Ionis Pharmaceuticals (MEX:IONS) FCF Margin %: -331.61% (As of Mar. 2026)


MEX:IONS Ionis Pharmaceuticals Inc MEX:IONS
65 GF Score
Price MXN1,150.00
GF Value MXN782.91
! 8 Warning Signs
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What is Ionis Pharmaceuticals FCF Margin %?

Ionis Pharmaceuticals MEX:IONS 65 FCF Margin % is -331.61% as of Mar. 2026. GuruFocus rates MEX:IONS with a GF Score™ of 65/100 and a GF Value™ of MXN782.91. The stock has 8 warning signs investors should review. Among 956 Biotechnology companies, Ionis Pharmaceuticals ranks worse than 51.26% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Ionis Pharmaceuticals's Free Cash Flow for the three months ended in Mar. 2026 was MXN-14,716 Mil. Ionis Pharmaceuticals's Revenue for the three months ended in Mar. 2026 was MXN4,438 Mil. Therefore, Ionis Pharmaceuticals's FCF Margin % for the quarter that ended in Mar. 2026 was -331.61%.

As of today, Ionis Pharmaceuticals's current FCF Yield % is -7.46%.

The historical rank and industry rank for Ionis Pharmaceuticals's FCF Margin % or its related term are showing as below:

MEX:IONS' s FCF Margin % Range Over the Past 10 Years
Min: -88.78   Med: -16.94   Max: 97.6
Current: -88.78


During the past 13 years, the highest FCF Margin % of Ionis Pharmaceuticals was 97.60%. The lowest was -88.78%. And the median was -16.94%.

MEX:IONS's FCF Margin % is ranked worse than
51.26% of 956 companies
in the Biotechnology industry
Industry Median: -85.21 vs MEX:IONS: -88.78


Ionis Pharmaceuticals FCF Margin % Related Terms


Ionis Pharmaceuticals FCF Margin % Historical Data

* Premium members only.

The historical data trend for Ionis Pharmaceuticals's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ionis Pharmaceuticals FCF Margin % Chart

Ionis Pharmaceuticals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 -50.13 -42.60 -78.18 -34.51

Ionis Pharmaceuticals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -124.61 30.32 -88.29 -78.87 -331.61

MEX:IONS vs EXEL, BBIO, AXSM: FCF Margin % Comparison

For the Biotechnology subindustry, Ionis Pharmaceuticals's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ionis Pharmaceuticals FCF Margin % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ionis Pharmaceuticals's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Ionis Pharmaceuticals's FCF Margin % falls into.


MEX:IONS
65GF Score
Ionis Pharmaceuticals Inc MEX:IONS
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ionis Pharmaceuticals FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Ionis Pharmaceuticals's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-5863.862/16992.177
=-34.51 %

Ionis Pharmaceuticals's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-14715.909/4437.685
=-331.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -331.61% mean?
Ionis Pharmaceuticals (MEX:IONS) has a FCF Margin % of -331.61% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Ionis Pharmaceuticals and its competitors. According to the industry distribution chart, Ionis Pharmaceuticals ranks #490 out of 956 companies in the Biotechnology industry, placing it in the top 51.3%.
Is Ionis Pharmaceuticals' FCF Margin % too high?
Ionis Pharmaceuticals' current FCF Margin % is -331.61%. Based on the distribution chart, Ionis Pharmaceuticals ranks #490 out of 956 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Ionis Pharmaceuticals has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Ionis Pharmaceuticals' FCF Margin % compare to EXEL and BBIO?
According to the Biotechnology industry distribution chart, Ionis Pharmaceuticals ranks #490 out of 956 companies for FCF Margin %. This places Ionis Pharmaceuticals in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Biotechnology company?
A good FCF Margin % depends on the Biotechnology industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Ionis Pharmaceuticals and its competitors. Ionis Pharmaceuticals's current FCF Margin % is -331.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionis Pharmaceuticals stock overvalued right now?
Ionis Pharmaceuticals (MEX:IONS) has a current FCF Margin % of -331.61%. The stock's GF Value™ is MXN782.91, compared to a current price of MXN1,150.00 — trading 46.9% above its estimated fair value. The current FCF Margin % is -331.61%. Ionis Pharmaceuticals' overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Ionis Pharmaceuticals (MEX:IONS), the current FCF Margin % is -331.61% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ionis Pharmaceuticals (MEX:IONS) Overvalued in 2026?

Based on GuruFocus' analysis, Ionis Pharmaceuticals stock appears to be overvalued. The current stock price of MXN1,150.00 is trading 46.9% above its estimated GF Value™ of MXN782.91.

Key valuation signals for MEX:IONS:

  • FCF Margin %: -331.61%
  • GF Value™: MXN782.91 vs. price of MXN1,150.00 (46.9% above fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the MEX:IONS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ionis Pharmaceuticals Business Description

Address 2855 Gazelle Court, Carlsbad, CA, USA, 92010
Ionis Pharmaceuticals is the leading developer of antisense technology to discover and develop novel drugs. Its broad clinical and preclinical pipeline targets a wide variety of diseases, with an emphasis on cardiovascular, metabolic, neurological, and rare diseases. Ionis and Biogen brought Spinraza to market in 2016 as a treatment for spinal muscular atrophy, and Biogen launched ALS drug Qalsody in 2023. Ionis brought two additional drugs to market via its cardiovascular-focused subsidiary Akcea, including ATTR amyloidosis drug Tegsedi (2018) and cardiology drug Waylivra (Europe, 2019). Ionis and AstraZeneca launched polyneuropathy drug Wainua in 2024. Ionis marked its first two independent launches in 2025 for Tryngolza (for FCS) and Dawnzera (for HAE).
65GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,150.00
Price
MXN782.91
GF Value