Amgen Financial Statements From 2010 to 2026

AMGN Stock  USD 366.20  0.38  0.10%   
Amgen's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Amgen's valuation are provided below:
Gross Profit
26 B
Profit Margin
0.2098
Market Capitalization
197.6 B
Enterprise Value Revenue
6.6137
Revenue
36.8 B
We have found one hundred twenty available fundamental signals for Amgen Inc, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Amgen's prevailing fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 13th of February 2026, Market Cap is likely to grow to about 121.6 B. Also, Enterprise Value is likely to grow to about 53.9 B

Amgen Total Revenue

38.59 Billion

Check Amgen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amgen's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.6 B, Interest Expense of 2.9 B or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 8.8, Dividend Yield of 0.0194 or PTB Ratio of 21.36. Amgen financial statements analysis is a perfect complement when working with Amgen Valuation or Volatility modules.
  
Build AI portfolio with Amgen Stock
Check out the analysis of Amgen Correlation against competitors.

Amgen Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets95.1 B90.6 B68.1 B
Slightly volatile
Short and Long Term Debt Total57.3 B54.6 B36.3 B
Slightly volatile
Other Current Liabilities21.3 B20.3 B9.3 B
Slightly volatile
Total Current Liabilities26.8 B25.5 B12.8 B
Slightly volatile
Total Stockholder Equity11.8 B8.7 B14.3 B
Slightly volatile
Property Plant And Equipment Net8.3 B7.9 B5.3 B
Slightly volatile
Cash9.6 B9.1 B6.2 B
Slightly volatile
Non Current Assets Total64.6 B61.5 B39.1 B
Slightly volatile
Non Currrent Assets Other13.3 B12.7 B4.6 B
Slightly volatile
Cash And Short Term Investments10.3 B9.1 B18.3 B
Slightly volatile
Net Receivables10 B9.6 B4.7 B
Slightly volatile
Common Stock Shares Outstanding726.4 M542 M670.3 M
Slightly volatile
Liabilities And Stockholders Equity95.1 B90.6 B68.1 B
Slightly volatile
Non Current Liabilities Total59.3 B56.4 B41.1 B
Slightly volatile
Other Current Assets4.3 B4.1 B2.1 B
Slightly volatile
Total Liabilities86 B81.9 B53.9 B
Slightly volatile
Property Plant And Equipment Gross20.4 B19.5 BB
Slightly volatile
Total Current Assets16 B29.1 B28.1 B
Very volatile
Short Term Debt4.8 B4.6 B2.2 B
Slightly volatile
Inventory6.5 B6.2 BB
Slightly volatile
Accounts Payable21.9 B20.9 B3.5 B
Slightly volatile
Common Stock Total Equity27.1 B37.4 B29.4 B
Slightly volatile
Short Term Investments12.2 B12.6 B14.9 B
Slightly volatile
Capital Stock27.8 B38.6 B29.7 B
Slightly volatile
Common Stock8.2 B8.7 B26.7 B
Very volatile
Other Assets1.4 B2.5 B1.9 B
Pretty Stable
Long Term Debt68.3 B65 B36 B
Slightly volatile
Property Plant Equipment5.3 B6.2 BB
Slightly volatile
Good Will14.9 B18.7 B14.9 B
Slightly volatile
Intangible Assets13.7 B22.3 B14.6 B
Slightly volatile
Other Liabilities5.1 B9.1 B6.5 B
Slightly volatile
Long Term Debt Total29.9 B43 B30.4 B
Slightly volatile
Non Current Liabilities Other5.2 B2.7 B4.8 B
Very volatile
Long Term Investments810.9 M918.9 M719.7 M
Slightly volatile
Short and Long Term Debt1.6 B3.2 B1.7 B
Slightly volatile
Net Invested Capital54.7 B75.9 B56 B
Very volatile
Net Working Capital5.1 B5.3 B23.8 B
Slightly volatile

