Amgen Inc. (AMGN) Enterprise Value (EV): $221.57B
The enterprise value (EV) for Amgen Inc. (AMGN) is $221.57B as of Tuesday, June 9, 2026.
AMGN Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$221.57B
AMGN Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| Amgen Inc. (AMGN) | — | $221.57B |
| Thermo Fisher Scientific Inc. (TMO) | $183.61B | $248.87B |
| Abbott Laboratories (ABT) | $158.94B | $225.43B |
| Gilead Sciences, Inc. (GILD) | $155.82B | $169.72B |
| Intuitive Surgical, Inc. (ISRG) | $151.09B | $199.07B |
| Pfizer Inc. (PFE) | $146.48B | $207.77B |
| Danaher Corporation (DHR) | $133.37B | $175.72B |
| CVS Health Corporation (CVS) | $123.84B | $185.63B |
| Bristol-Myers Squibb Company (BMY) | $115.34B | $147.02B |
| Vertex Pharmaceuticals Incorporated (VRTX) | $113.14B | $114.72B |
Enterprise Value Calculation
Market Cap
$185.96B
Total Debt
$54.60B
Cash
$9.13B
Enterprise Value
$221.57B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Amgen Inc. Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Amgen Inc. Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for Amgen Inc. (AMGN)?
- The enterprise value (EV) for AMGN stock is $221.57B.
Related Metrics
About Amgen Inc.
Amgen Inc., established in 1980 and headquartered in Thousand Oaks, California, is a global biotechnology leader focused on discovering, developing, manufacturing, and delivering groundbreaking human medicines. The company's scientific endeavors span several critical therapeutic categories, including inflammatory conditions, oncology and hematology, bone health, cardiovascular diseases, nephrology, and neuroscience. Its extensive portfolio features a range of significant pharmaceutical products. Notable examples include Enbrel, prescribed for conditions like plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Neulasta, which helps cancer patients by reducing the risk of infection linked to a low white blood cell count; Prolia, utilized in postmenopausal women to combat osteoporosis; and Xgeva, designed to prevent skeletal-related complications. Otezla offers relief for adult patients suffering from plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet's disease. Aranesp addresses anemia and low red blood cell counts, while KYPROLIS is employed to treat patients with relapsed or refractory multiple myeloma. Furthermore, Repatha plays a vital role in lowering the incidence of major cardiovascular events such as myocardial infarction, stroke, and coronary revascularization. Amgen's comprehensive product lineup also encompasses Nplate, Vectibix, MVASI, Parsabiv, EPOGEN, KANJINTI, BLINCYTO, Aimovig, EVENITY, AMGEVITATM, Sensipar/Mimpara, NEUPOGEN, IMLYGIC, Corlanor, and AVSOLA. The company distributes its therapies worldwide, primarily serving healthcare providers, including physicians and their clinics, dialysis centers, hospitals, and pharmacies. Distribution is facilitated through pharmaceutical wholesale distributors, complemented by direct-to-consumer channels. Amgen actively engages in strategic collaborations. It has partnered with entities such as Novartis Pharma AG, UCB, Bayer HealthCare LLC, BeiGene, Ltd., Eli Lilly and Company, Datos Health, and Verastem, Inc., to jointly assess VS-6766 when combined with lumakrastm (Sotorasib) in patients with KRAS G12C-mutant non-small cell lung cancer. Another key alliance involves Kyowa Kirin Co., Ltd., for the co-development and commercialization of KHK4083, a Phase 3-ready anti-OX40 fully human monoclonal antibody targeting atopic dermatitis and other autoimmune conditions. Additionally, Amgen maintains research and development partnerships with Neumora Therapeutics, Inc. and Plexium, Inc.
- Sector
- Healthcare
- Industry
- Drug Manufacturers - General
- CEO
- Robert A. Bradway