Amgen Financial Statements From 2010 to 2026

AMGN Stock  USD 319.32  8.32  2.54%   
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
25.2 B
Profit Margin
0.1947
Market Capitalization
176.4 B
Enterprise Value Revenue
6.1597
Revenue
36 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 5th of January 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

40.36 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 6.8 B, Interest Expense of 3.8 B or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 8.9, Dividend Yield of 0.0191 or PTB Ratio of 22.67. 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 Assets110.9 B105.6 B69.9 B
Slightly volatile
Short and Long Term Debt Total72.6 B69.1 B38.1 B
Slightly volatile
Other Current Liabilities21.3 B20.3 B9.3 B
Slightly volatile
Total Current Liabilities27.9 B26.6 B12.9 B
Slightly volatile
Total Stockholder Equity11.8 B6.8 B14.2 B
Slightly volatile
Property Plant And Equipment Net7.9 B7.5 B5.3 B
Slightly volatile
Cash14.5 B13.8 B6.8 B
Slightly volatile
Non Current Assets Total75.8 B72.2 B40.4 B
Slightly volatile
Non Currrent Assets Other12 B11.4 B4.5 B
Slightly volatile
Cash And Short Term Investments10.3 B13.8 B18.6 B
Slightly volatile
Net Receivables9.1 B8.6 B4.6 B
Slightly volatile
Common Stock Shares Outstanding733.7 M486.9 M667.5 M
Slightly volatile
Liabilities And Stockholders Equity110.9 B105.6 B69.9 B
Slightly volatile
Non Current Liabilities Total75.9 B72.3 B43 B
Slightly volatile
Other Current Assets3.1 B2.9 B1.9 B
Slightly volatile
Total Liabilities103.8 B98.9 B55.9 B
Slightly volatile
Property Plant And Equipment Gross20.4 B19.5 BB
Slightly volatile
Total Current Assets35.1 B33.4 B29.5 B
Pretty Stable
Short Term Debt4.3 B4.1 B2.1 B
Slightly volatile
Inventory8.5 BB4.2 B
Slightly volatile
Accounts Payable2.3 B2.2 B1.3 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 Stock27.8 B38.6 B29.7 B
Slightly 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 Will14.7 B21.4 B15.1 B
Slightly volatile
Intangible Assets33.4 B31.9 B16.4 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 Amortization6.8 B6.4 B2.9 B
Slightly volatile
Interest Expense3.8 B3.6 B1.6 B
Slightly volatile
Selling General Administrative2.7 B2.7 BB
Very volatile
Total Revenue40.4 B38.4 B23.8 B
Slightly volatile
Gross Profit24.8 B23.7 B17.6 B
Slightly volatile
Other Operating Expenses31.6 B30.1 B16.2 B
Slightly volatile
EBITDA16.1 B15.4 B10.6 B
Slightly volatile
Total Operating Expenses16.1 B15.3 B10 B
Slightly volatile
Income Before TaxB5.3 B6.4 B
Pretty Stable
Net Income3.2 B4.7 B5.3 B
Pretty Stable
Income Tax Expense823.2 M596.9 M1.2 B
Very volatile
Research Development7.2 B6.9 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 Flow13.2 B12.6 B6.1 B
Slightly volatile
Depreciation6.8 B6.4 B2.9 B
Slightly volatile
Capital Expenditures678.3 M1.3 B768.9 M
Slightly volatile
End Period Cash Flow14.5 B13.8 B6.8 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 Ratio8.94.855.6197
Very volatile
Dividend Yield0.01910.03080.0231
Slightly volatile
PTB Ratio22.6721.5913.0234
Slightly volatile
Days Sales Outstanding47.8673.7263.4038
Slightly volatile
Book Value Per Share10.239.7819.5758
Slightly volatile
Stock Based Compensation To Revenue0.01850.01820.0166
Slightly volatile
Capex To Depreciation0.210.230.6413
Slightly volatile
PB Ratio22.6721.5913.0234
Slightly volatile
EV To Sales9.346.516.633
Slightly volatile
Inventory Turnover2.672.113.5047
Slightly volatile
Net Income Per Share7.146.88.2373
Slightly volatile
Days Of Inventory On Hand218179253
Very volatile
Payables Turnover3.066.074.3339
Slightly volatile
Research And Ddevelopement To Revenue0.220.210.1901
Very volatile
Capex To Revenue0.03580.03770.0689
Slightly volatile
Cash Per Share10.119.9226.2298
Pretty Stable
Interest Coverage2.512.656.001
Slightly volatile
Payout Ratio1.121.060.6084
Slightly volatile
Days Payables Outstanding59.1762.2985.3646
