AMGN Amgen Inc
Nasdaq, CIK 0000318154, fiscal year ends 12/31. Last price 439.26 on 2026-10-23, market value 237.5 billion dollars.
Machine-readable: AMGN.json, AMGN.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.
| Philosophy | Score | Status | Current inputs as of | History used | Price | Verification | Rules |
|---|---|---|---|---|---|---|---|
| Graham Defensive | 46 | ok | 2025-12-31 stale: Revenue |
2014–2025 | 2026-10-23 | 11 verified, 21 unverified | method |
| Magic Formula | 54 | ok | 2025-12-31 stale: operating_income_q, debt_short |
— | 2026-10-23 | — | method |
| Momentum | 79 | ok | 2026-10-23 | — | 2026-10-23 | — | method |
| Insider | 0 | ok | 2026-10-23 | — | — | — | method |
| Buffett Quality | 63 | ok | 2025-12-31 stale: debt_short |
2016–2025 | 2026-10-23 | 0 verified, 48 unverified | method |
| Lynch GARP | 22 | ok | 2025-12-31 stale: debt_short |
2020–2025 | 2026-10-23 | 0 verified, 6 unverified | method |
| Graham Enterprising | 46 | ok | 2025-12-31 stale: debt_short |
2020–2025 | 2026-10-23 | 0 verified, 12 unverified | method |
| Piotroski F-Score | 89 | ok | — | 2024–2026 | — | 0 verified, 27 unverified | method |
Market value, source trail
| Input | Value | Unit | Period / date | Source |
|---|---|---|---|---|
| Traded price | 439.26 | USD per traded unit (share or ADS) | 2026-10-23 | Yahoo Finance |
| SEC shares outstanding | 540,632,005 | underlying shares | 2026-07-30 | SEC cover page 10-Q 0000318154-26-000126 (540,632,005 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/318154/000031815426000126/amgn-20260630.htm 0000318154-26-000126 |
| Depositary ratio | 1.0 | underlying shares per traded unit | domestic 10-K filer; SEC shares are the traded units | |
| Market value price date × latest reported shares | 237,478,014,516 | USD | 2026-10-23 shares at 2026-07-30 | 439.26 (price 2026-10-23) / 1 x 540,632,005 (shares at 2026-07-30) = 237,478,014,516 |
Graham Defensive
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Adequate size | 36.75 revenue $B | >= 1 | 5.0 / 5 |
| 2a Current ratio | 1.37 | >= 2.0 | 5.6 / 15 |
| 2b Long-term debt vs working capital | 5.48 LTD / WC | <= 1.0 | 0.0 / 15 |
| 3 Positive earnings each of 10 years | 10 of 10 | 10 of 10 | 15.0 / 15 |
| 4 Dividends every year for 20 years | 15 of 20 missing 2006, 2007, 2008, 2009, 2010 XBRL check: 10 years agree, 10 unverified | 20 of 20 | 11.25 / 15 |
| 5 EPS growth, 3-yr avg now vs 10 yrs ago | 8.67 -> 11.43 (+32%) | >= +33% | 9.6 / 10 |
| 6 P/E on 3-year average EPS | 38.4 | <= 15 | 0.0 / 15 |
| 7 P/B <= 1.5, or P/E x P/B <= 22.5 | P/B 20.32, product 781.1 | <= 1.5 or <= 22.5 | 0.0 / 10 |
Inputs, 34 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 439.26 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| Revenue | 36751000000.0 | 2025-12-31 stale | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000318154-26-000010 | unverified |
| current_assets | 34961000000.0 | 2026-06-30 | SEC XBRL AssetsCurrent 0000318154-26-000126 | unverified |
| current_liabilities | 25502000000.0 | 2026-06-30 | SEC XBRL LiabilitiesCurrent 0000318154-26-000126 | unverified |
| lt_debt | 51859000000.0 | 2026-06-30 | SEC XBRL LongTermDebtNoncurrent 0000318154-26-000126 | unverified |
| equity | 11688000000.0 | 2026-06-30 | SEC XBRL StockholdersEquity 0000318154-26-000126 | unverified |
| Net income FY2016 | 7722000000.0 | 2016-12-31 history | SEC XBRL NetIncomeLoss 0000318154-19-000008 | unverified |
| Net income FY2017 | 1979000000.0 | 2017-12-31 history | SEC XBRL NetIncomeLoss 0000318154-20-000017 | unverified |
| Net income FY2018 | 8394000000.0 | 2018-12-31 history | SEC XBRL NetIncomeLoss 0000318154-21-000010 | unverified |
| Net income FY2019 | 7842000000.0 | 2019-12-31 history | SEC XBRL NetIncomeLoss 0000318154-22-000010 | unverified |
| Net income FY2020 | 7264000000.0 | 2020-12-31 history | SEC XBRL NetIncomeLoss 0000318154-23-000017 | unverified |
| Net income FY2021 | 5893000000.0 | 2021-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-24-000011 | unverified |
