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United Therapeutics Corporation (UTHR)

USD535.57 -11.49 (-2.10%)
US NASDAQ Healthcare Biotechnology
Address 1040 Spring Street 20910
Silver Spring, MD, US
CEO Martine A. Rothblatt
IPO 1999-06-17
CIK 1082554 ISIN US91307C1027

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Description

United Therapeutics Corporation, a biotechnology firm, is dedicated to discovering, developing, and bringing to market medical solutions for individuals suffering from chronic and severe, often life-threatening, illnesses. Its operations span both the United States and international markets. The company's current commercial portfolio features several key therapeutics: Remodulin, prescribed for pulmonary arterial hypertension (PAH) to lessen symptoms experienced during physical activity. Tyvaso, an inhaled form of the prostacyclin analogue treprostinil, designed to enhance exercise capacity in patients with PAH and pulmonary hypertension linked to interstitial lung disease (PH-ILD). Orenitram, a treprostinil tablet formulation, also aims to boost the exercise capabilities of PAH patients. Unituxin, a monoclonal antibody utilized in the treatment of high-risk neuroblastoma. Adcirca, an oral PDE-5 inhibitor, which helps improve exercise performance in those with PAH. United Therapeutics also maintains a robust development pipeline, including: Tyvaso DPI, a dry powder inhaler version of Tyvaso. The Remunity Pump, a compact, lightweight, and durable infusion system for treprostinil, accompanied by a separate controller. RemoPro and Ralinepag, both investigational treatments for PAH. Aurora-GT, a gene therapy product focused on regenerating blood vessels within the lungs. Clinical trials such as Tyvaso PERFECT and TETON, which are evaluating Tyvaso's efficacy in patients with World Health Organization (WHO) Group 3 pulmonary hypertension associated with chronic obstructive pulmonary disease (PH-COPD). The company has forged strategic alliances and licensing agreements with various entities, such as DEKA Research & Development Corp. for a semi-disposable subcutaneous treprostinil delivery system; MannKind Corporation for the development and licensing of treprostinil inhalation powder and the Dreamboat device; and Arena Pharmaceuticals, Inc. for the development of Ralinepag. Established in 1996, United Therapeutics Corporation is headquartered in Silver Spring, Maryland.

News Sentiment (7d)
71 Positive

Based on only 1 article — low confidence

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD535.57 -11.49 (-2.10%)
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Volume Profile
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Liquidity & share structure
Average Volume
507.2K
Beta
0.57
Float Shares
42.28M
Free Float %
96.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.87% -4.86% -0.32% +19.69% +23.47% +16.96% +83.36% +166.27% +191.51% +421.72% +9,251.88%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (30 ratings, all time) Buy
Price Targets & DCF
Current price
535.57
Low 516.00 -3.7%
Consensus 628.00 +17.3%
Median 625.00 +16.7%
High 735.00 +37.2%
DCF (Unlevered) 812.21 +51.7%
DCF (Levered) 958.72 +79.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 73% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 9 0
Hold 4 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month 2
609.50
+13.8%
Last Quarter 4
611.00
+14.1%
Last Year 16
549.75
+2.6%
All Time 35
424.86
-20.7%
Quality scores
Altman Z-Score
21.22
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
8 / 10
Strong MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers ★ Strong MOAT
  • Revenue growth Biotechnology: +1.6%
    +10.6% Q1'26: -1.6% (vs Q1'25)
  • EPS growth Biotechnology: +29.7%
    +13.1% Q1'26: -12.2% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
    +38.6% Q1'26: +46.4% (vs Q1'25)
  • EBIT margin Biotechnology: +0.0%
    +54.5% Q1'26: +41.7% (vs Q1'25)
  • ROIC Biotechnology: -16.1%
    +24.4% Q1'26: +30.0% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    -1.2% Q1'26: -2.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    0.00× Q1'26: 0.00× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.60) × ERP
WACC = 100% × Ke + 0% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 827.35 Current price: 535.57
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
11 Rev. Ana.
11 EPS Ana.
Dec 2027
11 Rev. Ana.
11 EPS Ana.
Dec 2028
10 Rev. Ana.
10 EPS Ana.
Dec 2029
5 Rev. Ana.
4 EPS Ana.
Dec 2030
5 Rev. Ana.
4 EPS Ana.
Revenue
743.18M
est: 918.64M (-19.1%)
916.08M
est: 820.04M (+11.7%)
1.12B
est: 1.71B (-34.8%)
1.29B
est: 2.02B (-36.1%)
1.47B
est: 1.45B (+1.3%)
1.60B
est: 1.61B (-0.5%)
1.73B
est: 1.68B (+2.8%)
1.63B
est: 1.61B (+1.4%)
1.45B
est: 1.50B (-3.1%)
1.48B
est: 1.46B (+1.6%)
1.69B
est: 1.70B (-0.7%)
1.94B
est: 1.96B (-1.4%)
2.33B
est: 2.62B (-11.1%)
2.88B
est: 2.87B (+0.1%)
3.18B
est: 3.20B (-0.6%)
3.26B
3.17B – 3.36B
+1.9% YoY
3.70B
3.25B – 4.30B
+13.6% YoY
4.27B
4.27B – 4.27B
+15.4% YoY
5.13B
4.65B – 5.67B
+20.1% YoY
6.19B
