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Alnylam Pharmaceuticals vs Argenx

Alnylam Pharmaceuticals and Argenx are similar in size: $3.71bn and $4.15bn of revenue in their latest fiscal years. Argenx grew faster (89.9% against 65.2%). Argenx kept more of each dollar of sales as profit: a net margin of 31.1% against 8.4%. Argenx carries less debt relative to equity (0.0% against 127.7%).

Latest fiscal yearAlnylam PharmaceuticalsALNY, 2025ArgenxARGX, 2025
Revenue $3.71bn $4.15bn
Revenue growth 65.2% 89.9%
Net income $314m $1.29bn
Operating margin 13.5% 25.4%
Net margin 8.4% 31.1%
Return on equity 73.3% 20.2%
Free cash flow $465m $679m
Cash $1.66bn $3.49bn
Total debt $1.01bn $0
Debt to equity 127.7% 0.0%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 2,500 —
Market value $21.46bn $55.65bn
Price vs our value range Above our value range —
Moat score 33 (Weak) —
Insider trades, 12 months 0 buys, 279 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.