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. In the quarter to June 2026, revenue grew 9.53%, EPS grew 65.4%, free cash flow grew 82.6% and total debt rose 1.96%, each against the same quarter a year earlier. Member of the S&P 500, Nasdaq 100 and Dow Jones; dividend growth for ten consecutive years, revenue growth for five.

432.49 1.54 −0.35%
Market cap
$234.7B
P/E
26.7×
Fwd P/E
22.7×
Dividend yield
2.30%
F-score
7/9
Altman Z
1.69
Beneish M
−2.27
Dividend safety
56/100

Amgen Inc. (AMGN) Return on assets

Alert me on Return on assets

Amgen Inc.'s return on assets over the twelve months to 30 June 2026 was 9.53%, up 1.1 percentage points from fiscal 2025 (8.45%). Over the past ten years it has ranged from 2.51% (fiscal 2017) to 12.4% (fiscal 2019); the current reading is higher than 36% of that period. That is above the Drug Manufacturers General industry median of 2.57% and above the Healthcare sector median of −30.9%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 8.45% 4.12
FY2024 4.33% (3.95)
FY2023 8.28% (2.10)
FY2022 10.4% 0.88
FY2021 9.50% (2.34)
FY2020 11.8% (0.60)
FY2019 12.4% 0.97
FY2018 11.5% 8.96
FY2017 2.51% (7.85)
FY2016 10.4% 0.48

Against its own ten years

Low 2.51% High 12.4%
Ten-year median 9.88%
Current reading's percentile 36

Return on assets against peers

Company Return on assets
NVO Novo Nordisk A/S compare 22.0%
NVS Novartis AG compare 11.3%
BMY Bristol Myers Squibb Company compare 10.2%
AMGN Amgen Inc. 9.53%
AZN AstraZeneca PLC compare 9.15%
ABBV AbbVie Inc. compare 4.61%
MRK Merck & Co., Inc. compare 2.57%
PFE Pfizer Inc. compare 2.13%
GILD Gilead Sciences, Inc. compare −6.17%
Drug Manufacturers General industry median 2.57%
Healthcare sector median −30.9%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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