United Therapeutics Corporation

United Therapeutics Corporation

UTHR · NASDAQ · Healthcare / Drug Manufacturers - Specialty & Generic

$498.48-1.87 (-0.37%)

Close Sep 16, 2026 · end-of-day

Market Stats

Previous Close$500.35
Open$500.62
Day Range$497.67 – $505.78
52-Week Range$409.07 – $609.35
Volume464.25K
Market Cap$20.83B
P/E (TTM)17.40
Forward P/E16.42
EPS$27.91
Dividend Yield0.00%
Beta0.56
50-Day Avg$511.82
200-Day Avg$524.45

Price History

Open in new tab
Loading price history…

About

United Therapeutics Corporation engages in the development and commercialization of products to address the unmet medical needs of patients with chronic and life-threatening diseases in the United States and internationally. It offers Tyvaso DPI, an inhaled dry powder via pre-filled and single-use cartridges; Nebulized Tyvaso, an inhaled solution via ultrasonic nebulizer; Remodulin (treprostinil) injection to treat patients with pulmonary arterial hypertension to diminish symptoms associated with exercise; Orenitram, a tablet dosage form of treprostinil, to delay disease progression and improve exercise capacity in PAH patients; and Adcirca, an oral PDE-5 inhibitor to enhance the exercise ability in PAH patients. It also markets and sells Unituxin (dinutuximab) injection, a monoclonal antibody for high-risk neuroblastoma; and Remunity Pump, which contains a pump and separate controller for Remodulin. In addition, it is involved in developing RemunityPRO Pump and Ralinepag for the treatment of PAH;and Nebulized Tyvaso, for the treatment of idiopathic pulmonary fibrosis, as well as xenografts, which are development-stage organ products. Further, it provides preclinical products, including EVLP/CLES, for lung transplant; UKidney, UHeart, UThymoKidney, a development-stage gene-edited porcine kidneys and hearts for xenotransplantation; ULobe, for allogeneic regenerative medicine; ULung, for autologous regenerative medicine; IVIVA Kidney, for autologous regenerative medicine; miroliver, for allogeneic regenerative medicine; and mirokidney, for allogeneic regenerative medicine. It has licensing and collaboration agreements with DEKA Research & Development Corp. to develop a semi-disposable system for the subcutaneous delivery of treprostinil; MannKind Corporation to develop and license treprostinil inhalation powder and the Dreamboat device; and Arena Pharmaceuticals, Inc. to develop Ralinepag. The company was founded in 1996 and is headquartered in Silver Spring, Maryland.

Company Details

Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
CEO
Dr. Martine A. Rothblatt J.D., M.B.A., Ph.D.
Employees
1.40K
Headquarters
1000 Spring Street, Silver Spring, MD, United States, 20910, USA
Website
https://www.unither.com

Leadership

  • Dr. Martine A. Rothblatt J.D., M.B.A., Ph.D.Founder, Chairman & CEO · b. 1955
  • Mr. Michael I. BenkowitzPresident & COO · b. 1972
  • Mr. James C. EdgemondCFO & Treasurer · b. 1968
  • Mr. Paul A. Mahon J.D.Executive VP, General Counsel & Corporate Secretary · b. 1964
  • Harrison SilversManager of Investor Relations
  • Ms. Holly HobsonAssociate Vice President of Human Resources
  • Mr. Patrick PoissonExecutive Vice President of Strategic Development · b. 1968
  • Dr. Leigh PetersonExecutive Vice President of Product Development & Xenotransplantation
  • Mr. Gil GoldenSenior VP & Chief Medical Officer

