Amgen (AMGN) Payout Ratio (2011 - 2026)
Amgen's (AMGN) Payout Ratio came in at 0.60 for Q2 2026, down 19.6% from 0.75 a year earlier and down 9.4% from the prior quarter.
Analysis
Amgen (AMGN) Payout Ratio (2011 - 2026) Analysis & Trends
For FY2025, Amgen's Payout Ratio stood at 0.66, down 43.8% from FY2024.
- In prior years, Amgen's Payout Ratio was 1.18 in FY2024 (+74.2%), 0.68 in FY2023 (+5.9%), 0.64 in FY2022 (-6.0%) and 0.68 in FY2021 (+31.7%).
- The Q2 2026 figure stands as the lowest quarterly Payout Ratio since Q3 2023.
- On a year-over-year basis, Payout Ratio has declined in each of the last six quarters, with an average decline of 4.5% over the last eight quarters.
- The strongest year-over-year quarter for Payout Ratio in the past five years was Q2 2024, with growth of 175.0%; the weakest was Q2 2025, with a decline of 49.9%.
- According to Business Quant data, Payout Ratio for the three prior quarters was 0.67 (Q1 2026), 0.66 (Q4 2025) and 0.72 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn |
| 10 | Bristol Myers Squibb | 127.55 Bn | 78.82 Bn | 9.25 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.60 |
| Mar 31, 2026 | 0.67 |
| Dec 31, 2025 | 0.66 |
| Sep 30, 2025 | 0.72 |
| Jun 30, 2025 | 0.75 |
| Mar 31, 2025 | 0.83 |
| Dec 31, 2024 | 1.18 |
| Sep 30, 2024 | 1.13 |
| Jun 30, 2024 | 1.50 |
| Mar 31, 2024 | 1.23 |
| Dec 31, 2023 | 0.68 |
| Sep 30, 2023 | 0.59 |
| Jun 30, 2023 | 0.55 |
| Mar 31, 2023 | 0.54 |
| Dec 31, 2022 | 0.64 |
| Sep 30, 2022 | 0.61 |
| Jun 30, 2022 | 0.62 |
| Mar 31, 2022 | 0.71 |
| Dec 31, 2021 | 0.68 |
| Sep 30, 2021 | 0.71 |
API Access
Amgen Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payout-ratio&ticker=AMGN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "ticker": "AMGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payout-ratio&ticker=AMGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();