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Amgen Inc. (AMGN)
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Amgen Inc. (AMGN) Interest Coverage Ratio: 3.88x

The interest coverage ratio for Amgen Inc. (AMGN) is 3.88x as of Thursday, June 11, 2026.

AMGN Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

3.88x

AMGN Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Amgen Inc. (AMGN)$188.37B3.88xN/AN/AN/A
Thermo Fisher Scientific Inc. (TMO)$176.21B5.71x5.17x6.77x10.10x
Gilead Sciences, Inc. (GILD)$156.35B11.43x6.56x7.26x7.18x
Abbott Laboratories (ABT)$155.75B23.60x17.46x17.67x16.77x
Pfizer Inc. (PFE)$149.61B5.78x5.55x10.96x11.04x
Intuitive Surgical, Inc. (ISRG)$144.79BN/A55.58x55.58x55.58x
CVS Health Corporation (CVS)$126.70B3.33x3.10x3.72x4.16x
Danaher Corporation (DHR)$126.39B19.38x19.02x23.18x23.65x
Bristol-Myers Squibb Company (BMY)$116.13B8.41x6.69x7.04x6.41x
Vertex Pharmaceuticals Incorporated (VRTX)$110.59B357.95x357.95x174.48x123.56x

Financial Health Indicators

Interest Coverage

3.9x

Debt/Equity

6.31

Current Ratio

1.14

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Amgen Inc. Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Amgen Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for Amgen Inc. (AMGN)?
The interest coverage ratio for AMGN stock is 3.88x.

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