Incyte Corporation (INCY) vs United Therapeutics Corporation (UTHR)
A side-by-side comparison of Incyte Corporation and United Therapeutics Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 5, 2026. Differences are shown without an overall score or investment verdict.
INCY
Incyte Corporation
$119.80HealthcareDelayed quote: Aug 5, 2026, 4:00 PM EDT
UTHR
United Therapeutics Corporation
$519.01HealthcareDelayed quote: Aug 5, 2026, 4:00 PM EDT
Total return — INCY vs UTHR
growth of $100 · dividends reinvested · last 27yINCY +957.3%UTHR +8411.7%UTHR compounded faster
Log scale — wide-divergence pair
INCY UTHR
INCY vs UTHR: by the numbers
- •INCY is the larger company ($24.28B vs $22.03B market cap).
- •INCY trades at the lower trailing earnings multiple (15.36 vs 19.17 P/E), one valuation lens rather than an overall verdict.
- •UTHR converts more revenue to profit (40.61% vs 27.71% net margin).
- •INCY grew revenue faster over the past five years (16.43% vs 16.05% CAGR).
Metrics side by side
Valuation
| Metric | INCY | UTHR |
|---|---|---|
| P/E ratio | 15.36 | 19.17 |
| Forward P/E | 25.10 | 18.61 |
| P/S ratio | 4.31 | 7.72 |
| P/B ratio | 3.96 | 4.15 |
| PEG ratio | 0.73 | 1.16 |
| EV / EBITDA | 10.94 | 15.34 |
| FCF yield | 7.65% | 4.15% |
Profitability
| Metric | INCY | UTHR |
|---|---|---|
| Gross margin | 92.62% | 86.58% |
| Operating margin | 31.57% | 45.34% |
| Net margin | 27.71% | 40.61% |
| ROE | 25.41% | 21.82% |
| ROIC | 20.58% | 16.13% |
Growth (annualized)
| Metric | INCY | UTHR |
|---|---|---|
| Revenue CAGR (5Y) | 16.43% | 16.05% |
| EPS CAGR (5Y) | 21.19% | 20.93% |
| FCF CAGR (5Y) | 33.69% | 12.12% |
| Total return CAGR (5Y) | 9.29% | 20.28% |
Frequently asked
- Which has the lower trailing P/E, INCY or UTHR?
- INCY has the lower trailing P/E: INCY trades at 15.36 and UTHR at 19.17. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, INCY or UTHR?
- Over the past five years, INCY grew revenue faster — INCY at a 16.43% CAGR versus UTHR at 16.05%.
- Is INCY or UTHR more profitable?
- UTHR runs the higher net margin — INCY at 27.71% versus UTHR at 40.61%.
- How have INCY and UTHR total returns compared?
- Over the past 10 years, INCY delivered 2.96% and UTHR delivered 15.25% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Incyte P/E ratioUnited Therapeutics P/E ratioIncyte dividend yieldUnited Therapeutics dividend yieldIncyte ROEUnited Therapeutics ROEIncyte operating marginUnited Therapeutics operating marginIncyte revenue growthUnited Therapeutics revenue growthIncyte free cash flowUnited Therapeutics free cash flow
Incyte & United Therapeutics appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 5, 2026.