| Net income FY2022 | 6552000000.0 | 2022-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-25-000010 | unverified |
| Net income FY2023 | 6717000000.0 | 2023-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| Net income FY2024 | 4090000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| Net income FY2025 | 7711000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| Dividend years (Yahoo) | [2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] | history | Yahoo Finance dividend history | verified (partly: XBRL covers 10 of 20 years) |
| Dividends per share FY2016 (XBRL) | 4.15 | 2016-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000318154-19-000008 | verified |
| Dividends per share FY2017 (XBRL) | 4.77 | 2017-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000318154-20-000017 | verified |
| Dividends per share FY2018 (XBRL) | 5.41 | 2018-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000318154-21-000010 | verified |
| Dividends per share FY2019 (XBRL) | 5.95 | 2019-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000318154-22-000010 | verified |
| Dividends per share FY2020 (XBRL) | 6.56 | 2020-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000318154-23-000017 | verified |
| Dividends per share FY2021 (XBRL) | 7.22 | 2021-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000318154-24-000011 | verified |
| Dividends per share FY2022 (XBRL) | 7.95 | 2022-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000318154-25-000010 | verified |
| Dividends per share FY2023 (XBRL) | 8.64 | 2023-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000318154-26-000010 | verified |
| Dividends per share FY2024 (XBRL) | 9.13 | 2024-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000318154-26-000010 | verified |
| Dividends per share FY2025 (XBRL) | 9.66 | 2025-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000318154-26-000010 | verified |
| EPS diluted FY2014 | 6.7 | 2014-12-31 history | SEC XBRL EarningsPerShareDiluted 0000318154-17-000004 | unverified |
| EPS diluted FY2015 | 9.06 | 2015-12-31 history | SEC XBRL EarningsPerShareDiluted 0000318154-18-000004 | unverified |
| EPS diluted FY2016 | 10.24 | 2016-12-31 history | SEC XBRL EarningsPerShareDiluted 0000318154-19-000008 | unverified |
| EPS diluted FY2023 | 12.49 | 2023-12-31 history | SEC XBRL EarningsPerShareDiluted 0000318154-26-000010 | unverified |
| EPS diluted FY2024 | 7.56 | 2024-12-31 history | SEC XBRL EarningsPerShareDiluted 0000318154-26-000010 | unverified |
| EPS diluted FY2025 | 14.23 | 2025-12-31 history | SEC XBRL EarningsPerShareDiluted 0000318154-26-000010 | unverified |
| Shares outstanding | 540632005.0 | 2026-07-30 | SEC cover page 10-Q 0000318154-26-000126 (540,632,005 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/318154/000031815426000126/amgn-20260630.htm 0000318154-26-000126 | not cross-checked |
Magic Formula
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| Earnings yield (EBIT/EV) EBIT trailing twelve months; EV = market cap + debt (57,304,000,000) - cash | 4.07 % (rank 111) | ||
| Return on capital (EBIT/(NWC+PPE)) net working capital 9,459,000,000 used as reported | 63.46 % (rank 62) | ||
| Combined rank | 173 |
Inputs, 14 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| operating_income | 9080000000.0 | 2025-12-31 history | SEC XBRL OperatingIncomeLoss 0000318154-26-000010 | not cross-checked |
| operating_income_q | 2666000000.0 | 2026-03-31 stale | SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) 0000318154-26-000057 | not cross-checked |
| operating_income_q | 1178000000.0 | 2025-03-31 history | SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) 0000318154-26-000057 | not cross-checked |
| operating_income_q | 3514000000.0 | 2026-06-30 | SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) 0000318154-26-000126 | not cross-checked |
| operating_income_q | 2656000000.0 | 2025-06-30 history | SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) 0000318154-26-000126 | not cross-checked |
