Comprehensive Stock Comparison

Compare Corcept Therapeutics Incorporated (CORT) vs BioMarin Pharmaceutical Inc. (BMRN) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthBMRN12.9% revenue growth vs CORT's 12.8%
ValueBMRNLower P/E (15.4x vs 97.6x)
Quality / MarginsCORT13.0% net margin vs BMRN's 10.8%
Stability / SafetyBMRNBeta 0.74 vs CORT's 1.12
DividendsTieNeither pays a meaningful dividend
Momentum (1Y)BMRN-13.3% vs CORT's -41.1%
Efficiency (ROA)CORT11.8% ROA vs BMRN's 4.6%, ROIC 6.2% vs 7.4%
Bottom line: BMRN leads in 4 of 7 categories, making it the stronger pick for investors who prioritize growth and revenue expansion and valuation and capital efficiency. Corcept Therapeutics Incorporated is the better choice for profitability and margin quality and operational efficiency and capital deployment. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

CORTCorcept Therapeutics Incorporated
Healthcare

Corcept Therapeutics is a pharmaceutical company focused on developing and commercializing drugs for severe metabolic, oncologic, and neuropsychiatric disorders caused by cortisol excess. It generates revenue primarily from sales of its flagship drug Korlym for Cushing's syndrome, with future growth expected from its pipeline of selective cortisol modulators targeting additional indications. The company's competitive advantage lies in its deep expertise in cortisol modulation and intellectual property around novel glucocorticoid receptor antagonists.

BMRNBioMarin Pharmaceutical Inc.
Healthcare

BioMarin Pharmaceutical is a biotechnology company focused on developing and commercializing therapies for rare genetic diseases. It generates revenue primarily from sales of its orphan drug portfolio — including Voxzogo, Vimizim, and Palynziq — with additional income from licensing and royalties. The company's moat lies in its deep expertise in rare disease biology and its established commercial infrastructure for ultra-orphan drugs, which creates high barriers to entry.

Revenue Breakdown by Segment

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

CORTCorcept Therapeutics Incorporated

Segment breakdown not available.

BMRNBioMarin Pharmaceutical Inc.
FY 2024
Product
98.4%$2.8B
Royalty And Other
1.6%$44M

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

CORT 2BMRN 2
Financial MetricsTie3/6 metrics
Valuation MetricsBMRN6/6 metrics
Profitability & EfficiencyCORT4/7 metrics
Total ReturnsCORT4/6 metrics
Risk & VolatilityBMRN2/2 metrics
Analyst Outlook0/0 metrics

BMRN leads in 2 of 6 categories (Valuation Metrics, Risk & Volatility). CORT leads in 2 (Profitability & Efficiency, Total Returns). 1 tied.

Financial Metrics (TTM)

BMRN is the larger business by revenue, generating $3.2B annually — 4.2x CORT's $761M. Profitability is closely matched — net margins range from 13.0% (CORT) to 10.8% (BMRN). On growth, BMRN holds the edge at +17.0% YoY revenue growth, suggesting stronger near-term business momentum.

MetricCORTCorcept Therapeut…BMRNBioMarin Pharmace…
RevenueTrailing 12 months$761M$3.2B
EBITDAEarnings before interest/tax$47M$613M
Net IncomeAfter-tax profit$99M$349M
Free Cash FlowCash after capex$142M$725M
Gross MarginGross profit ÷ Revenue+98.3%+77.1%
Operating MarginEBIT ÷ Revenue+5.9%+16.6%
Net MarginNet income ÷ Revenue+13.0%+10.8%
FCF MarginFCF ÷ Revenue+18.6%+22.5%
Rev. Growth (YoY)Latest quarter vs prior year+11.1%+17.0%
EPS Growth (YoY)Latest quarter vs prior year-23.1%-134.4%
Evenly matched — CORT and BMRN each lead in 3 of 6 comparable metrics.

Valuation Metrics

At 34.3x trailing earnings, BMRN trades at a 21% valuation discount to CORT's 43.5x P/E. On an enterprise value basis, BMRN's 18.2x EV/EBITDA is more attractive than CORT's 78.6x.

