United Therapeutics (UTHR) Net Margin (2009 - 2026)
United Therapeutics' Net Margin was 42.51% in Q2 2026, up 3.76 percentage points from 38.76% a year earlier and up 7.34 percentage points from the prior quarter.
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Analysis
United Therapeutics (UTHR) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, United Therapeutics' Net Margin was 41.56% through Jun 30, 2026, up 1.20 percentage points year-over-year; for FY2025, it was 41.94%, up 0.40 percentage points from FY2024.
- Net Margin shows a five-year change of +7.23 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 41.53% in FY2024 (-0.78 pp), 42.31% in FY2023 (+4.75 pp), 37.56% in FY2022 (+9.33 pp) and 28.23% in FY2021 (-6.48 pp).
- Quarterly Net Margin has moved between 24.84% (Q2 2022) and 51.94% (Q1 2022) over five years.
- Compared with a year earlier, Net Margin was higher in four of the last eight quarters, with an average year-over-year change of +0.35 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q1 2022 (a gain of 44.47 percentage points); the worst was Q2 2022 (a drop of 13.81 percentage points).
- Per Business Quant data, UTHR's Net Margin in the three quarters before Q2 2026 was 35.18% (Q1 2026), 46.10% (Q4 2025) and 42.36% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 21.86% |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 21.27% |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | -8.04% |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | 22.61% |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | 18.81% |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 23.62% |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | -134.51% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | -1.65% |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 32.99% |
| 10 | United Therapeutics | 20.55 Bn | 10.04 Bn | 683.80 Mn | 42.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.51% |
| Mar 31, 2026 | 35.18% |
| Dec 31, 2025 | 46.10% |
| Sep 30, 2025 | 42.36% |
| Jun 30, 2025 | 38.76% |
| Mar 31, 2025 | 40.56% |
| Dec 31, 2024 | 40.94% |
| Sep 30, 2024 | 41.27% |
| Jun 30, 2024 | 38.90% |
| Mar 31, 2024 | 45.24% |
| Dec 31, 2023 | 35.32% |
| Sep 30, 2023 | 43.91% |
| Jun 30, 2023 | 43.45% |
| Mar 31, 2023 | 47.52% |
| Dec 31, 2022 | 26.88% |
| Sep 30, 2022 | 46.38% |
| Jun 30, 2022 | 24.84% |
| Mar 31, 2022 | 51.94% |
| Dec 31, 2021 | 27.02% |
| Sep 30, 2021 | 36.59% |
API Access
United Therapeutics Net 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=net-margin&ticker=UTHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=UTHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();