Amgen Inc. (AMGN) EV/EBITDA Ratio: 13.28x
Is Amgen Inc.’s EV/EBITDA ratio high or low?
Amgen Inc.'s EV/EBITDA ratio of 13.28x is in line with its 5-year average of 13.96x, around the middle of its 5-year range (10.20x–19.97x).
The EV/EBITDA ratio for Amgen Inc. (AMGN) is 13.28x as of Wednesday, June 10, 2026. It is above its 12-month average by 0.25% (13.25x).
AMGN EV/EBITDA Ratio Chart
AMGN Average EV/EBITDA Ratio Chart
AMGN Current vs Average EV/EBITDA Ratio Chart
AMGN EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
13.28x
EV/EBITDA RATIO AVG TTM
13.25x
EV/EBITDA RATIO AVG 3Y
14.20x
EV/EBITDA RATIO AVG 5Y
13.96x
EV/EBITDA RATIO AVG 10Y
13.14x
EV/EBITDA RATIO AVG 15Y
13.42x
EV/EBITDA RATIO AVG 20Y
12.73x
CURRENT VS TTM AVG
+0.25%
CURRENT VS 3Y AVG
-6.46%
CURRENT VS 5Y AVG
-4.87%
CURRENT VS 10Y AVG
+1.09%
CURRENT VS 15Y AVG
-1.05%
CURRENT VS 20Y AVG
+4.33%
AMGN Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Amgen Inc. (AMGN) | $183.75B | 13.28x | 13.25x | 14.20x | 13.96x |
| Thermo Fisher Scientific Inc. (TMO) | $179.45B | 19.72x | 19.74x | 20.47x | 20.32x |
| Abbott Laboratories (ABT) | $154.66B | 16.88x | 18.72x | 19.30x | 18.58x |
| Gilead Sciences, Inc. (GILD) | $151.21B | 12.54x | 14.17x | 17.98x | 15.97x |
| Intuitive Surgical, Inc. (ISRG) | $146.44B | 39.06x | 52.49x | 59.81x | 55.90x |
| Pfizer Inc. (PFE) | $146.36B | 12.38x | 10.50x | 15.94x | 13.74x |
| Danaher Corporation (DHR) | $130.25B | 21.52x | 23.46x | 23.88x | 22.36x |
| CVS Health Corporation (CVS) | $125.16B | 17.45x | 14.88x | 11.86x | 12.00x |
| Bristol-Myers Squibb Company (BMY) | $114.14B | 10.82x | 9.64x | 16.60x | 15.48x |
| Vertex Pharmaceuticals Incorporated (VRTX) | $110.77B | 20.92x | 22.99x | 82.30x | 54.94x |
EV/EBITDA vs. its own history
At 13.3, EV/EBITDA is in its normal range — richer than 62% of its 20-year range.
20-year low
7.9
median
12.7
20-year high
20.0
Understanding EV/EBITDA
Enterprise Value (EV) = Market Cap + Total Debt - Cash
EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization
EV/EBITDA is commonly used for comparing companies because:
- It accounts for debt levels (capital structure neutral)
- It removes effects of different depreciation policies
- It can be compared across countries with different tax rates
- It can remain available when net income is negative, if EBITDA is positive
Amgen Inc. EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Amgen Inc. EV/EBITDA Ratio FAQ
- What is the EV/EBITDA ratio for Amgen Inc. (AMGN)?
- The EV/EBITDA ratio for AMGN stock is 13.28x.
- Is Amgen Inc.'s EV/EBITDA ratio high or low?
- Amgen Inc.'s EV/EBITDA ratio of 13.28x is in line with its 5-year average of 13.96x, around the middle of its 5-year range (10.20x–19.97x).
- What is the TTM average EV/EBITDA ratio for Amgen Inc. (AMGN)?
- The TTM average EV/EBITDA ratio for AMGN stock is 13.25x.
- What is the 3Y average EV/EBITDA ratio for Amgen Inc. (AMGN)?
