Stock Analysis on Net

Regeneron Pharmaceuticals Inc. (NASDAQ:REGN)

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

Regeneron Pharmaceuticals Inc., current enterprise value calculation

Microsoft Excel
Current share price (P) $828.84
No. shares of common stock outstanding 109,889,531
US$ in thousands
Common equity (market value)1 91,080,839
Add: Preferred Stock, par value $.01 per share; issued and outstanding: none (per books)
Total equity 91,080,839
Add: Finance lease liabilities, current portion (per books)
Add: Long-term debt (per books) 1,982,900
Add: Finance lease liabilities, excluding current portion (per books) 720,000
Total equity and debt 93,783,739
Less: Cash and cash equivalents 2,730,000
Less: Marketable securities 8,114,800
Enterprise value (EV) 82,938,939

Based on: 10-K (reporting date: 2023-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 828.84 × 109,889,531


Historical Enterprise Value (EV)

Regeneron Pharmaceuticals Inc., EV calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Share price1, 2 $936.33 $780.86 $622.36 $494.90 $381.87
No. shares of common stock outstanding1 109,761,896 109,325,532 108,539,282 107,131,899 110,019,809
US$ in thousands
Common equity (market value)3 102,773,356 85,367,935 67,550,508 53,019,577 42,013,264
Add: Preferred Stock, par value $.01 per share; issued and outstanding: none (book value)
Total equity 102,773,356 85,367,935 67,550,508 53,019,577 42,013,264
Add: Finance lease liabilities, current portion (book value) 719,700
Add: Long-term debt (book value) 1,982,900 1,981,400 1,980,000 1,978,500
Add: Finance lease liabilities, excluding current portion (book value) 720,000 720,000 717,200 713,900
Total equity and debt 105,476,256 88,069,335 70,250,208 55,715,277 42,727,164
Less: Cash and cash equivalents 2,730,000 3,105,900 2,885,600 2,193,700 1,617,800
Less: Marketable securities 8,114,800 4,636,400 2,809,100 1,393,300 1,596,500
Enterprise value (EV) 94,631,456 80,327,035 64,555,508 52,128,277 39,512,864

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Regeneron Pharmaceuticals Inc. Annual Report.

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 936.33 × 109,761,896

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Regeneron Pharmaceuticals Inc. EV increased from 2021 to 2022 and from 2022 to 2023.