Amgen Inc. (AMGN) Stock

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.

Amgen Inc. is led by CEO Robert A. Bradway, employs 28,000 people, headquartered in Thousand Oaks, US, publicly traded since 1983.

Amgen Inc. (AMGN) stock trades at $387.64 with a market capitalization of $209.21B. The stock is valued at a price-to-earnings (P/E) ratio of 23.42, price-to-book of 19.75, price-to-sales of 5.04. Over the past 52 weeks the stock has ranged between $261.43 and $395.43, and currently trades 2.0% below its 52-week high. It pays a dividend yielding 2.82%.

On profitability, Amgen Inc. generates a return on equity (ROE) of 1.01%, return on capital employed of 123.31%, an operating margin of 31.63%, a net profit margin of 20.95%.

In its most recent fiscal year, Amgen Inc. reported annual revenue of $36.7B, net profit of $7.7B, revenue has compounded at 7.6% a year over the last five years, profit at 1.2% a year.

The balance sheet shows a debt-to-equity ratio of 6.24 — a leveraged balance sheet worth monitoring, a current ratio of 1.14, total assets of $90.6B, $9.1B in cash and equivalents.

AMGN has an average daily trading volume of 2,722,232 shares, a beta of 0.42 (less volatile than the overall market).

Official website: www.amgen.com