Amgen (AMGN) Debt Ratio (2009 - 2026)
Amgen's (AMGN) Debt Ratio was 0.60 for Q2 2026, down 6.3% from 0.64 a year earlier and down 3.3% from the prior quarter.
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Analysis
Amgen (AMGN) Debt Ratio (2009 - 2026) Analysis & Trends
Dating back to Q2 2009, Amgen's Debt Ratio record includes 61 quarters.
- By year, Debt Ratio came in at 0.65 in FY2024 (-1.6%), 0.67 in FY2023 (+11.2%), 0.60 in FY2022 (+9.8%) and 0.54 in FY2021 (+3.9%).
- The Q2 2026 figure ranks as the lowest quarterly Debt Ratio since Q4 2022.
- Year over year, Debt Ratio has now declined in each of the last eight quarters, with an average decline of 5.3% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q1 2022 (growth of 19.1%); the low point was Q3 2025 (a decline of 8.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.62 (Q1 2026), 0.60 (Q4 2025) and 0.61 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,230.11 Bn | 1,198.70 Bn | 19.71 Bn | 0.39 |
| 2 | Johnson & Johnson | 644.39 Bn | 564.25 Bn | 17.30 Bn | 0.23 |
| 3 | AbbVie | 503.52 Bn | 476.68 Bn | 12.70 Bn | 0.52 |
| 4 | Merck | 363.29 Bn | 317.72 Bn | 12.21 Bn | 0.42 |
| 5 | Novartis Ag | 298.23 Bn | 262.62 Bn | 11.24 Bn | 0.08 |
| 6 | Astrazeneca | 267.53 Bn | 241.29 Bn | 12.86 Bn | 0.28 |
| 7 | Amgen | 241.80 Bn | 197.20 Bn | 7.24 Bn | 0.60 |
| 8 | Gilead Sciences | 195.07 Bn | 169.19 Bn | 6.22 Bn | 0.53 |
| 9 | Pfizer | 173.33 Bn | 120.28 Bn | 10.94 Bn | 0.31 |
| 10 | Vertex Pharmaceuticals | 135.58 Bn | 107.59 Bn | 2.84 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.60 |
| Mar 31, 2026 | 0.62 |
| Dec 31, 2025 | 0.60 |
| Sep 30, 2025 | 0.61 |
| Jun 30, 2025 | 0.64 |
| Mar 31, 2025 | 0.64 |
| Dec 31, 2024 | 0.65 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | 0.69 |
| Mar 31, 2024 | 0.69 |
| Dec 31, 2023 | 0.67 |
| Sep 30, 2023 | 0.67 |
| Jun 30, 2023 | 0.68 |
| Mar 31, 2023 | 0.69 |
| Dec 31, 2022 | 0.60 |
| Sep 30, 2022 | 0.61 |
| Jun 30, 2022 | 0.62 |
| Mar 31, 2022 | 0.62 |
| Dec 31, 2021 | 0.54 |
| Sep 30, 2021 | 0.58 |
API Access
Amgen Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=AMGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "AMGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=AMGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();