Drug Manufacturers - General
Compare Stocks
3 / 10Stock Comparison
AMGN vs GILD vs BIIB
Revenue, margins, valuation, and 5-year total return — side by side.
Drug Manufacturers - General
Drug Manufacturers - General
AMGN vs GILD vs BIIB — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||
|---|---|---|---|
| Industry | Drug Manufacturers - General | Drug Manufacturers - General | Drug Manufacturers - General |
| Market Cap | $178.70B | $169.83B | $28.15B |
| Revenue (TTM) | $37.24B | $29.44B | $9.86B |
| Net Income (TTM) | $7.80B | $8.51B | $1.37B |
| Gross Margin | 71.5% | 80.8% | 69.8% |
| Operating Margin | 31.6% | 37.4% | 15.6% |
| Forward P/E | 14.8x | 15.9x | 13.0x |
| Total Debt | $54.60B | $26.71B | $6.95B |
| Cash & Equiv. | $9.13B | $9.99B | $3.01B |
AMGN vs GILD vs BIIB — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Amgen Inc. (AMGN) | 100 | 144.1 | +44.1% |
| Gilead Sciences, In… (GILD) | 100 | 175.1 | +75.1% |
| Biogen Inc. (BIIB) | 100 | 62.1 | -37.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: AMGN vs GILD vs BIIB
Each card shows where this stock fits in a portfolio — not just who wins on paper.
AMGN has the current edge in this matchup, primarily because of its strength in income & stability and growth exposure.
- Dividend streak 15 yrs, beta 0.60, yield 2.9%
- Rev growth 9.9%, EPS growth 88.2%, 3Y rev CAGR 11.8%
- 161.5% 10Y total return vs GILD's 92.6%
GILD is the clearest fit if your priority is quality and efficiency.
- 28.9% margin vs BIIB's 13.9%
- 14.4% ROA vs BIIB's 4.7%, ROIC 3.2% vs 6.5%
BIIB is the clearest fit if your priority is sleep-well-at-night.
- Lower volatility, beta 0.64, Low D/E 38.1%, current ratio 2.68x
- Lower P/E (13.0x vs 15.9x)
- +63.2% vs AMGN's +26.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 9.9% revenue growth vs BIIB's 1.4% | |
| Value | Lower P/E (13.0x vs 15.9x) | |
| Quality / Margins | 28.9% margin vs BIIB's 13.9% | |
| Stability / Safety | Beta 0.60 vs GILD's 0.66 | |
| Dividends | 2.9% yield, 15-year raise streak, vs GILD's 2.3%, (1 stock pays no dividend) | |
| Momentum (1Y) | +63.2% vs AMGN's +26.0% | |
| Efficiency (ROA) | 14.4% ROA vs BIIB's 4.7%, ROIC 3.2% vs 6.5% |
AMGN vs GILD vs BIIB — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
AMGN vs GILD vs BIIB — Financial Metrics
Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
GILD leads in 2 of 6 categories
AMGN leads 2 • BIIB leads 1 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
GILD leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
AMGN is the larger business by revenue, generating $37.2B annually — 3.8x BIIB's $9.9B. GILD is the more profitable business, keeping 28.9% of every revenue dollar as net income compared to BIIB's 13.9%. On growth, AMGN holds the edge at +5.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||
|---|---|---|---|
| RevenueTrailing 12 months | $37.2B | $29.4B | $9.9B |
| EBITDAEarnings before interest/tax | $15.6B | $12.4B | $2.4B |
| Net IncomeAfter-tax profit | $7.8B | $8.5B | $1.4B |
| Free Cash FlowCash after capex | $8.6B | $9.7B | $2.6B |
| Gross MarginGross profit ÷ Revenue | +71.5% | +80.8% | +69.8% |
| Operating MarginEBIT ÷ Revenue | +31.6% | +37.4% | +15.6% |
| Net MarginNet income ÷ Revenue | +20.9% | +28.9% | +13.9% |
| FCF MarginFCF ÷ Revenue | +23.1% | +32.8% | +26.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | +5.8% | +4.7% | +1.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +4.4% | +22.5% | +31.1% |
Valuation Metrics
BIIB leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 21.6x trailing earnings, BIIB trades at a 94% valuation discount to GILD's 358.7x P/E. On an enterprise value basis, BIIB's 11.4x EV/EBITDA is more attractive than GILD's 42.1x.
