Incyte Corporation (INCY) Stock

About Incyte Corporation

Incyte Corporation is led by CEO William J. Meury, employs 2,844 people, headquartered in Wilmington, US, publicly traded since 1993.

Incyte Corporation (INCY) stock trades at $115.71 with a market capitalization of $23.45B. The stock is valued at a price-to-earnings (P/E) ratio of 15.15, price-to-book of 3.89, price-to-sales of 4.29. Over the past 52 weeks the stock has ranged between $82.82 and $132.60, and currently trades 12.7% below its 52-week high.

On profitability, Incyte Corporation generates a return on equity (ROE) of 29.70%, above the typical market range of roughly 12-15%, return on capital employed of 28.01%, an operating margin of 25.55%, a net profit margin of 27.71%.

In its most recent fiscal year, Incyte Corporation reported annual revenue of $5.1B, net profit of $1.3B. Revenue grew at an average annual rate of 14.0% over the last 5 fiscal years.

The balance sheet shows a debt-to-equity ratio of 0.01 (debt below half of shareholders' equity), a current ratio of 3.68, total assets of $7.0B, $3.1B in cash and equivalents.

INCY has an average daily trading volume of 1,715,363 shares, a beta of 0.77 (historically less volatile than the overall market).

Incyte Corporation by the numbers, 2016–2025

Between 2016 and 2025 Incyte Corporation reported revenue of $1.1B rising to $5.1B, a change of +364.8% across 10 years. Compounded, revenue has grown 14.0% a year over five years, 14.8% over three, 21.2% over the last twelve months. Net profit rose to $1.3B.

Operating margin went from 13.1% in 2016 to 26.1% in 2025, a gain of 13.0 percentage points. The most recent net margin is 27.71%. On a trailing twelve-month basis to Jun '26, revenue is $5.8B and net profit $1.6B.

Borrowings fell from $651.0M to $69.0M, cash from operations was $1.4B in the latest year, positive in 8 of the last 10.

Return on equity has averaged 14.1% over five years, and was 24.9% in the most recent year.

The share price itself has compounded at 3.6% a year over five years, 14.9% over three, 62.9% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Incyte Corporation (INCY) — frequently asked questions