Amgen Historical Financial Ratios
AMGN Stock | USD 273.65 2.10 0.76% |
Amgen is presently reporting on over 107 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0185, PTB Ratio of 25.96 or Days Sales Outstanding of 108 will help investors to properly organize and evaluate Amgen Inc financial condition quickly.
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About Amgen Financial Ratios Analysis
Amgen IncFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Amgen investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Amgen financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Amgen history.
Amgen Financial Ratios Chart
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Dividend Yield
Dividend Yield is Amgen Inc dividend as a percentage of Amgen stock price. Amgen Inc dividend yield is a measure of Amgen stock productivity, which can be interpreted as interest rate earned on an Amgen investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Most ratios from Amgen's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Amgen Inc current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amgen Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Amgen's EV To Sales is very stable compared to the past year. As of the 11th of December 2024, Free Cash Flow Per Share is likely to grow to 14.44, while Dividend Yield is likely to drop 0.02.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0313 | 0.0297 | 0.0296 | 0.0185 | Price To Sales Ratio | 4.94 | 5.37 | 5.47 | 9.47 |
Amgen fundamentals Correlations
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Amgen Account Relationship Matchups
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Amgen fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 6.24 | 5.3 | 4.94 | 5.37 | 5.47 | 9.47 | |
Dividend Yield | 0.0241 | 0.0279 | 0.0313 | 0.0297 | 0.0296 | 0.0185 | |
Ptb Ratio | 15.08 | 14.32 | 19.14 | 38.6 | 24.73 | 25.96 | |
Days Sales Outstanding | 63.39 | 64.96 | 68.77 | 77.14 | 102.83 | 107.97 | |
Book Value Per Share | 15.99 | 16.06 | 11.75 | 6.8 | 11.65 | 10.26 | |
Free Cash Flow Yield | 0.0585 | 0.0734 | 0.0654 | 0.0622 | 0.0478 | 0.0377 | |
Operating Cash Flow Per Share | 15.12 | 17.91 | 16.25 | 18.07 | 15.83 | 16.63 | |
Stock Based Compensation To Revenue | 0.0131 | 0.0132 | 0.013 | 0.0152 | 0.0153 | 0.0186 | |
Capex To Depreciation | 0.34 | 0.38 | 0.28 | 0.17 | 0.26 | 0.27 | |
Pb Ratio | 15.08 | 14.32 | 19.14 | 38.6 | 24.73 | 25.96 | |
Ev To Sales | 6.55 | 7.26 | 6.35 | 5.91 | 6.56 | 9.89 | |
Free Cash Flow Per Share | 14.1 | 16.88 | 14.7 | 16.33 | 13.76 | 14.44 | |
Inventory Turnover | 1.39 | 1.22 | 1.58 | 1.3 | 0.88 | 0.84 | |
Net Income Per Share | 12.96 | 12.4 | 10.34 | 12.18 | 12.56 | 13.18 | |
Days Of Inventory On Hand | 300.31 | 230.71 | 231.08 | 280.9 | 412.84 | 217.1 | |
Payables Turnover | 3.18 | 4.33 | 4.72 | 4.08 | 5.29 | 2.98 | |
Capex To Revenue | 0.0265 | 0.0239 | 0.0339 | 0.0356 | 0.0394 | 0.0375 | |
Cash Per Share | 14.73 | 18.17 | 14.1 | 17.3 | 40.91 | 42.96 | |
Pocfratio | 15.94 | 12.84 | 13.85 | 14.54 | 18.19 | 24.53 | |
Interest Coverage | 7.51 | 4.59 | 5.02 | 3.79 | 2.75 | 2.61 | |
Payout Ratio | 1.7 | 0.42 | 0.45 | 0.52 | 0.68 | 0.64 | |
Capex To Operating Cash Flow | 0.0675 | 0.0579 | 0.095 | 0.0963 | 0.13 | 0.22 | |
Pfcf Ratio | 17.09 | 13.62 | 15.3 | 16.08 | 20.94 | 28.6 | |
Days Payables Outstanding | 114.88 | 84.21 | 77.25 | 89.57 | 68.97 | 131.01 | |
Income Quality | 1.17 | 1.45 | 1.57 | 1.48 | 1.26 | 1.1 | |
Roe | 0.81 | 0.77 | 0.88 | 1.79 | 1.08 | 1.13 | |
Ev To Operating Cash Flow | 13.78 | 18.55 | 15.38 | 17.76 | 24.53 | 26.22 | |
Pe Ratio | 18.6 | 18.55 | 21.76 | 21.57 | 22.94 | 21.79 | |
Ev To Free Cash Flow | 19.89 | 16.33 | 18.32 | 19.65 | 28.23 | 30.51 | |
Earnings Yield | 0.0538 | 0.0539 | 0.046 | 0.0464 | 0.0436 | 0.0302 | |
Intangibles To Total Assets | 0.33 | 0.57 | 0.5 | 0.49 | 0.53 | 0.47 | |
Net Debt To E B I T D A | 2.09 | 1.89 | 2.07 | 2.02 | 2.59 | 3.65 | |
Current Ratio | 1.44 | 1.81 | 1.59 | 1.41 | 1.65 | 1.57 | |
Tangible Book Value Per Share | (40.4) | (37.32) | (41.0) | (51.95) | (84.18) | (79.97) | |
Receivables Turnover | 5.76 | 5.62 | 5.31 | 4.73 | 3.55 | 3.37 | |
Graham Number | 68.29 | 66.92 | 52.29 | 43.18 | 57.36 | 60.23 |
Pair Trading with Amgen
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amgen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amgen will appreciate offsetting losses from the drop in the long position's value.Moving together with Amgen Stock
Moving against Amgen Stock
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The ability to find closely correlated positions to Amgen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amgen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amgen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amgen Inc to buy it.
The correlation of Amgen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amgen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amgen Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amgen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amgen Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amgen. If investors know Amgen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amgen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.621 | Dividend Share 8.88 | Earnings Share 7.83 | Revenue Per Share 60.641 | Quarterly Revenue Growth 0.232 |
The market value of Amgen Inc is measured differently than its book value, which is the value of Amgen that is recorded on the company's balance sheet. Investors also form their own opinion of Amgen's value that differs from its market value or its book value, called intrinsic value, which is Amgen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amgen's market value can be influenced by many factors that don't directly affect Amgen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amgen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amgen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amgen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.