Amgen Inc (AMGN) — Cash Flow Quality Index
Latest as of December 2025:
1.20x
Amgen Inc (AMGN) has a Cash Flow Quality Index of 1.20x as of December 2025. Operating cash flow of $1.60 Billion exceeds net income of $1.33 Billion, indicating high earnings quality where cash backs reported profits. Explore Amgen Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
1.20x
Operating CF / Net Income
Operating Cash Flow
$1.60 Billion
USD
Net Income
$1.33 Billion
USD
Data as of
Dec 2025
Most recent filing
Amgen Inc Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Amgen Inc across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Amgen Inc.
Annual Cash Flow Quality Index for Amgen Inc (1989–2025)
Year-by-year earnings quality comparison for Amgen Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.29x | $9.96 Billion | $7.71 Billion | ▼ -54.0% |
| 2024 | 2.81x | $11.49 Billion | $4.09 Billion | ▲ +122.8% |
| 2023 | 1.26x | $8.47 Billion | $6.72 Billion | ▼ -15.0% |
| 2022 | 1.48x | $9.72 Billion | $6.55 Billion | ▼ -5.6% |
| 2021 | 1.57x | $9.26 Billion | $5.89 Billion | ▲ +8.8% |
| 2020 | 1.45x | $10.50 Billion | $7.26 Billion | ▲ +23.8% |
| 2019 | 1.17x | $9.15 Billion | $7.84 Billion | ▼ -13.3% |
| 2018 | 1.35x | $11.30 Billion | $8.39 Billion | ▼ -76.2% |
| 2017 | 5.65x | $11.18 Billion | $1.98 Billion | ▲ +321.2% |
| 2016 | 1.34x | $10.35 Billion | $7.72 Billion | ▲ +2.5% |
| 2015 | 1.31x | $9.08 Billion | $6.94 Billion | ▼ -21.1% |
| 2014 | 1.66x | $8.55 Billion | $5.16 Billion | ▲ +34.0% |
| 2013 | 1.24x | $6.29 Billion | $5.08 Billion | ▼ -8.5% |
| 2012 | 1.35x | $5.88 Billion | $4.34 Billion | ▼ -2.6% |
| 2011 | 1.39x | $5.12 Billion | $3.68 Billion | ▲ +11.1% |
| 2010 | 1.25x | $5.79 Billion | $4.63 Billion | ▼ -9.1% |
| 2009 | 1.38x | $6.34 Billion | $4.61 Billion | ▼ -3.6% |
| 2008 | 1.43x | $5.99 Billion | $4.20 Billion | ▼ -16.3% |
| 2007 | 1.71x | $5.40 Billion | $3.17 Billion | ▼ -6.6% |
| 2006 | 1.83x | $5.39 Billion | $2.95 Billion | ▲ +36.7% |
| 2005 | 1.34x | $4.91 Billion | $3.67 Billion | ▼ -14.6% |
| 2004 | 1.56x | $3.70 Billion | $2.36 Billion | ▼ -0.9% |
| 2003 | 1.58x | $3.57 Billion | $2.26 Billion | ▲ +19.4% |
| 2001 | 1.32x | $1.48 Billion | $1.12 Billion | ▼ -7.9% |
| 2000 | 1.44x | $1.63 Billion | $1.14 Billion | ▲ +46.4% |
| 1999 | 0.98x | $1.08 Billion | $1.10 Billion | ▼ -18.7% |
| 1998 | 1.21x | $1.04 Billion | $863.20 Million | ▼ -13.9% |
| 1997 | 1.40x | $902.90 Million | $644.30 Million | ▲ +15.8% |
| 1996 | 1.21x | $822.60 Million | $679.80 Million | ▼ -15.8% |
| 1995 | 1.44x | $773.20 Million | $537.70 Million | ▼ -13.6% |
| 1994 | 1.66x | $531.90 Million | $319.70 Million | ▲ +43.9% |
| 1993 | 1.16x | $433.00 Million | $374.60 Million | ▲ +41.2% |
| 1992 | 0.82x | $292.80 Million | $357.60 Million | ▼ -63.5% |
| 1991 | 2.24x | $219.70 Million | $97.90 Million | ▲ +470.2% |
| 1990 | 0.39x | $13.50 Million | $34.30 Million | ▼ -59.8% |
| 1989 | 0.98x | $18.70 Million | $19.10 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.