Compare Stocks

4 / 10
Try these comparisons:

Stock Comparison

BIIB vs ALNY vs REGN vs IONS

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
BIIB
Biogen Inc.

Drug Manufacturers - General

HealthcareNASDAQ • US
Market Cap$28.25B
5Y Perf.-37.7%
ALNY
Alnylam Pharmaceuticals, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$39.48B
5Y Perf.+118.8%
REGN
Regeneron Pharmaceuticals, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$73.68B
5Y Perf.+15.7%
IONS
Ionis Pharmaceuticals, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$12.56B
5Y Perf.+35.2%

BIIB vs ALNY vs REGN vs IONS — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
BIIB logoBIIB
ALNY logoALNY
REGN logoREGN
IONS logoIONS
IndustryDrug Manufacturers - GeneralBiotechnologyBiotechnologyBiotechnology
Market Cap$28.25B$39.48B$73.68B$12.56B
Revenue (TTM)$9.86B$4.29B$14.92B$1.06B
Net Income (TTM)$1.37B$577M$4.42B$-327M
Gross Margin69.8%80.9%84.5%98.3%
Operating Margin15.6%17.5%24.3%-33.3%
Forward P/E13.0x44.2x15.3x
Total Debt$6.95B$1.28B$2.71B$2.61B
Cash & Equiv.$3.01B$1.66B$3.12B$372M

BIIB vs ALNY vs REGN vs IONSLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

BIIB
ALNY
REGN
IONS
StockMay 20May 26Return
Biogen Inc. (BIIB)10062.3-37.7%
Alnylam Pharmaceuti… (ALNY)100218.8+118.8%
Regeneron Pharmaceu… (REGN)100115.7+15.7%
Ionis Pharmaceutica… (IONS)100135.2+35.2%

Price return only. Dividends and distributions are not included.

Quick Verdict: BIIB vs ALNY vs REGN vs IONS

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: ALNY and REGN are tied at the top with 2 categories each — the right choice depends on your priorities. Regeneron Pharmaceuticals, Inc. is the stronger pick specifically for profitability and margin quality and dividend income and shareholder returns. IONS and BIIB also each lead in at least one category. As sector peers, any of these can serve as alternatives in the same allocation.
BIIB
Biogen Inc.
The Income Pick

BIIB is the clearest fit if your priority is income & stability.

  • Dividend streak 0 yrs, beta 0.64
  • Better valuation composite
Best for: income & stability
ALNY
Alnylam Pharmaceuticals, Inc.
The Growth Play

ALNY has the current edge in this matchup, primarily because of its strength in growth exposure and long-term compounding.

  • Rev growth 65.2%, EPS growth 206.9%, 3Y rev CAGR 53.0%
  • 411.9% 10Y total return vs IONS's 121.1%
  • 65.2% revenue growth vs REGN's 1.0%
  • 11.8% ROA vs IONS's -10.1%, ROIC 33.4% vs -12.8%
Best for: growth exposure and long-term compounding
REGN
Regeneron Pharmaceuticals, Inc.
The Quality Compounder

REGN is the #2 pick in this set and the best alternative if quality and dividends is your priority.

  • 29.6% margin vs IONS's -30.9%
  • 0.5% yield; 1-year raise streak; the other 3 pay no meaningful dividend
Best for: quality and dividends
IONS
Ionis Pharmaceuticals, Inc.
The Defensive Pick

IONS is the clearest fit if your priority is sleep-well-at-night and defensive.

  • Lower volatility, beta 0.55, current ratio 3.83x
  • Beta 0.55, current ratio 3.83x
  • Beta 0.55 vs REGN's 0.81
  • +129.9% vs ALNY's +7.0%
Best for: sleep-well-at-night and defensive
See the full category breakdown
CategoryWinnerWhy
GrowthALNY logoALNY65.2% revenue growth vs REGN's 1.0%
ValueBIIB logoBIIBBetter valuation composite
Quality / MarginsREGN logoREGN29.6% margin vs IONS's -30.9%
Stability / SafetyIONS logoIONSBeta 0.55 vs REGN's 0.81
DividendsREGN logoREGN0.5% yield; 1-year raise streak; the other 3 pay no meaningful dividend
Momentum (1Y)IONS logoIONS+129.9% vs ALNY's +7.0%
Efficiency (ROA)ALNY logoALNY11.8% ROA vs IONS's -10.1%, ROIC 33.4% vs -12.8%

BIIB vs ALNY vs REGN vs IONS — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

