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Stocks / United States / TEVA · Pharmaceutical Preparations · NYSE

Teva Pharmaceutical Industries Ltd. (TEVA)

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Teva Pharmaceutical Industries Ltd. (TEVA) reported revenue of $4.1 billion for Q2 FY2026, the quarter ended 30 June 2026, down 0.8% on the same quarter a year earlier. Net income was -$576 million, and diluted earnings per share $-0.49. The figures are the company's own, from the 10-Q it filed with the SEC on 29 July 2026.

Revenue$4.1 billiondown 0.8%
Net income-$576 million
Diluted EPS$-0.49
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROE9.1%
ROCE20.7%
Operating margin9.3%
Net margin4.1%
FCF margin7.8%
Interest covern/a
Debt to equity0.00
Cash conversion2.68
Share count, 1 year1.6%
Sales CAGR, 3 years5.0%
Profit CAGR, 3 yearsn/a
EPS, TTM$0.61

At the close of 25 September 2026

Price$39.19
Market cap$45.7 billion
Stock P/E64.25
Price to book5.89
EV / EBITDA16.21
Dividend yield0.0%
Market cap / sales2.64
52-week high$40.22
52-week low$18.34
Price, 1 year113.5%
Price CAGR, 3 years56.5%
Price CAGR, 5 years34.4%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, SimFin, daily share prices, by SimFin, for splits. Debt to equity here stands on the borrowings Teva Pharmaceutical Industries Ltd. reports under its own heading, at the balance sheet of 31 December 2021, the latest that carries it, which is the only one it files; lease liabilities are separate lines. Nothing here is a valuation or a view.

Price, 21 September 2021 to 25 September 2026

Daily closes from SimFin, daily share prices, by SimFin, for splits; the last is 25 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on TEVA

