Analysis of Geographic Areas
Amgen Inc. operates in 2 regions: United States and Rest of world (ROW).
Area Asset Turnover
Amgen Inc., asset turnover by geographic area
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 5.74 | 5.41 | 5.90 | 6.50 | 7.48 |
| Rest of world (ROW) | 4.01 | 3.67 | 3.40 | 3.27 | 2.87 |
Based on: 10-K (reporting date: 2024-12-31), 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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
| Rest of world (ROW) | Rest of world (ROW) area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: United States
Amgen Inc.; United States; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 23,863) | 19,806) | 18,595) | 18,194) | 18,496) |
| Property, plant and equipment, net | 4,156) | 3,658) | 3,154) | 2,801) | 2,473) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 5.74 | 5.41 | 5.90 | 6.50 | 7.48 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Revenues ÷ Property, plant and equipment, net
= 23,863 ÷ 4,156 = 5.74
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Area Asset Turnover: Rest of world (ROW)
Amgen Inc.; Rest of world (ROW); area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 9,561) | 8,384) | 7,728) | 7,785) | 6,928) |
| Property, plant and equipment, net | 2,387) | 2,283) | 2,273) | 2,383) | 2,416) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 4.01 | 3.67 | 3.40 | 3.27 | 2.87 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Revenues ÷ Property, plant and equipment, net
= 9,561 ÷ 2,387 = 4.01
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Rest of world (ROW) | Rest of world (ROW) area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Revenues
Amgen Inc., revenues by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 23,863) | 19,806) | 18,595) | 18,194) | 18,496) |
| Rest of world (ROW) | 9,561) | 8,384) | 7,728) | 7,785) | 6,928) |
| Total | 33,424) | 28,190) | 26,323) | 25,979) | 25,424) |
Based on: 10-K (reporting date: 2024-12-31), 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).
Property, plant and equipment, net
Amgen Inc., property, plant and equipment, net by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 4,156) | 3,658) | 3,154) | 2,801) | 2,473) |
| Rest of world (ROW) | 2,387) | 2,283) | 2,273) | 2,383) | 2,416) |
| Total | 6,543) | 5,941) | 5,427) | 5,184) | 4,889) |
Based on: 10-K (reporting date: 2024-12-31), 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).