Amgen (AMGN) FCF Payout Ratio (2011 - 2026)

Amgen (AMGN) recorded quarterly FCF Payout Ratio of 0.92 in Q1 2026, down 31.13% quarter-over-quarter from 1.34 in Q4 2025, and down 29.55% on a YoY basis from 1.31 in Q1 2025.

Amgen (AMGN) FCF Payout Ratio (2011 - 2026) Analysis & Trends

Amgen's FCF Payout Ratio history runs 16 years deep, the most recent figure standing at 0.92 for Q1 2026.

  • In Q1 2026, FCF Payout Ratio fell 29.55% year-over-year to 0.92; the TTM figure through Mar 2026 stood at 0.61 (up 34.73% YoY), while the FY2025 annual figure was 0.63, up 36.08% from the prior year.
  • FCF Payout Ratio was 0.92 for Q1 2026 at Amgen, down from 1.34 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 3.94 in Q4 2023 to a low of 0.27 in Q4 2024.
  • Historically, FCF Payout Ratio has averaged 0.98 across 5 years, with a median of 0.55 in 2022.
  • The sharpest annual moves came in 2023 and 2024: FCF Payout Ratio soared 775.79% in 2023, then slumped 93.06% in 2024.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.45 in 2022, then jumped by 775.79% to 3.94 in 2023, then plunged by 93.06% to 0.27 in 2024, then jumped by 387.49% to 1.34 in 2025, then plunged by 31.13% to 0.92 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.92 (Q1 2026), 1.34 (Q4 2025), and 0.3 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Gsk 92,316,836.42 Bn 92,316,831.46 Bn 7.76 Bn -0.41
2 Eli Lilly 983.57 Bn 978.29 Bn 16.22 Bn 0.51
3 Johnson & Johnson 553.56 Bn 531.50 Bn 15.96 Bn 2.14
4 AbbVie 383.35 Bn 374.00 Bn 10.78 Bn 0.87
5 Merck 281.71 Bn 276.06 Bn 12.09 Bn 0.72
6 Amgen 182.20 Bn 170.16 Bn 5.87 Bn 0.92
7 Gilead Sciences 153.71 Bn 145.98 Bn 5.52 Bn 0.43
8 Pfizer 143.75 Bn 130.98 Bn -1.21 Bn 1.12
9 Bristol Myers Squibb 109.71 Bn 99.25 Bn 8.07 Bn 1.69
10 Novartis Ag 108.28 Bn 107.60 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.92
Dec 31, 2025 1.34
Sep 30, 2025 0.30
Jun 30, 2025 0.67
Mar 31, 2025 1.31
Dec 31, 2024 0.27
Sep 30, 2024 0.37
Jun 30, 2024 0.54
Mar 31, 2024 2.63
Dec 31, 2023 3.94
Sep 30, 2023 0.45
Jun 30, 2023 0.30
Mar 31, 2023 1.58
Dec 31, 2022 0.45
Sep 30, 2022 0.37
Jun 30, 2022 0.62
Mar 31, 2022 0.55
Dec 31, 2021 0.39
Sep 30, 2021 0.46
Jun 30, 2021 0.58