Biogen Inc (BIIB) — Financial Flexibility Index
Biogen Inc (BIIB) has a Financial Flexibility Index of 0.05x as of December 2025. Free cash flow of $555.80 Million (operating CF $511.90 Million minus capex $43.90 Million) represents 0% of total liabilities ($11.18 Billion). Check asset allocation strategy of Biogen Inc to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Biogen Inc Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Biogen Inc across 37 annual periods. See how liquid is Biogen Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Biogen Inc (1989–2025)
Year-by-year free cash flow to debt coverage for Biogen Inc. For the full company profile including market capitalisation, see Biogen Inc (BIIB) market capitalisation.
| 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 | — |