Evenly matched
57 companies value 850 bn revenue 137 bn margin 9.6% free cash flow 32 bn avg. score 2.2
AMGN holds 27.0% of the group's value, 1.2x the runner-up
| Rank | Ticker | Company | Share | Value | Revenue | Margin | FCF | 5 years | FCF/px | Yield | What it does · why it is here |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | AMGN | Amgen United States · score 6.5 | 27% | 230 bn | 38 bn | 23.0% | 10 bn | 4.4% | 2.3% | Biopharma of biologics and biosimilars · World's largest independent biotech by revenue | |
| 2 | GILD | Gilead Sciences United States · score 4.7 | 22% | 190 bn | 30 bn | -10.6% | 13 bn | 6.8% | 2.1% | Biopharma in HIV, hepatitis and oncology · Global leader in HIV, with a very high-margin franchise | |
| 3 | VRTX | Vertex Pharmaceuticals United States · score 6.0 | 15% | 127 bn | 13 bn | 35.0% | 3.8 bn | 3.0% | — | Medicines for cystic fibrosis and genetic diseases · Global monopoly in cystic fibrosis; pipeline in pain and type 1 diabetes | |
| 4 | REGN | Regeneron Pharmaceuticals United States · score 7.0 | 10% | 81 bn | 16 bn | 27.9% | 3.8 bn | 4.7% | 0.5% | Antibody biotech: Eylea and Dupixent · Highly productive in-house research (Eylea, Dupixent) | |
| 5 | BIIB | Biogen United States · score 6.5 | 4% | 35 bn | 10 bn | 8.3% | 2.7 bn | 7.8% | — | Biopharma in neurology and rare diseases · Historic benchmark in neurology; the Alzheimer's pipeline is the thesis | |
| 6 | GMAB | GENMAB A/S Denmark · score 5.8 | 3% | 25 bn | 4.1 bn | 19.1% | 0.9 bn | 3.5% | — | Therapeutic antibodies, from Denmark · Denmark — revenue of $4.1bn | |
| 7 | UTHR | United Therapeutics United States · score 6.4 | 3% | 23 bn | 3.1 bn | 41.6% | 1.1 bn | 4.7% | — | Medicines for pulmonary hypertension and manufactured organs · Dominates pulmonary hypertension treatment; researching pig organs for transplant | |
| 8 | EXEL | Exelixis United States · score 7.1 | 2% | 16 bn | 2.4 bn | 35.3% | 1.2 bn | 7.5% | — | Oncology, with cabozantinib · Established franchise in kidney cancer (Cabometyx) | |
| 9 | HALO | HALOZYME THERAPEUTICS, INC. United States · score 6.5 | 2% | 14 bn | 1.7 bn | 24.9% | 0.8 bn | 5.8% | — | Biopharma of drug delivery technologies · California — revenue of $1.7bn | |
| 10 | BMRN | BIOMARIN PHARMACEUTICAL INC United States · score 4.8 | 1% | 11 bn | 3.4 bn | 2.1% | 0.7 bn | 7.0% | — | Global biotech for genetic rare diseases · California — revenue of $3.4bn | |
| 11 | KRYS | Krystal Biotech, Inc. United States · score 5.8 | 1% | 9.5 bn | 0.4 bn | 54.8% | 0.3 bn | 2.7% | — | Genetic medicines for skin and other rare diseases · Pennsylvania — revenue of $440m | |
| 12 | IBRX | ImmunityBio, Inc. United States · score 0.0 | 1% | 8.9 bn | 0.2 bn | -598.6% | -0.3 bn | -3.2% | — | NK cell and cytokine immunotherapy for cancer · California — revenue of $166m | |
| 13 | TGTX | TG THERAPEUTICS, INC. United States · score 3.5 | 1% | 8.2 bn | 0.8 bn | 55.2% | 0.0 bn | 0.2% | — | Commercial biotech with treatments for B-cell diseases · New York — revenue of $800m | |
| 14 | ARWR | ARROWHEAD PHARMACEUTICALS, INC. United States · score 0.0 | 1% | 8.1 bn | 0.7 bn | -47.8% | -0.1 bn | -0.9% | — | RNA gene silencing, with the TRiM platform · California — revenue of $669m | |
| 15 | IONS | IONIS PHARMACEUTICALS INC United States · score 0.0 | 1% | 7.4 bn | 0.9 bn | -64.7% | -0.6 bn | -7.6% | — | Antisense RNA drugs for serious diseases · California — revenue of $874m | |
