Incyte (INCY) EV to CFO (2010 - 2026)
Incyte's (INCY) EV to CFO was 9.22 for Q2 2026, down 14.4% from 10.77 a year earlier and down 5.6% from the prior quarter.
Incyte (INCY) EV to CFO (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Incyte's EV to CFO came in at 3.90, down 12.3% year-over-year; for FY2025, it came in at 11.33, down 66.1% from FY2024.
- By year, EV to CFO came in at 33.41 in FY2024 (+59.1%), 21.00 in FY2023 (+39.0%), 15.11 in FY2022 (-18.4%) and 18.52 in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly EV to CFO in data going back to Q4 2010.
- Year over year, EV to CFO has now declined in each of the last four quarters, with growth averaging 82.2% over the last seven quarters.
- The high point for year-over-year EV to CFO in five years was Q3 2024 (growth of 622.5%); the low point was Q3 2025 (a decline of 89.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.76 (Q1 2026), 11.33 (Q4 2025) and 10.95 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn |
| 10 | Incyte | 24.39 Bn | 9.33 Bn | 1.57 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.22 |
| Mar 31, 2026 | 9.76 |
| Dec 31, 2025 | 11.33 |
| Sep 30, 2025 | 10.95 |
| Jun 30, 2025 | 10.77 |
| Mar 31, 2025 | 24.37 |
| Dec 31, 2024 | 33.41 |
| Sep 30, 2024 | 107.74 |
| Mar 31, 2024 | 10.89 |
| Dec 31, 2023 | 21.00 |
| Sep 30, 2023 | 14.91 |
| Jun 30, 2023 | 13.42 |
| Mar 31, 2023 | 20.06 |
| Dec 31, 2022 | 15.11 |
| Sep 30, 2022 | 14.78 |
| Jun 30, 2022 | 18.59 |
| Mar 31, 2022 | 19.81 |
| Dec 31, 2021 | 18.52 |
| Sep 30, 2021 | 17.41 |
| Jun 30, 2021 | 24.63 |
Incyte EV to CFO 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=ev-to-cfo&ticker=INCY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "INCY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=INCY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();