Biogen (BIIB) Invested Capital (2009 - 2026)
Biogen's Invested Capital came in at $19.65 billion for Q2 2026, up 11.4% from $17.63 billion a year earlier.
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Analysis
Biogen (BIIB) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Biogen's Invested Capital was $24.54 billion, down 0.9% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of 18.1% (FY2020 to FY2025).
- Going back by year, Invested Capital was $24.76 billion in FY2024 (+13.1%), $21.89 billion in FY2023 (+11.3%), $19.67 billion in FY2022 (+51.8%) and $12.96 billion in FY2021 (+21.3%).
- The five-year range for quarterly Invested Capital is $11.88 billion (Q3 2021) to $24.76 billion (Q4 2024).
- Year-over-year, Invested Capital increased in six of the last seven quarters, with growth averaging 11.0%.
- The fastest year-over-year change in Invested Capital over five years came in Q4 2022 (growth of 51.8%), and the weakest in Q4 2025 (a decline of 0.9%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,134.76 Bn | 1,103.34 Bn | 19.71 Bn | 88.79 Bn |
| 2 | Johnson & Johnson | 634.69 Bn | 554.55 Bn | 17.30 Bn | 126.18 Bn |
| 3 | AbbVie | 506.51 Bn | 479.62 Bn | 12.70 Bn | 64.89 Bn |
| 4 | Merck | 357.95 Bn | 312.33 Bn | 12.21 Bn | 95.89 Bn |
| 5 | Novartis Ag | 293.14 Bn | 257.13 Bn | 11.24 Bn | 51.53 Bn |
| 6 | Astrazeneca | 265.38 Bn | 239.06 Bn | 12.86 Bn | 82.72 Bn |
| 7 | Amgen | 238.37 Bn | 193.77 Bn | 7.24 Bn | 68.99 Bn |
| 8 | Gilead Sciences | 195.16 Bn | 169.36 Bn | 6.22 Bn | 38.08 Bn |
| 9 | Pfizer | 170.88 Bn | 117.53 Bn | 10.94 Bn | 148.69 Bn |
| 10 | Biogen | 37.02 Bn | 23.67 Bn | 1.96 Bn | 19.65 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.65 Bn |
| Mar 31, 2026 | 24.94 Bn |
| Dec 31, 2025 | 24.54 Bn |
| Sep 30, 2025 | 24.49 Bn |
| Jun 30, 2025 | 23.92 Bn |
| Mar 31, 2025 | 25.03 Bn |
| Dec 31, 2024 | 23.01 Bn |
| Sep 30, 2024 | 24.40 Bn |
| Jun 30, 2024 | 22.18 Bn |
| Mar 31, 2024 | 22.00 Bn |
| Dec 31, 2023 | 21.74 Bn |
| Sep 30, 2023 | 21.27 Bn |
| Jun 30, 2023 | 20.75 Bn |
| Mar 31, 2023 | 20.07 Bn |
| Dec 31, 2022 | 19.67 Bn |
| Sep 30, 2022 | 19.05 Bn |
| Jun 30, 2022 | 20.14 Bn |
| Mar 31, 2022 | 19.50 Bn |
| Dec 31, 2021 | 19.23 Bn |
| Sep 30, 2021 | 19.15 Bn |
API Access
Biogen Invested Capital 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=invested-capital&ticker=BIIB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=BIIB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();