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AMGEN INC

AMGN

$410.89 ▲ +5.98 (+1.48%) at close

20 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Good

Moderately Bullish

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Analytical Summary

AMGEN INC shows strong fundamentals with top-quartile Return on Common Equity (%) and Profit Margin (%). Overall, the data suggests a moderately positive outlook with manageable risks.

Market Cap $221.1B

Dividend Yield 2.35%

Revenue Growth 10.0% ↘

Op. Margin 24.7% ↗

ROIC 12.3% ↗

FCF / Share $15.06 ↘

Trailing P/E 28.7x

Price / Book 25.6x

FCF Yield 3.7%

Debt / Equity 6.31

info Valuation on last close. End-of-day price, Aug 7, 2026.

20-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$36.75B

↑ +10.0% —

Net Income Profit after all expenses

$7.71B

↑ +88.5% —

Operating Margin Operating profit as % of sales

24.7%

↑ +13.8% 81th

FCF / Share Free cash flow per share

$15.06

↓ -22.2% —

Long-Term Debt Long-term obligations

$54.60B

↓ -9.1% —

trending_up

Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile
Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)

Health Breakdown

Profitability ↓

Returns →

Financial Health →

Cash Quality ↓

Dividend History

Dividend / share · sourced from SEC filings

$9.66 Latest / share

+5.8% YoY

+28.5% 12-yr CAGR

$0.61

FY 2014

$1.00

FY 2015

$1.15

FY 2016

$4.77

FY 2017

$5.41

FY 2018

$5.95

FY 2019

$6.56

FY 2020

$7.22

FY 2021

$7.95

FY 2022

$8.64

FY 2023

$9.13

FY 2024

$9.66

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Revenue Growth YoY (%)	10.0% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+24%)	18.6% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+132%)	7.1% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-11%)	1.3% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-83%)	2.2% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-73%)	8.8% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+10%)	-1.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-120%)	3.9% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-51%)	-0.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-108%)	6.1% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-23%)	8.0% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	7.4% Fair → Fair Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-7%)	8.2% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	10.8% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+35%)	3.5% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-56%)	2.8% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-65%)	-2.4% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-130%)	1.6% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-80%)	—	—
EPS Growth YoY (%)	88.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-39.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	3.1% Caution ↑ Caution Improving Year-over-year change in earnings per share Optimal: > 10%	17.8% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	-16.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-4.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	2.0% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	368.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-73.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	12.8% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	34.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	0.7% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	20.3% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	37.8% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-15.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	6.4% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	19.5% Good Good Year-over-year change in earnings per share Optimal: > 10%	37.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	88.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-39.1% Weak ↓ Weak Declining Year-over-year change in net income	2.5% Caution ↑ Caution Improving Year-over-year change in net income	11.2% Fair ↑ Fair Improving Year-over-year change in net income	-18.9% Weak ↓ Weak Declining Year-over-year change in net income	-7.4% Weak ↓ Weak Declining Year-over-year change in net income	-6.6% Weak ↓ Weak Declining Year-over-year change in net income	324.2% Excellent ↑ Excellent Improving Year-over-year change in net income	-74.4% Weak ↓ Weak Declining Year-over-year change in net income	11.3% Fair ↓ Fair Declining Year-over-year change in net income	34.5% Excellent ↑ Excellent Improving Year-over-year change in net income	1.5% Caution ↓ Caution Declining Year-over-year change in net income	16.9% Good ↑ Good Improving Year-over-year change in net income	18.0% Good ↑ Good Improving Year-over-year change in net income	-20.4% Weak ↓ Weak Declining Year-over-year change in net income	0.5% Caution ↓ Caution Declining Year-over-year change in net income	13.6% Fair Fair Year-over-year change in net income	31.6% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	-22.2% Weak ↓ Weak Declining Year-over-year change in free cash flow	40.7% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-15.8% Weak ↓ Weak Declining Year-over-year change in free cash flow	11.1% Fair ↑ Fair Improving Year-over-year change in free cash flow	-12.9% Weak ↓ Weak Declining Year-over-year change in free cash flow	19.7% Good ↑ Good Improving Year-over-year change in free cash flow	-11.7% Weak ↓ Weak Declining Year-over-year change in free cash flow	11.1% Fair ↓ Fair Declining Year-over-year change in free cash flow	11.9% Fair ↓ Fair Declining Year-over-year change in free cash flow	14.9% Fair ↓ Fair Declining Year-over-year change in free cash flow	8.4% Fair ↓ Fair Declining Year-over-year change in free cash flow	38.9% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	10.9% Fair ↑ Fair Improving Year-over-year change in free cash flow	33.2% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-7.3% Weak ↓ Weak Declining Year-over-year change in free cash flow	-5.1% Weak ↓ Weak Declining Year-over-year change in free cash flow	15.0% Good Good Year-over-year change in free cash flow	34.2% Excellent Excellent Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	11.8% Good ↑ Good Improving Compound annual revenue growth over 3 years	8.8% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	3.5% Caution → Caution Stable Compound annual revenue growth over 3 years	4.1% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	3.0% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	3.6% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	0.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	3.1% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	4.4% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	7.2% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	7.9% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	8.8% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	7.5% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	5.6% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	1.3% Weak Weak Compound annual revenue growth over 3 years	0.6% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	7.6% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	7.4% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	3.5% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	2.9% Caution → Caution Stable Compound annual revenue growth over 5 years	2.5% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	3.3% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	3.1% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	4.9% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	5.8% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	8.1% Good ↑ Good Improving Compound annual revenue growth over 5 years	7.6% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	6.5% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	4.5% Fair Fair Compound annual revenue growth over 5 years	3.2% Caution Caution Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	