Amgen Inc. (AMGN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 31.48B | 29.06B | 27.89B | 26.73B | 26.93B | 29.03B | 26.77B | 27.21B | 28.03B | 30.33B | 48.48B | 47.38B | 44.7B | 22.19B | 24.06B | 19.32B | 18.52B | 19.39B | 24.38B | 19.1B |
| Cash & Short-Term Investments | 12.04B | 9.13B | 9.45B | 8.03B | 8.81B | 11.97B | 9.01B | 9.3B | 9.71B | 10.94B | 34.74B | 34.25B | 31.56B | 9.3B | 11.48B | 7.18B | 6.54B | 8.04B | 12.92B | 8.08B |
| Cash Only | 12.04B | 9.13B | 9.45B | 8.03B | 8.81B | 11.97B | 9.01B | 9.3B | 9.71B | 10.94B | 34.74B | 34.25B | 31.56B | 7.63B | 9.5B | 5.2B | 6.53B | 7.99B | 11.97B | 6.63B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1M | 1.68B | 1.98B | 1.98B | 16M | 48M | 952M | 1.45B |
| Accounts Receivable | 9.14B | 9.57B | 8.49B | 8.7B | 8.13B | 7.5B | 7.32B | 6.93B | 6.78B | 7.94B | 6.14B | 5.83B | 5.74B | 6.39B | 5.33B | 5.33B | 5.08B | 5.84B | 4.76B | 4.48B |
| Days Sales Outstanding | 97.69 | 83.95 | 82.74 | 83.55 | 86.33 | 75.02 | 77.1 | 74.37 | 89.92 | 79.06 | 79.8 | 75.33 | 89.4 | 78.82 | 73.67 | 71.79 | 78.75 | 71.25 | 63.41 | 62.07 |
| Inventory | 6.19B | 6.22B | 6.35B | 6.58B | 6.73B | 7B | 7.36B | 8B | 8.72B | 9.52B | 5.03B | 4.98B | 5.01B | 4.93B | 4.76B | 4.55B | 4.41B | 4.09B | 4.15B | 4.12B |
| Days Inventory Outstanding | 203.53 | 323.05 | 192.97 | 201.16 | 208.13 | 212.26 | 213.42 | 235.08 | 259.38 | 214.98 | 254.81 | 250.69 | 260.08 | 255.07 | 269.71 | 270.14 | 244.95 | 220.58 | 236.35 | 226.03 |
| Other Current Assets | 4.11B | 4.13B | 3.6B | 3.42B | 3.26B | 419M | 3.08B | 2.98B | 2.82B | 281M | 2.56B | 2.32B | 2.4B | 355M | 2.5B | 2.26B | 2.49B | 200M | 2.54B | 2.42B |
| Total Non-Current Assets | 61.03B | 61.53B | 62.26B | 61.16B | 62.44B | 62.81B | 64.12B | 63.7B | 64.95B | 66.82B | 42.06B | 42.89B | 44.02B | 42.94B | 39.64B | 39.97B | 40.68B | 41.78B | 40.61B | 40.67B |
| Property, Plant & Equipment | 8.22B | 7.91B | 7.22B | 6.86B | 6.68B | 6.54B | 6.16B | 6.1B | 6B | 5.94B | 5.56B | 5.53B | 5.46B | 5.43B | 5.19B | 5.16B | 5.14B | 5.18B | 4.98B | 4.91B |
| Fixed Asset Turnover | 1.07x | 1.31x | 1.36x | 1.35x | 1.23x | 1.43x | 1.39x | 1.39x | 1.25x | 1.42x | 1.24x | 1.27x | 1.12x | 1.29x | 1.29x | 1.28x | 1.21x | 1.35x | 1.36x | 1.34x |
| Goodwill | 18.67B | 18.68B | 18.68B | 18.67B | 18.64B | 18.64B | 18.66B | 18.62B | 18.57B | 18.63B | 15.51B | 15.53B | 15.53B | 15.53B | 14.85B | 14.87B | 14.9B | 14.89B | 14.66B | 14.68B |
| Intangible Assets | 21.38B | 22.28B | 23.14B | 24.61B | 25.72B | 27.7B | 28.92B | 30.17B | 31.37B | 32.64B | 13.15B | 14.63B | 15.39B | 16.08B | 13.27B | 13.93B | 14.57B | 15.18B | 14.66B | 15.31B |
| Long-Term Investments | 0 | 0 | 7.51B | 4.94B | 5.86B | 5.36B | 688M | 1.16B | 4.15B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 12.76B | 12.66B | 5.71B | 6.08B | 5.53B | 4.58B | 9.7B | 7.65B | 4.86B | 9.61B | 7.83B | 7.19B | 7.63B | 5.9B | 6.34B | 6.02B | 6.07B | 6.52B | 6.31B | 5.78B |