Financials

Income Statement

Line item2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-31
Total Revenue$3.18B$2.88B$2.33B$1.94B$1.69B$1.48B$1.45B$1.63B$1.73B$1.60B$1.47B$1.29B$1.12B$916.08M$743.18M$603.83M$369.85M$281.50M$210.94M$159.63M$115.92M$73.59M$53.34M$30.12M$5.73M$2.05M$400.00K$100.00K
Cost of Revenue$384.40M$309.70M$257.50M$146.70M$122.50M$108.10M$117.60M$198.70M$105.70M$72.70M$69.04M$125.88M$131.13M$119.30M$88.90M$73.47M$45.32M$30.07M$22.26M$17.03M$12.31M$8.25M$6.78M$5.46M$3.14M$1.71M$1.40M-
Gross Profit$2.80B$2.57B$2.07B$1.79B$1.56B$1.38B$1.33B$1.43B$1.62B$1.53B$1.40B$1.16B$985.86M$796.78M$654.28M$530.37M$324.53M$251.43M$188.68M$142.60M$103.60M$65.34M$46.56M$24.66M$2.59M$343.47K$-1.00M$100.00K
Operating Income$1.52B$1.38B$1.18B$979.70M$555.90M$593.60M$-187.60M$805.40M$814.90M$1.06B$699.01M$538.80M$292.50M$421.65M$317.78M$164.00M$26.00M$-82.06M$6.30M$28.98M$42.89M$13.21M$-11.53M$-18.00M$-46.94M$-81.50M$-35.40M$-13.30M
EBITDA$1.82B$1.65B$1.39B$1.04B$736.80M$646.30M$-74.90M$838.40M$1.05B$1.09B$1.08B$575.02M$323.76M$484.45M$341.02M$185.47M$43.04M$-67.75M$22.18M$28.98M$50.09M$17.83M$-9.20M$-14.87M$-43.23M$-81.58M$-36.66M$-13.35M
Net Income$1.33B$1.20B$984.80M$727.30M$475.80M$514.80M$-104.50M$589.20M$417.90M$713.70M$651.64M$340.07M$174.56M$304.44M$217.87M$105.92M$19.46M$-42.79M$19.86M$73.97M$65.02M$15.45M$-9.97M$-23.65M$-37.29M$-75.61M$-33.50M$-12.80M
R&D$550.00M$481.00M$408.00M$322.90M$540.10M$357.70M$1.18B$357.90M$264.60M$147.60M$245.10M$242.55M$299.35M$173.39M$180.01M$166.76M$122.19M$239.18M$83.35M$57.57M$36.05M$30.60M$35.42M$26.78M$32.59M$70.19M$30.70M$11.00M
Interest Expense$19.50M$42.90M$59.30M$32.40M$18.60M$23.50M$44.20M$13.90M$9.00M$3.90M$4.74M$17.59M$18.06M$16.64M$21.37M$19.71M$12.88M$16.00K$2.17M$482.00K$29.00K$4.00K$112.00K$117.00K$172.72K$120.03K$0-

Balance Sheet

Line item2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-31
Total Assets$7.88B$7.36B$7.17B$6.04B$5.17B$4.62B$3.91B$3.40B$2.88B$2.33B$2.18B$1.88B$2.09B$1.63B$1.52B$1.43B$1.05B$871.32M$587.02M$478.55M$291.41M$207.16M$179.50M$184.57M$212.12M$250.64M$59.90M$18.70M
Total Liabilities$783.80M$920.00M$1.18B$1.25B$1.21B$1.22B$1.13B$612.40M$777.60M$463.40M$584.80M$618.84M$783.26M$531.73M$569.59M$547.75M$398.54M$363.62M$291.23M$273.94M$16.31M$15.52M$11.74M$12.91M$15.72M$15.91M$6.30M$2.00M
Total Equity$7.10B$6.44B$5.98B$4.80B$3.96B$3.40B$2.78B$2.79B$2.10B$1.86B$1.60B$1.27B$1.30B$1.09B$948.49M$883.89M$653.01M$507.70M$295.79M$204.61M$275.10M$191.64M$167.76M$171.66M$196.40M$234.74M$53.60M$16.70M
Cash$1.56B$1.70B$1.21B$961.20M$894.80M$738.70M$738.40M$669.20M$705.10M$1.02B$831.80M$397.70M$278.89M$154.03M$162.68M$252.16M$100.35M$129.45M$139.32M$91.07M$69.18M$82.59M$68.56M$122.66M$24.37M$200.94M$18.30M$6.80M
Total Debt$37.60M$300.00M$700.00M$800.00M$800.00M$800.00M$850.00M$250.00M$250.00M-$5.39M$126.41M$286.18M$276.30M$265.63M$304.90M$250.60M$234.95M$250.00M$250.03M$23.00K$26.00K$798.00K$1.88M$1.94M$1.91M$1.90M$300.00K
Net Debt$-1.52B$-1.40B$-507.70M$-161.20M$-94.80M$61.30M$111.60M$-419.20M$-455.10M$-1.02B$-826.41M$-271.28M$1.93M$122.27M$102.96M$52.73M$150.25M$105.50M$110.68M$158.96M$-69.16M$-82.56M$-67.76M$-120.78M$-22.43M$-199.03M$-16.40M$-6.50M

