Incyte Corporation (INCY) vs United Therapeutics Corporation (UTHR)
INCY leads on 11 of 15 compared metrics.
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 June 21, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
INCY
Incyte Corporation
$98.22Healthcare
UTHR
United Therapeutics Corporation
$536.59Healthcare
Total return — INCY vs UTHR
growth of $100 · last 27yINCY +751.8%UTHR +8705.6%UTHR compounded faster
Log scale — wide-divergence pair
INCY UTHR
INCY vs UTHR: by the numbers
- •UTHR is the larger company ($22.78B vs $19.62B market cap).
- •INCY trades at the lower earnings multiple (13.87 vs 19.84 P/E).
- •UTHR converts more revenue to profit (40.61% vs 26.71% net margin).
- •UTHR grew revenue faster over the past five years (16.05% vs 14.68% CAGR).
Which is better, INCY or UTHR?
Metric tally: INCY 11 · UTHR 4It depends on what you're optimizing for:
ValueINCY(lower P/E)
GrowthUTHR(faster 5Y revenue CAGR)
QualityINCY(higher ROIC)
Metrics side by side
Valuation
| Metric | INCY | UTHR |
|---|---|---|
| P/E ratio | 13.87● | 19.84 |
| Forward P/E | 11.04● | 16.20 |
| P/S ratio | 3.79● | 7.99 |
| P/B ratio | 3.66● | 4.29 |
| PEG ratio | 0.65● | 1.16 |
| EV / EBITDA | 9.03● | 14.15 |
| FCF yield | 7.14%● | 4.01% |
Profitability
| Metric | INCY | UTHR |
|---|---|---|
| Gross margin | 92.48%● | 86.58% |
| Operating margin | 27.05% | 45.34%● |
| Net margin | 26.71% | 40.61%● |
| ROE | 25.79%● | 21.82% |
| ROIC | 20.58%● | 16.14% |
Growth (annualized)
| Metric | INCY | UTHR |
|---|---|---|
| Revenue CAGR (5Y) | 14.68% | 16.05%● |
| EPS CAGR (5Y) | 21.19% | 20.93% |
| FCF CAGR (5Y) | 20.60%● | 12.12% |
| Total return CAGR (5Y) | 3.19% | 24.63%● |
Frequently asked
- Which is better, INCY or UTHR?
- It depends on your goal. value: INCY (lower P/E); growth: UTHR (faster 5Y revenue CAGR); quality: INCY (higher ROIC). Across all compared metrics, INCY leads 11 to 4.
- Is INCY or UTHR cheaper?
- On trailing earnings, INCY is cheaper: INCY trades at a 13.87 P/E and UTHR at 19.84.
- Which has grown faster, INCY or UTHR?
- Over the past five years, UTHR grew revenue faster — INCY at a 14.68% CAGR versus UTHR at 16.05%.
- Is INCY or UTHR more profitable?
- UTHR runs the higher net margin — INCY at 26.71% versus UTHR at 40.61%.
- Which has been the better investment, INCY or UTHR?
- Over the past 10-year, UTHR delivered the higher annualized total return — INCY at 2.45% versus UTHR at 18.04%. 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 June 21, 2026.