Gilead Sciences, Inc. (GILD)

Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally. The company provides Biktarvy, Descovy, Genvoya, Odefsey, Sunlenca, Symtuza, and YeztugoFor the treatment of HIV-1 infection in patients. It also provides Epclusa, Livdelzi, and Vemlidy to treat chronic hepatitis C virus, primary biliary cholangitis, and chronic hepatitis B virus; Tecartus, a T-cell therapy for the treatment of adult patients; Trodelvy, an injection for intravenous use; and Yescarta, a suspension for intravenous infusion, is a CAR T-cell therapy for the treatment of adult patients. Further, it provides AmBisome, for the treatment of serious invasive fungal infections; and Veklury for the treatment of COVID-19. Additionally, the company engages in the development of various immunotherapies for patients with cancer and other incurable diseases. The company has collaboration agreements with Shenzhen Pregene Biopharma Co., Ltd.; Abingworth; Arcus Biosciences, Inc.; Merck Sharp & Dohme Corp.; Janssen Sciences Ireland Unlimited Company; Japan Tobacco, Inc.; Everest Medicines; Merck & Co, Inc.; Tentarix Biotherapeutics Inc.; and Assembly Biosciences, Inc. It also has research collaboration, option, and license agreement with Merus N.V. for the discovery of novel dual tumor-associated antigens (TAA) targeting trispecific antibodies. The company has a collaboration with Terray Therapeutics, Inc. to discover and develop small molecule therapies; and LEO Pharma to develop, manufacture, and commercialize the small molecule oral STAT6 program. The company has a partnership with Pan American Health Organization (PAHO) to accelerate access to lenacapavir for HIV prevention as pre-exposure prophylaxis (PrEP) across all PAHO member states in Latin America and the Caribbean. The company was incorporated in 1987 and is headquartered in Foster City, California.

Symbol
GILD
Exchange
Nasdaq
Sector
Healthcare
Industry
Drug Manufacturers - General
Market cap
$183.87B
52 week range
108.46 - 157.29

Valuation

Share price
$147.50 (close of 2026-10-01)
P/E (TTM)
-56.77x
Price to book
15.66x
Price to free cash flow
14.21x
Enterprise value
$206.93B
Book value per share
$9.46

Price performance

PeriodChange
1 day-1.04%
5 days-1.46%
1 month-1.61%
3 months+17.09%
6 months+5.13%
Year to date+20.17%
1 year+32.70%
3 years+96.83%
5 years+115.13%
10 years+86.42%
All time+23312.69%

Members of Congress who disclosed GILD trades

Tommy Tuberville · Josh Gottheimer · Marjorie Taylor Greene · Jared Moskowitz · Jefferson Shreve · Val Hoyle · Alan Armstrong · Carol Miller · John Boozman

Super investors holding GILD

Dodge & Cox (Dodge & Cox Funds)

Profitability and growth

Return on equity
37.62%
Return on invested capital
21.85%
Return on assets
14.42%
Return on capital employed
21.23%
Gross margin
78.83%
Net margin
28.90%
EBITDA margin
35.30%
Revenue growth
2.40%
Net income growth
1672.92%
Free cash flow growth
-8.24%

Cash flow and balance sheet

Free cash flow yield (TTM)
7.04%
Current ratio
1.27x
Net debt to EBITDA
12.79x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$29.44B
Cost of revenue
$6.23B
Gross profit
$23.21B
EBITDA
$10.39B
Net income
$8.51B
Earnings per share
$6.84
Shares outstanding
1.24B

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$29.44B$23.21B$8.51B$6.84
2024-12-31$28.75B$22.50B$480.00M$0.38
2023-12-31$27.12B$20.62B$5.67B$4.54
2022-12-31$27.28B$21.62B$4.59B$3.66
2021-12-31$27.30B$20.70B$6.22B$4.96
2020-12-31$24.69B$20.12B$123.00M$0.10
2019-12-31$22.45B$17.77B$5.39B$4.24
2018-12-31$22.13B$17.27B$5.46B$4.20
2017-12-31$26.11B$21.74B$4.63B$3.54
2016-12-31$30.39B$26.13B$13.50B$10.08

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3178.83%28.90%37.62%21.85%
2024-12-3178.26%1.67%2.49%4.03%
2023-12-3176.04%20.89%24.90%15.26%
2022-12-3179.26%16.83%21.65%14.82%
2021-12-3175.82%22.80%29.55%18.23%
2020-12-3181.48%0.50%0.68%5.62%
2019-12-3179.18%23.99%23.78%11.80%
2018-12-3178.07%24.65%25.33%18.66%
2017-12-3183.26%17.73%22.57%15.20%
2016-12-3185.98%44.43%69.73%37.42%

Cash and debt by year

Period endCashDebt
2025-12-31$7.56B$22.13B
2024-12-31$9.99B$24.90B
2023-12-31$6.08B$23.19B
2022-12-31$5.41B$22.96B
2021-12-31$5.34B$25.18B
2020-12-31$6.00B$28.64B
2019-12-31$11.63B$22.09B
2018-12-31$17.94B$24.57B
2017-12-31$7.59B$30.80B
2016-12-31$8.23B$26.35B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$9.46B$894.00M
2024-12-31$10.30B$835.00M
2023-12-31$7.42B$766.00M
2022-12-31$8.34B$637.00M
2021-12-31$10.80B$635.00M
2020-12-31$7.52B$643.00M
2019-12-31$8.32B$636.00M
2018-12-31$7.48B$845.00M
2017-12-31$11.31B$638.00M
2016-12-31$16.30B$380.00M

Dividend history

Most recent payment
2026-09-15
Paid in the last twelve months
$3.25
Payment dateDividend per share
2026-09-15$0.82
2026-06-15$0.82
2026-03-13$0.82
2025-12-15$0.79
2025-09-15$0.79
2025-06-13$0.79
2025-03-14$0.79
2024-12-13$0.77

Investor relations

Next earnings report

Next confirmed report
2026-10-29
Consensus EPS estimate
$2.15

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-04Jun/2026-
2026-05-07--
2026-02-10--
2025-10-30--
2025-08-07--
2025-04-24--
2025-02-11--
2024-11-06--

Filings and sources

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

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