5.60B – 6.83B
+20.5% YoY
EBITDA
341.02M
est: 296.72M (+14.9%)
484.46M
est: 400.49M (+21.0%)
323.76M
est: 351.07M (-7.8%)
575.02M
est: 406.37M (+41.5%)
1.08B
est: 746.99M (+44.9%)
1.09B
est: 862.56M (+26.5%)
1.05B
est: 734.55M (+43.4%)
838.40M
est: 646.33M (+29.7%)
-74.90M
est: -3.00B (+97.5%)
646.30M
est: 341.35M (+89.3%)
736.80M
est: 683.12M (+7.9%)
1.04B
est: 751.43M (+38.4%)
1.39B
est: 1.80B (-22.9%)
1.65B
est: 1.98B (-16.2%)
1.82B
est: 2.20B (-17.3%)
2.24B
2.18B – 2.31B
+1.9% YoY
2.55B
2.23B – 2.96B
+13.6% YoY
2.94B
2.94B – 2.94B
+15.4% YoY
3.53B
3.20B – 3.90B
+20.1% YoY
4.25B
3.85B – 4.70B
+20.5% YoY
EBIT
320.48M
est: 294.96M (+8.7%)
457.31M
est: 337.67M (+35.4%)
292.50M
est: 300.91M (-2.8%)
542.77M
est: 366.85M (+48.0%)
1.05B
est: 925.49M (+13.4%)
1.06B
est: 833.91M (+27.0%)
1.02B
est: 775.95M (+31.8%)
802.50M
est: 658.65M (+21.8%)
-120.80M
est: -3.22B (+96.3%)
596.40M
est: 534.54M (+11.6%)
686.90M
est: 513.92M (+33.7%)
989.00M
est: 565.32M (+74.9%)
1.33B
est: 1.74B (-23.3%)
1.58B
est: 1.91B (-17.1%)
1.73B
est: 2.13B (-18.5%)
2.17B
2.11B – 2.23B
+1.9% YoY
2.46B
2.16B – 2.86B
+13.6% YoY
2.84B
2.84B – 2.84B
+15.4% YoY
3.41B
3.09B – 3.77B
+20.1% YoY
4.11B
3.72B – 4.54B
+20.5% YoY
Net Income
217.87M
est: 181.80M (+19.8%)
304.44M
est: 253.17M (+20.3%)
174.56M
est: 165.18M (+5.7%)
340.07M
est: 225.65M (+50.7%)
651.64M
est: 891.60M (-26.9%)
713.70M
est: 557.29M (+28.1%)
417.90M
est: 176.81M (+136.4%)
589.20M
est: 458.17M (+28.6%)
-104.50M
est: -2.40B (+95.7%)
514.80M
est: 481.19M (+7.0%)
475.80M
est: 484.39M (-1.8%)
727.30M
est: 532.82M (+36.5%)
984.80M
est: 1.07B (-7.9%)
1.20B
est: 1.24B (-3.8%)
1.33B
est: 1.29B (+3.7%)
1.28B
1.27B – 1.50B
-0.6% YoY
1.51B
1.19B – 1.92B
+17.9% YoY
1.75B
1.30B – 2.27B
+15.8% YoY
2.27B
1.99B – 2.57B
+29.7% YoY
2.72B
2.39B – 3.09B
+20.2% YoY
SGA
156.48M
est: 161.41M (-3.1%)
201.75M
est: 176.64M (+14.2%)
394.01M
est: 611.99M (-35.6%)
381.29M
est: 560.48M (-32.0%)
452.61M
est: 690.75M (-34.5%)
316.80M
est: 326.76M (-3.0%)
330.10M
est: 479.11M (-31.1%)
265.80M
est: 298.24M (-10.9%)
336.20M
est: 749.77M (-55.2%)
423.90M
est: 381.20M (+11.2%)
467.00M
est: 553.20M (-15.6%)
487.00M
est: 608.52M (-20.0%)
477.10M
est: 620.27M (-23.1%)
638.60M
est: 681.14M (-6.2%)
731.10M
est: 758.64M (-3.6%)
772.68M
751.41M – 796.31M
+1.9% YoY
878.08M
769.20M – 1.02B
+13.6% YoY
1.01B
1.01B – 1.01B
+15.4% YoY
1.22B
1.10B – 1.34B
+20.1% YoY
1.47B
1.33B – 1.62B
+20.5% YoY
EPS
3.81
est: 2.75 (+38.5%)
5.84
est: 3.85 (+51.7%)
3.49
est: 8.44 (-58.6%)
7.06
est: 8.28 (-14.7%)
14.17
est: 13.16 (+7.7%)
16.29
est: 16.38 (-0.5%)
9.50
est: 12.74 (-25.4%)
13.54
est: 13.98 (-3.2%)
-2.39
est: -0.82 (-191.5%)
11.65
est: 12.77 (-8.8%)
10.60
est: 11.38 (-6.9%)
15.98
est: 17.52 (-8.8%)
21.04
est: 23.07 (-8.8%)
26.44
est: 24.41 (+8.3%)
30.13
est: 27.48 (+9.6%)
28.63
26.46 – 31.36
+4.2% YoY
33.67
24.78 – 40.08
+17.6% YoY
39.16
27.13 – 47.46
+16.3% YoY
47.30
41.52 – 53.75
+20.8% YoY
56.84
49.90 – 64.59
+20.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-06 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-05-05 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-05-04 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-05-01 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-30 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-29 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-28 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-27 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-24 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-23 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-22 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-21 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-20 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-17 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-16 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-15 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.10B
OE per share TTM
23.16
Owner's Yield
4.24%
Maintenance CapEx ratio
38.90%
Maint CapEx / Avg PPE
47.6%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
309
Total invested
2.39B
Insider transactions (90d)
0
Beneficial owners (>5%)
28
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 2. 7.97M 6.51% 7.97M CO 2023-02-03
2 (1) BlackRock, Inc. 4.24M 9.40% 4.05M 4.24M HC Delaware 2022-02-03
3 The Vanguard Group - 23-1945930 4.16M 9.24% 24.0K 4.10M 61.8K IA Pennsylvania For 2022-02-10
4 Martine A. Rothblatt 4.12M 8.50% 4.12M 4.12M IN United States of America 2022-02-04
5 United Therapeutics Corporation 3.66M 5.88% 3.66M 3.66M CO Delaware 2022-01-14
6 Avoro Capital Advisors LLC 3.04M 6.70% 3.04M 3.04M IA, OO Delaware 2022-02-11
7 Behzad Aghazadeh 3.04M 6.70% 3.04M 3.04M IN United States 2022-02-11
8 13-3127734 2.92M 6.48% 2.91M 2.92M HC Delaware 2022-02-11
9 26-0385758 2.92M 6.48% 2.91M 2.92M IA Delaware 2022-02-11
10 Wellington Group Holdings LLP 2.57M 5.64% 2.15M HC Delaware 2023-02-06
11 Wellington Investment Advisors Holdings LLP 2.57M 5.64% 2.15M HC Delaware 2023-02-06
12 Wellington Management Group LLP 2.57M 5.64% 2.15M HC Delaware 2023-02-06
