Amgen (AMGN) Inventory Average (2009 - 2026)
Amgen (AMGN) recorded quarterly Inventory Average of $6.2 billion in Q1 2026, down 1.27% quarter-over-quarter from $6.3 billion in Q4 2025, and down 9.59% on a YoY basis from $6.9 billion in Q1 2025.
Amgen (AMGN) Inventory Average (2009 - 2026) Analysis & Trends
Amgen's Inventory Average history runs 17 years deep, the most recent figure standing at $6.2 billion for 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 was $6.2 billion for Q1 2026 at Amgen, down from $6.3 billion in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $9.1 billion in Q1 2024 to a low of $4.2 billion in Q1 2022.
- Historically, Inventory Average has averaged $6.2 billion across 5 years, with a median of $6.3 billion in 2025.
- The sharpest annual moves came in 2024 and 2025: Inventory Average jumped 83.5% in 2024, then fell 24.75% in 2025.
- A 5-year view of Inventory Average shows it stood at $4.8 billion in 2022, then jumped by 50.14% to $7.3 billion in 2023, then dropped by 1.27% to $7.2 billion in 2024, then fell by 12.46% to $6.3 billion in 2025, then fell by 1.27% to $6.2 billion in 2026.
- The last three Inventory Average figures came in at $6.2 billion (Q1 2026), $6.3 billion (Q4 2025), and $6.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | 8.09 Bn |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 14.14 Bn |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 14.39 Bn |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | 5.00 Bn |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | 6.57 Bn |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 6.21 Bn |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 1.84 Bn |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 10.66 Bn |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 2.72 Bn |
| 10 | Novartis Ag | 108.28 Bn | 107.60 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 |