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Amgen AMGN Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin260.9%+9.2pp251.7%-41.0pp292.7%-9.7pp302.4%+0.9pp
Operating margin94.1%+9.7pp84.4%-46.6pp131.1%-7.8pp138.9%+16.4pp
Net margin76.8%+28.7pp48.1%-64.2pp112.3%+14.7pp97.5%+2.4pp
EBITDA margin155.4%+5.2pp150.2%-35.3pp185.5%-4.8pp190.3%+13.8pp
Free cash flow margin116.5%+24.3pp92.2%-34.1pp126.2%-4.9pp131.2%-5.5pp
Returns
Return on equity392.6%+148pp245.1%-451pp695.8%+219pp476.6%+209pp
Return on assets30.1%+13.5pp16.6%-22.9pp39.5%-2.0pp41.4%+2.7pp
Return on invested capital44.5%+9.8pp34.7%-22.3pp57%-23.4pp80.4%+14.8pp
Efficiency
Asset turnover1.6×+0.2×1.4×0.0×1.4×-0.3×1.7×+0.1×
Inventory turnover6.9×+0.1×6.8×+1.4×5.5×-0.4×5.9×-0.5×
Liquidity
Current ratio4.9×-0.4×5.3×-5.2×10.4×+4.4×6.1×-0.1×
Quick ratio3.7×0.0×3.8×-5.2×+4.3×4.7×-0.3×
Cash ratio0.1×0.0×0.1×0.0×0.1×-0.3×0.5×+0.2×
Leverage
Debt-to-equity28.9×-12.8×41.7×+2.7×39×-37.8×76.8×+59.6×
Debt-to-assets2.5×-0.2×2.7×0.0×2.7×+0.3×2.5×+0.3×
Net debt / EBITDA16.1×-4.7×20.8×+1.0×19.8×+8.2×11.6×-0.3×
Interest coverage11.6×+3.2×8.4×-8.0×16.3×-11.8×28.2×+1.9×
Per Share
Book value per share$58.92+30.7%$45.07-6.8%$48.38+145%$19.72-65.1%
Valuation
Market capitalization$644.75B+1.8%$633.22B+16.1%$545.62B+3.9%$525.38B+0.3%
Enterprise value$865.97B-1.5%$879.28B+11.0%$792.45B+18.3%$670.12B+1.9%
Price / earnings95.3×-73.9×169.2×+96.1×73.1×-9.2×82.3×-4.2×
Price / sales18.2×-1.9×20.1×-0.1×20.2×+0.3×19.9×-0.5×
Price / book83.2×-22.3×105.5×+20.3×85.1×-187×272.1×+207×
EV / EBITDA63×-11.5×74.5×+10.8×63.7×+10.0×53.7×-4.7×
EV / sales24.4×-3.5×27.9×-1.5×29.4×+3.9×25.4×-0.3×
Free cash flow yield25.8%+6.8pp19%-6.3pp25.3%-1.1pp26.4%-0.2pp
Earnings yield17%+7.3pp9.7%-12.8pp22.5%+2.8pp19.7%+1.1pp
Dividend yield12.5%+0.5pp12%-1.0pp13%+0.4pp12.6%+0.6pp
PEG ratio1.3×12×

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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.