Stocktoria

Sanofi SAN.PA

FR · Euronext Paris · XPAR · stock · Healthcare · website

Sanofi statistics & valuation

Market cap€91.6B
P / E11.7×
P / S2.0×
P / B1.3×
P / FCF12.7×
Net margin16.7%
FCF margin15.4%
Net debt€12.7B
Enterprise value USD$120.3B
Earnings yield EBIT/EV9.2%
Return on capital9.7%
Graham number +21.2%€92.62

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€92.62); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
20.60% 13.00% 12.60% 16.70% 2022202320242025
Gross margin (%)
70.70% 69.70% 70.20% 72.10% 2022202320242025
Operating margin (%)
26.90% 20.90% 20.10% 20.50% 2022202320242025
Return on equity (%)
11.20% 7.30% 7.20% 10.90% 2022202320242025
Shares outstanding
1.20B 1.20B 1.20B 1.20B 2022202320242025
Net debt (€)
€8.48B €9.71B €10.46B €12.67B 2022202320242025
Share buybacks (€)
€497.0M €593.0M €302.0M €5.03B 2022202320242025
Return on assets (%)
6.60% 4.30% 4.20% 6.20% 2022202320242025
Free cash flow margin (%)
20.80% 17.70% 13.30% 15.40% 2022202320242025
Debt / equity (×)
0.28× 0.25× 0.23× 0.28× 2022202320242025
EPS (€)
€5.37 €4.31 €4.59 €6.40 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Sanofi trades at about 11.9× earnings — below its 10-year norm (10-year range 12.4×–22.7×, median 21.7×).

11.9× 22.7×

Shaded band = 10-year range (12.4×–22.7×); dot = today's 11.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin72.1%70.2%69.7%70.7%
Operating margin20.5%20.1%20.9%26.9%
Net margin16.7%12.6%13.0%20.6%
FCF margin15.4%13.3%17.7%20.8%
Return on assets6.2%4.2%4.3%6.6%
Return on equity10.9%7.2%7.3%11.2%
Debt / equity0.20×0.15×0.19×0.20×
Current ratio1.091.461.271.42

Computed from company filings · FR · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.