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Company Analysis

Amgen Inc. AMGN

A comprehensive view of key metrics, scores, and financial health for Amgen Inc.

Overview of Amgen Inc.

AMGN NMS
Healthcare Drug Manufacturers - General Framework: Pharma / Mature Biotech Mega Cap
Amgen Inc. (AMGN), is a Mega Cap company, in the Drug Manufacturers - General industry, last closed at $465.45, about 64.8% overvalued vs fair value, +47.5% 1Y return, ranked 379/1145 in sector.
Metrics P/E 23.0× Rev Growth 10.0% ROE 106.1% Gross Margin 67.3% Div Yield 2.91%
USD 465.45
-0.12%
(Delayed)
• Vol 90d: 31.7%
52-Week Range
Market Cap
$251.64B
Enterprise Value
$294.95B
Overall Score
View breakdown
Overall
Growth
Good
Profitability
Fair
Health
Fair
Efficiency
Fair
Valuation
Good
Growth
Good
Profitability
Fair
Health
Fair
Efficiency
Fair
Valuation
Good
Completeness: 100%
Confidence: 96%
Updated: Oct 31
Top Beats

Quick Facts

Website https://www.amgen.com
HQ Thousand Oaks, CA
Employees 31,500
Fiscal year Dec 31

Next Events

Dividend Nov 20

Fair Value Snapshot

Bear Base Bull
$150
$164
$178
Current: $465.45 -65% vs base

Engine Room Money Flow™

Mega Cap

Pharmaceutical / Mature Biotech - Where revenue goes and how value is created

Flow Steps
Total Revenue
$36.8B
10%%
Gross Profit
$24.7B
20.2%%
R&D Expense
$7.3B
21.9%%
Operating Income (EBIT)
$11.7B
51.1%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Pharmaceutical / Mature Biotech

Quality & Reliability Indicators

Cash Conversion
84.9%
Good

Good cash conversion

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$5.1B
63.3% of FCF

Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
2
Active Leaks
1/2
Improving
0
High Impact
0
Critical
Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Amgen Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
54
/100
Moderate
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • Revenue Growth Consistent Revenue growth volatility is low (stability score 0.72), suggesting sticky customer base.
  • Cash Generation Consistent Cash generation is consistent (score 0.75), indicating reliable business model.

Key risks

  • Elevated Debt Risk Debt serviceability is weak (score 0.37), raising refinancing risk.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
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Signals, strengths and risks for Pricing Power

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Signals, strengths and risks for Cost Advantage

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Signals, strengths and risks for Customer Stickiness

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Signals, strengths and risks for Capital Efficiency

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Signals, strengths and risks for Resilience

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Signals, strengths and risks for Scale & Market Position

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

vs Industry Peers 100% Coverage
Trade-Off Triangle Visualization A ternary plot showing AMGN's balance between Growth (35.7%), Profitability (44.8%), and Safety (19.5%). Growth 36% Safety 20% Profitability 45%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

66th percentile vs peers
67
Key Signals
Rev Growth YoY 10.0% 67p Revenue CAGR 3Y 11.8% 70p EPS Growth YoY 88.2% 70p EPS CAGR 3Y 5.5% 54p TSR 29.2% 67p
Strengths
  • Superior capital returns - 3 return metrics above peer median
  • Growth above peer median with strong metric coverage (100%)
  • Operating Margin in top 20% of peers (24.7%, 87th percentile)
  • ROIC in top 20% of peers (12.3%, 80th percentile)
Risks

No significant risks identified for this axis.

Profitability

84th percentile vs peers
84
Key Signals
Strengths
Risks
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Safety

36th percentile vs peers
37
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Amgen Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$163.61
- - -
-64.8% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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