AMGN

Updated: Mar 12, 2026 11:30 AM

Amgen Inc

Market Cap: $202.38B P/S: 20x Ownership — Insider: 0.2% | Institutional: 85.2% | Retail: 14.5% HEALTHCARE DRUG MANUFACTURERS - GENERAL

Amgen Inc. (formerly Applied Molecular Genetics Inc.) is an American multinational biopharmaceutical company headquartered in Thousand Oaks, California. Focused on molecular biology and biochemistry, its goal is to provide a healthcare business based on recombinant DNA technology.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        20/20 dates (100%)
  ✅ grossProfit                         20/20 dates (100%)
  ✅ netIncome                           20/20 dates (100%)

Plot for AMGN (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               0.00B                     9.19B                    18.37B                    27.56B                    36.74B
               |                         |                         |                         |                         |

  2006-12-31 |  14.27B
  2007-12-31 |  14.77B
  2008-12-31 |  15.00B
  2009-12-31 |  14.64B
  2010-12-31 |  15.05B
  2011-12-31 |  15.58B
  2012-12-31 |  17.27B
  2013-12-31 |  18.68B
  2014-12-31 |  20.06B
  2015-12-31 |  21.66B
  2016-12-31 |  22.99B
  2017-12-31 |  22.85B
  2018-12-31 |  23.75B
  2019-12-31 |  23.36B
  2020-12-31 |  25.42B
  2021-12-31 |  25.98B
  2022-12-31 |  26.32B
  2023-12-31 |  28.19B
  2024-12-31 |  33.42B
  2025-12-31 |  36.74B

               |                         |                         |                         |                         |
               0.00B                     9.19B                    18.37B                    27.56B                    36.74B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              20/20 dates (100%)
  ✅ sellingGeneralAndAdministrative     20/20 dates (100%)
  ✅ costofGoodsAndServicesSold          20/20 dates (100%)

Plot for AMGN (in B)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     3.21B                     6.43B                     9.64B                    12.86B
               |                         |                         |                         |                         |

  2006-12-31 |  3.37B
  2007-12-31 |  3.36B
  2008-12-31 |  3.79B
  2009-12-31 |  3.82B
  2010-12-31 |  3.98B
  2011-12-31 |  4.49B
  2012-12-31 |  4.80B
  2013-12-31 |  5.18B
  2014-12-31 |  4.70B
  2015-12-31 |  4.51B
  2016-12-31 |  4.63B
  2017-12-31 |  4.25B
  2018-12-31 |  4.66B
  2019-12-31 |  4.36B
  2020-12-31 |  6.16B
  2021-12-31 |  6.45B
  2022-12-31 |  6.41B
  2023-12-31 |  8.45B
  2024-12-31 |  12.86B
  2025-12-31 |  10.73B

               |                         |                         |                         |                         |
               0.00B                     3.21B                     6.43B                     9.64B                    12.86B

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         20/20 dates (100%)
  ✅ shortLongTermDebtTotal              20/20 dates (100%)
  ✅ operatingCashflow                   20/20 dates (100%)

Plot for AMGN (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               0.00B                    16.15B                    32.31B                    48.46B                    64.61B
               |                         |                         |                         |                         |

  2006-12-31 |  9.01B
  2007-12-31 |  11.18B
  2008-12-31 |  10.18B
  2009-12-31 |  10.60B
  2010-12-31 |  13.36B
  2011-12-31 |  21.43B
  2012-12-31 |  26.53B
  2013-12-31 |  32.13B
  2014-12-31 |  30.71B
  2015-12-31 |  31.43B
  2016-12-31 |  34.60B
  2017-12-31 |  35.34B
  2018-12-31 |  33.93B
  2019-12-31 |  29.90B
  2020-12-31 |  32.99B
  2021-12-31 |  33.31B
  2022-12-31 |  38.95B
  2023-12-31 |  64.61B
  2024-12-31 |  60.10B
  2025-12-31 |  54.60B

               |                         |                         |                         |                         |
               0.00B                    16.15B                    32.31B                    48.46B                    64.61B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   20/20 dates (100%)
  ✅ capitalExpenditures                 20/20 dates (100%)

Plot for AMGN (in B)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               0.00B                     2.87B                     5.75B                     8.62B                    11.49B
               |                         |                         |                         |                         |

  2006-12-31 |  5.39B
  2007-12-31 |  5.40B
  2008-12-31 |  5.99B
  2009-12-31 |  6.34B
  2010-12-31 |  5.79B
  2011-12-31 |  5.12B
  2012-12-31 |  5.88B
  2013-12-31 |  6.29B
  2014-12-31 |  8.55B
  2015-12-31 |  9.08B
  2016-12-31 |  10.35B
  2017-12-31 |  11.18B
  2018-12-31 |  11.30B
  2019-12-31 |  9.15B
  2020-12-31 |  10.50B
  2021-12-31 |  9.26B
  2022-12-31 |  9.72B
  2023-12-31 |  8.47B
  2024-12-31 |  11.49B
  2025-12-31 |  9.96B

               |                         |                         |                         |                         |
               0.00B                     2.87B                     5.75B                     8.62B                    11.49B