| Total Assets | 92.5B | 90.59B | 90.14B | 87.9B | 89.37B | 91.84B | 90.88B | 90.91B | 92.98B | 97.15B | 90.53B | 90.27B | 88.72B | 65.12B | 63.7B | 59.29B | 59.2B | 61.16B | 64.99B | 59.77B |
| Asset Turnover | 0.09x | 0.11x | 0.11x | 0.10x | 0.09x | 0.10x | 0.09x | 0.09x | 0.08x | 0.09x | 0.08x | 0.08x | 0.08x | 0.11x | 0.11x | 0.11x | 0.10x | 0.11x | 0.11x | 0.11x |
| Asset Growth % | 3.51% | -1.36% | -0.82% | -3.31% | -3.89% | -5.47% | 0.39% | 0.71% | 4.8% | 49.19% | 42.13% | 52.24% | 49.88% | 6.47% | -1.99% | -0.8% | -5.35% | -2.83% | 0.55% | -8.06% |
| Total Current Liabilities | 24.95B | 25.49B | 21.79B | 20.48B | 23.01B | 23.1B | 20.31B | 21.52B | 19.71B | 18.39B | 16.95B | 17.1B | 14.21B | 15.69B | 14.33B | 12.62B | 12.89B | 12.18B | 14.84B | 14.59B |
| Accounts Payable | 0 | 20.89B | 2.84B | 3.01B | 2.41B | 1.91B | 2.15B | 2.27B | 1.63B | 1.59B | 1.36B | 1.21B | 1.32B | 1.57B | 1.2B | 1.26B | 1.4B | 1.37B | 1.17B | 1.28B |
| Days Payables Outstanding | - | 609.77 | 87.28 | 81.84 | 65.41 | 59.94 | 61.34 | 54.77 | 45.76 | 43.58 | 65.46 | 63.54 | 75.66 | 73.09 | 71.26 | 80.12 | 79.82 | 67.93 | 69.99 | 74.3 |
| Short-Term Debt | 5.44B | 4.6B | 2.15B | 2.44B | 3.37B | 3.55B | 3.54B | 5.53B | 3.96B | 1.44B | 1.43B | 2.17B | 834M | 1.59B | 1.54B | 817M | 844M | 87M | 4.29B | 4.32B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 19.52B | 0 | 0 | 0 | 0 | 1.33B | 0 | 0 | 0 | 1.38B | 0 | 0 | 0 | 1.1B | 0 | 0 | 0 | 1.62B | 0 | 0 |
| Current Ratio | 1.26x | 1.14x | 1.28x | 1.31x | 1.17x | 1.26x | 1.32x | 1.26x | 1.42x | 1.65x | 2.86x | 2.77x | 3.14x | 1.41x | 1.68x | 1.53x | 1.44x | 1.59x | 1.64x | 1.31x |
| Quick Ratio | 1.01x | 0.90x | 0.99x | 0.98x | 0.88x | 0.95x | 0.96x | 0.89x | 0.98x | 1.13x | 2.56x | 2.48x | 2.79x | 1.10x | 1.35x | 1.17x | 1.09x | 1.26x | 1.36x | 1.03x |
| Cash Conversion Cycle | - | -202.77 | 188.43 | 202.87 | 229.05 | 227.34 | 229.17 | 254.68 | 303.55 | 250.47 | 269.15 | 262.47 | 273.82 | 260.79 | 272.12 | 261.81 | 243.87 | 223.9 | 229.77 | 213.8 |
| Total Non-Current Liabilities | 58.36B | 56.44B | 58.73B | 59.99B | 60.15B | 62.86B | 63.04B | 63.47B | 68.24B | 72.53B | 65.92B | 66.39B | 69.16B | 45.77B | 45.72B | 44.26B | 45.39B | 42.28B | 41.93B | 36.94B |
| Long-Term Debt | 51.89B | 50.01B | 52.43B | 53.76B | 54.01B | 56.55B | 56.85B | 57.12B | 60.06B | 63.17B | 59.04B | 59.38B | 60.76B | 37.35B | 37.16B | 35.7B | 36.01B | 33.22B | 33.29B | 28.46B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 1.34B | 1.37B | 1.46B | 1.39B | 1.51B | 1.62B | 1.71B | 1.78B | 1.86B | 2.35B | 0 | 0 | 0 | 11M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 5.13B | 5.07B | 4.84B | 4.85B | 4.63B | 4.7B | 4.48B | 4.57B | 6.32B | 7.01B | 6.88B | 7.01B | 8.4B | 8.41B | 8.55B | 8.55B | 9.38B | 9.06B | 8.64B | 8.48B |
