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VRTX US​

Vertex Pharmaceuticals Inc / Ma(VRTX US)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Vertex Pharmaceuticals Inc / Ma — Company Profile

Vertex Pharmaceuticals Incorporated is a leading biotechnology firm primarily focused on the discovery, advancement, and marketing of innovative treatments, particularly for cystic fibrosis (CF). The company offers a range of approved medications for CF patients, including SYMDEKO/SYMKEVI, ORKAMBI, and KALYDECO, which target specific mutations within the cystic fibrosis transmembrane conductance regulator gene. Additionally, they provide TRIKAFTA for individuals with CF aged six years and older who possess at least one F508del mutation. Beyond its established CF therapies, Vertex maintains a robust and diverse clinical pipeline. This includes VX-864, currently in Phase 2 for alpha-1 antitrypsin (AAT) deficiency; VX-147, also in Phase 2, addressing APOL1-mediated focal segmental glomerulosclerosis (FSGS) and other serious kidney conditions; VX-880, a potential treatment for Type 1 Diabetes undergoing Phase 1/2 trials; VX-548, a NaV1.8 inhibitor in Phase 2 for various forms of acute, neuropathic, and musculoskeletal pain; and CTX001, which is in Phase 3 development for severe sickle cell disease (SCD) and transfusion-dependent beta-thalassemia (TDT). The company distributes its pharmaceutical products through specialty pharmacies and distributors across the United States, while international sales are facilitated via a network of specialty distributors, retail chains, hospitals, and clinics. Vertex also engages in numerous strategic collaborations with partners such as Affinia Therapeutics, Arbor Biotechnologies, CRISPR Therapeutics, Kymera Therapeutics, Mammoth Biosciences, Moderna, Obsidian Therapeutics, Skyhawk Therapeutics, Ribometrix, Genomics plc, Merck KGaA, and X-Chem. Established in 1989, Vertex Pharmaceuticals is headquartered in Boston, Massachusetts.

Sector
Health Care
Industry
Pharmaceuticals
Exchange
UQ
CEO
Reshma Kewalramani
Headquarters
Boston, MA, US
IPO Date
Jul 24, 1991
Employees
6,400
Website
www.vrtx.com

Key Metrics

Price
$504.73
Market Cap
$128.10B
Revenue (TTM)
$2.99B
Net Income (TTM)
$1.03B
EPS (TTM)
4.06
P/E (TTM)
29.53
P/B (TTM)
6.62
Dividend Yield
0.00%
ROE (TTM)
5.33%
ROA (TTM)
3.89%
Operating Margin
38.10%
Beta
0.34

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Vertex Pharmaceuticals Incorporated is a leading biotechnology firm primarily focused on the discovery, advancement, and marketing of innovative treatments, particularly for cystic fibrosis (CF). The company offers a range of approved medications for CF patients, including SYMDEKO/SYMKEVI, ORKAMBI, and KALYDECO, which target specific mutations within the cystic fibrosis transmembrane conductance regulator gene. Additionally, they provide TRIKAFTA for individuals with CF aged six years and older who possess at least one F508del mutation. Beyond its established CF therapies, Vertex maintains a robust and diverse clinical pipeline. This includes VX-864, currently in Phase 2 for alpha-1 antitrypsin (AAT) deficiency; VX-147, also in Phase 2, addressing APOL1-mediated focal segmental glomerulosclerosis (FSGS) and other serious kidney conditions; VX-880, a potential treatment for Type 1 Diabetes undergoing Phase 1/2 trials; VX-548, a NaV1.8 inhibitor in Phase 2 for various forms of acute, neuropathic, and musculoskeletal pain; and CTX001, which is in Phase 3 development for severe sickle cell disease (SCD) and transfusion-dependent beta-thalassemia (TDT). The company distributes its pharmaceutical products through specialty pharmacies and distributors across the United States, while international sales are facilitated via a network of specialty distributors, retail chains, hospitals, and clinics. Vertex also engages in numerous strategic collaborations with partners such as Affinia Therapeutics, Arbor Biotechnologies, CRISPR Therapeutics, Kymera Therapeutics, Mammoth Biosciences, Moderna, Obsidian Therapeutics, Skyhawk Therapeutics, Ribometrix, Genomics plc, Merck KGaA, and X-Chem. Established in 1989, Vertex Pharmaceuticals is headquartered in Boston, Massachusetts.

