VERTEX PHARMACEUTICALS INC / MA
VERTEX PHARMACEUTICALS INC / MA
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 5,493 | 5,085 | 4,940 | 4,972 | 4,675 | 4,570 | 5,239 | 4,580 | 9,158 | 10,369 | 11,110 | 10,151 | |||||
Marketable Securities Current | 1,754 | 1,523 | 1,347 | 1,411 | 1,527 | 1,546 | 1,285 | 1,215 | 1,013 | 849 | 818 | 1,085 | |||||
Accounts Receivable Net Current | 1,996 | 2,053 | 1,946 | 1,894 | 1,805 | 1,609 | 1,751 | 1,656 | 1,793 | 1,563 | 1,539 | 1,556 | |||||
Inventory Net | 1,767 | 1,687 | 1,627 | 1,499 | 1,360 | 1,205 | 1,080 | 915 | 813 | 739 | 689 | 604 | |||||
Prepaid Expense And Other Assets Current | 721 | 853 | 709 | 652 | 643 | 666 | 449 | 575 | 511 | 624 | 540 | 477 | |||||
Assets Current | 11,730 | 11,201 | 10,570 | 10,428 | 10,009 | 9,596 | 9,804 | 8,942 | 13,289 | 14,144 | 14,696 | 13,873 | |||||
Property Plant And Equipment And Finance Lease Rig… | 1,608 | 1,520 | 1,425 | 1,335 | 1,296 | 1,228 | 1,118 | 1,201 | 1,173 | 1,159 | 1,124 | 1,122 | |||||
Goodwill | 1,088 | 1,088 | 1,088 | 1,088 | 1,088 | 1,088 | 1,088 | 1,088 | 1,088 | 1,088 | 1,088 | 1,088 | |||||
Intangible Assets Net Excluding Goodwill | 419 | 424 | 430 | 436 | 441 | 826 | 832 | 838 | 835 | 840 | 604 | 604 | |||||
Deferred Income Tax Assets Net | 2,948 | 2,898 | 2,937 | 2,712 | 2,544 | 2,331 | 2,309 | 2,186 | 1,963 | 1,812 | 1,729 | 1,538 | |||||
Operating Lease Right Of Use Asset | 1,685 | 1,563 | 1,592 | 1,314 | 1,339 | 1,357 | 1,396 | 570 | 313 | 294 | 311 | 324 | |||||
Marketable Securities Noncurrent | 5,750 | 5,712 | 5,723 | 5,646 | 5,157 | 5,108 | 4,704 | 4,393 | 4,381 | 2,498 | 1,700 | 1,357 | |||||
Other Assets Noncurrent | 1,256 | 1,237 | 1,098 | 1,079 | 1,007 | 999 | 990 | 916 | 876 | 895 | 475 | 443 | |||||
Assets | 26,484 | 25,643 | 24,862 | 24,037 | 22,881 | 22,533 | 22,240 | 20,132 | 23,917 | 22,730 | 21,726 | 20,349 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 489 | 462 | 420 | 442 | 445 | 413 | 396 | 328 | 351 | 365 | 376 | 363 | |||||
Accrued Liabilities Current | 2,984 | 2,971 | 3,614 | 3,271 | 2,952 | 2,789 | 3,220 | 2,940 | 2,796 | 2,655 | 2,907 | 2,598 | |||||
Other Liabilities Current | 407 | 428 | 442 | 425 | 386 | 363 | 358 | 279 | 649 | 527 | 316 | 391 | |||||
Liabilities Current | 3,881 | 3,861 | 4,475 | 4,138 | 3,783 | 3,565 | 3,973 | 3,547 | 3,796 | 3,547 | 3,599 | 3,352 | |||||
Operating Lease Liability Noncurrent | 1,987 | 1,847 | 1,835 | 1,527 | 1,538 | 1,544 | 1,589 | 587 | 360 | 349 | 354 | 364 | |||||
Finance Lease Liability Noncurrent | - | - | - | - | 111 | 113 | 114 | 347 | 362 | 376 | 390 | 404 | |||||
Other Liabilities Noncurrent | 1,255 | 1,270 | 1,233 | 1,196 | 952 | 1,015 | 933 | 877 | 854 | 878 | 869 | 759 | |||||
Liabilities | 7,123 | 6,977 | 7,544 | 6,861 | 6,384 | 6,124 | 6,609 | 5,357 | 5,371 | 5,150 | 5,213 | 4,879 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Commitments And Contingencies | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||
