Return on Assets (ROA)
since 2005
Calculation
Amgen Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 6.91% | = | 100 | × | 6,717) | ÷ | 97,154) |
| Dec 31, 2022 | 10.06% | = | 100 | × | 6,552) | ÷ | 65,121) |
| Dec 31, 2021 | 9.63% | = | 100 | × | 5,893) | ÷ | 61,165) |
| Dec 31, 2020 | 11.54% | = | 100 | × | 7,264) | ÷ | 62,948) |
| Dec 31, 2019 | 13.13% | = | 100 | × | 7,842) | ÷ | 59,707) |
| Dec 31, 2018 | 12.64% | = | 100 | × | 8,394) | ÷ | 66,416) |
| Dec 31, 2017 | 2.48% | = | 100 | × | 1,979) | ÷ | 79,954) |
| Dec 31, 2016 | 9.95% | = | 100 | × | 7,722) | ÷ | 77,626) |
| Dec 31, 2015 | 9.69% | = | 100 | × | 6,939) | ÷ | 71,576) |
| Dec 31, 2014 | 7.47% | = | 100 | × | 5,158) | ÷ | 69,009) |
| Dec 31, 2013 | 7.68% | = | 100 | × | 5,081) | ÷ | 66,125) |
| Dec 31, 2012 | 8.00% | = | 100 | × | 4,345) | ÷ | 54,298) |
| Dec 31, 2011 | 7.54% | = | 100 | × | 3,683) | ÷ | 48,871) |
| Dec 31, 2010 | 10.64% | = | 100 | × | 4,627) | ÷ | 43,486) |
| Dec 31, 2009 | 11.62% | = | 100 | × | 4,605) | ÷ | 39,629) |
| Dec 31, 2008 | 11.51% | = | 100 | × | 4,196) | ÷ | 36,443) |
| Dec 31, 2007 | 9.14% | = | 100 | × | 3,166) | ÷ | 34,639) |
| Dec 31, 2006 | 8.73% | = | 100 | × | 2,950) | ÷ | 33,788) |
| Dec 31, 2005 | 12.54% | = | 100 | × | 3,674) | ÷ | 29,297) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Amgen Inc., ROA, long-term trends, comparison to competitors
| Amgen Inc. | AbbVie Inc. | Bristol-Myers Squibb Co. | Danaher Corp. | Eli Lilly & Co. | Gilead Sciences Inc. | Johnson & Johnson | Merck & Co. Inc. | Pfizer Inc. | Regeneron Pharmaceuticals Inc. | Thermo Fisher Scientific Inc. | Vertex Pharmaceuticals Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 6.91% | 3.61% | 8.43% | 5.64% | 8.19% | 9.12% | 20.98% | 0.34% | 0.94% | 11.95% | 6.07% | 15.92% |
| Dec 31, 2022 | 10.06% | 8.53% | 6.53% | 8.55% | 12.62% | 7.27% | 9.57% | 13.30% | 15.91% | 14.85% | 7.15% | 18.30% |
| Dec 31, 2021 | 9.63% | 7.88% | 6.40% | 7.73% | 11.44% | 9.16% | 11.47% | 12.35% | 12.11% | 31.75% | 8.12% | 17.44% |
| Dec 31, 2020 | 11.54% | 3.07% | -7.61% | 4.79% | 13.28% | 0.18% | 8.41% | 7.72% | 6.23% | 20.47% | 9.23% | 23.07% |
| Dec 31, 2019 | 13.13% | 8.84% | 2.65% | 4.85% | 21.17% | 8.74% | 9.59% | 11.66% | 9.72% | 14.29% | 6.33% | 14.15% |
| Dec 31, 2018 | 12.64% | 9.58% | 14.06% | 5.54% | 7.36% | 8.57% | 10.00% | 7.53% | 7.00% | 20.83% | 5.22% | 33.57% |
| Dec 31, 2017 | 2.48% | 7.50% | 3.00% | 5.34% | -0.45% | 6.58% | 0.83% | 2.72% | 12.40% | 13.67% | 3.93% | 7.43% |
| Dec 31, 2016 | 9.95% | 9.01% | 13.22% | 5.64% | 7.05% | 23.70% | 11.71% | 4.11% | 4.20% | 12.84% | 4.40% | -3.87% |
| Dec 31, 2015 | 9.69% | 9.70% | 4.93% | 6.96% | 6.77% | 34.93% | 11.55% | 4.36% | 4.16% | 11.34% | 4.83% | -22.26% |
| Dec 31, 2014 | 7.47% | 6.44% | 5.94% | 7.02% | 6.43% | 34.91% | 12.45% | 12.12% | 5.40% | 8.99% | 4.42% | -31.63% |
