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Amgen AMGN EBITDA margin

EBITDA margin at other companies

Eli Lilly logo
Eli LillyLLY
45.9%+14.4pp
Pfizer logo
PfizerPFE
25.3%
Regeneron Pharmaceuticals logo
Regeneron PharmaceuticalsREGN
27.9%-2.8pp
Revolution Medicines, Inc. logo
Revolution Medicines, Inc.RVMD
-87,211.9%-88,649pp
Roivant Sciences logo
Roivant SciencesROIV
-9,099.5%-13,736pp
Merck & Co. logo
Merck & Co.MRK
22.4%-12.4pp

Other financials

Income statement

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Revenue$8.6B+5.8%
Gross profit$5.9B+13.4%
Operating income$2.7B+126%
Net income$1.8B+5.1%
EPS (diluted)$3.34+4.4%

Balance sheet

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Cash & equivalents$559.0M+10.0%
Total debt$57.3B-0.1%
Total equity$9.2B+48.1%
Total assets$92.5B+3.5%

Cash flow

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Operating cash flow$2.2B+57.4%
CapEx$712.0M+73.2%
Free cash flow$1.5B+50.7%

Valuation

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Market cap$182.21B+13.3%
Enterprise value$238.97B+9.9%
P/E23.4×-3.7×
P/S4.9×+0.2×

Profitability

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Gross margin68.3%+5.3pp
Operating margin28.4%+6.6pp
Net margin21%+3.6pp

Returns & leverage

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Return on equity101.3%-4.4pp
Debt / equity6.2×-3.0×
Current ratio1.3×+0.1×

Where this comes from

Calculated from Amgen’s reported figures.

Based on trailing twelve months.

The official record: Amgen’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Amgen's EBITDA margin?
Amgen (AMGN) reported EBITDA margin of 41.5% in Q1 2026.
How has Amgen's EBITDA margin changed year-over-year?
Amgen's EBITDA margin increased by 8.9% year-over-year, from 38.2% to 41.5%.
What is the long-term trend for Amgen's EBITDA margin?
Over 4 years (2021 to 2025), Amgen's EBITDA margin has grown at a -3.1% compound annual growth rate (CAGR), from 176.5% to 155.4%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.