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EBITDA for Amgen (AMGN)

According to Amgen's latest reported financial statements, the company's current EBITDA (TTM) is $18.69B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

Amgen Inc. logo
Amgen

AMGN

TTM (last 4 quarters)

$18.69B

YoY change

+18.6%

5Y CAGR

+4.0%

Peak year (2025)

$15.84B

Cumulative EBITDA

$232.19B

EBITDA history chart for Amgen (AMGN) from 1985 to 2025

EBITDA history table for Amgen (AMGN) from 1985 to 2025

Fiscal yearPeriod endedReportedEBITDAYoY
2025$15.84B+18.6%
2024$13.36B-9.8%
2023$14.80B+21.6%
2022$12.17B+7.7%
2021$11.30B-13.1%
2020$13.00B+2.9%
2019$12.63B-1.9%
2018$12.88B+0.2%
2017$12.86B+2.6%
2016$12.53B+12.0%
2015$11.18B+27.8%
2014$8.75B+15.5%
2013$7.57B+5.9%
2012$7.15B+22.9%
2011$5.82B-16.1%
2010$6.94B+1.6%
2009$6.83B+2.9%
2008$6.64B+11.0%
2007$5.98B-0.9%
2006$6.03B+6.1%
2005$5.69B+22.7%
2004$4.64B+22.7%
2003$3.78B+42.4%
2002$2.65B+47.7%
2001$1.80B+13.7%
2000$1.58B+5.2%
1999$1.50B+19.0%
1998$1.26B+20.5%
1997$1.05B+3.1%
1996$1.02B+20.3%
1995$845.00M+9.3%
1994$773.00M+28.4%
1993$601.90M+13.2%
1992$531.70M+266.9%
1991$144.90M+110.6%
1990$68.80M
1988$3.20M-313.3%
1987-$1.50M-225.0%
1986$1.20M-25.0%
1985$1.60M

EBITDA values are taken from Amgen's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

Amgen (AMGN) most recent annual EBITDA stands at $15.84B (2025) – grew 18.6% year-over-year.

Looking at the 2020–2025 (5 years) stretch, Amgen EBITDA compounded at +4.0% per year, with the latest reading among the more recent periods of the dataset.

Across the available history, EBITDA reached its high of $15.84B in 2025 and its low of -$1.50M in 1987.

Within Healthcare, Amgen (AMGN) ranks 8th among 8 peers we track. The peer median for EBITDA is $24.21B.

Amgen EBITDA by Year

Amgen EBITDA 2025: $15.84B

Amgen EBITDA in 2025 was $15.84B, grew 18.6% from 2024. This figure represents the highest annual value in the available history.

Amgen EBITDA 2024: $13.36B

Amgen EBITDA in 2024 was $13.36B, declined 9.8% below 2023.

Amgen EBITDA 2023: $14.80B

Amgen EBITDA in 2023 was $14.80B, grew 21.6% from 2022.

Amgen EBITDA 2022: $12.17B

Amgen EBITDA in 2022 was $12.17B, grew 7.7% from 2021.

Amgen EBITDA 2021: $11.30B

Amgen EBITDA in 2021 was $11.30B.

See more financial history for Amgen (AMGN).

Sector peers — EBITDA

Companies in the same sector as Amgen, ranked by their latest EBITDA.

CompanyEBITDASector
Novo Nordisk A/S (NVO)$156.73BHealthcare
Johnson & Johnson (JNJ)$41.05BHealthcare
Eli Lilly and Company (LLY)$27.94BHealthcare
Merck & Co., Inc. (MRK)$25.36BHealthcare
UnitedHealth Group Incorporated (UNH)$23.06BHealthcare
AstraZeneca PLC (AZN)$19.83BHealthcare
AbbVie Inc. (ABBV)$17.63BHealthcare
Thermo Fisher Scientific Inc. (TMO)$11.47BHealthcare

Frequently asked questions

What is Amgen's EBITDA?

Latest reported EBITDA for Amgen (AMGN) is $18.69B (period ending December 31, 2025).

How has Amgen EBITDA changed year-over-year?

Amgen (AMGN) EBITDA changed +18.6% year-over-year on the latest annual filing.

What is the long-term growth rate of Amgen EBITDA?

Amgen (AMGN) EBITDA compound annual growth rate is +4.0% over the most recent 5 years available.

When did Amgen EBITDA hit its highest annual value?

Amgen EBITDA reached its highest annual value of $15.84B in 2025.

What was Amgen EBITDA in 2024?

Amgen (AMGN) EBITDA in 2024 was $13.36B.

What was Amgen EBITDA in 2025?

Amgen (AMGN) EBITDA in 2025 was $15.84B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.