Biogen (BIIB) EV to FCF (2009 - 2026)
Biogen's (BIIB) EV to FCF was 15.50 for Q3 2026, up 115.2% from 7.20 a year earlier and up 36.4% from the prior quarter.
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Analysis
Biogen (BIIB) EV to FCF (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Biogen's EV to FCF came in at 10.96, up 185.2% 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 Q3 2026 figure ranks as the highest quarterly EV to FCF since Q2 2024.
- Year over year, EV to FCF has now increased in each of the last four quarters, with an average decline of 1.6% 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 Q3 2026 came in at 11.36 (Q2 2026), 9.40 (Q1 2026) and 10.74 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,359.75 Bn | 1,333.37 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 688.76 Bn | 608.62 Bn | 17.30 Bn |
| 3 | AbbVie | 521.69 Bn | 489.75 Bn | 13.12 Bn |
| 4 | Merck | 364.31 Bn | 327.31 Bn | 13.19 Bn |
| 5 | Novartis Ag | 306.35 Bn | 279.93 Bn | - |
| 6 | Astrazeneca | 285.96 Bn | 259.56 Bn | 13.26 Bn |
| 7 | Amgen | 251.88 Bn | 203.53 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 208.59 Bn | 183.61 Bn | 6.73 Bn |
| 9 | Pfizer | 164.73 Bn | 112.38 Bn | 12.56 Bn |
| 10 | Biogen | 37.46 Bn | 26.77 Bn | 2.06 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.50 |
| 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 |
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();