Discontinued — last reported Q2 '24
Equity Method Income
Amgen Equity Method Income decreased by 55.6% to $12.00M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 142.9%, from -$28.00M to $12.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase reflects strong performance from joint ventures or strategic partners, while a decrease indicates underperformance in those specific investments.
Detailed definition
This metric captures the company's proportionate share of the net earnings or losses from investments in unconsolidated...
Peer comparison
Common in technology and manufacturing sectors where joint ventures are used for R&D or supply chain integration.
equity_method_incomeHistorical Data
| Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$166.00M | -$305.00M | -$192.00M | -$216.00M | -$178.00M | $31.00M | -$28.00M | $14.00M | -$28.00M | $27.00M | $12.00M |
| QoQ Change | — | -83.7% | +37.0% | -12.5% | +17.6% | +117.4% | -190.3% | +150.0% | -300.0% | +196.4% | -55.6% |
| YoY Change | — | — | — | -30.1% | — | +110.2% | +85.4% | +106.5% | +84.3% | -12.9% | +142.9% |
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|
| Reportable Segment | $27.00M | $12.00M | -$28.00M | -$11.00M | -$18.00M | $10.00M |
| Total | $27.00M | $12.00M | — | — | — | — |
Reportable Segment was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Equity Method Income at Other Companies
Frequently Asked Questions
- What is Amgen's equity method income?
- Amgen (AMGN) reported equity method income of $12.00M in Q2 2024.
- How has Amgen's equity method income changed year-over-year?
- Amgen's equity method income increased by 142.9% year-over-year, from -$28.00M to $12.00M.
- What does equity method income mean?
- The company's share of profits or losses from businesses it partially owns.