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Amgen AMGN Quick ratio

Quick ratio at other companies

Eli Lilly logo
Eli LillyLLY
1.1×0.0×
Pfizer logo
PfizerPFE
1.2×0.0×
Regeneron Pharmaceuticals logo
Regeneron PharmaceuticalsREGN
-1.1×
Revolution Medicines, Inc. logo
Revolution Medicines, Inc.RVMD
6.8×-6.7×
Roivant Sciences logo
Roivant SciencesROIV
18.4×-15.1×
Merck & Co. logo
Merck & Co.MRK
1.1×-0.2×

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 the most recent quarter.

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 quick ratio?
Amgen (AMGN) reported quick ratio of 1× in Q1 2026.
How has Amgen's quick ratio changed year-over-year?
Amgen's quick ratio increased by 15.4% year-over-year, from 0.9× to 1×.
What is the long-term trend for Amgen's quick ratio?
Over 4 years (2021 to 2025), Amgen's quick ratio has grown at a -6.9% compound annual growth rate (CAGR), from 5× to 3.7×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.