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Amgen stock: key metrics
AMGNAmgen had an operating margin of 29.1% and a return on invested capital (ROIC) of 17% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 85.3% | 26.9% | 20.7% |
| 2007 | 82.7% | 26.9% | 21.4% |
| 2008 | 84.7% | 34.8% | 28.0% |
| 2009 | 85.7% | 37.6% | 31.5% |
| 2010 | 85.3% | 36.8% | 30.7% |
| 2011 | 84.4% | 27.7% | 23.6% |
| 2012 | 83.1% | 32.3% | 25.2% |
| 2013 | 82.1% | 31.4% | 27.2% |
| 2014 | 78.0% | 30.9% | 25.7% |
| 2015 | 80.5% | 39.1% | 32.0% |
| 2016 | 81.9% | 42.6% | 33.6% |
| 2017 | 82.2% | 43.6% | 8.7% |
| 2018 | 82.7% | 43.2% | 35.3% |
| 2019 | 81.4% | 41.4% | 33.6% |
| 2020 | 75.8% | 35.9% | 28.6% |
| 2021 | 75.2% | 29.4% | 22.7% |
| 2022 | 75.7% | 36.3% | 24.9% |
| 2023 | 70.1% | 28.0% | 23.8% |
| 2024 | 61.5% | 21.7% | 12.2% |
| 2025 | 70.8% | 29.1% | 21.0% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 15.6% | 13.0% | 8.7% |
| 2007 | 17.7% | 14.6% | 9.1% |
| 2008 | 20.6% | 19.4% | 11.5% |
| 2009 | 20.3% | 23.9% | 11.6% |
| 2010 | 19.3% | 24.3% | 10.6% |
| 2011 | 19.4% | 19.3% | 7.5% |
| 2012 | 22.8% | 23.4% | 8.0% |
| 2013 | 23.0% | 20.1% | 7.7% |
| 2014 | 20.0% | 17.8% | 7.5% |
| 2015 | 24.7% | 25.6% | 9.7% |
| 2016 | 25.8% | 30.3% | 9.9% |
| 2017 | 7.8% | 22.0% | 2.5% |
| 2018 | 67.2% | 50.1% | 12.6% |
| 2019 | 81.1% | 34.7% | 13.1% |
| 2020 | 77.2% | 26.2% | 11.5% |
| 2021 | 88.0% | 21.1% | 9.6% |
| 2022 | 179.0% | 26.1% | 10.1% |
| 2023 | 107.8% | 14.5% | 6.9% |
| 2024 | 69.6% | 11.3% | 4.5% |
| 2025 | 89.1% | 17.0% | 8.5% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 18 Sep 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.