TAKTakeda Pharmaceutical Company Limited

$18.25

Is the business good?

How good a business is TAK?

Takeda Pharmaceutical Company Limited earns 2.5% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

2.5%

Return on invested capital · cost of capital 9.0% · 6.6 points below what the capital costs: growth destroys value

Operating margin
7.5%

Operating margin · Drug Manufacturers - Specialty & Generic median 12% · fiscal year to FY2025

Share count, year on year
+1.6%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
16%

R&D as % of revenue

Operating margin by fiscal year
YearOperating margin
FY20203.0%
FY202116%
FY202213%
FY202312%
FY20245.0%
FY20257.5%
Details
Gross marginfiscal year to FY2025
66%
Operating marginfiscal year to FY2025
7.5%
Net marginfiscal year to FY2025
2.4%
Free cash flow margin
19%
R&D as % of revenue
16%
Revenue, trailing twelve months
$4.58T
Free cash flow, trailing twelve months
$856.4B
Net income, trailing twelve months
$107.9B
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
2.5%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.