Amgen Inc. (AMGN)
NASDAQ: AMGN · Real-Time Price · USD
460.42
+0.14 (0.03%)
At close: Nov 6, 2026, 4:00 PM EST
459.47
-0.95 (-0.21%)
After-hours: Nov 6, 2026, 7:59 PM EST
Amgen Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 9,391 | 7,711 | 4,090 | 6,717 | 6,552 | 5,893 |
Depreciation & Amortization | 4,482 | 5,167 | 5,592 | 4,071 | 3,417 | 3,398 |
Loss (Gain) From Sale of Assets | - | - | - | - | 567 | - |
Asset Writedown & Restructuring Costs | 63 | 1,200 | 159 | 851 | - | 1,505 |
Loss (Gain) From Sale of Investments | -497 | -2,064 | 159 | -1,565 | 1,018 | 33 |
Stock-Based Compensation | 493 | 494 | 530 | 431 | 401 | 341 |
Other Operating Activities | -1 | -572 | -1,405 | -1,550 | -1,501 | -715 |
Change in Accounts Receivable | -1,863 | -2,676 | 441 | -1,015 | -746 | -429 |
Change in Inventory | 1 | 886 | 2,532 | 491 | -742 | -165 |
Change in Accounts Payable | 100 | 428 | 312 | -402 | 154 | -69 |
Change in Income Taxes | 18 | -1,757 | -1,503 | -660 | -418 | -650 |
Change in Other Net Operating Assets | -152 | 1,141 | 583 | 1,102 | 1,019 | 119 |
Operating Cash Flow | 12,035 | 9,958 | 11,490 | 8,471 | 9,721 | 9,261 |
Operating Cash Flow Growth | -8.31% | -13.33% | 35.64% | -12.86% | 4.97% | -11.77% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -2,454 | -1,858 | -1,096 | -1,112 | -936 | -880 |
Cash Acquisitions | -53 | -53 | - | -26,989 | -3,839 | -2,529 |
Investment in Securities | - | - | - | 1,673 | -1,369 | 4,334 |
Other Investing Activities | -120 | -32 | 50 | 224 | 100 | -192 |
Investing Cash Flow | -2,627 | -1,943 | -1,046 | -26,204 | -6,044 | 733 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | - | - | 27,777 | 6,919 | 4,945 |
Long-Term Debt Repaid | - | -5,683 | -4,259 | -2,101 | -297 | -4,150 |
Net Debt Issued (Repaid) | -152 | -5,683 | -4,259 | 25,676 | 6,622 | 795 |
Repurchase of Common Stock | - | - | -200 | - | -6,360 | -4,975 |
Common Dividends Paid | -5,366 | -5,124 | -4,832 | -4,556 | -4,196 | -4,013 |
Other Financing Activities | -145 | -52 | -124 | -72 | -103 | -78 |
Financing Cash Flow | -5,663 | -10,859 | -9,415 | 21,048 | -4,037 | -8,271 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 3,745 | -2,844 | 1,029 | 3,315 | -360 | 1,723 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 9,581 | 8,100 | 10,394 | 7,359 | 8,785 | 8,381 |
Free Cash Flow Growth | -16.97% | -22.07% | 41.24% | -16.23% | 4.82% | -15.25% |
Free Cash Flow Margin | 24.63% | 22.04% | 31.10% | 26.11% | 33.37% | 32.26% |
Free Cash Flow Per Share | 17.60 | 14.95 | 19.21 | 13.68 | 16.24 | 14.63 |
Levered Free Cash Flow | 7,377 | 7,502 | 13,726 | 3,392 | 8,690 | 7,515 |
Unlevered Free Cash Flow | 9,279 | 9,479 | 16,017 | 5,954 | 9,648 | 8,270 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 2,900 | 2,900 | 3,300 | 2,400 | 1,200 | 1,200 |
Cash Income Tax Paid | 4,300 | 4,300 | 2,900 | 3,400 | 2,400 | 1,900 |
Change in Working Capital | -1,896 | -1,978 | 2,365 | -484 | -733 | -1,194 |