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Regeneron Pharmaceuticals vs Vertex Pharmaceuticals

Regeneron Pharmaceuticals is the larger business, with $14.34bn of revenue in fiscal 2025 against $12.00bn for Vertex Pharmaceuticals (1.2 times as much). Vertex Pharmaceuticals grew faster (8.9% against 1.0%). Vertex Pharmaceuticals kept more of each dollar of sales as profit: a net margin of 32.9% against 31.4%.

Latest fiscal yearRegeneron PharmaceuticalsREGN, 2025Vertex PharmaceuticalsVRTX, 2025
Revenue $14.34bn $12.00bn
Revenue growth 1.0% 8.9%
Net income $4.50bn $3.95bn
Operating margin 24.9% —
Net margin 31.4% 32.9%
Return on equity 14.9% 22.5%
Free cash flow $4.08bn $3.19bn
Cash $3.12bn $5.08bn
Total debt $1.99bn $0
Debt to equity 6.4% —
Dividend per share — —
Dividend yield 0.4% —
Share buybacks $3.44bn $2.02bn
Employees 15,410 6,400
Market value $102.62bn $134.42bn
Price vs our value range Within our value range Above our value range
Moat score 86 (Strong) 76 (Strong)
Insider trades, 12 months 0 buys, 105 sales 0 buys, 93 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.