GILEAD SCIENCES, INC.
GILD· Nasdaq· Biological Products, (No Diagnostic Substances)
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 32.1%
- ROIC, 5 yr avg
- 14.5%
- Revenue, 5 yr CAGR
- +3.6%
We record prices for the companies we cover; GILD is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 1.25B
- Revenue
- $29.4B
- Free cash flow
- $9.5B
- Owner earnings
- $8.6B
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 34.0%
- Net
- 28.9%
- Free cash flow
- 32.1%
- Owner earnings
- 29.1%
- Stock pay
- 3.0%
Returns
- ROIC, FY2025
- 21.8%
- ROIC, 5 yr avg
- 14.5%
- ROE, FY2025
- 37.5%
- ROE, 5 yr avg
- 23.2%
Growth (CAGR)
- Revenue, 3 yr
- 2.6%
- Revenue, 5 yr
- 3.6%
- Revenue, 9 yr
- -0.4%
- Diluted EPS, 3 yr
- 23.0%
- Diluted EPS, 5 yr
- 132.4%
- Diluted EPS, 9 yr
- -4.2%
- Free cash flow, 3 yr
- 4.3%
- Free cash flow, 5 yr
- 4.7%
- Free cash flow, 9 yr
- -5.9%
Financial health · FY2025
- Cash and investments
- $7.6B
- Total debt
- $24.9B
- Net debt
- $17.3B
- Debt/Equity
- 1.1x
- Debt/FCF
- 2.6x
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- 47.0%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- -0.1%
Financials: ten years from the 10-Ks
Revenue
$29.4B
-0.4% a year over 9 years
FY2016FY2025
Margins
Operating34.0%Net28.9%
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow$9.5BOwner earnings$8.6B
Free cash flow -5.9% a year
FY2016FY2025
Diluted shares
1.25B
-7.6% over 9 years, net buybacks
FY2016FY2025
Return on invested capital
21.8%
FY2025
FY2016FY2025
Net debt (below zero)
-$17.3B
$17.3B more debt than cash
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $30.4B | $26.1B | $22.1B | $22.4B | $24.7B | $27.3B | $27.3B | $27.1B | $28.8B | $29.4B |
| Revenue growth | -6.9% | -14.1% | -15.2% | 1.5% | 10.0% | 10.6% | -0.1% | -0.6% | 6.0% | 2.4% |
| Gross margin | – | – | – | – | – | – | – | – | – | – |
| Operating margin | 58.0% | 54.1% | 37.1% | 19.1% | 16.5% | 36.3% | 26.9% | 28.0% | 5.8% | 34.0% |
| Net income | $13.5B | $4.6B | $5.5B | $5.4B | $123.0M | $6.2B | $4.6B | $5.7B | $480.0M | $8.5B |
| Net margin | 44.4% | 17.7% | 24.7% | 24.0% | 0.5% | 22.8% | 16.8% | 20.9% | 1.7% | 28.9% |
| Diluted EPS | $9.94 | $3.51 | $4.17 | $4.22 | $0.10 | $4.93 | $3.64 | $4.50 | $0.38 | $6.78 |
| Return on invested capital? | 41.7% | 17.0% | 30.8% | – | 0.5% | 18.0% | 14.4% | 15.3% | 3.2% | 21.8% |
| Cash | ||||||||||
| Operating cash flow | $17.0B | $11.9B | $8.4B | $9.1B | $8.2B | $11.4B | $9.1B | $8.0B | $10.8B | $10.0B |
| Capital expenditure | $748.0M | $590.0M | $924.0M | $825.0M | $650.0M | $579.0M | $728.0M | $585.0M | $523.0M | $563.0M |
| Free cash flow | $16.3B | $11.3B | $7.5B | $8.3B | $7.5B | $10.8B | $8.3B | $7.4B | $10.3B | $9.5B |
| Stock-based compensation | $380.0M | $638.0M | $845.0M | $636.0M | $643.0M | $635.0M | $637.0M | $766.0M | $835.0M | $894.0M |
| Owner earnings? | $15.9B | $10.7B | $6.6B | $7.7B | $6.9B | $10.2B | $7.7B | $6.7B | $9.5B | $8.6B |
| Free cash flow per share | $12.00 | $8.57 | $5.72 | $6.51 | $5.95 | $8.56 | $6.61 | $5.90 | $8.21 | $7.53 |
| Capital allocation | ||||||||||
| Dividends paid | $2.5B | $2.7B | $3.0B | $3.2B | $3.4B | $3.6B | $3.7B | $3.8B | $3.9B | $4.0B |
| Share repurchases | $11.0B | $954.0M | $2.9B | $1.7B | $1.6B | $546.0M | $1.4B | $1.0B | $1.1B | $1.9B |
| Diluted shares | 1.36B | 1.32B | 1.31B | 1.28B | 1.26B | 1.26B | 1.26B | 1.26B | 1.25B | 1.25B |
| Share count change? | -10.7% | -2.9% | -0.8% | -2.4% | -1.1% | -0.1% | 0.0% | -0.3% | -0.2% | 0.0% |
| Balance sheet | ||||||||||
| Cash and equivalents | $8.2B | $7.6B | $17.9B | $11.6B | $6.0B | $5.3B | $5.4B | $6.1B | $10.0B | $7.6B |
| Short-term investments | $3.7B | $17.9B | $12.1B | $12.7B | $1.4B | $1.2B | $973.0M | $1.2B | $0 | $68.0M |
| Total debt | $26.3B | $33.5B | $27.3B | $24.6B | $31.4B | $26.7B | $25.2B | $25.0B | $26.7B | $24.9B |
| Net debt | $14.5B | $8.0B | -$2.8B | $241.0M | $24.0B | $20.2B | $18.8B | $17.7B | $16.7B | $17.3B |
| Shareholders' equity | $18.9B | $20.4B | $21.4B | $22.5B | $18.2B | $21.1B | $21.2B | $22.8B | $19.3B | $22.7B |
Latest filings
| 2026-10-30 | 10-Q | Quarterly report |
| 2026-10-29 | 8-K | Earnings release |
| 2026-08-06 | 10-Q | Quarterly report |
| 2026-08-04 | 8-K | Earnings release |
| 2026-05-07 | 10-Q | Quarterly report |
| 2026-05-07 | 8-K | Earnings release |
| 2026-03-20 | DEF 14A | Proxy statement |
| 2026-02-24 | 10-K | Annual report |
| 2026-02-10 | 8-K | Earnings release |
| 2025-11-07 | 10-Q | Quarterly report |
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