TTM
71.5%
YoY change
+9.27pp
Trough year (1987)
19.9%
Peak year (1985)
111.8%
Latest annual
70.8%
Gross Margin history chart for Amgen (AMGN) from 1985 to 2025
Latest: 70.8%
Gross Margin change chart for Amgen (AMGN) from 1985 to 2025
Latest: +9.27pp
Gross Margin history table for Amgen (AMGN) from 1985 to 2025
| 2025 | 70.8% | +9.27pp | ||
| 2024 | 61.5% | -8.62pp | ||
| 2023 | 70.1% | -5.51pp | ||
| 2022 | 75.7% | +0.51pp | ||
| 2021 | 75.2% | -0.62pp | ||
| 2020 | 75.8% | -5.58pp | ||
| 2019 | 81.4% | -1.38pp | ||
| 2018 | 82.7% | +0.54pp | ||
| 2017 | 82.2% | +0.29pp | ||
| 2016 | 81.9% | +1.41pp | ||
| 2015 | 80.5% | +2.53pp | ||
| 2014 | 78.0% | -4.12pp | ||
| 2013 | 82.1% | -1.01pp | ||
| 2012 | 83.1% | -1.33pp | ||
| 2011 | 84.4% | -0.83pp | ||
| 2010 | 85.3% | -0.47pp | ||
| 2009 | 85.7% | +1.02pp | ||
| 2008 | 84.7% | +1.95pp | ||
| 2007 | 82.7% | -2.57pp | ||
| 2006 | 85.3% | +2.07pp | ||
| 2005 | 83.3% | -0.34pp | ||
| 2004 | 83.6% | -0.36pp | ||
| 2003 | 84.0% | -2.72pp | ||
| 2002 | 86.7% | -2.29pp | ||
| 2001 | 89.0% | -5.33pp | ||
| 2000 | 94.3% | +1.33pp | ||
| 1999 | 93.0% | +0.59pp | ||
| 1998 | 92.4% | +0.21pp | ||
| 1997 | 92.2% | +0.49pp | ||
| 1996 | 91.7% | +1.59pp | ||
| 1995 | 90.1% | +0.19pp | ||
| 1994 | 89.9% | +2.40pp | ||
| 1993 | 87.5% | +1.50pp | ||
| 1992 | 86.0% | -0.58pp | ||
| 1991 | 86.6% | -5.70pp | ||
| 1990 | 92.3% | — | ||
| 1988 | 37.3% | +17.46pp | ||
| 1987 | 19.9% | -6.98pp | ||
| 1986 | 26.8% | -85.00pp | ||
| 1985 | 111.8% | — |
- 202570.8%+9.27pp
- 202461.5%-8.62pp
- 202370.1%-5.51pp
- 202275.7%+0.51pp
- 202175.2%-0.62pp
- 202075.8%-5.58pp
- 201981.4%-1.38pp
- 201882.7%+0.54pp
- 201782.2%+0.29pp
- 201681.9%+1.41pp
- 201580.5%+2.53pp
- 201478.0%-4.12pp
- 201382.1%-1.01pp
- 201283.1%-1.33pp
- 201184.4%-0.83pp
- 201085.3%-0.47pp
- 200985.7%+1.02pp
- 200884.7%+1.95pp
- 200782.7%-2.57pp
- 200685.3%+2.07pp
- 200583.3%-0.34pp
- 200483.6%-0.36pp
- 200384.0%-2.72pp
- 200286.7%-2.29pp
- 200189.0%-5.33pp
- 200094.3%+1.33pp
- 199993.0%+0.59pp
- 199892.4%+0.21pp
- 199792.2%+0.49pp
- 199691.7%+1.59pp
- 199590.1%+0.19pp
- 199489.9%+2.40pp
- 199387.5%+1.50pp
- 199286.0%-0.58pp
- 199186.6%-5.70pp
- 199092.3%—
- 198837.3%+17.46pp
- 198719.9%-6.98pp
- 198626.8%-85.00pp
- 1985111.8%—
Gross Margin values are taken from Amgen's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Amgen (AMGN)
According to Amgen's latest reported financial statements, the company's latest reported gross margin is 71.5%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Amgen (AMGN) gross margin is 70.80% – expanded 9.3 percentage points year-over-year.
The highest annual gross margin of 111.85% was reported in 1985. The lowest in the available history was 19.86% in 1987.
Amgen Gross Margin by Year
Amgen Gross Margin 2025: 70.8%
Amgen gross margin in 2025 was 70.80%, expanded 9.3 percentage points from 2024.
Amgen Gross Margin 2024: 61.5%
2024's gross margin for Amgen came in at 61.53%, contracted 8.6 percentage points from 2023.
Amgen Gross Margin 2023: 70.1%
Amgen posted gross margin of 70.15% in 2023, contracted 5.5 percentage points from 2022.
Amgen Gross Margin 2022: 75.7%
In 2022, Amgen reported gross margin of 75.66%, expanded 0.5 percentage points from 2021.
Amgen Gross Margin 2021: 75.2%
Amgen gross margin in 2021 was 75.16%.
See more financial history for Amgen (AMGN).
Sector peers by Gross Margin
Healthcare peers of Amgen (AMGN), ranked by their latest gross margin
| 83.5% | |
| 81.8% | |
| 81.7% | |
| 75.9% | |
| 70.7% | |
| 70.0% | |
| 39.4% | |
| 18.8% |
- 83.5%
- 81.8%
- 81.7%
- 75.9%
- 70.7%
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