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) Return on invested capital

Amgen Inc.'s return on invested capital over the twelve months to 30 June 2026 was 13.0%, up 2.5 percentage points from fiscal 2025 (10.5%). Over the past ten years it has ranged from 8.24% (fiscal 2023) to 37.5% (fiscal 2018); the current reading is higher than 27% of that period. That is above the Drug Manufacturers General industry median of 6.30% and above the Healthcare sector median of 0.00%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 10.5% 2.08
FY2024 8.40% 0.16
FY2023 8.24% (9.71)
FY2022 18.0% 3.02
FY2021 14.9% (3.06)
FY2020 18.0% (1.73)
FY2019 19.7% (17.74)
FY2018 37.5% 4.49
FY2017 33.0% 9.77
FY2016 23.2% 4.38

Against its own ten years

Low 8.24% High 37.5%
Ten-year median 18.0%
Current reading's percentile 27

Return on invested capital against peers

Company Return on invested capital
NVO Novo Nordisk A/S compare 28.7%
ABBV AbbVie Inc. compare 18.1%
BMY Bristol Myers Squibb Company compare 13.7%
NVS Novartis AG compare 13.1%
AMGN Amgen Inc. 13.0%
AZN AstraZeneca PLC compare 11.7%
PFE Pfizer Inc. compare 6.30%
MRK Merck & Co., Inc. compare 5.08%
GILD Gilead Sciences, Inc. compare −4.48%
Drug Manufacturers General industry median 6.30%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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