Amgen (AMGN) Net Margin (2009 - 2026)
Amgen (AMGN) posted quarterly Net Margin of 21.11% for Q1 2026, down 12.0% year-over-year from 23.99% in Q1 2025, and up 56.22% on a QoQ basis from 13.51% in Q4 2025.
Amgen (AMGN) Net Margin (2009 - 2026) Analysis & Trends
Amgen (AMGN) has reported Net Margin for 18 consecutive years, with 21.11% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 12.0% year-over-year to 21.11%; the TTM figure through Mar 2026 stood at 20.96% (up 357.0% YoY), while the FY2025 annual figure was 20.98%, up 875.0% from the prior year.
- Net Margin came in at 21.11% for Q1 2026 at Amgen, up from 13.51% in the prior quarter.
- The five-year high for Net Margin was 352.07% in Q4 2022, with the low at 1.52% in Q1 2024.
- Average Net Margin over 5 years is 40.07%, with a median of 21.11% recorded in 2026.
- Across the five-year window, Net Margin soared 32433 bps in 2022 and sank 34271 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 352.07% in 2022, then slumped by 97 bps to 9.36% in 2023, then retreated by 26 bps to 6.9% in 2024, then jumped by 96 bps to 13.51% in 2025, then surged by 56 bps to 21.11% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 21.11%, 13.51%, and 33.65% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 37.36% |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 21.76% |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 4.65% |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | 329.02% |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | -25.84% |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | 21.11% |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 29.04% |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | -0.56% |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 12.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.11% |
| Dec 31, 2025 | 13.51% |
| Sep 30, 2025 | 33.65% |
| Jun 30, 2025 | 15.60% |
| Mar 31, 2025 | 21.23% |
| Dec 31, 2024 | 6.90% |
| Sep 30, 2024 | 33.28% |
| Jun 30, 2024 | 8.89% |
| Mar 31, 2024 | -1.52% |
| Dec 31, 2023 | 9.36% |
| Sep 30, 2023 | 25.06% |
| Jun 30, 2023 | 19.74% |
| Mar 31, 2023 | 46.54% |
| Dec 31, 2022 | 352.07% |
| Sep 30, 2022 | 32.22% |
| Jun 30, 2022 | 19.97% |
| Mar 31, 2022 | 23.66% |
| Dec 31, 2021 | 27.74% |
| Sep 30, 2021 | 28.09% |
| Jun 30, 2021 | 7.11% |