United Therapeutics (UTHR)

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United Therapeutics Corporation is a biotechnology company best known for developing and commercialising therapies for pulmonary arterial hypertension, a serious rare disease in which elevated pressure in the lung arteries strains the heart and can progressively limit exercise capacity and survival. The company’s commercial portfolio is heavily built around treprostinil, a prostacyclin analogue that helps address one of the key biological pathways involved in pulmonary vascular disease.

United Therapeutics markets several PAH therapies in the United States, including Tyvaso DPI, an inhaled dry-powder formulation of treprostinil; Remodulin, an injectable treprostinil therapy; and Orenitram, an oral extended-release treprostinil tablet. It also sells Adcirca, a tadalafil therapy for PAH, and Unituxin, an antibody treatment used in high-risk neuroblastoma. Tyvaso has become a central product for the company, with the dry-powder device format aimed at making inhaled therapy more convenient for eligible patients.

Beyond its marketed medicines, United Therapeutics is distinctive for its long-running interest in addressing the shortage of transplantable organs. The company invests in organ manufacturing technologies, including xenotransplantation, regenerative medicine, and related platforms intended to expand the future supply of lungs and other organs. This creates a business profile that combines a revenue-generating rare disease pharmaceutical franchise with ambitious research programmes in transplantation.

Most of the company’s revenue is generated in the United States, although it also has international activities. Its market position depends on clinical differentiation, physician adoption, pricing and reimbursement, patent protection, manufacturing execution, and the ability to extend its pulmonary hypertension franchise while advancing longer-term organ-focused innovation.

549.47 USD
525.00 USD
+9.42 (+1.74%)
After-hours

Last updated

Market Cap
22.92B
P/E
17.81
P/FCF
22.54
P/S
7.23
Enterprise Value
21.64B
Sector
Health Care
Industry
Pharmaceutical Preparations
Address
1000 SPRING ST, SILVER SPRING, MD, 20910
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Market Cap
22.92B
Enterprise Value
21.64B
P/E
17.81
P/B
3.88
P/S
7.23
EV / EBITDA
14.2
EV / Sales
6.83
EPS
30.33
Dividend Yield
0%
P/FCF
22.54
P/CF
14.66
Free Cash Flow
1.02B
ROE
21.82%
ROA
19.17%
Debt / Equity
0
Current Ratio
4.79
Quick Ratio
4.5
Cash
2.14
Avg Volume
439.22K
Fundamentals Snapshot Price
540.05

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 781.5M 790.2M 799.5M 798.6M 794.4M
Gross profit 648.1M 686.8M 698.6M 711M 701.9M
Operating income 325.8M 356.7M 388.5M 364.5M 382.8M
EBITDA 348.4M 379.5M 410.4M 385.6M 402.6M
Net income 274.9M 364.3M 338.7M 309.5M 322.2M
Basic EPS 6.32 8.37 7.73 6.86 7.18
Diluted EPS 5.82 7.69 7.16 6.41 6.63

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 6.71B 7.88B 7.35B 7.91B 7.74B
Total liabilities 813.1M 783.8M 760.9M 734.4M 936.7M
Total equity 5.9B 7.1B 6.59B 7.17B 6.81B
Cash & equivalents 1.28B 1.56B 1.34B 1.59B 1.9B
Current assets 2.87B 3.7B 3.49B 3.83B 3.94B
Current liabilities 599.1M 560.6M 546.3M 527.1M 721.5M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 463.3M 346.2M 562.1M 191.7M 461.2M
Investing cash flow 743.7M -227.6M 140.9M -299.9M -164.7M
Financing cash flow -1.48B 98.4M -956M -198.6M -93.8M
Change in cash -277.4M 217M -253M -306.8M 202.7M
Kind Filing Date Link
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