Amgen (AMGN) FCF Margin (2009 - 2026)
Amgen (AMGN) recorded quarterly FCF Margin of 17.14% in Q1 2026, up 75.95% quarter-over-quarter from 9.74% in Q4 2025, and up 511.0% on a YoY basis from 2.8% in Q1 2025.
Amgen (AMGN) FCF Margin (2009 - 2026) Analysis & Trends
Amgen's FCF Margin history runs 18 years deep, the most recent figure standing at 17.14% for 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 was 17.14% for Q1 2026 at Amgen, up from 9.74% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 503.05% in Q4 2022 to a low of 3.53% in Q4 2023.
- Historically, FCF Margin has averaged 54.91% across 5 years, with a median of 26.48% in 2024.
- The sharpest annual moves came in 2022 and 2023: FCF Margin jumped 46623 bps in 2022, then plunged 49952 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 503.05% in 2022, then sank by 99 bps to 3.53% in 2023, then soared by 1273 bps to 48.43% in 2024, then plunged by 80 bps to 9.74% in 2025, then soared by 76 bps to 17.14% in 2026.
- The last three FCF Margin figures came in at 17.14% (Q1 2026), 9.74% (Q4 2025), and 44.45% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | 20.59% |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 15.19% |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 6.09% |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 23.76% |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | 17.97% |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 17.14% |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 34.87% |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 93.16% |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 6.59% |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | - |
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% |