Cash Flow

Line item2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-31
Operating Cash Flow$1.56B$1.33B$978.00M$802.50M$598.20M$755.70M$-206.60M$778.40M$474.20M$643.60M$382.80M$355.30M$425.27M$323.63M$250.19M$211.53M$99.72M$-49.20M$48.95M$49.39M$43.17M$20.78M$-8.56M$-22.26M$-38.90M$-31.11M$-23.70M$-9.60M
Investing Cash Flow$-551.30M$417.20M$-719.60M$-811.50M$-486.90M$-738.50M$-335.40M$-820.60M$-835.60M$48.30M$503.60M$338.50M$-294.97M$-163.36M$-121.33M$-209.24M$-160.52M$-172.48M$-21.71M$-104.03M$-71.28M$-12.87M$-47.54M$120.36M-$7.16M$-24.10M$-11.50M
Financing Cash Flow$-1.15B$-1.25B$-11.90M$75.40M$44.80M$-16.90M$611.20M$6.30M$43.30M$-497.70M$-447.00M$-576.60M$-5.12M$-169.14M$-218.08M$146.76M$36.48M$213.00M$20.88M$74.13M$14.17M$6.32M$2.01M$185.00K$-2.88M$206.61M$59.30M$22.90M
Capital Expenditure$520.50M$246.50M$230.40M$138.80M$120.80M$59.30M$83.70M$184.40M$86.30M$43.20M$49.79M$47.44M$31.91M$111.91M$35.98M$18.64M$95.40M$124.42M$38.66M$15.63M$6.12M$5.22M$7.00M$3.58M$687.29K$639.88K$2.30M$1.00M
Free Cash Flow$1.04B$1.08B$747.60M$663.70M$477.40M$696.40M$-290.30M$594.00M$387.90M$600.40M$333.01M$307.86M$393.36M$211.72M$214.22M$192.89M$2.22M$-173.59M$10.43M$36.15M$37.58M$15.56M$-15.57M$-25.84M$-39.59M$-31.75M$-26.00M$-10.60M
Dividends Paid--$98.00M$94.30M-$38.50M$14.00M-$0$7.70M$39.31M$190.17M$26.61M$0$0$0--$29.60M---------

Earnings

Report DateNov 4, 2026Aug 5, 2026May 6, 2026Feb 25, 2026Oct 29, 2025Jul 30, 2025Apr 30, 2025Feb 19, 2025Oct 30, 2024Jul 31, 2024May 1, 2024Feb 21, 2024Nov 1, 2023Aug 2, 2023May 3, 2023Feb 22, 2023Nov 2, 2022Aug 3, 2022May 4, 2022Feb 24, 2022Nov 3, 2021Aug 4, 2021May 5, 2021Feb 24, 2021Oct 28, 2020Jul 29, 2020Apr 29, 2020Feb 26, 2020Oct 30, 2019Jul 31, 2019May 1, 2019Feb 27, 2019Oct 31, 2018Aug 1, 2018May 2, 2018Feb 21, 2018Oct 25, 2017Jul 27, 2017Apr 26, 2017Feb 22, 2017Oct 27, 2016Jul 28, 2016Apr 28, 2016Feb 25, 2016Oct 27, 2015Jul 28, 2015Apr 28, 2015Feb 24, 2015Oct 28, 2014Jul 29, 2014Apr 29, 2014Feb 25, 2014Oct 29, 2013Jul 25, 2013Apr 25, 2013Feb 26, 2013Nov 1, 2012Jul 26, 2012Apr 26, 2012Feb 14, 2012Oct 27, 2011Jul 28, 2011Apr 28, 2011Feb 15, 2011Oct 28, 2010Jul 28, 2010Apr 29, 2010Feb 16, 2010Oct 29, 2009Jul 31, 2009May 1, 2009Feb 17, 2009Oct 30, 2008Jul 31, 2008May 1, 2008Feb 19, 2008Nov 1, 2007Jul 31, 2007May 1, 2007Feb 20, 2007Oct 31, 2006Aug 1, 2006May 2, 2006Feb 21, 2006Oct 31, 2005Aug 2, 2005May 3, 2005Feb 22, 2005Nov 3, 2004Aug 3, 2004May 6, 2004Feb 24, 2004Nov 6, 2003Aug 5, 2003May 6, 2003Feb 25, 2003Nov 8, 2002Jun 30, 2002Mar 31, 2002Dec 31, 2001Sep 30, 2001Aug 10, 2001May 9, 2001Mar 21, 2001Nov 1, 2000Aug 8, 2000May 9, 2000Mar 2, 2000Nov 8, 1999Jun 30, 1999
EPS Estimate$6.38$6.82$6.86$7.10$6.96$7.30$6.54$6.27$7.12$6.41$5.59$4.19$5.04$4.78$4.71$4.51$3.77$4.54$3.07$3.72$3.58$3.56$3.49$3.14$3.34$3.28$3.39$2.68$2.90$2.74$2.77$2.55$3.03$3.42$4.00$3.89$4.80$3.66$3.82$3.61$3.79$3.16$3.16$2.55$3.39$2.31$2.13$2.03$1.93$1.70$1.54$1.51$1.64$1.51$1.47$1.25$1.26$1.13$0.93$0.87$0.73$0.53$0.92$0.62$0.63$0.63$0.29$0.31$0.31$0.29$0.31$0.26$0.29$0.28$0.27$0.22$0.16$0.15$0.14$0.35$0.14$0.10$0.25$0.33$0.24$0.17$0.14$0.10$0.08$0.01$-0.01$-0.04$-0.03$-0.05$-0.09$-0.08$-0.29----$-0.24$-0.23$-0.22$-0.33$-0.28$-0.24$-0.28$-0.26-
EPS Actual-$7.27$5.82$7.70$7.16$6.41$6.63$6.19$7.07$5.85$6.17$4.36$5.38$5.24$4.86$2.67$4.91$3.46$5.03$2.35$3.42$4.09$3.49$2.19$3.88$3.68$3.61$1.20$3.83$3.63$-11.32$1.48$2.42$4.36$3.76$3.89$4.69$4.37$3.61$2.49$4.36$4.39$3.02$2.10$9.24$1.91$-0.36$2.37$-0.53$2.10$2.43$-0.60$1.17$1.52$1.19$1.60$1.46$1.34$1.29$0.77$1.38$1.18$0.32$0.15$0.66$0.62$0.32$-0.06$0.21$-0.04$0.28$-1.71$0.25$0.30$0.24$0.04$0.33$0.13$-0.06$0.38$0.17$0.15$0.20$0.57$0.31$0.25$0.16$0.14$0.14$0.09$-0.04$-0.07$-0.03$-0.05$-0.07$-0.06$-0.29$-0.08$-0.14$-0.18$-0.24$-0.26$-0.23$-0.29$-0.17$-0.24$-0.22$-0.28$-0.20$-0.27
Surprise-6.60%-15.16%8.45%2.87%-12.19%1.38%-1.23%-0.70%-8.74%10.38%4.06%6.75%9.62%3.18%-40.80%30.24%-23.79%63.84%-36.83%-4.47%14.89%0.00%-30.25%16.17%12.20%6.49%-55.22%32.07%32.48%-508.66%-41.96%-20.13%27.49%-6.00%0.00%-2.29%19.40%-5.50%-31.02%15.04%38.92%-4.43%-17.65%172.57%-17.32%-116.90%16.75%-127.46%23.53%57.79%-139.74%-28.66%0.66%-19.05%28.00%15.87%18.58%38.71%-11.49%89.04%122.64%-65.22%-75.81%4.76%-1.59%10.34%-119.35%-32.26%-113.79%-9.68%-757.69%-13.79%7.14%-11.11%-81.82%106.25%-13.33%-142.86%8.57%21.43%50.00%-20.00%72.73%29.17%47.06%14.29%40.00%75.00%800.00%-300.00%-75.00%0.00%0.00%22.22%25.00%0.00%-----8.33%0.00%-31.82%48.48%14.29%8.33%0.00%23.08%-
Timing-Pre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-market------Pre-marketAfter-hoursAfter-hoursPre-market---

