Incyte (INCY) EV to FCF (2009 - 2026)
Incyte's EV to FCF came in at 30.52 for Q3 2026, up 166.6% from 11.45 a year earlier and up 221.2% from the prior quarter.
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Analysis
Incyte (INCY) EV to FCF (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Incyte reported EV to FCF of 12.80, up 128.2% year-over-year; for FY2025, it came in at 11.83, down 73.7% from FY2024.
- Going back by year, EV to FCF was 44.98 in FY2024 (+100.1%), 22.47 in FY2023 (+36.8%), 16.42 in FY2022 (-32.7%) and 24.41 in FY2021.
- The Q3 2026 figure represents the highest quarterly EV to FCF since Q1 2025.
- Year-over-year, EV to FCF increased in three of the last seven quarters, with growth averaging 26.6%.
- The fastest year-over-year change in EV to FCF over five years came in Q1 2025 (growth of 172.4%), and the weakest in Q3 2025 (a decline of 96.8%).
- Business Quant data shows INCY's EV to FCF at 9.50 (Q2 2026), 10.20 (Q1 2026) and 11.83 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn |
| 10 | Incyte | 245.42 Mn | -15.74 Bn | 1.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -5.27 |
| Jun 30, 2026 | -2.24 |
| Mar 31, 2026 | -2.64 |
| Dec 31, 2025 | -2.50 |
| Sep 30, 2025 | -2.31 |
| Jun 30, 2025 | -2.39 |
| Mar 31, 2025 | -7.57 |
| Dec 31, 2024 | -8.13 |
| Sep 30, 2024 | -53.54 |
| Mar 31, 2024 | -4.71 |
| Dec 31, 2023 | -7.58 |
| Sep 30, 2023 | -5.83 |
| Jun 30, 2023 | -4.61 |
| Mar 31, 2023 | -5.13 |
| Dec 31, 2022 | -3.43 |
| Sep 30, 2022 | -3.98 |
| Jun 30, 2022 | -3.84 |
| Mar 31, 2022 | -3.89 |
| Dec 31, 2021 | -3.85 |
| Sep 30, 2021 | -3.92 |
API Access
Incyte EV to FCF 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-fcf&ticker=INCY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=INCY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();