NYSE : QGEN

Qiagen N.V. — Financial statements

Healthcare · Diagnostics & Research · Netherlands

Last price 50.34 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 10.41B

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Financial statements

Qiagen N.V. (QGEN) reported revenue of 2.10B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue2.10B2.09B1.98B1.97B2.14B2.25B
Cost of Revenue706.04M703.03M657.22M667.42M696.08M733.72M
Gross Profit1.39B1.39B1.32B1.30B1.45B1.52B
Selling, General & Admin586.14M583.67M564.36M579.17M603.95M584.47M
Research & Development194.67M187.52M193.49M198.51M189.86M189.96M
Amortization of Goodwill & Intangibles63.45M63.24M68.14M74.96M75.01M85.66M
Operating Expenses844.26M834.42M825.99M852.64M868.82M860.09M
Operating Income550.06M552.54M495.00M445.25M576.62M657.85M
Interest Expense-39.43M-33.26M-43.84M-53.41M-58.36M-54.48M
Interest & Investment Income54.99M64.32M68.02M78.99M32.76M9.55M
Earnings From Equity Investments6.30M4.40M5.72M4.16M3.76M
Currency Exchange Gain (Loss)-5.90M-8.40M-4.50M-5.80M2.70M-9.00M
Other Non Operating Income (Expenses)-101.00K-151.00K691.00K-4.07M283.00K17.37M
EBT Excluding Unusual Items565.92M579.46M521.09M465.12M557.76M621.29M
Merger & Restructuring Charges-88.15M-63.46M-397.29M-35.31M-5.00M
Gain (Loss) on Sale of Investments537.00K-2.50M-2.65M32.30M
Asset Writedown-12.97M
Legal Settlements4.70M4.70M
Other Unusual Items-21.18M-27.94M-27.19M-27.76M
Pretax Income461.83M490.26M121.15M429.81M512.60M625.83M
Income Tax Expense52.51M65.39M37.56M88.51M89.39M113.23M
Earnings From Continuing Operations409.32M424.88M83.59M341.30M423.21M512.60M
Net Income409.32M424.88M83.59M341.30M423.21M512.60M
Net Income to Common409.32M424.88M83.59M341.30M423.21M512.60M
Shares Outstanding (Basic)206.65M206.36M205.61M204.40M203.89M204.25M
Shares Outstanding (Diluted)208.30M207.94M207.55M206.61M206.18M207.88M
EPS (Basic)1.982.060.411.672.082.51
EPS (Diluted)1.972.040.401.652.052.47
Free Cash Flow447.70M453.28M506.38M309.75M586.04M449.10M
Free Cash Flow Per Share2.152.182.441.502.842.16
Dividend Per Share0.360.26
Gross Margin66.39%66.36%66.78%66.04%67.50%67.41%
Operating Margin26.19%26.44%25.02%22.66%26.93%29.22%
Profit Margin19.49%20.33%4.23%17.37%19.76%22.77%
Free Cash Flow Margin21.32%21.69%25.60%15.76%27.37%19.95%
EBITDA734.18M728.29M685.27M638.88M774.22M863.58M
EBITDA Margin34.96%34.85%34.64%32.51%36.15%38.35%
D&A For EBITDA184.13M175.75M190.27M193.64M197.60M205.73M
EBIT550.06M552.54M495.00M445.25M576.62M657.85M
EBIT Margin26.19%26.44%25.02%22.66%26.93%29.22%
Effective Tax Rate11.37%13.34%31.00%20.59%17.44%18.09%
Advertising Expenses8.70M9.60M11.50M15.80M13.50M