Key Statistics & Ratios

Market Cap
$20.83B
Enterprise Value
$18.22B
Trailing P/E
17.40
Forward P/E
16.42
PEG Ratio
2.22
Price / Sales
6.60
Price / Book
3.33
EPS
$27.91
Book Value
$149.97
Revenue (TTM)
$3.15B
Gross Profit (TTM)
$2.72B
EBITDA
$1.50B
Profit Margin
41.56%
Operating Margin
42.23%
Return on Equity
19.32%
Return on Assets
11.61%
Shares Outstanding
42.89M
Shares Float
39.21M
Beta
0.56
Dividend Yield
0.00%
Dividend Rate
$0
Payout Ratio
0.00%

Analyst Ratings

Sell
Based on 15 analystsTarget $637.92
  • Strong Buy
    9
  • Buy
    3
  • Hold
    3

Ownership Breakdown

Institutions
99.87%
Insiders
2.00%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    5.40M12.37%
  • venBio Select Advisor LLC
    2.63M6.03%
  • Vanguard Portfolio Management, LLC
    2.00M4.59%
  • Vanguard Capital Management, LLC
    1.96M4.49%
  • State Street Corp
    1.84M4.23%
  • Renaissance Technologies Corp
    1.79M4.09%
  • Wellington Management Company LLP
    1.38M3.16%
  • Geode Capital Management, LLC
    1.23M2.83%
  • HHG PLC
    866.93K1.99%
  • AQR Capital Management LLC
    826.23K1.89%
  • NORGES BANK
    694.75K1.59%
  • Genworth Financial Wealth Mgmt Inc
    616.05K1.41%
  • Amvescap Plc.
    608.37K1.39%
  • FMR Inc
    528.35K1.21%
  • Dimensional Fund Advisors, Inc.
    527.90K1.21%
  • Baillie Gifford & Co Limited.
    467.21K1.07%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    1.49M3.41%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.35M3.09%
  • Vanguard Small Cap Index
    976.67K2.24%
  • Vanguard Health Care Inv
    756.63K1.73%

Stock Splits

  • Sep 23, 20092:1