Incyte (INCY) EV to EBITDA (2010 - 2026)
Incyte's EV to EBITDA was 9.72 in Q2 2026, up 14.7% from 8.48 a year earlier and up 12.0% from the prior quarter.
Incyte (INCY) EV to EBITDA (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Incyte's EV to EBITDA was 4.11 through Jun 30, 2026, up 17.5% year-over-year; for FY2025, it was 9.96, down 86.6% from FY2024.
- In earlier years, EV to EBITDA was 74.38 in FY2024 (+401.6%), 14.83 in FY2023 (-34.5%), 22.64 in FY2022 (+5.0%) and 21.56 in FY2021.
- Quarterly EV to EBITDA has moved between 8.48 (Q2 2025) and 309.96 (Q3 2024) over five years.
- Compared with a year earlier, EV to EBITDA was higher in three of the last seven quarters, with growth averaging 38.7%.
- The best year-over-year quarter for EV to EBITDA over five years was Q4 2024 (growth of 401.6%); the worst was Q3 2025 (a decline of 97.2%).
- Per Business Quant data, INCY's EV to EBITDA in the three quarters before Q2 2026 was 8.68 (Q1 2026), 9.96 (Q4 2025) and 8.71 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn |
| 10 | Incyte | 24.76 Bn | 9.70 Bn | 1.57 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.72 |
| Mar 31, 2026 | 8.68 |
| Dec 31, 2025 | 9.96 |
| Sep 30, 2025 | 8.71 |
| Jun 30, 2025 | 8.48 |
| Mar 31, 2025 | 35.28 |
| Dec 31, 2024 | 74.38 |
| Sep 30, 2024 | 309.96 |
| Jun 30, 2024 | 98.78 |
| Mar 31, 2024 | 11.57 |
| Dec 31, 2023 | 14.83 |
| Sep 30, 2023 | 16.19 |
| Jun 30, 2023 | 20.90 |
| Mar 31, 2023 | 23.30 |
| Dec 31, 2022 | 22.64 |
| Sep 30, 2022 | 17.31 |
| Jun 30, 2022 | 18.13 |
| Mar 31, 2022 | 22.65 |
| Dec 31, 2021 | 21.56 |
| Sep 30, 2021 | 18.56 |
Incyte EV to EBITDA 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-ebitda&ticker=INCY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=INCY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();