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

460.75 0.47 +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

Amgen Inc. (AMGN) Return on equity

Alert me on Return on equity

Amgen Inc.'s return on equity over the twelve months to 30 September 2026 was 78.4%, down 27.8 percentage points from fiscal 2025 (106.1%). Over the past ten years it has ranged from 7.18% (fiscal 2017) to 135.8% (fiscal 2023); the current reading is higher than 82% of that period. That is above the Drug Manufacturers General industry median of 5.80% and above the Healthcare sector median of −26.3%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 106.1% 38.55
FY2024 67.6% (68.24)
FY2023 135.8% 9.32
FY2022 126.5% 53.31
FY2021 73.2% (2.97)
FY2020 76.1% 5.40
FY2019 70.7% 26.25
FY2018 44.5% 37.30
FY2017 7.18% (19.47)
FY2016 26.7% 0.88

Against its own ten years

Low 7.18% High 135.8%
Ten-year median 70.7%
Current reading's percentile 82

Return on equity against peers

Company Return on equity
AMGN Amgen Inc. 78.4%
NVO Novo Nordisk A/S compare 60.8%
BMY Bristol Myers Squibb Company compare 44.0%
NVS Novartis AG compare 24.4%
AZN AstraZeneca PLC compare 22.6%
PFE Pfizer Inc. compare 4.42%
MRK Merck & Co., Inc. compare 0.00%
GILD Gilead Sciences, Inc. compare −22.5%
ABBV AbbVie Inc. compare −288.7%
Drug Manufacturers General industry median 5.80%
Healthcare sector median −26.3%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

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

The full definition of Return on equity →

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