13 Abigail P. Johnson 2.38M 5.43% 2.38M IN Delaware 2020-02-07
14 FMR LLC 2.32M 5.23% 2.32M HC United States of America 2021-02-08
15 STATE STREET CORPORATION 2.24M 5.00% 2.02M HC MA 2024-10-16
16 Lung Biotechnology PBC 1.46M 6.89% 1.46M CO Delaware 2020-02-07
17 Israel A. Englander 1.21M 2.80% 1.21M 1.21M IN 2020-02-13
18 Millennium Group Management LLC 1.21M 2.80% 1.21M 1.21M OO 2020-02-13
19 Millennium Management LLC 1.21M 2.80% 1.21M 1.21M OO 2020-02-13
20 Integrated Core Strategies (US) LLC 1.14M 2.60% 1.14M 1.14M OO 2020-02-13
21 AQR Capital Management Holdings, LLC 671.1K 1.53% 671.1K HC Delaware, USA 2020-02-14
22 AQR Capital Management, LLC 671.1K 1.53% 671.1K IA Delaware, USA 2020-02-14
23 Millennium International Management LP 77.6K 0.20% 77.6K 77.6K PN 2020-02-13
24 Integrated Assets II LLC 62.5K 0.10% 62.5K 62.5K OO 2020-02-13
25 ICS Opportunities, Ltd. 7.9K 0.00% 7.9K 7.9K CO 2020-02-13
26 Integrated Assets, Ltd. 6.4K 0.00% 6.4K 6.4K CO 2020-02-13
27 ICS Opportunities II LLC 900.00 0.00% 900.00 900.00 OO 2020-02-13
28 s 0.00% CO Delaware 2021-02-05

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
309
-541 vs prev Q
New positions
38
Closed positions
559
Increased
138
Reduced
112
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 BLACKROCK, INC. 5.17M -182.2K (-3.4%) 2.52B +275.4M (+12.3%) 11.81% -0.064 pp 0.04% +0.003 pp USD357.72 +36.2% 6 qtrs
2 VANGUARD GROUP INC 4.18M -242.6K (-5.5%) 2.03B +182.4M (+9.8%) 9.53% -0.263 pp 0.03% +0.002 pp USD107.20 +354.5% 84 qtrs
3 AVORO CAPITAL ADVISORS LLC 2.61M +583.8K (+28.9%) 1.27B +422.1M (+49.8%) 5.95% +1.466 pp 12.21% +1.250 pp USD229.04 +112.7% 21 qtrs
4 WELLINGTON MANAGEMENT GROUP LLP 2.44M +1.0M (+74.5%) 1.19B +603.2M (+102.9%) 5.57% +2.473 pp 0.21% +0.106 pp USD340.18 +43.2% 21 qtrs
5 RENAISSANCE TECHNOLOGIES LLC 1.91M -264.1K (-12.2%) 930.29M +19.2M (+2.1%) 4.36% -0.460 pp 1.44% +0.240 pp USD129.79 +275.4% 79 qtrs
6 STATE STREET CORP 1.84M -80.2K (-4.2%) 897.71M +91.7M (+11.4%) 4.21% -0.057 pp 0.03% +0.002 pp USD167.94 +190.1% 51 qtrs
7 AQR CAPITAL MANAGEMENT LLC 1.28M +295.2K (+29.9%) 624.51M +211.0M (+51.0%) 2.93% +0.739 pp 0.33% +0.063 pp USD305.22 +59.6% 66 qtrs
8 GEODE CAPITAL MANAGEMENT, LLC 1.19M -56.6K (-4.5%) 580.24M +57.3M (+11.0%) 2.72% -0.047 pp 0.04% +0.002 pp USD215.49 +126.1% 78 qtrs
9 JANUS HENDERSON GROUP PLC 796.1K +341.4K (+75.1%) 387.80M +197.2M (+103.5%) 1.82% +0.809 pp 0.17% +0.087 pp USD385.42 +26.4% 43 qtrs
10 ASSETMARK, INC 635.0K -11.0K (-1.7%) 309.38M +38.6M (+14.3%) 1.45% +0.018 pp 0.63% +0.051 pp USD258.62 +88.4% 41 qtrs
11 INVESCO LTD. 608.8K -28.5K (-4.5%) 296.62M +29.5M (+11.0%) 1.39% -0.023 pp 0.05% +0.003 pp USD262.88 +85.4% 57 qtrs
12 NORGES BANK 602.2K +602.2K (+100.0%) 293.42M +293.4M (+100.0%) 1.37% +1.375 pp 0.03% +0.031 pp USD487.25 +0.0% 1 qtrs NEW
13 DIMENSIONAL FUND ADVISORS LP 528.2K +15.4K (+3.0%) 257.41M +42.4M (+19.7%) 1.21% +0.069 pp 0.05% +0.008 pp USD162.54 +199.8% 51 qtrs
14 DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) 426.0K +— (+0.0%) 207.57M +29.0M (+16.2%) 0.97% +0.028 pp 2.65% -0.075 pp USD298.00 +63.5% 4 qtrs
15 NORTHERN TRUST CORP 418.4K -28.6K (-6.4%) 203.88M +16.5M (+8.8%) 0.96% -0.036 pp 0.03% +0.002 pp USD200.02 +143.6% 51 qtrs
16 LSV ASSET MANAGEMENT 408.1K -278.6K (-40.6%) 198.83M -89.0M (-30.9%) 0.93% -0.591 pp 0.43% -0.202 pp USD228.15 +113.6% 56 qtrs
17 FMR LLC 403.8K +153.5K (+61.3%) 196.77M +91.8M (+87.5%) 0.92% +0.367 pp 0.01% +0.005 pp USD330.61 +47.4% 70 qtrs
18 MORGAN STANLEY 389.3K -49.5K (-11.3%) 189.68M +5.7M (+3.1%) 0.89% -0.084 pp 0.01% +0.000 pp USD270.65 +80.0% 51 qtrs
19 PRICE T ROWE ASSOCIATES INC /MD/ 352.1K +51.2K (+17.0%) 171.56M +45.4M (+36.0%) 0.80% +0.137 pp 0.02% +0.005 pp USD399.02 +22.1% 75 qtrs
20 BANK OF NEW YORK MELLON CORP 333.6K -17.8K (-5.1%) 162.56M +15.2M (+10.3%) 0.76% -0.018 pp 0.03% +0.000 pp USD147.24 +230.9% 66 qtrs
21 SWEDBANK AB 324.8K -4.3K (-1.3%) 158.25M +20.3M (+14.7%) 0.74% +0.012 pp 0.15% +0.013 pp USD170.71 +185.4% 20 qtrs
22 BAILLIE GIFFORD & CO 323.0K +323.0K (+100.0%) 157.39M +157.4M (+100.0%) 0.74% +0.738 pp 0.13% +0.131 pp USD487.25 +0.0% 1 qtrs NEW
23 PICTET ASSET MANAGEMENT HOLDING SA 306.8K -14.7K (-4.6%) 149.67M +14.8M (+11.0%) 0.70% -0.012 pp 0.15% +0.015 pp USD342.70 +42.2% 10 qtrs
24 D. E. SHAW & CO., INC. 307.0K +242.3K (+374.4%) 149.57M +122.4M (+451.4%) 0.70% +0.557 pp 0.08% +0.067 pp USD461.65 +5.5% 45 qtrs
25 CAISSE DE DEPOT ET PLACEMENT DU QUEBEC 296.3K +198.2K (+201.9%) 144.38M +103.2M (+251.0%) 0.68% +0.459 pp 0.24% +0.171 pp USD417.44 +16.7% 12 qtrs
26 FULLER & THALER ASSET MANAGEMENT, INC. 290.6K -24.7K (-7.8%) 141.60M +9.4M (+7.1%) 0.66% -0.036 pp 0.48% +0.029 pp USD184.47 +164.1% 21 qtrs
27 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 289.9K -23.0K (-7.4%) 141.27M +10.1M (+7.7%) 0.66% -0.032 pp 0.02% +0.001 pp USD150.62 +223.5% 73 qtrs
28 JPMORGAN CHASE & CO 262.2K +14.3K (+5.8%) 127.76M +23.8M (+22.9%) 0.60% +0.049 pp 0.01% +0.002 pp USD242.86 +100.6% 51 qtrs
29 LORD, ABBETT & CO. LLC 258.0K -11.0K (-4.1%) 125.73M +12.9M (+11.5%) 0.59% -0.008 pp 0.39% +0.050 pp USD322.98 +50.9% 7 qtrs
