Biogen (BIIB) Minority Interest (2009 - 2023)
Biogen (BIIB) posted Minority Interest of -$4.1 million for Q3 2023, up 35.94% on a QoQ basis from -$6.4 million in Q2 2023, and up 52.87% year-over-year from -$2.7 million in Q3 2022.
Analysis
Biogen (BIIB) Minority Interest (2009 - 2023) Analysis & Trends
Biogen has reported Minority Interest for 15 years, with the latest figure at -$4.1 million in Q3 2023.
- On a quarterly basis, Minority Interest rose 52.87% year-over-year to -$4.1 million in Q3 2023; TTM through Sep 2023 was -$4.1 million, a 52.87% increase from a year earlier, with the FY2022 full-year figure at -$9.5 million, down 114.96% from the prior year.
- Minority Interest was -$4.1 million for Q3 2023 at Biogen, up from -$6.4 million in the prior quarter.
- The five-year high for Minority Interest was $462.9 million in Q2 2021, with the low at -$21.6 million in Q1 2022.
- Average Minority Interest over 5 years is $42.8 million, with a median of -$8.7 million recorded in 2022.
- The sharpest annual moves came in 2020 and 2021: Minority Interest slumped 375.61% in 2020, then surged 3327.14% in 2021.
- Over 5 years, Minority Interest stood at -$4.1 million in 2019, then sank by 246.34% to -$14.2 million in 2020, then surged by 547.18% to $63.5 million in 2021, then slumped by 114.96% to -$9.5 million in 2022, then soared by 56.84% to -$4.1 million in 2023.
- The last three Minority Interest figures came in at -$4.1 million (Q3 2023), -$6.4 million (Q2 2023), and -$9.6 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amgen | 203.97 Bn | 189.99 Bn | 7.24 Bn |
| 2 | Gilead Sciences | 178.74 Bn | 175.56 Bn | 6.22 Bn |
| 3 | Vertex Pharmaceuticals | 130.73 Bn | 122.88 Bn | 2.84 Bn |
| 4 | Regeneron Pharmaceuticals | 80.42 Bn | 72.42 Bn | 3.93 Bn |
| 5 | Argenx Se | 60.40 Bn | 55.21 Bn | 1.37 Bn |
| 6 | Moderna | 57.65 Bn | 52.52 Bn | 52.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.37 Bn | 30.07 Bn | 992.69 Mn |
| 8 | Biogen | 32.15 Bn | 30.86 Bn | 1.96 Bn |
| 9 | Roivant Sciences | 29.58 Bn | 29.58 Bn | 1.16 Mn |
| 10 | Insmed | 28.06 Bn | 26.90 Bn | 358.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -4.10 Mn |
| Jun 30, 2023 | -6.40 Mn |
| Mar 31, 2023 | -9.60 Mn |
| Dec 31, 2022 | -9.50 Mn |
| Sep 30, 2022 | -8.70 Mn |
| Jun 30, 2022 | -9.10 Mn |
| Mar 31, 2022 | -21.60 Mn |
| Dec 31, 2021 | 63.50 Mn |
| Sep 30, 2021 | 451.80 Mn |
| Jun 30, 2021 | 462.90 Mn |
| Mar 31, 2021 | -19.00 Mn |
| Dec 31, 2020 | -14.20 Mn |
| Sep 30, 2020 | -14.00 Mn |
| Jun 30, 2020 | -19.50 Mn |
| Mar 31, 2020 | -10.00 Mn |
| Dec 31, 2019 | -4.10 Mn |
| Sep 30, 2019 | -4.10 Mn |
| Jun 30, 2019 | -4.10 Mn |
| Mar 31, 2019 | -7.90 Mn |
| Dec 31, 2018 | -8.00 Mn |