| Total Liabilities | 83.31B | 81.93B | 80.52B | 80.47B | 83.16B | 85.96B | 83.36B | 84.98B | 87.96B | 90.92B | 82.88B | 83.49B | 83.37B | 61.46B | 60.05B | 56.88B | 58.28B | 54.47B | 56.78B | 51.53B |
| Total Debt | 57.32B | 54.6B | 54.59B | 56.2B | 57.38B | 60.1B | 60.4B | 62.65B | 64.02B | 64.61B | 60.47B | 61.54B | 61.59B | 38.95B | 38.7B | 36.52B | 36.85B | 33.31B | 37.58B | 32.78B |
| Net Debt | 45.28B | 45.48B | 45.14B | 48.18B | 48.57B | 48.13B | 51.39B | 53.34B | 54.31B | 53.67B | 25.73B | 27.3B | 30.04B | 31.32B | 29.2B | 31.32B | 30.33B | 25.32B | 25.61B | 26.15B |
| Debt / Equity | 6.24x | 6.31x | 5.67x | 7.57x | 9.24x | 10.23x | 8.02x | 10.57x | 12.75x | 10.37x | 7.90x | 9.08x | 11.52x | 10.64x | 10.60x | 15.10x | 40.23x | 4.97x | 4.57x | 3.98x |
| Debt / EBITDA | 20.91x | 10.76x | 14.24x | 14.10x | 22.37x | 16.21x | 17.54x | 18.93x | 26.79x | 24.37x | 20.74x | 17.19x | 21.83x | 12.40x | 11.07x | 12.16x | 11.03x | 10.55x | 11.64x | 19.48x |
| Net Debt / EBITDA | 16.52x | 8.96x | 11.78x | 12.09x | 18.94x | 12.98x | 14.93x | 16.12x | 22.72x | 20.24x | 8.82x | 7.62x | 10.65x | 9.97x | 8.35x | 10.43x | 9.08x | 8.02x | 7.93x | 15.54x |
| Interest Coverage | 4.17x | 6.04x | 6.72x | 3.21x | 3.73x | 2.05x | 5.00x | 1.98x | 0.92x | 2.04x | 3.57x | 3.15x | 7.34x | 5.21x | 7.50x | 5.67x | 6.68x | 7.36x | 8.28x | 2.99x |
| Total Equity | 9.19B | 8.66B | 9.62B | 7.43B | 6.21B | 5.88B | 7.53B | 5.92B | 5.02B | 6.23B | 7.66B | 6.78B | 5.35B | 3.66B | 3.65B | 2.42B | 916M | 6.7B | 8.22B | 8.25B |
| Equity Growth % | 48.06% | 47.32% | 27.79% | 25.37% | 23.6% | -5.7% | -1.69% | -12.62% | -6.1% | 70.23% | 109.58% | 180.32% | 483.84% | -45.36% | -55.54% | -70.67% | -90.19% | -28.79% | -25.02% | -22.63% |
| Book Value per Share | 16.89 | 15.94 | 17.75 | 13.73 | 11.47 | 10.84 | 13.89 | 10.95 | 9.37 | 11.54 | 14.23 | 12.63 | 9.94 | 6.79 | 6.79 | 4.50 | 1.66 | 11.86 | 14.42 | 14.32 |
| Total Shareholders' Equity | 9.19B | 8.66B | 9.62B | 7.43B | 6.21B | 5.88B | 7.53B | 5.92B | 5.02B | 6.23B | 7.66B | 6.78B | 5.35B | 3.66B | 3.65B | 2.42B | 916M | 6.7B | 8.22B | 8.25B |
| Common Stock | 0 | 8.66B | 33.84B | 33.68B | 33.58B | 33.53B | 33.39B | 33.2B | 33.08B | 33.07B | 32.75B | 32.6B | 32.53B | 32.51B | 32.37B | 31.34B | 31.25B | 32.1B | 31.99B | 31.88B |
| Retained Earnings | 0 | 0 | -23.8B | -25.71B | -27.14B | -27.59B | -25.53B | -27.12B | -27.87B | -26.55B | -24.97B | -25.54B | -26.92B | -28.62B | -28.07B | -28.25B | -29.57B | -24.6B | -22.96B | -22.76B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | -422M | -544M | -231M | -66M | -336M | -155M | -190M | -289M | -126M | -280M | -268M | -231M | -652M | -672M | -763M | -796M | -808M | -868M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |