AMGN vs ROIV vs BIIB Stock Comparison

Amgen, Roivant Sciences and Biogen Prices as of Nov 4, 2026 Peers: Industry group
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AMGN Amgen Inc
$478.48 +18.7% 1M +61.3% 1Y
Market cap
$258.20B
P/E
29.5x
Revenue (TTM)
$38.10B
Div. yield
0.02%
Biotechnology Healthcare
8 wins
ROIV Roivant Sciences Ltd.
$38.23 +6.8% 1M +92.4% 1Y
Market cap
$26.87B
P/E
–
Revenue (TTM)
$7.53M
Div. yield
–
Biotechnology Healthcare
2 wins
BIIB Biogen Inc.
$254.46 +13.8% 1M +70.4% 1Y
Market cap
$37.59B
P/E
108.2x
Revenue (TTM)
$10.30B
Div. yield
–
Biotechnology Healthcare
1 win

Head to Head

11 decided of 12

Amgen leads on 8 of the 12 questions below (Amgen 8, Roivant Sciences 2, Biogen 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMGNROIVBIIBLeader
Larger companyMarket capitalisation $258.20B $26.87B $37.59B AMGN
Cheaper on earningsLower P/E, profitable companies only 29.5x -100.9x 108.2x AMGN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.9x — 19.9x BIIB
Faster revenue growthRevenue growth, trailing twelve months +9.1% -67.6% +2.3% AMGN
More profitableNet margin, trailing twelve months 23.0% -3,535.0% 3.4% AMGN
Better return on capitalReturn on invested capital 14.3% — 1.3% AMGN
Less leveragedLower net debt / EBITDA 2.7x — 4.5x AMGN
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +61.3% +92.4% +70.4% ROIV
Better 5-year returnAnnualised price return, 5 years +17.5%/yr +37.7%/yr -1.8%/yr ROIV
Less volatileAnnualised volatility, 1 year 29.9% 45.4% 34.2% AMGN
Higher overall scoreMean of the five percentile scores vs peers 66/100 65/100 59/100 AMGN

Percentile Scorecard

AMGNROIVBIIB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMGNROIVBIIB
Valuation 85 #99 of 634 65 #224 of 634 91 #56 of 634
Growth 61 #238 of 607 49 #313 of 607 25 #456 of 607
Profitability 95 #31 of 557 30 #392 of 557 87 #75 of 557
Financial Health 22 #511 of 654 93 #45 of 654 33 #437 of 654
Shareholder Returns 66 #136 of 400 91 #38 of 400 –
Overall 66 65 59
  • AMGN ranked among 671 companies in Pharmaceuticals and Biotechnology
  • ROIV ranked among 671 companies in Pharmaceuticals and Biotechnology
  • BIIB ranked among 671 companies in Pharmaceuticals and Biotechnology

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMGNROIVBIIBSPY
1 month +18.7%+6.8%+13.8% -1.0%
3 months +17.3%+10.5%+23.1% -0.4%
6 months +44.5%+32.7%+33.4% +4.5%
Year to date +46.2%+76.2%+44.6% +12.4%
1 year +61.3%+92.4%+70.4% +13.6%
3 years +77.3%+312.0%+2.0% +76.4%
3 years, per year +21.1%+60.4%+0.7% +20.8%
5 years +123.8%+393.9%-8.7% +63.7%
5 years, per year +17.5%+37.7%-1.8% +10.4%
10 years +253.4%—-8.1% +267.7%
10 years, per year +13.5%—-0.8% +13.9%

Risk

MeasureAMGNROIVBIIBSPY
Volatility, 1Y 29.9%45.4%34.2% 12.8%
Downside volatility, 1Y 27.9%32.6%32.7% 12.7%
Beta vs S&P 500, 1Y 0.461.080.25 1.00
Return / volatility, 1Y 2.052.042.06 1.06
Max drawdown, 5Y -26.7%-79.2%-64.4% -25.4%
From 52-week high 0.0%-8.6%0.0% -1.6%
52-week high $478.48$41.81$254.46 $779.14
52-week low $296.70$19.87$149.33 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMGNROIVBIIB
P/E now vs peer median 29.6xmedian 18.0x -103.5xmedian 18.0x 108.2xmedian 18.0x
P/S now vs peer median 6.8xmedian 9.1x 3,668xmedian 9.1x 3.7xmedian 9.1x
EV/EBITDA now vs peer median 18.8xmedian 16.2x -40.1xmedian 16.2x 32.9xmedian 16.2x
P/FCF now vs peer median 25.4xmedian 21.7x -33.6xmedian 21.7x 18.2xmedian 21.7x
P/B now vs peer median 22.1xmedian 2.2x 5.6xmedian 2.2x 2.0xmedian 2.2x
PEG now vs peer median 11.15median 0.38 -3.06median 0.38 -2.81median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMGNROIVBIIB
Revenue $38.10B $7.53M $10.30B
Gross profit $26.48B $6.12M $7.62B
Operating income $11.43B -$596.14M $445.10M
Net income $8.74B -$414.60M $347.50M
Free cash flow $10.18B -$821.06M $2.07B
R&D $7.63B $730.91M $2.15B
EPS (diluted) $16.07 $-0.37 $2.35
Cash & equivalents $13.99B $1.25B $1.30B
Total debt $57.30B – $7.29B
Shares (diluted) 544.00M 720.78M 147.80M
Enterprise value $213.60B $9.82B $26.91B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMGNROIVBIIB
P/E 29.6x -103.5x 108.2x
P/FCF 25.4x -33.6x 18.2x
P/Operating cash flow 20.7x -33.8x 16.7x
P/S 6.8x 3,668x 3.7x
P/B 22.1x 5.6x 2.0x
P/Tangible book -29.4x 5.6x 6.8x
EV/EBITDA 18.8x -40.1x 32.9x
EV/EBIT 26.4x -39.9x 98.0x
EV/Revenue 7.9x 3,158x 4.2x
EV/FCF 29.7x -29.0x 21.1x
EV/Operating cash flow 24.2x -29.1x 19.4x
PEG (3Y EPS CAGR) 11.15 -3.06 -2.81

Growth

14 metrics
MetricAMGNROIVBIIB
Revenue growth (1Y) 9.1% -67.6% 2.3%
Revenue CAGR (3Y) 12.7% -46.4% 1.0%
Gross profit growth (1Y) 17.6% -72.7% 0.6%
Gross profit CAGR (3Y) 10.3% -47.9% 0.5%
Operating income growth (1Y) 39.5% 49.7% -76.6%
Operating income CAGR (3Y) 6.4% 12.9% -34.8%
Net income growth (1Y) 32.1% 34.9% -78.4%
Net income CAGR (3Y) 3.1% 26.5% -38.1%
EPS growth (1Y) 31.4% 48.8% -78.5%
EPS CAGR (3Y) 2.7% 33.9% -38.5%
Operating cash flow growth (1Y) 3.9% 4.1% -8.4%
Operating cash flow CAGR (3Y) 4.9% 1.0% 18.2%
Free cash flow growth (1Y) -4.1% 4.4% -10.1%
Free cash flow CAGR (3Y) 1.7% 1.0% 24.9%

Profitability

14 metrics
MetricAMGNROIVBIIB
Gross margin 69.5% 81.2% 74.0%
EBITDA margin 42.2% -7,877% 12.9%
Operating margin 30.0% -7,915% 4.3%
Pretax margin 27.0% -3,849% 4.3%
Net margin 23.0% -3,535% 3.4%
FCF margin 26.7% -10,901% 20.1%
Operating cash flow margin 32.8% -10,840% 21.8%
Return on equity 83.8% -8.1% 1.8%
Return on assets 9.3% -7.5% 1.1%
Return on invested capital 14.3% – 1.3%
Return on capital employed 16.7% -11.4% 1.6%
Asset turnover 0.4x 0.0x 0.3x
Cash conversion (OCF / net income) 1.4x 2.0x 6.5x
Stock comp / revenue 1.3% 4,611% 2.9%

