Biogen BIIB
NASDAQ BIIB
$220.83 -3.68 (-1.64%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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