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Amgen AMGN Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin68.3%+5.3pp67.2%+5.7pp66.2%+5.7pp64.5%+1.2pp63%-3.4pp
Operating margin28.4%+6.6pp24.7%+3.0pp24.1%+5.0pp23.5%+3.4pp21.8%-1.8pp
Net margin21%+3.6pp21%+8.7pp19.5%+6.5pp19%+8.8pp17.4%+4.6pp
Returns
Return on equity101.3%-4.4pp106.1%+38.5pp81.7%+26.0pp99.1%+49.9pp105.7%+33.1pp
Return on invested capital14.1%+4.0pp12%+2.6pp11.3%+2.9pp11.1%+3.0pp10.1%+1.2pp
Efficiency
Asset turnover0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×
Liquidity
Current ratio1.3×+0.1×1.1×-0.1×1.3×0.0×1.3×0.0×1.2×-0.3×
Leverage
Debt-to-equity6.2×-3.0×6.4×-4.0×5.7×-2.3×7.6×-3.0×9.2×-3.5×
Net debt / EBITDA3.7×-0.7×3.8×-0.9×3.8×-1.3×4.1×-1.5×4.4×-1.1×
Per Share
Book value per share$16.89+47.2%$15.97+47.0%$17.75+27.8%$13.73+25.4%$11.47+22.5%
Valuation
Market capitalization$189.67B+13.3%$176.25B+25.8%$151.93B-12.2%$149.21B-11.0%$167.37B+9.8%
Price / earnings24.3×-3.9×22.9×-11.4×21.7×-19.2×22.5×-31.0×28.2×-12.3×
Price / sales5.1×+0.2×4.8×+0.6×4.2×-1.1×4.3×-1.1×4.9×-0.3×
Price / book20.6×-6.3×20.4×-3.5×15.8×-7.2×20.1×-8.2×27×-3.4×
EV / EBITDA15.9×-1.3×16.2×+0.6×14.6×-5.2×14.9×-5.5×17.2×-1.5×
Dividend yield2.7%-0.2pp2.9%-0.5pp3.3%+0.6pp3.3%+0.5pp2.9%-0.1pp

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Questions, answered.

What are Amgen's profit margins?
Amgen (AMGN) runs a 68.3% gross margin and a 28.4% operating margin, with a 21.0% net margin.
Where do Amgen's ratios come from?
Every ratio is computed from Amgen's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.