Amgen Inc. logo AMGN - Amgen Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 21
HOLD 12
SELL 3
STRONG
SELL
0
| PRICE TARGET: $361.88 DETAILS
HIGH: $425.00
LOW: $304.00
MEDIAN: $376.00
CONSENSUS: $361.88
UPSIDE: 9.52%
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue 33,424.0 28,190.0 26,323.0 25,979.0 25,424.0 23,362.0 23,747.0 22,849.0 22,991.0 21,662.0
Cost of Revenue 12,858.0 8,415.0 6,406.0 6,454.0 6,159.0 4,356.0 4,101.0 4,069.0 4,162.0 4,227.0
Gross Profit 20,566.0 19,775.0 19,917.0 19,525.0 19,265.0 19,006.0 19,646.0 18,780.0 18,829.0 17,435.0
Operating Expenses
R&D Expenses 5,964.0 4,784.0 4,434.0 6,324.0 4,207.0 4,116.0 3,737.0 3,562.0 3,840.0 4,070.0
SG&A Expenses 7,096.0 6,179.0 5,414.0 5,368.0 5,730.0 5,150.0 5,332.0 4,870.0 5,062.0 4,846.0
Other Expenses 248.0 879.0 503.0 194.0 189.0 66.0 314.0 375.0 133.0 49.0
Operating Expenses 13,308.0 11,842.0 10,351.0 11,886.0 10,126.0 9,332.0 9,383.0 8,807.0 9,035.0 8,965.0
Operating Income
Operating Income 7,258.0 7,897.0 9,566.0 7,639.0 9,139.0 9,674.0 10,263.0 9,973.0 9,794.0 8,470.0
Interest Expense 3,155.0 2,875.0 1,406.0 1,197.0 1,262.0 1,289.0 1,392.0 1,304.0 1,260.0 1,095.0
Interest Income 0.0 0.0 0.0 0.0 0.0 587.0 674.0 928.0 629.0 603.0
Profitability
EBITDA 13,356.0 14,801.0 12,169.0 11,296.0 12,996.0 12,633.0 12,883.0 12,856.0 12,528.0 11,181.0
EBIT 7,764.0 10,730.0 8,752.0 7,898.0 9,395.0 10,427.0 10,937.0 10,901.0 10,423.0 9,073.0
Income Before Tax 4,609.0 7,855.0 7,346.0 6,701.0 8,133.0 9,138.0 9,545.0 9,597.0 9,163.0 7,978.0
Income Tax Expense 519.0 1,138.0 794.0 808.0 869.0 1,296.0 1,151.0 7,618.0 1,441.0 1,039.0
Net Income 4,090.0 6,717.0 6,552.0 5,893.0 7,264.0 7,842.0 8,394.0 1,979.0 7,722.0 6,939.0
Per Share Data
EPS (Basic) 7.62 12.56 12.18 10.34 12.40 12.96 12.70 2.71 10.32 9.15
EPS (Diluted) 7.56 12.49 12.11 10.28 12.31 12.88 12.62 2.69 10.24 9.06
Shares Outstanding 541.0 535.0 538.0 570.0 586.0 605.0 661.0 731.0 748.0 758.0
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Current Assets
Cash & Cash Equivalents 11,973.0 10,944.0 7,629.0 7,989.0 6,266.0 6,037.0 6,945.0 3,800.0 3,241.0 4,144.0
Short-Term Investments 0.0 0.0 1,676.0 48.0 4,381.0 2,874.0 22,359.0 37,878.0 34,844.0 27,238.0
Net Receivables 7,501.0 7,942.0 6,392.0 5,839.0 4,525.0 4,057.0 3,580.0 3,237.0 3,165.0 2,995.0
Inventory 6,998.0 9,518.0 4,930.0 4,086.0 3,893.0 3,584.0 2,940.0 2,834.0 2,745.0 2,435.0
Other Current Assets 419.0 281.0 355.0 200.0 2,079.0 1,888.0 1,794.0 1,727.0 2,015.0 1,703.0
Total Current Assets 29,030.0 30,332.0 22,186.0 19,385.0 21,144.0 18,440.0 37,618.0 49,476.0 46,010.0 38,515.0
Non-Current Assets
Property, Plant & Equipment 6,543.0 5,941.0 5,427.0 5,184.0 4,889.0 4,928.0 4,958.0 4,989.0 4,961.0 4,907.0
Goodwill 18,637.0 18,629.0 15,529.0 14,890.0 14,689.0 14,703.0 14,699.0 14,761.0 14,751.0 14,787.0
Intangible Assets 27,699.0 32,641.0 16,080.0 15,182.0 16,587.0 19,413.0 7,443.0 8,609.0 10,279.0 11,641.0
