Amgen Inc Tangible Net Worth Ratio

Latest as of December 2025: -157.3%

Amgen Inc tangible net worth ratio. Amgen Inc (AMGN) has a Tangible Net Worth Ratio of -157.3% as of December 2025. This metric is calculated by deducting intangible assets ($22.28 Billion) from net assets ($8.66 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Amgen Inc (AMGN) equity growth momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

-157.3%
Tangible equity / total equity

Net Assets (Equity)

$8.66 Billion
USD

Intangible Assets

$22.28 Billion
Goodwill, patents, brand value

Total Assets

$90.59 Billion
USD

Tangible Net Worth Ratio of Amgen Inc (1985–2025)

Tangible net worth ratio of Amgen Inc from 1985 to 2025. This chart shows how Amgen Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at -157.3%, reflecting net assets of $8.66 Billion with intangible assets of $22.28 Billion USD. Check Amgen Inc (AMGN) strategic investment index to assess the company's strategic physical and investment asset allocation.

Amgen Inc Tangible Net Worth Ratio by Year (1985–2025)

Amgen Inc tangible net worth ratio by year from 1985 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Amgen Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see how much is Amgen Inc worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 -157.3% $8.66 Billion $22.28 Billion $90.59 Billion ▲ +214.0 pp
2024 -371.3% $5.88 Billion $27.70 Billion $91.84 Billion ▲ +52.5 pp
2023 -423.8% $6.23 Billion $32.64 Billion $97.15 Billion ▼ -84.5 pp
2022 -339.2% $3.66 Billion $16.08 Billion $65.12 Billion ▼ -212.6 pp
2021 -126.6% $6.70 Billion $15.18 Billion $61.16 Billion ▼ -50.3 pp
2020 -76.3% $9.41 Billion $16.59 Billion $62.95 Billion ▲ +24.4 pp
2019 -100.7% $9.67 Billion $19.41 Billion $59.71 Billion ▼ -141.1 pp
2018 40.5% $12.50 Billion $7.44 Billion $66.42 Billion ▼ -25.4 pp
2017 65.9% $25.24 Billion $8.61 Billion $79.95 Billion ▲ +0.3 pp
2016 65.6% $29.88 Billion $10.28 Billion $77.63 Billion ▲ +6.9 pp
2015 58.7% $28.21 Billion $11.64 Billion $71.58 Billion ▲ +8.0 pp
2014 50.8% $25.78 Billion $12.69 Billion $69.01 Billion ▲ +10.8 pp
2013 40.0% $22.10 Billion $13.26 Billion $66.12 Billion ▼ -39.2 pp
2012 79.2% $19.06 Billion $3.97 Billion $54.30 Billion ▼ -7.2 pp
2011 86.4% $19.03 Billion $2.58 Billion $48.87 Billion ▼ -4.3 pp
2010 90.7% $23.94 Billion $2.23 Billion $43.49 Billion ▲ +25.4 pp
2009 65.3% $22.67 Billion $7.87 Billion $39.63 Billion ▼ -20.1 pp
2008 85.3% $20.39 Billion $2.99 Billion $36.44 Billion ▲ +4.0 pp
2007 81.4% $17.87 Billion $3.33 Billion $34.64 Billion ▲ +1.1 pp
2006 80.2% $18.96 Billion $3.75 Billion $33.79 Billion ▲ +49.9 pp
2005 30.4% $20.45 Billion $14.24 Billion $29.30 Billion ▲ +4.3 pp
2004 26.1% $19.70 Billion $14.56 Billion $29.22 Billion ▼ -1.4 pp
2003 27.5% $19.45 Billion $14.11 Billion $26.18 Billion ▲ +7.7 pp
2002 19.8% $18.29 Billion $14.67 Billion $24.46 Billion ▼ -80.2 pp
2001 100.0% $5.22 Billion $0.00 $6.44 Billion ▲ +0.0 pp
2000 100.0% $4.31 Billion $0.00 $5.40 Billion ▲ +0.0 pp
1999 100.0% $3.02 Billion $0.00 $4.08 Billion ▲ +0.0 pp
1998 100.0% $2.56 Billion $0.00 $3.67 Billion ▲ +0.0 pp
1997 100.0% $2.14 Billion $0.00 $3.11 Billion ▲ +0.0 pp
1996 100.0% $1.91 Billion $0.00 $2.77 Billion ▲ +0.0 pp
1995 100.0% $1.67 Billion $0.00 $2.43 Billion ▲ +0.0 pp
1994 100.0% $1.27 Billion $0.00 $1.99 Billion ▲ +0.0 pp
1993 100.0% $1.17 Billion $0.00 $1.77 Billion ▲ +0.0 pp
1992 100.0% $933.70 Million $0.00 $1.37 Billion ▲ +0.0 pp
1991 100.0% $531.10 Million $0.00 $865.50 Million ▲ +0.0 pp
1990 100.0% $398.00 Million $0.00 $514.00 Million ▲ +0.0 pp
1989 100.0% $188.10 Million $0.00 $308.10 Million ▲ +0.0 pp
1988 100.0% $161.90 Million $0.00 $207.10 Million ▲ +0.0 pp
1987 100.0% $163.50 Million $0.00 $192.80 Million ▲ +0.0 pp
1986 100.0% $84.00 Million $0.00 $96.80 Million ▲ +0.0 pp
1985 100.0% $80.60 Million $0.00 $93.70 Million —
pp = percentage points