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Amgen Inc. (AMGN) EV/FCF Ratio: 26.79x

Is Amgen Inc.’s EV/FCF ratio high or low?

Amgen Inc.'s EV/FCF ratio of 26.79x is 19% above its 5-year average of 22.49x, around the middle of its 5-year range (15.61x–43.03x).

The EV/FCF ratio for Amgen Inc. (AMGN) is 26.79x as of Wednesday, June 10, 2026. It is above its 12-month average by 19.92% (22.34x).

AMGN EV/FCF Ratio Chart

AMGN EV/FCF Ratio
26.79x+41.07% 1Y
Zoom

AMGN Average EV/FCF Ratio Chart

AMGN Current vs Average EV/FCF Ratio Chart

AMGN EV/FCF Ratio Metrics

EV/FCF RATIO

26.79x

EV/FCF RATIO AVG TTM

22.34x

EV/FCF RATIO AVG 3Y

24.94x

EV/FCF RATIO AVG 5Y

22.49x

EV/FCF RATIO AVG 10Y

19.29x

EV/FCF RATIO AVG 15Y

18.90x

EV/FCF RATIO AVG 20Y

17.92x

CURRENT VS TTM AVG

+19.92%

CURRENT VS 3Y AVG

+7.42%

CURRENT VS 5Y AVG

+19.13%

CURRENT VS 10Y AVG

+38.85%

CURRENT VS 15Y AVG

+41.78%

CURRENT VS 20Y AVG

+49.51%

AMGN Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
Amgen Inc. (AMGN)26.79x22.34x24.94x22.49x
Thermo Fisher Scientific Inc. (TMO)$179.45B32.61x35.72x34.62x34.75x
Abbott Laboratories (ABT)$154.66B24.72x31.00x34.91x31.02x
Gilead Sciences, Inc. (GILD)$151.21B16.34x18.52x16.04x14.51x
Intuitive Surgical, Inc. (ISRG)$146.44B51.80x79.78x160.45x125.16x
Pfizer Inc. (PFE)$146.36B22.12x19.75x27.32x21.37x
Danaher Corporation (DHR)$130.25B27.20x31.97x32.30x30.49x
CVS Health Corporation (CVS)$125.16B26.28x27.81x26.94x21.12x
Bristol-Myers Squibb Company (BMY)$114.14B12.52x10.43x11.38x12.31x
Vertex Pharmaceuticals Incorporated (VRTX)$110.77B29.24x32.27x28.31x25.03x

Cash Flow Valuation Comparison

EV/FCF

26.8x

P/FCF

21.5x

FCF Yield

4.65%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

Amgen Inc. EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Amgen Inc. EV/FCF Ratio FAQ

What is the EV/FCF ratio for Amgen Inc. (AMGN)?
The EV/FCF ratio for AMGN stock is 26.79x.
Is Amgen Inc.'s EV/FCF ratio high or low?
Amgen Inc.'s EV/FCF ratio of 26.79x is 19% above its 5-year average of 22.49x, around the middle of its 5-year range (15.61x–43.03x).
What is the TTM average EV/FCF ratio for Amgen Inc. (AMGN)?
The TTM average EV/FCF ratio for AMGN stock is 22.34x.
What is the 3Y average EV/FCF ratio for Amgen Inc. (AMGN)?
The 3Y average EV/FCF ratio for AMGN stock is 24.94x.
What is the 5Y average EV/FCF ratio for Amgen Inc. (AMGN)?
The 5Y average EV/FCF ratio for AMGN stock is 22.49x.
What is the 10Y average EV/FCF ratio for Amgen Inc. (AMGN)?
The 10Y average EV/FCF ratio for AMGN stock is 19.29x.
What is the 15Y average EV/FCF ratio for Amgen Inc. (AMGN)?
The 15Y average EV/FCF ratio for AMGN stock is 18.90x.
What is the 20Y average EV/FCF ratio for Amgen Inc. (AMGN)?
The 20Y average EV/FCF ratio for AMGN stock is 17.92x.

