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Amgen AMGN Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin266.2%+17.8pp260.9%+9.2pp255.2%-5.0pp249.5%-23.8pp248.3%-35.8pp
Operating margin100.7%+18.0pp94.1%+9.7pp91.1%+0.4pp86.1%-18.5pp82.7%-37.7pp
Net margin80.4%+27.6pp76.8%+28.7pp68.1%+8.4pp61.6%-13.3pp52.7%-42.0pp
Returns
Return on equity388.3%+110pp392.6%+148pp354.1%+40.7pp328.1%-63.4pp278.2%-237pp
Return on invested capital48.5%+12.6pp44.5%+9.8pp41.9%+4.2pp38.9%-4.4pp35.9%-15.0pp
Efficiency
Asset turnover1.6×+0.2×1.6×+0.2×1.5×+0.1×1.5×+0.1×1.4×+0.1×
Liquidity
Current ratio0.0×4.9×-0.4×-0.6×5.1×-2.1×-3.7×
Leverage
Debt-to-equity25.9×-12.3×28.9×-12.8×32.8×-9.0×35.2×-6.5×38.2×-2.0×
Net debt / EBITDA15.4×-4.3×16.1×-4.7×16.9×-4.6×18.2×-3.0×19.7×-0.7×
Per Share
Book value per share$64.34+36.4%$58.92+30.7%$53.81+17.5%$49.95+8.3%$47.18-1.3%
Valuation
Market capitalization$667.05B+2.9%$644.75B+1.8%$608.6B-6.0%$629.81B+1.9%$648.21B+13.9%
Price / earnings91.4×-65.5×95.3×-73.9×106.7×-51.2×125.9×-10.1×156.9×+59.6×
Price / sales18.4×-1.4×18.2×-1.9×17.6×-3.8×18.7×-2.7×19.8×-0.6×
Price / book76.9×-25.2×83.2×-22.3×86.7×-19.7×93.9×-8.2×102.1×+10.7×
EV / EBITDA61.7×-11.3×63×-11.5×62.3×-14.8×67.5×-6.2×73×+5.8×
Dividend yield12.3%+0.4pp12.5%+0.5pp13%+1.5pp12.5%+0.6pp11.9%-0.8pp

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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.