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         20/20 dates (100%)
  ✅ totalLiabilities                    20/20 dates (100%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for AMGN (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                    24.29B                    48.58B                    72.87B                    97.15B
               |                         |                         |                         |                         |

  2006-12-31 |  33.79B
  2007-12-31 |  34.64B
  2008-12-31 |  36.44B
  2009-12-31 |  39.63B
  2010-12-31 |  43.49B
  2011-12-31 |  48.87B
  2012-12-31 |  54.30B
  2013-12-31 |  66.12B
  2014-12-31 |  69.01B
  2015-12-31 |  71.58B
  2016-12-31 |  77.63B
  2017-12-31 |  79.95B
  2018-12-31 |  66.42B
  2019-12-31 |  59.71B
  2020-12-31 |  62.95B
  2021-12-31 |  61.16B
  2022-12-31 |  65.12B
  2023-12-31 |  97.15B
  2024-12-31 |  91.84B
  2025-12-31 |  90.59B

               |                         |                         |                         |                         |
               0.00B                    24.29B                    48.58B                    72.87B                    97.15B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           20/20 dates (100%)
  ✅ shortLongTermDebtTotal              20/20 dates (100%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for AMGN (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               0.00B                    16.15B                    32.31B                    48.46B                    64.61B
               |                         |                         |                         |                         |

  2006-12-31 |  18.96B
  2007-12-31 |  17.87B
  2008-12-31 |  20.39B
  2009-12-31 |  22.67B
  2010-12-31 |  23.94B
  2011-12-31 |  21.43B
  2012-12-31 |  26.53B
  2013-12-31 |  32.13B
  2014-12-31 |  30.71B
  2015-12-31 |  31.43B
  2016-12-31 |  34.60B
  2017-12-31 |  35.34B
  2018-12-31 |  33.93B
  2019-12-31 |  29.90B
  2020-12-31 |  32.99B
  2021-12-31 |  33.31B
  2022-12-31 |  38.95B
  2023-12-31 |  64.61B
  2024-12-31 |  60.10B
  2025-12-31 |  54.60B

               |                         |                         |                         |                         |
               0.00B                    16.15B                    32.31B                    48.46B                    64.61B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for AMGN (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -9.90B                    -4.95B                     0.00B                     4.95B                     9.90B
               |                         |                         |                         |                         |

  2019-12-31 |                                                     |  6.20B
  2020-03-31 |                                                     |  6.16B
  2020-06-30 |                                                     |  6.21B
  2020-09-30 |                                                     |  6.42B
  2020-12-31 |                                                     |  6.63B
  2021-03-31 |                                                     |  5.90B
  2021-06-30 |                                                     |  6.53B
  2021-09-30 |                                                     |  6.71B
  2021-12-31 |                                                     |  6.85B
  2022-03-31 |                                                     |  6.24B
  2022-06-30 |                                                     |  6.59B
  2022-09-30 |                                                     |  6.65B
  2022-12-31 |                                                     |  6.84B
  2023-03-31 |                                                     |  6.11B
  2023-06-30 |                                                     |  6.99B
  2023-09-30 |                                                     |  6.90B
  2023-12-31 |                                                     |  8.20B
  2024-03-31 |                                                    |  7.45B
  2024-06-30 |                                                     |  8.39B
  2024-09-30 |                                                     |  8.50B
  2024-12-31 |                                                     |  9.09B
  2025-03-31 |                                                     |  8.15B
  2025-06-30 |                                                     |  9.17B
  2025-09-30 |                                                     |  9.56B
  2025-12-31 |                                                     | 9.90B

               |                         |                         |                         |                         |
               -9.90B                    -4.95B                     0.00B                     4.95B                     9.90B

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              25/25 dates (100%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for AMGN (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     0.83B                     1.66B                     2.48B                     3.31B
               |                         |                         |                         |                         |

  2019-12-31 |  1.31B
  2020-03-31 |  1.51B
  2020-06-30 |  1.49B
  2020-09-30 |  1.56B
  2020-12-31 |  1.60B
  2021-03-31 |  1.49B
  2021-06-30 |  1.64B
  2021-09-30 |  1.61B
  2021-12-31 |  1.72B
  2022-03-31 |  1.56B
  2022-06-30 |  1.51B
  2022-09-30 |  1.59B
  2022-12-31 |  1.75B
  2023-03-31 |  1.72B
  2023-06-30 |  1.81B
  2023-09-30 |  1.81B
  2023-12-31 |  3.11B
  2024-03-31 |  3.20B
  2024-06-30 |  3.24B
  2024-09-30 |  3.31B
  2024-12-31 |  3.11B
  2025-03-31 |  2.97B
  2025-06-30 |  3.01B
  2025-09-30 |  3.08B
  2025-12-31 |  2.15B

               |                         |                         |                         |                         |
               0.00B                     0.83B                     1.66B                     2.48B                     3.31B

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for AMGN (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               0.00B                    16.15B                    32.31B                    48.46B                    64.61B
               |                         |                         |                         |                         |

