VERTEX PHARMACEUTICALS INC / MA financials
Source: EDGAR filings · Built 2026-06-02T04:20:49Z
Custom taxonomy namespace:
ffd
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 3.19B | -823.90M | 3.29B | 3.84B | 2.36B | 2.95B |
| EBITDA | 4.38B | -25.70M | 4.01B | 4.46B | 2.91B | 2.97B |
| Working Capital | 7.34B | 6.03B | 10.60B | 10.49B | 7.42B | 6.26B |
| Net Debt | -3.05B | -2.82B | -9.56B | -9.60B | -5.83B | -5.05B |
| Gross Margin | 86.24% | 86.11% | 87.21% | 87.90% | 88.06% | 88.14% |
| Operating Margin | 34.77% | -2.11% | 38.83% | 48.23% | 36.73% | 46.03% |
| Net Margin | 32.94% | -4.86% | 36.68% | 37.20% | 30.92% | 43.70% |
| Return on Equity (ROE) | 21.18% | -3.26% | 20.59% | 23.88% | 23.19% | 31.22% |
| Return on Assets (ROA) | 15.42% | -2.38% | 15.92% | 18.30% | 17.44% | 23.07% |
| Current Ratio | 2.90× | 2.69× | 3.99× | 4.83× | 4.46× | 4.33× |
| Debt-to-Equity | 0.11× | 0.11× | 0.05× | 0.06× | 0.10× | 0.11× |
| Effective Tax Rate | 14.86% | 315.53% | 17.36% | 21.51% | 14.22% | 13.00% |
| Cash Conversion Ratio | 0.92× | 0.92× | 0.98× | 1.24× | 1.13× | 1.20× |
| Accruals Ratio | 0.01× | -0.00× | 0.00× | -0.04× | -0.02× | -0.05× |
| SBC % of Revenue | 5.72% | 6.34% | 5.89% | 5.50% | 5.83% | 6.92% |
| CapEx Coverage | 8.20× | -1.49× | 14.42× | 14.23× | 9.37× | 10.77× |
| Free Cash Flow Per Share | $12.36 | $-3.19 | $12.64 | $14.82 | $9.09 | $11.21 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 29.59× | — | 29.29× | 22.53× | 24.37× | 22.97× |
| P/FCF | 36.69× | — | 32.20× | 19.49× | 24.17× | 21.09× |
| FCF Yield | 2.73% | — | 3.11% | 5.13% | 4.14% | 4.74% |
| EV / EBITDA | 25.58× | — | 23.74× | 14.50× | 17.21× | 19.01× |
| P/S | 9.59× | 9.39× | 10.62× | 8.31× | 7.38× | 9.90× |
| P/B | 6.17× | 6.31× | 5.96× | 5.33× | 5.53× | 7.07× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 12.00B | 11.02B | 9.87B | 8.93B | 7.57B | 6.21B |
| Cost of Goods and Services Sold | 1.65B | 1.53B | 1.26B | 1.08B | 904.20M | 736.30M |
| Research and Development Expense | — | — | — | — | 3.05B | 1.83B |
| Selling, General and Administrative Expense | 1.75B | 1.46B | 1.14B | 944.70M | 840.10M | 770.50M |
| Operating Income (Loss) | 4.17B | -232.90M | 3.83B | 4.31B | 2.78B | 2.86B |
| Income Tax Expense (Benefit) | 690.00M | 784.10M | 760.20M | 910.40M | 388.30M | 405.20M |
| Net Income (Loss) Attributable to Parent | 3.95B | -535.60M | 3.62B | 3.32B | 2.34B | 2.71B |
| Earnings Per Share, Basic | $15.46 | $-2.08 | $14.05 | $12.97 | $9.09 | $10.44 |
| Weighted Average Number of Shares Outstanding, Basic | 255.70M | 257.90M | 257.70M | 256.10M | 257.70M | 259.80M |
| Earnings Per Share, Diluted | $15.32 | $-2.08 | $13.89 | $12.82 | $9.01 | $10.29 |
| Weighted Average Number of Shares Outstanding, Diluted | 258.00M | 257.90M | 260.50M | 259.10M | 259.90M | 263.40M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 5.08B | 4.57B | 10.37B | 10.50B | 6.79B | 5.99B |
| Assets, Current | 11.20B | 9.60B | 14.14B | 13.23B | 9.56B | 8.13B |
| Assets | 25.64B | 22.53B | 22.73B | 18.15B | 13.43B | 11.75B |
| Liabilities, Current | 3.86B | 3.56B | 3.55B | 2.74B | 2.14B | 1.88B |
| Liabilities | 6.98B | 6.12B | 5.15B | 4.24B | 3.33B | 3.06B |
| Stockholders' Equity Attributable to Parent | 18.67B | 16.41B | 17.58B | 13.91B | 10.10B | 8.69B |
| Common Stock, Shares, Outstanding | 253.99M | 256.94M | 257.70M | 257.01M | 254.48M | 259.89M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 3.63B | -492.60M | 3.54B | 4.13B | 2.64B | 3.25B |
| Payments to Acquire Property, Plant, and Equipment | 437.60M | 297.70M | 200.40M | 204.70M | 235.00M | 259.80M |
| Net Cash Provided by (Used in) Investing Activities | -945.40M | -3.77B | -3.14B | -321.10M | -340.90M | 99.40M |
| Payments for Repurchase of Common Stock | 2.02B | 1.18B | 427.60M | 0 | 1.43B | 539.10M |
