INCY (INCY)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$20.28B
EV / Sales3.48
EV / EBITDA9.93
EV / Operating Cash Flow10.24
EV / Free Cash Flow10.56

Return Metrics (TTM)

Return on Equity (ROE)29.70%
Return on Assets (ROA)20.48%
Return on Invested Capital (ROIC)24.59%
Return on Capital Employed (ROCE)28.01%

Yield Metrics

Earnings Yield6.73%
Free Cash Flow Yield7.93%

Balance Sheet Strength

Net Debt / EBITDA-1.93
Current Ratio4.66
Working Capital$4.81B
Tangible Asset Value$6.11B
Net Current Asset Value$4.59B

Working Capital Efficiency

Days Sales Outstanding70.57
Days Payables Outstanding212.77
Operating Cycle (Days)166.20
Cash Conversion Cycle-46.57

Capital Allocation

CapEx / Revenue1.02%
CapEx / Operating Cash Flow2.99%
R&D / Revenue36.96%
SG&A / Revenue24.05%

Fiscal Year 2025 Ratios

Audited annual results as of 2025-12-31

Margins

Gross Profit Margin92.76%
Operating Margin26.12%
Net Profit Margin25.03%

Solvency

Debt / Equity0.01
Quick Ratio3.25
Cash Ratio2.04

Per Share

Revenue / Share$26.34
FCF / Share$6.94
PE Ratio14.99