Amgen (AMGN) Inventory Average (2009 - 2026)
Amgen (AMGN) posted quarterly Inventory Average of $6.2 billion for Q1 2026, down 9.59% year-over-year from $6.9 billion in Q1 2025, and down 1.27% on a QoQ basis from $6.3 billion in Q4 2025.
Amgen (AMGN) Inventory Average (2009 - 2026) Analysis & Trends
Amgen (AMGN) has reported Inventory Average for 17 consecutive years, with $6.2 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Inventory Average fell 9.59% year-over-year to $6.2 billion; the TTM figure through Mar 2026 stood at $6.2 billion (down 9.59% YoY), while the FY2025 annual figure was $6.6 billion, down 19.94% from the prior year.
- Inventory Average came in at $6.2 billion for Q1 2026 at Amgen, down from $6.3 billion in the prior quarter.
- The five-year high for Inventory Average was $9.1 billion in Q1 2024, with the low at $4.2 billion in Q1 2022.
- Average Inventory Average over 5 years is $6.2 billion, with a median of $6.3 billion recorded in 2025.
- Across the five-year window, Inventory Average jumped 83.5% in 2024 and slipped 24.75% in 2025, its largest moves.
- Year by year, Inventory Average stood at $4.8 billion in 2022, then jumped by 50.14% to $7.3 billion in 2023, then retreated by 1.27% to $7.2 billion in 2024, then slipped by 12.46% to $6.3 billion in 2025, then slipped by 1.27% to $6.2 billion in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $6.2 billion, $6.3 billion, and $6.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 14.14 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 14.39 Bn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 5.00 Bn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 6.56 Bn |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | 6.57 Bn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 6.21 Bn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 1.84 Bn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | 10.66 Bn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 2.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.21 Bn |
| Dec 31, 2025 | 6.29 Bn |
| Sep 30, 2025 | 6.46 Bn |
| Jun 30, 2025 | 6.66 Bn |
| Mar 31, 2025 | 6.86 Bn |
| Dec 31, 2024 | 7.18 Bn |
| Sep 30, 2024 | 7.68 Bn |
| Jun 30, 2024 | 8.36 Bn |
| Mar 31, 2024 | 9.12 Bn |
| Dec 31, 2023 | 7.27 Bn |
| Sep 30, 2023 | 5.00 Bn |
| Jun 30, 2023 | 4.99 Bn |
| Mar 31, 2023 | 4.97 Bn |
| Dec 31, 2022 | 4.84 Bn |
| Sep 30, 2022 | 4.66 Bn |
| Jun 30, 2022 | 4.48 Bn |
| Mar 31, 2022 | 4.25 Bn |
| Dec 31, 2021 | 4.12 Bn |
| Sep 30, 2021 | 4.13 Bn |
| Jun 30, 2021 | 4.07 Bn |