| Net Cash Provided by (Used in) Financing Activities | -2.26B | -1.49B | -562.20M | -67.70M | -1.48B | -505.30M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 1.29B | 347.20M | 2.84B | 1.70B | 776.90M | 490.70M |
| EBITDA | 1.19B | 1.26B | 1.24B | 1.20B | 678.50M | 1.07B |
| Working Capital | 7.85B | 7.34B | 6.09B | 6.29B | 6.23B | 6.03B |
| Net Debt | -3.51B | -3.05B | -3.10B | -3.44B | -3.03B | -2.82B |
| Gross Margin | 86.85% | 85.39% | 86.52% | 86.25% | 86.90% | 85.46% |
| Operating Margin | 38.10% | 37.80% | 38.56% | 38.83% | 22.75% | 35.23% |
| Net Margin | 34.53% | 37.34% | 35.20% | 34.84% | 23.33% | 31.35% |
| Return on Equity (ROE) | 5.33% | 6.38% | 6.25% | 6.01% | 3.92% | 5.56% |
| Return on Assets (ROA) | 3.89% | 4.64% | 4.36% | 4.30% | 2.82% | 4.05% |
| Current Ratio | 3.02× | 2.90× | 2.36× | 2.52× | 2.65× | 2.69× |
| Debt-to-Equity | 0.10× | 0.11× | 0.11× | 0.09× | 0.10× | 0.11× |
| Effective Tax Rate | 17.68% | 10.51% | 16.62% | 19.49% | 11.51% | 19.67% |
| Cash Conversion Ratio | 1.38× | 0.42× | 2.89× | 1.83× | 1.27× | 0.64× |
| Accruals Ratio | -0.01× | 0.03× | -0.08× | -0.04× | -0.01× | 0.01× |
| SBC % of Revenue | 5.57% | 4.94% | 17.17% | 11.25% | 6.00% | 5.76% |
| CapEx Coverage | 10.71× | 3.30× | 10.72× | 10.01× | 19.50× | 6.23× |
| Free Cash Flow Per Share | $5.05 | $1.35 | $11.03 | $6.58 | $2.99 | $1.90 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 26.50× | 29.59× | 27.56× | 31.75× | — | — |
| EV / EBITDA | 22.45× | 25.58× | 22.97× | 26.84× | — | — |
| P/S | 9.29× | 9.59× | 8.48× | 9.99× | 11.22× | 9.39× |
| P/B | 5.86× | 6.17× | 5.74× | 6.64× | 7.55× | 6.31× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 2.99B | 3.19B | 3.08B | 2.96B | 2.77B | 2.91B |
| Cost of Goods and Services Sold | 392.80M | 466.00M | 414.80M | 407.50M | 363.00M | 423.40M |
| Selling, General and Administrative Expense | 493.70M | 487.00M | 445.10M | 424.60M | 396.40M | 377.60M |
| Operating Income (Loss) | 1.14B | 1.21B | 1.19B | 1.15B | 630.10M | 1.03B |
| Income Tax Expense (Benefit) | 221.50M | 139.90M | 215.90M | 250.10M | 84.10M | 223.50M |
| Net Income (Loss) Attributable to Parent | 1.03B | 1.19B | 1.08B | 1.03B | 646.30M | 913.00M |
| Earnings Per Share, Basic | $4.06 | $4.69 | $4.24 | $4.02 | $2.52 | $3.53 |
| Weighted Average Number of Shares Outstanding, Basic | 254.10M | 255.70M | 255.60M | 256.70M | 256.90M | 257.90M |
| Earnings Per Share, Diluted | $4.02 | $4.64 | $4.20 | $3.99 | $2.49 | $3.53 |
| Weighted Average Number of Shares Outstanding, Diluted | 256.30M | 258.00M | 257.60M | 258.90M | 259.50M | 257.90M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 5.49B | 5.08B | 4.94B | 4.97B | 4.67B | 4.57B |
| Assets, Current | 11.73B | 11.20B | 10.57B | 10.43B | 10.01B | 9.60B |
| Assets | 26.48B | 25.64B | 24.86B | 24.04B | 22.88B | 22.53B |
| Liabilities, Current | 3.88B | 3.86B | 4.48B | 4.14B | 3.78B | 3.56B |
| Liabilities | 7.12B | 6.98B | 7.54B | 6.86B | 6.38B | 6.12B |
| Stockholders' Equity Attributable to Parent | 19.36B | 18.67B | 17.32B | 17.18B | 16.50B | 16.41B |
| Common Stock, Shares, Outstanding | 254.16M | 253.99M | 253.95M | 256.29M | 256.97M | 256.94M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.43B | 498.00M | 3.13B | 1.89B | 818.90M | 584.60M |
| Payments to Acquire Property, Plant, and Equipment | 133.40M | 149.40M | 288.20M | 186.40M | 40.70M | 92.60M |
| Net Cash Provided by (Used in) Investing Activities | -431.90M | -288.10M | -657.30M | -540.30M | -55.80M | -821.90M |
| Payments for Repurchase of Common Stock | 336.90M | 128.40M | 1.89B | 817.90M | 426.10M | 417.90M |
| Net Cash Provided by (Used in) Financing Activities | -538.80M | -77.20M | -2.18B | -1.03B | -680.40M | -391.30M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (VRTX CIK 0000875320),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.