Biogen (BIIB) FCF Margin (2009 - 2026)

Biogen (BIIB) posted quarterly FCF Margin of 23.98% for Q1 2026, up 1484.0% year-over-year from 1.51% in Q1 2025, and up 16.82% on a QoQ basis from 20.53% in Q4 2025.

Biogen (BIIB) FCF Margin (2009 - 2026) Analysis & Trends

Biogen (BIIB) has reported FCF Margin for 18 consecutive years, with 23.98% the latest figure, recorded in Q1 2026.

  • In Q1 2026, FCF Margin rose 1484.0% year-over-year to 23.98%; the TTM figure through Mar 2026 stood at 24.38% (down 44.0% YoY), while the FY2025 annual figure was 20.73%, down 739.0% from the prior year.
  • FCF Margin came in at 23.98% for Q1 2026 at Biogen, up from 20.53% in the prior quarter.
  • The five-year high for FCF Margin was 48.38% in Q3 2025, with the low at 10.28% in Q4 2022.
  • Average FCF Margin over 5 years is 18.53%, with a median of 20.53% recorded in 2025.
  • Across the five-year window, FCF Margin sank 3905 bps in 2022 and soared 3161 bps in 2024, its largest moves.
  • Year by year, FCF Margin stood at 10.28% in 2022, then jumped by 79 bps to 2.21% in 2023, then soared by 1431 bps to 29.4% in 2024, then sank by 30 bps to 20.53% in 2025, then increased by 17 bps to 23.98% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 23.98%, 20.53%, and 48.38% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 15.19%
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 6.09%
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 23.76%
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 3.80%
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 17.97%
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 17.14%
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 34.87%
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 93.16%
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 23.98%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.98%
Dec 31, 2025 20.53%
Sep 30, 2025 48.38%
Jun 30, 2025 5.08%
Mar 31, 2025 9.14%
Dec 31, 2024 29.40%
Sep 30, 2024 36.52%
Jun 30, 2024 24.03%
Mar 31, 2024 22.15%
Dec 31, 2023 -2.21%
Sep 30, 2023 20.48%
Jun 30, 2023 16.94%
Mar 31, 2023 15.78%
Dec 31, 2022 -10.28%
Sep 30, 2022 23.99%
Jun 30, 2022 27.02%
Mar 31, 2022 4.10%
Dec 31, 2021 28.78%
Sep 30, 2021 27.47%
Jun 30, 2021 41.64%