UTHR
United Therapeutics Corporation
NASDAQ: UTHR · HEALTHCARE · DRUG MANUFACTURERS - SPECIALTY & GENERIC
$571.07
+0.34% today
Updated 2026-04-29
Market cap
$25.03B
P/E ratio
20.48
P/S ratio
7.86x
EPS (TTM)
$27.89
Dividend yield
—
52W range
$272 – $608
Volume
0.6M
United Therapeutics Corporation (UTHR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $159.63M | $210.94M | $281.50M | $369.85M | $603.83M | $743.18M | $916.08M | $1.12B | $1.29B | $1.47B | $1.60B | $1.73B | $1.63B | $1.45B | $1.48B | $1.69B | $1.94B | $2.33B | $2.88B | $3.18B |
| Revenue growth (YoY) | — | +32.1% | +33.4% | +31.4% | +63.3% | +23.1% | +23.3% | +21.9% | +15.4% | +13.8% | +9.1% | +7.9% | -5.7% | -11.0% | +2.4% | +13.6% | +14.9% | +20.2% | +23.6% | +10.6% |
| Cost of revenue | $17.03M | $22.26M | $30.07M | $45.32M | $73.47M | $88.90M | $119.30M | $131.13M | $125.88M | $69.04M | $72.70M | $105.70M | $198.70M | $117.60M | $108.10M | $122.50M | $146.70M | $257.50M | $309.70M | $384.40M |
| Gross profit | $142.60M | $188.68M | $251.43M | $324.53M | $530.37M | $654.28M | $796.78M | $985.86M | $1.16B | $1.40B | $1.53B | $1.62B | $1.43B | $1.33B | $1.38B | $1.56B | $1.79B | $2.07B | $2.57B | $2.80B |
| Gross margin | 89.3% | 89.4% | 89.3% | 87.7% | 87.8% | 88.0% | 87.0% | 88.3% | 90.2% | 95.3% | 95.5% | 93.9% | 87.8% | 91.9% | 92.7% | 92.7% | 92.4% | 88.9% | 89.2% | 87.9% |
| R&D | $57.57M | $83.35M | $239.18M | $122.19M | $166.76M | $180.01M | $173.39M | $299.35M | $242.55M | $245.10M | $147.60M | $264.60M | $357.90M | $1.18B | $357.70M | $540.10M | $322.90M | $408.00M | $481.00M | $550.00M |
| SG&A | $54.03M | $99.03M | $94.31M | $176.34M | $199.60M | $156.48M | $201.75M | $394.01M | $299.29M | $358.31M | $232.20M | $265.80M | $206.70M | $275.50M | $369.00M | $402.60M | $416.20M | $395.30M | $542.30M | $731.10M |
| Operating income | $28.98M | $6.30M | $-82.06M | $26.00M | $164.00M | $317.78M | $421.65M | $292.50M | $538.80M | $699.01M | $1.06B | $814.90M | $805.40M | $-187.60M | $593.60M | $555.90M | $979.70M | $1.18B | $1.38B | $1.49B |
| Operating margin | 18.2% | 3.0% | -29.1% | 7.0% | 27.2% | 42.8% | 46.0% | 26.2% | 41.8% | 47.7% | 66.4% | 47.2% | 49.5% | -12.9% | 40.0% | 33.0% | 50.6% | 50.9% | 47.9% | 46.9% |
| EBITDA | $28.98M | $22.18M | $-67.75M | $43.04M | $185.47M | $341.02M | $484.45M | $323.76M | $575.02M | $1.08B | $1.09B | $1.05B | $838.40M | $-74.90M | $646.30M | $736.80M | $1.04B | $1.39B | $1.65B | $1.82B |
| EBITDA margin | 18.2% | 10.5% | -24.1% | 11.6% | 30.7% | 45.9% | 52.9% | 29.0% | 44.6% | 73.8% | 68.2% | 61.1% | 51.5% | -5.2% | 43.6% | 43.7% | 53.7% | 59.6% | 57.5% | 57.2% |
| EBIT | $27.52M | $21.23M | $-72.28M | $31.64M | $167.55M | $320.48M | $457.31M | $292.50M | $542.77M | $1.05B | $1.06B | $1.02B | $802.50M | $-120.80M | $596.40M | $686.90M | $989.00M | $1.33B | $1.58B | $1.73B |
| Interest expense | $482000.00 | $2.17M | $16000.00 | $12.88M | $19.71M | $21.37M | $16.64M | $18.06M | $17.59M | $4.74M | $3.90M | $9.00M | $13.90M | $44.20M | $23.50M | $18.60M | $32.40M | $59.30M | $42.90M | $19.50M |
| Income tax | $-34.06M | $-3.28M | $-29.51M | $-695000.00 | $41.92M | $81.87M | $136.23M | $104.34M | $185.11M | $392.80M | $346.50M | $351.60M | $169.70M | $-60.50M | $124.10M | $118.10M | $223.30M | $289.50M | $343.90M | — |
| Effective tax rate | -85.3% | -19.8% | 40.8% | -3.7% | 28.4% | 27.3% | 30.9% | 37.4% | 35.2% | 37.6% | 32.7% | 45.7% | 22.4% | 36.7% | 19.4% | 19.9% | 23.5% | 22.7% | 22.3% | 0.0% |
| Net income | $73.97M | $19.86M | $-42.79M | $19.46M | $105.92M | $217.87M | $304.44M | $174.56M | $340.07M | $651.64M | $713.70M | $417.90M | $589.20M | $-104.50M | $514.80M | $475.80M | $727.30M | $984.80M | $1.20B | $1.33B |
| Net income growth (YoY) | — | -73.2% | -315.5% | +145.5% | +444.2% | +105.7% | +39.7% | -42.7% | +94.8% | +91.6% | +9.5% | -41.4% | +41.0% | -117.7% | +592.6% | -7.6% | +52.9% | +35.4% | +21.4% | +11.7% |
| Profit margin | 46.3% | 9.4% | -15.2% | 5.3% | 17.5% | 29.3% | 33.2% | 15.6% | 26.4% | 44.5% | 44.6% | 24.2% | 36.2% | -7.2% | 34.7% | 28.2% | 37.6% | 42.3% | 41.5% | 41.9% |