# BIIB · Biogen Inc.

Snapshot 2026-10-26 · CIK 0000875045 · Nasdaq · Biological Products, (No Diagnostic Substances)

Price 250.69 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 37.04 B

Machine-readable: https://theclaudetrader.com/s/BIIB.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 39.9 (partial: 2b) · complete: False · missing tests: 2b · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2014–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 22, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 9.89 revenue $B · threshold >= 1 · points 5.0/5
- 2a Current ratio: 1.87  · threshold >= 2.0 · points 13.0/15
- 2b Long-term debt vs working capital: 2.15 LTD / WC · threshold <= 1.0 · points None/15
- 3 Positive earnings each of 10 years: 10 of 10  · threshold 10 of 10 · points 15.0/15
- 4 Dividends every year for 20 years: 0 of 20  · threshold 20 of 20 · points 0.0/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: 14.88 -> 9.31 (-37%)  · threshold >= +33% · points 0.0/10
- 6 P/E on 3-year average EPS: 26.9  · threshold <= 15 · points 0.0/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 1.97, product 52.9  · threshold <= 1.5 or <= 22.5 · points 6.9/10

Inputs:
  - Price (close, per traded unit): 250.69 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 9890600000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - debt_incl_current: 7290300000.0 · 2026-06-30 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - current_assets: 7305700000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - current_liabilities: 3917100000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - equity: 18848000000.0 · 2026-06-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - Net income FY2016: 3702800000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504519000006/ · unverified
  - Net income FY2017: 2539100000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504520000005/ · unverified
  - Net income FY2018: 4430700000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504521000010/ · unverified
  - Net income FY2019: 5888500000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504522000007/ · unverified
  - Net income FY2020: 4000600000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504523000009/ · unverified
  - Net income FY2021: 1556100000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504524000009/ · unverified
  - Net income FY2022: 3046900000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504525000009/ · unverified
  - Net income FY2023: 1161100000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Net income FY2024: 1632200000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Net income FY2025: 1292900000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Dividend years (Yahoo): [] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/BIIB/history?filter=div · unverified
  - EPS diluted FY2014: 12.37 · 2014-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/875045/000087504517000009/ · unverified
  - EPS diluted FY2015: 15.34 · 2015-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/875045/000087504518000005/ · unverified
  - EPS diluted FY2016: 16.93 · 2016-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/875045/000087504519000006/ · unverified
  - EPS diluted FY2023: 7.97 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - EPS diluted FY2024: 11.18 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - EPS diluted FY2025: 8.79 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Shares outstanding: 147753998.0 · 2026-07-27 · SEC cover page 10-Q 0000875045-26-000075 (147,753,998 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/biib-20260630.htm · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/R1.htm

### Magic Formula: — (insufficient data (latest annual operating income is CY2021)) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula

### Momentum: 85.2 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: 51.6 % · threshold  · points 44.9/50
-  6 month return: 33.4 % · threshold  · points 18.0/20
-  Price / 52-week high: 0.988  · threshold  · points 14.8/15
-  Volatility penalty (60d annualised): 28.0 % · threshold  · points 7.5/15

Inputs:
  - Adjusted close series (14 months): 250.69 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 0.0 (no open-market transactions in window) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold  · points 0.0/35
-  Distinct buyers: 0  · threshold  · points 0.0/25
-  Buyer seniority: 0.0  · threshold  · points 0.0/20
-  Recency (half-life 30d): 0.0  · threshold  · points 0.0/10
-  Sales penalty (excludes 10b5-1 plan sales): 0.0 bp · threshold  · points -0.0/0

Inputs:
  - excluded 2026-08-04 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-03 S: 10b5-1 plan ·  · rule · 

### Buffett Quality: 69.0 (partial: 5) · complete: False · missing tests: 5 · current inputs as of 2026-06-30 · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 37, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): 22.2% over 8 yrs  · threshold >= 15% · points 25.0/25
- 2 Profitable every year: 10 of 10  · threshold all years · points 15.0/15
- 3 Net income growth, 3-yr average now vs start of window: -12.8% a year  · threshold >= +10% · points 0.0/10
- 4 Borrowings / 3-yr average earnings (years to repay): 5.4 years · threshold <= 4 · points 9.9/15
- 5 Operating margin, 5-yr average: 1 years with operating income and revenue  · threshold >= 20% · points None/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 1.22  · threshold >= 1.0 · points 10.0/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 5.4%  · threshold >= 7% · points 9.1/15

