Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Hikma Pharmaceuticals PLC is a leading global pharmaceutical company specializing in the development, manufacturing, and distribution of high-quality generic, branded, and specialty medicines. Founded over 45 years ago, it focuses on making essential medications accessible, particularly through its extensive operations in the Middle East and North Africa (MENA) region, as well as North America and Europe. The company operates 29 manufacturing plants worldwide, including 23 in MENA, producing a broad portfolio of injectable, oral, nasal, inhalable, and biosimilar products targeting key therapeutic areas such as oncology, anti-infectives, cardiovascular, antidiabetics, respiratory, central nervous system, gastrointestinal, and antibiotics for bacterial infections. Hikma integrates access-to-medicine strategies into its business model, participating in government tenders, forming licensing partnerships like those for trastuzumab and rituximab biosimilars, and investing in local capacity building, such as new injectable sites in Algeria and Morocco. With robust quality systems, stringent regulatory compliance at multiple sites, and adaptive R&D for low- and middle-income countries, including stable formulations for LMICs, Hikma plays a vital role in addressing non-communicable and communicable diseases, enhancing public sector supply, and improving global health equity through reliable, affordable pharmaceuticals.
18.90% operating margin is respectable but not wide. ROIC at 12.67%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 7.1%, steady but not accelerating. Free cash flow declined 64% despite revenue growth, conversion is weakening.
Free cash flow declined 64% versus the prior year, cash generation momentum has weakened. Net debt of $1.36B represents 11.4x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$3.35B
▲ +7.1% YoY
Net Income (TTM)
$407M
▲ +12.4% YoY
Op. Margin
18.90%
▼ -0.7pp YoY
ROIC
12.67%
▼ -1.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$119M
▼ -63.8% YoY
Op. Cash Flow (TTM)
$280M
▼ -34.7% YoY
Net Debt
$1.36B
Cash & Equiv.
$243M
3Y CAGR: +21.8%
3Y CAGR: -23.5%
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