Amgen Inc (AMGN) — Cash Flow Quality Index
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 cash conversion from operations to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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 AMGN cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
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 AMGN stock market capitalisation.
| 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 | — |