Amgen (AMGN) FCF Payout Ratio (2011 - 2026)
Amgen (AMGN) posted FCF Payout Ratio of 0.39 for Q2 2026, down 57.54% on a QoQ basis from 0.92 in Q1 2026, and down 41.72% year-over-year from 0.67 in Q2 2025.
Analysis
Amgen (AMGN) FCF Payout Ratio (2011 - 2026) Analysis & Trends
Amgen has reported FCF Payout Ratio for 16 years, with the latest figure at 0.39 in Q2 2026.
- On a quarterly basis, FCF Payout Ratio fell 41.72% year-over-year to 0.39 in Q2 2026; TTM through Jun 2026 was 0.52, a 10.74% increase from a year earlier, with the FY2025 full-year figure at 0.63, up 36.08% from the prior year.
- FCF Payout Ratio was 0.39 for Q2 2026 at Amgen, down from 0.92 in the prior quarter.
- The five-year high for FCF Payout Ratio was 3.94 in Q4 2023, with the low at 0.27 in Q4 2024.
- Average FCF Payout Ratio over 5 years is 0.94, with a median of 0.55 recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: FCF Payout Ratio jumped 775.79% in 2023, then sank 93.06% in 2024.
- Over 5 years, FCF Payout Ratio stood at 0.45 in 2022, then surged by 775.79% to 3.94 in 2023, then tumbled by 93.06% to 0.27 in 2024, then surged by 387.49% to 1.34 in 2025, then tumbled by 70.76% to 0.39 in 2026.
- The last three FCF Payout Ratio figures came in at 0.39 (Q2 2026), 0.92 (Q1 2026), and 1.34 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 0.39 |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 0.30 |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | - |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 0.17 |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | - |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | - |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | - |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | - |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | - |
| 10 | Insmed | 27.67 Bn | 26.51 Bn | 358.27 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.39 |
| 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 |