30 EVERSEPT PARTNERS, LP 252.6K -628.0 (-0.2%) 123.08M +16.9M (+15.9%) 0.58% +0.015 pp 6.20% -1.114 pp USD367.10 +32.7% 23 qtrs
31 NUVEEN, LLC 251.8K -35.3K (-12.3%) 122.69M +2.4M (+2.0%) 0.57% -0.062 pp 0.03% +0.000 pp USD322.09 +51.3% 4 qtrs
32 PACER ADVISORS, INC. 241.9K -97.2K (-28.7%) 117.85M -24.3M (-17.1%) 0.55% -0.200 pp 0.30% -0.057 pp USD246.60 +97.6% 26 qtrs
33 VICTORY CAPITAL MANAGEMENT INC 228.4K +118.6K (+108.1%) 111.28M +65.3M (+141.9%) 0.52% +0.278 pp 0.06% +0.036 pp USD383.42 +27.1% 30 qtrs
34 UBS GROUP AG 225.8K +70.4K (+45.3%) 110.04M +44.9M (+68.9%) 0.52% +0.171 pp 0.02% +0.008 pp USD369.04 +32.0% 45 qtrs
35 CAPTION MANAGEMENT, LLC 222.8K -30.8K (-12.1%) 108.56M +2.2M (+2.1%) 0.51% -0.054 pp 0.74% -0.085 pp USD400.39 +21.7% 7 qtrs
36 FIRST TRUST ADVISORS LP 219.0K -81.5K (-27.1%) 106.72M -19.3M (-15.3%) 0.50% -0.166 pp 0.08% -0.016 pp USD208.44 +133.8% 51 qtrs
37 JANE STREET GROUP, LLC 216.8K +169.6K (+359.6%) 105.65M +85.9M (+434.2%) 0.50% +0.390 pp 0.02% +0.013 pp USD459.55 +6.0% 23 qtrs
38 ALLIANCEBERNSTEIN L.P. 206.5K +26.1K (+14.5%) 100.64M +25.0M (+33.1%) 0.47% +0.072 pp 0.03% +0.008 pp USD289.13 +68.5% 61 qtrs
39 BANK OF AMERICA CORP /DE/ 205.1K +12.3K (+6.4%) 99.95M +19.1M (+23.6%) 0.47% +0.041 pp 0.01% +0.002 pp USD277.12 +75.8% 52 qtrs
40 UBS ASSET MANAGEMENT AMERICAS INC 203.4K +158.0 (+0.1%) 99.08M +13.9M (+16.3%) 0.46% +0.014 pp 0.02% +0.003 pp USD243.45 +100.1% 82 qtrs
41 ACADIAN ASSET MANAGEMENT LLC 200.5K +60.7K (+43.4%) 97.67M +39.1M (+66.7%) 0.46% +0.148 pp 0.16% +0.058 pp USD357.32 +36.4% 50 qtrs
42 CITADEL ADVISORS LLC 187.2K -86.8K (-31.7%) 91.20M -23.7M (-20.6%) 0.43% -0.180 pp 0.01% -0.004 pp USD357.42 +36.3% 5 qtrs
43 POINT72 ASSET MANAGEMENT, L.P. 186.2K +86.4K (+86.6%) 90.71M +48.9M (+116.8%) 0.43% +0.204 pp 0.10% +0.031 pp USD450.78 +8.1% 2 qtrs
44 CITIGROUP INC 184.4K -367.1K (-66.6%) 89.85M -141.3M (-61.1%) 0.42% -0.802 pp 0.04% -0.063 pp USD410.77 +18.6% 106 qtrs
45 SUSQUEHANNA INTERNATIONAL GROUP, LLP 182.5K -641.8K (-77.9%) 88.92M -256.6M (-74.3%) 0.42% -1.411 pp 0.01% -0.029 pp USD391.10 +24.6% 51 qtrs
46 FRONTIER CAPITAL MANAGEMENT CO LLC 181.2K +7.2K (+4.2%) 88.28M +15.4M (+21.1%) 0.41% +0.028 pp 0.94% +0.283 pp USD336.06 +45.0% 24 qtrs
47 FRANKLIN RESOURCES INC 181.1K +118.5K (+189.0%) 88.25M +62.0M (+235.9%) 0.41% +0.275 pp 0.02% +0.015 pp USD432.83 +12.6% 22 qtrs
48 LEGAL & GENERAL GROUP PLC 173.6K -26.1K (-13.1%) 84.58M +884.9K (+1.1%) 0.40% -0.046 pp 0.02% +0.000 pp USD192.10 +153.6% 44 qtrs
49 AMUNDI 163.2K +33.2K (+25.5%) 79.52M +20.6M (+35.0%) 0.37% +0.084 pp 0.02% +0.003 pp USD346.27 +40.7% 19 qtrs
50 COMERICA BANK 161.7K +3.7K (+2.4%) 78.78M +12.6M (+19.0%) 0.37% +0.019 pp 0.31% +0.065 pp USD245.74 +98.3% 11 qtrs
51 SOFINNOVA INVESTMENTS, INC. 157.6K -33.0K (-17.3%) 76.81M -3.1M (-3.9%) 0.36% -0.063 pp 3.31% -1.058 pp USD337.23 +44.5% 3 qtrs
52 SEIZERT CAPITAL PARTNERS, LLC 145.5K -1.5K (-1.0%) 70.91M +9.3M (+15.1%) 0.33% +0.006 pp 3.00% +0.325 pp USD297.39 +63.8% 24 qtrs
53 HSBC HOLDINGS PLC 143.6K -12.7K (-8.1%) 70.05M +4.5M (+6.8%) 0.33% -0.019 pp 0.04% -0.001 pp USD320.28 +52.1% 56 qtrs
54 EPOCH INVESTMENT PARTNERS, INC. 142.3K -63.5K (-30.9%) 69.33M -16.9M (-19.6%) 0.32% -0.131 pp 0.39% -0.080 pp USD235.91 +106.5% 18 qtrs
55 CANDRIAM S.C.A. 127.2K +3.8K (+3.1%) 61.99M +10.3M (+19.8%) 0.29% +0.017 pp 0.31% +0.038 pp USD354.92 +37.3% 12 qtrs
56 DEUTSCHE BANK AG\ 124.5K +5.4K (+4.6%) 60.65M +10.7M (+21.5%) 0.28% +0.020 pp 0.02% +0.003 pp USD264.16 +84.5% 50 qtrs
57 RHUMBLINE ADVISERS 121.8K -7.1K (-5.5%) 59.32M +5.3M (+9.8%) 0.28% -0.008 pp 0.05% +0.005 pp USD130.26 +274.1% 51 qtrs
58 TRI LOCUM PARTNERS LP 120.9K -1.3K (-1.0%) 58.92M +7.7M (+15.0%) 0.28% +0.005 pp 7.65% -4.123 pp USD419.21 +16.2% 2 qtrs
59 THRIVENT FINANCIAL FOR LUTHERANS 120.8K -56.0K (-31.7%) 58.87M -15.2M (-20.6%) 0.28% -0.116 pp 0.10% -0.041 pp USD340.15 +43.2% 73 qtrs
60 SWISS NATIONAL BANK 117.7K -5.7K (-4.6%) 57.37M +5.6M (+10.8%) 0.27% -0.005 pp 0.03% +0.004 pp USD172.75 +182.1% 51 qtrs
61 ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. 113.9K +22.8K (+25.0%) 55.47M +17.3M (+45.3%) 0.26% +0.058 pp 0.08% +0.024 pp USD296.17 +64.5% 43 qtrs
62 TD ASSET MANAGEMENT INC 113.1K -25.7K (-18.5%) 55.13M -3.1M (-5.3%) 0.26% -0.050 pp 0.04% -0.003 pp USD281.66 +73.0% 17 qtrs
63 GOLDMAN SACHS GROUP INC 110.8K +29.2K (+35.9%) 53.97M +19.8M (+57.9%) 0.25% +0.072 pp 0.01% +0.002 pp USD329.23 +48.0% 73 qtrs
64 ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC 104.8K +15.0K (+16.7%) 52.05M +12.7M (+32.3%) 0.24% +0.040 pp 0.08% +0.021 pp USD294.92 +65.2% 17 qtrs
65 ORBIMED ADVISORS LLC 105.2K -9.7K (-8.4%) 51.26M +3.1M (+6.4%) 0.24% -0.015 pp 1.05% -0.085 pp USD419.21 +16.2% 2 qtrs
66 POLARIS CAPITAL MANAGEMENT, LLC 103.7K -18.4K (-15.1%) 50.50M -661.1K (-1.3%) 0.24% -0.034 pp 4.19% +0.827 pp USD193.42 +151.9% 20 qtrs
67 AMERIPRISE FINANCIAL INC 101.0K +37.7K (+59.4%) 49.23M +22.7M (+85.3%) 0.23% +0.090 pp 0.01% +0.005 pp USD270.08 +80.4% 55 qtrs
68 QUBE RESEARCH & TECHNOLOGIES LTD 98.3K +68.7K (+232.1%) 47.90M +35.5M (+286.0%) 0.22% +0.159 pp 0.05% +0.036 pp USD435.18 +12.0% 23 qtrs