  2019-12-31 |  29.90B
  2020-03-31 |  31.85B
  2020-06-30 |  34.22B
  2020-09-30 |  34.29B
  2020-12-31 |  32.99B
  2021-03-31 |  32.69B
  2021-06-30 |  32.78B
  2021-09-30 |  37.58B
  2021-12-31 |  33.31B
  2022-03-31 |  36.85B
  2022-06-30 |  36.52B
  2022-09-30 |  38.70B
  2022-12-31 |  38.95B
  2023-03-31 |  61.59B
  2023-06-30 |  61.54B
  2023-09-30 |  60.47B
  2023-12-31 |  64.61B
  2024-03-31 |  64.02B
  2024-06-30 |  62.65B
  2024-09-30 |  60.40B
  2024-12-31 |  60.10B
  2025-03-31 |  57.38B
  2025-06-30 |  56.20B
  2025-09-30 |  54.59B
  2025-12-31 |  54.60B

               |                         |                         |                         |                         |
               0.00B                    16.15B                    32.31B                    48.46B                    64.61B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for AMGN (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               0.00B                     1.19B                     2.39B                     3.58B                     4.77B
               |                         |                         |                         |                         |

  2019-12-31 |  2.51B
  2020-03-31 |  2.13B
  2020-06-30 |  2.84B
  2020-09-30 |  3.37B
  2020-12-31 |  2.15B
  2021-03-31 |  2.10B
  2021-06-30 |  1.93B
  2021-09-30 |  2.42B
  2021-12-31 |  2.81B
  2022-03-31 |  2.16B
  2022-06-30 |  1.93B
  2022-09-30 |  2.98B
  2022-12-31 |  2.65B
  2023-03-31 |  1.06B
  2023-06-30 |  4.11B
  2023-09-30 |  2.76B
  2023-12-31 |  0.54B
  2024-03-31 |  0.69B
  2024-06-30 |  2.46B
  2024-09-30 |  3.57B
  2024-12-31 |  4.77B
  2025-03-31 |  1.39B
  2025-06-30 |  2.28B
  2025-09-30 |  4.68B
  2025-12-31 |  1.60B

               |                         |                         |                         |                         |
               0.00B                     1.19B                     2.39B                     3.58B                     4.77B

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         25/25 dates (100%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for AMGN (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                    24.29B                    48.58B                    72.87B                    97.15B
               |                         |                         |                         |                         |

  2019-12-31 |  59.71B
  2020-03-31 |  61.67B
  2020-06-30 |  65.01B
  2020-09-30 |  64.64B
  2020-12-31 |  62.95B
  2021-03-31 |  62.54B
  2021-06-30 |  59.77B
  2021-09-30 |  64.99B
  2021-12-31 |  61.16B
  2022-03-31 |  59.20B
  2022-06-30 |  59.29B
  2022-09-30 |  63.70B
  2022-12-31 |  65.12B
  2023-03-31 |  88.72B
  2023-06-30 |  90.27B
  2023-09-30 |  90.53B
  2023-12-31 |  97.15B
  2024-03-31 |  92.98B
  2024-06-30 |  90.91B
  2024-09-30 |  90.88B
  2024-12-31 |  91.84B
  2025-03-31 |  89.37B
  2025-06-30 |  87.90B
  2025-09-30 |  90.14B
  2025-12-31 |  90.59B

               |                         |                         |                         |                         |
               0.00B                    24.29B                    48.58B                    72.87B                    97.15B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for AMGN (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -64.61B                   -32.31B                    0.00B                    32.31B                    64.61B
               |                         |                         |                         |                         |

  2019-12-31 |                                                     |  29.90B
  2020-03-31 |                                                     |  31.85B
  2020-06-30 |                                                     |  34.22B
  2020-09-30 |                                                     |  34.29B
  2020-12-31 |                                                     |  32.99B
  2021-03-31 |                                                     |  32.69B
  2021-06-30 |                                                     |  32.78B
  2021-09-30 |                                                     |  37.58B
  2021-12-31 |                                                     |  33.31B
  2022-03-31 |                                                     |  36.85B
  2022-06-30 |                                                     |  36.52B
  2022-09-30 |                                                     |  38.70B
  2022-12-31 |                                                     |  38.95B
  2023-03-31 |                                                     |  61.59B
  2023-06-30 |                                                     |  61.54B
  2023-09-30 |                                                     |  60.47B
  2023-12-31 |                                                     | 64.61B
  2024-03-31 |                                                    | 64.02B
  2024-06-30 |                                                     |  62.65B
  2024-09-30 |                                                     |  60.40B
  2024-12-31 |                                                     |  60.10B
  2025-03-31 |                                                     |  57.38B
  2025-06-30 |                                                     |  56.20B
  2025-09-30 |                                                     |  54.59B
  2025-12-31 |                                                     |  54.60B

               |                         |                         |                         |                         |
               -64.61B                   -32.31B                    0.00B                    32.31B                    64.61B

Price History

Volume

Advanced Chart