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
DateValue
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