Long-Term Investments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Non-Current Assets 9,930.0 9,611.0 5,899.0 6,524.0 5,639.0 2,223.0 1,698.0 2,119.0 1,625.0 1,599.0
Total Non-Current Assets 62,809.0 66,822.0 42,935.0 41,780.0 41,804.0 41,267.0 28,798.0 30,478.0 31,616.0 32,934.0
Total Assets 91,839.0 97,154.0 65,121.0 61,165.0 62,948.0 59,707.0 66,416.0 79,954.0 77,626.0 71,576.0
Current Liabilities
Account Payables 1,908.0 1,590.0 1,572.0 1,366.0 1,421.0 1,371.0 1,207.0 1,352.0 917.0 965.0
Short-Term Debt 3,550.0 1,443.0 1,591.0 87.0 91.0 2,953.0 4,419.0 1,152.0 4,403.0 2,247.0
Deferred Revenue 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Current Liabilities 1,329.0 1,381.0 1,099.0 1,623.0 1,572.0 1,545.0 1,536.0 1,271.0 1,357.0 1,306.0
Total Current Liabilities 23,099.0 18,392.0 15,687.0 12,184.0 11,653.0 12,835.0 13,488.0 9,020.0 11,204.0 8,664.0
Non-Current Liabilities
Long-Term Debt 56,549.0 63,170.0 37,354.0 33,222.0 32,895.0 26,950.0 29,510.0 34,190.0 30,193.0 29,182.0
Deferred Tax Liabilities 1,616.0 2,354.0 11.0 0.0 0.0 606.0 864.0 1,166.0 2,436.0 2,239.0
Other Non-Current Liabilities 4,698.0 7,006.0 8,408.0 9,059.0 8,991.0 9,643.0 10,054.0 10,337.0 3,918.0 3,281.0
Total Non-Current Liabilities 62,863.0 72,530.0 45,773.0 42,281.0 41,886.0 37,199.0 40,428.0 45,693.0 36,547.0 34,702.0
Total Liabilities 85,962.0 90,922.0 61,460.0 54,465.0 53,539.0 50,034.0 53,916.0 54,713.0 47,751.0 43,366.0
Stockholders' Equity
Common Stock 33,533.0 33,070.0 32,514.0 32,096.0 31,802.0 31,531.0 31,246.0 30,992.0 30,784.0 30,649.0
Retained Earnings (27,590.0) (26,549.0) (28,622.0) (24,600.0) (21,408.0) (21,330.0) (17,977.0) (5,072.0) (438.0) (2,086.0)
Accumulated Other Comprehensive Income (66.0) (289.0) (231.0) (796.0) (985.0) (528.0) (769.0) (679.0) (471.0) (480.0)
Total Stockholders' Equity 5,877.0 6,232.0 3,661.0 6,700.0 9,409.0 9,673.0 12,500.0 25,241.0 29,875.0 28,083.0
Total Liabilities & Equity 91,839.0 97,154.0 65,121.0 61,165.0 62,948.0 59,707.0 66,416.0 79,954.0 77,626.0 71,449.0
Debt Metrics
Total Debt 60,099.0 64,613.0 38,945.0 33,309.0 32,986.0 29,903.0 33,929.0 35,342.0 34,596.0 31,429.0
Net Debt 48,126.0 53,669.0 31,316.0 25,320.0 26,720.0 23,866.0 26,984.0 31,542.0 31,355.0 27,285.0
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Operating Activities
Net Income 4,090.0 6,717.0 6,552.0 5,893.0 7,264.0 7,842.0 8,394.0 1,979.0 7,722.0 6,939.0
Depreciation & Amortization 5,592.0 4,071.0 3,417.0 3,398.0 3,601.0 2,206.0 1,946.0 1,955.0 2,105.0 2,108.0
Stock-Based Compensation 530.0 431.0 401.0 341.0 330.0 308.0 311.0 329.0 311.0 322.0
Change in Working Capital 2,365.0 (484.0) (733.0) (1,194.0) (216.0) (731.0) 622.0 7,910.0 1.0 714.0
Other Non-Cash Items 141.0 (991.0) 1,282.0 1,276.0 (195.0) (186.0) 386.0 334.0 32.0 (399.0)
Operating Cash Flow 11,490.0 8,471.0 9,721.0 9,261.0 10,497.0 9,150.0 11,296.0 11,177.0 10,354.0 9,077.0
