Biogen Inc Financial Flexibility Index
Biogen Inc financial flexibility index. Biogen Inc (BIIB) has a Financial Flexibility Index of 0.04x as of June 2026. Free cash flow of $489.80 Million (operating CF $448.90 Million minus capex $40.90 Million) represents 0% of total liabilities ($13.24 Billion). See Biogen Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Biogen Inc (1989–2025)
Financial flexibility index of Biogen Inc from 1989 to 2025. Historical Financial Flexibility Index trend for Biogen Inc across 37 annual periods. Check Biogen Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Biogen Inc Financial Flexibility Index by Year (1989–2025)
Biogen Inc financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for Biogen Inc. For the full cash flow conversion analysis, see BIIB cash flow metrics.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | $2.36 Billion | $2.20 Billion | $11.18 Billion | ▼ -26.1% |
| 2024 | 0.29x | $3.24 Billion | $2.88 Billion | $11.33 Billion | ▲ +85.0% |
| 2023 | 0.15x | $1.86 Billion | $1.55 Billion | $12.05 Billion | ▲ +6.0% |
| 2022 | 0.15x | $1.62 Billion | $1.38 Billion | $11.17 Billion | ▼ -52.2% |
| 2021 | 0.30x | $3.93 Billion | $3.64 Billion | $12.92 Billion | ▼ -11.2% |
| 2020 | 0.34x | $4.78 Billion | $4.23 Billion | $13.93 Billion | ▼ -37.2% |
| 2019 | 0.55x | $7.59 Billion | $7.08 Billion | $13.90 Billion | ▼ -3.7% |
| 2018 | 0.57x | $6.96 Billion | $6.19 Billion | $12.26 Billion | ▲ +15.8% |
| 2017 | 0.49x | $5.42 Billion | $4.55 Billion | $11.05 Billion | ▲ +2.5% |
| 2016 | 0.48x | $5.14 Billion | $4.52 Billion | $10.75 Billion | ▲ +11.1% |
| 2015 | 0.43x | $4.36 Billion | $3.72 Billion | $10.13 Billion | ▼ -53.3% |
| 2014 | 0.92x | $3.23 Billion | $2.94 Billion | $3.50 Billion | ▼ -48.9% |
| 2013 | 1.81x | $5.85 Billion | $2.35 Billion | $3.24 Billion | ▲ +167.8% |
| 2012 | 0.67x | $2.13 Billion | $1.88 Billion | $3.17 Billion | ▼ -10.7% |
| 2011 | 0.75x | $1.98 Billion | $1.73 Billion | $2.62 Billion | ▲ +11.0% |
| 2010 | 0.68x | $1.80 Billion | $1.62 Billion | $2.64 Billion | ▲ +25.6% |
| 2009 | 0.54x | $1.24 Billion | $1.07 Billion | $2.29 Billion | ▼ -21.3% |
| 2008 | 0.69x | $1.84 Billion | $1.56 Billion | $2.67 Billion | ▲ +63.3% |
| 2007 | 0.42x | $1.30 Billion | $1.02 Billion | $3.09 Billion | ▼ -43.1% |
| 2006 | 0.74x | $1.04 Billion | $841.27 Million | $1.40 Billion | ▼ -10.4% |
| 2005 | 0.83x | $1.21 Billion | $889.50 Million | $1.46 Billion | ▲ +76.2% |
| 2004 | 0.47x | $1.10 Billion | $727.99 Million | $2.34 Billion | ▲ +120.9% |
| 2003 | 0.21x | $520.46 Million | $219.21 Million | $2.45 Billion | ▼ -79.8% |
| 2002 | 1.05x | $432.98 Million | $267.08 Million | $411.57 Million | ▼ -23.5% |
| 2001 | 1.38x | $511.89 Million | $316.36 Million | $372.21 Million | ▼ -20.8% |
| 2000 | 1.74x | $565.05 Million | $365.94 Million | $325.45 Million | ▲ +44.5% |
| 1999 | 1.20x | $358.62 Million | $272.29 Million | $298.44 Million | ▲ +22.9% |
| 1998 | 0.98x | $201.46 Million | $167.84 Million | $206.10 Million | ▲ +103.7% |
| 1997 | 0.48x | $133.18 Million | $97.63 Million | $277.53 Million | ▼ -35.7% |
| 1996 | 0.75x | $112.17 Million | $46.54 Million | $150.20 Million | ▲ +7.8% |
| 1995 | 0.69x | $59.76 Million | $9.45 Million | $86.22 Million | ▼ -57.7% |
| 1994 | 1.64x | $78.56 Million | $34.89 Million | $47.93 Million | ▼ -10.8% |
| 1993 | 1.84x | $58.40 Million | $47.60 Million | $31.80 Million | ▼ -8.4% |
| 1992 | 2.00x | $52.50 Million | $43.10 Million | $26.20 Million | ▲ +97.6% |
| 1991 | 1.01x | $14.30 Million | $5.90 Million | $14.10 Million | ▼ -40.5% |
| 1990 | 1.70x | $21.80 Million | $10.70 Million | $12.80 Million | ▲ +332.2% |
| 1989 | -0.73x | $-4.40 Million | $-7.50 Million | $6.00 Million | — |