Additional Paid In Capital Common Stock | 4,743 | 5,119 | 5,012 | 5,988 | 6,173 | 6,672 | 6,906 | 7,101 | 7,285 | 7,450 | 7,340 | 7,369 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 25 | -16 | -65 | -101 | 68 | 128 | 29 | 23 | 17 | -14 | -3 | -40 | |||||
Retained Earnings Accumulated Deficit | 14,591 | 13,560 | 12,369 | 11,286 | 10,253 | 9,607 | 8,694 | 7,648 | 11,242 | 10,142 | 9,174 | 8,138 | |||||
Stockholders Equity | 19,362 | 18,666 | 17,319 | 17,175 | 16,496 | 16,410 | 15,631 | 14,775 | 18,547 | 17,580 | 16,513 | 15,470 | |||||
Liabilities And Stockholders Equity | 26,484 | 25,643 | 24,862 | 24,037 | 22,881 | 22,533 | 22,240 | 20,132 | 23,917 | 22,730 | 21,726 | 20,349 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | - | 0 | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | |||||
Common Stock Shares Issued | 254 | 254 | 254 | 256 | 257 | 257 | 258 | 258 | 258 | 258 | 258 | 258 | |||||
Shares Outstanding | 254 | 254 | 254 | 256 | 257 | 257 | 258 | 258 | 258 | 258 | 258 | 258 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.46% | 15.78% | 12.49% | - | - | - | - | - | - | - | - | - |
| 2025 | -1.77% | -1.94% | 4.36% | 4.28% | 2.87% | 12.38% | 2.83% | 9.78% | 11.08% | -7.08% | -10.74% | -13.74% |
| 2024 | 10.99% | 14.26% | 20.72% | -2.67% | -5.97% | -2.32% | -6.35% | -18.23% | -12.05% | 5.56% | 2.60% | 8.34% |
| 2023 | - | - | - | -2.33% | -2.47% | 0.97% | -7.16% | 7.57% | 13.73% | -2.98% | -4.60% | -5.91% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 3.02 | 2.90 | 2.36 | 2.52 | 2.65 | 2.69 | 2.47 | 2.52 | 3.50 | 3.99 | 4.08 | 4.14 | |||||
| Quick Ratio | 2.38 | 2.24 | 1.84 | 2.00 | 2.12 | 2.17 | 2.08 | 2.10 | 3.15 | 3.60 | 3.74 | 3.82 | |||||
| Working Capital | 7.85B | 7.34B | 6.09B | 6.29B | 6.23B | 6.03B | 5.83B | 5.39B | 9.49B | 10.60B | 11.10B | 10.52B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.37 | 0.37 | 0.44 | 0.40 | 0.39 | 0.37 | 0.42 | 0.36 | 0.29 | 0.29 | 0.32 | 0.32 | |||||
| Interest Coverage TTM | 454.50 | 313.78 | 311.98 | 230.79 | -32.00 | -7.61 | -5.43 | -6.55 | 76.93 | 69.05 | 85.96 | 82.79 | |||||
| Debt Ratio | 0.27 | 0.27 | 0.30 | 0.29 | 0.28 | 0.27 | 0.30 | 0.27 | 0.22 | 0.23 | 0.24 | 0.24 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.50 | 0.50 | 0.50 | 0.52 | 0.47 | 0.49 | 0.48 | 0.51 | 0.47 | 0.48 | 0.50 | 0.53 | |||||
| Days Sales Outstanding TTM | 56.78 | 55.69 | 57.55 | 56.73 | 59.16 | 52.54 | 56.49 | 56.71 | 59.87 | 55.58 | 55.27 | 55.47 | |||||
| Receivables Turnover TTM | 6.43 | 6.55 | 6.34 | 6.43 | 6.17 | 6.95 | 6.46 | 6.44 | 6.10 | 6.57 | 6.60 | 6.58 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 16.93 | 15.32 | 14.27 | 14.05 | -3.81 | -2.08 | -1.84 | -1.90 | 15.39 | 13.89 | 13.31 | 12.92 | |||||
| Free Cash Flow Per Share TTM | 14.60 | 12.49 | 13.06 | 13.63 | -4.87 | -3.06 | -4.29 | -4.57 | 14.40 | 12.95 | 16.30 | 15.05 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 86.24% | 86.24% | 86.28% | 86.11% | 86.03% | 86.11% | 86.12% | 86.45% | 86.86% | 87.21% | 87.80% | 87.92% | |||||
