Biogen (BIIB) EV to FCF (2009 - 2026)
Biogen's (BIIB) EV to FCF was 11.36 for Q2 2026, up 43.6% from 7.91 a year earlier and up 20.8% from the prior quarter.
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Analysis
Biogen (BIIB) EV to FCF (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Biogen's EV to FCF came in at 6.89, up 51.8% year-over-year; for FY2025, it came in at 10.74, up 46.7% from FY2024.
- By year, EV to FCF came in at 7.32 in FY2024 (-74.5%), 28.69 in FY2023 (-6.1%), 30.57 in FY2022 (+227.9%) and 9.32 in FY2021 (+2.3%).
- The Q2 2026 figure ranks as the highest quarterly EV to FCF since Q3 2024.
- Year over year, EV to FCF has now increased in each of the last three quarters, with an average decline of 23.4% over the last eight quarters.
- The high point for year-over-year EV to FCF in five years was Q4 2022 (growth of 227.9%); the low point was Q4 2024 (a decline of 74.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.40 (Q1 2026), 10.74 (Q4 2025) and 7.20 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn |
| 10 | Biogen | 33.37 Bn | 20.03 Bn | 1.96 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.36 |
| Mar 31, 2026 | 9.40 |
| Dec 31, 2025 | 10.74 |
| Sep 30, 2025 | 7.20 |
| Jun 30, 2025 | 7.91 |
| Mar 31, 2025 | 7.16 |
| Dec 31, 2024 | 7.32 |
| Sep 30, 2024 | 13.63 |
| Jun 30, 2024 | 20.36 |
| Mar 31, 2024 | 21.83 |
| Dec 31, 2023 | 28.69 |
| Sep 30, 2023 | 32.92 |
| Jun 30, 2023 | 30.71 |
| Mar 31, 2023 | 24.63 |
| Dec 31, 2022 | 30.57 |
| Sep 30, 2022 | 15.30 |
| Jun 30, 2022 | 10.53 |
| Mar 31, 2022 | 9.64 |
| Dec 31, 2021 | 9.32 |
| Sep 30, 2021 | 18.24 |
API Access
Biogen EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=BIIB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "BIIB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=BIIB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();