Inputs:
  - Price (close, per traded unit): 250.69 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2018: 4430700000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504521000010/ · unverified
  - Equity at FY2018 end: 13039600000.0 · 2018-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/875045/000087504520000005/ · unverified
  - Net income FY2019: 5888500000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504522000007/ · unverified
  - Equity at FY2019 end: 13343200000.0 · 2019-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/875045/000087504521000010/ · unverified
  - Net income FY2020: 4000600000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504523000009/ · unverified
  - Equity at FY2020 end: 10700300000.0 · 2020-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/875045/000087504522000007/ · unverified
  - Net income FY2021: 1556100000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504524000009/ · unverified
  - Equity at FY2021 end: 10896200000.0 · 2021-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/875045/000087504523000009/ · unverified
  - Net income FY2022: 3046900000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504525000009/ · unverified
  - Equity at FY2022 end: 13397900000.0 · 2022-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/875045/000087504524000009/ · unverified
  - Net income FY2023: 1161100000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Equity at FY2023 end: 14799400000.0 · 2023-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/875045/000087504524000009/ · unverified
  - Net income FY2024: 1632200000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Equity at FY2024 end: 16716000000.0 · 2024-12-31 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/875045/000087504526000045/ · unverified
  - Net income FY2025: 1292900000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Equity at FY2025 end: 18256800000.0 · 2025-12-31 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - Net income FY2016: 3702800000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504519000006/ · unverified
  - Net income FY2017: 2539100000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504520000005/ · unverified
  - Net income FY2018: 4430700000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504521000010/ · unverified
  - Net income FY2019: 5888500000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504522000007/ · unverified
  - Net income FY2020: 4000600000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/875045/000087504523000009/ · unverified
  - Net income FY2021: 1556100000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504524000009/ · unverified
  - Net income FY2022: 3046900000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504525000009/ · unverified
  - Net income FY2023: 1161100000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Net income FY2024: 1632200000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Net income FY2025: 1292900000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - debt_incl_current: 7290300000.0 · 2026-06-30 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - Operating cash flow FY2021: 3639900000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/875045/000087504524000009/ · unverified
  - Capital expenditure FY2021: 258100000.0 · 2021-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/875045/000087504524000009/ · unverified
  - Operating cash flow FY2022: 1384300000.0 · 2022-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/875045/000087504525000009/ · unverified
  - Capital expenditure FY2022: 240300000.0 · 2022-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/875045/000087504525000009/ · unverified
  - Operating cash flow FY2023: 1547200000.0 · 2023-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Capital expenditure FY2023: 277000000.0 · 2023-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Operating cash flow FY2024: 2875500000.0 · 2024-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Capital expenditure FY2024: 153700000.0 · 2024-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Operating cash flow FY2025: 2204600000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Capital expenditure FY2025: 153800000.0 · 2025-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Shares outstanding: 147753998.0 · 2026-07-27 · SEC cover page 10-Q 0000875045-26-000075 (147,753,998 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/biib-20260630.htm · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/R1.htm

### Lynch GARP: 31.2 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 5, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): None  · threshold <= 1.0 · points 0.0/30
- 2 EPS growth, 5-yr compound rate: -18.7% a year  · threshold 12% to 35% a year · points 0.0/20
- 3 P/E on latest annual EPS: 28.5  · threshold <= 25 · points 7.7/10
- 4 Borrowings / equity: 0.39  · threshold <= 0.5 · points 15.0/15
- 5 Years of the last 5 in which EPS rose: 2 of 5  · threshold 5 of 5 · points 6.0/15
- 6 Net cash (cash minus borrowings) / market cap: -16.2%  · threshold >= +10% · points 2.5/10

