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 AMGN long-term investments to assets to see how much of total assets are deployed in long-term investments.

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. Check Amgen Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Amgen Inc (1989–2025)

Year-by-year earnings quality comparison for Amgen Inc. For live market cap and the full company financial profile, see how much is Amgen Inc worth.

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.