Biotechnology
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INSM vs BMRN
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
INSM vs BMRN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Biotechnology |
| Market Cap | $29.14B | $10.50B |
| Revenue (TTM) | $447M | $3.24B |
| Net Income (TTM) | $-1.18B | $269M |
| Gross Margin | 70.0% | 75.9% |
| Operating Margin | -272.1% | 13.8% |
| Forward P/E | — | 12.7x |
| Total Debt | $46M | $643M |
| Cash & Equiv. | $510M | $1.31B |
INSM vs BMRN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Insmed Incorporated (INSM) | 100 | 564.4 | +464.4% |
| BioMarin Pharmaceut… (BMRN) | 100 | 51.2 | -48.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: INSM vs BMRN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
INSM carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 0.54
- Rev growth 66.7%, EPS growth -15.3%, 3Y rev CAGR 35.2%
- 11.3% 10Y total return vs BMRN's -32.4%
BMRN is the clearest fit if your priority is quality and efficiency.
- 8.3% margin vs INSM's -264.8%
- 3.4% ROA vs INSM's -50.1%, ROIC 7.4% vs -141.8%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 66.7% revenue growth vs BMRN's 12.9% | |
| Quality / Margins | 8.3% margin vs INSM's -264.8% | |
| Stability / Safety | Beta 0.54 vs BMRN's 0.65, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +102.0% vs BMRN's -8.5% | |
| Efficiency (ROA) | 3.4% ROA vs INSM's -50.1%, ROIC 7.4% vs -141.8% |
INSM vs BMRN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
INSM vs BMRN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
BMRN leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
BMRN is the larger business by revenue, generating $3.2B annually — 7.3x INSM's $447M. BMRN is the more profitable business, keeping 8.3% of every revenue dollar as net income compared to INSM's -2.6%. On growth, INSM holds the edge at +52.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $447M | $3.2B |
| EBITDAEarnings before interest/tax | -$1.2B | $521M |
| Net IncomeAfter-tax profit | -$1.2B | $269M |
| Free Cash FlowCash after capex | -$906M | $767M |
| Gross MarginGross profit ÷ Revenue | +70.0% | +75.9% |
| Operating MarginEBIT ÷ Revenue | -2.7% | +13.8% |
| Net MarginNet income ÷ Revenue | -2.6% | +8.3% |
| FCF MarginFCF ÷ Revenue | -2.0% | +23.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +52.4% | +2.8% |
| EPS Growth (YoY)Latest quarter vs prior year | -37.8% | -43.2% |
Valuation Metrics
BMRN leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $29.1B | $10.5B |
| Enterprise ValueMkt cap + debt − cash | $28.7B | $9.8B |
| Trailing P/EPrice ÷ TTM EPS | -21.35x | 30.33x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 12.71x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | 16.04x |
| Price / SalesMarket cap ÷ Revenue | 48.06x | 3.26x |
| Price / BookPrice ÷ Book value/share | 36.92x | 1.77x |
| Price / FCFMarket cap ÷ FCF | — | 14.48x |
Profitability & Efficiency
BMRN leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
BMRN delivers a 4.4% return on equity — every $100 of shareholder capital generates $4 in annual profit, vs $-125 for INSM. INSM carries lower financial leverage with a 0.06x debt-to-equity ratio, signaling a more conservative balance sheet compared to BMRN's 0.11x. On the Piotroski fundamental quality scale (0–9), BMRN scores 5/9 vs INSM's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -125.2% | +4.4% |
| ROA (TTM)Return on assets | -50.1% | +3.4% |
| ROICReturn on invested capital | -141.8% | +7.4% |
| ROCEReturn on capital employed | -70.8% | +8.1% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 |
| Debt / EquityFinancial leverage | 0.06x | 0.11x |
| Net DebtTotal debt minus cash | -$465M | -$669M |
| Cash & Equiv.Liquid assets | $510M | $1.3B |
| Total DebtShort + long-term debt | $46M | $643M |
| Interest CoverageEBIT ÷ Interest expense | -12.98x | 16.96x |
Total Returns (Dividends Reinvested)
INSM leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in INSM five years ago would be worth $42,182 today (with dividends reinvested), compared to $6,946 for BMRN. Over the past 12 months, INSM leads with a +102.0% total return vs BMRN's -8.5%. The 3-year compound annual growth rate (CAGR) favors INSM at 93.6% vs BMRN's -17.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -22.6% | -8.2% |
| 1-Year ReturnPast 12 months | +102.0% | -8.5% |
| 3-Year ReturnCumulative with dividends | +625.3% | -43.1% |
| 5-Year ReturnCumulative with dividends | +321.8% | -30.5% |
| 10-Year ReturnCumulative with dividends | +1133.9% | -32.4% |
| CAGR (3Y)Annualised 3-year return | +93.6% | -17.1% |
Risk & Volatility
Evenly matched — INSM and BMRN each lead in 1 of 2 comparable metrics.
