Incyte (INCY) Debt Ratio (2012 - 2026)

Incyte (INCY) posted Debt Ratio of 0.01 for Q1 2026, down 9.25% on a QoQ basis from 0.01 in Q4 2025, and down 26.04% year-over-year from 0.01 in Q1 2025.

Incyte (INCY) Debt Ratio (2012 - 2026) Analysis & Trends

Incyte's Debt Ratio history runs 14 years deep, the most recent figure standing at 0.01 for Q1 2026.

  • Quarterly Debt Ratio fell 26.04% year-over-year to 0.01 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.01 (down 26.04% YoY) and the FY2025 annual result came in at 0.01, down 17.95% from the prior year.
  • Debt Ratio was 0.01 for Q1 2026 at Incyte, down from 0.01 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.01 in Q3 2024 and bottomed at 0.01 in Q1 2024.
  • A 5-year average of 0.01 and a median of 0.01 in 2023 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio slumped 32.23% — and 2024, when it soared 39.63%.
  • Incyte's Debt Ratio stood at 0.01 in 2022, then slipped by 9.44% to 0.01 in 2023, then gained by 27.22% to 0.01 in 2024, then fell by 17.95% to 0.01 in 2025, then retreated by 9.25% to 0.01 in 2026.
  • Business Quant data shows INCY's Debt Ratio at 0.01 in Q1 2026, 0.01 in Q4 2025, and 0.01 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - 1.41
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 0.11
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn -
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 0.05
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Incyte 23.33 Bn 19.32 Bn 1.17 Bn 0.01

Historic Data

Download Data
DateValue
Mar 31, 2026 0.01
Dec 31, 2025 0.01
Sep 30, 2025 0.01
Jun 30, 2025 0.01
Mar 31, 2025 0.01
Dec 31, 2024 0.01
Sep 30, 2024 0.01
Jun 30, 2024 0.01
Mar 31, 2024 0.01
Dec 31, 2023 0.01
Sep 30, 2023 0.01
Jun 30, 2023 0.01
Mar 31, 2023 0.01
Dec 31, 2022 0.01
Sep 30, 2022 0.01
Jun 30, 2022 0.01
Mar 31, 2022 0.01
Dec 31, 2021 0.01
Sep 30, 2021 0.01
Jun 30, 2021 0.01