Amgen AMGN
NASDAQ AMGN
$468.11 +2.88 (+0.62%)
At close: Nov 11, 2026 · 4:00 PM EST

Amgen (AMGN) Return on Assets [ROA] (2009 - 2026)

Updated

Amgen (AMGN) recorded Return on Assets [ROA] of 9.29% in Q2 2026, up 1.83 percentage points from 7.47% a year earlier and up 0.77 percentage points from the prior quarter.

Analysis

Amgen (AMGN) Return on Assets [ROA] (2009 - 2026) Analysis & Trends

For FY2025, Amgen reported Return on Assets [ROA] of 8.45%, up 4.13 percentage points from FY2024.

  • Annual Return on Assets [ROA] has a five-year change of -3.39 percentage points (FY2020 to FY2025).
  • Across earlier years, Return on Assets [ROA] came in at 4.33% in FY2024 (-3.95 pp), 8.28% in FY2023 (-2.10 pp), 10.38% in FY2022 (+0.88 pp) and 9.50% in FY2021 (-2.35 pp).
  • The Q2 2026 figure is the highest quarterly Return on Assets [ROA] since Q1 2023.
  • On a year-over-year basis, Return on Assets [ROA] has increased for six consecutive quarters, with an average year-over-year change of +1.42 percentage points over the last eight quarters.
  • Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 4.06 percentage points in Q2 2025, against a drop of 6.33 percentage points in Q1 2024 at the low end.
  • Per Business Quant, the preceding three quarters came in at 8.52% (Q1 2026), 8.53% (Q4 2025) and 7.87% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROA (Qtr)
1 Eli Lilly 1,348.13 Bn 1,321.74 Bn 20.46 Bn 19.00%
2 Johnson & Johnson 675.90 Bn 595.76 Bn 17.30 Bn 8.08%
3 AbbVie 519.45 Bn 487.50 Bn 13.12 Bn 7.32%
4 Merck 364.95 Bn 327.95 Bn 13.19 Bn 1.87%
5 Novartis Ag 311.58 Bn 285.16 Bn - -
6 Astrazeneca 289.34 Bn 262.94 Bn 13.26 Bn 9.36%
7 Amgen 251.64 Bn 203.30 Bn 7.58 Bn 9.80%
8 Gilead Sciences 212.05 Bn 187.07 Bn 6.73 Bn -7.67%
9 Pfizer 167.35 Bn 115.00 Bn 12.56 Bn 2.00%
10 Vertex Pharmaceuticals 138.90 Bn 106.64 Bn 2.91 Bn 13.22%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 9.80%
Jun 30, 2026 9.29%
Mar 31, 2026 8.52%
Dec 31, 2025 8.53%
Sep 30, 2025 7.87%
Jun 30, 2025 7.47%
Mar 31, 2025 6.55%
Dec 31, 2024 4.48%
Sep 30, 2024 4.65%
Jun 30, 2024 3.40%
Mar 31, 2024 3.96%
Dec 31, 2023 7.16%
Sep 30, 2023 8.37%
Jun 30, 2023 8.92%
Mar 31, 2023 10.29%
Dec 31, 2022 10.17%
Sep 30, 2022 11.11%
Jun 30, 2022 11.10%
Mar 31, 2022 9.51%
Dec 31, 2021 9.34%
API Access

Amgen Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=AMGN&period=max&api_key=YOUR_API_KEY