United Therapeutics Corporation

United Therapeutics Corporation

UTHRยทNASDAQ

$549.47

+1.7%
HealthcareBiotechnology

United Therapeutics Corporation, a biotechnology company, engages in the development and commercialization of products to address the unmet medical needs of patients with chronic and life-threatening diseases in the United States and internationally. Its commercial therapies include Remodulin to treat patients with pulmonary arterial hypertension (PAH) to diminish symptoms associated with exercise; Tyvaso, an inhaled formulation of prostacyclin analogue treprostinil to enhance the exercise ability in PAH patients and pulmonary hypertension associated with interstitial lung disease (PH-ILD); Orenitram, a tablet dosage form of treprostinil to enhance the exercise capacity in PAH patients; Unituxin, a monoclonal antibody for treating high-risk neuroblastoma; and Adcirca, an oral PDE-5 inhibitor to enhance the exercise ability in PAH patients. The company also engages in developing Tyvaso DPI, a dry powder inhalation form of Tyvaso; Remunity Pump, a small, lightweight, durable pump and separate controller; RemoPro and Ralinepag for the treatment of PAH; Aurora-GT, a gene therapy product to rebuild the blood vessels in the lungs; and Tyvaso PERFECT and TETON studies, which are the studies of Tyvaso in patients with World Health Organization (WHO) Group 3 pulmonary hypertension associated with chronic obstructive pulmonary disease (PH-COPD). It has licensing and collaboration agreements with DEKA Research & Development Corp. to develop a semi-disposable system for the subcutaneous delivery of treprostinil; MannKind Corporation to develop and license treprostinil inhalation powder and the Dreamboat device; and Arena Pharmaceuticals, Inc. to develop Ralinepag. The company was incorporated in 1996 and is headquartered in Silver Spring, Maryland.

At a Glance

Live Snapshot
Market Cap$23.32B
EPS30.1300
P/E Ratio18.24
Earnings Date07/29/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 18.2).

Valuation inputs: P/E 18.2, earnings yield +5.5%, momentum +1.7%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +18.8%, ROIC +15.9%).

Profitability stack: net margin +41.9%, ROE +18.8%, ROIC +15.9%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +9.9%, momentum +1.7%, net margin +41.9%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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United Therapeutics Corporation Market vs Earnings Trajectory

UTHR ยท NASDAQ

Loading price and EPS data...

United Therapeutics Corporation

United Therapeutics Corporation Fair Value Envelope

UTHR ยท NASDAQ

Our analysis suggests that UTHR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $549.47, this represents a potential HIDDEN relative to our calculated worth for United Therapeutics Corporation.

Intrinsic Value
Current Price: $549.47
3Y+89.0%
5Y+159.0%
10Y+85.0%
3Y+64.0%
5Y+115.0%
10Y+99.0%
3Y+84.0%
5Y+159.0%
10Y+87.0%
3Y+95.0%
5Y+107.0%
10Y+143.0%
3Y+57.0%
5Y+49.0%
10Y+73.0%
3Y+30.0%
5Y+71.0%
10Y+239.0%
United Therapeutics Corporation

United Therapeutics Corporation Profit Bridge

UTHR ยท NASDAQ
Revenue3.18B
Cost of Goods Sold (384.40M)
Gross Profit2.80B
Operating Expenses (1.31B)
Operating Income1.49B
Interest Expense (19.50M)
Other Income/Expense221.40M
Pretax Income1.71B
Income Tax (379.20M)
Net Income1.33B
Net Income
1.33B

Profitability Analysis

Gross Margin

87.9%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

46.9%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

41.9%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

22.1%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

87.92%
Gross Profit Margin
-1%
3Y-5.0%
5Y-5.0%
10Y-8.0%
46.89%
Operating Profit Margin
-2%
3Y-7.0%
5Y+17.0%
10Y-29.0%
41.94%
Net Profit Margin
1%
3Y+12.0%
5Y+21.0%
10Y-6.0%
18.81%
Return on Equity
1%
3Y+24.0%
5Y+24.0%
10Y-51.0%
16.94%
Return on Assets
4%
3Y+41.0%
5Y+52.0%
10Y-45.0%
15.88%
Return on Invested Capital
3%
3Y+21.0%
5Y+42.0%
10Y-56.0%
UTHR

United Therapeutics Corporation Cash Conversion Engine

UTHR ยท NASDAQ
Net Income1.33B
Depreciation & Amortization85.60M
Stock-Based Compensation147.70M
Change in Working Capital-106.40M
Others2.00M
Capital Expenditures-520.50M
Free Cash Flow1.04B

Cash Flow Quality Analysis

FCF Conversion Rate

78.0%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

33.3%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

-3.7%

Flat FCF growth. Stable but not expandingโ€”monitor for signs of business maturity or temporary headwinds.

Working Capital Impact

-$106.40M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

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United Therapeutics Corporation Funding & Solvency Profile

UTHR ยท NASDAQ
Cash & Cash Equivalents1.28B
Net Receivables312.00M
Inventory178.30M
Other Current Assets1.10B
Total Current Assets3 B
Property, Plant & Equipment1.84B
Goodwill & Intangible Assets115.50M
Long-Term Investments1.32B
Other Non-Current Assets233.20M
Total Non-Current Assets3 B
Total Assets
6.71B

Financial Health Analysis

Current Ratio

4.79x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.14x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

2 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

43% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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United Therapeutics Corporation Street Expectations Map

UTHR ยท NASDAQ

Wall Street analysts project that UTHR stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 636.83, with estimates ranging from a low of 516.00 to a high of 735.00.

Lowest Target
516.00
-6.09%
Consensus Target
636.83
15.90%
Highest Target
735.00
33.77%

The consensus 1-year price target stands at 636.83, with estimates ranging from a low of 516.00 to a high of 735.00.

Analyst Consensus Analysis

Upside Potential

+15.9%

Strong upside potential. Consensus indicates attractive return opportunity with favorable risk-reward profile.

Analyst Agreement

34.4% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Risk-Reward Profile

5.54x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Asymmetric upside: Strong return potential with favorable risk-reward profile. The limited downside relative to upside makes this an attractive risk-adjusted opportunity for growth-oriented portfolios.

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United Therapeutics Corporation Insider Positioning

UTHR ยท NASDAQ

During the last 12 months, insiders have sold $121.93M worth of UTHR shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

18.8K

10.53M

Net Activity

-10.5M

-$10.53M

3-6 Months

Bought

0

0.00

Sold

61.7K

29.84M

Net Activity

-29.8M

-$29.84M

6-9 Months

Bought

0

0.00

Sold

174.8K

75.46M

Net Activity

-75.5M

-$75.46M

9-12 Months

Bought

0

0.00

Sold

17.4K

6.10M

Net Activity

-6.1M

-$6.10M

Top Buyers

No buying activity

Top Sellers

1
BM

Benkowitz Michael

Officer: President And Coo

122.1K sharesโ€ข21 transactions

$54.64M

2
RMA

Rothblatt Martine A

Director, Officer: Chairperson & Ceo

110.8K sharesโ€ข98 transactions

$50.47M

3
MPA

Mahon Paul A

Officer: Evp & General Counsel

12.9K sharesโ€ข20 transactions

$5.06M

4
EJ

Edgemond James

Officer: Cfo And Treasurer

9.1K sharesโ€ข14 transactions

$4.33M

5
TTG

Thompson Tommy G

Director

5.5K sharesโ€ข2 transactions

$2.29M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $121.93M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$10.53M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

No Dividend Yield Data

UTHR has not reported any dividend yield values in the available annual periods.

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uthr Dividend History

UTHR
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%