This is the standing evidence sheet for Amgen (AMGN): the yardsticks BullScope computes from official SEC filings and market prices. It refreshes whenever a new edition of our research is published, and it is impersonal by design, every reader sees the same page. Nothing here is investment advice; it is the evidence, organized.
The price tag: what buyers pay per dollar of profit
Today the market pays about $29.1 for each $1 of Amgen’s annual profit (a price-to-earnings ratio of 29.1). Across its own past decade the typical price tag was 23.1, which puts today at roughly the 80th percentile of the company’s own history.
The tape: what the stock itself has done
- Last price: $412.84 (end-of-day market data as of the edition date · methodology) · 7% below its 52-week high
- Past 6 months: +17.6% · past 12 months: +42.3%
- Day-to-day temperament: jumpy (annualized volatility 29%)
The filed record: straight from the annual reports
| Fiscal year | Revenue | Growth | Operating margin | EPS |
|---|---|---|---|---|
| FY2021 | $26.0B | +2.2% | 29.4% | $10.28 |
| FY2022 | $26.3B | +1.3% | 36.3% | $12.11 |
| FY2023 | $28.2B | +7.1% | 28.0% | $12.49 |
| FY2024 | $33.4B | +18.6% | 21.7% | $7.56 |
| FY2025 | $36.8B | +10.0% | 24.7% | $14.23 |
The road ahead: filed results vs published expectations
| FY2023A | FY2024A | FY2025A | FY2026E | FY2027E | |
|---|---|---|---|---|---|
| Net sales ($B) | 28.2 | 33.4 | 36.8 | 39.5 to 43.5 | 43.0 to 48.5 |
| Net sales growth (%) | +18.5 | +18.4 | +10.2 | 7 to 18 | 6 to 11 |
| Operating margin (%) | 28.0 | 21.9 | 24.7 | 22.5 to 25.5 | 23.0 to 26.5 |
| Diluted EPS ($) | 12.49 | 7.56 | 14.23 | 11.50 to 16.50 | 13.00 to 19.50 |
Columns marked A are actual filed results; E columns are the published consensus ranges the current price is being weighed against.
The four gauges: from the latest edition
BullScope coverage of Amgen
- Amgen: The Stock Is Priced for a Future the Filings Haven’t Promised Yet
- Amgen: A Bone-Drug Empire Is Shrinking While a Weight-Loss Bet Grows
Read the full report on Amgen in the BullScope Terminal → It opens with this company loaded.
Edition date: 2026-08-21. This page updates when a new edition is published. Sources: SEC EDGAR filings, Nasdaq prices; computed by BullScope’s published methodology.
