US · USD
INCY
Incyte Corporation
- Day's range
- $112.83 – $115.67
- Day's volume
- $222.3M
- 52-week range
- $83.80 – $129.93
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See how INCY weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountINCY in numbers
- Market cap
- $22.8B
- P/E
- 15.92
- P/B
- 4.06
- Dividend yield (12m)
- 0.00%
INCY trades at 15.92 times its earnings of the last 12 months.
INCY price history
INCY risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +9.26% | +110.03% | +68.53% |
| Volatility (annualized) | 21.88% | 25.80% | 26.44% |
| Largest drawdown | -9.90% | -18.82% | -38.87% |
| Positive months | 7/12 | 24/36 | 39/60 |
How much did investing in INCY return?
$1,000.00 invested on 11/01/2021 would be worth $1,685.32 today.
- Value today in INCY
- $1,685.32
- Return over the period
- +68.53%
- Return per year
- +11.18%
- In the S&P 500
- $1,702.20
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
INCY fundamentals
Valuation
- P/E15.92
- P/B4.06
- EV/EBITDA13.37
- EV/EBIT14.16
- EV/Revenue4.25
- P/EBIT14.16
- P/S4.25
- P/OCF15.03
- P/FCF—
- Earnings yield7.06%
- PEG ratio—
- Earnings per share$7.17
- Book value per share$28.14
Debt
- Net debt—
- Net debt/EBITDA—
- Net debt/Equity—
- Debt/Equity—
- Current ratio3.68
- Quick ratio3.60
- Cash ratio2.32
Efficiency
- Gross margin92.47%
- EBITDA margin31.81%
- Operating margin30.05%
- Net margin26.71%
- Asset turnover0.73
Profitability
- ROE25.46%
- ROA19.51%
- ROIC23.12%
- Payout0.00%
Growth
- Revenue CAGR (5 years)14.68%
- Earnings CAGR (5 years)24.51%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is INCY's fair price?
Two classic value formulas, with today's numbers. The current price is $114.13.
- Graham's fair price
- $67.37
- 40.97% below the price
√(22.50 × $7.17 × $28.14)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- —
- Does not apply to INCY: it paid no distributions in the last five years.
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
INCY's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 15.28 | 410.02 | 23.59 | 52.56 | 17.13 | -64.67 | 42.36 | 124.31 |
| P/B | 3.80 | 3.88 | 2.72 | 4.10 | 4.31 | 7.32 | 7.28 | 7.07 |
| EV/EBITDA | 12.22 | 88.75 | 20.05 | 27.67 | 25.24 | — | 41.46 | 169.75 |
| Earnings per share | $6.47 | $0.17 | $2.66 | $1.53 | $4.29 | -$1.35 | $2.06 | $0.51 |
| Book value per share | $25.97 | $17.81 | $23.11 | $19.60 | $17.03 | $11.88 | $11.99 | $9.00 |
| ROE | 24.90% | 0.95% | 11.51% | 7.80% | 25.16% | -11.32% | 17.20% | 5.69% |
| ROIC | 22.66% | 0.18% | 8.57% | 8.54% | 15.54% | -10.10% | 14.20% | 0.63% |
| Gross margin | 92.76% | 92.64% | 93.10% | 93.90% | 94.94% | 95.08% | 94.71% | 95.00% |
| EBITDA margin | 31.28% | 3.55% | 19.03% | 19.07% | 21.55% | -7.94% | 21.15% | 9.79% |
| Net margin | 25.03% | 0.77% | 16.17% | 10.04% | 31.77% | -11.09% | 20.70% | 5.82% |
| Net debt/EBITDA | — | — | — | — | — | — | — | 95.85 |
INCY's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $5.1B | $4.2B | $3.7B | $3.4B | $3B | $2.7B |
| Cost of revenue | -$372.1M | -$312.1M | -$255M | -$207M | -$151M | -$131.3M |
| Gross profit | $4.8B | $3.9B | $3.4B | $3.2B | $2.8B | $2.5B |
| EBITDA | $1.6B | $150.6M | $703.2M | $647.3M | $643.6M | -$211.9M |
| EBIT | $1.5B | $61.4M | $620.5M | $579.4M | $585.8M | -$263.7M |
| Financial result | — | — | — | — | — | — |
| Income before tax | $1.7B | $316.6M | $834.2M | $529.1M | $570.4M | -$232.2M |
| Income tax | -$377.8M | -$284M | -$236.6M | -$188.5M | $378.1M | -$63.5M |
| Net income | $1.3B | $32.6M | $597.6M | $340.7M | $948.6M | -$295.7M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does INCY pay dividends?
INCY has no distributions on record.
About Incyte
- Sector
- Services
Questions about INCY
How much is INCY today?
INCY is at $114.13 (-1.01% on the day), last traded on 10/05/2026.
What are the P/E and P/B of INCY?
INCY trades at a P/E of 15.92 and a P/B of 4.06.
How much did INCY return in 12 months?
INCY returned 9.26% in 12 months, with annualized volatility of 21.88% and a largest drawdown of -9.90%.