Amgen Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization5.6 B5.4 B2.8 B
Slightly volatile
Interest Expense2.9 B2.8 B1.5 B
Slightly volatile
Selling General Administrative2.7 B2.7 BB
Very volatile
Total Revenue38.6 B36.8 B23.6 B
Slightly volatile
Gross Profit31.8 B30.3 B18.4 B
Slightly volatile
Other Operating Expenses23 B21.9 B15.2 B
Slightly volatile
EBITDA18 B17.1 B10.8 B
Slightly volatile
Total Operating Expenses16.2 B15.4 B10 B
Slightly volatile
Income Before Tax9.4 BBB
Slightly volatile
Net Income8.1 B7.7 B5.7 B
Slightly volatile
Income Tax Expense837.1 M1.3 B1.2 B
Very volatile
Research Development7.6 B7.3 B4.4 B
Slightly volatile
Net Income Applicable To Common SharesB7.5 B5.7 B
Slightly volatile
Net Income From Continuing Ops6.3 B4.7 B5.8 B
Slightly volatile
Tax Provision443.7 M467.1 M1.3 B
Pretty Stable
Interest Income218.9 M230.4 M450.9 M
Slightly volatile
Selling And Marketing Expenses5.7 B5.4 B1.4 B
Slightly volatile
Reconciled Depreciation3.5 B6.4 B2.9 B
Slightly volatile
Non Recurring1.2 B1.4 B1.5 B
Slightly volatile

Amgen Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow12.6 B12 BB
Slightly volatile
Depreciation6.8 B6.4 B2.9 B
Slightly volatile
Capital ExpendituresB1.9 B878.9 M
Slightly volatile
End Period Cash Flow9.6 B9.1 B6.2 B
Slightly volatile
Dividends PaidB5.6 B3.1 B
Slightly volatile
Change To Operating Activities637.1 M1.2 B711.3 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio8.84.79155.6104
Very volatile
Dividend Yield0.01940.02910.023
Slightly volatile
PTB Ratio21.3620.338712.8728
Slightly volatile
Days Sales Outstanding48.5795.046464.7001
Slightly volatile
Book Value Per Share10.316.092919.9512
Slightly volatile
Stock Based Compensation To Revenue0.01850.01820.0166
Slightly volatile
Capex To Depreciation0.210.230.6413
Slightly volatile
PB Ratio21.3620.338712.8728
Slightly volatile
EV To Sales9.276.02896.6006
Slightly volatile
Inventory Turnover0.981.03183.3419
Slightly volatile
Net Income Per Share15.0514.33279.1457
Slightly volatile
Days Of Inventory On Hand220354263
Pretty Stable
Payables Turnover0.290.30753.832
Slightly volatile
Research And Ddevelopement To Revenue0.220.19790.1894
Pretty Stable
Capex To Revenue0.0480.05060.0703
Slightly volatile
Cash Per Share10.1816.968426.0609
Pretty Stable
Interest Coverage7.395.40516.4502
Slightly volatile
Payout Ratio0.460.66420.5463
Slightly volatile
Days Payables Outstanding1.2 K1.2 K221
Slightly volatile
Income Quality1.131.29141.6565
Very volatile
ROE0.940.89060.5864
Slightly volatile
PE Ratio21.6922.836647.832
Slightly volatile
Return On Tangible Assets0.120.15540.1437
Slightly volatile
Earnings Yield0.03020.04380.0463
Pretty Stable
Intangibles To Total Assets0.480.45210.4325
Slightly volatile
Current Ratio1.081.143.5331
Slightly volatile
Receivables Turnover7.333.84026.0274
Slightly volatile
Graham Number75.6472.039960.0111
Pretty Stable
Shareholders Equity Per Share10.2916.092919.9408
Slightly volatile
Debt To Equity6.626.30683.9643
Slightly volatile
Capex Per Share3.633.45351.4318
Slightly volatile
Revenue Per Share71.7368.310438.1343
Slightly volatile
Interest Debt Per Share11210761.6141
Slightly volatile
Debt To Assets0.630.60280.5006
Slightly volatile
Enterprise Value Over EBITDA12.2912.932218.6519
Slightly volatile
Price Earnings Ratio21.6922.836647.832
Slightly volatile
Operating Cycle257449326
Slightly volatile
Price Book Value Ratio21.3620.338712.8728
Slightly volatile
Days Of Payables Outstanding1.2 K1.2 K221
Slightly volatile
Dividend Payout Ratio0.460.66420.5463
Slightly volatile
Pretax Profit Margin0.240.24420.2872
Very volatile
Effective Tax Rate0.220.14090.1659
Very volatile
Company Equity Multiplier10.9910.46276.9603
Slightly volatile
Long Term Debt To Capitalization0.90.85240.6711
Slightly volatile
Total Debt To Capitalization0.910.86310.6825
Slightly volatile
Debt Equity Ratio6.626.30683.9643
Slightly volatile
Quick Ratio0.850.89583.2307
Slightly volatile
Net Income Per E B T0.640.85910.8258
Pretty Stable
Cash Ratio0.340.35821.3207
Slightly volatile
Days Of Inventory Outstanding220354263
Pretty Stable
Days Of Sales Outstanding48.5795.046464.7001
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.640.81341.3235
Slightly volatile
Price To Book Ratio21.3620.338712.8728
Slightly volatile
Fixed Asset Turnover2.364.64444.1191
Slightly volatile
Enterprise Value Multiple12.2912.932218.6519
Slightly volatile
Debt Ratio0.630.60280.5006
Slightly volatile
Price Sales Ratio8.84.79155.6104
Very volatile
Return On Assets0.120.08510.0837
Slightly volatile
Asset Turnover0.50.40570.3448
Slightly volatile
Net Profit Margin0.180.20980.2344
Very volatile
Gross Profit Margin0.640.82520.7958
Slightly volatile
Price Fair Value21.3620.338712.8728
Slightly volatile
Return On Equity0.940.89060.5864
Slightly volatile