69 PRINCIPAL FINANCIAL GROUP INC 98.2K -7.6K (-7.2%) 47.83M +3.5M (+7.9%) 0.22% -0.010 pp 0.02% +0.002 pp USD213.90 +127.8% 71 qtrs
70 RETIREMENT SYSTEMS OF ALABAMA 97.3K -3.0K (-3.0%) 47.39M +5.4M (+12.7%) 0.22% 0.000 pp 0.15% +0.014 pp USD164.01 +197.1% 52 qtrs
71 SUMITOMO MITSUI TRUST HOLDINGS, INC. 92.2K -2.5K (-2.7%) 44.90M +5.2M (+13.1%) 0.21% +0.000 pp 0.03% +0.004 pp USD228.88 +112.9% 24 qtrs
72 KRENSAVAGE ASSET MANAGEMENT, LLC 91.3K -6.4K (-6.5%) 44.48M +3.5M (+8.7%) 0.21% -0.008 pp 15.71% -1.731 pp USD135.12 +260.6% 45 qtrs
73 WELLS FARGO & COMPANY/MN 90.9K +12.8K (+16.4%) 44.31M +11.6M (+35.3%) 0.21% +0.034 pp 0.01% +0.002 pp USD274.04 +77.8% 57 qtrs
74 BARCLAYS PLC 90.9K +32.3K (+55.2%) 44.30M +23.3M (+111.0%) 0.21% +0.078 pp 0.01% +0.005 pp USD341.03 +42.9% 51 qtrs
75 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 83.4K -63.3K (-43.2%) 40.62M -20.9M (-33.9%) 0.19% -0.135 pp 0.02% -0.014 pp USD197.67 +146.5% 58 qtrs
76 GOTHAM ASSET MANAGEMENT, LLC 80.0K -939.0 (-1.2%) 38.99M +5.1M (+14.9%) 0.18% +0.003 pp 0.14% -0.005 pp USD267.24 +82.3% 61 qtrs
77 MAN GROUP PLC 79.0K +16.0K (+25.3%) 38.49M +12.1M (+45.6%) 0.18% +0.041 pp 0.07% +0.020 pp USD311.21 +56.6% 24 qtrs
78 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 69.4K -139.2K (-66.7%) 33.80M -53.6M (-61.3%) 0.16% -0.304 pp 0.02% -0.035 pp USD317.56 +53.4% 10 qtrs
79 AMERICAN CENTURY COMPANIES INC 68.0K +31.8K (+88.1%) 33.11M +18.0M (+118.6%) 0.16% +0.075 pp 0.02% +0.009 pp USD377.20 +29.2% 23 qtrs
80 PFM HEALTH SCIENCES, LP 67.7K -27.9K (-29.2%) 33.01M -7.1M (-17.7%) 0.15% -0.057 pp 3.29% +0.208 pp USD369.04 +32.0% 5 qtrs
81 BRIDGEWATER ASSOCIATES, LP 64.6K +48.5K (+302.1%) 31.47M +24.7M (+367.3%) 0.15% +0.112 pp 0.11% +0.088 pp USD447.72 +8.8% 15 qtrs
82 BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. 64.5K +64.5K (+100.0%) 31.47M +31.5M (+100.0%) 0.15% +0.147 pp 0.04% +0.036 pp USD487.25 +0.0% 7 qtrs
83 NOMURA HOLDINGS INC 64.3K -50.4K (-43.9%) 31.33M -16.8M (-34.8%) 0.15% -0.108 pp 0.04% -0.033 pp USD419.21 +16.2% 4 qtrs
84 MILLENNIUM MANAGEMENT LLC 64.1K -194.5K (-75.2%) 31.22M -77.2M (-71.2%) 0.15% -0.427 pp 0.01% -0.033 pp USD380.49 +28.1% 35 qtrs
85 FIRST TURN MANAGEMENT, LLC 63.6K -21.7K (-25.5%) 30.98M -4.8M (-13.4%) 0.15% -0.044 pp 3.54% -1.831 pp USD419.21 +16.2% 2 qtrs
86 ATWOOD & PALMER INC 63.5K -348.0 (-0.5%) 30.96M +4.2M (+15.6%) 0.15% +0.003 pp 1.76% +0.186 pp USD236.62 +105.9% 15 qtrs
87 HRT FINANCIAL LP 63.4K -12.2K (-16.2%) 30.89M -818.0K (-2.6%) 0.14% -0.023 pp 0.10% -0.019 pp USD419.21 +16.2% 2 qtrs
88 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 63.3K -881.0 (-1.4%) 30.84M +3.9M (+14.6%) 0.14% +0.002 pp 0.03% +0.003 pp USD138.53 +251.7% 52 qtrs
89 MANUFACTURERS LIFE INSURANCE COMPANY, THE 61.7K -591.0 (-0.9%) 30.33M +4.2M (+16.2%) 0.14% +0.003 pp 0.02% +0.004 pp USD256.12 +90.2% 51 qtrs
90 TOCQUEVILLE ASSET MANAGEMENT L.P. 61.1K -599.0 (-1.0%) 29.79M +3.9M (+15.1%) 0.14% +0.003 pp 0.43% +0.058 pp USD287.35 +69.6% 3 qtrs
91 WEDGE CAPITAL MANAGEMENT L L P/NC 60.7K -5.9K (-8.8%) 29.57M +1.7M (+6.0%) 0.14% -0.009 pp 0.53% +0.058 pp USD249.02 +95.7% 8 qtrs
92 SOLEUS CAPITAL MANAGEMENT, L.P. 60.0K -90.0K (-60.0%) 29.24M -33.6M (-53.5%) 0.14% -0.196 pp 1.08% -2.087 pp USD255.79 +90.5% 18 qtrs
93 IEQ CAPITAL, LLC 59.0K +46.7K (+381.5%) 28.73M +23.6M (+459.6%) 0.13% +0.108 pp 0.09% +0.070 pp USD460.08 +5.9% 6 qtrs
94 DEKABANK DEUTSCHE GIROZENTRALE 93.5K +— (+0.0%) 24.21M -15.2M (-38.6%) 0.21% +0.006 pp 0.04% -0.025 pp USD202.39 +140.7% 22 qtrs
95 130.0K +130.0K (+100.0%) 633.4K +633.4K (+100.0%) 0.30% +0.297 pp 0.48% +0.482 pp USD487.25 +0.0% 1 qtrs NEW
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.09
Bearish
Ratio by volume
0.77
Neutral
Buys
40
Sells
435
Shares acquired
1.19M
Shares disposed
1.55M
Cash buys
Cash sales
393.00
Net activity
-358,010
Insider buys vs sells (history) From To
Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.33M
Shares Outstanding
43.83M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Martine Rothblatt Chairperson and Chief Executive Officer 1.55M 6.07M 6.08M 4.28M 68.3K 18.04M 67.32%
2 2025 Michael Benkowitz President and Chief Operating Officer 1.44M 3.12M 3.12M 3.32M 3.38M 14.39M 43.42%
3 2025 James Edgemond Chief Financial Officer and Treasurer 955.8K 1.95M 1.95M 1.62M 1.87M 8.35M 46.76%
4 2025 Paul Mahon Executive Vice President and General Counsel 964.2K 1.52M 1.52M 1.50M 29.5K 5.53M 54.91%
5 2024 Martine Rothblatt Chairperson and Chief Executive Officer 1.51M 7.59M 8.02M 5.63M 257.6K 23.01M 67.86%
6 2024 Michael Benkowitz President and Chief Operating Officer 1.19M 3.90M 4.12M 3.06M 1.62M 13.89M 57.79%
7 2024 James Edgemond Chief Financial Officer and Treasurer 860.6K 2.44M 2.58M 1.97M 1.32M 9.16M 54.76%
8 2024 Paul Mahon Executive Vice President and General Counsel 940.0K 1.90M 2.00M 1.97M 146.5K 6.96M 56.05%
9 2023 Martine Rothblatt Chairperson and Chief Executive Officer 1.48M 5.38M 5.93M 4.16M 17.8K 16.96M 66.65%
10 2023 Michael Benkowitz President and Chief Operating Officer 1.10M 2.58M 2.85M 2.13M 1.15M 9.81M 55.32%
