Amgen Inc (AMGN)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 4,090,000 | 4,230,000 | 3,130,000 | 3,763,000 | 6,717,000 | 7,566,000 | 7,979,000 | 7,917,000 | 6,552,000 | 6,835,000 | 6,576,000 | 5,723,000 | 5,893,000 | 5,609,000 | 5,746,000 | 7,085,000 | 7,264,000 | 7,352,000 | 7,299,000 | 7,675,000 |
| Revenue (ttm) | US$ in thousands | 33,424,000 | 32,534,000 | 30,934,000 | 29,532,000 | 28,190,000 | 26,833,000 | 26,582,000 | 26,190,000 | 26,323,000 | 26,330,000 | 26,384,000 | 26,316,000 | 25,979,000 | 25,767,000 | 25,484,000 | 25,164,000 | 25,424,000 | 24,987,000 | 24,301,000 | 23,966,000 |
| Net profit margin | 12.24% | 13.00% | 10.12% | 12.74% | 23.83% | 28.20% | 30.02% | 30.23% | 24.89% | 25.96% | 24.92% | 21.75% | 22.68% | 21.77% | 22.55% | 28.16% | 28.57% | 29.42% | 30.04% | 32.02% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,090,000K ÷ $33,424,000K
= 12.24%
The net profit margin of Amgen Inc has shown fluctuations over the reported periods. Starting at a strong level of 32.02% in March 2020, the margin declined gradually to 21.77% by September 2021. Subsequently, there was a slight improvement to 24.92% in June 2022 before reaching a peak of 30.23% in March 2023. However, the margin decreased again to 23.83% by December 2023 and significantly dropped to 10.12% by June 2024. Although there was a slight recovery to 12.24% by December 2024, the trend indicates a decline in profitability compared to the earlier periods. It is important for stakeholders to monitor this metric closely to understand the company's performance and profitability trends.
Peer comparison
Dec 31, 2024