VERTEX PHARMACEUTICALS INC / MA
VRTX· Nasdaq· Pharmaceutical Preparations
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 26.6%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +14.1%
We record prices for the companies we cover; VRTX is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 258.0M
- Revenue
- $12.0B
- Free cash flow
- $3.2B
- Owner earnings
- $2.5B
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 34.8%
- Net
- 32.9%
- Free cash flow
- 26.6%
- Owner earnings
- 20.9%
- Stock pay
- 5.7%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 21.2%
- ROE, 5 yr avg
- 17.1%
Growth (CAGR)
- Revenue, 3 yr
- 10.4%
- Revenue, 5 yr
- 14.1%
- Revenue, 9 yr
- 24.2%
- Diluted EPS, 3 yr
- 6.1%
- Diluted EPS, 5 yr
- 8.3%
- Diluted EPS, 9 yr
- –
- Free cash flow, 3 yr
- -6.6%
- Free cash flow, 5 yr
- 1.3%
- Free cash flow, 9 yr
- 37.7%
Financial health · FY2025
- Cash and investments
- $6.6B
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- -0.4%
Financials: ten years from the 10-Ks
Revenue
$12.0B
+24.2% a year over 9 years
FY2016FY2025
Margins
Operating34.8%Net32.9%
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow$3.2BOwner earnings$2.5B
Free cash flow +37.7% a year
FY2016FY2025
Diluted shares
258.0M
+5.4% over 9 years, net dilution
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $1.7B | $2.5B | $3.0B | $4.2B | $6.2B | $7.6B | $8.9B | $9.9B | $11.0B | $12.0B |
| Revenue growth | 64.9% | 46.2% | 22.5% | 36.6% | 49.1% | 22.1% | 17.9% | 10.5% | 11.7% | 8.9% |
| Gross margin | – | – | – | – | – | – | – | – | – | – |
| Operating margin | 0.6% | 5.0% | 20.8% | 28.8% | 46.0% | 36.7% | 48.2% | 38.8% | -2.1% | 34.8% |
| Net income | -$112.1M | $263.5M | $2.1B | $1.2B | $2.7B | $2.3B | $3.3B | $3.6B | -$535.6M | $4.0B |
| Net margin | -6.6% | 10.6% | 68.8% | 28.3% | 43.7% | 30.9% | 37.2% | 36.7% | -4.9% | 32.9% |
| Diluted EPS | $-0.46 | $1.04 | $8.09 | $4.51 | $10.29 | $9.01 | $12.82 | $13.89 | $-2.08 | $15.32 |
| Return on invested capital? | – | – | – | – | – | – | – | – | – | – |
| Cash | ||||||||||
| Operating cash flow | $236.1M | $844.9M | $1.3B | $1.6B | $3.3B | $2.6B | $4.1B | $3.5B | -$492.6M | $3.6B |
| Capital expenditure | $56.6M | $99.4M | $95.4M | $75.4M | $259.8M | $235.0M | $204.7M | $200.4M | $297.7M | $437.6M |
| Free cash flow | $179.5M | $745.5M | $1.2B | $1.5B | $3.0B | $2.4B | $3.9B | $3.3B | -$790.3M | $3.2B |
| Stock-based compensation | $240.6M | $293.2M | $325.0M | $360.5M | $429.5M | $441.4M | $491.3M | $581.2M | $698.5M | $685.9M |
| Owner earnings? | -$61.1M | $452.3M | $849.8M | $1.1B | $2.6B | $2.0B | $3.4B | $2.8B | -$1.5B | $2.5B |
| Free cash flow per share | $0.73 | $2.94 | $4.53 | $5.73 | $11.37 | $9.27 | $15.15 | $12.81 | $-3.06 | $12.38 |
| Capital allocation | ||||||||||
| Dividends paid | – | – | – | – | – | – | – | – | – | – |
| Share repurchases | $0 | $0 | $350.0M | $186.0M | $539.1M | $1.4B | $0 | $427.6M | $1.2B | $2.0B |
| Diluted shares | 244.7M | 253.2M | 259.2M | 260.7M | 263.4M | 259.9M | 259.1M | 260.5M | 257.9M | 258.0M |
| Share count change? | 1.4% | 3.5% | 2.4% | 0.6% | 1.0% | -1.3% | -0.3% | 0.5% | -1.0% | 0.0% |
| Balance sheet | ||||||||||
| Cash and equivalents | $1.2B | $1.7B | $2.7B | $3.1B | $6.0B | $6.8B | $10.5B | $10.4B | $4.6B | $5.1B |
| Short-term investments | – | – | $518.1M | $699.0M | $670.7M | $729.9M | $274.5M | $849.2M | $1.5B | $1.5B |
| Total debt | – | – | – | – | – | – | – | – | – | – |
| Net debt | – | – | – | – | – | – | – | – | – | – |
| Shareholders' equity | $1.2B | $2.0B | $4.4B | $6.1B | $8.7B | $10.1B | $13.9B | $17.6B | $16.4B | $18.7B |
Latest filings
| 2026-08-04 | 10-Q | Quarterly report |
| 2026-08-03 | 8-K | Earnings release |
| 2026-05-05 | 10-Q | Quarterly report |
| 2026-05-04 | 8-K | Earnings release |
| 2026-04-02 | DEF 14A | Proxy statement |
| 2026-02-13 | 10-K | Annual report |
| 2026-02-12 | 8-K | Earnings release |
| 2025-11-04 | 10-Q | Quarterly report |
| 2025-11-03 | 8-K | Earnings release |
| 2025-08-05 | 10-Q | Quarterly report |
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