11 2023 James Edgemond Chief Financial Officer and Treasurer 790.4K 1.51M 1.66M 1.33M 767.9K 6.05M 52.27%
12 2023 Paul Mahon Executive Vice President and General Counsel 940.0K 1.29M 1.42M 1.46M 41.1K 5.15M 52.63%
13 2022 Martine Rothblatt Chairperson and Chief Executive Officer 1.40M 3.91M 10.8K 5.32M 0.00%
14 2022 Michael Benkowitz President and Chief Operating Officer 973.3K 1.84M 14.2K 2.83M 0.00%
15 2022 Paul Mahon Executive Vice President and General Counsel 934.2K 1.35M 24.6K 2.31M 0.00%
16 2022 James Edgemond Chief Financial Officer and Treasurer 745.2K 1.24M 17.4K 2.01M 0.00%
17 2021 Martine Rothblatt Chairperson and Chief Executive Officer 1.37M 2.13M 10.4K 3.51M 0.00%
18 2021 Michael Benkowitz President and Chief Operating Officer 940.4K 1.00M 372.0K 2.32M 0.00%
19 2021 James Edgemond Chief Financial Officer and Treasurer 721.2K 679.7K 502.4K 1.90M 0.00%
20 2021 Paul Mahon Executive Vice President and General Counsel 905.4K 739.4K 22.4K 1.67M 0.00%
21 2020 Michael Benkowitz President and Chief Operating Officer 944.4K 1.00M 3.18M 5.13M 0.00%
22 2020 Martine Rothblatt Chairperson and Chief Executive Officer 1.35M 1.87M 1.59M 4.81M 0.00%
23 2020 Paul Mahon Executive Vice President and General Counsel 908.1K 737.9K 2.46M 4.10M 0.00%
24 2020 James Edgemond Chief Financial Officer and Treasurer 722.1K 677.3K 1.81M 3.21M 0.00%
25 2019 Martine Rothblatt Chairman and Chief Executive Officer 1.22M 40.01M 1.75M 2.65M 45.64M 87.67%
26 2019 Martine Rothblatt Chairperson and Chief Executive Officer 1.22M 40.01M 1.75M 2.65M 45.64M 87.67%
27 2019 Michael Benkowitz President and Chief Operating Officer 845.6K 15.00M 940.3K 2.85M 19.64M 76.41%
28 2019 Paul Mahon Executive Vice President and General Counsel 812.7K 12.00M 690.6K 3.06M 16.57M 72.45%
29 2019 James Edgemond Chief Financial Officer and Treasurer 645.2K 13.00M 632.8K 1.69M 15.97M 81.43%
30 2018 Martine Rothblatt Chairman and Chief Executive Officer 1.21M 12.80M 2.02M 9.8K 16.04M 79.80%
31 2018 Martine Rothblatt Chairperson and Chief Executive Officer 1.21M 12.80M 2.02M 9.8K 16.04M 79.80%
32 2018 Michael Benkowitz President and Chief Operating Officer 833.3K 3.84M 1.08M 853.2K 6.61M 58.09%
33 2018 Paul Mahon Executive Vice President and General Counsel 820.0K 3.66M 799.5K 21.8K 5.30M 69.02%
34 2018 James Edgemond Chief Financial Officer and Treasurer 645.8K 3.38M 731.3K 483.6K 5.24M 64.51%
35 2017 Martine Rothblatt Chairman and Chief Executive Officer 1.16M 33.12M 1.60M 1.25M 37.13M 89.20%
36 2017 Paul Mahon Executive Vice President and General Counsel 816.0K 9.98M 656.3K 1.42M 12.87M 77.52%
37 2017 Michael Benkowitz President and Chief Operating Officer 733.3K 9.02M 738.8K 1.07M 11.56M 78.03%
38 2017 James Edgemond Chief Financial Officer and Treasurer 620.8K 6.58M 577.1K 871.7K 8.65M 76.08%
39 2016 Roger Jeffs Former President and Co-CEO 484.9K 10.49M 6.04M 17.01M 61.66%
40 2016 Martine Rothblatt Chairman and Chief Executive Officer 1.23M 12.58M 992.5K 621.0K 15.42M 81.58%
41 2016 Paul Mahon Executive Vice President and General Counsel 942.7K 5.24M 413.8K 1.03M 7.63M 68.74%
42 2016 Michael Benkowitz President and Chief Operating Officer 568.4K 3.57M 416.0K 796.2K 5.35M 66.73%
43 2016 James Edgemond Chief Financial Officer and Treasurer 591.0K 2.10M 360.0K 1.06M 4.11M 51.04%
44 2016 David Zaccardelli Former Executive Vice President and Chief Operating Officer 343.7K 3.15M 15.4K 3.51M 89.76%
45 2015 Roger Jeffs President and Co-Chief Executive Officer 925.0K 14.40M 899.1K 610.9K 16.83M 85.53%
46 2015 Roger Jeffs Former President and Co-CEO 925.0K 14.40M 899.1K 610.9K 16.83M 85.53%
47 2015 John Ferrari Former Chief Financial Officer 225.7K 6.95M 1.85M 9.03M 76.97%
48 2015 Paul Mahon Executive Vice President and General Counsel 760.2K 6.95M 495.8K 321.4K 8.53M 81.51%
49 2015 David Zaccardelli Former Executive Vice President and Chief Operating Officer 500.0K 4.53M 324.0K 377.9K 5.73M 79.03%
50 2015 David Zaccardelli Executive Vice President and Chief Operating Officer 500.0K 4.53M 324.0K 377.9K 5.73M 79.03%
51 2015 James Edgemond Chief Financial Officer and Treasurer 380.1K 2.40M 216.0K 13.4K 3.01M 79.76%
52 2015 Martine Rothblatt Chairman and Co-Chief Executive Officer 1.08M 1.17M 18.6K 2.27M 0.00%
53 2015 Martine Rothblatt Chairman and Chief Executive Officer 1.08M 1.17M 18.6K 2.27M 0.00%
54 2014 Martine Rothblatt Chairman and Co-Chief Executive Officer 1.02M 29.46M 1.07M 1.66M 33.21M 88.70%
55 2014 Martine Rothblatt Chairman and Chief Executive Officer 1.02M 29.46M 1.07M 1.66M 33.21M 88.70%
56 2014 Martine Rothblatt Chairman and Co-Chief Executive Officer 1.02M 29.46M 1.07M 23.3K 33.21M 88.70%
57 2014 Roger Jeffs President and Co-Chief Executive Officer 840.4K 5.93M 653.4K 1.42M 8.85M 67.03%
58 2014 Roger Jeffs Former President and Co-CEO 840.4K 5.93M 653.4K 1.42M 8.85M 67.03%
59 2014 Roger Jeffs President and Co-Chief Executive Officer 840.4K 5.93M 653.4K 25.2K 8.85M 67.03%
60 2014 John Ferrari Chief Financial Officer 565.5K 4.24M 351.8K 14.6K 6.65M 63.71%