Amgen Inc. EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-1026.79x
2026-06-0927.07x
2026-06-0827.14x
2026-06-0527.39x
2026-06-0427.14x
2026-06-0326.67x
2026-06-0226.04x
2026-06-0126.09x
2026-05-2926.58x
2026-05-2826.56x
2026-05-2726.53x
2026-05-2626.53x
2026-05-2226.74x
2026-05-2126.62x
2026-05-2026.25x
2026-05-1926.20x
2026-05-1825.79x
2026-05-1525.92x
2026-05-1426.54x
2026-05-1326.56x
2026-05-1226.55x
2026-05-1126.12x
2026-05-0826.26x
2026-05-0726.09x
2026-05-0626.22x
2026-05-0526.12x
2026-05-0425.76x
2026-05-0126.14x
2026-04-3027.18x
2026-04-2928.27x
2026-04-2828.38x
2026-04-2728.42x
2026-04-2428.71x
2026-04-2328.98x
2026-04-2228.80x
2026-04-2128.73x
2026-04-2029.09x
2026-04-1729.43x
2026-04-1629.04x
2026-04-1528.96x
2026-04-1429.14x
2026-04-1329.07x
2026-04-1029.15x
2026-04-0929.45x
2026-04-0829.06x
2026-04-0728.41x
2026-04-0628.58x
2026-04-0228.94x
2026-04-0129.30x
2026-03-3129.20x
2026-03-3029.01x
2026-03-2728.99x
2026-03-2629.29x
2026-03-2529.34x
2026-03-2428.97x
2026-03-2329.06x
2026-03-2028.93x
2026-03-1929.07x
2026-03-1829.18x
2026-03-1729.82x
2026-03-1630.17x
2026-03-1330.16x
2026-03-1230.27x
2026-03-1130.93x
2026-03-1030.78x
2026-03-0930.89x
2026-03-0630.39x
2026-03-0530.26x
2026-03-0431.04x
2026-03-0330.89x
2026-03-0231.47x
2026-02-2731.64x
2026-02-2631.04x
2026-02-2531.38x
2026-02-2431.28x
2026-02-2331.05x
2026-02-2030.74x
2026-02-1930.79x
2026-02-1831.07x
2026-02-1730.64x
2026-02-1330.36x
2026-02-1221.11x
2026-02-1121.13x
2026-02-1021.04x
2026-02-0921.56x
2026-02-0621.96x
2026-02-0521.19x
2026-02-0421.11x
2026-02-0319.82x
2026-02-0220.10x
2026-01-3019.97x
2026-01-2920.02x
2026-01-2819.99x
2026-01-2720.41x
2026-01-2620.34x
2026-01-2320.11x
2026-01-2220.21x
2026-01-2120.05x
2026-01-2019.46x
2026-01-1619.43x
2026-01-1519.41x
2026-01-1419.36x
2026-01-1319.14x
2026-01-1219.20x
2026-01-0919.23x
2026-01-0819.42x
2026-01-0719.96x
2026-01-0619.42x
2026-01-0518.98x
2026-01-0219.30x
2025-12-3119.29x
2025-12-3019.35x
2025-12-2919.40x
2025-12-2619.55x
2025-12-2419.60x
2025-12-2319.48x
2025-12-2219.48x
2025-12-1919.29x
2025-12-1819.15x
2025-12-1719.23x
2025-12-1619.26x
2025-12-1519.19x
2025-12-1218.84x
2025-12-1118.82x
2025-12-1018.73x
2025-12-0918.65x
2025-12-0819.00x
2025-12-0519.41x
2025-12-0419.89x
2025-12-0320.14x
2025-12-0219.81x
2025-12-0119.76x
2025-11-2820.14x
2025-11-2620.10x
2025-11-2519.93x
2025-11-2419.61x
2025-11-2119.77x
2025-11-2019.70x
2025-11-1920.00x
2025-11-1820.07x
2025-11-1719.96x
2025-11-1419.73x
2025-11-1319.69x
2025-11-1219.71x
2025-11-1119.81x
2025-11-1019.11x
2025-11-0718.95x
2025-11-0618.74x
2025-11-0518.94x
2025-11-0417.85x
2025-11-0319.66x
2025-10-3119.77x
2025-10-3019.44x
2025-10-2919.43x
2025-10-2819.44x
2025-10-2719.40x
2025-10-2419.43x
2025-10-2319.48x
2025-10-2219.64x
2025-10-2119.91x
2025-10-2020.02x
2025-10-1719.79x
2025-10-1619.63x
2025-10-1519.71x
2025-10-1419.53x
2025-10-1319.46x
2025-10-1019.34x
2025-10-0919.61x
2025-10-0819.57x
2025-10-0719.62x
2025-10-0619.55x
2025-10-0319.74x
2025-10-0219.71x
2025-10-0119.77x
2025-09-3018.94x
2025-09-2918.52x
2025-09-2618.47x
2025-09-2518.38x
2025-09-2418.79x
2025-09-2319.17x
2025-09-2219.13x
2025-09-1919.10x
2025-09-1818.61x
2025-09-1718.56x
2025-09-1618.47x
2025-09-1518.54x
2025-09-1218.64x
2025-09-1118.97x
2025-09-1018.75x
2025-09-0918.83x
2025-09-0818.84x
2025-09-0519.01x
2025-09-0418.83x
2025-09-0319.02x
2025-09-0219.18x
2025-08-2919.22x
2025-08-2819.11x
2025-08-2719.23x
2025-08-2619.32x
2025-08-2519.26x
2025-08-2219.53x
2025-08-2119.63x
2025-08-2019.67x
2025-08-1919.62x
2025-08-1819.47x
2025-08-1519.67x
2025-08-1419.35x
2025-08-1319.30x
2025-08-1219.08x
2025-08-1119.09x
2025-08-0819.25x
2025-08-0719.07x
2025-08-0619.06x
2025-08-0519.85x
2025-08-0419.42x
2025-08-0119.16x
2025-07-3119.08x
2025-07-3019.39x
2025-07-2919.50x
2025-07-2819.38x
2025-07-2519.65x
2025-07-2419.74x
2025-07-2319.78x
2025-07-2219.60x
2025-07-2119.11x
2025-07-1819.06x
2025-07-1719.23x
2025-07-1619.27x
2025-07-1518.95x
2025-07-1419.17x
2025-07-1119.08x
2025-07-1019.34x
2025-07-0919.15x
2025-07-0819.17x
2025-07-0718.97x
2025-07-0319.23x
2025-07-0219.16x
2025-07-0118.85x
2025-06-3018.29x
2025-06-2718.19x
2025-06-2618.28x
2025-06-2518.35x
2025-06-2418.20x
2025-06-2317.95x
2025-06-2018.79x
2025-06-1818.81x
2025-06-1718.83x
2025-06-1619.10x
2025-06-1319.08x
2025-06-1219.19x
2025-06-1118.91x
2025-06-1018.99x
2025-06-0918.82x
2025-06-0618.84x
2025-06-0518.68x
2025-06-0418.68x
2025-06-0318.80x
2025-06-0218.75x
2025-05-3018.73x
2025-05-2918.50x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

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.

Thousand Oaks, CA
28,000 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Robert A. Bradway