Risk & Volatility
INSM is the less volatile stock with a 0.54 beta — it tends to amplify market swings less than BMRN's 0.65 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BMRN currently trades 82.4% from its 52-week high vs INSM's 64.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.54x | 0.65x |
| 52-Week HighHighest price in past year | $212.75 | $66.28 |
| 52-Week LowLowest price in past year | $63.81 | $50.76 |
| % of 52W HighCurrent price vs 52-week peak | +64.4% | +82.4% |
| RSI (14)Momentum oscillator 0–100 | 44.5 | 41.9 |
| Avg Volume (50D)Average daily shares traded | 2.1M | 1.8M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates INSM as "Buy" and BMRN as "Buy". Consensus price targets imply 64.2% upside for BMRN (target: $90) vs 58.4% for INSM (target: $217).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $217.11 | $89.64 |
| # AnalystsCovering analysts | 35 | 41 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
BMRN leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). INSM leads in 1 (Total Returns). 1 tied.
INSM vs BMRN: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is INSM or BMRN a better buy right now?
For growth investors, Insmed Incorporated (INSM) is the stronger pick with 66.
7% revenue growth year-over-year, versus 12. 9% for BioMarin Pharmaceutical Inc. (BMRN). BioMarin Pharmaceutical Inc. (BMRN) offers the better valuation at 30. 3x trailing P/E (12. 7x forward), making it the more compelling value choice. Analysts rate Insmed Incorporated (INSM) a "Buy" — based on 35 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — INSM or BMRN?
Over the past 5 years, Insmed Incorporated (INSM) delivered a total return of +321.
8%, compared to -30. 5% for BioMarin Pharmaceutical Inc. (BMRN). Over 10 years, the gap is even starker: INSM returned +1134% versus BMRN's -32. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — INSM or BMRN?
By beta (market sensitivity over 5 years), Insmed Incorporated (INSM) is the lower-risk stock at 0.
54β versus BioMarin Pharmaceutical Inc. 's 0. 65β — meaning BMRN is approximately 21% more volatile than INSM relative to the S&P 500. On balance sheet safety, Insmed Incorporated (INSM) carries a lower debt/equity ratio of 6% versus 11% for BioMarin Pharmaceutical Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — INSM or BMRN?
By revenue growth (latest reported year), Insmed Incorporated (INSM) is pulling ahead at 66.
7% versus 12. 9% for BioMarin Pharmaceutical Inc. (BMRN). On earnings-per-share growth, the picture is similar: Insmed Incorporated grew EPS -15. 3% year-over-year, compared to -18. 6% for BioMarin Pharmaceutical Inc.. Over a 3-year CAGR, INSM leads at 35. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — INSM or BMRN?
BioMarin Pharmaceutical Inc.
(BMRN) is the more profitable company, earning 10. 8% net margin versus -210. 5% for Insmed Incorporated — meaning it keeps 10. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BMRN leads at 16. 6% versus -205. 6% for INSM. At the gross margin level — before operating expenses — INSM leads at 79. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is INSM or BMRN more undervalued right now?
Analyst consensus price targets imply the most upside for BMRN: 64.
2% to $89. 64.
07Which pays a better dividend — INSM or BMRN?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
08Is INSM or BMRN better for a retirement portfolio?
For long-horizon retirement investors, Insmed Incorporated (INSM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
54), +1134% 10Y return). Both have compounded well over 10 years (INSM: +1134%, BMRN: -32. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between INSM and BMRN?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: INSM is a mid-cap high-growth stock; BMRN is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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