Biogen (BIIB) Minority Interest (2009 - 2023)
Biogen (BIIB) posted quarterly Minority Interest of -$4.1 million for Q3 2023, up 52.87% year-over-year from -$2.7 million in Q3 2022, and up 35.94% on a QoQ basis from -$6.4 million in Q2 2023.
Biogen (BIIB) Minority Interest (2009 - 2023) Analysis & Trends
Biogen (BIIB) has reported Minority Interest for 15 consecutive years, with -$4.1 million the latest figure, recorded in Q3 2023.
- In Q3 2023, Minority Interest rose 52.87% year-over-year to -$4.1 million; the TTM figure through Sep 2023 stood at -$4.1 million (up 52.87% YoY), while the FY2022 annual figure was -$9.5 million, down 114.96% from the prior year.
- Minority Interest came in at -$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.
- Across the five-year window, Minority Interest plunged 375.61% in 2020 and jumped 3327.14% in 2021, its largest moves.
- Year by year, Minority Interest stood at -$4.1 million in 2019, then plunged by 246.34% to -$14.2 million in 2020, then jumped by 547.18% to $63.5 million in 2021, then plunged by 114.96% to -$9.5 million in 2022, then surged by 56.84% to -$4.1 million in 2023.
- According to Business Quant data, Minority Interest over the past three periods registered -$4.1 million, -$6.4 million, and -$9.6 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn |
Historic Data
Download 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 |