BIIBBiogen Inc.
FY 2025
MS Product Revenues
42.0%$4.0B
TYSABRI product
17.3%$1.7B
SPINRAZA
16.1%$1.5B
Fumarate
14.8%$1.4B
Interferon
9.8%$946M
ALNYAlnylam Pharmaceuticals, Inc.
FY 2025
GIVLAARI
64.1%$308M
ONPATTRO
35.9%$173M
REGNRegeneron Pharmaceuticals, Inc.
FY 2025
Collaboration Revenue
51.1%$7.3B
Product
44.0%$6.3B
Product and Service, Other
4.9%$703M
IONSIonis Pharmaceuticals, Inc.
FY 2025
Commercial Member
52.1%$436M
Royalty
34.1%$286M
Product
13.8%$115M

BIIB vs ALNY vs REGN vs IONS — Financial Metrics

Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLREGNLAGGINGIONS

Income & Cash Flow (Last 12 Months)

REGN leads this category, winning 3 of 6 comparable metrics.

REGN is the larger business by revenue, generating $14.9B annually — 14.1x IONS's $1.1B. REGN is the more profitable business, keeping 29.6% of every revenue dollar as net income compared to IONS's -30.9%. On growth, ALNY holds the edge at +96.4% YoY revenue growth, suggesting stronger near-term business momentum.

MetricBIIB logoBIIBBiogen Inc.ALNY logoALNYAlnylam Pharmaceu…REGN logoREGNRegeneron Pharmac…IONS logoIONSIonis Pharmaceuti…
RevenueTrailing 12 months$9.9B$4.3B$14.9B$1.1B
EBITDAEarnings before interest/tax$2.4B$677M$4.2B$4.5B
Net IncomeAfter-tax profit$1.4B$577M$4.4B-$327M
Free Cash FlowCash after capex$2.6B$641M$4.2B-$971M
Gross MarginGross profit ÷ Revenue+69.8%+80.9%+84.5%+98.3%
Operating MarginEBIT ÷ Revenue+15.6%+17.5%+24.3%-33.3%
Net MarginNet income ÷ Revenue+13.9%+13.5%+29.6%-30.9%
FCF MarginFCF ÷ Revenue+26.6%+15.0%+27.9%-91.8%
Rev. Growth (YoY)Latest quarter vs prior year+1.9%+96.4%+19.0%+87.0%
EPS Growth (YoY)Latest quarter vs prior year+31.1%+4.4%-7.2%+39.8%
REGN leads this category, winning 3 of 6 comparable metrics.

Valuation Metrics

BIIB leads this category, winning 5 of 6 comparable metrics.

At 17.1x trailing earnings, REGN trades at a 87% valuation discount to ALNY's 127.0x P/E. On an enterprise value basis, BIIB's 11.4x EV/EBITDA is more attractive than ALNY's 70.2x.

MetricBIIB logoBIIBBiogen Inc.ALNY logoALNYAlnylam Pharmaceu…REGN logoREGNRegeneron Pharmac…IONS logoIONSIonis Pharmaceuti…
Market CapShares × price$28.3B$39.5B$73.7B$12.6B
Enterprise ValueMkt cap + debt − cash$32.2B$39.1B$73.3B$14.8B
Trailing P/EPrice ÷ TTM EPS21.67x127.00x17.09x-31.94x
Forward P/EPrice ÷ next-FY EPS est.13.05x44.18x15.35x
PEG RatioP/E ÷ EPS growth rate2.70x
EV / EBITDAEnterprise value multiple11.45x70.17x17.78x
Price / SalesMarket cap ÷ Revenue2.88x10.63x5.14x13.31x
Price / BookPrice ÷ Book value/share1.54x50.50x2.46x24.87x
Price / FCFMarket cap ÷ FCF13.78x84.84x18.06x
BIIB leads this category, winning 5 of 6 comparable metrics.

Profitability & Efficiency

ALNY leads this category, winning 6 of 9 comparable metrics.

ALNY delivers a 98.3% return on equity — every $100 of shareholder capital generates $98 in annual profit, vs $-59 for IONS. REGN carries lower financial leverage with a 0.09x debt-to-equity ratio, signaling a more conservative balance sheet compared to IONS's 5.35x. On the Piotroski fundamental quality scale (0–9), ALNY scores 6/9 vs IONS's 3/9, reflecting solid financial health.

