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) Gross margin

Amgen Inc.'s gross margin over the twelve months to 30 June 2026 was 69.5%, up 2.3 percentage points from fiscal 2025 (67.3%). Over the past ten years it has ranged from 61.5% (fiscal 2024) to 82.7% (fiscal 2018); the current reading is higher than 18% of that period. That is in line with the Drug Manufacturers General industry median of 72.8% and above the Healthcare sector median of 53.7%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 67.3% 5.72
FY2024 61.5% (8.49)
FY2023 70.0% (5.64)
FY2022 75.7% 0.50
FY2021 75.2% (0.61)
FY2020 75.8% (5.58)
FY2019 81.4% (1.38)
FY2018 82.7% 0.54
FY2017 82.2% 0.29
FY2016 81.9% 1.41

Quarterly

Period Gross margin Change (points)
Jun 2026 72.0% 3.88
Mar 2026 68.2% (1.68)
Dec 2025 69.8% 2.09
Sep 2025 67.8% 0.55
42 more quarters

Against its own ten years

Low 61.5% High 82.7%
Ten-year median 75.8%
Current reading's percentile 18

Gross margin against peers

Company Gross margin
AZN AstraZeneca PLC compare 81.9%
NVO Novo Nordisk A/S compare 80.7%
GILD Gilead Sciences, Inc. compare 79.6%
NVS Novartis AG compare 74.7%
PFE Pfizer Inc. compare 73.2%
MRK Merck & Co., Inc. compare 73.0%
ABBV AbbVie Inc. compare 71.5%
BMY Bristol Myers Squibb Company compare 70.2%
AMGN Amgen Inc. 69.5%
Drug Manufacturers General industry median 72.8%
Healthcare sector median 53.7%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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