Website
www.vrtx.com
Location
Boston, MA, US
Phone617 341 6100
Employees6,400
CEOReshma Kewalramani
Sector
Health Care
Industry
Pharmaceuticals
IPO DateJul 24, 1991

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Latest Documents

SEC Filings(3.6K)

Expand
  • 4Statement of changes in beneficial ownership22 Oct
  • 3Initial statement of beneficial ownership22 Oct
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers20 Oct
  • 4Statement of changes in beneficial ownership19 Oct
  • 4Statement of changes in beneficial ownership19 Oct
  • 4Statement of changes in beneficial ownership10 Sep
  • 3Initial statement of beneficial ownership10 Sep
  • 4Statement of changes in beneficial ownership1 Sep
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers1 Sep
  • 4Statement of changes in beneficial ownership31 Aug
  • 144SACHS BRUCE I27 Aug
  • 10-QQ2ended 30 Jun 20264 Aug
  • 8-KResults of Operations and Financial Condition3 Aug
  • 4Statement of changes in beneficial ownership23 Jul
  • 4Statement of changes in beneficial ownership23 Jul
  • 4Statement of changes in beneficial ownership17 Jul
  • 4Statement of changes in beneficial ownership17 Jul
  • 4Statement of changes in beneficial ownership7 Jul
  • 4Statement of changes in beneficial ownership7 Jul
  • 8-KEntry into a Material Definitive Agreement6 Jul

News

  • Vertex Pharmaceuticals Incorporated (VRTX) Presents at American Society of Nephrology (ASN) Kidney Week 2026 Transcript03:27AM
  • Phase 3 RAINIER Results Supporting Best-in-Class Potential of Povetacicept in IgA Nephropathy Published in the New England Journal of Medicine and Presented at the American Society of Nephrology Kidney Week 202623 Oct
  • Biotech Giants vs. Emerging Innovators: Which ETF Is the Better Buy?22 Oct
  • Vertex Pharmaceuticals (VRTX) Outpaces Stock Market Gains: What You Should Know20 Oct
  • AbbVie vs. Vertex Pharmaceuticals: Which Healthcare Stock Is a Better Buy in 2026?20 Oct
  • Vertex Appoints Daniel Brennan to its Board of Directors20 Oct
  • 3,678 Vertex Pharmaceuticals Incorporated $VRTX Shares Sold by Banque Pictet & Cie SA17 Oct
  • Is Trending Stock Vertex Pharmaceuticals Incorporated (VRTX) a Buy Now?16 Oct
  • Vertex Pharmaceuticals (VRTX) Rises Higher Than Market: Key Facts15 Oct
  • Forget Cystic Fibrosis: Vertex's Next Growth Engine Could Be Hormone Disorders15 Oct
  • Moderna vs. Vertex Pharmaceuticals: Which Healthcare Stock Is a Better Buy in 2026?13 Oct
  • Better Healthcare ETF: VanEck's Biotech-Focused BBH vs. State Street's XPH Targeting Pharma10 Oct
  • Vertex Pharmaceuticals (VRTX) Beats Stock Market Upswing: What Investors Need to Know9 Oct
  • Vertex to Present New Data on ALYFTREK® at the North American Cystic Fibrosis Conference9 Oct
  • Vertex to Announce Third Quarter 2026 Financial Results November 2nd7 Oct
  • Vertex Pharmaceuticals Incorporated (VRTX) is Attracting Investor Attention: Here is What You Should Know5 Oct
  • Amgen vs. Vertex Pharmaceuticals: Which Biotech Stock Is a Better Buy in 2026?4 Oct
  • Vertex Pharmaceuticals (VRTX) Stock Falls Amid Market Uptick: What Investors Need to Know1 Oct
  • Axsome Therapeutics vs. Vertex Pharmaceuticals: Which Biotech Stock Is a Better Buy in 2026?1 Oct
  • The Top HealthTech Questions Landing on Our Desks30 Sep