Slightly volatile
Income Quality2.652.531.8188
Slightly volatile
ROE0.660.630.5546
Slightly volatile
PE Ratio75.4139.6551.981
Slightly volatile
Return On Tangible Assets0.120.08090.1393
Pretty Stable
Earnings Yield0.03020.02610.0452
Pretty Stable
Intangibles To Total Assets0.470.580.4394
Slightly volatile
Current Ratio1.371.453.5684
Slightly volatile
Receivables Turnover7.45.126.1068
Slightly volatile
Graham Number26.3538.6955.15
Pretty Stable
Shareholders Equity Per Share10.229.7819.5653
Slightly volatile
Debt To Equity9.669.24.3133
Slightly volatile
Capex Per Share1.911.821.2345
Slightly volatile
Revenue Per Share58.3855.636.6014
Slightly volatile
Interest Debt Per Share11010561.4468
Slightly volatile
Debt To Assets0.620.590.4993
Slightly volatile
Enterprise Value Over EBITDA15.4716.2819.0359
Slightly volatile
Price Earnings Ratio75.4139.6551.981
Slightly volatile
Operating Cycle255253315
Pretty Stable
Price Book Value Ratio22.6721.5913.0234
Slightly volatile
Days Of Payables Outstanding59.1762.2985.3646
Slightly volatile
Dividend Payout Ratio1.121.060.6084
Slightly volatile
Pretax Profit Margin0.240.120.2799
Very volatile
Effective Tax Rate0.220.130.1653
Very volatile
Company Equity Multiplier14.7714.067.3943
Slightly volatile
Long Term Debt To Capitalization0.860.820.6668
Slightly volatile
Total Debt To Capitalization0.860.820.677
Slightly volatile
Debt Equity Ratio9.669.24.3133
Slightly volatile
Quick Ratio1.041.13.2539
Slightly volatile
Net Income Per E B T0.640.80.8224
Pretty Stable
Cash Ratio0.570.61.3484
Slightly volatile
Cash Conversion Cycle168204233
Pretty Stable
Days Of Inventory Outstanding218179253
Very volatile
Days Of Sales Outstanding47.8673.7263.4038
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.640.811.3233
Slightly volatile
Price To Book Ratio22.6721.5913.0234
Slightly volatile
Fixed Asset Turnover2.334.64.1147
Slightly volatile
Enterprise Value Multiple15.4716.2819.0359
Slightly volatile
Debt Ratio0.620.590.4993
Slightly volatile
Price Sales Ratio8.94.855.6197
Very volatile
Return On Assets0.04870.05120.0775
Very volatile
Asset Turnover0.510.420.3462
Slightly volatile
Net Profit Margin0.180.110.2285
Very volatile
Gross Profit Margin0.640.550.7796
Slightly volatile
Price Fair Value22.6721.5913.0234
Slightly volatile
Return On Equity0.660.630.5546
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 Earnings14.881
Cash And Short Term Investments12 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 Revenue38.4 B40.4 B
Cost Of Revenue14.8 B15.5 B
Stock Based Compensation To Revenue 0.02  0.02 
Research And Ddevelopement To Revenue 0.21  0.22 
Capex To Revenue 0.04  0.04 
Revenue Per Share 55.60  58.38 
Ebit Per Revenue 0.20  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 together with Amgen Stock

  0.75GILD Gilead SciencesPairCorr

Moving against Amgen Stock

  0.85HD Home DepotPairCorr
  0.83HPQ HP IncPairCorr
  0.8MSFT Microsoft Sell-off TrendPairCorr
  0.5PG Procter GamblePairCorr
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:
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amgen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.136
Dividend Share
9.39
Earnings Share
12.94
Revenue Per Share
66.892
Quarterly Revenue Growth
0.124
The market value of Amgen Inc is measured differently than its book value, which is the value of Amgen that is recorded on the company's balance sheet. Investors also form their own opinion of Amgen's value that differs from its market value or its book value, called intrinsic value, which is Amgen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amgen's market value can be influenced by many factors that don't directly affect Amgen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amgen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amgen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amgen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.