61 2014 John Ferrari Former Chief Financial Officer 565.5K 4.24M 351.8K 1.50M 6.65M 63.71%
62 2014 Paul Mahon Executive Vice President and General Counsel 731.0K 4.24M 454.7K 1.23M 6.65M 63.72%
63 2014 Paul Mahon Executive Vice President and General Counsel 731.0K 4.24M 454.7K 16.4K 6.65M 63.72%
64 2013 Martine Rothblatt Chairman and Co-Chief Executive Officer 992.7K 36.10M 1.10M 25.3K 38.22M 94.45%
65 2013 Martine Rothblatt Chairman and Co-Chief Executive Officer 992.7K 36.10M 1.10M 25.3K 38.22M 94.45%
66 2013 Martine Rothblatt Chief Executive Officer 992.7K 36.10M 1.10M 25.3K 38.22M 94.45%
67 2013 Roger Jeffs President and Co-Chief Executive Officer 808.1K 4.07M 671.0K 25.5K 5.57M 73.00%
68 2013 Roger Jeffs President and Chief Operating Officer 808.1K 4.07M 671.0K 25.5K 5.57M 73.00%
69 2013 Roger Jeffs President and Co-Chief Executive Officer 808.1K 4.07M 671.0K 25.5K 5.57M 73.00%
70 2013 John Ferrari Chief Financial Officer 543.8K 2.90M 361.2K 13.4K 4.26M 68.22%
71 2013 John Ferrari Former Chief Financial Officer 543.8K 2.90M 361.2K 448.4K 4.26M 68.22%
72 2013 Paul Mahon Executive Vice President and General Counsel 702.9K 2.90M 466.9K 16.4K 4.09M 71.01%
73 2013 Paul Mahon Executive Vice President and General Counsel 702.9K 2.90M 466.9K 16.4K 4.09M 71.01%
74 2012 Martine Rothblatt Chairman and Co-Chief Executive Officer 959.6K 3.02M 983.4K 26.3K 7.96M 38.01%
75 2012 Martine Rothblatt Chief Executive Officer 959.6K 3.02M 983.4K 26.3K 7.96M 38.01%
76 2012 Roger Jeffs President and Chief Operating Officer 778.2K 3.18M 598.2K 25.1K 6.82M 46.70%
77 2012 Roger Jeffs President and Co-Chief Executive Officer 778.2K 3.18M 598.2K 25.1K 6.82M 46.70%
78 2012 Paul Mahon Executive Vice President and General Counsel 676.9K 2.27M 416.3K 14.1K 5.31M 42.83%
79 2012 John Ferrari Chief Financial Officer and Treasurer 514.8K 2.27M 332.1K 12.6K 4.76M 47.77%
80 2012 John Ferrari Chief Financial Officer 514.8K 2.27M 322.1K 12.6K 4.76M 47.77%
81 2011 Roger Jeffs President and Chief Operating Officer 754.3K 2.70M 489.7K 23.9K 4.78M 56.36%
82 2011 Paul Mahon Executive Vice President and General Counsel 656.2K 1.93M 340.8K 13.8K 3.62M 53.21%
83 2011 John Ferrari Chief Financial Officer and Treasurer 463.1K 1.93M 236.1K 13.4K 3.40M 56.61%
84 2011 Martine Rothblatt Chief Executive Officer 931.5K 805.0K 15.2K 3.16M 0.00%
85 2010 Martine Rothblatt Chief Executive Officer 874.8K 900.0K 56.2K 17.62M 0.00%
86 2010 Roger Jeffs President and Chief Operating Officer 725.0K 4.55M 550.0K 39.3K 6.81M 66.80%
87 2010 Paul Mahon Executive Vice President and General Counsel 630.0K 3.25M 375.0K 13.8K 5.06M 64.14%
88 2010 John Ferrari Chief Financial Officer and Treasurer 437.7K 3.25M 250.0K 9.9K 4.77M 68.09%
89 2009 Martine Rothblatt Chief Executive Officer 798.2K 14.58M 440.1K 19.3K 17.59M 82.87%
90 2009 Roger Jeffs President and Chief Operating Officer 710.0K 6.36M 288.2K 12.0K 8.67M 73.29%
91 2009 Roger Jeffs President and Chief Operating 710.0K 288.2K 12.0K 8.67M 0.00%
92 2009 Paul Mahon Executive Vice President and General Counsel 615.0K 4.69M 194.9K 13.7K 6.58M 71.18%
93 2009 Paul Mahon Executive Vice President, Strategic Planning and 615.0K 194.9K 13.7K 6.58M 0.00%
94 2009 John Ferrari Chief Financial Officer and Treasurer 407.7K 4.33M 118.7K 9.7K 5.67M 76.34%
95 2008 Roger Jeffs President and Chief Operating Officer 701.3K 14.6K 409.8K 8.2K 11.32M 0.00%
96 2008 Roger Jeffs President and Chief Operating 701.3K 14.6K 409.8K 8.2K 11.32M 0.00%
97 2008 Paul Mahon Executive Vice President, Strategic Planning and 607.5K 9.8K 274.6K 10.2K 8.32M 0.00%
98 2008 Paul Mahon Executive Vice President and General Counsel 607.5K 9.8K 274.6K 10.2K 8.32M 0.00%
99 2008 John Ferrari Chief Financial Officer and Treasurer 380.0K 6.0K 169.0K 8.4K 5.91M 0.00%
100 2008 Martine Rothblatt Chief Executive Officer 796.3K 22.5K 633.8K 15.9K 5.57M 0.00%
101 2007 Martine Rothblatt Chief Executive Officer 767.1K 12.0K 588.0K 19.8K 25.34M 0.00%
102 2007 Roger Jeffs President and Chief Operating Officer 668.8K 8.4K 411.6K 8.9K 4.41M 0.00%
103 2007 Roger Jeffs President and Chief Operating 668.8K 8.4K 411.6K 8.9K 4.31M 0.00%
104 2007 Paul Mahon Executive Vice President, Strategic Planning and 578.8K 5.0K 345.0K 10.2K 3.23M 0.00%
105 2007 John Ferrari Chief Financial Officer and Treasurer 300.0K 2.8K 137.2K 7.4K 1.83M 0.00%
106 2006 Fred Hadeed, CFO 588.3K 5.81M 75.0K 1.48M 7.95M 73.08%
107 2006 Roger Jeffs President and Chief Operating Officer 650.0K 210.0K 8.5K 6.55M 0.00%
108 2006 Roger Jeffs, President 650.0K 2.55M 210.0K 8.5K 6.55M 38.90%
109 2006 Martine Rothblatt, CEO 725.0K 300.0K 9.5K 6.24M 0.00%
110 2006 Martine Rothblatt Chief Executive Officer 725.0K 300.0K 9.5K 6.24M 0.00%
111 2006 Paul Mahon, Exec. VP 560.0K 1.96M 120.0K 10.1K 5.04M 38.83%
112 2006 Paul Mahon Executive Vice President, Strategic Planning and 560.0K 120.0K 10.1K 5.04M 0.00%
113 2006 John Ferrari, CFO 199.4K 302.6K 50.0K 4.7K 1.14M 26.59%
114 2006 John Ferrari Chief Financial Officer and Treasurer 199.4K 25.2K 4.7K 1.11M 0.00%
115 2005 Roger Jeffs President and Chief Operating Officer 600.0K 120.0K 3.52M 4.24M 0.00%