| current_assets | 34961000000.0 | 2026-06-30 | SEC XBRL AssetsCurrent 0000318154-26-000126 | not cross-checked |
| current_liabilities | 25502000000.0 | 2026-06-30 | SEC XBRL LiabilitiesCurrent 0000318154-26-000126 | not cross-checked |
| cash | 13989000000.0 | 2026-06-30 | SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000318154-26-000126 | not cross-checked |
| ppe_net | 8547000000.0 | 2026-06-30 | SEC XBRL PropertyPlantAndEquipmentNet 0000318154-26-000126 | not cross-checked |
| debt_incl_current | 57304000000.0 | 2026-06-30 | SEC XBRL LongTermDebt 0000318154-26-000126 | not cross-checked |
| debt_short | 0.0 | 2025-12-31 stale | SEC XBRL CommercialPaper 0000318154-26-000010 | not cross-checked |
| shares_out | 540632005.0 | 2026-07-30 | SEC cover page 10-Q 0000318154-26-000126 (540,632,005 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/318154/000031815426000126/amgn-20260630.htm 0000318154-26-000126 | not cross-checked |
| Price (close) | 439.26 | 2026-10-23 | Yahoo Finance / Alpaca Market Data | not cross-checked |
| note | debt = LongTermDebt (incl. current maturities) + short-term borrowings | not cross-checked |
Momentum
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 12-1 month return | 42.5 % (percentile 86.1) | 43.0 / 50 | |
| 6 month return | 27.7 % (percentile 86.3) | 17.3 / 20 | |
| Price / 52-week high | 0.982 | 14.7 / 15 | |
| Volatility penalty (60d annualised) | 35.1 % | 4.4 / 15 |
Inputs, 1 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Adjusted close series (14 months) | 439.26 | 2026-10-23 | Yahoo Finance / Alpaca Market Data daily history | not cross-checked |
Insider
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| Open-market buy value / market cap (percentile among buyers) | 0.0 bp | 0.0 / 35 | |
| Distinct buyers | 0 | 0.0 / 25 | |
| Buyer seniority | 0.0 | 0.0 / 20 | |
| Recency (half-life 30d) | 0.0 | 0.0 / 10 | |
| Sales penalty (excludes 10b5-1 plan sales) | 0.17 bp | -3.5 / 0 |
Inputs, 6 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Form 4 S Khosla Rachna 2026-08-13 | 521370.36 | 2026-08-13 | SEC Form 4 (insider transactions data set) | not cross-checked |
| Form 4 S Khosla Rachna 2026-08-11 | 825140.0 | 2026-08-11 | SEC Form 4 (insider transactions data set) | not cross-checked |
| Form 4 S Grygiel Nancy A. 2026-08-06 | 792255.2000000001 | 2026-08-06 | SEC Form 4 (insider transactions data set) | not cross-checked |
| Form 4 S Grygiel Nancy A. 2026-08-06 | 402160.0 | 2026-08-06 | SEC Form 4 (insider transactions data set) | not cross-checked |
| Form 4 S Miller Derek 2026-08-06 | 733025.3400000001 | 2026-08-06 | SEC Form 4 (insider transactions data set) | not cross-checked |
| Form 4 S Miller Derek 2026-08-06 | 832855.26 | 2026-08-06 | SEC Form 4 (insider transactions data set) | not cross-checked |
Buffett Quality
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Average return on equity (net income / year-end equity) | 94.8% over 8 yrs | >= 15% | 25.0 / 25 |
| 2 Profitable every year | 10 of 10 | all years | 15.0 / 15 |
| 3 Net income growth, 3-yr average now vs start of window | +0.3% a year | >= +10% | 0.3 / 10 |
| 4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities) + short-term borrowings | 9.3 years | <= 4 | 0.0 / 15 |
| 5 Operating margin, 5-yr average | 28.0% | >= 20% | 10.0 / 10 |
| 6 Free cash flow / net income, 5-yr (operating cash flow minus capex) | 1.39 | >= 1.0 | 10.0 / 10 |
| 7 Owner-earnings yield (3-yr avg free cash flow / market cap) | 3.6% | >= 7% | 2.4 / 15 |
Inputs, 50 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 439.26 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| Net income FY2018 | 8394000000.0 | 2018-12-31 history | SEC XBRL NetIncomeLoss 0000318154-21-000010 | unverified |
| Equity at FY2018 end | 12500000000.0 | 2018-12-31 history | SEC XBRL StockholdersEquity 0000318154-22-000010 | unverified |
