Amgen (AMGN) EV to EBITDA (2009 - 2026)
Amgen's EV to EBITDA was 11.30 in Q2 2026, up 8.9% from 10.37 a year earlier but down 1.8% from the prior quarter.
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Analysis
Amgen (AMGN) EV to EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Amgen's EV to EBITDA was 9.39 through Jun 30, 2026, up 14.5% year-over-year; for FY2025, it was 11.74, up 17.9% from FY2024.
- In earlier years, EV to EBITDA was 9.96 in FY2024 (-16.8%), 11.97 in FY2023 (+18.7%), 10.09 in FY2022 (-5.3%) and 10.65 in FY2021 (+10.9%).
- Quarterly EV to EBITDA has moved between 6.48 (Q2 2023) and 14.07 (Q2 2024) over five years.
- Compared with a year earlier, EV to EBITDA was higher in three of the last eight quarters, with growth averaging 1.0%.
- The best year-over-year quarter for EV to EBITDA over five years was Q2 2024 (growth of 117.1%); the worst was Q2 2023 (a decline of 32.9%).
- Per Business Quant data, AMGN's EV to EBITDA in the three quarters before Q2 2026 was 11.50 (Q1 2026), 11.74 (Q4 2025) and 10.11 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 653.54 Bn | 572.07 Bn | 17.26 Bn |
| 2 | AbbVie | 467.01 Bn | 440.17 Bn | 12.70 Bn |
| 3 | Merck | 367.16 Bn | 321.59 Bn | 12.21 Bn |
| 4 | Novartis Ag | 277.56 Bn | 233.43 Bn | 11.24 Bn |
| 5 | Astrazeneca | 258.23 Bn | 231.79 Bn | 12.86 Bn |
| 6 | Amgen | 224.14 Bn | 179.54 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 187.30 Bn | 161.42 Bn | 6.22 Bn |
| 8 | Pfizer | 163.47 Bn | 110.41 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.31 Bn | 105.31 Bn | 2.84 Bn |
| 10 | Bristol Myers Squibb | 128.45 Bn | 79.72 Bn | 9.25 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.30 |
| Mar 31, 2026 | 11.50 |
| Dec 31, 2025 | 11.74 |
| Sep 30, 2025 | 10.11 |
| Jun 30, 2025 | 10.37 |
| Mar 31, 2025 | 12.19 |
| Dec 31, 2024 | 9.96 |
| Sep 30, 2024 | 13.92 |
| Jun 30, 2024 | 14.07 |
| Mar 31, 2024 | 12.38 |
| Dec 31, 2023 | 11.97 |
| Sep 30, 2023 | 8.76 |
| Jun 30, 2023 | 6.48 |
| Mar 31, 2023 | 7.83 |
| Dec 31, 2022 | 10.09 |
| Sep 30, 2022 | 8.37 |
| Jun 30, 2022 | 9.66 |
| Mar 31, 2022 | 10.75 |
| Dec 31, 2021 | 10.65 |
| Sep 30, 2021 | 9.96 |
API Access
Amgen EV to EBITDA 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=ev-to-ebitda&ticker=AMGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=AMGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();