Amgen Inc.

Amgen Inc.

AMGN
Amgen Inc.US flagNASDAQ Global Select
439.33
USD
+5.60
- -
237.11BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
24.8
26.43
28.58
30.74
31.26
35.93
38.61
43.39
45.58
48.93
52.69
62.24
68.31
70.64
Basic EPS, GAAP
6.75
6.8
9.15
10.32
2.71
12.7
12.96
12.4
10.34
12.18
12.56
7.62
14.33
16.21
Free Cash Flow per Basic Share
7.43
10.47
11.98
12.72
14.38
15.97
14.1
16.88
14.7
16.33
13.76
19.36
15.06
18.87
Dividend per Share
1.88
2.44
3.16
4.01
4.6
5.31
5.8
6.41
7.04
7.8
8.52
9
9.52
9.8
Book Value per Share
29.28
33.9
37.25
40.48
34.95
19.85
16.36
16.27
12
6.86
11.64
10.94
16.07
21.6
Tangible Book Value per Share
-8.13
-2.24
2.19
6.57
2.59
-15.31
-41.33
-37.81
-41.86
-52.34
-84.12
-75.34
-59.94
-50.77
Basic Weighted Avg Shares
753
759
758
748
731
661
605
586
570
538
535
537
538
539
Sales/Revenue/Turnover
18,676
20,063
21,662
22,991
22,849
23,747
23,362
25,424
25,979
26,323
28,190
33,424
36,751
38,095
Operating Margin (%)
31.41
30.86
39.1
42.6
43.65
43.22
41.41
35.95
29.4
36.34
28.01
21.71
24.71
29.99
Depreciation Expense
1,286
2,092
2,108
2,105
1,955
1,946
2,206
3,601
3,398
3,417
4,071
5,592
5,167
4,667
Net Income, GAAP
5,081
5,158
6,939
7,722
1,979
8,394
7,842
7,264
5,893
6,552
6,717
4,090
7,711
8,743
Effective Tax Rate (%)
3.49
7.65
13.02
15.73
79.38
12.06
14.18
10.68
12.06
10.81
14.49
11.26
14.09
15.01
Profit Margin (%)
27.21
25.71
32.03
33.59
8.66
35.35
33.57
28.57
22.68
24.89
23.83
12.24
20.98
22.95
Working Capital
19,420
27,705
29,851
34,806
40,456
24,130
5,605
9,491
7,201
6,499
11,940
5,931
3,568
9,459
LT Debt
29,623
30,215
29,182
30,193
34,190
29,510
26,950
32,895
33,222
37,354
63,170
56,549
50,005
51,859
Total Equity
22,096
25,778
28,083
29,875
25,241
12,500
9,673
9,409
6,700
3,661
6,232
5,877
8,658
11,688
Return on Invested Capital (%)
11.35
10.33
12.7
13.31
3.29
16.87
19.18
19.58
16.01
20.19
11.61
9.13
11.8
14.64
Return on Capital (%)
12.16
11.1
13.61
14.17
3.6
17.98
20.81
20.47
16.86
18.9
16.18
10.07
15.6
16.6
Return on Common Equity (%)
24.69
21.55
25.77
26.65
7.18
44.48
70.73
76.13
73.16
126.47
135.79
67.55
106.1
91.47

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4,599
5,437
5,445
LT Borrowings
50,005
51,886
51,859
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
539
540
541
Market Capitalization
176,355
189,893
195,907

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
29,057
31,475
34,961
Cash, Cash Equivalents & STI
9,129
12,038
13,989
Accounts Receivable, Net
9,570
9,138
10,227
Inventories
6,225
6,186
6,220
Total Current Liabilities
25,489
24,955
25,502
Payables & Accruals
19,453
19,518
20,057
ST Debt
4,599
5,437
5,445
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.73%
7.54%
47.32%
Free Cash Flow
0.49%
-1.5%
-22.07%
Net Income, GAAP
29.14%
8.85%
88.53%
Sales/Revenue/Turnover
5.58%
7.82%
9.95%
Total Cash Common Dividend
8.08%
6.42%
6.04%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,447
8,388
8,503
9,086
33,424
2025
8,149
9,179
9,557
9,866
36,751
2026
8,618
10,054
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.21
1.39
5.27
1.17
7.62
2025
3.22
2.66
5.98
2.47
14.33
2026
3.37
4.4
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.25
2.25
2.25
2.24
9
2025
2.38
2.38
2.38
2.38
9.52
2026
2.51
2.52
- -
- -
- -