| Net income FY2019 | 7842000000.0 | 2019-12-31 history | SEC XBRL NetIncomeLoss 0000318154-22-000010 | unverified |
| Equity at FY2019 end | 9673000000.0 | 2019-12-31 history | SEC XBRL StockholdersEquity 0000318154-23-000017 | unverified |
| Net income FY2020 | 7264000000.0 | 2020-12-31 history | SEC XBRL NetIncomeLoss 0000318154-23-000017 | unverified |
| Equity at FY2020 end | 9409000000.0 | 2020-12-31 history | SEC XBRL StockholdersEquity 0000318154-24-000011 | unverified |
| Net income FY2021 | 5893000000.0 | 2021-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-24-000011 | unverified |
| Equity at FY2021 end | 6700000000.0 | 2021-12-31 history | SEC XBRL StockholdersEquity 0000318154-25-000010 | unverified |
| Net income FY2022 | 6552000000.0 | 2022-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-25-000010 | unverified |
| Equity at FY2022 end | 3661000000.0 | 2022-12-31 history | SEC XBRL StockholdersEquity 0000318154-26-000010 | unverified |
| Net income FY2023 | 6717000000.0 | 2023-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| Equity at FY2023 end | 6232000000.0 | 2023-12-31 history | SEC XBRL StockholdersEquity 0000318154-26-000010 | unverified |
| Net income FY2024 | 4090000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| Equity at FY2024 end | 5877000000.0 | 2024-12-31 history | SEC XBRL StockholdersEquity 0000318154-26-000126 | unverified |
| Net income FY2025 | 7711000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| Equity at FY2025 end | 8658000000.0 | 2025-12-31 history | SEC XBRL StockholdersEquity 0000318154-26-000126 | unverified |
| Net income FY2016 | 7722000000.0 | 2016-12-31 history | SEC XBRL NetIncomeLoss 0000318154-19-000008 | unverified |
| Net income FY2017 | 1979000000.0 | 2017-12-31 history | SEC XBRL NetIncomeLoss 0000318154-20-000017 | unverified |
| Net income FY2018 | 8394000000.0 | 2018-12-31 history | SEC XBRL NetIncomeLoss 0000318154-21-000010 | unverified |
| Net income FY2019 | 7842000000.0 | 2019-12-31 history | SEC XBRL NetIncomeLoss 0000318154-22-000010 | unverified |
| Net income FY2020 | 7264000000.0 | 2020-12-31 history | SEC XBRL NetIncomeLoss 0000318154-23-000017 | unverified |
| Net income FY2021 | 5893000000.0 | 2021-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-24-000011 | unverified |
| Net income FY2022 | 6552000000.0 | 2022-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-25-000010 | unverified |
| Net income FY2023 | 6717000000.0 | 2023-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| Net income FY2024 | 4090000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| Net income FY2025 | 7711000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| debt_incl_current | 57304000000.0 | 2026-06-30 | SEC XBRL LongTermDebt 0000318154-26-000126 | unverified |
| debt_short | 0.0 | 2025-12-31 stale | SEC XBRL CommercialPaper 0000318154-26-000010 | unverified |
| Operating income FY2021 | 7639000000.0 | 2021-12-31 history | SEC XBRL OperatingIncomeLoss 0000318154-24-000011 | unverified |
| Revenue FY2021 | 25979000000.0 | 2021-12-31 history | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000318154-24-000011 | unverified |
| Operating income FY2022 | 9566000000.0 | 2022-12-31 history | SEC XBRL OperatingIncomeLoss 0000318154-25-000010 | unverified |
| Revenue FY2022 | 26323000000.0 | 2022-12-31 history | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000318154-25-000010 | unverified |
| Operating income FY2023 | 7897000000.0 | 2023-12-31 history | SEC XBRL OperatingIncomeLoss 0000318154-26-000010 | unverified |
| Revenue FY2023 | 28190000000.0 | 2023-12-31 history | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000318154-26-000010 | unverified |
| Operating income FY2024 | 7258000000.0 | 2024-12-31 history | SEC XBRL OperatingIncomeLoss 0000318154-26-000010 | unverified |
| Revenue FY2024 | 33424000000.0 | 2024-12-31 history | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000318154-26-000010 | unverified |
