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

AMGN leads on 15 of 17 compared metrics.

A side-by-side comparison of Amgen Inc. and Danaher Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — AMGN vs DHR

growth of $100 · last 30y
AMGN +2239.8%DHR +5179.3%DHR compounded faster
02k4k6k8kStart $100200120062011201620212026$2,340$5,279
AMGN DHR

AMGN vs DHR: by the numbers

  • AMGN is the larger company ($187.59B vs $128.06B market cap).
  • AMGN trades at the lower earnings multiple (24.21 vs 35.08 P/E).
  • AMGN converts more revenue to profit (20.95% vs 14.89% net margin).
  • AMGN grew revenue faster over the past five years (8.15% vs 2.05% CAGR).
  • AMGN pays the higher dividend yield (2.82% vs 0.75%).

Which is better, AMGN or DHR?

Metric tally: AMGN 15 · DHR 2

It depends on what you're optimizing for:

ValueAMGN(lower P/E)
GrowthAMGN(faster 5Y revenue CAGR)
IncomeAMGN(higher dividend yield)
QualityAMGN(higher ROIC)

Metrics side by side

Valuation

MetricAMGNDHR
P/E ratio24.2135.08
Forward P/E14.8319.93
P/S ratio5.085.21
P/B ratio20.592.44
PEG ratio0.2687.69
EV / EBITDA14.0521.34
FCF yield4.54%4.10%

Profitability

MetricAMGNDHR
Gross margin71.46%60.68%
Operating margin31.63%20.95%
Net margin20.95%14.89%
ROE84.87%6.97%
ROIC13.16%5.72%

Dividends

MetricAMGNDHR
Dividend yield2.82%0.75%
Payout ratio68.39%26.82%

Growth (annualized)

MetricAMGNDHR
Revenue CAGR (5Y)8.15%2.05%
EPS CAGR (5Y)2.94%0.40%
FCF CAGR (5Y)-2.66%-0.45%
Total return CAGR (5Y)11.05%-4.05%

Frequently asked

Which is better, AMGN or DHR?
It depends on your goal. value: AMGN (lower P/E); growth: AMGN (faster 5Y revenue CAGR); income: AMGN (higher dividend yield); quality: AMGN (higher ROIC). Across all compared metrics, AMGN leads 15 to 2.
Is AMGN or DHR cheaper?
On trailing earnings, AMGN is cheaper: AMGN trades at a 24.21 P/E and DHR at 35.08.
Which has grown faster, AMGN or DHR?
Over the past five years, AMGN grew revenue faster — AMGN at a 8.15% CAGR versus DHR at 2.05%.
Does AMGN or DHR pay a bigger dividend?
AMGN yields 2.82% and DHR yields 0.75% based on trailing dividends and the latest price.
Is AMGN or DHR more profitable?
AMGN runs the higher net margin — AMGN at 20.95% versus DHR at 14.89%.
Which has been the better investment, AMGN or DHR?
Over the past 10-year, AMGN delivered the higher annualized total return — AMGN at 12.07% versus DHR at 11.22%. 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 June 17, 2026.