United Therapeutics Corp

United Therapeutics Corp

UTHR

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Market Cap$23.64B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
United Therapeutics CorpUnited Therapeutics Corp18.8-22%7.6-

Earnings Call Q1 2026

May 6, 2026 - AI Summary

Strong momentum + revenue guidance backdrop (but Q1 pressured by ops/weather): - Q1’26 total revenue: $782M; Q1’26 Tyvaso revenue: $458M. - Seasonality + severe winter weather + pharmacy operations issues slowed prescription starts, especially in February; management says these issues have been rectified and expects return to sequential growth in the near term. - Tyvaso DPI added 9% YoY growth, helped by increased patient demand; nebulized Tyvaso lagged during the quarter.
Major near-term growth thesis: Tyvaso IPF filing + potential expedited approval - TETON 1 & TETON 2 (nebulized Tyvaso in IPF) described as “resounding success” exceeding expectations. - Management plans a supplemental NDA filing by end of this summer. - Expected launch: Q2 next year *if standard review timeline*; they believe the evidence could support priority review/expedited approval. - Launch readiness + payer discussions planned immediately after approval to secure coverage. - Commercial implication: Tyvaso IPF expected to become the most prescribed IPF therapy (management framing), with a large patient population.
Potential blockbuster pipeline: ralinepag (oral once-daily) and device-driven strategy - Management highlighted ADVANCE OUTCOMES as “off the charts,” positioning ralinepag as a once-daily oral prostacyclin agonist for PAH. - Forecast framing: oral ralinepag + IPF could drive revenues to $4B run-rate by end of 2027 (from current ~$3B run-rate), implying more than doubling over a few years. - They expect ralinepag to become the most prescribed PAH prostacyclin, citing a ~3x reduction in disease progression vs background therapy and durable effects through 4 years (as described in remarks). - Timing expectation: ralinepag launch mid next year, assuming a smooth FDA standard review path.

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$633.29

Target Price by Analysts

15.3% upsideUnited Therapeutics Target Price DetailsTarget Price
$949.00

Current Fair Value

72.7% upside

Undervalued by 72.7% based on the discounted cash flow analysis.

Share Statistics

Market cap$23.64 Billion
Enterprise Value$22.56 Billion
Dividend Yield$- (-)
Earnings per Share$30.13
Beta0.6
Outstanding Shares43,500,000

Return

Return on Equity21.82%ROE
Return on Assets19.17%
Return on Invested Capital25.44%

Valuation & Multiples

P/E Ratio18.81P/E Ratio
PEG-128.16PEG
Price to Sales7.63Price to Sales
Price to Book Ratio4.07Price to Book Ratio
Enterprise Value to Revenue7.12
Enterprise Value to EBIT14.5
Enterprise Value to Net Income17
Total Debt to Enterprise0
Debt to Equity0Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 6, 2026
EPS Estimate
$7.00
Average shareholder expectation
Revenue Estimate
$797.40 M
Average shareholder expectation

Next Earnings Call

Expected Date
July 29, 2026
EPS Estimate
$7.17
Average shareholder expectation
Revenue Estimate
$810.42 M
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.7411 17.12%
Total Calls2,078,102 181.43%
Total Puts1,540,151 128.61%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %93.64% 1.29%
Total Invested$24.56B 21.36%
Investors Holding886 32.00%

ESG Score

No data

About United Therapeutics Corp

920 employees
CEO: Martine Rothblatt

United Therapeutics Corporation focuses on the strength of a balanced, value-creating biotechnology model. We are confident in our future thanks to our fundamental attributes, namely our obsession with quality and innovation, the power o...

Relevant Senate Committees

Finance

This committee controls taxation, trade, and entitlement spending. It drives corporate valuations through tax policy and significantly impacts the pharmaceutical sector through Medicare and Medicaid pricing and reimbursement policies, which are critical revenue determinants for drug companies.

Appropriations

This committee allocates discretionary federal spending. Its subcommittees directly determine funding for health-related agencies (e.g., NIH, CDC) and government programs that may purchase United Therapeutics' products or fund research relevant to its pipeline, directly affecting cash flow.

Health, Education, Labor, and Pensions

This is a primary committee for United Therapeutics. It regulates the FDA (drug approvals, manufacturing standards) and NIH (research funding), directly impacting the development, approval, and commercialization pathways for pharmaceutical and biotech products.

Judiciary

This committee oversees antitrust laws and intellectual property. Patent protection is absolutely critical for pharmaceutical companies like United Therapeutics, and antitrust enforcement can impact mergers, acquisitions, and market competition within the industry.