MetricBIIB logoBIIBBiogen Inc.ALNY logoALNYAlnylam Pharmaceu…REGN logoREGNRegeneron Pharmac…IONS logoIONSIonis Pharmaceuti…
ROE (TTM)Return on equity+7.5%+98.3%+14.3%-58.6%
ROA (TTM)Return on assets+4.7%+11.8%+11.1%-10.1%
ROICReturn on invested capital+6.5%+33.4%+8.9%-12.8%
ROCEReturn on capital employed+7.7%+15.3%+10.2%-14.1%
Piotroski ScoreFundamental quality 0–95653
Debt / EquityFinancial leverage0.38x1.62x0.09x5.35x
Net DebtTotal debt minus cash$3.9B-$379M-$412M$2.2B
Cash & Equiv.Liquid assets$3.0B$1.7B$3.1B$372M
Total DebtShort + long-term debt$6.9B$1.3B$2.7B$2.6B
Interest CoverageEBIT ÷ Interest expense6.91x2.02x108.44x-3.64x
ALNY leads this category, winning 6 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

IONS leads this category, winning 3 of 6 comparable metrics.

A $10,000 investment in ALNY five years ago would be worth $22,537 today (with dividends reinvested), compared to $6,984 for BIIB. Over the past 12 months, IONS leads with a +129.9% total return vs ALNY's +7.0%. The 3-year compound annual growth rate (CAGR) favors IONS at 29.3% vs BIIB's -15.2% — a key indicator of consistent wealth creation.

MetricBIIB logoBIIBBiogen Inc.ALNY logoALNYAlnylam Pharmaceu…REGN logoREGNRegeneron Pharmac…IONS logoIONSIonis Pharmaceuti…
YTD ReturnYear-to-date+7.6%-26.1%-8.5%-4.6%
1-Year ReturnPast 12 months+63.3%+7.0%+27.1%+129.9%
3-Year ReturnCumulative with dividends-39.1%+40.9%-5.1%+116.1%
5-Year ReturnCumulative with dividends-30.2%+125.4%+43.6%+108.0%
10-Year ReturnCumulative with dividends-29.2%+411.9%+90.0%+121.1%
CAGR (3Y)Annualised 3-year return-15.2%+12.1%-1.7%+29.3%
IONS leads this category, winning 3 of 6 comparable metrics.

Risk & Volatility

Evenly matched — BIIB and IONS each lead in 1 of 2 comparable metrics.

IONS is the less volatile stock with a 0.55 beta — it tends to amplify market swings less than REGN's 0.81 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BIIB currently trades 94.6% from its 52-week high vs ALNY's 59.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricBIIB logoBIIBBiogen Inc.ALNY logoALNYAlnylam Pharmaceu…REGN logoREGNRegeneron Pharmac…IONS logoIONSIonis Pharmaceuti…
Beta (5Y)Sensitivity to S&P 5000.64x0.71x0.81x0.55x
52-Week HighHighest price in past year$202.41$495.55$821.11$86.74
52-Week LowLowest price in past year$115.25$245.96$476.49$31.66
% of 52W HighCurrent price vs 52-week peak+94.6%+59.7%+86.4%+87.6%
RSI (14)Momentum oscillator 0–10056.643.844.958.8
Avg Volume (50D)Average daily shares traded1.0M1.1M631K2.0M
Evenly matched — BIIB and IONS each lead in 1 of 2 comparable metrics.

Analyst Outlook

REGN leads this category, winning 1 of 1 comparable metric.

Analyst consensus: BIIB as "Buy", ALNY as "Buy", REGN as "Buy", IONS as "Buy". Consensus price targets imply 50.6% upside for ALNY (target: $446) vs 10.5% for BIIB (target: $211). REGN is the only dividend payer here at 0.48% yield — a key consideration for income-focused portfolios.

MetricBIIB logoBIIBBiogen Inc.ALNY logoALNYAlnylam Pharmaceu…REGN logoREGNRegeneron Pharmac…IONS logoIONSIonis Pharmaceuti…
Analyst RatingConsensus buy/hold/sellBuyBuyBuyBuy
Price TargetConsensus 12-month target$211.42$445.67$865.68$107.27
# AnalystsCovering analysts48524832
Dividend YieldAnnual dividend ÷ price+0.5%
Dividend StreakConsecutive years of raises01
Dividend / ShareAnnual DPS$3.41
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%+5.4%0.0%
REGN leads this category, winning 1 of 1 comparable metric.
Key Takeaway

REGN leads in 2 of 6 categories (Income & Cash Flow, Analyst Outlook). BIIB leads in 1 (Valuation Metrics). 1 tied.

Best OverallRegeneron Pharmaceuticals, … (REGN)Leads 2 of 6 categories
Loading custom metrics...

BIIB vs ALNY vs REGN vs IONS: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is BIIB or ALNY or REGN or IONS a better buy right now?

For growth investors, Alnylam Pharmaceuticals, Inc.