| 16 | IOVA | IOVANCE BIOTHERAPEUTICS, INC. United States · score 0.0 | 1% | 6.4 bn | 0.3 bn | -89.1% | -0.3 bn | -4.6% | — | Commercial biopharma of cell therapy against cancer · California — revenue of $325m | |
| 17 | KNSA | Kiniksa Pharmaceuticals International, plc United Kingdom · score 5.7 | 1% | 6.2 bn | 0.8 bn | 9.6% | 0.2 bn | 2.9% | — | Biopharma of therapies focused on cardiovascular indications · United Kingdom — revenue of $841m | |
| 18 | ABCL | AbCellera Biologics Inc. Canada · score 0.1 | 0% | 3.7 bn | 0.1 bn | -248.8% | -0.1 bn | -3.3% | — | Antibody discovery with an artificial intelligence platform · Canada — revenue of $66m | |
| 19 | LEGN | Legend Biotech Corp United States · score 0.0 | 0% | 3.4 bn | 1.3 bn | -7.2% | -0.1 bn | -3.5% | — | CARVYKTI CAR-T cell therapy for multiple myeloma, in partnership with Johnson & Johnson · New Jersey — revenue of $1.3bn | |
| 20 | ADMA | ADMA BIOLOGICS, INC. United States · score 5.8 | 0% | 2.5 bn | 0.5 bn | 33.0% | 0.1 bn | 4.7% | — | Biopharma of biologics for immunodeficient patients · New Jersey — revenue of $512m | |
| 21 | BEAM | Beam Therapeutics Inc. United States · score 0.0 | 0% | 2.5 bn | 0.2 bn | -55.4% | -0.4 bn | -14.9% | — | Precision genetic medicine biotech through base editing · Massachusetts — revenue of $156m | |
| 22 | PGEN | PRECIGEN, INC. United States · score 0.0 | 0% | 2.4 bn | 0.1 bn | -184.0% | -0.1 bn | -4.8% | — | Commercial biopharma in precision medicine · Maryland — revenue of $86m | |
| 23 | VRDN | Viridian Therapeutics, Inc.\DE United States · score 0.0 | 0% | 2.4 bn | 0.1 bn | -544.1% | -0.3 bn | -14.2% | — | Biopharma for serious and rare diseases · Massachusetts — revenue of $71m | |
| 24 | VCEL | Vericel Corp United States · score 5.4 | 0% | 2.1 bn | 0.3 bn | 7.9% | 0.1 bn | 3.0% | — | Cell therapies for skin and knee cartilage · Massachusetts — revenue of $306m | |
| 25 | LKFT | Lakefront Biotherapeutics NV Belgium · score 1.7 | 0% | 2.0 bn | 1.3 bn | 28.9% | -0.3 bn | -15.5% | — | Bispecific T-cell engager antibodies (gamgertamig) for autoimmune diseases, in clinical development · Belgium — revenue of $1.2bn | |
| 26 | SRPT | Sarepta Therapeutics, Inc. United States · score 2.7 | 0% | 1.9 bn | 2.0 bn | -6.9% | 0.1 bn | 4.4% | — | Gene and RNA therapies for rare diseases · Massachusetts — revenue of $2bn | |
| 27 | RXRX | RECURSION PHARMACEUTICALS, INC. United States · score 0.0 | 0% | 1.9 bn | 0.1 bn | -945.9% | -0.3 bn | -18.2% | — | Clinical-stage TechBio decoding biology with AI · Utah — revenue of $55m | |
| 28 | VIR | Vir Biotechnology, Inc. United States · score 0.0 | 0% | 1.7 bn | 0.3 bn | -83.0% | -0.2 bn | -11.8% | — | Immunotherapies for serious infectious diseases and cancer · California — revenue of $303m | |
| 29 | XNCR | Xencor Inc United States · score 0.0 | 0% | 1.7 bn | 0.1 bn | -155.6% | -0.2 bn | -12.1% | — | Protein engineering and XmAb antibodies · California — revenue of $105m | |
| 30 | NTLA | Intellia Therapeutics, Inc. United States · score 0.0 | 0% | 1.6 bn | 0.1 bn | -672.2% | -0.3 bn | -21.5% | — | CRISPR gene editing biopharma · Massachusetts — revenue of $60m | |
| 31 | RARE | Ultragenyx Pharmaceutical Inc. United States · score 0.0 | 0% | 1.5 bn | 0.7 bn | -81.7% | -0.5 bn | -32.9% | — | Drugs for rare and ultra-rare genetic diseases · California — revenue of $717m | |