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents768.50M839.00M663.55M668.08M730.67M879.88M
Short-Term Investments25.00M259.91M489.44M389.70M687.60M184.78M
Trading Asset Securities17.84M1.97M
Cash & Short-Term Investments793.50M1.10B1.17B1.06B1.42B1.07B
Accounts Receivable398.35M412.76M363.80M396.92M333.52M376.21M
Other Receivables700.00K89.72M77.89M98.82M72.42M64.29M
Receivables399.05M502.48M441.69M495.73M405.94M446.75M
Inventory311.36M301.89M279.26M398.38M357.96M327.52M
Prepaid Expenses127.98M49.26M41.77M44.85M50.96M24.87M
Restricted Cash16.10M22.53M3.25M87.67M21.08M11.20M
Other Current Assets8.64M20.00M23.05M63.14M139.75M196.20M
Total Current Assets1.66B2.00B1.96B2.15B2.39B2.07B
Property, Plant & Equipment923.04M1.08B869.85M870.28M757.69M590.77M
Long-Term Investments23.20M17.35M19.26M17.72M17.59M25.49M
Goodwill2.69B2.70B2.43B2.48B2.35B2.38B
Other Intangible Assets352.35M386.43M303.81M526.82M544.80M774.26M
Long-Term Deferred Tax Assets69.00M70.10M38.60M56.30M117.36M
Long-Term Deferred Charges28.93M
Other Long-Term Assets240.59M35.63M41.33M38.48M164.84M222.34M
Total Assets5.89B6.28B5.69B6.12B6.29B6.21B
Accounts Payable79.08M72.66M83.27M84.16M98.73M101.22M
Accrued Expenses364.29M181.10M152.90M169.60M180.66M172.07M
Current Portion of Long-Term Debt23.98M18.19M551.88M587.97M389.55M845.65M
Current Portion of Leases28.84M24.34M22.27M22.22M22.05M
Current Income Taxes Payable39.72M24.95M12.47M13.98M27.67M
Current Unearned Revenue82.90M79.42M70.83M66.43M69.00M63.37M
Other Current Liabilities31.20M92.21M133.86M136.39M200.38M393.81M
Total Current Liabilities581.45M512.14M1.04B1.08B974.52M1.63B
Long-Term Debt1.63B1.66B839.66M1.02B1.51B1.04B
Long-Term Leases129.11M96.66M79.06M71.41M76.53M
Long-Term Unearned Revenue13.90M16.10M18.00M15.70M15.20M11.31M
Pension & Post-Retirement Benefits9.20M8.40M7.40M15.48M
Long-Term Deferred Tax Liabilities26.60M22.70M12.80M45.24M
Other Long-Term Liabilities306.39M151.34M94.83M92.44M251.12M534.77M
Total Liabilities2.53B2.50B2.12B2.31B2.82B3.35B
Common Stock2.40M2.53M2.60M2.70M2.70M2.70M
Additional Paid-In Capital956.24M1.44B1.67B1.92B1.87B1.88B
Retained Earnings2.81B2.75B2.45B2.46B2.16B1.49B
Treasury Stock-13.22M-31.82M-74.92M-133.02M-160.19M-189.73M
Comprehensive Income & Other-402.67M-377.31M-474.54M-433.83M-404.09M-322.76M
Total Common Equity3.36B3.78B3.57B3.81B3.47B2.86B
Shareholders' Equity3.36B3.78B3.57B3.81B3.47B2.86B
Total Liabilities & Equity5.89B6.28B5.69B6.12B6.29B6.21B
Total Debt1.65B1.83B1.51B1.71B1.99B1.98B
Net Cash (Debt)-860.20M-735.82M-341.71M-652.25M-573.79M-918.32M
Net Cash Per Share-4.13-3.54-1.65-3.16-2.78-4.42
Filing Date Shares Outstanding206.50M206.07M205.31M204.45M204.01M203.44M
Total Common Shares Outstanding206.50M206.07M205.31M204.45M204.01M203.44M
Working Capital1.08B1.48B917.82M1.07B1.42B447.34M
Book Value Per Share16.2618.3317.3818.6216.9914.05
Tangible Book Value312.00M691.07M838.11M805.21M569.25M-291.81M
Tangible Book Value Per Share1.513.354.083.942.79-1.43
Land27.62M24.94M26.24M25.48M343.62M
Buildings409.38M381.51M382.84M362.79M
Machinery391.54M362.49M401.18M384.45M449.99M
Construction In Progress269.35M226.16M203.98M130.41M92.06M
Leasehold Improvements54.95M