Mentions in Filings

  • … on the board of directors of various portfolio companies and has led OrbiMed’s investments in several healthcare companies that achieved significant outcomes, including Crinetics Pharmaceuticals, Inc. (acquired by <strong>Vertex Pharmaceuticals</strong> in 2026), Bolt Medical, Inc. (acquired by Boston Scientific in 2025), Aliada Therapeutics, Inc. (acquired by AbbVie in 2024), RayzeBio, Inc. (acquired by Bristol-Myers Squibb in 2024), VectivBio Holding AG (acquir …
    WINDWARD BIO GROUP AGVertex Pharmaceuticals Inc / Ma·F-1 - Registration statement (foreign issuer)·Q4 26·23 Oct
  • … on the board of directors of various portfolio companies and has led OrbiMed's investments in several healthcare companies that achieved significant outcomes, including Crinetics Pharmaceuticals, Inc. (acquired by <strong>Vertex Pharmaceuticals</strong> in 2026), Bolt Medical, Inc. (acquired by Boston Scientific in 2025), Aliada Therapeutics, Inc. (acquired by AbbVie in 2024), RayzeBio, Inc. (acquired by Bristol-Myers Squibb in 2024), VectivBio Holding AG (acquir …
    STANDARD BIOTOOLS INC.Vertex Pharmaceuticals Inc / Ma·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·21 Oct
  • … on the board of directors of various portfolio companies and has led OrbiMed's investments in several healthcare companies that achieved significant outcomes, including Crinetics Pharmaceuticals, Inc. (acquired by <strong>Vertex Pharmaceuticals</strong> in 2026), Bolt Medical, Inc. (acquired by Boston Scientific in 2025), Aliada Therapeutics, Inc. (acquired by AbbVie in 2024), RayzeBio, Inc. (acquired by Bristol-Myers Squibb in 2024), VectivBio Holding AG (acquir …
    STANDARD BIOTOOLS INC.Vertex Pharmaceuticals Inc / Ma·S-4/A - Registration statement (business combination, amendment)·Q4 26·21 Oct
  • … porate Controller and Chief Accounting Officer of Charles River Laboratories International, Inc. Earlier in his career, Mr. Crowley held senior corporate finance positions at Ironwood Pharmaceuticals, Inc., <strong>Vertex Pharmaceuticals Incorporated</strong>, and Sunovion Pharmaceuticals, Inc. He has served as a member of the board of directors of Actithera, Inc., a biotechnology company, since September 2026. Mr. Crowley is a Certified Public Accountant and hol …
    Sonic Holdco, Inc.Vertex Pharmaceuticals Inc / Ma·S-4/A - Registration statement (business combination, amendment)·Q4 26·16 Oct
  • … r at Sobi North America (Nasdaq Stockholm: SOBI) from 2020 to 2023, and previously held senior medical leadership roles at Genzyme Corporation, AstraZeneca Pharmaceuticals (NYSE: AZN), Intarcia Therapeutics, Inc., <strong>Vertex Pharmaceuticals</strong>, Inc. (Nasdaq: VRTX) and Flexion Therapeutics, Inc. Dr. Yee previously served as an independent director on the board of Comera Life Sciences (OTC: CMRA) from 2021 to 2023. Dr. Yee earned an M.D. from Harvard Medi …
    Tempest Therapeutics, Inc.Vertex Pharmaceuticals Inc / Ma·PRE 14A - PRELIMINARY PROXY STATEMENT·Q4 26·16 Oct
  • Arrowhead, Rona Therapeutics, Vial, BaseCure Therapeutics, SanegeneBio, and Hengrui have siRNA programs targeting INHBE in Phase 1 or Phase 1/2 development, and Alnylam and Innovent, among others, have preclinical INHBE programs. iBio has a preclinical antibody program targeting Activin E. In addition, multiple other companies are pursuing approaches for obesity that are complementary to GLP-1 receptor agonists and aim to reduce fat mass while …
    Wave Life Sciences, Inc.Vertex Pharmaceuticals Inc / Ma·ARS - Annual report to security holders·FY25·14 Oct

Key Stats

Trading

Px/Chg 1D$504.73 / -0.40%
Avg Volume1.40M
Beta0.34
Mkt Cap128.10B
FD Mkt Cap136.61B

Float

Shrs Out/Float253.81M / 253.23M
Short Float0.02%
Days to Cover2.01
Stock Repurchased$336.90M

Current Valuation

EV124.60B
EV/EBITDA23.11
EV/Sales10.17
P/B6.62
P/S10.45
FCF Yield1.01%
ROE5.33%
ROA3.89%
Current Ratio3.02

Estimates

P/E29.53
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings6.1226.6028.66-240.4891.63124.20
Price / Sales21.769.8910.5111.6933.8242.89
Price / Book Value6.516.355.907.855.856.62
Price / Free Cash Flow60.6422.5131.63-162.97313.0898.94
ENTERPRISE VALUE METRICS
Enterprise Value106,284.678,750.294,163.6125,978.8107,933.6124,596.6
Enterprise Value / Sales20.998.829.5411.4333.4541.71
Enterprise Value / EBITDA94.0517.7520.45259.0677.8095.20
Enterprise Value / EBIT134.2718.3721.29451.3880.8999.45

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue12.4%7,574.48,930.79,869.211,020.112,074.6
Gross Income11.4%6,670.27,850.48,607.09,489.610,267.5
EBITDA13.6%2,917.54,435.54,605.2486.34,863.7
EBIT13.6%2,791.94,287.24,423.9279.14,656.5
Net Income14%2,342.13,322.03,619.6-535.63,953.2
EPS (Diluted)14.2%9.0112.8213.89-2.0815.32
BALANCE SHEET
Cash & ST Inv-3.2%7,524.910,778.511,218.36,115.96,611.1
Total Assets18.1%13,432.518,150.922,730.222,533.226,142.8
Total Liabilities22.4%3,332.54,238.25,149.86,123.67,477.0
Total Shareholder Equity16.6%10,100.013,912.717,580.416,409.618,665.8
CASH FLOW
Net Operating Cash Flow8.3%2,643.54,129.93,537.3-492.63,631.4
Cap Ex16.8%-235.0-204.7-258.4-297.7-437.6
Free Cash Flow7.3%2,408.53,925.23,278.9-790.33,193.8

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)525.68
Basic Shares253.81
Market Cap133,420.2
Diluted Shares256.30
Fully Diluted Shares Outstanding256.30
Fully Diluted Market Cap134,731.8
+Consolidated Debt1,986.5
−In-the-Money Convertible Debt—
+Capital Leases1,986.5
+Operating Leases—
−Cash & Equivalents-5,492.9
−Short-term Investments-1,753.8
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value129,913.8

Segment data

Revenue

by Products and services

  • Trikafta/kaftrio86%
  • Alyftrek7%
  • Manufactured Product, Other7%

Revenue

by Geography

  • United States46%
  • Non-us33%
  • Europe21%

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