Accumulated Depreciation
Amgen Accumulated Depreciation decreased by 16.2% to $9.30B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.3%, from $10.60B to $9.30B. Over 5 years (FY 2020 to FY 2025), Accumulated Depreciation shows an upward trend with a 4.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.
Detailed definition
This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...
Peer comparison
Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.
ppe_accumulated_depreciationHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.10B | $9.20B | $8.80B | $8.90B | $9.00B | $9.20B | $9.30B | $9.40B | $9.50B | $9.70B | $9.80B | $9.90B | $10.10B | $10.30B | $10.40B | $10.60B | $10.80B | $11.00B | $11.10B | $9.30B |
| QoQ Change | — | +1.1% | -4.3% | +1.1% | +1.1% | +2.2% | +1.1% | +1.1% | +1.1% | +2.1% | +1.0% | +1.0% | +2.0% | +2.0% | +1.0% | +1.9% | +1.9% | +1.9% | +0.9% | -16.2% |
| YoY Change | — | — | — | — | -1.1% | +0.0% | +5.7% | +5.6% | +5.6% | +5.4% | +5.4% | +5.3% | +6.3% | +6.2% | +6.1% | +7.1% | +6.9% | +6.8% | +6.7% | -12.3% |
| % of PP&E (Net) | 185.5% | 184.7% | 169.8% | 173.1% | 174.5% | 177.3% | 171.4% | 172.2% | 171.7% | 174.4% | 165.0% | 164.9% | 165.7% | 167.3% | 158.9% | 158.7% | 157.5% | 152.4% | 140.3% | 113.2% |
| Share Change | — | -0.8pp | -14.9pp | +3.3pp | +1.4pp | +2.8pp | -6.0pp | +0.8pp | -0.4pp | +2.6pp | -9.4pp | -0.0pp | +0.7pp | +1.7pp | -8.4pp | -0.3pp | -1.1pp | -5.2pp | -12.1pp | -27.1pp |
Accumulated Depreciation at Other Companies
Frequently Asked Questions
- What is Amgen's accumulated depreciation?
- Amgen (AMGN) reported accumulated depreciation of $9.30B in Q1 2026.
- How has Amgen's accumulated depreciation changed year-over-year?
- Amgen's accumulated depreciation decreased by 12.3% year-over-year, from $10.60B to $9.30B.
- What is the long-term trend for Amgen's accumulated depreciation?
- Over 5 years (2020 to 2025), Amgen's accumulated depreciation has grown at a 4.3% compound annual growth rate (CAGR), from $9.00B to $11.10B.
- What does accumulated depreciation mean?
- The total amount of depreciation recorded against physical assets over time.