| Dec 31, 2013 | 7.68% | 14.14% | 6.64% | 7.77% | 13.29% | 13.67% | 10.42% | 4.17% | 12.78% | 14.38% | 4.00% | -19.19% |
| Dec 31, 2012 | 8.00% | 19.53% | 5.46% | 7.26% | 11.89% | 12.20% | 8.94% | 5.81% | 7.84% | 36.06% | 4.29% | -3.88% |
| Dec 31, 2011 | 7.54% | — | 11.25% | 7.25% | 12.92% | 16.20% | 8.51% | 5.97% | 5.32% | -16.75% | 4.96% | 1.34% |
| Dec 31, 2010 | 10.64% | — | 9.98% | 8.07% | 16.35% | 25.03% | 12.96% | 0.81% | 4.23% | -9.59% | 4.85% | -43.74% |
| Dec 31, 2009 | 11.62% | — | 34.22% | 5.88% | 15.76% | 27.18% | 12.95% | 11.51% | 4.05% | -9.15% | 3.93% | -32.84% |
| Dec 31, 2008 | 11.51% | — | 17.76% | 7.53% | -7.09% | 28.65% | 15.25% | 16.54% | 7.29% | -12.34% | 4.71% | -46.90% |
| Dec 31, 2007 | 9.14% | — | 8.27% | 7.84% | 11.02% | 27.68% | 13.06% | 6.77% | 7.07% | -11.28% | 3.59% | -65.05% |
| Dec 31, 2006 | 8.73% | — | 6.20% | 8.72% | 12.13% | -29.12% | 15.67% | 9.95% | 16.84% | -17.49% | 0.79% | -22.45% |
| Dec 31, 2005 | 12.54% | — | 10.66% | 9.80% | 8.05% | 21.62% | 17.94% | 10.33% | 6.88% | -22.54% | 5.25% | -37.05% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Pharmaceuticals, Biotechnology & Life Sciences)
Amgen Inc., ROA, long-term trends, comparison to sector (pharmaceuticals, biotechnology & life sciences)
| Amgen Inc. | Pharmaceuticals, Biotechnology & Life Sciences | |
|---|---|---|
| Dec 31, 2023 | 6.91% | 7.25% |
| Dec 31, 2022 | 10.06% | 10.67% |
| Dec 31, 2021 | 9.63% | 10.42% |
| Dec 31, 2020 | 11.54% | 5.45% |
| Dec 31, 2019 | 13.13% | 9.02% |
| Dec 31, 2018 | 12.64% | 8.97% |
| Dec 31, 2017 | 2.48% | 5.28% |
| Dec 31, 2016 | 9.95% | 8.61% |
| Dec 31, 2015 | 9.69% | 8.93% |
| Dec 31, 2014 | 7.47% | 9.45% |
| Dec 31, 2013 | 7.68% | 9.46% |
| Dec 31, 2012 | 8.00% | 8.30% |
| Dec 31, 2011 | 7.54% | 7.30% |
| Dec 31, 2010 | 10.64% | 7.07% |
| Dec 31, 2009 | 11.62% | 10.02% |
| Dec 31, 2008 | 11.51% | 10.37% |
| Dec 31, 2007 | 9.14% | 8.86% |
| Dec 31, 2006 | 8.73% | 11.91% |
| Dec 31, 2005 | 12.54% | 10.42% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
Amgen Inc., ROA, long-term trends, comparison to industry (health care)
| Amgen Inc. | Health Care | |
|---|---|---|
| Dec 31, 2023 | 6.91% | 6.47% |
| Dec 31, 2022 | 10.06% | 8.43% |
| Dec 31, 2021 | 9.63% | 8.29% |
| Dec 31, 2020 | 11.54% | 5.45% |
| Dec 31, 2019 | 13.13% | 7.18% |
| Dec 31, 2018 | 12.64% | 6.22% |
| Dec 31, 2017 | 2.48% | 5.24% |
| Dec 31, 2016 | 9.95% | 6.99% |
| Dec 31, 2015 | 9.69% | 7.36% |
| Dec 31, 2014 | 7.47% | 8.16% |
| Dec 31, 2013 | 7.68% | 8.27% |
| Dec 31, 2012 | 8.00% | 7.68% |
| Dec 31, 2011 | 7.54% | 6.96% |
| Dec 31, 2010 | 10.64% | 6.89% |
| Dec 31, 2009 | 11.62% | 9.13% |
| Dec 31, 2008 | 11.51% | 8.55% |
| Dec 31, 2007 | 9.14% | 8.15% |
| Dec 31, 2006 | 8.73% | 9.80% |
| Dec 31, 2005 | 12.54% | 9.10% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).