Amgen Inc
NASDAQ:AMGN

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Amgen Inc
NASDAQ:AMGN
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Price: 294 USD -0.18% Market Closed
Market Cap: 158B USD
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Gross Margin
Amgen Inc

60.5%
Current
72%
Average
63.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
60.5%
=
Gross Profit
19.7B
/
Revenue
32.5B

Gross Margin Across Competitors

Country US
Market Cap 158B USD
Gross Margin
60%
Country FR
Market Cap 6T USD
Gross Margin
0%
Country US
Market Cap 312.9B USD
Gross Margin
67%
Country US
Market Cap 119B USD
Gross Margin
86%
Country US
Market Cap 112.8B USD
Gross Margin
78%
Country US
Market Cap 94.1B EUR
Gross Margin
76%
Country AU
Market Cap 135.8B AUD
Gross Margin
52%
Country US
Market Cap 82.5B USD
Gross Margin
87%
Country US
Market Cap 39.3B EUR
Gross Margin
75%
Country NL
Market Cap 35.1B EUR
Gross Margin
89%
Country US
Market Cap 32.3B USD
Gross Margin
85%
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Amgen Inc
Glance View

Market Cap
158B USD
Industry
Biotechnology

Amgen Inc., a leader in the biopharmaceutical industry, has spent over four decades revolutionizing the way we approach complex diseases. Founded in 1980 and headquartered in Thousand Oaks, California, Amgen harnesses the power of human biology to develop innovative therapies for serious illnesses. Its robust portfolio features groundbreaking products that target diseases such as cancer, kidney disease, and rheumatoid arthritis. Notably, Amgen's flagship drugs, like Enbrel and Neulasta, have garnered significant market presence, contributing to the company’s solid financial performance. The firm’s commitment to research and development is underscored by its considerable investments in biotechnology, yielding a promising pipeline of future treatments that aim to improve patient lives while also providing strong returns for investors. As a powerhouse in the healthcare sector, Amgen stands out not just for its scientific advancements, but also for its strategic approach to growth. The company has embraced a culture of continuous improvement and collaboration, forming partnerships that enhance its market reach and innovation potential. With a focus on sustainable practices, Amgen is dedicated to ensuring that its operations are environmentally responsible while also delivering durable financial results. Its steady revenue growth and focus on shareholder return further bolster its profile as an attractive investment option. As healthcare demands evolve and an increasing global population seeks better treatments, Amgen is well-positioned to capitalize on these opportunities, making it a compelling choice for investors looking to navigate the dynamic biotech landscape.

AMGN Intrinsic Value
255.42 USD
Overvaluation 13%
Intrinsic Value
Price

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
60.5%
=
Gross Profit
19.7B
/
Revenue
32.5B
What is the Gross Margin of Amgen Inc?

Based on Amgen Inc's most recent financial statements, the company has Gross Margin of 60.5%.