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Incyte stock: key metrics
INCYIncyte had an operating margin of 26.1% and a return on invested capital (ROIC) of 69.4% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 0.0% | −278.1% | −268.3% |
| 2007 | 0.0% | −247.6% | −252.3% |
| 2008 | 100.0% | −4,064.5% | −4,565.5% |
| 2009 | 100.0% | −1,508.6% | −2,286.8% |
| 2010 | 100.0% | 8.3% | −18.7% |
| 2011 | 100.0% | −151.6% | −197.5% |
| 2012 | 99.9% | 0.4% | −14.9% |
| 2013 | 99.8% | −4.5% | −23.4% |
| 2014 | 99.4% | −0.9% | −9.5% |
| 2015 | 96.4% | 6.7% | 0.9% |
| 2016 | 94.7% | 13.1% | 9.4% |
| 2017 | 94.8% | −15.8% | −20.4% |
| 2018 | 95.0% | 6.9% | 5.8% |
| 2019 | 94.7% | 18.6% | 20.7% |
| 2020 | 95.1% | −9.9% | −11.1% |
| 2021 | 94.9% | 19.6% | 31.8% |
| 2022 | 93.9% | 17.4% | 10.0% |
| 2023 | 93.1% | 17.7% | 16.2% |
| 2024 | 92.6% | 2.4% | 0.8% |
| 2025 | 92.8% | 26.1% | 25.0% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 87.3% | −20.0% | −21.0% |
| 2007 | 54.5% | −24.8% | −31.5% |
| 2008 | 81.1% | −59.8% | −77.0% |
| 2009 | 200.0% | −29.0% | −29.7% |
| 2010 | 35.9% | 2.3% | −6.5% |
| 2011 | 82.1% | −39.7% | −56.7% |
| 2012 | 25.3% | 0.5% | −13.4% |
| 2013 | 43.1% | −3.6% | −13.2% |
| 2014 | 59.4% | −0.6% | −5.8% |
| 2015 | 3.8% | 5.7% | 0.6% |
| 2016 | 24.8% | 81.4% | 6.4% |
| 2017 | −19.2% | −51.5% | −13.6% |
| 2018 | 5.7% | 24.3% | 4.1% |
| 2019 | 17.2% | 69.3% | 13.0% |
| 2020 | −11.3% | −29.8% | −8.3% |
| 2021 | 25.2% | 50.4% | 19.2% |
| 2022 | 7.8% | 28.9% | 5.8% |
| 2023 | 11.5% | 34.2% | 8.8% |
| 2024 | 0.9% | 3.5% | 0.6% |
| 2025 | 24.9% | 69.4% | 18.5% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 7 Nov 2026, previously Neutral
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.