Amgen (AMGN) Change in Acquisitions & Divestments (2009 - 2023)

Amgen (AMGN) posted quarterly Change in Acquisitions & Divestments of -$575.0 million for Q3 2023, down 1123.4% year-over-year from $56.2 million in Q3 2022, and down 57600.0% on a QoQ basis from $1.0 million in Q2 2023.

Amgen (AMGN) Change in Acquisitions & Divestments (2009 - 2023) Analysis & Trends

Amgen (AMGN) has reported Change in Acquisitions & Divestments for 15 consecutive years, with -$575.0 million the latest figure, recorded in Q3 2023.

  • In Q3 2023, Change in Acquisitions & Divestments fell 1123.4% year-over-year to -$575.0 million; the TTM figure through Jun 2024 stood at -$575.0 million (down 126.16% YoY), while the FY2023 annual figure was $550.0 million, down 50.89% from the prior year.
  • Change in Acquisitions & Divestments came in at -$575.0 million for Q3 2023 at Amgen, down from $1.0 million in the prior quarter.
  • The five-year high for Change in Acquisitions & Divestments was $18.2 billion in Q3 2019, with the low at -$9.6 billion in Q4 2019.
  • Average Change in Acquisitions & Divestments over 5 years is $1.3 billion, with a median of $904.0 million recorded in 2021.
  • The largest YoY upside for Change in Acquisitions & Divestments was 1959.2% in 2020 against a maximum downside of 2639.13% in 2020.
  • Year by year, Change in Acquisitions & Divestments stood at -$9.6 billion in 2019, then surged by 124.58% to $2.4 billion in 2020, then slumped by 61.68% to $904.0 million in 2021, then increased by 23.89% to $1.1 billion in 2022, then slumped by 151.34% to -$575.0 million in 2023.
  • According to Business Quant data, Change in Acquisitions & Divestments over the past three periods registered -$575.0 million, $1.0 million, and $1.1 billion for Q3 2023, Q2 2023, and Q1 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn
9 Novartis Ag 113.45 Bn 113.67 Bn -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn

Historic Data

Download Data
DateValue
Sep 30, 2023 -575.00 Mn
Sep 30, 2023 -575.00 Mn
Jun 30, 2023 1.00 Mn
Jun 30, 2023 1.00 Mn
Mar 31, 2023 1.12 Bn
Mar 31, 2023 1.12 Bn
Dec 31, 2022 1.12 Bn
Dec 31, 2022 1.12 Bn
Sep 30, 2022 -47.00 Mn
Sep 30, 2022 -47.00 Mn
Jun 30, 2022 47.00 Mn
Jun 30, 2022 47.00 Mn
Dec 31, 2021 904.00 Mn
Dec 31, 2021 904.00 Mn
Sep 30, 2021 1.40 Bn
Sep 30, 2021 1.40 Bn
Jun 30, 2021 2.53 Bn
Jun 30, 2021 2.53 Bn
Mar 31, 2021 4.00 Bn
Mar 31, 2021 4.00 Bn