Amgen Inc (AMGN) — Financial Flexibility Index
Amgen Inc (AMGN) has a Financial Flexibility Index of 0.03x as of December 2025. Free cash flow of $2.25 Billion (operating CF $1.60 Billion minus capex $642.00 Million) represents 0% of total liabilities ($81.93 Billion). Check how strategically is Amgen Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Amgen Inc Financial Flexibility Index (1988–2025)
Historical Financial Flexibility Index trend for Amgen Inc across 38 annual periods. See AMGN working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Amgen Inc (1988–2025)
Year-by-year free cash flow to debt coverage for Amgen Inc. For the full company profile including market capitalisation, see Amgen Inc (AMGN) market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.14x | $11.82 Billion | $9.96 Billion | $81.93 Billion | ▼ -1.5% |
| 2024 | 0.15x | $12.59 Billion | $11.49 Billion | $85.96 Billion | ▲ +38.9% |
| 2023 | 0.11x | $9.58 Billion | $8.47 Billion | $90.92 Billion | ▼ -39.2% |
| 2022 | 0.17x | $10.66 Billion | $9.72 Billion | $61.46 Billion | ▼ -6.9% |
| 2021 | 0.19x | $10.14 Billion | $9.26 Billion | $54.47 Billion | ▼ -10.2% |
| 2020 | 0.21x | $11.11 Billion | $10.50 Billion | $53.54 Billion | ▲ +6.2% |
| 2019 | 0.20x | $9.77 Billion | $9.15 Billion | $50.03 Billion | ▼ -12.5% |
| 2018 | 0.22x | $12.03 Billion | $11.30 Billion | $53.92 Billion | ▲ +3.1% |
| 2017 | 0.22x | $11.84 Billion | $11.18 Billion | $54.71 Billion | ▼ -7.7% |
| 2016 | 0.23x | $11.19 Billion | $10.35 Billion | $47.75 Billion | ▲ +4.5% |
| 2015 | 0.22x | $9.73 Billion | $9.08 Billion | $43.37 Billion | ▲ +1.4% |
| 2014 | 0.22x | $9.56 Billion | $8.55 Billion | $43.23 Billion | ▲ +39.4% |
| 2013 | 0.16x | $6.98 Billion | $6.29 Billion | $44.03 Billion | ▼ -14.9% |
| 2012 | 0.19x | $6.57 Billion | $5.88 Billion | $35.24 Billion | ▼ -2.1% |
| 2011 | 0.19x | $5.69 Billion | $5.12 Billion | $29.84 Billion | ▼ -41.5% |
| 2010 | 0.33x | $6.37 Billion | $5.79 Billion | $19.54 Billion | ▼ -19.5% |
| 2009 | 0.40x | $6.87 Billion | $6.34 Billion | $16.96 Billion | ▼ -2.4% |
| 2008 | 0.41x | $6.66 Billion | $5.99 Billion | $16.06 Billion | ▲ +4.3% |
| 2007 | 0.40x | $6.67 Billion | $5.40 Billion | $16.77 Billion | ▼ -10.8% |
| 2006 | 0.45x | $6.61 Billion | $5.39 Billion | $14.82 Billion | ▼ -31.8% |
| 2005 | 0.65x | $5.78 Billion | $4.91 Billion | $8.85 Billion | ▲ +23.5% |
| 2004 | 0.53x | $5.03 Billion | $3.70 Billion | $9.52 Billion | ▼ -27.8% |
| 2003 | 0.73x | $4.92 Billion | $3.57 Billion | $6.72 Billion | ▲ +55.4% |
| 2002 | 0.47x | $2.91 Billion | $2.25 Billion | $6.17 Billion | ▼ -69.9% |
| 2001 | 1.57x | $1.92 Billion | $1.48 Billion | $1.23 Billion | ▼ -17.9% |
| 2000 | 1.91x | $2.07 Billion | $1.63 Billion | $1.09 Billion | ▲ +45.9% |
| 1999 | 1.31x | $1.38 Billion | $1.08 Billion | $1.05 Billion | ▲ +0.2% |
| 1998 | 1.31x | $1.45 Billion | $1.04 Billion | $1.11 Billion | ▼ -1.8% |
| 1997 | 1.33x | $1.29 Billion | $902.90 Million | $970.90 Million | ▲ +4.8% |
| 1996 | 1.27x | $1.09 Billion | $822.60 Million | $859.30 Million | ▲ +3.1% |
| 1995 | 1.23x | $935.90 Million | $773.20 Million | $761.00 Million | ▲ +33.6% |
| 1994 | 0.92x | $662.70 Million | $531.90 Million | $719.80 Million | ▼ -15.0% |
| 1993 | 1.08x | $642.90 Million | $433.00 Million | $593.50 Million | ▼ -6.9% |
| 1992 | 1.16x | $512.60 Million | $292.80 Million | $440.60 Million | ▲ +15.4% |
| 1991 | 1.01x | $337.00 Million | $219.70 Million | $334.40 Million | ▲ +49.1% |
| 1990 | 0.68x | $78.40 Million | $13.50 Million | $116.00 Million | ▲ +29.1% |
| 1989 | 0.52x | $62.80 Million | $18.70 Million | $120.00 Million | ▼ -36.6% |
| 1988 | 0.83x | $37.30 Million | $-5.90 Million | $45.20 Million | — |