Amgen Inc. AMGN

414.61 8.57 2.11% as of 25 Sep
Market cap
$219.1B
P/E
25.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Amgen Inc. (AMGN) Free cash flow

Amgen Inc.'s free cash flow for fiscal 2025 was $8.1B, down 22.1% from $10.4B in fiscal 2024. Over the twelve months to 30 June 2026 it was $10.2B. Over the past ten years it has ranged from $7.4B (fiscal 2023) to $10.6B (fiscal 2018); the current reading is higher than 18% of that period. Amgen Inc. ranks 10th of 21 Drug Manufacturers General companies by free cash flow.

Free cash flow, annual

Annual

Period Free cash flow Change
FY2025 $8.1B (22.07%)
FY2024 $10.4B 41.24%
FY2023 $7.4B (16.23%)
FY2022 $8.8B 4.82%
FY2021 $8.4B (15.25%)
FY2020 $9.9B 15.90%
FY2019 $8.5B (19.19%)
FY2018 $10.6B 0.43%
FY2017 $10.5B 9.33%
FY2016 $9.6B 2.18%

Quarterly

Period Free cash flow Change
Jun 2026 $3.5B 136.22%
Mar 2026 $1.5B 53.69%
Dec 2025 $961.0M (77.38%)
Sep 2025 $4.2B 122.29%
42 more quarters

Against its own ten years

Low $7.4B High $10.6B
Ten-year median $9.4B
Current reading's percentile 18

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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