Inputs:
  - Price (close, per traded unit): 250.69 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - EPS diluted FY2025: 8.79 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - EPS diluted FY2020: 24.8 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/875045/000087504523000009/ · unverified
  - debt_incl_current: 7290300000.0 · 2026-06-30 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - equity: 18848000000.0 · 2026-06-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - cash: 1285000000.0 · 2026-06-30 · SEC XBRL CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified

### Graham Enterprising: 37.9 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 11, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: 1.87  · threshold >= 1.5 · points 15.0/15
- 2 Borrowings vs working capital: 2.15 x · threshold <= 1.1x · points 0.7/15
- 3 No earnings deficit in the last 5 years: 5 of 5 profitable  · threshold 5 of 5 · points 15.0/15
- 4 Pays a current dividend: no  · threshold yes · points 0.0/10
- 5 EPS higher than five years earlier: 24.80 -> 8.79  · threshold higher · points 0.0/10
- 6 Price / book value per share: 1.97  · threshold <= 1.2 · points 7.2/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points 0.0/15

Inputs:
  - Price (close, per traded unit): 250.69 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - current_assets: 7305700000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - current_liabilities: 3917100000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - debt_incl_current: 7290300000.0 · 2026-06-30 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - Net income FY2021: 1556100000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504524000009/ · unverified
  - Net income FY2022: 3046900000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504525000009/ · unverified
  - Net income FY2023: 1161100000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Net income FY2024: 1632200000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Net income FY2025: 1292900000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - Dividend years (Yahoo): [] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/BIIB/history?filter=div
  - EPS diluted FY2025: 8.79 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - EPS diluted FY2020: 24.8 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/875045/000087504523000009/ · unverified
  - equity: 18848000000.0 · 2026-06-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - Shares outstanding: 147753998.0 · 2026-07-27 · SEC cover page 10-Q 0000875045-26-000075 (147,753,998 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/biib-20260630.htm · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/R1.htm

### Piotroski F-Score: 44.4 (partial: 5, 8) · complete: False · missing tests: 5, 8 · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 19, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: 4.4%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 2 Operating cash flow is positive: 2,205M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 3 Return on assets improved on the prior year: 5.8% -> 4.4%  · threshold pass = 1 · points 0.0/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): 2,205M vs 1,293M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: None  · threshold pass = 1 · points None/11.11111111111111
- 6 Current ratio improved: 1.35 -> 2.68  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 7 No new shares issued (share count did not rise): 147M -> 148M  · threshold pass = 1 · points 0.0/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): None  · threshold pass = 1 · points None/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.34 -> 0.34  · threshold pass = 1 · points 0.0/11.11111111111111

Inputs:
  - net_income 2025-12-31: 1292900000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - total_assets 2025-12-31: 29439500000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - cfo 2025-12-31: 2204600000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - net_income 2025-12-31: 1292900000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - net_income 2024-12-31: 1632200000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - total_assets 2025-12-31: 29439500000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - total_assets 2024-12-31: 28049300000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - cfo 2025-12-31: 2204600000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - net_income 2025-12-31: 1292900000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-187303) · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - current_assets 2025-12-31: 8974100000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - current_assets 2024-12-31: 7456800000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - current_liabilities 2025-12-31: 3349400000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - current_liabilities 2024-12-31: 5528800000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - shares_out 2026-07-27: 147753998.0 · 2026-07-27 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - shares_out 2025-07-29: 146614598.0 · 2025-07-29 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/875045/000087504525000033/ · unverified
  - revenue 2025-12-31: 9890600000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - revenue 2024-12-31: 9675900000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified
  - total_assets 2025-12-31: 29439500000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/ · unverified
  - total_assets 2024-12-31: 28049300000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/ · unverified

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 250.69 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: 147,753,998 underlying shares, period 2026-07-27, SEC cover page 10-Q 0000875045-26-000075 (147,753,998 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/biib-20260630.htm, accession 0000875045-26-000075 · https://www.sec.gov/Archives/edgar/data/875045/000087504526000075/R1.htm
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): 37,040,449,759 USD; 250.69 (price 2026-10-23) / 1 x 147,753,998 (shares at 2026-07-27) = 37,040,449,759

