Amgen (AMGN) Invested Capital (2009 - 2026)
Amgen (AMGN) recorded quarterly Invested Capital of $66.5 billion in Q1 2026, up 5.14% quarter-over-quarter from $63.3 billion in Q4 2025, and up 4.6% on a YoY basis from $63.6 billion in Q1 2025.
Amgen (AMGN) Invested Capital (2009 - 2026) Analysis & Trends
Amgen's Invested Capital history runs 18 years deep, the most recent figure standing at $66.5 billion for Q1 2026.
- In Q1 2026, Invested Capital rose 4.6% year-over-year to $66.5 billion; the TTM figure through Mar 2026 stood at $66.5 billion (up 4.6% YoY), while the FY2025 annual figure was $63.3 billion, down 4.11% from the prior year.
- Invested Capital was $66.5 billion for Q1 2026 at Amgen, up from $63.3 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $70.8 billion in Q4 2023 to a low of $37.8 billion in Q1 2022.
- Historically, Invested Capital has averaged $60.5 billion across 5 years, with a median of $66.0 billion in 2024.
- The sharpest annual moves came in 2022 and 2023: Invested Capital fell 10.03% in 2022, then soared 77.04% in 2023.
- A 5-year view of Invested Capital shows it stood at $42.6 billion in 2022, then jumped by 66.46% to $70.8 billion in 2023, then decreased by 6.87% to $66.0 billion in 2024, then decreased by 4.11% to $63.3 billion in 2025, then rose by 5.14% to $66.5 billion in 2026.
- The last three Invested Capital figures came in at $66.5 billion (Q1 2026), $63.3 billion (Q4 2025), and $64.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Gsk | 92,316,836.42 Bn | 92,316,831.46 Bn | 7.76 Bn | - |
| 2 | Eli Lilly | 983.57 Bn | 978.29 Bn | 16.22 Bn | 72.79 Bn |
| 3 | Johnson & Johnson | 553.56 Bn | 531.50 Bn | 15.96 Bn | 98.65 Bn |
| 4 | AbbVie | 383.35 Bn | 374.00 Bn | 10.78 Bn | -6.66 Bn |
| 5 | Merck | 281.71 Bn | 276.06 Bn | 12.09 Bn | 48.32 Bn |
| 6 | Amgen | 182.20 Bn | 170.16 Bn | 5.87 Bn | 66.51 Bn |
| 7 | Gilead Sciences | 153.71 Bn | 145.98 Bn | 5.52 Bn | 45.69 Bn |
| 8 | Pfizer | 143.75 Bn | 130.98 Bn | -1.21 Bn | 90.96 Bn |
| 9 | Bristol Myers Squibb | 109.71 Bn | 99.25 Bn | 8.07 Bn | 64.21 Bn |
| 10 | Novartis Ag | 108.28 Bn | 107.60 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 66.51 Bn |
| Dec 31, 2025 | 63.26 Bn |
| Sep 30, 2025 | 64.21 Bn |
| Jun 30, 2025 | 63.63 Bn |
| Mar 31, 2025 | 63.59 Bn |
| Dec 31, 2024 | 65.98 Bn |
| Sep 30, 2024 | 67.93 Bn |
| Jun 30, 2024 | 68.53 Bn |
| Mar 31, 2024 | 69.04 Bn |
| Dec 31, 2023 | 70.85 Bn |
| Sep 30, 2023 | 68.16 Bn |
| Jun 30, 2023 | 68.28 Bn |
| Mar 31, 2023 | 66.95 Bn |
| Dec 31, 2022 | 42.56 Bn |
| Sep 30, 2022 | 42.35 Bn |
| Jun 30, 2022 | 38.94 Bn |
| Mar 31, 2022 | 37.82 Bn |
| Dec 31, 2021 | 40.01 Bn |
| Sep 30, 2021 | 45.82 Bn |
| Jun 30, 2021 | 41.05 Bn |