Amgen (AMGN) Enterprise Value (2009 - 2026)
Amgen (AMGN) reported Enterprise Value of $181.77 billion for Q2 2026, up 27.8% from $142.27 billion a year earlier and up 2.2% from the prior quarter.
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Analysis
Amgen (AMGN) Enterprise Value (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Amgen's Enterprise Value came in at $151.16 billion, up 34.4% year-over-year; for FY2025, it came in at $167.23 billion, up 30.7% from FY2024.
- Enterprise Value has a five-year compound annual growth rate of 6.5% (FY2020 to FY2025).
- By year, Enterprise Value came in at $127.96 billion in FY2024 (-10.7%), $143.26 billion in FY2023 (+9.4%), $130.94 billion in FY2022 (+11.4%) and $117.56 billion in FY2021 (-3.9%).
- The Q2 2026 figure ranks as the highest quarterly Enterprise Value in data going back to Q1 2009.
- Year over year, Enterprise Value has now increased in each of the last three quarters, with growth averaging 12.3% over the last eight quarters.
- The high point for year-over-year Enterprise Value in five years was Q2 2024 (growth of 87.6%); the low point was Q2 2023 (a decline of 31.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $177.86 billion (Q1 2026), $167.23 billion (Q4 2025) and $142.52 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn |
| 10 | Bristol Myers Squibb | 127.55 Bn | 78.82 Bn | 9.25 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 181.77 Bn |
| Mar 31, 2026 | 177.86 Bn |
| Dec 31, 2025 | 167.23 Bn |
| Sep 30, 2025 | 142.52 Bn |
| Jun 30, 2025 | 142.27 Bn |
| Mar 31, 2025 | 158.71 Bn |
| Dec 31, 2024 | 127.96 Bn |
| Sep 30, 2024 | 164.18 Bn |
| Jun 30, 2024 | 158.55 Bn |
| Mar 31, 2024 | 142.80 Bn |
| Dec 31, 2023 | 143.26 Bn |
| Sep 30, 2023 | 109.07 Bn |
| Jun 30, 2023 | 84.51 Bn |
| Mar 31, 2023 | 97.57 Bn |
| Dec 31, 2022 | 130.94 Bn |
| Sep 30, 2022 | 108.77 Bn |
| Jun 30, 2022 | 122.96 Bn |
| Mar 31, 2022 | 122.64 Bn |
| Dec 31, 2021 | 117.56 Bn |
| Sep 30, 2021 | 107.23 Bn |
API Access
Amgen Enterprise Value 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=enterprise-value&ticker=AMGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=AMGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();