United Therapeutics (UTHR) FCF Margin (2009 - 2026)
United Therapeutics' FCF Margin was 26.25% in Q2 2026, up 10.03 percentage points from 16.22% a year earlier but down 20.14 percentage points from the prior quarter.
United Therapeutics (UTHR) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, United Therapeutics' FCF Margin was 34.65% through Jun 30, 2026, down 0.15 percentage points year-over-year; for FY2025, it was 32.70%, down 4.86 percentage points from FY2024.
- FCF Margin shows a five-year change of -14.25 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 37.55% in FY2024 (+5.43 pp), 32.12% in FY2023 (-2.16 pp), 34.28% in FY2022 (+5.95 pp) and 28.32% in FY2021 (-18.63 pp).
- Quarterly FCF Margin has moved between 10.33% (Q2 2023) and 65.79% (Q1 2023) over five years.
- Compared with a year earlier, FCF Margin was higher in three of the last eight quarters, with an average year-over-year change of +0.59 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q1 2022 (a gain of 38.69 percentage points); the worst was Q3 2021 (a drop of 25.36 percentage points).
- Per Business Quant data, UTHR's FCF Margin in the three quarters before Q2 2026 was 46.39% (Q1 2026), 21.93% (Q4 2025) and 43.98% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 28.82% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 18.33% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 26.96% |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 43.05% |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 34.72% |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 34.70% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 44.00% |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 2.01% |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 30.39% |
| 10 | United Therapeutics | 23.13 Bn | 12.62 Bn | 683.80 Mn | 26.25% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.25% |
| Mar 31, 2026 | 46.39% |
| Dec 31, 2025 | 21.93% |
| Sep 30, 2025 | 43.98% |
| Jun 30, 2025 | 16.22% |
| Mar 31, 2025 | 48.63% |
| Dec 31, 2024 | 34.58% |
| Sep 30, 2024 | 40.15% |
| Jun 30, 2024 | 26.17% |
| Mar 31, 2024 | 49.92% |
| 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 | 23.56% |
| Mar 31, 2022 | 59.58% |
| Dec 31, 2021 | 25.05% |
| Sep 30, 2021 | 36.50% |
United Therapeutics FCF Margin 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=fcf-margin&ticker=UTHR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "UTHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=UTHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();