Investing Activities
Capital Expenditure (1,096.0) (1,112.0) (936.0) (880.0) (608.0) (618.0) (738.0) (664.0) (837.0) (649.0)
Acquisitions 0.0 (26,989.0) (3,727.0) (2,686.0) (3,219.0) (13,617.0) 195.0 (19.0) (21.0) (359.0)
Purchases of Investments 0.0 (1.0) (2,587.0) (8,900.0) (8,477.0) (9,394.0) (18,741.0) (33,607.0) (28,094.0) (25,977.0)
Sales/Maturities of Investments 0.0 1,673.0 1,218.0 13,234.0 6,978.0 29,390.0 33,768.0 30,414.0 20,417.0 21,556.0
Other Investing Activities 50.0 225.0 (12.0) (35.0) (75.0) (52.0) (145.0) (148.0) (123.0) (118.0)
Investing Cash Flow (1,046.0) (26,204.0) (6,044.0) 733.0 (5,401.0) 5,709.0 14,339.0 (4,024.0) (8,658.0) (5,547.0)
Financing Activities
Net Debt Issuance (4,259.0) 25,676.0 6,622.0 795.0 2,464.0 (4,514.0) (1,121.0) 71.0 3,593.0 1,065.0
Stock Repurchased (200.0) 0.0 (6,360.0) (4,975.0) (3,486.0) (7,702.0) (17,794.0) (3,160.0) (2,965.0) (1,867.0)
Dividends Paid (4,832.0) (4,556.0) (4,196.0) (4,013.0) (3,755.0) (3,509.0) (3,507.0) (3,365.0) (2,998.0) (2,396.0)
Other Financing Activities (124.0) (72.0) (103.0) (78.0) (90.0) (42.0) (68.0) (140.0) (229.0) (172.0)
Financing Cash Flow (9,415.0) 21,048.0 (4,037.0) (8,271.0) (4,867.0) (15,767.0) (22,490.0) (6,594.0) (2,599.0) (3,117.0)
Cash Position
Net Change in Cash 1,029.0 3,315.0 (360.0) 1,723.0 229.0 (908.0) 3,145.0 559.0 (903.0) 413.0
Cash at Beginning 10,944.0 7,629.0 7,989.0 6,266.0 6,037.0 6,945.0 3,800.0 3,241.0 4,144.0 3,731.0
Cash at End 11,973.0 10,944.0 7,629.0 7,989.0 6,266.0 6,037.0 6,945.0 3,800.0 3,241.0 4,144.0
Free Cash Flow 10,394.0 7,359.0 8,785.0 8,381.0 9,889.0 8,532.0 10,558.0 10,513.0 9,517.0 8,428.0
Key Metrics 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Income Statement
Revenue 33,424.0 28,190.0 26,323.0 25,979.0 25,424.0 23,362.0 23,747.0 22,849.0 22,991.0 21,662.0
Gross Profit 20,566.0 19,775.0 19,917.0 19,525.0 19,265.0 19,006.0 19,646.0 18,780.0 18,829.0 17,435.0
Operating Income 7,258.0 7,897.0 9,566.0 7,639.0 9,139.0 9,674.0 10,263.0 9,973.0 9,794.0 8,470.0
Net Income 4,090.0 6,717.0 6,552.0 5,893.0 7,264.0 7,842.0 8,394.0 1,979.0 7,722.0 6,939.0
EPS (Diluted) 7.56 12.49 12.11 10.28 12.31 12.88 12.62 2.69 10.24 9.06
Balance Sheet
Cash & Equivalents 11,973.0 10,944.0 7,629.0 7,989.0 6,266.0 6,037.0 6,945.0 3,800.0 3,241.0 4,144.0
Total Assets 91,839.0 97,154.0 65,121.0 61,165.0 62,948.0 59,707.0 66,416.0 79,954.0 77,626.0 71,576.0
Total Debt 60,099.0 64,613.0 38,945.0 33,309.0 32,986.0 29,903.0 33,929.0 35,342.0 34,596.0 31,429.0
Stockholders' Equity 5,877.0 6,232.0 3,661.0 6,700.0 9,409.0 9,673.0 12,500.0 25,241.0 29,875.0 28,083.0
Cash Flow
Operating Cash Flow 11,490.0 8,471.0 9,721.0 9,261.0 10,497.0 9,150.0 11,296.0 11,177.0 10,354.0 9,077.0
Capital Expenditure (1,096.0) (1,112.0) (936.0) (880.0) (608.0) (618.0) (738.0) (664.0) (837.0) (649.0)
Free Cash Flow 10,394.0 7,359.0 8,785.0 8,381.0 9,889.0 8,532.0 10,558.0 10,513.0 9,517.0 8,428.0