AMGN · Net margin
Computed from AMGN's latest annual filing — every figure below is the filed value, cited to the filing, never estimated.
| Line item | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | TTM* ended 2026-06-30 — derived: computed by Echelon from filed periods, not as filed |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22,991 (accession 0000318154-19-000008) | 22,849 (accession 0000318154-20-000017) | 23,747 (accession 0000318154-21-000010) | 23,362 (accession 0000318154-22-000010) | 25,424 (accession 0000318154-23-000017) | 25,979 (accession 0000318154-24-000011) | 26,323 (accession 0000318154-25-000010) | 28,190 (accession 0000318154-26-000010) | 33,424 (accession 0000318154-26-000010) | 36,751 (accession 0000318154-26-000010) | 38,095 |
| YoY | +6.1% | -0.6% | +3.9% | -1.6% | +8.8% | +2.2% | +1.3% | +7.1% | +18.6% | +10% | — |
| Cost of revenue | 4,162 (accession 0000318154-19-000008) | 4,069 (accession 0000318154-20-000017) | 4,101 (accession 0000318154-21-000010) | 4,356 (accession 0000318154-22-000010) | 6,159 (accession 0000318154-23-000017) | 6,454 (accession 0000318154-24-000011) | 6,406 (accession 0000318154-25-000010) | 8,451 (accession 0000318154-26-000010) | 12,858 (accession 0000318154-26-000010) | 12,037 (accession 0000318154-26-000010) | 11,613 |
| YoY | -1.5% | -2.2% | +0.8% | +6.2% | +41.4% | +4.8% | -0.7% | +31.9% | +52.1% | -6.4% | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — |
| Operating expenses | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | 9,794 (accession 0000318154-19-000008) | 9,973 (accession 0000318154-20-000017) | 10,263 (accession 0000318154-21-000010) | 9,674 (accession 0000318154-22-000010) | 9,139 (accession 0000318154-23-000017) | 7,639 (accession 0000318154-24-000011) | 9,566 (accession 0000318154-25-000010) | 7,897 (accession 0000318154-26-000010) | 7,258 (accession 0000318154-26-000010) | 9,080 (accession 0000318154-26-000010) | 11,426 |
| YoY | +15.6% | +1.8% | +2.9% | -5.7% | -5.5% | -16.4% | +25.2% | -17.4% | -8.1% | +25.1% | — |
| Net income | 7,722 (accession 0000318154-19-000008) | 1,979 (accession 0000318154-20-000017) | 8,394 (accession 0000318154-21-000010) | 7,842 (accession 0000318154-22-000010) | 7,264 (accession 0000318154-23-000017) | 5,893 (accession 0000318154-24-000011) | 6,552 (accession 0000318154-25-000010) | 6,717 (accession 0000318154-26-000010) | 4,090 (accession 0000318154-26-000010) | 7,711 (accession 0000318154-26-000010) | 8,743 |
| YoY | +11.3% | -74.4% | +324.2% | -6.6% | -7.4% | -18.9% | +11.2% | +2.5% | -39.1% | +88.5% | — |
| Diluted EPS | 10.24 (accession 0000318154-19-000008) | 2.69 (accession 0000318154-20-000017) | 12.62 (accession 0000318154-21-000010) | 12.88 (accession 0000318154-22-000010) | 12.31 (accession 0000318154-23-000017) | 10.28 (accession 0000318154-24-000011) | 12.11 (accession 0000318154-25-000010) | 12.49 (accession 0000318154-26-000010) | 7.56 (accession 0000318154-26-000010) | 14.23 (accession 0000318154-26-000010) | — |
| YoY | +13% | -73.7% | +369.1% | +2.1% | -4.4% | -16.5% | +17.8% | +3.1% | -39.5% | +88.2% | — |
USD lines in millions; EPS per share. Annual columns are fiscal years, labeled by their period-end month (a filer's own fiscal label may differ). “—” is an honest gap: the filer did not tag that line for that period. *TTM (twelve months ended 2026-06-30) is computed from filed periods — latest fiscal year plus newer quarters minus their year-ago pairs; each line’s full trail rides the CSV export. Every column cites its accession in the export. Figures as filed via SEC EDGAR, never estimated.
Answers come strictly from AMGN's 10-K filed 2026-02-13, and every answer links the exact passages it used. Questions asking what to do with the stock are refused — that's the point.
Net income as a share of revenue — the bottom line after every cost: operations, interest, taxes, and one-offs. It is the margin the income statement ends on, and the profitability input to DuPont ROE analysis.
Net margin = Net income ÷ Revenue
Educational use only — not investment advice. Figures come from public SEC filings; Echelon teaches you to analyze data, it never recommends buying or selling any security.