StockCV
Gilead Sciences Inc logo

Gilead Sciences Inc

Biotechnology

$151.20
+2.79%
Market cap $187B

Gilead Sciences develops and markets therapies to treat and prevent life-threatening infectious diseases, with the core of its portfolio focused on HIV and hepatitis B and C.

It is a $187B healthcare company. Revenue grew 5.5% over the last year, it currently loses money, and its net debt equals ~1.9 years of free cash flow.

Website
gilead.com
Location
Foster City, CA
Employees
17 000
Sector
Healthcare

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation64Growth48Profitability20Health42Quality50Moat82

Strong moat; Growth, Profitability and Health lag behind.

Valuation64
  • P/E vs own history22th pct · 20/25
  • FCF yield6.9% · 20/25
  • P/S6.2x · 12/25
  • EV/EBITDA19.3x · 12/25
Growth48
  • Revenue CAGR1.9% · 6/25
  • Net income CAGR8.1% · 12/25
  • EPS CAGR ~5Y133.6% · 25/25
  • Fwd implied growth0.0% · 5/25
Profitability20
  • ROIC17.9% · 20/25
  • ROE-16.3% · 0/25
  • Net margin-10.6% · 0/25
  • Operating margin-8.2% · 0/25
Health42
  • Altman Zn/a · 0/25
  • Current ratio1.27 · 12/25
  • Interest coverage44.7x · 25/25
  • Net cash / debtD/A 42% · 5/25
Quality50
  • Piotroski F8/9 · 25/25
  • Beneish M-2.55 · 25/25
  • FCF conversionn/a · 0/25
  • Margin stabilityσ 26.9% · 0/25
Moat82
  • ROIC >12% years8/10 yrs · 20/25
  • Median gross margin79.0% · 25/25
  • FCF-positive years10/10 yrs · 25/25
  • Worst-year net marginworst 0.5% · 12/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. 2020Acquisition
    Gilead announced it had reached a deal to acquire Immunomedics for $21 billion ($88 per share),…
  2. FY2018Financial
    Became debt-free
    cash now exceeds total debt
  3. FY2016Financial
    Profitable every year on record
    10 consecutive profitable years in our data
  4. FY2016Financial
    Revenue already above $10B
    $30.4B in first reported year
  5. FY2016Financial
    Positive free cash flow every year since
    10-year streak
  6. FY2016Financial
    Best year on record
    $13.5B net income
  7. 2011Acquisition
    The company acquired Calistoga Pharmaceuticals for ($225 million plus milestone payments)
  8. 2009Acquisition
    The company acquired CV Therapeutics, Inc. for $1.4 billion, bringing Ranexa and Lexiscan into Gilead
  9. 2009Milestone
    Riordan also recruited scientific advisers, including Harold Varmus, a Nobel laureate who later became Director of…
  10. 2006Acquisition
    Gilead purchased Raylo Chemicals, Inc. in November 2006, for a price of
  11. 2002Acquisition
    Gilead and Triangle Pharmaceuticals announced that Gilead would acquire Triangle for around $464…
  12. 1999Acquisition
    Gilead acquired NeXstar Pharmaceuticals of Boulder, Colorado
  13. 1996Product
    Gilead launched Vistide (cidofovir injection) for the treatment of cytomegalovirus (CMV) retinitis in…
  14. 1992IPO
    Gilead held its initial public offering in 1992, and successfully developed drugs including Tamiflu and Vistide that…
  15. 1992Product
    Gilead debuted on the NASDAQ in January 1992

Achievements

Verifiable track record, straight from the reported numbers.

#10 largest of 98 Healthcare companies by market cap
$10 000 invested in 2021 would be worth ~$21 462 today — price return only
$29.4B revenue in FY2025
Revenue up 5.5% year over year
Profitable 10 years in a row
Positive free cash flow 10 years in a row
17 000 employees
ROIC of 17.9%

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • High gross margin (79.6%)
  • Strong cash conversion — FCF is 42.5% of revenue
  • Interest covered 44.7× by operating earnings
  • High returns on invested capital (ROIC 17.9%)
  • Piotroski F-Score 8/9 — fundamentally strong checklist

Watch-outs

  • Not profitable — 10.6% net margin

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 11 checks passed
  • Revenue growing+5.5% YoY
  • Profitable-$3.24B TTM
  • Profit growing+23.1% YoY
  • Generates cash$12.9B TTM
  • Debt under control~1.9y of cash flow to repay
  • Established company$187B market cap
  • Not printing shares-0.6% shares over ~5y
  • Proven track record10/10 profitable years
  • Financially stablehealth score 37/100
  • Pays a dividendyield 3.24%
  • Valuation not extremeP/E 22.0
Peer comparisonGilead Sciences Inc vs 6 largest healthcare peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
GILD this company$187.5B22.0+5.5%-10.6%Mixed
LLY Eli Lilly & Co.$1.0T41.6+49.6%33.5%Solid
JNJ Johnson & Johnson$630.9B29.9+8.1%21.5%Mixed
ABBV Abbvie Inc.$488.5B77.4+10.4%9.8%Mixed
MRK Merck & Co., Inc.$361.0B113.2+4.6%4.8%Mixed
UNH UNITEDHEALTH GROUP INCORPORATED (Delaware)$340.7B24.1+6.5%3.1%Mixed
NVS Novartis AG$273.2B20.3+9.6%24.7%Solid

Head-to-head: GILD vs LLY · GILD vs JNJ · GILD vs ABBV

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 9Buy 21Hold 7

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of GILD on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $151.20 · market cap $187B.