| 32 | IMCR | Immunocore Holdings plc United Kingdom · score 0.2 | 0% | 1.5 bn | 0.4 bn | -4.2% | -0.0 bn | -2.7% | — | T-cell receptor immunotherapies for cancer and infections · United Kingdom — revenue of $431m | |
| 33 | ANAB | ANAPTYSBIO, INC United States · score 4.4 | 0% | 1.5 bn | 0.2 bn | 82.4% | 0.0 bn | 1.2% | — | Clinical-stage biotech in immunology for autoimmune diseases · California — revenue of $238m | |
| 34 | MESO | MESOBLAST LTD Australia · score 0.0 | 0% | 1.5 bn | 0.1 bn | -47.8% | -0.0 bn | -2.9% | — | Donor-derived cell therapies for severe inflammatory conditions, such as Ryoncil for graft-versus-host disease · Australia — revenue of $120m | |
| 35 | NKTR | NEKTAR THERAPEUTICS United States · score 0.0 | 0% | 1.3 bn | 0.1 bn | -287.8% | -0.2 bn | -18.7% | — | Immunotherapy for autoimmune and inflammatory diseases · California — revenue of $55m | |
| 36 | MGTX | MeiraGTx Holdings plc United States · score 4.3 | 0% | 0.9 bn | 0.4 bn | 19.9% | 0.0 bn | 1.2% | — | Late-clinical-stage genetic medicine · New York — revenue of $398m | |
| 37 | GERN | GERON CORP United States · score 0.0 | 0% | 0.8 bn | 0.2 bn | -33.0% | -0.1 bn | -14.8% | — | Commercial biopharma in blood cancer · California — revenue of $205m | |
| 38 | DNA | Ginkgo Bioworks Holdings, Inc. United States · score 0.0 | 0% | 0.7 bn | 0.1 bn | -219.6% | -0.2 bn | -25.8% | — | Cell engineering and biosecurity · Massachusetts — revenue of $132m | |
| 39 | FDMT | 4D Molecular Therapeutics, Inc. United States · score 0.0 | 0% | 0.7 bn | 0.1 bn | -194.7% | -0.2 bn | -23.0% | — | Clinical-stage targeted genetic medicine · California — revenue of $92m | |
| 40 | PHAR | Pharming Group N.V. Netherlands · score 5.5 | 0% | 0.6 bn | 0.4 bn | 0.7% | 0.1 bn | 8.4% | — | Medicines for rare diseases, from the Netherlands · Netherlands — revenue of $376m | |
| 41 | ABUS | Arbutus Biopharma Corp United States · score 2.7 | 0% | 0.6 bn | 0.2 bn | 84.2% | -0.0 bn | -3.8% | — | Biopharma in infectious diseases, focused on hepatitis B · Pennsylvania — revenue of $182m | |
| 42 | WVE | Wave Life Sciences, Inc. United States · score 0.0 | 0% | 0.6 bn | 0.1 bn | -309.7% | -0.2 bn | -30.9% | — | Clinical-stage biotech in RNA medicines · Massachusetts — revenue of $65m | |
| 43 | RGNX | REGENXBIO Inc. United States · score 0.0 | 0% | 0.5 bn | 0.2 bn | -112.6% | -0.3 bn | -52.9% | — | Clinical-stage gene therapy biotech · Maryland — revenue of $174m | |
| 44 | AUTL | Autolus Therapeutics plc United Kingdom · score 0.0 | 0% | 0.4 bn | 0.1 bn | -238.7% | -0.2 bn | -55.0% | — | Biopharma of T-cell therapies for cancer and autoimmune diseases · United Kingdom — revenue of $117m | |
| 45 | PRTA | PROTHENA CORP PUBLIC LTD CO Ireland · score 0.0 | 0% | 0.4 bn | 0.1 bn | -80.7% | -0.1 bn | -13.8% | — | Late-stage biotech in neurodegenerative and amyloid diseases · Ireland — revenue of $55m | |
| 46 | AGEN | AGENUS INC United States · score 0.0 | 0% | 0.3 bn | 0.1 bn | -2.3% | -0.1 bn | -35.4% | — | Immunotherapies for cancer and infectious diseases · Massachusetts — revenue of $133m | |
| 47 | IPSC | Century Therapeutics, Inc. United States · score 0.0 | 0% | 0.3 bn | 0.1 bn | -100.6% | -0.1 bn | -33.1% | — | Cell therapies through reprogramming and genetic engineering · Pennsylvania — revenue of $109m | |
| 48 | MGNX | MACROGENICS INC United States · score 0.0 | 0% | 0.2 bn | 0.2 bn | -8.3% | -0.1 bn | -30.9% | — | Clinical-stage biopharma in antibodies for cancer · Maryland — revenue of $175m | |
| 49 | PLX | Protalix BioTherapeutics, Inc. United States · score 4.8 | 0% | 0.2 bn | 0.1 bn | 23.5% | 0.0 bn | 3.7% | — | Commercial biopharma of therapies for rare diseases · New Jersey — revenue of $81m | |
| 50 | ADCT | ADC Therapeutics SA Switzerland · score 0.0 | 0% | 0.2 bn | 0.1 bn | -121.8% | -0.1 bn | -55.7% | — | Antibody-drug conjugates for lymphoma, from Switzerland · Switzerland — revenue of $80m | |
| 51 | CGEN | COMPUGEN LTD Israel · score 6.5 | 0% | 0.2 bn | 0.1 bn | 47.6% | 0.0 bn | 15.1% | — | Target and therapy discovery with a computational platform, from Israel · Israel — revenue of $74m | |
| 52 | IVVD | Invivyd, Inc. United States · score 0.0 | 0% | 0.2 bn | 0.1 bn | -183.9% | -0.1 bn | -61.0% | — | Biopharma of monoclonal antibodies for viral diseases · Connecticut — revenue of $58m | |
| 53 | QTTB | Q32 Bio Inc. United States · score 2.5 | 0% | 0.2 bn | 0.1 bn | 62.9% | -0.0 bn | -8.6% | — | Clinical-stage biotech of biologics for alopecia areata · Massachusetts — revenue of $54m | |
| 54 | ORGO | Organogenesis Holdings Inc. United States · score 4.0 | 0% | 0.1 bn | 0.5 bn | -18.4% | 0.0 bn | 15.9% | — | Regenerative medicine for complex wounds and surgery · Massachusetts — revenue of $457m | |
| 55 | CLLS | Cellectis S.A. France · score 0.0 | 0% | 0.1 bn | 0.1 bn | -115.4% | -0.0 bn | -47.2% | — | Allogeneic CAR-T cell immunotherapy, from France · France — revenue of $57m | |
| 56 | CHRS | Coherus Oncology, Inc. United States · score 0.0 | 0% | 0.1 bn | 0.1 bn | -259.4% | -0.2 bn | -125.5% | — | Commercial oncology with an approved PD-1 inhibitor · California — revenue of $51m | |
| 57 | XLO | Xilio Therapeutics, Inc. United States · score 0.6 | — | — | 0.1 bn | -34.1% | -0.1 bn | — | — | Immuno-oncology with masked antibodies · Massachusetts — revenue of $64m |
Other industries in the same sector
- Sector overview
- Large-cap pharmaceuticals 9 companies
- European pharmaceuticals 5 companies
- Lab tools and consumables 37 companies
- Health insurance and services 17 companies
- Medical devices 87 companies
- Specialty pharmaceuticals 77 companies
- Pharmaceutical distribution 7 companies
- Clinical-stage pharmaceuticals 251 companies
- Robotic surgery and advanced medtech 9 companies
- Hospitals 23 companies
- Emerging biotech 5 companies
- Molecular testing and advanced diagnostics 42 companies
and 22 industries more
- Vaccines and mRNA 14 companies
- Clinical-stage biotech 200 companies
- Generics and biosimilars 10 companies
- Animal health 7 companies
- Contract research (CRO) 10 companies
- Consumer health (OTC) 4 companies
- Healthcare software 18 companies
- Rehabilitation and home care 15 companies
- Genomics and sequencing 9 companies
- Structural heart 8 companies
- Ophthalmology 12 companies
- Medical imaging and hospital equipment 16 companies
- Diagnostic labs 6 companies
- Medical and dental supply distribution 3 companies
- Diabetes monitoring 9 companies
- Pharmaceutical royalties 5 companies
- Respiratory and sleep therapy 9 companies
- Orthopedic implants 17 companies
- Dialysis 3 companies
- Telehealth and digital health 12 companies
- Dental 4 companies
- Medical and recreational cannabis 16 companies
What this is. A catalogue, not a guide. Every industry with stocks listed on the NYSE or NASDAQ, the companies contending for its leadership, what each one does according to its own annual report, and the balance sheet it filed with the SEC.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.