Filings20 in twelve months: 12 current reports (8-K), about 5 results of operations; 3 other events; 2 material agreement; 2 new financial obligation; 2 regulation fd disclosure
Planned insider sales38 Form 144 notices in twelve months, $94.3 million; latest 21 September 2026
Options tapeput/call 0.6 by open interest on 27 September 2026; the straddle prices a 3.9% move to 2 October 2026
Holders12 of the followed funds hold it; largest Norges Bank; 4 Schedule 13D or 13G filings in twelve months
Insider trading40 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest31.5 million shares short, 27.35 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 5 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023 †Q4 FY2023 * †Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue3,8504,4573,8194,1644,3324,2293,8914,1764,4804,7113,9824,142
Cost of revenue1,9992,0402,0482,1402,1832,1102,0142,0742,1762,0562,0111,989
Gross profit1,8512,4161,7712,0242,1482,1211,8772,1022,3042,6551,9722,153
Gross margin48%54%46%49%50%50%48%50%51%56%50%52%
R&D253226242269240247247244256266222970
Operating income344756-218-5.0-51.0-29.0519455882301652-231
Operating margin9%17%-6%-0%-1%-1%13%11%20%6%16%-6%
Pre-tax income64.0507-467-246-324-24729420364680.0437-455
Tax rate-19%8%n/an/an/an/a25%-38%33%-488%15%n/a
Net income69.0464-139-846-437-217214282433481369-576
Net margin2%10%-4%-20%-10%-5%5%7%10%10%9%-14%
Diluted EPS$0.07$0.38-$0.12-$0.75-$0.39-$0.19$0.18$0.24$0.37$0.42$0.31-$0.49
Operating cash flow5.01,184-124103693575-1052273691,158-40.0411
Capital expenditure14911912497.014812912796.0136142168104
Free cash flow-1441,065-2486.0545446-2321312331,016-208307
Shares outstanding1,121m1,121m1,133m1,133m1,133m1,134m1,147m1,147m1,147m1,150m1,164m1,165m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016FY2017 †FY2018 †FY2019 †FY2020 †FY2021 †FY2022 †FY2023FY2024FY2025TTM
Revenue20,27219,65221,90321,85318,27116,88716,65915,87814,92515,84616,54417,25817,315
Cost of revenue9,2168,29610,25011,2379,9759,3518,9338,2847,9528,2008,4818,3208,232
Gross profit11,05611,35611,65310,6158,2967,5377,7267,5946,9737,6458,0648,9389,084
Gross margin54.5%57.8%53.2%48.6%45.4%44.6%46.4%47.8%46.7%48.2%48.7%51.8%52.5%
Research and development0.035.04221751141,01099796798.09539981,0131,714
Operating income3,9513,3522,154-17,484-1,637-443-3,5721,716-2,197433-3032,1571,604
Operating margin19.5%17.1%9.8%-80.0%-9.0%-2.6%-21.4%10.8%-14.7%2.7%-1.8%12.5%9.3%
Interest expense3002705468759208229018919301,0291,002916n/a
Pre-tax income3,6382,352824-18,379-2,596-1,265-4,406658-3,163-624-1,2841,223708
Income tax591634521-1,933-195-278-168211-643-7.0676-18012.0
Effective tax rate16.2%27.0%63.2%n/an/an/an/a32.1%n/an/an/a-14.7%1.7%
Net income3,0551,588329-16,265-2,150-999-3,990417-2,446-559-1,6391,410707
Net margin15.1%8.1%1.5%-74.4%-11.8%-5.9%-24.0%2.6%-16.4%-3.5%-9.9%8.2%4.1%
Diluted EPS$3.56$1.82$0.07-$16.26-$2.35-$0.91-$3.64$0.38-$2.12-$0.50-$1.45$1.21$0.61
Filing20-F20-F10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014 †FY2015 †FY2016FY2017 †FY2018 †FY2019 †FY2020 †FY2021 †FY2022 †FY2023FY2024FY2025TTM
Operating cash flow5,1275,5423,8902,2252,4467481,2167981,5901,3681,2471,6491,898
Capital expenditure929772901874651525578562548526498501550
Free cash flow4,1984,7702,9891,3511,7952236382361,0428427491,1481,348
Free cash flow margin20.7%24.3%13.6%6.2%9.8%1.3%3.8%1.5%7.0%5.3%4.5%6.7%7.8%
Depreciation and amortisation1,5081,3081,5242,1121,8421,7221,5571,3301,3081,1531,0591,002987
Share-based compensation95.0117124133155119129119124121123157168
Buybacks5004390.00.0n/an/an/an/an/an/an/an/an/a
Dividends paid1,1561,1551,30390112.0n/an/an/an/an/an/an/an/a
Dividend per share$1.34$1.36$1.36$1.36$0.00$0.00n/an/an/an/an/an/an/a
Diluted shares, weighted858m864m0m0m0m1,091m1,095m1,107m1,110m1,119m1,131m1,163m1,165m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/a1,165m
Filing20-F20-F10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016FY2017 †FY2018 †FY2019 †FY2020 †FY2021 †FY2022 †FY2023FY2024FY2025TTM
Total assets46,42054,25892,89070,61560,68357,47050,64047,66644,00643,47939,32640,74839,857
Cash and equivalents2,2266,9469889631,7821,9752,1772,1652,8013,2263,3003,5563,655
Receivables5,4085,3507,5237,1285,8225,6764,5814,5293,6963,4083,0593,7093,493
Inventory4,3713,9664,9544,9244,7314,4224,4033,8183,8334,0213,0073,1793,221
Goodwill18,40819,02544,40928,41424,91724,84620,62417,63317,17717,17715,14716,00015,839
Long-term debt8,5668,35832,52428,829n/an/an/an/an/an/an/an/an/a
Borrowings, as the company tags them1,4011,1636,1583,426n/an/an/a40.0n/an/an/an/an/a
Operating lease liabilitiesn/an/an/an/an/a435479416349320296288282
Shareholders' equity23,31329,76933,33717,35914,70713,97210,02610,2787,8047,5065,3737,9107,753
Filing20-F20-F10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded-1.3%0.7%5.0%4.1%
Profit growth, compounded-1.2%n/an/an/a
Return on equity, average-20.2%-9.5%-6.7%17.8%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Filings

FilingPeriodFiledWhere
10-Q30 June 202629 July 2026EDGAR
10-Q31 March 202629 April 2026EDGAR
10-K31 December 20253 February 2026EDGAR
10-Q30 September 20255 November 2025EDGAR
10-Q30 June 202530 July 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-K31 December 20245 February 2025EDGAR
10-Q30 September 20246 November 2024EDGAR
10-Q30 June 202431 July 2024EDGAR
10-Q31 March 20248 May 2024EDGAR

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