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2013 (ended 2013-12-31): 6932200000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504516000042/
- FY2014 (ended 2014-12-31): 9703300000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504517000009/
- FY2015 (ended 2015-12-31): 10763800000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504518000005/
- FY2016 (ended 2016-12-31): 11448800000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504519000006/
- FY2017 (ended 2017-12-31): 12273900000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504520000005/
- FY2018 (ended 2018-12-31): 13452900000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504521000010/
- FY2019 (ended 2019-12-31): 14377900000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504522000007/
- FY2020 (ended 2020-12-31): 13444600000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504523000009/
- FY2021 (ended 2021-12-31): 10981700000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504524000009/
- FY2022 (ended 2022-12-31): 10173400000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504525000009/
- FY2023 (ended 2023-12-31): 9835600000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/
- FY2024 (ended 2024-12-31): 9675900000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/
- FY2025 (ended 2025-12-31): 9890600000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/

## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-12-31): 1862300000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504516000042/
- FY2014 (ended 2014-12-31): 2934800000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504517000009/
- FY2015 (ended 2015-12-31): 3547000000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504518000005/
- FY2016 (ended 2016-12-31): 3702800000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504519000006/
- FY2017 (ended 2017-12-31): 2539100000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504520000005/
- FY2018 (ended 2018-12-31): 4430700000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504521000010/
- FY2019 (ended 2019-12-31): 5888500000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504522000007/
- FY2020 (ended 2020-12-31): 4000600000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504523000009/
- FY2021 (ended 2021-12-31): 1556100000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504524000009/
- FY2022 (ended 2022-12-31): 3046900000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504525000009/
- FY2023 (ended 2023-12-31): 1161100000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/
- FY2024 (ended 2024-12-31): 1632200000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/
- FY2025 (ended 2025-12-31): 1292900000.0 · https://www.sec.gov/Archives/edgar/data/875045/000087504526000013/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)

- FY2013 (ended 2013-12-31): 7.81 [filed 7.81, split factor 1.0]
- FY2014 (ended 2014-12-31): 12.37 [filed 12.37, split factor 1.0]
- FY2015 (ended 2015-12-31): 15.34 [filed 15.34, split factor 1.0]
- FY2016 (ended 2016-12-31): 16.93 [filed 16.93, split factor 1.0]
- FY2017 (ended 2017-12-31): 11.92 [filed 11.92, split factor 1.0]
- FY2018 (ended 2018-12-31): 21.58 [filed 21.58, split factor 1.0]
- FY2019 (ended 2019-12-31): 31.42 [filed 31.42, split factor 1.0]
- FY2020 (ended 2020-12-31): 24.8 [filed 24.8, split factor 1.0]
- FY2021 (ended 2021-12-31): 10.4 [filed 10.4, split factor 1.0]
- FY2022 (ended 2022-12-31): 20.87 [filed 20.87, split factor 1.0]
- FY2023 (ended 2023-12-31): 7.97 [filed 7.97, split factor 1.0]
- FY2024 (ended 2024-12-31): 11.18 [filed 11.18, split factor 1.0]
- FY2025 (ended 2025-12-31): 8.79 [filed 8.79, split factor 1.0]

## Dividend years (Yahoo history)

none

## Insider transactions (SEC Form 4 data set, latest 40)

- 2026-08-04 S Minor Lloyd (director) 593 @ 200.96 = 119169 · https://www.sec.gov/Archives/edgar/data/875045/000087504526000076/
- 2026-08-03 S Minor Lloyd (director) 593 @ 203.34 = 120581 · https://www.sec.gov/Archives/edgar/data/875045/000087504526000076/

## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0000875045
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000875045.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000875045&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000875045&type=8-K
- yahoo: https://finance.yahoo.com/quote/BIIB
- stooq: https://stooq.com/q/d/?s=biib.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=BIIB
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=BIIB
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/biib/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/BIIB
- openinsider (link only, nothing stored): http://openinsider.com/search?q=BIIB
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=BIIB+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/BIIB; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.