The Tip Desk

UNITED THERAPEUTICS Corp

Company Stats

Market Cap
$23.2B
as of Sep 30, 2026
Shares Outstanding
42.9M
Free Float
85.4%

Income Statement

Revenue
$3.2B
Operating Income
$1.5B
Net Income
$1.3B
EBITDA
$1.6B
Revenue Growth, 3Y
18.0%
FCF Margin, 3Y Avg
34.1%
FCF Margin, Worst Year
32.1%

Cash Flow

Free Cash Flow
$1.0B
FCF Yield
4.5%
Owner FCF Yield
3.8%

Balance Sheet

Cash & Equivalents
$1.6B

Returns & Capital

Share Repurchases
$1.0B
Buyback Yield, 3Y Avg
2.9%
SBC, 3Y Avg
$110.3M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$3.2B$1.0B32.7%
FY2024$2.9B$1.1B37.6%
FY2023$2.3B$747.6M32.1%
FY2022$1.9B$663.7M34.3%
FY2021$1.7B$477.4M28.3%

Annual filing data through FY ended December 31, 2025; shares and float as of October 10, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage