Amgen (AMGN) Invested Capital (2009 - 2026)

Amgen (AMGN) posted quarterly Invested Capital of $66.5 billion for Q1 2026, up 4.6% year-over-year from $63.6 billion in Q1 2025, and up 5.14% on a QoQ basis from $63.3 billion in Q4 2025.

Amgen (AMGN) Invested Capital (2009 - 2026) Analysis & Trends

Amgen (AMGN) has reported Invested Capital for 18 consecutive years, with $66.5 billion the latest figure, recorded in 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 came in at $66.5 billion for Q1 2026 at Amgen, up from $63.3 billion in the prior quarter.
  • The five-year high for Invested Capital was $70.8 billion in Q4 2023, with the low at $37.8 billion in Q1 2022.
  • Average Invested Capital over 5 years is $60.5 billion, with a median of $66.0 billion recorded in 2024.
  • Across the five-year window, Invested Capital slipped 10.03% in 2022 and soared 77.04% in 2023, its largest moves.
  • Year by year, Invested Capital stood at $42.6 billion in 2022, then jumped by 66.46% to $70.8 billion in 2023, then declined by 6.87% to $66.0 billion in 2024, then declined by 4.11% to $63.3 billion in 2025, then climbed by 5.14% to $66.5 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $66.5 billion, $63.3 billion, and $64.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 72.79 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 98.65 Bn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn -6.66 Bn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn -
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 48.32 Bn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 66.51 Bn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 45.69 Bn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 90.96 Bn
9 Novartis Ag 113.45 Bn 113.67 Bn - -19.00 Mn
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 24.94 Bn

Historic Data

Download Data
DateValue
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