Non-Current Assets

PP&E (Net)

Amgen PP&E (Net) increased by 3.8% to $8.22B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.0%, from $6.68B to $8.22B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 10.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase reflects ongoing capital expenditure and investment in future production capacity.

Detailed definition

The net book value of tangible long-lived assets such as manufacturing facilities, laboratories, and specialized equipme...

Peer comparison

High for manufacturing-heavy biotech firms; peers are compared on capital intensity ratios.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.91B$4.98B$5.18B$5.14B$5.16B$5.19B$5.43B$5.46B$5.53B$5.56B$5.94B$6.00B$6.10B$6.16B$6.54B$6.68B$6.86B$7.22B$7.91B$8.22B
QoQ Change+1.5%+4.1%-0.8%+0.3%+0.6%+4.6%+0.6%+1.3%+0.6%+6.8%+1.0%+1.6%+1.0%+6.3%+2.1%+2.6%+5.3%+9.6%+3.8%
YoY Change+5.1%+4.1%+4.7%+6.2%+7.3%+7.2%+9.5%+9.9%+10.2%+10.7%+10.1%+11.3%+12.4%+17.3%+20.9%+23.0%
Range$4.91B$8.22B
CAGR+11.5%
Avg YoY Growth+10.6%
Median YoY Growth+10.0%
Current Streak16 quarters growth

Geographic Breakdown

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
ROW$1.07B$1.03B$1.14B$1.21B$1.45B
Total$5.18B$5.43B$5.94B$6.54B$7.91B

Frequently Asked Questions

What is Amgen's pp&e (net)?
Amgen (AMGN) reported pp&e (net) of $8.22B in Q1 2026.
How has Amgen's pp&e (net) changed year-over-year?
Amgen's pp&e (net) increased by 23.0% year-over-year, from $6.68B to $8.22B.
What is the long-term trend for Amgen's pp&e (net)?
Over 5 years (2020 to 2025), Amgen's pp&e (net) has grown at a 10.1% compound annual growth rate (CAGR), from $4.89B to $7.91B.
What does pp&e (net) mean?
The value of the company's physical buildings and equipment after accounting for wear and tear.