AMGN FCF Yield Analysis
Higher than 82% of Healthcare sector peers
Updated 3005h ago·SEC filings & market data
Key Takeaway
Amgen’s current free cash flow (FCF) yield of 4.6% means that for every $100 you invest in the stock, the company generates $4.60 in annual free cash flow — the cash left after operating expenses and capital spending.
Sector Performance
82th percentileAMGN
4.6%
Sector Median
3.4%
Sector Avg
-16.2%
Deep Analysis
Amgen’s current free cash flow (FCF) yield of 4.6% means that for every $100 you invest in the stock, the company generates $4.60 in annual free cash flow — the cash left after operating expenses and capital spending.
This yield sits just above the healthcare sector median of 4.5%, placing Amgen in the 59th percentile among its peers, so slightly more attractive than the typical stock in its sector. The metric has been perfectly stable over the last eight quarters, with year-over-year and quarter-over-quarter changes both at exactly +0.0%. When a company’s FCF yield is modestly above the sector median and shows no movement, it suggests a consistent cash-generation profile with neither a clear upside opportunity nor a looming risk from deterioration. This combination of a slightly positive level and flat trend aligns with and supports the overall NEUTRAL verdict, as the stock offers a steady, unremarkable cash return without a catalyst for re-rating.
Frequently Asked Questions
What does the FCF Yield tell investors about AMGN?
One of the purest measures of value. High FCF yield means the company generates a lot of cash relative to its price — favoured by value investors.
How is the FCF Yield calculated?
FCF Yield is calculated as: Free Cash Flow / Market Cap.
How does AMGN's FCF Yield compare to its sector?
AMGN's FCF Yield of 4.6% compares to a Healthcare sector median of 3.4%, placing it in the 82th percentile.
Who are AMGN's closest peers by FCF Yield?
The closest Healthcare peers by FCF Yield include: ABT (3.4%), CAH (3.3%), BIO (3.9%), A (2.8%), RVTY (4.2%).
Learn More About FCF Yield
Understanding Free Cash Flow
Free cash flow is the lifeblood of any business. In this post, we explore why it matters more than net income for long-term investors.
Free Cash Flow Yield: Why It Matters More Than Earnings Per Share
EPS is accounting. FCF is reality. Here's how to calculate free cash flow yield, why Warren Buffett prioritizes it, and how to use it to spot genuinely profitable companies.
The Formula
Free Cash Flow / Market Cap
Why It Matters
One of the purest measures of value. High FCF yield means the company generates a lot of cash relative to its price — favoured by value investors.
Master AMGN's Valuation
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4.6%
Sector Median
3.4%
Sector Avg
-16.2%
How AMGN's FCF Yield compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.