- The 3Y average EV/EBITDA ratio for AMGN stock is 14.20x.
- What is the 5Y average EV/EBITDA ratio for Amgen Inc. (AMGN)?
- The 5Y average EV/EBITDA ratio for AMGN stock is 13.96x.
- What is the 10Y average EV/EBITDA ratio for Amgen Inc. (AMGN)?
- The 10Y average EV/EBITDA ratio for AMGN stock is 13.14x.
- What is the 15Y average EV/EBITDA ratio for Amgen Inc. (AMGN)?
- The 15Y average EV/EBITDA ratio for AMGN stock is 13.42x.
- What is the 20Y average EV/EBITDA ratio for Amgen Inc. (AMGN)?
- The 20Y average EV/EBITDA ratio for AMGN stock is 12.73x.
Amgen Inc. EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-10 | 13.28x |
| 2026-06-09 | 13.42x |
| 2026-06-08 | 13.45x |
| 2026-06-05 | 13.57x |
| 2026-06-04 | 13.45x |
| 2026-06-03 | 13.22x |
| 2026-06-02 | 12.91x |
| 2026-06-01 | 12.93x |
| 2026-05-29 | 13.17x |
| 2026-05-28 | 13.16x |
| 2026-05-27 | 13.15x |
| 2026-05-26 | 13.15x |
| 2026-05-22 | 13.25x |
| 2026-05-21 | 13.19x |
| 2026-05-20 | 13.01x |
| 2026-05-19 | 12.98x |
| 2026-05-18 | 12.78x |
| 2026-05-15 | 12.85x |
| 2026-05-14 | 13.16x |
| 2026-05-13 | 13.16x |
| 2026-05-12 | 13.16x |
| 2026-05-11 | 12.95x |
| 2026-05-08 | 13.01x |
| 2026-05-07 | 12.93x |
| 2026-05-06 | 13.00x |
| 2026-05-05 | 12.95x |
| 2026-05-04 | 12.77x |
| 2026-05-01 | 12.96x |
| 2026-04-30 | 13.47x |
| 2026-04-29 | 12.26x |
| 2026-04-28 | 12.30x |
| 2026-04-27 | 12.32x |
| 2026-04-24 | 12.45x |
| 2026-04-23 | 12.56x |
| 2026-04-22 | 12.49x |
| 2026-04-21 | 12.45x |
| 2026-04-20 | 12.61x |
| 2026-04-17 | 12.76x |
| 2026-04-16 | 12.59x |
| 2026-04-15 | 12.55x |
| 2026-04-14 | 12.63x |
| 2026-04-13 | 12.60x |
| 2026-04-10 | 12.63x |
| 2026-04-09 | 12.77x |
| 2026-04-08 | 12.60x |
| 2026-04-07 | 12.31x |
| 2026-04-06 | 12.39x |
| 2026-04-02 | 12.54x |
| 2026-04-01 | 12.70x |
| 2026-03-31 | 12.66x |
| 2026-03-30 | 12.57x |
| 2026-03-27 | 12.57x |
| 2026-03-26 | 12.70x |
| 2026-03-25 | 12.72x |
| 2026-03-24 | 12.56x |
| 2026-03-23 | 12.60x |
| 2026-03-20 | 12.54x |
| 2026-03-19 | 12.60x |
| 2026-03-18 | 12.65x |
| 2026-03-17 | 12.93x |
| 2026-03-16 | 13.08x |
| 2026-03-13 | 13.07x |
| 2026-03-12 | 13.12x |
| 2026-03-11 | 13.41x |
| 2026-03-10 | 13.34x |
| 2026-03-09 | 13.39x |
| 2026-03-06 | 13.17x |
| 2026-03-05 | 13.12x |
| 2026-03-04 | 13.45x |
| 2026-03-03 | 13.39x |
| 2026-03-02 | 13.64x |
| 2026-02-27 | 13.71x |
| 2026-02-26 | 13.46x |
| 2026-02-25 | 13.60x |
| 2026-02-24 | 13.56x |
| 2026-02-23 | 13.46x |
| 2026-02-20 | 13.32x |
| 2026-02-19 | 13.34x |
| 2026-02-18 | 13.47x |
| 2026-02-17 | 13.28x |
| 2026-02-13 | 13.16x |
| 2026-02-12 | 14.73x |
| 2026-02-11 | 14.74x |
| 2026-02-10 | 14.68x |
| 2026-02-09 | 15.05x |
| 2026-02-06 | 15.32x |
| 2026-02-05 | 14.78x |
| 2026-02-04 | 14.73x |
| 2026-02-03 | 13.83x |
| 2026-02-02 | 14.02x |
| 2026-01-30 | 13.93x |
| 2026-01-29 | 13.97x |
| 2026-01-28 | 13.94x |
| 2026-01-27 | 14.24x |
| 2026-01-26 | 14.19x |
| 2026-01-23 | 14.03x |
| 2026-01-22 | 14.10x |
| 2026-01-21 | 13.99x |
| 2026-01-20 | 13.58x |
| 2026-01-16 | 13.56x |
| 2026-01-15 | 13.54x |
| 2026-01-14 | 13.51x |
| 2026-01-13 | 13.36x |
| 2026-01-12 | 13.40x |
| 2026-01-09 | 13.42x |
| 2026-01-08 | 13.55x |
| 2026-01-07 | 13.93x |
| 2026-01-06 | 13.55x |
| 2026-01-05 | 13.24x |
| 2026-01-02 | 13.47x |
| 2025-12-31 | 13.46x |
| 2025-12-30 | 13.50x |
| 2025-12-29 | 13.53x |
| 2025-12-26 | 13.64x |
| 2025-12-24 | 13.67x |
| 2025-12-23 | 13.59x |
| 2025-12-22 | 13.59x |
| 2025-12-19 | 13.46x |
| 2025-12-18 | 13.36x |
| 2025-12-17 | 13.41x |
| 2025-12-16 | 13.44x |
| 2025-12-15 | 13.39x |
| 2025-12-12 | 13.14x |
| 2025-12-11 | 13.13x |
| 2025-12-10 | 13.06x |
| 2025-12-09 | 13.01x |
| 2025-12-08 | 13.26x |
| 2025-12-05 | 13.54x |
| 2025-12-04 | 13.88x |
| 2025-12-03 | 14.05x |
| 2025-12-02 | 13.82x |
| 2025-12-01 | 13.79x |
| 2025-11-28 | 14.05x |
| 2025-11-26 | 14.02x |
| 2025-11-25 | 13.91x |
| 2025-11-24 | 13.68x |
| 2025-11-21 | 13.79x |
| 2025-11-20 | 13.74x |
| 2025-11-19 | 13.95x |
| 2025-11-18 | 14.00x |
| 2025-11-17 | 13.93x |
| 2025-11-14 | 13.76x |
| 2025-11-13 | 13.74x |
| 2025-11-12 | 13.75x |
| 2025-11-11 | 13.82x |
| 2025-11-10 | 13.34x |
| 2025-11-07 | 13.22x |
| 2025-11-06 | 13.07x |
| 2025-11-05 | 13.21x |
| 2025-11-04 | 12.45x |
| 2025-11-03 | 13.11x |
| 2025-10-31 | 13.18x |
| 2025-10-30 | 12.97x |
| 2025-10-29 | 12.96x |
| 2025-10-28 | 12.97x |
| 2025-10-27 | 12.94x |
| 2025-10-24 | 12.96x |
| 2025-10-23 | 13.00x |
| 2025-10-22 | 13.10x |
| 2025-10-21 | 13.28x |
| 2025-10-20 | 13.35x |
| 2025-10-17 | 13.20x |
| 2025-10-16 | 13.10x |
| 2025-10-15 | 13.15x |
| 2025-10-14 | 13.03x |
| 2025-10-13 | 12.98x |
| 2025-10-10 | 12.90x |
| 2025-10-09 | 13.08x |