Amgen Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap121.6 B115.8 B114.5 B
Slightly volatile
Enterprise Value53.9 B51.4 B53.2 B
Slightly volatile

Amgen Fundamental Market Drivers

Forward Price Earnings16.6945
Cash And Short Term Investments9.1 B

Amgen Upcoming Events

6th of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Amgen Financial Statements

Amgen investors utilize fundamental indicators, such as revenue or net income, to predict how Amgen Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-79.2 M-83.2 M
Total Revenue36.8 B38.6 B
Cost Of Revenue6.4 B6.7 B
Stock Based Compensation To Revenue 0.02  0.02 
Research And Ddevelopement To Revenue 0.20  0.22 
Capex To Revenue 0.05  0.05 
Revenue Per Share 68.31  71.73 
Ebit Per Revenue 0.41  0.24 

Pair Trading with Amgen

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amgen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amgen will appreciate offsetting losses from the drop in the long position's value.

Moving against Amgen Stock

  0.63LYRA Lyra TherapeuticsPairCorr
  0.59ABP Abpro HoldingsPairCorr
  0.57EDIT Editas Medicine Earnings Call This WeekPairCorr
  0.56QSI QuantumSiPairCorr
  0.49KURA Kura OncologyPairCorr
The ability to find closely correlated positions to Amgen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amgen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amgen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amgen Inc to buy it.
The correlation of Amgen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amgen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amgen Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amgen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Amgen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amgen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amgen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amgen Inc Stock:
Will Biotechnology sector continue expanding? Could Amgen diversify its offerings? Factors like these will boost the valuation of Amgen. If investors know Amgen will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Amgen data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
1.116
Dividend Share
9.52
Earnings Share
14.22
Revenue Per Share
68.31
Quarterly Revenue Growth
0.086
Investors evaluate Amgen Inc using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Amgen's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Amgen's market price to deviate significantly from intrinsic value.
Understanding that Amgen's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Amgen represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Amgen's market price signifies the transaction level at which participants voluntarily complete trades.