(ALNY) is the stronger pick with 65. 2% revenue growth year-over-year, versus 1. 0% for Regeneron Pharmaceuticals, Inc. (REGN). Regeneron Pharmaceuticals, Inc. (REGN) offers the better valuation at 17. 1x trailing P/E (15. 3x forward), making it the more compelling value choice. Analysts rate Biogen Inc. (BIIB) a "Buy" — based on 48 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.

02

Which has the better valuation — BIIB or ALNY or REGN or IONS?

On trailing P/E, Regeneron Pharmaceuticals, Inc.

(REGN) is the cheapest at 17. 1x versus Alnylam Pharmaceuticals, Inc. at 127. 0x. On forward P/E, Biogen Inc. is actually cheaper at 13. 0x — notably different from the trailing picture, reflecting expected earnings growth.

03

Which is the better long-term investment — BIIB or ALNY or REGN or IONS?

Over the past 5 years, Alnylam Pharmaceuticals, Inc.

(ALNY) delivered a total return of +125. 4%, compared to -30. 2% for Biogen Inc. (BIIB). Over 10 years, the gap is even starker: ALNY returned +411. 9% versus BIIB's -29. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — BIIB or ALNY or REGN or IONS?

By beta (market sensitivity over 5 years), Ionis Pharmaceuticals, Inc.

(IONS) is the lower-risk stock at 0. 55β versus Regeneron Pharmaceuticals, Inc. 's 0. 81β — meaning REGN is approximately 48% more volatile than IONS relative to the S&P 500. On balance sheet safety, Regeneron Pharmaceuticals, Inc. (REGN) carries a lower debt/equity ratio of 9% versus 5% for Ionis Pharmaceuticals, Inc. — giving it more financial flexibility in a downturn.

05

Which is growing faster — BIIB or ALNY or REGN or IONS?

By revenue growth (latest reported year), Alnylam Pharmaceuticals, Inc.

(ALNY) is pulling ahead at 65. 2% versus 1. 0% for Regeneron Pharmaceuticals, Inc. (REGN). On earnings-per-share growth, the picture is similar: Alnylam Pharmaceuticals, Inc. grew EPS 206. 9% year-over-year, compared to -21. 1% for Biogen Inc.. Over a 3-year CAGR, ALNY leads at 53. 0% 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.

06

Which has better profit margins — BIIB or ALNY or REGN or IONS?

Regeneron Pharmaceuticals, Inc.

(REGN) is the more profitable company, earning 31. 4% net margin versus -40. 4% for Ionis Pharmaceuticals, Inc. — meaning it keeps 31. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: REGN leads at 24. 9% versus -40. 5% for IONS. At the gross margin level — before operating expenses — IONS leads at 98. 3%, 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.

07

Is BIIB or ALNY or REGN or IONS more undervalued right now?

On forward earnings alone, Biogen Inc.

(BIIB) trades at 13. 0x forward P/E versus 44. 2x for Alnylam Pharmaceuticals, Inc. — 31. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ALNY: 50. 6% to $445. 67.

08

Which pays a better dividend — BIIB or ALNY or REGN or IONS?

In this comparison, REGN (0.

5% yield) pays a dividend. BIIB, ALNY, IONS do not pay a meaningful dividend and should not be held primarily for income.

09

Is BIIB or ALNY or REGN or IONS better for a retirement portfolio?

For long-horizon retirement investors, Alnylam Pharmaceuticals, Inc.

(ALNY) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 71), +411. 9% 10Y return). Both have compounded well over 10 years (ALNY: +411. 9%, REGN: +90. 0%), 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.

10

What are the main differences between BIIB and ALNY and REGN and IONS?

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: BIIB is a mid-cap quality compounder stock; ALNY is a mid-cap high-growth stock; REGN is a mid-cap deep-value stock; IONS is a mid-cap high-growth 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.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.

Stocks Like

BIIB

Quality Business

  • Sector: Healthcare
  • Market Cap > $100B
  • Net Margin > 8%
Run This Screen
Stocks Like

ALNY

High-Growth Compounder

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 48%
  • Net Margin > 8%
Run This Screen
Stocks Like

REGN

High-Growth Quality Leader

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 9%
  • Net Margin > 17%
Run This Screen
Stocks Like

IONS

High-Growth Disruptor

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 43%
  • Gross Margin > 59%
Run This Screen
Custom Screen

Beat Both

Find stocks that outperform BIIB and ALNY and REGN and IONS on the metrics below

Revenue Growth>
%
(BIIB: 1.9% · ALNY: 96.4%)
Net Margin>
%
(BIIB: 13.9% · ALNY: 13.5%)
P/E Ratio<
x
(BIIB: 21.7x · ALNY: 127.0x)

You Might Also Compare

Based on how these companies actually compete and overlap — not just which sector they're filed under.