UTHR

UNITED THERAPEUTICS Corp

Ticker: UTHRHealthcarePharmaceutical Preparations
HQ SILVER SPRING, MDCIK 1082554FY end 12-31Book / share $137.64Shares 47M
Revenue (FY)
$3.18B+10.61%
TTM $3.15B
Op. margin
46.89%-0.96%
TTM 44.44%
Net income
$1.33B+11.68%
TTM $1.31B
Operating cash
$1.56B+17.64%
TTM $1.69B
Free cash flow
$1.04B-3.69%
TTM $1.09B
Return on equity
18.81%+0.26%
TTM 20.48%
Debt / equity
0.00-0.05%
Shares outstanding
47.9M-1.24%
TTM 46.5M

The business

United Therapeutics Corporation (NASDAQ: UTHR) is a biopharmaceutical company dedicated to developing innovative therapies for patients with serious diseases and unmet medical needs, with a particular focus on pulmonary arterial hypertension and organ transplantation technologies. The company operates as a public benefit corporation with an explicit mission to transform the treatment of rare diseases and expand the availability of transplantable organs through innovative organ manufacturing technologies.

The company's commercial product portfolio generates the majority of revenues through pulmonary hypertension treatments. Tyvaso DPI and Nebulized Tyvaso, both formulations of treprostinil, represent the largest revenue contributor at 59 percent of total revenues. Remodulin, another treprostinil formulation for continuous infusion, accounts for 17 percent of revenues, while Orenitram, an oral prostacyclin analogue, represents 16 percent. The company also markets Adcirca, a phosphodiesterase type 5 inhibitor, and Unituxin, a monoclonal antibody for high-risk neuroblastoma, which together comprise approximately eight percent of revenues. These products are distributed through specialty pharmaceutical channels in the United States and internationally.

Beyond commercial pharmaceuticals, United Therapeutics operates an extensive research and development pipeline focused on expanding treatment options for pulmonary fibrosis conditions and developing next-generation therapies. The company is advancing clinical programs including ralinepag, an oral prostacyclin receptor agonist in phase 3 development, and nebulized treprostinil formulations for idiopathic pulmonary fibrosis and progressive pulmonary fibrosis.

The company's organ manufacturing and transplantation division represents a significant strategic initiative. This includes xenotransplantation programs developing gene-edited porcine organs, regenerative medicine platforms through subsidiaries Miromatrix and IVIVA focused on manufactured kidney and liver alternatives, and ex vivo lung perfusion services through Lung Bioengineering. The company also invests in sustainable organ delivery infrastructure, including electric and hydrogen-electric aircraft development partnerships.

United Therapeutics maintains operations across multiple locations including principal executive offices in Silver Spring, Maryland and Durham, North Carolina, with additional facilities supporting organ manufacturing, research, and clinical operations nationwide.

Sector
Healthcare
Industry
Pharmaceutical Preparations
HQ
SILVER SPRING, MD
FY end
12-31
CIK
1082554
SIC
2834
Financial performance · annual
20132025
$-433.22M$552.94M$1.54B$2.53B$3.51B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds UNITED THERAPEUTICS Corp — across funds, superinvestors and bonds · N-PORT 2026Q1 · 13F 2026-03-31

662
funds hold it
0 of 36
superinvestors hold it
$8.62B
fund-held value
36.4%
of shares held by funds

Top fund holders

Fund% of fundValue
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.80%$845.29M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.04%$825.74M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.36%$599.25M
VANGUARD HEALTH CARE FUND
VGHCX · VANGUARD SPECIALIZED FUNDS
1.07%$418.82M
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.63%$381.60M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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