Amgen Inc. (AMGN) vs UnitedHealth Group Incorporated (UNH)
AMGN leads on 12 of 16 compared metrics.
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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — AMGN vs UNH
growth of $100 · last 30yAMGN +2282.3%UNH +6127.4%UNH compounded faster
AMGN UNH
AMGN vs UNH: by the numbers
- •UNH is the larger company ($371.00B vs $191.70B market cap).
- •AMGN trades at the lower earnings multiple (24.72 vs 30.85 P/E).
- •AMGN converts more revenue to profit (20.95% vs 2.68% net margin).
- •UNH grew revenue faster over the past five years (11.33% vs 8.15% CAGR).
- •AMGN pays the higher dividend yield (2.76% vs 2.16%).
Which is better, AMGN or UNH?
Metric tally: AMGN 12 · UNH 4It depends on what you're optimizing for:
ValueAMGN(lower P/E)
GrowthUNH(faster 5Y revenue CAGR)
IncomeAMGN(higher dividend yield)
QualityAMGN(higher ROIC)
Valuation
| Metric | AMGN | UNH |
|---|---|---|
| P/E ratio | 24.72● | 30.85 |
| Forward P/E | 15.15● | 19.54 |
| P/S ratio | 5.19 | 0.83● |
| P/B ratio | 21.03 | 3.58● |
| PEG ratio | 0.26 | — |
| EV / EBITDA | 15.32● | 18.34 |
| FCF yield | 4.45% | 5.29%● |
Profitability
| Metric | AMGN | UNH |
|---|---|---|
| Gross margin | 71.46%● | 18.80% |
| Operating margin | 31.63%● | 4.19% |
| Net margin | 20.95%● | 2.68% |
| ROE | 84.87%● | 11.59% |
| ROIC | 13.16%● | 8.23% |
Dividends
| Metric | AMGN | UNH |
|---|---|---|
| Dividend yield | 2.76%● | 2.16% |
| Payout ratio | 68.39% | 66.82% |
Growth (annualized)
| Metric | AMGN | UNH |
|---|---|---|
| Revenue CAGR (5Y) | 8.15% | 11.33%● |
| EPS CAGR (5Y) | 2.94%● | -4.06% |
| FCF CAGR (5Y) | -2.66%● | -3.16% |
| Total return CAGR (5Y) | 11.36%● | 2.28% |
Frequently asked
- Which is better, AMGN or UNH?
- It depends on your goal. value: AMGN (lower P/E); growth: UNH (faster 5Y revenue CAGR); income: AMGN (higher dividend yield); quality: AMGN (higher ROIC). Across all compared metrics, AMGN leads 12 to 4.
- Is AMGN or UNH cheaper?
- On trailing earnings, AMGN is cheaper: AMGN trades at a 24.72 P/E and UNH at 30.85.
- 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 11.33%.
- Does AMGN or UNH pay a bigger dividend?
- AMGN yields 2.76% and UNH yields 2.16% 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 2.68%.
- Which has been the better investment, AMGN or UNH?
- Over the past 10-year, UNH delivered the higher annualized total return — AMGN at 11.94% versus UNH at 13.20%. 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 June 13, 2026.