Amgen Inc (AMGN) — Cash Flow-to-Debt Ratio
Amgen Inc (AMGN) has a Cash Flow-to-Debt Ratio of 0.02x as of December 2025, meaning its operating cash flow of $1.60 Billion could theoretically repay 0% of its total liabilities ($81.93 Billion) in one year. See AMGN cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Amgen Inc Cash Flow-to-Debt Ratio (1988–2025)
Historical debt coverage capacity for Amgen Inc across 38 annual periods. Also explore how fast is Amgen Inc growing its equity to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Amgen Inc (1988–2025)
Year-by-year debt coverage analysis for Amgen Inc. For market capitalisation and broader financial context, see market value of Amgen Inc.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | $9.96 Billion | $81.93 Billion | ▼ -9.1% |
| 2024 | 0.13x | $11.49 Billion | $85.96 Billion | ▲ +43.5% |
| 2023 | 0.09x | $8.47 Billion | $90.92 Billion | ▼ -41.1% |
| 2022 | 0.16x | $9.72 Billion | $61.46 Billion | ▼ -7.0% |
| 2021 | 0.17x | $9.26 Billion | $54.47 Billion | ▼ -13.3% |
| 2020 | 0.20x | $10.50 Billion | $53.54 Billion | ▲ +7.2% |
| 2019 | 0.18x | $9.15 Billion | $50.03 Billion | ▼ -12.7% |
| 2018 | 0.21x | $11.30 Billion | $53.92 Billion | ▲ +2.6% |
| 2017 | 0.20x | $11.18 Billion | $54.71 Billion | ▼ -5.8% |
| 2016 | 0.22x | $10.35 Billion | $47.75 Billion | ▲ +3.6% |
| 2015 | 0.21x | $9.08 Billion | $43.37 Billion | ▲ +5.8% |
| 2014 | 0.20x | $8.55 Billion | $43.23 Billion | ▲ +38.5% |
| 2013 | 0.14x | $6.29 Billion | $44.03 Billion | ▼ -14.4% |
| 2012 | 0.17x | $5.88 Billion | $35.24 Billion | ▼ -2.7% |
| 2011 | 0.17x | $5.12 Billion | $29.84 Billion | ▼ -42.1% |
| 2010 | 0.30x | $5.79 Billion | $19.54 Billion | ▼ -20.7% |
| 2009 | 0.37x | $6.34 Billion | $16.96 Billion | ▲ +0.2% |
| 2008 | 0.37x | $5.99 Billion | $16.06 Billion | ▲ +15.8% |
| 2007 | 0.32x | $5.40 Billion | $16.77 Billion | ▼ -11.4% |
| 2006 | 0.36x | $5.39 Billion | $14.82 Billion | ▼ -34.5% |
| 2005 | 0.56x | $4.91 Billion | $8.85 Billion | ▲ +42.9% |
| 2004 | 0.39x | $3.70 Billion | $9.52 Billion | ▼ -26.8% |
| 2003 | 0.53x | $3.57 Billion | $6.72 Billion | ▲ +45.5% |
| 2002 | 0.36x | $2.25 Billion | $6.17 Billion | ▼ -69.8% |
| 2001 | 1.21x | $1.48 Billion | $1.23 Billion | ▼ -19.8% |
| 2000 | 1.51x | $1.63 Billion | $1.09 Billion | ▲ +47.7% |
| 1999 | 1.02x | $1.08 Billion | $1.05 Billion | ▲ +8.7% |
| 1998 | 0.94x | $1.04 Billion | $1.11 Billion | ▲ +0.9% |
| 1997 | 0.93x | $902.90 Million | $970.90 Million | ▼ -2.9% |
| 1996 | 0.96x | $822.60 Million | $859.30 Million | ▼ -5.8% |
| 1995 | 1.02x | $773.20 Million | $761.00 Million | ▲ +37.5% |
| 1994 | 0.74x | $531.90 Million | $719.80 Million | ▲ +1.3% |
| 1993 | 0.73x | $433.00 Million | $593.50 Million | ▲ +9.8% |
| 1992 | 0.66x | $292.80 Million | $440.60 Million | ▲ +1.1% |
| 1991 | 0.66x | $219.70 Million | $334.40 Million | ▲ +464.5% |
| 1990 | 0.12x | $13.50 Million | $116.00 Million | ▼ -25.3% |
| 1989 | 0.16x | $18.70 Million | $120.00 Million | ▲ +219.4% |
| 1988 | -0.13x | $-5.90 Million | $45.20 Million | — |