United Therapeutics (UTHR) FCF Margin (2009 - 2026)
United Therapeutics' (UTHR) quarterly FCF Margin came in at 46.39% in Q1 2026, down 573.0% year-on-year from 9.81% in Q1 2025, and up 13.8% quarter-over-quarter from 40.76% in Q4 2025.
United Therapeutics (UTHR) FCF Margin (2009 - 2026) Analysis & Trends
United Therapeutics has disclosed FCF Margin across 18 years of filings, most recently posting 46.39% for Q1 2026.
- FCF Margin for Q1 2026 came in at 46.39%, down 573.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 43.96% (down 166.0% YoY), and the FY2025 annual result was 45.4%, up 5.0% from the prior year.
- FCF Margin came in at 46.39% for Q1 2026 at United Therapeutics, up from 40.76% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 75.92% in Q3 2025 to a low of 10.33% in Q2 2023.
- The 5-year median for FCF Margin is 40.76% (2025), against an average of 40.09%.
- Across the five-year window, FCF Margin soared 5335 bps in 2024 and plunged 2430 bps in 2025, its largest moves.
- United Therapeutics' FCF Margin stood at 18.05% in 2022, then sank by 35 bps to 11.71% in 2023, then surged by 455 bps to 65.06% in 2024, then plunged by 37 bps to 40.76% in 2025, then climbed by 14 bps to 46.39% in 2026.
- The last three FCF Margin figures came in at 46.39% (Q1 2026), 40.76% (Q4 2025), and 75.92% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | -5.22% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 12.86% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 46.39% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | - |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 16.78% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | -2.77% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -429.96% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 32.62% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 13.24% |
| 10 | Liquidia | 5.63 Bn | 5.40 Bn | 121.79 Mn | 34.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.39% |
| Dec 31, 2025 | 40.76% |
| Sep 30, 2025 | 75.92% |
| Jun 30, 2025 | 12.75% |
| Mar 31, 2025 | 52.11% |
| Dec 31, 2024 | 65.06% |
| Sep 30, 2024 | 31.42% |
| Jun 30, 2024 | 33.28% |
| Mar 31, 2024 | 52.07% |
| Dec 31, 2023 | 11.71% |
| Sep 30, 2023 | 46.03% |
| Jun 30, 2023 | 10.33% |
| Mar 31, 2023 | 65.79% |
| Dec 31, 2022 | 18.05% |
| Sep 30, 2022 | 36.78% |
| Jun 30, 2022 | 22.00% |
| Mar 31, 2022 | 61.16% |
| Dec 31, 2021 | 25.05% |
| Sep 30, 2021 | 36.50% |
| Jun 30, 2021 | 28.31% |