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Friday 6 November 2026 Export AMGN’s income statement to Excel — free account

Amgen Inc.

AMGN Healthcare Drug Manufacturers General

Amgen Inc.’s revenue for fiscal 2025 (year ended December 2025) was $36.8 billion, up 9.95% from fiscal 2024.

Revenue
+8.45%
EPS
+19.4%
Free cash flow
−0.16%
Total debt
−1.06%

Quarter to September 2026, against a year earlier

460.73 0.45 +0.10%
Market cap
$248.8B
P/E
26.6×
Fwd P/E
29.6×
Dividend yield
2.15%
F-score
7/9
Altman Z
1.69
Beneish M
−2.27
Dividend safety
56/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Amgen Inc. (AMGN) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Amgen Inc. (AMGN) trades at a P/B ratio of 21.4×. Over the past ten years it has ranged from 3.3× (November 2016) to 154× (May 2022); the current reading is higher than 76% of that period. That is above the Drug Manufacturers General industry median of 5.2× and above the Healthcare sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 20.3× (14.60%)
FY2024 23.8× (6.72%)
FY2023 25.5× (33.60%)
FY2022 38.5× 100.90%
FY2021 19.1× 33.66%
FY2020 14.3× (5.03%)
FY2019 15.1× 46.47%
FY2018 10.3× 100.82%
FY2017 5.1× 35.83%
FY2016 3.8× (13.87%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 19.5× 16.62%
Jun 2026 16.7× (19.08%)
Mar 2026 20.7× 1.65%
Dec 2025 20.3× 28.86%
43 more quarters

Against its own ten years

Low 3.3× High 154×
Ten-year median 14.3×
Current reading's percentile 73

P/B ratio against peers

Company P/B ratio
ABBV AbbVie Inc. compare n/m
PFE Pfizer Inc. compare 1.9×
NVO Novo Nordisk A/S compare 5.2×
BMY Bristol Myers Squibb Company compare 5.5×
AZN AstraZeneca PLC compare 5.6×
NVS Novartis AG compare 8.2×
MRK Merck & Co., Inc. compare 8.6×
GILD Gilead Sciences, Inc. compare 16.1×
AMGN Amgen Inc. 21.4×
Drug Manufacturers General industry median 5.2×
Healthcare sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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