5.6% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	-9.7% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	0.4% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	-2.0% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-6.6% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	66.0% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	7.9% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	11.5% Good ↑ Good Improving Compound annual EPS growth over 3 years	-26.4% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	15.2% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	17.7% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	18.7% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	11.9% Good ↑ Good Improving Compound annual EPS growth over 3 years	7.4% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	2.4% Caution Caution Compound annual EPS growth over 3 years	20.4% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Operating Margin (%) (%)	24.7% Good ↓ Good Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+65%)	21.7% Good ↓ Good Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+45%)	28.0% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+87%)	36.3% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+142%)	29.4% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+96%)	35.9% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+140%)	41.4% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+176%)	43.2% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+188%)	43.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+191%)	42.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+184%)	39.1% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+161%)	30.9% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+106%)	31.4% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+109%)	32.3% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+115%)	27.7% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+84%)	36.8% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+146%)	37.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+151%)	34.8% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+132%)	26.9% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+80%)	—
Effective Tax Rate (%) (%)	14.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	11.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	14.5% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	10.8% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	21.0% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+75%)	12.2% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	23.8% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+99%)	24.9% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+107%)	22.7% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+89%)	28.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+138%)	33.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+180%)	35.3% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+195%)	8.7% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-28%)	33.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+180%)	32.0% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+167%)	25.7% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+114%)	27.2% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+127%)	25.2% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+110%)	23.6% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+97%)	30.7% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+156%)	31.5% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+162%)	27.0% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+125%)	20.8% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+74%)	—
FCF Margin (%) (%)	22.0% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	31.1% Excellent → Excellent Stable Free cash flow as a percentage of revenue Optimal: > 10%	26.1% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	33.4% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	32.3% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	38.9% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	36.5% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	44.5% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	46.0% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	41.8% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	39.2% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	39.1% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	30.0% Excellent → Excellent Stable Free cash flow as a percentage of revenue Optimal: > 10%	30.1% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	29.2% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	34.6% Excellent → Excellent Stable Free cash flow as a percentage of revenue Optimal: > 10%	39.7% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	35.4% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	28.0% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	1.05x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	2.54x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.10x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.34x Good → Good Stable Free cash flow relative to reported net income Optimal: > 1x	1.42x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	1.36x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	1.09x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.26x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	5.31x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.25x Good → Good Stable Free cash flow relative to reported net income Optimal: > 1x	1.22x Good → Good Stable Free cash flow relative to reported net income Optimal: > 1x	1.52x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.10x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.20x Fair → Fair Stable Free cash flow relative to reported net income Optimal: > 1x	1.24x Good → Good Stable Free cash flow relative to reported net income Optimal: > 1x	1.13x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.26x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	1.31x Good Good Free cash flow relative to reported net income Optimal: > 1x	1.34x Good Good Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Return on Invested Capital (%)	12.3% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	9.8% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	9.5% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	20.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	15.1% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	17.0% Excellent → Excellent Stable Return earned on debt + equity capital invested Optimal: > 10%	19.3% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	17.5% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	13.0% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	12.0% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	11.2% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	8.7% Fair → Fair Stable Return earned on debt + equity capital invested Optimal: > 10%	8.5% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	9.7% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	8.4% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	11.7% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	13.1% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	19.7% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	17.0% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	10.0% Good → Good Stable Operating profit relative to total assets Optimal: > 10%	7.9% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	8.1% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	14.7% Good → Good Stable Operating profit relative to total assets Optimal: > 10%	12.5% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	14.5% Good → Good Stable Operating profit relative to total assets Optimal: > 10%	16.2% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	15.5% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	12.5% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	12.6% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	11.8% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	9.0% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	8.9% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	10.3% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	8.8% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	12.8% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	13.9% Good Good Operating profit relative to total assets Optimal: > 10%	14.3% Good Good Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	89.1% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+494%)	69.6% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+364%)	107.8% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+619%)	179.0% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+1093%)	88.0% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+486%)	77.2% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+415%)	81.1% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+440%)	67.2% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+348%)	7.8% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-48%)	25.