Amgen (AMGN) Enterprise Value (2009 - 2026)

Amgen (AMGN) posted quarterly Enterprise Value of -$12.0 billion for Q1 2026, down 36.64% year-over-year from -$19.0 billion in Q1 2025, and down 31.87% on a QoQ basis from -$9.1 billion in Q4 2025.

Amgen (AMGN) Enterprise Value (2009 - 2026) Analysis & Trends

Amgen (AMGN) has reported Enterprise Value for 18 consecutive years, with -$12.0 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Enterprise Value fell 36.64% year-over-year to -$12.0 billion; the TTM figure through Mar 2026 stood at -$12.0 billion (down 36.64% YoY), while the FY2025 annual figure was -$9.1 billion, up 23.75% from the prior year.
  • Enterprise Value came in at -$12.0 billion for Q1 2026 at Amgen, down from -$9.1 billion in the prior quarter.
  • The five-year high for Enterprise Value was -$6.5 billion in Q1 2022, with the low at -$34.7 billion in Q3 2023.
  • Average Enterprise Value over 5 years is -$13.7 billion, with a median of -$9.4 billion recorded in 2025.
  • Across the five-year window, Enterprise Value tumbled 382.29% in 2023 and surged 74.06% in 2024, its largest moves.
  • Year by year, Enterprise Value stood at -$9.3 billion in 2022, then fell by 17.61% to -$10.9 billion in 2023, then fell by 9.4% to -$12.0 billion in 2024, then advanced by 23.75% to -$9.1 billion in 2025, then plunged by 31.87% to -$12.0 billion in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$12.0 billion, -$9.1 billion, and -$9.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn -5.28 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn -22.05 Bn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn -9.35 Bn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn -7.89 Bn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -5.65 Bn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn -12.04 Bn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn -7.73 Bn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn -12.77 Bn
9 Novartis Ag 113.45 Bn 113.67 Bn - 315.00 Mn
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn -4.28 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -12.04 Bn
Dec 31, 2025 -9.13 Bn
Sep 30, 2025 -9.45 Bn
Jun 30, 2025 -8.03 Bn
Mar 31, 2025 -8.81 Bn
Dec 31, 2024 -11.97 Bn
Sep 30, 2024 -9.01 Bn
Jun 30, 2024 -9.30 Bn
Mar 31, 2024 -9.71 Bn
Dec 31, 2023 -10.94 Bn
Sep 30, 2023 -34.74 Bn
Jun 30, 2023 -34.25 Bn
Mar 31, 2023 -31.56 Bn
Dec 31, 2022 -9.31 Bn
Sep 30, 2022 -11.48 Bn
Jun 30, 2022 -7.18 Bn
Mar 31, 2022 -6.54 Bn
Dec 31, 2021 -8.04 Bn
Sep 30, 2021 -12.92 Bn
Jun 30, 2021 -8.08 Bn