MetricCORTCorcept Therapeut…BMRNBioMarin Pharmace…
Market CapShares × price$3.8B$11.9B
Enterprise ValueMkt cap + debt − cash$3.7B$11.1B
Trailing P/EPrice ÷ TTM EPS43.54x34.29x
Forward P/EPrice ÷ next-FY EPS est.97.65x15.45x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple78.58x18.18x
Price / SalesMarket cap ÷ Revenue4.97x3.68x
Price / BookPrice ÷ Book value/share6.61x2.00x
Price / FCFMarket cap ÷ FCF26.68x16.36x
BMRN leads this category, winning 6 of 6 comparable metrics.

Profitability & Efficiency

CORT delivers a 15.3% return on equity — every $100 of shareholder capital generates $15 in annual profit, vs $6 for BMRN. CORT carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to BMRN's 0.10x.

MetricCORTCorcept Therapeut…BMRNBioMarin Pharmace…
ROE (TTM)Return on equity+15.3%+5.7%
ROA (TTM)Return on assets+11.8%+4.6%
ROICReturn on invested capital+6.2%+7.4%
ROCEReturn on capital employed+6.5%+7.8%
Piotroski ScoreFundamental quality 0–955
Debt / EquityFinancial leverage0.01x0.10x
Net DebtTotal debt minus cash-$114M-$715M
Cash & Equiv.Liquid assets$120M$1.3B
Total DebtShort + long-term debt$6M$597M
Interest CoverageEBIT ÷ Interest expense48.95x
CORT leads this category, winning 4 of 7 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in CORT five years ago would be worth $14,022 today (with dividends reinvested), compared to $7,797 for BMRN. Over the past 12 months, BMRN leads with a -13.3% total return vs CORT's -41.1%. The 3-year compound annual growth rate (CAGR) favors CORT at 19.7% vs BMRN's -14.7% — a key indicator of consistent wealth creation.

MetricCORTCorcept Therapeut…BMRNBioMarin Pharmace…
YTD ReturnYear-to-date-6.5%+3.8%
1-Year ReturnPast 12 months-41.1%-13.3%
3-Year ReturnCumulative with dividends+71.4%-38.0%
5-Year ReturnCumulative with dividends+40.2%-22.0%
10-Year ReturnCumulative with dividends+834.6%-24.6%
CAGR (3Y)Annualised 3-year return+19.7%-14.7%
CORT leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

BMRN is the less volatile stock with a 0.74 beta — it tends to amplify market swings less than CORT's 1.12 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BMRN currently trades 84.0% from its 52-week high vs CORT's 30.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricCORTCorcept Therapeut…BMRNBioMarin Pharmace…
Beta (5Y)Sensitivity to S&P 5001.12x0.74x
52-Week HighHighest price in past year$117.33$73.51
52-Week LowLowest price in past year$28.66$50.76
% of 52W HighCurrent price vs 52-week peak+30.4%+84.0%
RSI (14)Momentum oscillator 0–10036.556.6
Avg Volume (50D)Average daily shares traded2.3M1.9M
BMRN leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Wall Street rates CORT as "Buy" and BMRN as "Buy". Consensus price targets imply 91.6% upside for CORT (target: $68) vs 32.8% for BMRN (target: $82).

MetricCORTCorcept Therapeut…BMRNBioMarin Pharmace…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$68.40$82.00
# AnalystsCovering analysts2440
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap+6.5%0.0%
Insufficient data to determine a leader in this category.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockMar 20Feb 26Change
Corcept Therapeutic… (CORT)100307.94+207.9%
BioMarin Pharmaceut… (BMRN)10061.39-38.6%

Corcept Therapeutic… (CORT) returned +40% over 5 years vs BioMarin Pharmaceut… (BMRN)'s -22%. A $10,000 investment in CORT 5 years ago would be worth $14,022 today (including dividends reinvested).

Chart 2Revenue Growth — 10 Years

Stock20162025Change
Corcept Therapeutic… (CORT)$81M$761M+836.3%
BioMarin Pharmaceut… (BMRN)$1.1B$0.00-100.0%

Corcept Therapeutics Incorporated's revenue grew from $81M (2016) to $761M (2025) — a 28.2% CAGR. BioMarin Pharmaceutical Inc.'s revenue grew from $1.1B (2016) to $0M (2025) — a -100.0% CAGR.

Chart 3Net Margin Trend — 10 Years

Stock20162025Change
Corcept Therapeutic… (CORT)10.0%13.1%+30.8%
BioMarin Pharmaceut… (BMRN)-56.4%15.0%+126.5%

Corcept Therapeutics Incorporated's net margin went from 10% (2016) to 13% (2025).

