United Therapeutics Corporation (UTHR) — Working Capital to Net Assets Ratio
United Therapeutics Corporation (UTHR) has a Working Capital to Net Assets ratio of 44.7% as of September 2025. Working capital of $2.95 Billion (current assets of $3.49 Billion minus current liabilities of $546.30 Million) is measured against net assets of $6.59 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See United Therapeutics Corporation (UTHR) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
United Therapeutics Corporation Working Capital to Net Assets (1998–2024)
This chart shows how United Therapeutics Corporation's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 44.7%, reflecting working capital of $2.95 Billion against net assets of $6.59 Billion USD. See operational self-sufficiency of United Therapeutics Corporation to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for United Therapeutics Corporation (1998–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for United Therapeutics Corporation from 1998 to 2024, covering 27 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see United Therapeutics Corporation (UTHR) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 48.7% | $3.14 Billion | $6.44 Billion | $3.87 Billion | $738.10 Million | ▲ +2.8 pp |
| 2023 | 45.9% | $2.75 Billion | $5.98 Billion | $3.55 Billion | $804.40 Million | ▼ -17.4 pp |
| 2022 | 63.3% | $3.04 Billion | $4.80 Billion | $3.38 Billion | $343.20 Million | ▲ +12.3 pp |
| 2021 | 51.0% | $2.02 Billion | $3.96 Billion | $2.32 Billion | $305.40 Million | ▼ -3.3 pp |
| 2020 | 54.3% | $1.84 Billion | $3.40 Billion | $2.17 Billion | $323.30 Million | ▲ +3.9 pp |
| 2019 | 50.4% | $1.40 Billion | $2.78 Billion | $1.86 Billion | $463.00 Million | ▼ -3.1 pp |
| 2018 | 53.5% | $1.49 Billion | $2.79 Billion | $1.77 Billion | $276.60 Million | ▲ +5.8 pp |
| 2017 | 47.7% | $1.00 Billion | $2.10 Billion | $1.45 Billion | $444.70 Million | ▼ -10.9 pp |
| 2016 | 58.7% | $1.09 Billion | $1.86 Billion | $1.42 Billion | $332.50 Million | ▲ +6.5 pp |
| 2015 | 52.2% | $834.51 Million | $1.60 Billion | $1.28 Billion | $440.82 Million | ▲ +15.0 pp |
| 2014 | 37.1% | $469.89 Million | $1.27 Billion | $974.20 Million | $504.31 Million | ▲ +20.2 pp |
| 2013 | 17.0% | $221.34 Million | $1.30 Billion | $909.01 Million | $687.67 Million | ▼ -27.9 pp |
| 2012 | 44.9% | $491.71 Million | $1.09 Billion | $668.47 Million | $176.75 Million | ▲ +8.0 pp |
| 2011 | 36.9% | $349.88 Million | $948.49 Million | $562.46 Million | $212.58 Million | ▼ -1.2 pp |
| 2010 | 38.1% | $336.37 Million | $883.89 Million | $765.05 Million | $428.69 Million | ▲ +38.9 pp |
| 2009 | -0.9% | $-5.68 Million | $653.01 Million | $324.51 Million | $330.19 Million | ▼ -48.1 pp |
| 2008 | 47.2% | $239.62 Million | $507.70 Million | $297.45 Million | $57.83 Million | ▲ +20.3 pp |
| 2007 | 26.9% | $79.70 Million | $295.79 Million | $352.46 Million | $272.76 Million | ▼ -99.2 pp |
| 2006 | 126.2% | $258.12 Million | $204.61 Million | $277.37 Million | $19.25 Million | ▲ +70.8 pp |
| 2005 | 55.3% | $152.23 Million | $275.10 Million | $166.76 Million | $14.52 Million | ▲ +4.9 pp |
| 2004 | 50.4% | $96.63 Million | $191.64 Million | $110.49 Million | $13.86 Million | ▲ +3.3 pp |
| 2003 | 47.2% | $79.10 Million | $167.76 Million | $89.72 Million | $10.62 Million | ▼ -30.1 pp |
| 2002 | 77.2% | $132.55 Million | $171.66 Million | $141.86 Million | $9.31 Million | ▲ +47.6 pp |
| 2001 | 29.6% | $58.20 Million | $196.40 Million | $69.00 Million | $10.80 Million | ▼ -60.1 pp |
| 2000 | 89.7% | $210.63 Million | $234.74 Million | $222.12 Million | $11.49 Million | ▼ 0.0 pp |
| 1999 | 89.7% | $48.10 Million | $53.60 Million | $52.70 Million | $4.60 Million | ▼ -0.1 pp |
| 1998 | 89.8% | $15.00 Million | $16.70 Million | $16.80 Million | $1.80 Million | — |