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Incyte Corp (INCY)
NASDAQ:INCY
US Market
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Incyte (INCY) Ratios

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Incyte Ratios

INCY's free cash flow for Q3 2025 was $0.93. For the 2025 fiscal year, INCY's free cash flow was decreased by $ and operating cash flow was $0.32. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
3.19 3.75 3.45 3.60 3.73
Quick Ratio
2.86 3.69 3.35 3.54 3.68
Cash Ratio
1.83 2.59 2.43 2.32 2.33
Solvency Ratio
0.75 0.43 0.28 0.87 -0.26
Operating Cash Flow Ratio
0.93 0.40 0.80 0.85 -0.19
Short-Term Operating Cash Flow Coverage
278.65 0.00 0.00 0.00 0.00
Net Current Asset Value
$ 2.60B$ 3.05B$ 2.73B$ 2.02B$ 1.47B
Leverage Ratios
Debt-to-Assets Ratio
<0.01 <0.01 <0.01 <0.01 <0.01
Debt-to-Equity Ratio
<0.01 <0.01 0.01 <0.01 0.01
Debt-to-Capital Ratio
<0.01 <0.01 0.01 <0.01 0.01
Long-Term Debt-to-Capital Ratio
<0.01 0.00 0.00 0.00 0.00
Financial Leverage Ratio
1.36 1.31 1.34 1.31 1.36
Debt Service Coverage Ratio
216.67 267.66 154.23 528.48 -111.18
Interest Coverage Ratio
1.37K 243.25 217.34 307.01 -110.53
Debt to Market Cap
<0.01 0.00 0.00 0.00 0.00
Interest Debt Per Share
0.19 0.18 0.21 0.16 0.17
Net Debt to EBITDA
-1.51 -3.45 -4.85 -3.21 8.29
Profitability Margins
Gross Profit Margin
92.95%93.10%93.90%94.94%95.08%
EBIT Margin
31.97%22.64%15.67%19.17%-8.63%
EBITDA Margin
33.39%24.88%17.66%21.10%-6.68%
Operating Profit Margin
30.76%16.79%17.07%19.62%-9.01%
Pretax Profit Margin
33.00%22.57%15.59%19.10%-8.71%
Net Profit Margin
24.69%16.17%10.04%31.76%-11.09%
Continuous Operations Profit Margin
24.69%16.17%10.04%31.76%-11.09%
Net Income Per EBT
74.84%71.64%64.38%166.29%127.34%
EBT Per EBIT
107.28%134.44%91.32%97.38%96.64%
Return on Assets (ROA)
18.78%8.81%5.83%19.23%-8.30%
Return on Equity (ROE)
29.83%11.51%7.80%25.16%-11.32%
Return on Capital Employed (ROCE)
29.66%11.20%12.53%14.47%-8.25%
Return on Invested Capital (ROIC)
24.24%8.01%8.05%23.98%-10.45%
Return on Tangible Assets
19.63%9.19%6.13%20.50%-9.15%
Earnings Yield
6.74%4.26%1.91%5.86%-1.56%
Efficiency Ratios
Receivables Turnover
5.37 4.97 5.26 4.85 5.53
Payables Turnover
0.23 2.33 0.75 0.88 1.33
Inventory Turnover
0.75 4.05 1.71 2.65 3.65
Fixed Asset Turnover
5.82 4.76 4.43 3.97 4.53
Asset Turnover
0.76 0.54 0.58 0.61 0.75
Working Capital Turnover Ratio
1.82 1.16 1.28 1.47 1.40
Cash Conversion Cycle
-1.02K 6.69 -206.77 -203.08 -108.55
Days of Sales Outstanding
67.94 73.44 69.34 75.33 65.97
Days of Inventory Outstanding
483.82 90.14 213.29 137.64 99.98
Days of Payables Outstanding
1.57K 156.88 489.40 416.05 274.50
Operating Cycle
551.76 163.57 282.63 212.97 165.95
Cash Flow Ratios
Operating Cash Flow Per Share
6.40 2.22 4.37 3.40 -0.57
Free Cash Flow Per Share
6.12 2.01 4.02 2.58 -1.43
CapEx Per Share
0.28 0.21 0.35 0.82 0.86
Free Cash Flow to Operating Cash Flow
0.96 0.90 0.92 0.76 2.50
Dividend Paid and CapEx Coverage Ratio
23.01 10.46 12.46 4.14 -0.66
Capital Expenditure Coverage Ratio
23.01 10.46 12.46 4.14 -0.66
Operating Cash Flow Coverage Ratio
35.38 12.97 21.73 21.87 -3.57
Operating Cash Flow to Sales Ratio
0.26 0.13 0.29 0.25 -0.05
Free Cash Flow Yield
6.80%3.20%5.00%3.51%-1.64%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
14.85 23.50 52.34 17.06 -64.15
Price-to-Sales (P/S) Ratio
3.66 3.80 5.25 5.42 7.11
Price-to-Book (P/B) Ratio
3.79 2.71 4.08 4.29 7.26
Price-to-Free Cash Flow (P/FCF) Ratio
14.71 31.27 19.99 28.46 -60.80
Price-to-Operating Cash Flow Ratio
14.10 28.28 18.38 21.59 -152.23
Price-to-Earnings Growth (PEG) Ratio
0.41 0.32 -0.81 -0.04 0.39
Price-to-Fair Value
3.79 2.71 4.08 4.29 7.26
Enterprise Value Multiple
9.45 11.82 24.89 22.46 -98.13
Enterprise Value
15.19B 10.87B 14.92B 14.16B 17.49B
EV to EBITDA
9.45 11.82 24.89 22.46 -98.13
EV to Sales
3.16 2.94 4.40 4.74 6.56
EV to Free Cash Flow
12.69 24.20 16.73 24.90 -56.06
EV to Operating Cash Flow
12.14 21.89 15.39 18.89 -140.37
Tangible Book Value Per Share
22.37 21.96 18.40 15.71 10.47
Shareholders’ Equity Per Share
23.77 23.21 19.68 17.10 11.97
Tax and Other Ratios
Effective Tax Rate
0.25 0.28 0.36 -0.66 -0.27
Revenue Per Share
24.60 16.53 15.29 13.55 12.23
Net Income Per Share
6.07 2.67 1.53 4.30 -1.36
Tax Burden
0.75 0.72 0.64 1.66 1.27
Interest Burden
1.03 1.00 0.99 1.00 1.01
Research & Development to Revenue
0.40 0.44 0.47 0.49 0.83
SG&A to Revenue
0.20 0.31 0.30 0.25 0.19
Stock-Based Compensation to Revenue
0.05 0.06 0.06 0.06 0.07
Income Quality
1.05 0.83 2.85 0.79 0.42
Currency in USD
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