Amgen (AMGN) FCF Margin (2009 - 2026)
Amgen (AMGN) posted quarterly FCF Margin of 17.14% for Q1 2026, up 511.0% year-over-year from 2.8% in Q1 2025, and up 75.95% on a QoQ basis from 9.74% in Q4 2025.
Amgen (AMGN) FCF Margin (2009 - 2026) Analysis & Trends
Amgen (AMGN) has reported FCF Margin for 18 consecutive years, with 17.14% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin rose 511.0% year-over-year to 17.14%; the TTM figure through Mar 2026 stood at 23.1% (down 889.0% YoY), while the FY2025 annual figure was 22.04%, down 906.0% from the prior year.
- FCF Margin came in at 17.14% for Q1 2026 at Amgen, up from 9.74% in the prior quarter.
- The five-year high for FCF Margin was 503.05% in Q4 2022, with the low at 3.53% in Q4 2023.
- Average FCF Margin over 5 years is 54.91%, with a median of 26.48% recorded in 2024.
- Across the five-year window, FCF Margin jumped 46623 bps in 2022 and sank 49952 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 503.05% in 2022, then slumped by 99 bps to 3.53% in 2023, then soared by 1273 bps to 48.43% in 2024, then sank by 80 bps to 9.74% in 2025, then soared by 76 bps to 17.14% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 17.14%, 9.74%, and 44.45% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 15.19% |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 6.09% |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 23.76% |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 3.80% |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 17.97% |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 17.14% |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 34.87% |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 93.16% |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 23.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.14% |
| Dec 31, 2025 | 9.74% |
| Sep 30, 2025 | 44.45% |
| Jun 30, 2025 | 20.82% |
| Mar 31, 2025 | 12.03% |
| Dec 31, 2024 | 48.43% |
| Sep 30, 2024 | 38.97% |
| Jun 30, 2024 | 26.48% |
| Mar 31, 2024 | 6.16% |
| Dec 31, 2023 | 3.53% |
| Sep 30, 2023 | 36.39% |
| Jun 30, 2023 | 54.94% |
| Mar 31, 2023 | 11.79% |
| Dec 31, 2022 | 503.05% |
| Sep 30, 2022 | 42.36% |
| Jun 30, 2022 | 25.54% |
| Mar 31, 2022 | 31.64% |
| Dec 31, 2021 | 36.82% |
| Sep 30, 2021 | 32.45% |
| Jun 30, 2021 | 26.75% |