| Operating income FY2025 | 9080000000.0 | 2025-12-31 history | SEC XBRL OperatingIncomeLoss 0000318154-26-000010 | unverified |
| Revenue FY2025 | 36751000000.0 | 2025-12-31 history | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000318154-26-000010 | unverified |
| Operating cash flow FY2021 | 9261000000.0 | 2021-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000318154-24-000011 | unverified |
| Capital expenditure FY2021 | 880000000.0 | 2021-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000318154-24-000011 | unverified |
| Operating cash flow FY2022 | 9721000000.0 | 2022-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000318154-25-000010 | unverified |
| Capital expenditure FY2022 | 936000000.0 | 2022-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000318154-25-000010 | unverified |
| Operating cash flow FY2023 | 8471000000.0 | 2023-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000318154-26-000010 | unverified |
| Capital expenditure FY2023 | 1112000000.0 | 2023-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000318154-26-000010 | unverified |
| Operating cash flow FY2024 | 11490000000.0 | 2024-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000318154-26-000010 | unverified |
| Capital expenditure FY2024 | 1096000000.0 | 2024-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000318154-26-000010 | unverified |
| Operating cash flow FY2025 | 9958000000.0 | 2025-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000318154-26-000010 | unverified |
| Capital expenditure FY2025 | 1858000000.0 | 2025-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000318154-26-000010 | unverified |
| Shares outstanding | 540632005.0 | 2026-07-30 | SEC cover page 10-Q 0000318154-26-000126 (540,632,005 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/318154/000031815426000126/amgn-20260630.htm 0000318154-26-000126 | not cross-checked |
Lynch GARP
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 PEG: P/E divided by 5-yr EPS growth (in % points) | 10.5 | <= 1.0 | 0.0 / 30 |
| 2 EPS growth, 5-yr compound rate | +2.9% a year | 12% to 35% a year | 4.9 / 20 |
| 3 P/E on latest annual EPS | 30.9 | <= 25 | 6.1 / 10 |
| 4 Borrowings / equity LongTermDebt (incl. current maturities) + short-term borrowings | 4.9 | <= 0.5 | 0.0 / 15 |
| 5 Years of the last 5 in which EPS rose | 3 of 5 | 5 of 5 | 9.0 / 15 |
| 6 Net cash (cash minus borrowings) / market cap | -18.2% | >= +10% | 1.9 / 10 |
Inputs, 7 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 439.26 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| EPS diluted FY2025 | 14.23 | 2025-12-31 history | SEC XBRL EarningsPerShareDiluted 0000318154-26-000010 | unverified |
| EPS diluted FY2020 | 12.31 | 2020-12-31 history | SEC XBRL EarningsPerShareDiluted 0000318154-23-000017 | unverified |
| debt_incl_current | 57304000000.0 | 2026-06-30 | SEC XBRL LongTermDebt 0000318154-26-000126 | unverified |
| debt_short | 0.0 | 2025-12-31 stale | SEC XBRL CommercialPaper 0000318154-26-000010 | unverified |
| equity | 11688000000.0 | 2026-06-30 | SEC XBRL StockholdersEquity 0000318154-26-000126 | unverified |
| cash | 13989000000.0 | 2026-06-30 | SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000318154-26-000126 | unverified |
Graham Enterprising
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Current ratio | 1.37 | >= 1.5 | 11.1 / 15 |
| 2 Borrowings vs working capital LongTermDebt (incl. current maturities) + short-term borrowings | 6.06 x | <= 1.1x | 0.0 / 15 |
| 3 No earnings deficit in the last 5 years | 5 of 5 profitable | 5 of 5 | 15.0 / 15 |
| 4 Pays a current dividend | yes | yes | 10.0 / 10 |
| 5 EPS higher than five years earlier | 12.31 -> 14.23 | higher | 10.0 / 10 |
| 6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets) | 20.32 | <= 1.2 | 0.0 / 20 |
| 7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive | — | <= 0.67 | 0.0 / 15 |
Inputs, 15 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 439.26 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| current_assets | 34961000000.0 | 2026-06-30 | SEC XBRL AssetsCurrent 0000318154-26-000126 | unverified |
