Amgen Inc. (AMGN) vs Danaher Corporation (DHR)

A side-by-side comparison of Amgen Inc. and Danaher Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAMGN vs DHR

growth of $100 · dividends reinvested · last 10y
AMGN +196.5% (+11.5%/yr)DHR +200.7% (+11.6%/yr)DHR compounded faster over this window
100200300400Start $10020182020202220242026$297$301
AMGN DHR

AMGN vs DHR: by the numbers

  • AMGN is the larger company ($202.74B vs $147.13B market cap).
  • AMGN trades at the lower trailing earnings multiple (23.35 vs 37.17 P/E), one valuation lens rather than an overall verdict.
  • AMGN converts more revenue to profit (22.93% vs 15.95% net margin).
  • AMGN grew revenue faster over the past five years (8.39% vs 1.97% CAGR).
  • AMGN pays the higher dividend yield (2.63% vs 0.72%).

Metrics side by side

Valuation

MetricAMGNDHR
P/E ratio23.3537.17
Forward P/E16.2824.61
P/S ratio5.325.86
P/B ratio17.352.80
EV / EBITDAN/A23.44
FCF yield5.02%3.72%

Profitability

MetricAMGNDHR
Gross margin72.65%58.51%
Operating margin33.18%20.42%
Net margin22.93%15.95%
ROE74.80%7.61%
ROIC14.22%5.03%

Dividends

MetricAMGNDHR
Dividend yield2.63%0.72%
Payout ratio61.78%25.58%

Growth (annualized)

MetricAMGNDHR
Revenue CAGR (5Y)8.39%1.97%
EPS CAGR (5Y)2.94%0.40%
FCF CAGR (5Y)-3.91%-2.83%
Total return CAGR (5Y)15.58%-6.85%

Frequently asked

Which has the lower trailing P/E, AMGN or DHR?
AMGN has the lower trailing P/E: AMGN trades at 23.35 and DHR at 37.17. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMGN or DHR?
Over the past five years, AMGN grew revenue faster — AMGN at a 8.39% CAGR versus DHR at 1.97%.
Does AMGN or DHR pay a bigger dividend?
AMGN yields 2.63% and DHR yields 0.72% based on trailing dividends and the latest price.
Is AMGN or DHR more profitable?
AMGN runs the higher net margin — AMGN at 22.93% versus DHR at 15.95%.
How have AMGN and DHR total returns compared?
Over the past 10 years, AMGN delivered 11.80% and DHR delivered 11.92% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.