Vertex Pharmaceuticals Financials

VRTX Stock  USD 468.13  3.57  0.77%   
Based on the key indicators related to Vertex Pharmaceuticals' liquidity, profitability, solvency, and operating efficiency, Vertex Pharmaceuticals is performing exceptionally good at this time. It has a great odds to report excellent financial results in December. At this time, Vertex Pharmaceuticals' Cash And Short Term Investments are fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 23.9 B in 2024, despite the fact that Net Debt is likely to grow to (9.1 B). Key indicators impacting Vertex Pharmaceuticals' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio3.793.9872
Notably Down
Very volatile
The essential information of the day-to-day investment outlook for Vertex Pharmaceuticals includes many different criteria found on its balance sheet. An individual investor should monitor Vertex Pharmaceuticals' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Vertex Pharmaceuticals.

Net Income

3.8 Billion

  
Understanding current and past Vertex Pharmaceuticals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Vertex Pharmaceuticals' financial statements are interrelated, with each one affecting the others. For example, an increase in Vertex Pharmaceuticals' assets may result in an increase in income on the income statement.

Vertex Pharmaceuticals Earnings Geography

Please note, the imprecision that can be found in Vertex Pharmaceuticals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Vertex Pharmaceuticals. Check Vertex Pharmaceuticals' Beneish M Score to see the likelihood of Vertex Pharmaceuticals' management manipulating its earnings.

Vertex Pharmaceuticals Stock Summary

Vertex Pharmaceuticals competes with Biomarin Pharmaceutical, Sarepta Therapeutics, Alnylam Pharmaceuticals, Intellia Therapeutics, and Editas Medicine. Vertex Pharmaceuticals Incorporated, a biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis. Vertex Pharmaceuticals Incorporated was founded in 1989 and is headquartered in Boston, Massachusetts. Vertex Pharmaceutic operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 00 people.
Foreign Associate
  Mexico
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS92532F1003
CUSIP92532F100
LocationMassachusetts; U.S.A
Business Address50 Northern Avenue,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.vrtx.com
Phone617 341 6100
CurrencyUSD - US Dollar

Vertex Pharmaceuticals Key Financial Ratios

Vertex Pharmaceuticals Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.3B11.8B13.4B18.2B22.7B23.9B
Other Current Liab1.0B1.1B1.7B2.2B2.8B3.0B
Net Debt(2.5B)(5.4B)(6.2B)(9.9B)(9.6B)(9.1B)
Retained Earnings(1.9B)858.7M3.2B6.5B10.1B10.6B
Cash3.1B6.0B6.8B10.5B10.4B10.9B
Other Current Assets213.5M308.3M545.8M553.5M623.7M654.9M
Total Liab2.2B3.1B3.3B4.2B5.1B5.4B
Total Current Assets4.6B7.8B9.0B12.7B14.1B14.9B
Short Term Debt30.3M(275.0M)80.2M89.4M83.7M87.9M
Accounts Payable87.6M155.1M195M303.9M364.9M383.1M
Net Receivables633.5M885.4M1.1B1.4B1.6B1.6B
Common Stock2.6M2.6M2.5M2.6M3.0M2.0M
Other Assets1.2B587.0M986.9M1.4B1.6B1.7B
Other Liab275.5M923.4M902.2M685.8M788.7M828.1M
Inventory167.5M280.8M353.1M460.6M738.8M775.7M
Net Tangible Assets4.7B7.3B8.7B12.2B14.1B14.8B
Long Term Debt Total583.9M581.6M538.6M539.0M619.9M632.6M

Vertex Pharmaceuticals Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Total Revenue4.2B6.2B7.6B8.9B9.9B10.4B
Gross Profit3.6B5.5B6.7B7.9B8.6B9.0B
Operating Income1.2B2.9B2.8B4.3B4.3B4.5B
Ebit1.2B3.2B2.8B4.3B4.4B4.6B
Ebitda1.5B3.3B2.9B4.4B4.6B4.8B
Net Income1.2B2.7B2.3B3.3B3.6B3.8B
Income Tax Expense218.1M405.2M388.3M910.4M760.2M798.2M
Cost Of Revenue547.8M736.3M904.2M1.1B1.3B1.3B
Income Before Tax1.4B3.1B2.7B4.2B4.4B4.6B
Research Development1.8B1.8B3.1B2.5B3.2B3.3B
Interest Expense58.5M58.2M61.5M54.8M44.1M28.9M
Tax Provision218.1M405.2M388.3M910.4M760.2M798.2M
Interest Income63.7M22.2M4.9M144.6M614.7M645.4M
Net Interest Income5.2M(35.9M)(56.6M)89.8M570.6M599.1M

Vertex Pharmaceuticals Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Vertex Pharmaceuticals. It measures of how well Vertex is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Vertex Pharmaceuticals brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Vertex had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Vertex Pharmaceuticals has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash462.4M2.9B811.2M3.7B(139.7M)(132.7M)
Free Cash Flow1.5B3.0B2.4B3.9B3.3B3.4B
Depreciation106.9M109.5M125.6M148.3M181.3M190.4M
Capital Expenditures75.5M259.8M235M204.7M258.4M271.3M
Net Income1.2B2.7B2.3B3.3B3.6B3.8B
End Period Cash Flow3.1B6.0B6.8B10.5B10.4B10.9B
Other Non Cash Items(176.2M)(220.0M)(5.8M)103.4M(42.6M)(40.5M)
Change To Inventory(64.0M)(132.0M)(92.8M)(136.4M)(322.9M)(306.8M)
Dividends Paid20.8M10.0M264.9M102M117.3M123.2M
Investments33.7M378.5M(28.9M)227.3M(2.1B)(2.0B)
Change Receivables(225.6M)(223.4M)(274.7M)(358.6M)(322.7M)(306.6M)
Net Borrowings(35.0M)(29.0M)(24.4M)(85.5M)(77.0M)(73.1M)
Change To Netincome381.9M521.4M452.7M445.6M512.4M437.4M

Vertex Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Vertex Pharmaceuticals's current stock value. Our valuation model uses many indicators to compare Vertex Pharmaceuticals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vertex Pharmaceuticals competition to find correlations between indicators driving Vertex Pharmaceuticals's intrinsic value. More Info.
Vertex Pharmaceuticals is rated below average in return on equity category among its peers. It is rated first in return on asset category among its peers . At this time, Vertex Pharmaceuticals' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Vertex Pharmaceuticals' earnings, one of the primary drivers of an investment's value.

Vertex Pharmaceuticals' Earnings Breakdown by Geography

Vertex Pharmaceuticals Systematic Risk

Vertex Pharmaceuticals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Vertex Pharmaceuticals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Vertex Pharmaceuticals correlated with the market. If Beta is less than 0 Vertex Pharmaceuticals generally moves in the opposite direction as compared to the market. If Vertex Pharmaceuticals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Vertex Pharmaceuticals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Vertex Pharmaceuticals is generally in the same direction as the market. If Beta > 1 Vertex Pharmaceuticals moves generally in the same direction as, but more than the movement of the benchmark.

Vertex Pharmaceuticals Thematic Clasifications

Vertex Pharmaceuticals is part of Pharmaceutical Products investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Pharmaceutical Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Pharmaceutical ProductsView
This theme covers USA Equities from Pharmaceutical Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Vertex Pharmaceuticals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Vertex Pharmaceuticals' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Vertex Pharmaceuticals growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.65

At this time, Vertex Pharmaceuticals' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Vertex Pharmaceuticals November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Vertex Pharmaceuticals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Vertex Pharmaceuticals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Vertex Pharmaceuticals based on widely used predictive technical indicators. In general, we focus on analyzing Vertex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vertex Pharmaceuticals's daily price indicators and compare them against related drivers.

Additional Tools for Vertex Stock Analysis

When running Vertex Pharmaceuticals' price analysis, check to measure Vertex Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vertex Pharmaceuticals is operating at the current time. Most of Vertex Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Vertex Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vertex Pharmaceuticals' price. Additionally, you may evaluate how the addition of Vertex Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.