| 2025-10-08 | 13.06x |
| 2025-10-07 | 13.09x |
| 2025-10-06 | 13.04x |
| 2025-10-03 | 13.17x |
| 2025-10-02 | 13.15x |
| 2025-10-01 | 13.19x |
| 2025-09-30 | 12.63x |
| 2025-09-29 | 12.35x |
| 2025-09-26 | 12.32x |
| 2025-09-25 | 12.26x |
| 2025-09-24 | 12.53x |
| 2025-09-23 | 12.79x |
| 2025-09-22 | 12.76x |
| 2025-09-19 | 12.74x |
| 2025-09-18 | 12.42x |
| 2025-09-17 | 12.38x |
| 2025-09-16 | 12.32x |
| 2025-09-15 | 12.37x |
| 2025-09-12 | 12.43x |
| 2025-09-11 | 12.65x |
| 2025-09-10 | 12.51x |
| 2025-09-09 | 12.56x |
| 2025-09-08 | 12.56x |
| 2025-09-05 | 12.68x |
| 2025-09-04 | 12.56x |
| 2025-09-03 | 12.69x |
| 2025-09-02 | 12.79x |
| 2025-08-29 | 12.82x |
| 2025-08-28 | 12.75x |
| 2025-08-27 | 12.83x |
| 2025-08-26 | 12.88x |
| 2025-08-25 | 12.85x |
| 2025-08-22 | 13.02x |
| 2025-08-21 | 13.09x |
| 2025-08-20 | 13.12x |
| 2025-08-19 | 13.09x |
| 2025-08-18 | 12.99x |
| 2025-08-15 | 13.12x |
| 2025-08-14 | 12.91x |
| 2025-08-13 | 12.88x |
| 2025-08-12 | 12.73x |
| 2025-08-11 | 12.73x |
| 2025-08-08 | 12.84x |
| 2025-08-07 | 12.72x |
| 2025-08-06 | 12.72x |
| 2025-08-05 | 13.24x |
| 2025-08-04 | 13.87x |
| 2025-08-01 | 13.69x |
| 2025-07-31 | 13.62x |
| 2025-07-30 | 13.85x |
| 2025-07-29 | 13.92x |
| 2025-07-28 | 13.84x |
| 2025-07-25 | 14.03x |
| 2025-07-24 | 14.10x |
| 2025-07-23 | 14.12x |
| 2025-07-22 | 14.00x |
| 2025-07-21 | 13.65x |
| 2025-07-18 | 13.61x |
| 2025-07-17 | 13.73x |
| 2025-07-16 | 13.76x |
| 2025-07-15 | 13.53x |
| 2025-07-14 | 13.69x |
| 2025-07-11 | 13.63x |
| 2025-07-10 | 13.81x |
| 2025-07-09 | 13.67x |
| 2025-07-08 | 13.69x |
| 2025-07-07 | 13.55x |
| 2025-07-03 | 13.73x |
| 2025-07-02 | 13.69x |
| 2025-07-01 | 13.46x |
| 2025-06-30 | 13.06x |
| 2025-06-27 | 12.99x |
| 2025-06-26 | 13.06x |
| 2025-06-25 | 13.10x |
| 2025-06-24 | 13.00x |
| 2025-06-23 | 12.82x |
| 2025-06-20 | 13.42x |
| 2025-06-18 | 13.43x |
| 2025-06-17 | 13.44x |
| 2025-06-16 | 13.64x |
| 2025-06-13 | 13.63x |
| 2025-06-12 | 13.70x |
| 2025-06-11 | 13.51x |
| 2025-06-10 | 13.56x |
| 2025-06-09 | 13.44x |
| 2025-06-06 | 13.45x |
| 2025-06-05 | 13.34x |
| 2025-06-04 | 13.34x |
| 2025-06-03 | 13.43x |
| 2025-06-02 | 13.39x |
| 2025-05-30 | 13.38x |
| 2025-05-29 | 13.21x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
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