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 equity

Alert me on Return on equity

Amgen Inc.'s return on equity over the twelve months to 30 June 2026 was 91.5%, down 14.6 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 5.87% and above the Healthcare sector median of −31.3%.

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. 91.5%
NVO Novo Nordisk A/S compare 60.8%
BMY Bristol Myers Squibb Company compare 46.6%
NVS Novartis AG compare 30.4%
AZN AstraZeneca PLC compare 22.0%
MRK Merck & Co., Inc. compare 6.97%
PFE Pfizer Inc. compare 4.97%
GILD Gilead Sciences, Inc. compare −20.7%
ABBV AbbVie Inc. compare −208.1%
Drug Manufacturers General industry median 5.87%
Healthcare sector median −31.3%
Market median 1.35%

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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