BioMarin Pharmaceutical Inc (BMRN)

BioMarin Pharmaceutical Inc., a biotechnology company, engages in the development and commercialization of therapies for life-threatening rare diseases and medical conditions in the United States, Europe, Latin America, the Middle East, the Asia Pacific, and internationally. The company's products include VIMIZIM, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder; VOXZOGO, a once daily injection analog of c-type natriuretic peptide (CNP) for the treatment of achondroplasia; NAGLAZYME, a recombinant form of N- acetylgalactosamine 4-sulfatase for patients with MPS VI; and PALYNZIQ, a PEGylated recombinant phenylalanine (Phe) ammonia lyase enzyme delivered through subcutaneous injection to reduce blood Phe concentrations. It also develops BRINEURA, a recombinant human tripeptidyl peptidase 1 for the treatment of patients with ceroid lipofuscinosis type 2, a form of Batten disease; ALDURAZYME, a purified protein designed to be identical to a naturally occurring form of the human enzyme alpha-L-iduronidase; and KUVAN, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria, an inherited metabolic disease. The company's products under development include BMN 333, a longer-acting CNP for the treatment of multiple growth disorders, such as achondroplasia and hypochondroplasia; and BMN 351, an oligonucleotide for the treatment of duchenne muscular dystrophy. It serves specialty pharmacies, hospitals, non-U.S. government agencies, distributors, and pharmaceutical wholesalers. The company has license and collaboration agreements with and Ares Trading S.A. The company was incorporated in 1996 and is based in San Rafael, California.

Symbol
BMRN
Exchange
Nasdaq
Sector
Healthcare
Industry
Biotechnology
Market cap
$12.04B
52 week range
49.26 - 70.98

Valuation

Share price
$62.21 (close of 2026-09-23)
P/E (TTM)
163.71x
Price to book
1.90x
Price to free cash flow
16.31x
Enterprise value
$15.37B
Book value per share
$32.66

Price performance

PeriodChange
1 day-2.89%
5 days-3.48%
1 month-6.73%
3 months+10.11%
6 months+13.56%
Year to date+4.68%
1 year+16.48%
3 years-28.09%
5 years-21.55%
10 years-36.13%
All time+378.53%

Profitability and growth

Return on equity
5.73%
Return on invested capital
5.13%
Return on assets
4.59%
Return on capital employed
5.99%
Gross margin
77.73%
Net margin
10.83%
EBITDA margin
15.18%
Revenue growth
12.87%
Net income growth
-18.26%
Free cash flow growth
48.73%

Cash flow and balance sheet

Free cash flow yield (TTM)
6.13%
Current ratio
2.39x
Net debt to EBITDA
8.63x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$3.22B
Cost of revenue
$717.44M
Gross profit
$2.50B
EBITDA
$489.04M
Net income
$348.90M
Earnings per share
$1.82
Research and development
$921.93M
Shares outstanding
191.79M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$3.22B$2.50B$348.90M$1.82
2024-12-31$2.85B$2.27B$426.86M$2.25
2023-12-31$2.42B$1.89B$167.65M$0.89
2022-12-31$2.10B$1.59B$141.56M$0.76
2021-12-31$1.85B$1.38B$-64.08M$-0.35
2020-12-31$1.86B$1.34B$854.03M$4.72
2019-12-31$1.70B$1.34B$-23.85M$-0.13
2018-12-31$1.49B$1.18B$-77.21M$-0.44
2017-12-31$1.31B$1.07B$-117.04M$-0.67
2016-12-31$1.12B$907.23M$-630.21M$-3.80

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3177.73%10.83%5.73%5.13%
2024-12-3179.67%14.96%7.54%6.94%
2023-12-3178.01%6.93%3.39%3.12%
2022-12-3176.00%6.75%3.08%3.08%
2021-12-3174.52%-3.47%-1.50%-1.91%
2020-12-3171.82%45.90%20.83%-0.62%
2019-12-3178.91%-1.40%-0.76%-1.83%
2018-12-3178.86%-5.18%-2.60%-2.50%
2017-12-3181.59%-8.91%-4.17%-1.04%
2016-12-3181.23%-56.43%-22.78%-30.49%

Cash and debt by year

Period endCash
2025-12-31$1.31B
2024-12-31$942.84M
2023-12-31$755.13M
2022-12-31$724.53M
2021-12-31$587.28M
2020-12-31$649.16M
2019-12-31$437.45M
2018-12-31$493.98M
2017-12-31$1.40B
2016-12-31$789.68M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$724.96M$181.41M
2024-12-31$487.42M$201.57M
2023-12-31$62.57M$207.10M
2022-12-31$54.94M$196.31M
2021-12-31$208.96M$197.26M
2020-12-31$-28.95M$189.71M
2019-12-31$-96.76M$159.87M
2018-12-31$-124.41M$148.82M
2017-12-31$-207.98M$140.26M
2016-12-31$-376.22M$134.64M

Investor relations

Next earnings report

Next confirmed report
2026-10-26
Consensus EPS estimate
$1.13

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026$0.79
2026-05-04--
2026-02-23--
2025-10-27--
2025-08-04--
2025-05-01--
2025-02-20--
2025-02-19--

Filings and sources

Company website
biomarin.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

Similar companies

Vertex Pharmaceuticals Inc (VRTX) · Regeneron Pharmaceuticals, Inc. (REGN) · Moderna, Inc. (MRNA) · Incyte Corp (INCY) · Bio-Techne Corp (TECH) · Thermo Fisher Scientific Inc. (TMO) · Danaher Corp (DHR) · IQVIA Holdings Inc. (IQV)

All Healthcare companies

Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades