BioMarin Pharmaceutical Inc. logo BMRN - BioMarin Pharmaceutical Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 28
HOLD 13
SELL 0
STRONG
SELL
0
| PRICE TARGET: $89.93 DETAILS
HIGH: $120.00
LOW: $50.00
MEDIAN: $95.00
CONSENSUS: $89.93
UPSIDE: 66.26%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue
Revenue 3,221.3 2,853.9 2,419.2 2,096.0 1,846.3 1,860.5 1,704.0 1,491.3 1,313.6 1,116.9 889.9 749.3 548.5 500.7 441.4 376.3 324.7 296.5 121.6 84.2 25.7 18.6 12.1 13.9 11.7 9.7 5.3 1.2
Cost of Revenue 736.8 580.2 532.1 503.0 470.5 524.3 359.5 315.3 241.8 209.6 152.0 122.3 88.4 91.8 84.0 70.3 65.9 52.5 18.4 8.7 2.6 4.0 0 0 0 (6.6) (6.1) (0.7)
Gross Profit 2,484.4 2,273.7 1,887.2 1,593.0 1,375.8 1,336.2 1,344.6 1,176.0 1,071.9 907.2 737.9 627.0 460.1 408.9 357.3 306.0 258.7 244.0 103.2 75.5 23.0 14.7 12.1 0 0 18.9 13.1 1.9
Operating Expenses
R&D Expenses 921.9 747.2 746.8 649.6 628.8 628.1 715.0 696.3 610.8 661.9 634.8 461.5 354.8 302.2 214.4 147.3 115.1 93.3 78.6 66.7 56.4 49.8 54.8 54.5 45.3 35.8 27.2 10.5
SG&A Expenses 1,277.0 1,009 892.4 823.2 759.4 737.7 680.9 604.4 554.3 476.6 402.3 302.2 235.4 198.2 175.4 151.7 124.3 106.6 77.5 49.0 41.6 37.6 14.4 16.9 6.4 6.5 4.8 3.5
Other Expenses (248) 33.3 62.2 (40.8) 69.9 13.8 49.1 (1.2) (78.5) 572.2 (188.5) (43.8) 26.0 18.7 1.4 6.4 2.9 4.4 4.4 (15.6) (10.7) 106.7 18.7 48.6 42.0 11.0 6.1 0.8
Operating Expenses 1,950.9 1,789.5 1,701.4 1,432.0 1,458.1 1,379.6 1,445.0 1,299.5 1,086.6 1,710.7 848.6 719.9 616.1 519.1 391.2 305.4 242.3 204.2 160.5 100.1 87.3 194.1 87.9 92.8 71.0 52.0 37.2 14.8
Operating Income
Operating Income 533.5 484.2 185.8 161.0 (82.3) (43.4) (100.5) (123.5) (14.7) (803.4) (110.7) (92.9) (156.0) (110.2) (33.9) 0.5 16.4 39.8 (57.3) (24.7) (64.2) (179.4) (75.8) (78.8) (59.3) (35.7) (25.8) (12.9)
Interest Expense 10.9 12.7 17.3 16.0 15.3 29.3 23.5 43.7 42.7 39.5 38.2 36.6 10.4 7.6 8.3 10.3 14.1 16.4 0 16.7 11.9 0 3.1 0 0 0.0 0 0
Interest Income 74.9 74.9 58.3 18.0 10.5 16.6 22.7 22.8 14.9 7.5 4.5 5.9 3.1 2.6 2.9 4.1 5.1 16.4 0 12.9 1.9 0 2.6 0 0 3.0 0 0
Profitability
EBITDA 572.9 650.5 306.8 265.4 47.4 83.7 31.9 (3.4) 91.0 (698.0) (72.6) (45.7) (131.1) (67.3) (0.2) 17.1 35.6 67.4 (52.9) (14.9) (54.5) (134.6) (66.4) (59.1) (40.6) (29.9) (20.4) (12.1)
EBIT 493.4 554.1 202.4 163.4 (60.6) (21.5) (73.4) (99.0) 3.1 (794.9) (119.8) (91.6) (167.1) (111.6) (35.2) (10.7) 14.7 49.8 (57.3) (24.7) (64.2) (147.9) (75.8) (67.6) (47.6) (35.7) (25.8) (12.9)
Income Before Tax 482.5 541.8 188.6 149.6 (75.3) (49.0) (94.8) (142.7) (35.9) (831.0) (154.7) (124.9) (176.5) (118.3) (43.6) (21.5) 0.6 33.4 (15.1) 0 0 0 0 0 0 0 0 0
Income Tax Expense 133.6 114.9 20.9 8.0 (11.3) (903.0) (71.0) (65.5) 81.2 (200.8) 17.1 9.1 (0.1) (3.9) 10.2 (227.3) 1.1 2.6 0.7 0 0 0 (0.0) 9.8 20.0 4.4 0.6 0
Net Income 348.9 426.9 167.6 141.6 (64.1) 854.0 (23.8) (77.2) (117.0) (630.2) (171.8) (134.0) (176.4) (114.3) (53.8) 205.8 (0.5) 30.8 (15.8) (28.5) (74.3) (187.4) (75.8) (77.5) (67.6) (37.4) (28.1) (12.3)
Per Share Data
EPS (Basic) 1.82 2.25 0.89 0.76 -0.35 4.75 -0.13 -0.44 -0.67 -3.80 -1.07 -0.92 -1.28 -0.95 -0.48 1.99 -0.00 0.31 -0.16 -0.34 -1.08 -2.91 -1.22 -1.45 -1.65 -1.04 -0.94 -0.55
EPS (Diluted) 1.80 2.21 0.88 0.75 -0.35 4.53 -0.13 -0.44 -0.67 -3.79 -1.07 -0.92 -1.28 -0.95 -0.48 1.73 -0.00 0.29 -0.16 -0.34 -1.08 -2.91 -1.22 -1.45 -1.65 -1.04 -0.94 -0.55
Shares Outstanding 191.8 190.0 187.8 185.3 182.9 180.8 179.0 177.1 174.4 166.0 160.0 145.6 137.8 120.3 112.1 103.1 100.3 99.0 95.9 84.6 68.8 64.4 62.1 53.3 41.1 35.9 29.9 22.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998
Current Assets
Cash & Cash Equivalents 1,311.7 942.8 755.1 724.5 587.3 649.2 437.4 494.0 598.0 408.3 167.2 222.9 13.1 121.4 33.6 12.5 16.5 23.4 9.4
Short-Term Investments 248.9 194.9 318.7 567.0 426.6 416.2 316.4 590.3 797.9 381.3 133.5 336.9 35.7 85.0 40.3 118.6 23.7 39.6 0
Net Receivables 908.2 660.5 633.7 461.3 373.4 448.4 377.4 342.6 261.4 215.3 80.6 54.3 4.0 0 0 3.1 2.9 2.5 0.7
Inventory 1,298.9 1,232.7 1,107.2 894.1 776.7 698.5 680.3 530.9 475.8 355.1 78.7 73.2 2.3 0 0 0 0.4 0.7 0.1
Other Current Assets 185.8 201.5 141.4 104.5 110.4 129.9 130.7 98.4 74.0 61.7 0.3 50.4 30.0 18.9 7.1 2.6 1.0 0.3 2.6
Total Current Assets 3,953.5 3,232.4 2,956.1 2,751.5 2,274.4 2,342.2 1,942.1 2,056.2 2,207.1 1,421.8 467.7 737.7 85.3 225.3 81.1 136.8 44.5 66.4 12.8
Non-Current Assets
Property, Plant & Equipment 952.5 1,043.0 1,066.1 1,073.4 1,035.5 1,032.5 1,010.9 948.7 896.7 798.8 199.1 125.0 42.5 25.2 28.2 32.6 20.7 25.1 6.2
Goodwill 196.2 196.2 196.2 196.2 196.2 196.2 197.0 197.0 197.0 197.0 23.7 21.3 45.1 0 0 0 0 0 0
Intangible Assets 213.8 255.3 294.7 338.6 388.7 417.3 456.6 491.8 517.5 553.8 41.0 7.6 16.5 0 0 0 9.9 11.5 11.7
Long-Term Investments 498.2 521.2 611.1 333.8 507.8 285.5 412.0 235.9 385.8 572.7 170.3 2.5 0 0 0 0 0 0 0
Other Non-Current Assets 277.0 251.4 171.5 176.2 152.1 142.2 122.0 36.6 29.9 32.8 15.3 12.6 43.8 5.9 1.3 2.5 1.8 0.6 0.8
Total Non-Current Assets 3,640.5 3,756.5 3,885.5 3,623.6 3,730.4 3,505.8 2,747.9 2,370.9 2,426.0 2,601.9 449.4 169.0 147.7 31.1 29.5 35.0 32.4 37.1 18.7
Total Assets 7,594.0 6,988.9 6,841.6 6,375.1 6,004.8 5,848.0 4,690.0 4,427.1 4,633.1 4,023.7 917.2 906.7 233.0 256.3 110.6 171.8 76.9 103.5 31.5
Current Liabilities
Account Payables 312.8 235.4 315.5 231.2 199.7 191.4 241.0 207.6 166.6 191.4 7.6 0 27.2 10.1 3.9 4.3 4.7 3.1 1.4
Short-Term Debt 8.7 23.1 493.9 0 0 0 361.9 0 360.9 22.5 0 70.7 42.8 0 0 1.6 0.0 0.0 0
Deferred Revenue 0 1.4 4.6 0.7 7.0 0.2 13.0 1.5 0 0 0.1 0.3 0 0 0 0 0 0 0
Other Current Liabilities 210.7 132.1 234.9 236.1 258.9 182.8 202.9 240.1 208.9 160.6 20.1 (11.7) (24.4) 2.7 2.9 0.2 2.1 2.0 0.6
Total Current Liabilities 759.0 607.0 1,177.0 588.9 546.5 492.5 932.5 523.2 816.5 439.3 78.2 130.1 70.1 12.8 6.8 8.3 6.9 5.1 2
Non-Current Liabilities
Long-Term Debt 597.2 595.1 593.1 1,083.0 1,079.1 1,075.1 486.2 830.4 813.5 660.8 497.1 497.1 141.4 125 0 4.0 0.1 0.1 0.1
Deferred Tax Liabilities 0 0 0 0 0 0 0 62.1 44.3 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 113.8 97.6 119.9 100.0 113.5 174.3 148.9 105.5 194.4 157.3 16.3 2.9 2.9 0.7 5.2 0 0 0 0.0
Total Non-Current Liabilities 748.0 724.0 713.0 1,183.0 1,192.6 1,249.5 635.2 935.9 1,007.9 818.1 516.8 499.9 230.9 125.7 5.2 4.0 0.1 0.1 0.1
Total Liabilities 1,507.0 1,331.0 1,890.1 1,771.9 1,739.1 1,742.0 1,567.7 1,459.2 1,824.5 1,257.4 595.0 630.0 300.9 138.5 12.1 12.3 6.9 5.2 2.1
Stockholders' Equity
Common Stock 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0
Retained Earnings 154.2 (194.7) (621.6) (789.2) (930.8) (861.6) (1,720.7) (1,694.1) (1,637.5) (1,520.5) (577.1) (576.6) (488.8) (301.4) (225.6) (148.1) (80.5) (43.1) (15.1)
Accumulated Other Comprehensive Income (24.0) 61.7 (28.8) (3.9) 14.4 (16.1) 20.2 5.3 (23.0) 12.8 0.9 1.1 (0.4) 5.1 5.0 2.4 (3.5) (5.1) 0
Total Stockholders' Equity 6,087.0 5,658.0 4,951.5 4,603.2 4,265.7 4,106.0 3,122.4 2,967.9 2,808.7 2,766.3 322.2 276.7 (68.0) 117.9 98.5 159.5 70.0 98.4 29.4
Total Liabilities & Equity 7,594.0 6,988.9 6,841.6 6,375.1 6,004.8 5,848.0 4,690.0 4,427.1 4,633.1 4,023.7 917.2 906.7 233.0 256.3 110.6 171.8 76.9 103.5 31.5
Debt Metrics
Total Debt 642.9 649.5 1,095.8 1,093.4 1,089.5 1,086.9 858.8 830.4 1,174.5 683.2 497.1 638.6 270.8 125 0 5.6 0.1 0.1 0.1
Net Debt (668.8) (293.4) 340.6 368.9 502.3 437.7 421.4 336.4 576.4 274.9 329.9 415.7 257.8 3.6 (33.6) (7.0) (16.4) (23.3) (9.3)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998
Operating Activities
Net Income 348.9 426.9 167.6 141.6 (64.1) 859.1 (23.8) (77.2) (117.0) (630.2) (74.3) (187.4) (76.4) (77.4) (57.4) (37.4) (28.1) (12.3)
Depreciation & Amortization 79.6 96.4 104.4 102.0 108.0 105.2 105.3 95.7 87.9 96.9 10.1 13.3 9.4 8.5 7.0 7.3 6.6 0.8
Stock-Based Compensation 181.4 201.6 207.1 196.3 197.3 189.7 159.9 148.8 140.3 134.6 0 0 0 0 0 0 0 0
Change in Working Capital (108.7) (216.4) (336.5) (96.4) 66.0 (224.4) (101.1) (49.4) (94.0) (160.3) 7.5 4.3 (6.3) (2.0) (2.7) 0.7 1.6 0.8
Other Non-Cash Items 278.1 8.3 61.6 (115.5) 12.9 44.7 (9.2) (29.3) (70.3) 559.1 (6.0) 104.8 (1.6) 17.2 30.1 16.4 7.0 2.6
Operating Cash Flow 828.0 572.8 159.3 175.9 304.5 85.4 48.3 20.2 (8.8) (227.8) (62.7) (65.1) (74.8) (53.6) (23.1) (12.9) (12.9) (8.1)
Investing Activities
Capital Expenditure (103.0) (97.4) (96.7) (121.0) (119.2) (137.5) (145.0) (144.6) (199.2) (148.4) (3.0) (24.1) (6.0) (4.9) (17.8) (3.8) (22.9) (6.4)
Acquisitions (285.2) 0 0 0 0 (23.2) 0 50 125 (2.8) 0 (14.8) 0 (3.1) 0 0 (1.5) 0
Purchases of Investments (355.9) (410.2) (868.5) (611.8) (937.1) (538.4) (632.0) (634.8) (655.4) (699.7) 0 (37.4) (125.1) 0 (94.9) (13.7) (37.6) (1.1)
Sales/Maturities of Investments 337.8 633.0 864.9 620.0 691.0 555.8 740.2 993.7 426.0 367.6 26.4 86.3 80.1 78.6 0 15.9 0 0
Other Investing Activities (7.9) (0.9) 0 103.3 (24.6) 89.6 24.2 (0.0) (1.8) (0.7) 34.2 (25.3) 0.0 0.3 (21.2) 0 (6.7) (0.7)
Investing Cash Flow (414.2) 136.5 (111.2) (20.0) (366.3) (53.6) (31.0) 264.4 (305.5) (484.0) 57.6 (15.3) (51.0) 70.9 (133.9) (1.6) (68.8) (8.2)
Financing Activities
Net Debt Issuance 0 (495.0) (2.3) (2.6) (3.0) 203.8 (5.1) (375.0) 481.7 0 0.2 0.3 118.4 0.2 5.3 0.8 25.6 0.1
Stock Repurchased 0 0 0 0 0 (50) 0 (35.9) (33.5) 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (42.4) (31.5) (85.8) (85.4) 3.0 27.3 (101.2) (13.1) 25.5 14.2 22.1 (30) 0.5 1.8 13.2 0 0 (0.1)
Financing Cash Flow (42.4) (526.4) (18.7) (18.6) (0.0) 181.1 (74.7) (388.0) 507.1 727.1 30.1 (27.9) 213.5 3.8 153.0 7.6 95.7 19.7
Cash Position
Net Change in Cash 368.8 187.7 30.6 137.3 (61.9) 211.7 (56.5) (104.0) 189.7 11.3 25.0 (108.3) 87.8 21.1 (4.0) (6.9) 14 3.4
Cash at Beginning 942.8 755.1 724.5 587.3 649.2 437.4 494.0 598.0 408.3 397.0 13.1 121.4 33.6 12.5 16.5 23.4 9.4 6
Cash at End 1,311.7 942.8 755.1 724.5 587.3 649.2 437.4 494.0 598.0 408.3 38.1 13.1 121.4 33.6 12.5 16.5 23.4 9.4
Free Cash Flow 725.0 475.4 62.6 54.9 185.3 (52.2) (96.8) (124.4) (208.0) (376.2) (65.6) (89.2) (80.8) (58.5) (40.9) (16.7) (35.9) (14.5)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Income Statement
Revenue 3,221.3 2,853.9 2,419.2 2,096.0 1,846.3 1,860.5 1,704.0 1,491.3 1,313.6 1,116.9 889.9 749.3 548.5 500.7 441.4 376.3 324.7 296.5 121.6 84.2 25.7 18.6 12.1 13.9 11.7 9.7 5.3 1.2
Gross Profit 2,484.4 2,273.7 1,887.2 1,593.0 1,375.8 1,336.2 1,344.6 1,176.0 1,071.9 907.2 737.9 627.0 460.1 408.9 357.3 306.0 258.7 244.0 103.2 75.5 23.0 14.7 12.1 0 0 18.9 13.1 1.9
Operating Income 533.5 484.2 185.8 161.0 (82.3) (43.4) (100.5) (123.5) (14.7) (803.4) (110.7) (92.9) (156.0) (110.2) (33.9) 0.5 16.4 39.8 (57.3) (24.7) (64.2) (179.4) (75.8) (78.8) (59.3) (35.7) (25.8) (12.9)
Net Income 348.9 426.9 167.6 141.6 (64.1) 854.0 (23.8) (77.2) (117.0) (630.2) (171.8) (134.0) (176.4) (114.3) (53.8) 205.8 (0.5) 30.8 (15.8) (28.5) (74.3) (187.4) (75.8) (77.5) (67.6) (37.4) (28.1) (12.3)
EPS (Diluted) 1.80 2.21 0.88 0.75 -0.35 4.53 -0.13 -0.44 -0.67 -3.79 -1.07 -0.92 -1.28 -0.95 -0.48 1.73 -0.00 0.29 -0.16 -0.34 -1.08 -2.91 -1.22 -1.45 -1.65 -1.04 -0.94 -0.55
Balance Sheet
Cash & Equivalents 1,311.7 942.8 755.1 724.5 587.3 649.2 437.4 494.0 598.0 408.3 167.2 222.9 13.1 121.4 33.6 12.5 16.5 23.4 9.4
Total Assets 7,594.0 6,988.9 6,841.6 6,375.1 6,004.8 5,848.0 4,690.0 4,427.1 4,633.1 4,023.7 917.2 906.7 233.0 256.3 110.6 171.8 76.9 103.5 31.5
Total Debt 642.9 649.5 1,095.8 1,093.4 1,089.5 1,086.9 858.8 830.4 1,174.5 683.2 497.1 638.6 270.8 125 0 5.6 0.1 0.1 0.1
Stockholders' Equity 6,087.0 5,658.0 4,951.5 4,603.2 4,265.7 4,106.0 3,122.4 2,967.9 2,808.7 2,766.3 322.2 276.7 (68.0) 117.9 98.5 159.5 70.0 98.4 29.4
Cash Flow
Operating Cash Flow 828.0 572.8 159.3 175.9 304.5 85.4 48.3 20.2 (8.8) (227.8) (62.7) (65.1) (74.8) (53.6) (23.1) (12.9) (12.9) (8.1)
Capital Expenditure (103.0) (97.4) (96.7) (121.0) (119.2) (137.5) (145.0) (144.6) (199.2) (148.4) (3.0) (24.1) (6.0) (4.9) (17.8) (3.8) (22.9) (6.4)
Free Cash Flow 725.0 475.4 62.6 54.9 185.3 (52.2) (96.8) (124.4) (208.0) (376.2) (65.6) (89.2) (80.8) (58.5) (40.9) (16.7) (35.9) (14.5)