Biogen Net Income 2024

Biogen Net Income

2.29 B USD

Biogen Dividend yield

Ticker

BIIB

ISIN

US09062X1037

WKN

789617

In 2024, Biogen's profit amounted to 2.29 B USD, a 97.31% increase from the 1.16 B USD profit recorded in the previous year.

The Biogen Net Income history

YEARNET INCOME (undefined USD)
2029e3.41
2028e3.41
2027e3.3
2026e2.95
2025e2.61
2024e2.29
20231.16
20223.05
20211.56
20204
20195.89
20184.43
20172.54
20163.7
20153.55
20142.94
20131.86
20121.38
20111.23
20101
20090.97
20080.78
20070.64
20060.22
20050.16
20040.03

Biogen Aktienanalyse

What does Biogen do?

Biogen Inc. is an American biotechnology company specializing in the development, manufacturing, and marketing of therapeutics for neurodegenerative diseases, autoimmune diseases, and hemophilia. The company was founded in 1978 and is a Fortune 500 company headquartered in Cambridge, Massachusetts. It employs over 7,000 employees worldwide. The origins of Biogen can be traced back to its founding by Charles Weissmann, a Swiss biology professor, and American entrepreneurs Walter Gilbert and Phillip Sharp. The company initially focused on the development of interferon, a protein that protects the body against viruses. However, in the late 1980s, Biogen shifted its research and development efforts towards neurodegenerative diseases. Biogen's business model is based on the discovery and development of new and unique treatments for serious diseases. Through research, the discovery of new compounds, as well as acquisitions and partnerships with other companies, Biogen continually expands its product pipeline. The company also has a strong presence in the global market, selling its products in over 90 countries worldwide. Biogen has sought to expand into multiple areas of the biopharmaceutical industry. The company is divided into three main business areas: neurology, immunology, and hemophilia. In the neurology field, Biogen is a leading provider of drugs for the treatment of severe diseases such as multiple sclerosis, spinal muscular atrophy, and Alzheimer's. The company has developed several innovative therapeutics that can either slow down or even halt the progression of these diseases. One example is the drug Aduhelm®, which recently gained approval from the US Food and Drug Administration (FDA) for the treatment of Alzheimer's and garnered worldwide attention. In the immunology field, Biogen offers medications for the treatment of autoimmune diseases such as rheumatoid arthritis and psoriasis. Biogen is also a major provider of biosimilars, which are replicas of biopharmaceutical drugs developed and manufactured by other companies. Biosimilars can help reduce the cost of patient treatment, particularly in countries with limited healthcare resources. In the hemophilia field, Biogen's offerings include a range of products and services specifically developed for patients with hemophilia. These include clotting factor preparations for the treatment of bleeding, novel clotting factors, and specialized clotting tests. Biogen also invests significantly in the research of new technologies and platforms. The company has formed partnerships with other leading biotech companies such as Ionis Pharmaceuticals and Sangamo Therapeutics to develop innovative technologies like antisense oligonucleotides, genome editing, and gene silencing. Biogen is also a founding member of BioNTech, a German biotechnology company known for its development of mRNA-based vaccines for cancer and infectious diseases. Overall, Biogen has an impressive track record in the development of innovative therapeutics for complex diseases. The company has a strong presence in the global market and aims to expand its product pipeline through research and partnerships. With its high commitment to innovation, Biogen is well-positioned to play a significant role in the biopharmaceutical industry in the future. Biogen ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Biogen revenue by segment

In the annual report of the Biogen share (US09062X1037, 789617, BIIB), it breaks down its revenues into 3 segments: 1. Product, 2. Other, 3. Therapeutics. The Biogen stock (WKN: 789617, ISIN: US09062X1037, Ticker Symbol: BIIB) is a leading investment for investors interested in participating in the Health Care sector.

Net Income Details

Understanding Biogen's Profit Margins

The profit margins of Biogen represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Biogen's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Biogen's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Biogen's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Biogen’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Biogen Stock

How much profit has Biogen made this year?

Biogen has made 2.29 B USD this year.

How has the profit developed compared to last year?

The profit has increased by 97.31% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Biogen publish its earnings?

Biogen publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Biogen?

The profits of Biogen are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Biogen?

You can learn more about the earnings of Biogen by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Biogen pay?

Over the past 12 months, Biogen paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Biogen is expected to pay a dividend of 0 USD.

What is the dividend yield of Biogen?

The current dividend yield of Biogen is .

When does Biogen pay dividends?

Biogen pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Biogen?

Biogen paid dividends every year for the past 0 years.

What is the dividend of Biogen?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Biogen located?

Biogen is assigned to the 'Health' sector.

Wann musste ich die Aktien von Biogen kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Biogen from 4/25/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 4/25/2024.

When did Biogen pay the last dividend?

The last dividend was paid out on 4/25/2024.

What was the dividend of Biogen in the year 2023?

In the year 2023, Biogen distributed 0 USD as dividends.

In which currency does Biogen pay out the dividend?

The dividends of Biogen are distributed in USD.

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Andere Kennzahlen von Biogen

Our stock analysis for Biogen Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Biogen Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.