Q2 2023, with the low at 391.74 in Q1 2024.
- Average EV to EBITDA over 5 years is 3.44, with a median of 41.78 recorded in 2023.
- The largest YoY upside for EV to EBITDA was 865.74% in 2023 against a maximum downside of 453.65% in 2023.
- Over 5 years, EV to EBITDA stood at 79.52 in 2022, then surged by 259.17% to 285.63 in 2023, then slumped by 123.88% to 68.22 in 2024, then surged by 41.47% to 39.93 in 2025, then decreased by 19.06% to 47.54 in 2026.
- The last three EV to EBITDA figures came in at 47.54 (Q2 2026), 80.42 (Q1 2026), and 39.93 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amgen | 236.37 Bn | 222.38 Bn | 7.24 Bn |
| 2 | Gilead Sciences | 187.38 Bn | 184.12 Bn | 6.22 Bn |
| 3 | Vertex Pharmaceuticals | 138.36 Bn | 130.51 Bn | 2.84 Bn |
| 4 | Regeneron Pharmaceuticals | 85.09 Bn | 77.10 Bn | 3.93 Bn |
| 5 | Argenx Se | 63.93 Bn | 58.75 Bn | 1.37 Bn |
| 6 | Moderna | 58.07 Bn | 52.94 Bn | 52.00 Mn |
| 7 | Alnylam Pharmaceuticals | 35.59 Bn | 32.28 Bn | 992.69 Mn |
| 8 | Biogen | 32.63 Bn | 31.34 Bn | 1.96 Bn |
| 9 | Insmed | 27.57 Bn | 26.41 Bn | 358.27 Mn |
| 10 | BioNTech SE | 26.24 Bn | 12.58 Bn | 10.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -47.54 |
| Mar 31, 2026 | -80.42 |
| Dec 31, 2025 | -39.93 |
| Sep 30, 2025 | -141.67 |
| Jun 30, 2025 | 112.62 |
| Mar 31, 2025 | -54.87 |
| Dec 31, 2024 | -68.22 |
| Sep 30, 2024 | -141.43 |
| Jun 30, 2024 | 208.63 |
| Mar 31, 2024 | -391.74 |
| Dec 31, 2023 | 285.63 |
| Sep 30, 2023 | -43.64 |
| Jun 30, 2023 | 304.75 |
| Mar 31, 2023 | -156.76 |
| Dec 31, 2022 | 79.52 |
| Sep 30, 2022 | 37.19 |
| Jun 30, 2022 | 31.56 |
| Mar 31, 2022 | 44.33 |
| Dec 31, 2021 | 53.70 |
| Sep 30, 2021 | 49.20 |