Incyte (INCY) EV to FCF (2010 - 2026)
Incyte's EV to FCF came in at 9.50 for Q2 2026, down 15.7% from 11.27 a year earlier and down 6.9% from the prior quarter.
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Analysis
Incyte (INCY) EV to FCF (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Incyte reported EV to FCF of 4.02, down 13.6% 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 Q2 2026 figure represents the lowest quarterly EV to FCF in data going back to Q4 2010.
- Year-over-year, EV to FCF has declined for four consecutive quarters, with growth averaging 3.3% over the last six quarters.
- 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 10.20 (Q1 2026), 11.83 (Q4 2025) and 11.45 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.50 |
| Mar 31, 2026 | 10.20 |
| Dec 31, 2025 | 11.83 |
| Sep 30, 2025 | 11.45 |
| Jun 30, 2025 | 11.27 |
| Mar 31, 2025 | 30.80 |
| Dec 31, 2024 | 44.98 |
| Sep 30, 2024 | 357.39 |
| Mar 31, 2024 | 11.31 |
| Dec 31, 2023 | 22.47 |
| Sep 30, 2023 | 16.23 |
| Jun 30, 2023 | 14.71 |
| Mar 31, 2023 | 22.59 |
| Dec 31, 2022 | 16.42 |
| Sep 30, 2022 | 16.67 |
| Jun 30, 2022 | 21.25 |
| Mar 31, 2022 | 24.69 |
| Dec 31, 2021 | 24.41 |
| Sep 30, 2021 | 23.75 |
| Jun 30, 2021 | 36.60 |
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();