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+72%)	24.7% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+65%)	20.0% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+33%)	23.0% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+53%)	22.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+52%)	19.4% Good → Good Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+29%)	19.3% Good → Good Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+29%)	20.3% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+35%)	19.4% Good Good Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+29%)	16.6% Good Good Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+11%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Debt to Equity (x)	6.31x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+951%)	10.23x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+1604%)	10.37x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+1628%)	10.64x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+1673%)	4.97x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+729%)	3.51x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+484%)	3.09x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+415%)	2.71x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+352%)	1.40x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+133%)	1.16x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+93%)	1.12x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+87%)	1.19x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+99%)	1.45x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+142%)	1.39x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+132%)	1.13x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+88%)	0.56x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-7%)	0.47x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-22%)	—	—	—
Interest Coverage (x)	3.30x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	2.30x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	2.75x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	6.80x Good → Good Stable Operating income divided by interest expense Optimal: > 5x	6.38x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	7.24x Good → Good Stable Operating income divided by interest expense Optimal: > 5x	7.51x Good → Good Stable Operating income divided by interest expense Optimal: > 5x	7.37x Good → Good Stable Operating income divided by interest expense Optimal: > 5x	7.65x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	7.77x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	7.74x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	5.78x Good → Good Stable Operating income divided by interest expense Optimal: > 5x	5.74x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	5.30x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	7.07x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	9.18x Good → Good Stable Operating income divided by interest expense Optimal: > 5x	9.53x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	9.46x Good Good Operating income divided by interest expense Optimal: > 5x	8.02x Good Good Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$45.48B	$48.13B	$53.67B	$31.32B	$25.32B	$26.72B	$23.87B	$26.98B	$31.54B	$31.36B	$27.41B	$26.98B	$28.32B	$23.27B	$14.48B	$10.07B	$7.72B	$-1.77B	$-2.02B	$-1.28B
Debt / EBITDA (x)	3.83x Caution ↓ Caution Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.68x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.40x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.00x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.02x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.59x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.52x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.78x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.96x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.91x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.98x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.71x Caution ↓ Caution Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.49x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.98x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.99x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.04x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.62x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Revenue per Share (USD)	$68.31	$62.24	$52.69	$48.93	$45.58	$43.39	$38.61	$35.93	$31.26	$30.74	$28.58	$26.43	$24.80	$22.28	$17.22	$15.68	$14.41	$14.02	$13.22	—
Basic EPS, GAAP (USD)	$14.33	$7.62	$12.56	$12.18	$10.34	$12.40	$12.96	$12.70	$2.71	$10.32	$9.15	$6.80	$6.75	$5.61	$4.07	$4.82	$4.53	$3.79	$2.76	—
Free Cash Flow per Share (USD)	$15.06	$19.36	$13.76	$16.33	$14.70	$16.88	$14.10	$15.97	$14.38	$12.86	$11.19	$10.33	$7.43	$6.70	$5.03	$5.42	$5.71	$4.97	$3.70	—
Dividend per Share (USD)	$9.66	$9.13	$8.64	$7.95	$7.22	$6.56	$5.95	$5.41	$4.77	$1.15	$1.00	$0.61	$0.47	—	—	—	—	—	—	—
Book Value per Share (USD)	$16.07	$10.95	$11.64	$6.86	$12.00	$16.27	$16.36	$19.85	$34.95	$40.47	$37.25	$33.90	$29.28	$25.20	$23.92	$25.69	$22.78	$19.95	$16.57	—
Tangible Book Value per Share (USD)	$-59.94	$-75.36	$-84.12	$-52.34	$-41.86	$-37.81	$-41.33	$-15.31	$2.59	$6.56	$2.19	$-2.24	$-8.13	$3.21	$5.90	$11.14	$11.39	$9.12	$16.57	—
Basic Weighted Avg Shares (shares)	538.00M	537.00M	535.00M	538.00M	570.00M	586.00M	605.00M	661.00M	731.00M	748.00M	758.00M	759.00M	753.00M	775.00M	905.00M	960.00M	1.02B	1.07B	1.12B	—
Dividend Payout Ratio (%)	67.4% Fair ↓ Fair Declining Dividends paid as a percentage of earnings Optimal: 30-60%	119.8% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	68.8% Fair ↑ Fair Improving Dividends paid as a percentage of earnings Optimal: 30-60%	65.3% Fair ↑ Fair Improving Dividends paid as a percentage of earnings Optimal: 30-60%	69.8% Fair ↑ Fair Improving Dividends paid as a percentage of earnings Optimal: 30-60%	52.9% Fair ↓ Fair Declining Dividends paid as a percentage of earnings Optimal: 30-60%	45.9% Good ↓ Good Declining Dividends paid as a percentage of earnings Optimal: 30-60%	42.6% Good ↓ Good Declining Dividends paid as a percentage of earnings Optimal: 30-60%	176.0% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	11.1% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	10.9% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	9.0% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	7.0% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Working Capital (USD)	$3.57B	$5.93B	$11.94B	$6.50B	$7.20B	$9.49B	$5.61B	$24.13B	$40.46B	$34.81B	$29.85B	$27.70B	$19.42B	$23.02B	$21.84B	$16.56B	$15.06B	$10.34B	—	—
LT Debt (USD)	$54.60B	$60.10B	$64.61B	$38.95B	$33.31B	$32.99B	$29.90B	$33.93B	$35.34B	$34.60B	$31.56B	$30.71B	$32.13B	$26.53B	$21.43B	$13.36B	$10.60B	—	—	—
Total Equity (USD)	$8.66B	$5.88B	$6.23B	$3.66B	$6.70B	$9.41B	$9.67B	$12.50B	$25.24B	$29.88B	$28.08B	$25.78B	$22.10B	$19.06B	$19.03B	$23.94B	$22.67B	$20.89B	$18.51B	$19.84B