| current_liabilities | 25502000000.0 | 2026-06-30 | SEC XBRL LiabilitiesCurrent 0000318154-26-000126 | unverified |
| debt_incl_current | 57304000000.0 | 2026-06-30 | SEC XBRL LongTermDebt 0000318154-26-000126 | unverified |
| debt_short | 0.0 | 2025-12-31 stale | SEC XBRL CommercialPaper 0000318154-26-000010 | unverified |
| Net income FY2021 | 5893000000.0 | 2021-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-24-000011 | unverified |
| Net income FY2022 | 6552000000.0 | 2022-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-25-000010 | unverified |
| Net income FY2023 | 6717000000.0 | 2023-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| Net income FY2024 | 4090000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| Net income FY2025 | 7711000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| Dividend years (Yahoo) | [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] | history | Yahoo Finance dividend history | not cross-checked |
| EPS diluted FY2025 | 14.23 | 2025-12-31 history | SEC XBRL EarningsPerShareDiluted 0000318154-26-000010 | unverified |
| EPS diluted FY2020 | 12.31 | 2020-12-31 history | SEC XBRL EarningsPerShareDiluted 0000318154-23-000017 | unverified |
| equity | 11688000000.0 | 2026-06-30 | SEC XBRL StockholdersEquity 0000318154-26-000126 | unverified |
| Shares outstanding | 540632005.0 | 2026-07-30 | SEC cover page 10-Q 0000318154-26-000126 (540,632,005 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/318154/000031815426000126/amgn-20260630.htm 0000318154-26-000126 | not cross-checked |
Piotroski F-Score
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Return on assets is positive | 8.5% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 2 Operating cash flow is positive | 9,958M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 3 Return on assets improved on the prior year | 4.5% -> 8.5% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 4 Operating cash flow exceeds net income (accruals) | 9,958M vs 7,711M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 5 Long-term debt / assets fell | 61.6% -> 55.2% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 6 Current ratio improved | 1.26 -> 1.14 | pass = 1 | 0.0 / 11.11111111111111 |
| 7 No new shares issued (share count did not rise) | 538M -> 541M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry) | 21.7% -> 24.7% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 9 Asset turnover (revenue / assets) improved | 0.36 -> 0.41 | pass = 1 | 11.11111111111111 / 11.11111111111111 |
Inputs, 27 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| net_income 2025-12-31 | 7711000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| total_assets 2025-12-31 | 90586000000.0 | 2025-12-31 history | SEC XBRL Assets 0000318154-26-000126 | unverified |
| cfo 2025-12-31 | 9958000000.0 | 2025-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000318154-26-000010 | unverified |
| net_income 2025-12-31 | 7711000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| net_income 2024-12-31 | 4090000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| total_assets 2025-12-31 | 90586000000.0 | 2025-12-31 history | SEC XBRL Assets 0000318154-26-000126 | unverified |
| total_assets 2024-12-31 | 91839000000.0 | 2024-12-31 history | SEC XBRL Assets 0000318154-26-000010 | unverified |
| cfo 2025-12-31 | 9958000000.0 | 2025-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000318154-26-000010 | unverified |
| net_income 2025-12-31 | 7711000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-145588) 0000318154-26-000010 | unverified |
| lt_debt 2025-12-31 | 50005000000.0 | 2025-12-31 history | SEC XBRL LongTermDebtNoncurrent 0000318154-26-000126 | unverified |
| lt_debt 2024-12-31 | 56549000000.0 | 2024-12-31 history | SEC XBRL LongTermDebtNoncurrent 0000318154-26-000010 | unverified |
