Amgen Inc. (AMGN) vs UnitedHealth Group Incorporated (UNH)
A side-by-side comparison of Amgen Inc. and UnitedHealth Group Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.
AMGN
Amgen Inc.
$385.16HealthcareDelayed quote: Jul 31, 2026, 4:00 PM EDT
UNH
UnitedHealth Group Incorporated
$414.40HealthcareDelayed quote: Jul 31, 2026, 4:00 PM EDT
Total return — AMGN vs UNH
growth of $100 · dividends reinvested · last 30yAMGN +4125.1%UNH +12999.1%UNH compounded faster
AMGN UNH
AMGN vs UNH: by the numbers
- •UNH is the larger company ($376.34B vs $207.87B market cap).
- •AMGN trades at the lower trailing earnings multiple (26.98 vs 27.10 P/E), one valuation lens rather than an overall verdict.
- •AMGN converts more revenue to profit (20.95% vs 3.14% net margin).
- •UNH grew revenue faster over the past five years (10.59% vs 8.15% CAGR).
- •AMGN pays the higher dividend yield (2.53% vs 2.12%).
Metrics side by side
Valuation
| Metric | AMGN | UNH |
|---|---|---|
| P/E ratio | 26.98 | 27.10 |
| Forward P/E | 17.34 | 21.38 |
| P/S ratio | 5.66 | 0.85 |
| P/B ratio | 22.95 | 3.65 |
| PEG ratio | 0.26 | N/A |
| EV / EBITDA | 15.36 | 16.32 |
| FCF yield | 4.08% | 6.18% |
Profitability
| Metric | AMGN | UNH |
|---|---|---|
| Gross margin | 71.46% | 22.49% |
| Operating margin | 31.63% | 4.82% |
| Net margin | 20.95% | 3.14% |
| ROE | 84.87% | 13.51% |
| ROIC | 13.16% | 8.23% |
Dividends
| Metric | AMGN | UNH |
|---|---|---|
| Dividend yield | 2.53% | 2.12% |
| Payout ratio | 68.39% | 67.65% |
Growth (annualized)
| Metric | AMGN | UNH |
|---|---|---|
| Revenue CAGR (5Y) | 8.15% | 10.59% |
| EPS CAGR (5Y) | 2.94% | -4.06% |
| FCF CAGR (5Y) | -2.66% | -4.39% |
| Total return CAGR (5Y) | 13.44% | 2.09% |
Frequently asked
- Which has the lower trailing P/E, AMGN or UNH?
- AMGN has the lower trailing P/E: AMGN trades at 26.98 and UNH at 27.10. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AMGN or UNH?
- Over the past five years, UNH grew revenue faster — AMGN at a 8.15% CAGR versus UNH at 10.59%.
- Does AMGN or UNH pay a bigger dividend?
- AMGN yields 2.53% and UNH yields 2.12% based on trailing dividends and the latest price.
- Is AMGN or UNH more profitable?
- AMGN runs the higher net margin — AMGN at 20.95% versus UNH at 3.14%.
- How have AMGN and UNH total returns compared?
- Over the past 10 years, AMGN delivered 11.74% and UNH delivered 13.17% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Amgen P/E ratioUnitedHealth P/E ratioAmgen dividend yieldUnitedHealth dividend yieldAmgen ROEUnitedHealth ROEAmgen operating marginUnitedHealth operating marginAmgen revenue growthUnitedHealth revenue growthAmgen free cash flowUnitedHealth free cash flow
Amgen & UnitedHealth appear in these rankings
Highest Dividend Yield StocksHighest ROE StocksHighest Operating Margin StocksHighest FCF Yield Stocks
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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 July 31, 2026.