Amgen AMGN
NASDAQ AMGN
$391.28 -1.89 (-0.48%)
As of: Sep 9, 2026 · 3:59 PM EDT

Amgen (AMGN) FCF Margin (2009 - 2026)

Amgen (AMGN) posted FCF Margin of 34.7% for Q2 2026, up 102.48% on a QoQ basis from 17.14% in Q1 2026, and up 1388.0% year-over-year from 2.33% in Q2 2025.

Analysis

Amgen (AMGN) FCF Margin (2009 - 2026) Analysis & Trends

Amgen has reported FCF Margin for 18 years, with the latest figure at 34.7% in Q2 2026.

  • On a quarterly basis, FCF Margin rose 1388.0% year-over-year to 34.7% in Q2 2026; TTM through Jun 2026 was 26.71%, a 366.0% decrease from a year earlier, with the FY2025 full-year figure at 22.04%, down 906.0% from the prior year.
  • FCF Margin was 34.7% for Q2 2026 at Amgen, up from 17.14% 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 53.79%, with a median of 29.06% recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin surged 46623 bps in 2022, then tumbled 49952 bps in 2023.
  • Over 5 years, FCF Margin stood at 503.05% in 2022, then plunged by 99 bps to 3.53% in 2023, then jumped by 1273 bps to 48.43% in 2024, then tumbled by 80 bps to 9.74% in 2025, then soared by 256 bps to 34.7% in 2026.
  • The last three FCF Margin figures came in at 34.7% (Q2 2026), 17.14% (Q1 2026), and 9.74% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Amgen 236.37 Bn 222.38 Bn 7.24 Bn 34.70%
2 Gilead Sciences 187.38 Bn 184.12 Bn 6.22 Bn 44.00%
3 Vertex Pharmaceuticals 138.36 Bn 130.51 Bn 2.84 Bn 30.39%
4 Regeneron Pharmaceuticals 85.09 Bn 77.10 Bn 3.93 Bn 13.35%
5 Argenx Se 63.93 Bn 58.75 Bn 1.37 Bn -
6 Moderna 58.07 Bn 52.94 Bn 52.00 Mn -388.28%
7 Alnylam Pharmaceuticals 35.59 Bn 32.28 Bn 992.69 Mn 22.62%
8 Biogen 32.63 Bn 31.34 Bn 1.96 Bn 14.91%
9 Insmed 27.57 Bn 26.41 Bn 358.27 Mn -22.35%
10 BioNTech SE 26.24 Bn 12.58 Bn 10.00 Mn 61.65%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 34.70%
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%