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Sales/Revenue/Turnover (USD)	$36.75B	$33.42B	$28.19B	$26.32B	$25.98B	$25.42B	$23.36B	$23.75B	$22.85B	$22.99B	$21.66B	$20.06B	$18.68B	$17.27B	$15.58B	$15.05B	$14.64B	$15.00B	$14.77B	—
Depreciation Expense (USD)	$5.17B	$5.59B	$4.07B	$3.42B	$3.40B	$3.60B	$2.21B	$1.95B	$1.96B	$2.10B	$2.11B	$2.09B	$1.29B	$1.09B	$1.06B	$1.02B	$1.05B	$1.07B	$1.20B	—
Net Income, GAAP (USD)	$7.71B	$4.09B	$6.72B	$6.55B	$5.89B	$7.26B	$7.84B	$8.39B	$1.98B	$7.72B	$6.94B	$5.16B	$5.08B	$4.34B	$3.68B	$4.63B	$4.61B	$4.05B	$3.08B	—
Operating Cash Flow (USD)	$9.96B	$11.49B	$8.47B	$9.72B	$9.26B	$10.50B	$9.15B	$11.30B	$11.18B	$10.35B	$9.08B	$8.55B	$6.29B	$5.88B	$5.12B	$5.79B	$6.34B	$5.99B	$5.40B	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 20 years · 74 quarters

AMGEN INC

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