116 2005 Fred T. Hadeed Executive Vice President for Business Development and 600.0K 80.0K 2.89M 3.57M 0.00%
117 2005 Paul A. Mahon Executive Vice President, Strategic Planning, General 535.0K 60.0K 2.53M 3.13M 0.00%
118 2005 Martine A. Rothblatt Chairman and Chief Executive Officer 660.0K 180.0K 13.5K 853.5K 0.00%
119 2004 Roger Jeffs President and Chief Operating Officer 550.0K 200.0K 1.30M 2.05M 0.00%
120 2004 Fred T. Hadeed Executive Vice President for Business Development and 500.0K 125.0K 618.7K 1.24M 0.00%
121 2004 Paul A. Mahon Executive Vice President, Strategic Planning, General 500.0K 100.0K 616.3K 1.22M 0.00%
122 2004 Martine A. Rothblatt Chairman and Chief Executive Officer 600.0K 300.0K 9.8K 909.8K 0.00%
123 2003 Roger Jeffs President and Chief Operating Officer 500.0K 200.0K 565.8K 1.27M 0.00%
124 2003 Martine A. Rothblatt Chairman and Chief Executive Officer 600.0K 600.0K 0.00%
125 2003 Paul A. Mahon Executive Vice President, Strategic Planning, General 400.0K 150.0K 550.0K 0.00%
126 2003 Fred T. Hadeed Executive Vice President for Business Development and 400.0K 150.0K 550.0K 0.00%
127 2003 David Walsh Executive Vice President and Chief Operating Officer for Production 226.8K 56.1K 282.9K 0.00%
128 2002 Martine A. Rothblatt Chairman and Chief Executive Officer 490.6K 317.5K 808.1K 0.00%
129 2002 Roger Jeffs President and Chief Operating Officer 288.8K 227.1K 515.9K 0.00%
130 2002 Paul A. Mahon Senior Vice President, General Counsel and Secretary 300.0K 125.3K 425.3K 0.00%
131 2002 Paul A. Mahon Executive Vice President, Strategic Planning, General 300.0K 125.3K 425.3K 0.00%
132 2002 Fred T. Hadeed Chief Financial Officer 264.7K 120.8K 841.00 386.3K 0.00%
133 2002 Fred T. Hadeed Executive Vice President for Business Development and 264.7K 120.8K 385.5K 0.00%
134 2002 David Walsh Executive Vice President and Chief Operating Officer for Production 210.0K 54.2K 251.00 264.5K 0.00%
135 2002 David Walsh Executive Vice President and Chief Operating Officer for Production 210.0K 54.2K 264.2K 0.00%
136 2001 Martine A. Rothblatt Chairman and Chief Executive Officer 296.3K 12.6K 308.9K 0.00%
137 2001 Roger Jeffs President and Chief Operating Officer 250.1K 9.2K 259.3K 0.00%
138 2001 Fred T. Hadeed Executive Vice President for Business Development and 199.9K 8.7K 208.6K 0.00%
139 2001 Fred T. Hadeed Chief Financial Officer 199.9K 8.7K 208.6K 0.00%
140 2001 David Walsh Executive Vice President and Chief Operating Officer for Production 175.3K 7.1K 22.8K 205.2K 0.00%
141 2001 Paul A. Mahon Senior Vice President, General Counsel and Secretary 162.5K 8.8K 171.3K 0.00%
142 2001 Paul A. Mahon Executive Vice President, Strategic Planning, General 162.5K 8.8K 171.3K 0.00%
143 2000 Martine A. Rothblatt Chairman and Chief Executive Officer 244.2K 109.5K 353.7K 0.00%
144 2000 Roger Jeffs President and Chief Operating Officer 181.1K 154.0K 335.1K 0.00%
145 2000 David Walsh Executive Vice President and Chief Operating Officer for Production 150.0K 56.9K 17.2K 224.1K 0.00%
146 2000 Fred T. Hadeed Chief Financial Officer 134.6K 47.7K 182.3K 0.00%
147 2000 Paul A. Mahon Senior Vice President, General Counsel and Secretary
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-29 DEFA14A
2026-04-29 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-06 8-K
2026-05-06 4
2026-05-06 10-Q
2026-05-05 4
2026-05-05 4
2026-05-04 4
2026-05-01 4
2026-05-01 4
2026-04-30 SC 13G
2026-04-30 4

Executive team

NameTitleCompensationGender
Martine A. Rothblatt Founder, Chairman & Chief Executive Officer 6M
Michael I. Benkowitz President & Chief Operating Officer 5M male
James C. Edgemond Chief Financial Officer & Treasurer 3M male
Paul A. Mahon Executive Vice President, General Counsel & Corporate Secretary 2M male
Leigh Peterson Executive Vice President of Product Development & Xenotransplantation
Harrison Silvers Manager of Investor Relations
Holly Hobson Associate Vice President of Human Resources female
Gil Golden Senior Vice President & Chief Medical Officer male
ESG Rating
C+
BIOTECHNOLOGY
2016
E (Environmental)
48.4 / 56.3
Company / Sector avg.
S (Social)
47.8 / 62.4
Company / Sector avg.
G (Governance)
52.6 / 60.9
Company / Sector avg.
ESG Total
49.6 / 59.9
Company / Sector avg.
ESG Score History BIOTECHNOLOGY
Benchmark vs Sector
Political Trading Activity (25M)
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity
Transaction Date Disclosed Representative District Owner Type Amount Link
2025-06-11 2025-08-13 Lisa McClain MI09 Spouse Purchase $1,001 - $15,000
2023-05-12 2023-06-22 Michael McCaul TX10 Sale $15,001 - $50,000
2023-05-12 2023-06-22 Michael McCaul TX10 Spouse Sale $100,001 - $250,000
2022-03-01 2022-04-18 Michael McCaul TX10 Spouse Purchase $15,001 - $50,000
2022-03-01 2022-04-18 Michael McCaul TX10 Purchase $1,001 - $15,000
2022-01-28 2022-02-23 Michael McCaul TX10 Spouse Sale $15,001 - $50,000
2022-01-28 2022-02-23 Michael McCaul TX10 Sale $1,001 - $15,000
2019-03-06 2020-04-27 Donna Shalala FL27 -- Sale (Full) $1,001 - $15,000
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits