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). Also explore net asset momentum of Biogen Inc to track the company's year-over-year net asset growth rate.
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. Check BIIB strategic asset allocation to assess the company's strategic physical and investment asset allocation.
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 BIIB stock 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 | — |