Overview
Amgen is a biopharmaceutical company incorporated in America and operating under biotechnology industry. Recently it has emerged as the leader and the largest company in the world with more than 17,900 employees globally. The company is listed in NASDAQ-100 and S&P 500 with a trading symbol of AMGN.
Financial Details
Amgen it has a market capitalization of approximately $117.7 billion. In the fiscal year 2017 income statement, the total revenue amounted to $20.63 billion and an operating profit of $6.291 billion. The net income after interest and tax was $5.158 billion. The balance sheet of the same fiscal year had total assets exceeding $600 billion.
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Overall Financial Growth/Changes
Revenue: Over the last ten years, the company has experienced substantial revenue growth. For instance, in 2014, 2015, and 2016, the revenue has been increasing at 15.27%, 3.27%, and 2.63% correspondingly. However, in the year 2017, it declined slightly by 2.29% due to overall slowdown and recession in the pharmaceutical industry.
Assets: For the last decade, the assets of the company have increased with more than 136% an increased which has recorded annually. This shows a high level of capital expenditure on assets acquisition. The table below summarizes the changes in assets over the recent past years.
|
Year |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
|
% Change |
15.33% |
2.52% |
5.21% |
8.74% |
9.73% |
11.1% |
4.36% |
Liabilities: Over the last ten years, the company had only one exceptional increase in liability 66.97% in the year 2016. This result from the issue of convertible notes worth $1.778 billion. In the subsequent year, the liabilities decreased by 4.25$ after settling 50% of its long-term liability.
With this into consideration, assuming that one purchased 30 shares at a current price $332.57 per share on November 21, 2018, what would be the earning after a year. Using AMGN stock data, the current dividend per share is $1.32 and thus, the total dividend would be $39.62 (1.32*30).