Chart 4P/E Ratio History — 9 Years

Stock20172025Change
Corcept Therapeutic… (CORT)17.442.4+143.7%
BioMarin Pharmaceut… (BMRN)19.4424.5+2088.1%

Corcept Therapeutics Incorporated has traded in a 16x–42x P/E range over 9 years; current trailing P/E is ~44x. BioMarin Pharmaceutical Inc. has traded in a 19x–425x P/E range over 5 years; current trailing P/E is ~34x.

Chart 5EPS Growth — 10 Years

Stock20162025Change
Corcept Therapeutic… (CORT)0.070.82+1071.4%
BioMarin Pharmaceut… (BMRN)-3.790.14+103.7%

Corcept Therapeutics Incorporated's EPS grew from $0.07 (2016) to $0.82 (2025) — a 31% CAGR. BioMarin Pharmaceutical Inc.'s EPS grew from $-3.79 (2016) to $0.14 (2025).

Chart 6Free Cash Flow — 5 Years

2021
$167M
$185M
2022
$120M
$55M
2023
$127M
$63M
2024
$196M
$475M
2025
$142M
$725M
Corcept Therapeutic… (CORT)BioMarin Pharmaceut… (BMRN)

Corcept Therapeutics Incorporated generated $142M FCF in 2025 (-15% vs 2021). BioMarin Pharmaceutical Inc. generated $725M FCF in 2025 (+291% vs 2021).

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CORT vs BMRN: Frequently Asked Questions

9 questions · data-driven answers · updated daily

01

Is CORT or BMRN a better buy right now?

BioMarin Pharmaceutical Inc. (BMRN) offers the better valuation at 34.3x trailing P/E (15.4x forward), making it the more compelling value choice. Analysts rate Corcept Therapeutics Incorporated (CORT) a "Buy" — based on 24 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 — CORT or BMRN?

On trailing P/E, BioMarin Pharmaceutical Inc. (BMRN) is the cheapest at 34.3x versus Corcept Therapeutics Incorporated at 43.5x. On forward P/E, BioMarin Pharmaceutical Inc. is actually cheaper at 15.4x.

03

Which is the better long-term investment — CORT or BMRN?

Over the past 5 years, Corcept Therapeutics Incorporated (CORT) delivered a total return of +40.2%, compared to -22.0% for BioMarin Pharmaceutical Inc. (BMRN). A $10,000 investment in CORT five years ago would be worth approximately $14K today (assuming dividends reinvested). Over 10 years, the gap is even starker: CORT returned +834.6% versus BMRN's -24.6%. 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 — CORT or BMRN?

By beta (market sensitivity over 5 years), BioMarin Pharmaceutical Inc. (BMRN) is the lower-risk stock at 0.74β versus Corcept Therapeutics Incorporated's 1.12β — meaning CORT is approximately 51% more volatile than BMRN relative to the S&P 500. On balance sheet safety, Corcept Therapeutics Incorporated (CORT) carries a lower debt/equity ratio of 1% versus 10% for BioMarin Pharmaceutical Inc. — giving it more financial flexibility in a downturn.

05

Which has better profit margins — CORT or BMRN?

Corcept Therapeutics Incorporated (CORT) is the more profitable company, earning 13.1% net margin versus 10.8% for BioMarin Pharmaceutical Inc. — meaning it keeps 13.1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BMRN leads at 16.6% versus 5.9% for CORT. At the gross margin level — before operating expenses — CORT 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.

06

Is CORT or BMRN more undervalued right now?

On forward earnings alone, BioMarin Pharmaceutical Inc. (BMRN) trades at 15.4x forward P/E versus 97.6x for Corcept Therapeutics Incorporated — 82.2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CORT: 91.6% to $68.40.

07

Which pays a better dividend — CORT 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.

08

Is CORT or BMRN better for a retirement portfolio?

For long-horizon retirement investors, Corcept Therapeutics Incorporated (CORT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1.12), +834.6% 10Y return). Both have compounded well over 10 years (CORT: +834.6%, BMRN: -24.6%), 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.

09

What are the main differences between CORT 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. 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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  • Sector: Healthcare
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  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 8%
  • Net Margin > 6%
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Better Than Both

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Revenue Growth>
%
(CORT: 11.1% · BMRN: 17.0%)
Net Margin>
%
(CORT: 13.0% · BMRN: 10.8%)
P/E Ratio<
x
(CORT: 43.5x · BMRN: 34.3x)