| Operating Profit Margin TTM | 38.31% | 34.77% | 34.06% | 34.36% | -6.69% | -2.11% | -2.54% | -3.37% | 41.16% | 38.83% | 40.16% | 41.72% | |||||
| Net Profit Margin TTM | 35.51% | 32.94% | 31.35% | 31.86% | -8.91% | -4.86% | -4.52% | -4.74% | 39.46% | 36.68% | 35.94% | 35.40% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 10.08% | 8.90% | 10.33% | 10.46% | 8.98% | 11.66% | 10.06% | 8.76% | 10.61% | 10.51% | 10.96% | 13.83% | |||||
| Net Income Growth (1Y) | -538.70% | -838.09% | -865.96% | -842.52% | -124.60% | -114.80% | -113.83% | -114.56% | 23.31% | 8.96% | 6.00% | 5.33% | |||||
| EPS Growth (1Y) | -543.53% | -844.44% | -873.16% | -846.57% | -124.73% | -114.79% | -113.83% | -114.54% | 22.92% | 8.28% | 5.39% | 4.60% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 26.15 | 29.32 | 27.24 | 31.42 | -125.95 | -193.91 | -250.08 | -246.94 | 26.85 | 28.97 | 25.86 | 26.95 | |||||
| P/B TTM | 5.86 | 6.21 | 5.78 | 6.65 | 7.55 | 6.33 | 7.68 | 8.19 | 5.82 | 5.96 | 5.43 | 5.86 | |||||
| P/S TTM | 9.29 | 9.66 | 8.54 | 10.01 | 11.22 | 9.42 | 11.29 | 11.70 | 10.60 | 10.62 | 9.29 | 9.54 | |||||
| Market Cap | 113.47B | 115.92B | 100.10B | 114.28B | 124.55B | 103.86B | 119.99B | 120.98B | 107.93B | 104.86B | 89.72B | 90.69B | |||||
| Enterprise Value | 107.96B | 110.84B | 95.16B | 109.30B | 119.98B | 99.40B | 114.86B | 116.73B | 99.12B | 94.86B | 78.99B | 80.94B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 3.71B | 3.19B | 3.34B | 3.50B | -1.25B | -790.30M | -1.11B | -1.18B | 3.72B | 3.34B | 4.21B | 3.88B | |||||
| Net Debt | -5.50B | -5.09B | -4.95B | -4.98B | -4.57B | -4.46B | -5.13B | -4.24B | -8.81B | -10.00B | -10.73B | -9.75B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
VERTEX PHARMACEUTICALS INC / MA (VRTX) — SEC Financial Statements & Analysis
VERTEX PHARMACEUTICALS INC / MA (VRTX) is a pharmaceutical preparations company, incorporated in MA. VERTEX PHARMACEUTICALS INC / MA trades on VRTX: Nasdaq as: VRTX. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), VERTEX PHARMACEUTICALS INC / MA reported a 10.08% year-over-year revenue growth, a Gross Profit Margin of 86.24% (TTM), a Debt-to-Equity ratio of 0.37x, a Price-to-Sales (P/S) ratio of 9.29x (TTM), a Price-to-Book (P/B) ratio of 5.86 (TTM), at a market cap of $113.47B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 10.08%
- Gross Profit Margin TTM
- 86.24%
- Debt To Equity
- 0.37x
- P/S TTM
- 9.29x
- P/B TTM
- 5.86
- Market Cap
- $113.47B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is VERTEX PHARMACEUTICALS INC / MA in?
VERTEX PHARMACEUTICALS INC / MA (VRTX) operates in the Pharmaceutical Preparations industry.
What is VRTX's market cap?
VERTEX PHARMACEUTICALS INC / MA (VRTX) has a market capitalization of $113.47B as of 2026-03-31.
What is VRTX's P/E ratio?
VERTEX PHARMACEUTICALS INC / MA (VRTX)'s trailing twelve month P/E ratio is 26.15x as of 2026-03-31.
What exchange does VRTX trade on?
VERTEX PHARMACEUTICALS INC / MA (VRTX) trades on the VRTX: Nasdaq.
Where is VERTEX PHARMACEUTICALS INC / MA incorporated?
VERTEX PHARMACEUTICALS INC / MA is incorporated in MA.