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Amgen AMGN Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin266.2%+5.3pp260.9%+5.7pp255.2%+5.7pp249.5%+1.2pp248.3%-3.4pp
Operating margin100.7%+6.6pp94.1%+3.0pp91.1%+5.0pp86.1%+3.4pp82.7%-1.8pp
Net margin80.4%+3.6pp76.8%+8.7pp68.1%+6.5pp61.6%+8.8pp52.7%+4.6pp
Returns
Return on equity388.3%-4.4pp392.6%+38.5pp354.1%+26.0pp328.1%+49.9pp278.2%+33.1pp
Return on invested capital48.5%+4.0pp44.5%+2.6pp41.9%+2.9pp38.9%+3.0pp35.9%+1.2pp
Efficiency
Asset turnover1.6×0.0×1.6×0.0×1.5×0.0×1.5×0.0×1.4×0.0×
Liquidity
Current ratio+0.1×4.9×-0.1×0.0×5.1×0.0×-0.3×
Leverage
Debt-to-equity25.9×-3.0×28.9×-4.0×32.8×-2.3×35.2×-3.0×38.2×-3.5×
Net debt / EBITDA15.4×-0.7×16.1×-0.9×16.9×-1.3×18.2×-1.5×19.7×-1.1×
Per Share
Book value per share$64.34+9.2%$58.92+9.5%$53.81+7.7%$49.95+5.9%$47.18+4.7%
Valuation
Market capitalization$667.05B+3.5%$644.75B+5.9%$608.6B-3.4%$629.81B-2.8%$648.21B+2.4%
Price / earnings91.4×-3.9×95.3×-11.4×106.7×-19.2×125.9×-31.0×156.9×-12.3×
Price / sales18.4×+0.2×18.2×+0.6×17.6×-1.1×18.7×-1.1×19.8×-0.3×
Price / book76.9×-6.3×83.2×-3.5×86.7×-7.2×93.9×-8.2×102.1×-3.4×
EV / EBITDA61.7×-1.3×63×+0.6×62.3×-5.2×67.5×-5.5×73×-1.5×
Dividend yield12.3%-0.2pp12.5%-0.5pp13%+0.6pp12.5%+0.5pp11.9%-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.