Financial Health

11 metrics
MetricAMGNROIVBIIB
Debt / assets 59.9% – 22.7%
Debt / equity 4.9x – 0.4x
Net debt / EBITDA 2.7x – 4.5x
Debt / FCF 5.6x – 3.5x
Liabilities / assets 87.8% 7.2% 41.0%
Equity / assets 12.2% 92.8% 59.0%
Interest coverage 4.3x – –
Current ratio 1.4x 16.7x 1.9x
Quick ratio 0.9x 13.5x 0.9x
Cash ratio 0.5x 13.5x 0.3x
Altman Z-score 2.43 43.50 3.14

Shareholder Returns

7 metrics
MetricAMGNROIVBIIB
Dividend yield 2.1% – –
Net buyback yield – 0.0% –
Shareholder yield 2.1% 0.0% –
Payout ratio (earnings) 60.4% – –
Payout ratio (FCF) 51.9% – –
Dividend growth (1Y) 6.3% – –
Dividend CAGR (3Y) 6.7% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMGNROIVBIIB
Forward P/E 21.9xFY2026 – 19.9xFY2026
EPS, next fiscal year $21.81FY2026 $-1.43FY2026 $12.81FY2026
EPS growth, next FY -0.1%FY2026 – -16.2%FY2026
EPS growth, the year after +7.2% – +36.5%
Revenue, next fiscal year $41.51BFY2026 $55.64MFY2026 $9.96BFY2026
Revenue growth, next FY +12.9%FY2026 +573.6%FY2026 +0.7%FY2026
Revenue growth, the year after +2.3% +681.6% +11.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMGNROIVBIIB
Held by institutions 82.7% 77.0% 96.4%
Institutions holding 3,163 500 1,038
Change in shares held, QoQ +4.5% +5.1% +6.0%
Institutions buying 1,452 304 550
Institutions selling 1,219 138 294
Buyers to sellers 1.19 2.20 1.87

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMGNROIVBIIB
AMGN 1.00 0.08 0.49
ROIV 0.08 1.00 0.09
BIIB 0.49 0.09 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, AMGN, ROIV and BIIB?

Amgen (AMGN) is the largest by market capitalisation: Amgen (AMGN) $258.20B, Roivant Sciences (ROIV) $26.87B, Biogen (BIIB) $37.59B.

Which stock is cheaper, AMGN, ROIV and BIIB?

Amgen (AMGN) trades on the lowest price-to-earnings ratio (Amgen (AMGN) 29.5x, Roivant Sciences (ROIV) -100.9x, Biogen (BIIB) 108.2x). On next year's consensus earnings, Biogen (BIIB) is cheapest (Amgen (AMGN) 21.9x, Biogen (BIIB) 19.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Amgen (AMGN) grew revenue fastest over the trailing twelve months: Amgen (AMGN) +9.1%, Roivant Sciences (ROIV) -67.6%, Biogen (BIIB) +2.3%.

Which company is more profitable?

Amgen (AMGN) has the highest net margin (Amgen (AMGN) 23.0%, Roivant Sciences (ROIV) -3,535.0%, Biogen (BIIB) 3.4%). On return on invested capital, Amgen (AMGN) leads (Amgen (AMGN) 14.3%, Biogen (BIIB) 1.3%).

Which stock has performed better?

Over the past year Roivant Sciences (ROIV) returned the most: Amgen (AMGN) +61.3%, Roivant Sciences (ROIV) +92.4%, Biogen (BIIB) +70.4%. Over five years, Roivant Sciences (ROIV) compounded fastest (Amgen (AMGN) +17.5%/yr, Roivant Sciences (ROIV) +37.7%/yr, Biogen (BIIB) -1.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Amgen (AMGN) 0.02%, Roivant Sciences (ROIV) 0.00%, Biogen (BIIB) 0.00%. Roivant Sciences (ROIV) and Biogen (BIIB) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Amgen (AMGN) has been the steadiest (Amgen (AMGN) 29.9%, Roivant Sciences (ROIV) 45.4%, Biogen (BIIB) 34.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMGN, ROIV and BIIB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Amgen (AMGN) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.