| total_assets 2025-12-31 | 90586000000.0 | 2025-12-31 history | SEC XBRL Assets 0000318154-26-000126 | unverified |
| total_assets 2024-12-31 | 91839000000.0 | 2024-12-31 history | SEC XBRL Assets 0000318154-26-000010 | unverified |
| current_assets 2025-12-31 | 29057000000.0 | 2025-12-31 history | SEC XBRL AssetsCurrent 0000318154-26-000126 | unverified |
| current_assets 2024-12-31 | 29030000000.0 | 2024-12-31 history | SEC XBRL AssetsCurrent 0000318154-26-000010 | unverified |
| current_liabilities 2025-12-31 | 25489000000.0 | 2025-12-31 history | SEC XBRL LiabilitiesCurrent 0000318154-26-000126 | unverified |
| current_liabilities 2024-12-31 | 23099000000.0 | 2024-12-31 history | SEC XBRL LiabilitiesCurrent 0000318154-26-000010 | unverified |
| shares_out 2026-07-30 | 540632005.0 | 2026-07-30 history | SEC XBRL EntityCommonStockSharesOutstanding 0000318154-26-000126 | unverified |
| shares_out 2025-07-31 | 538361851.0 | 2025-07-31 history | SEC XBRL EntityCommonStockSharesOutstanding 0000318154-25-000056 | unverified |
| operating_income 2025-12-31 | 9080000000.0 | 2025-12-31 history | SEC XBRL OperatingIncomeLoss 0000318154-26-000010 | unverified |
| operating_income 2024-12-31 | 7258000000.0 | 2024-12-31 history | SEC XBRL OperatingIncomeLoss 0000318154-26-000010 | unverified |
| revenue 2025-12-31 | 36751000000.0 | 2025-12-31 history | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000318154-26-000010 | unverified |
| revenue 2024-12-31 | 33424000000.0 | 2024-12-31 history | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000318154-26-000010 | unverified |
| revenue 2025-12-31 | 36751000000.0 | 2025-12-31 history | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000318154-26-000010 | unverified |
| revenue 2024-12-31 | 33424000000.0 | 2024-12-31 history | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000318154-26-000010 | unverified |
| total_assets 2025-12-31 | 90586000000.0 | 2025-12-31 history | SEC XBRL Assets 0000318154-26-000126 | unverified |
| total_assets 2024-12-31 | 91839000000.0 | 2024-12-31 history | SEC XBRL Assets 0000318154-26-000010 | unverified |
Earnings record
| FY | Ended | Revenue, $M | Net income, $M | EPS diluted | Dividend | Filing |
|---|---|---|---|---|---|---|
| 2013 | 2013-12-31 | 18,676 | 5,081 | 6.64 | paid | 0000318154-16-000055 |
| 2014 | 2014-12-31 | 20,063 | 5,158 | 6.7 | paid | 0000318154-17-000004 |
| 2015 | 2015-12-31 | 21,662 | 6,939 | 9.06 | paid | 0000318154-18-000004 |
| 2016 | 2016-12-31 | 22,991 | 7,722 | 10.24 | paid | 0000318154-19-000008 |
| 2017 | 2017-12-31 | 22,849 | 1,979 | 2.69 | paid | 0000318154-20-000017 |
| 2018 | 2018-12-31 | 23,747 | 8,394 | 12.62 | paid | 0000318154-21-000010 |
| 2019 | 2019-12-31 | 23,362 | 7,842 | 12.88 | paid | 0000318154-22-000010 |
| 2020 | 2020-12-31 | 25,424 | 7,264 | 12.31 | paid | 0000318154-23-000017 |
| 2021 | 2021-12-31 | 25,979 | 5,893 | 10.28 | paid | 0000318154-24-000011 |
| 2022 | 2022-12-31 | 26,323 | 6,552 | 12.11 | paid | 0000318154-25-000010 |
| 2023 | 2023-12-31 | 28,190 | 6,717 | 12.49 | paid | 0000318154-26-000010 |
| 2024 | 2024-12-31 | 33,424 | 4,090 | 7.56 | paid | 0000318154-26-000010 |
| 2025 | 2025-12-31 | 36,751 | 7,711 | 14.23 | paid | 0000318154-26-000010 |
Insider transactions
| Date | Insider | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 2026-08-13 | Khosla Rachna | officer | sale | 1,252 | 416.43 | 521,370 |
| 2026-08-11 | Khosla Rachna | officer | sale | 2,000 | 412.57 | 825,140 |
| 2026-08-06 | Grygiel Nancy A. | officer | sale | 1,970 | 402.16 | 792,255 |
| 2026-08-06 | Grygiel Nancy A. | officer | sale | 1,000 | 402.16 | 402,160 |
| 2026-08-06 | Miller Derek | officer | sale | 1,821 | 402.54 | 733,025 |
| 2026-08-06 | Miller Derek | officer | sale | 2,069 | 402.54 | 832,855 |
| 2026-05-04 | Grygiel Nancy A. | officer | sale | 1,237 | 323.73 | 400,454 |
Filings and links
- SEC: filing index, 8-K, Form 4, XBRL companyfacts
- Prices: Yahoo Finance, Stooq
- Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news