Amgen (AMGN) Price to Earnings (2009 - 2026)
Amgen's Price to Earnings was 22.39 in Q2 2026, down 1.4% from 22.71 a year earlier and down 8.0% from the prior quarter.
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Analysis
Amgen (AMGN) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Amgen came in at 22.87, down 33.2% from FY2024.
- In earlier years, Price to Earnings was 34.21 in FY2024 (+49.0%), 22.96 in FY2023 (+7.3%), 21.41 in FY2022 (+0.4%) and 21.31 in FY2021 (+16.4%).
- Quarterly Price to Earnings has moved between 14.88 (Q2 2023) and 53.63 (Q2 2024) over five years.
- Compared with a year earlier, Price to Earnings has declined for six straight quarters, with an average decline of 2.4% over the last eight quarters.
- The best year-over-year quarter for Price to Earnings over five years was Q2 2024 (growth of 260.3%); the worst was Q2 2025 (a decline of 57.7%).
- Per Business Quant data, AMGN's Price to Earnings in the three quarters before Q2 2026 was 24.35 (Q1 2026), 22.87 (Q4 2025) and 21.69 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 653.54 Bn | 572.07 Bn | 17.26 Bn |
| 2 | AbbVie | 467.01 Bn | 440.17 Bn | 12.70 Bn |
| 3 | Merck | 367.16 Bn | 321.59 Bn | 12.21 Bn |
| 4 | Novartis Ag | 277.56 Bn | 233.43 Bn | 11.24 Bn |
| 5 | Astrazeneca | 258.23 Bn | 231.79 Bn | 12.86 Bn |
| 6 | Amgen | 224.14 Bn | 179.54 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 187.30 Bn | 161.42 Bn | 6.22 Bn |
| 8 | Pfizer | 163.47 Bn | 110.41 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 133.31 Bn | 105.31 Bn | 2.84 Bn |
| 10 | Bristol Myers Squibb | 128.45 Bn | 79.72 Bn | 9.25 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.39 |
| Mar 31, 2026 | 24.35 |
| Dec 31, 2025 | 22.87 |
| Sep 30, 2025 | 21.69 |
| Jun 30, 2025 | 22.71 |
| Mar 31, 2025 | 28.24 |
| Dec 31, 2024 | 34.21 |
| Sep 30, 2024 | 40.94 |
| Jun 30, 2024 | 53.63 |
| Mar 31, 2024 | 40.53 |
| Dec 31, 2023 | 22.96 |
| Sep 30, 2023 | 19.01 |
| Jun 30, 2023 | 14.88 |
| Mar 31, 2023 | 16.32 |
| Dec 31, 2022 | 21.41 |
| Sep 30, 2022 | 17.59 |
| Jun 30, 2022 | 19.79 |
| Mar 31, 2022 | 22.57 |
| Dec 31, 2021 | 21.31 |
| Sep 30, 2021 | 21.42 |
API Access
Amgen Price to Earnings 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=price-to-earnings&ticker=AMGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=AMGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();