Company Description

CEO
Robert A. Bradway
Full Time Employees
31,500
Sector
Healthcare
Industry
Drug Manufacturers - General
Address
One Amgen Center Drive Thousand Oaks CA United States of America 91320-1799
IPO Date
Jun 17, 1983
Website
amgen.com
Business
Amgen Inc. discovers, develops, manufactures and delivers innovative human therapeutics worldwide, focusing on biotechnology to treat serious illnesses in oncology, inflammation, cardiovascular disease, bone health, nephrology, neuroscience and rare diseases. Headquartered in Thousand Oaks, California, the company was founded in 1980 as Applied Molecular Genetics and pioneered the biotechnology industry with recombinant DNA technology. Amgen operates globally with manufacturing facilities in the United States, Ireland, Puerto Rico, Singapore, the Netherlands and other locations, serving patients through wholesalers and healthcare providers. The company's principal products include Prolia and Xgeva (denosumab) for osteoporosis and bone diseases; Enbrel (etanercept) for autoimmune diseases such as rheumatoid arthritis, psoriatic arthritis and plaque psoriasis; Repatha (evolocumab) for hyperlipidemia; Otezla (apremilast) for psoriasis and psoriatic arthritis; Tepezza (teprotumumab) for Graves' ophthalmopathy; Evenity (romosozumab) for osteoporosis; Kyprolis (carfilzomib) for multiple myeloma; Nplate (romiplostim) for thrombocytopenia; Aranesp (darbepoetin alfa) for anemia; Neulasta (pegfilgrastim) and Neupogen (filgrastim) for neutropenia; Epogen (epoetin alfa) for anemia; Aimovig (erenumab) for migraine; Blincyto (blinatumomab) for acute lymphoblastic leukemia; Lumakras (sotorasib) for KRAS G12C-mutated non-small cell lung cancer; Tezspire (tezepelumab) for severe asthma; Vectibix (panitumumab) for colorectal cancer; Parsabiv (etelcalcetide) for secondary hyperparathyroidism; biosimilars such as Amjevita (adalimumab), Mvasi (bevacizumab), Kanjinti (trastuzumab), Riabni (rituximab) and Avsola (infliximab); and rare disease therapies including Krystexxa (pegloticase), Uplizna (inebilizumab) and Tavneos (avacopan). Amgen maintains a robust pipeline with 17 Phase III programs, including MariTide (maridebart cafraglutide), an investigational once-monthly anti-obesity therapy; Imdelltra (tarlatamab), a bispecific T-cell engager for extensive-stage small cell lung cancer; and advancements in oncology, cardiovascular and rare disease areas. Recent developments include major manufacturing expansions with a $650 million investment at its Juncos, Puerto Rico facility announced in September 2025 to enhance biologics production and create nearly 750 jobs; a $900 million expansion at its New Albany, Ohio biomanufacturing plant in April 2025; a $600 million Center for Science and Innovation at its Thousand Oaks headquarters broken ground in October 2025; and a $1 billion project at its Holly Springs, North Carolina site. In August 2025, Royalty Pharma acquired a royalty interest in Amgen's Imdelltra from BeOne Medicines for $885 million upfront. The company strengthened its portfolio through acquisitions including Horizon Therapeutics for $27.8 billion in 2023 adding Tepezza, Krystexxa and Uplizna; ChemoCentryx for $3.7 billion in 2022 adding Tavneos; and others such as Otezla from Celgene in 2019. Amgen continues collaborations like those with Kyowa Kirin, AstraZeneca and Generate Biomedicines, while advancing AI partnerships with Amazon Web Services for drug discovery announced in 2023.

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