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income409.32M424.88M83.59M341.30M423.21M512.60M
Depreciation & Amortization184.13M175.75M190.27M193.64M197.60M205.73M
Other Amortization21.42M21.37M31.43M41.86M44.50M41.49M
Asset Writedown & Restructuring Costs35.12M22.44M203.41M4.16M12.97M
Loss (Gain) From Sale of Investments968.00K426.00K6.23M-29.54M
Stock-Based Compensation43.92M50.40M43.63M47.10M49.51M38.39M
Other Operating Activities-20.45M-6.96M-14.65M18.35M13.13M334.00K
Change in Accounts Receivable-7.31M-36.39M12.22M-55.12M15.45M-7.40M
Change in Inventory-30.04M-848.00K87.75M-44.79M-61.95M-81.80M
Change in Accounts Payable-1.56M-8.42M1.45M-22.42M-1.76M-5.97M
Change in Income Taxes7.35M14.32M25.53M-7.46M-21.89M-12.83M
Change in Other Net Operating Assets12.58M-3.17M8.51M-57.18M38.27M-22.00M
Operating Cash Flow654.47M654.33M673.55M459.45M715.26M639.00M
Capital Expenditures-206.77M-201.05M-167.17M-149.71M-129.22M-189.90M
Cash Acquisitions-226.50M-291.23M-149.53M-63.65M
Sale (Purchase) of Intangibles-7.10M-6.08M-4.07M-13.09M-20.11M-16.63M
Investment in Securities193.08M225.24M-103.40M291.23M-504.00M-40.73M
Other Investing Activities5.14M-32.16M25.41M-66.55M-9.77M44.84M
Investing Cash Flow-242.15M-305.28M-249.23M-87.66M-726.76M-202.43M
Long-Term Debt Issued742.32M494.21M371.45M
Total Debt Issued742.32M742.32M494.21M371.45M
Long-Term Debt Repaid-534.17M-601.54M-436.76M-480.00M-41.34M
Total Debt Repaid-534.17M-534.17M-601.54M-436.76M-480.00M-41.34M
Net Debt Issued (Repaid)208.15M208.15M-107.33M-436.76M-108.55M-41.34M
Issuance of Common Stock36.76M7.92M
Repurchase of Common Stock-522.74M-307.36M-326.26M-17.68M-25.36M-123.56M
Common Dividends Paid-54.24M-54.24M
Other Financing Activities-7.58M-25.53M10.69M-16.15M8.11M6.62M
Financing Cash Flow-376.41M-178.98M-422.90M-433.83M-125.80M-150.37M
Foreign Exchange Rate Adjustments-1.23M5.38M-5.96M-558.00K-12.54M-3.68M
Net Cash Flow34.69M175.45M-4.53M-62.59M-149.85M282.53M
Free Cash Flow447.70M453.28M506.38M309.75M586.04M449.10M
Free Cash Flow Margin21.32%21.69%25.60%15.76%27.37%19.95%
Free Cash Flow Per Share2.152.182.441.502.842.16
Levered Free Cash Flow372.86M257.10M673.57M156.91M301.65M587.43M
Unlevered Free Cash Flow394.08M274.52M682.55M160.13M304.42M589.18M
Cash Interest Paid29.25M29.25M24.18M20.35M23.21M21.59M
Cash Income Tax Paid17.27M17.27M15.68M82.41M120.48M102.08M
Change in Working Capital-18.98M-34.51M135.45M-186.96M-31.88M-130.01M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization10.39B9.75B9.90B9.91B11.36B12.62B
Enterprise Value11.25B10.22B10.43B10.43B11.76B13.61B
Last Close Price50.2244.6443.9742.9249.2854.93
PE Ratio25.5322.95118.4029.0426.8324.62
Forward PE20.1318.2819.8520.9024.9227.09
PS Ratio4.944.675.005.045.305.60
PB Ratio3.092.582.772.603.284.41
P/TBV Ratio33.2914.1111.8112.3119.95
P/FCF Ratio23.2021.5119.5531.9919.3828.10
P/OCF Ratio15.8714.9014.6921.5715.8819.75
PEG Ratio3.622.202.858.212.445.44
EV/Sales Ratio5.354.895.275.315.496.04
EV/EBITDA Ratio15.3214.0315.2216.3215.1915.76
EV/EBIT Ratio20.4418.4921.0723.4220.3920.68
EV/FCF Ratio25.1222.5420.6033.6620.0630.30
Debt / Equity Ratio0.490.490.420.450.570.69
Debt / EBITDA Ratio2.172.432.112.562.492.30
Debt / FCF Ratio3.694.052.995.523.404.42
Net Debt / Equity Ratio0.260.200.100.170.170.32
Net Debt / EBITDA Ratio1.171.010.501.020.741.06
Net Debt / FCF Ratio1.921.620.682.110.982.04
Asset Turnover0.360.350.340.320.340.37
Inventory Turnover2.342.421.941.762.032.37
Quick Ratio2.053.131.551.441.870.93
Current Ratio2.853.901.881.992.461.27
Return on Equity (ROE)11.93%11.57%2.27%9.38%13.38%19.19%
Return on Assets (ROA)5.87%5.77%5.24%4.49%5.77%6.78%
Return on Invested Capital (ROIC)11.38%11.37%8.16%8.32%12.18%14.20%
Return on Capital Employed (ROCE)10.40%9.60%10.70%8.80%10.90%14.40%
Earnings Yield3.92%4.36%0.84%3.44%3.73%4.06%
FCF Yield4.31%4.65%5.12%3.13%5.16%3.56%
Dividend Yield5.50%0.56%
Payout Ratio134.23%12.77%
Buyback Yield / Dilution0.20%-0.18%-0.45%-0.21%0.82%0.93%
Total Shareholder Return5.70%0.37%-0.45%-0.21%0.82%0.93%