| Metric | |||
|---|---|---|---|
| Market CapShares × price | $178.7B | $169.8B | $28.2B |
| Enterprise ValueMkt cap + debt − cash | $224.2B | $186.5B | $32.1B |
| Trailing P/EPrice ÷ TTM EPS | 23.27x | 358.68x | 21.59x |
| Forward P/EPrice ÷ next-FY EPS est. | 14.83x | 15.95x | 13.00x |
| PEG RatioP/E ÷ EPS growth rate | 7.91x | — | — |
| EV / EBITDAEnterprise value multiple | 14.15x | 42.12x | 11.41x |
| Price / SalesMarket cap ÷ Revenue | 4.86x | 5.91x | 2.87x |
| Price / BookPrice ÷ Book value/share | 20.73x | 8.89x | 1.53x |
| Price / FCFMarket cap ÷ FCF | 22.06x | 16.48x | 13.73x |
Profitability & Efficiency
AMGN leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
AMGN delivers a 89.4% return on equity — every $100 of shareholder capital generates $89 in annual profit, vs $8 for BIIB. BIIB carries lower financial leverage with a 0.38x debt-to-equity ratio, signaling a more conservative balance sheet compared to AMGN's 6.31x. On the Piotroski fundamental quality scale (0–9), AMGN scores 7/9 vs BIIB's 5/9, reflecting strong financial health.
| Metric | |||
|---|---|---|---|
| ROE (TTM)Return on equity | +89.4% | +37.6% | +7.5% |
| ROA (TTM)Return on assets | +8.6% | +14.4% | +4.7% |
| ROICReturn on invested capital | +14.8% | +3.2% | +6.5% |
| ROCEReturn on capital employed | +16.0% | +3.4% | +7.7% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 7 | 5 |
| Debt / EquityFinancial leverage | 6.31x | 1.39x | 0.38x |
| Net DebtTotal debt minus cash | $45.5B | $16.7B | $3.9B |
| Cash & Equiv.Liquid assets | $9.1B | $10.0B | $3.0B |
| Total DebtShort + long-term debt | $54.6B | $26.7B | $6.9B |
| Interest CoverageEBIT ÷ Interest expense | 5.02x | 10.56x | 6.91x |
Total Returns (Dividends Reinvested)
GILD leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in GILD five years ago would be worth $22,755 today (with dividends reinvested), compared to $7,007 for BIIB. Over the past 12 months, BIIB leads with a +63.2% total return vs AMGN's +26.0%. The 3-year compound annual growth rate (CAGR) favors GILD at 22.8% vs BIIB's -15.4% — a key indicator of consistent wealth creation.
| Metric | |||
|---|---|---|---|
| YTD ReturnYear-to-date | +1.8% | +12.8% | +7.2% |
| 1-Year ReturnPast 12 months | +26.0% | +42.5% | +63.2% |
| 3-Year ReturnCumulative with dividends | +52.8% | +85.3% | -39.3% |
| 5-Year ReturnCumulative with dividends | +48.7% | +127.5% | -29.9% |
| 10-Year ReturnCumulative with dividends | +161.5% | +92.6% | -27.7% |
| CAGR (3Y)Annualised 3-year return | +15.2% | +22.8% | -15.4% |
Risk & Volatility
Evenly matched — AMGN and BIIB each lead in 1 of 2 comparable metrics.
Risk & Volatility
AMGN is the less volatile stock with a 0.60 beta — it tends to amplify market swings less than GILD's 0.66 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BIIB currently trades 94.2% from its 52-week high vs AMGN's 84.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||
|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.60x | 0.66x | 0.64x |
| 52-Week HighHighest price in past year | $391.29 | $157.29 | $202.41 |
| 52-Week LowLowest price in past year | $261.43 | $95.30 | $115.25 |
| % of 52W HighCurrent price vs 52-week peak | +84.6% | +86.7% | +94.2% |
| RSI (14)Momentum oscillator 0–100 | 37.9 | 45.3 | 55.1 |
| Avg Volume (50D)Average daily shares traded | 2.5M | 5.8M | 1.1M |
Analyst Outlook
AMGN leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: AMGN as "Buy", GILD as "Buy", BIIB as "Buy". Consensus price targets imply 18.8% upside for GILD (target: $162) vs 5.9% for AMGN (target: $351). For income investors, AMGN offers the higher dividend yield at 2.86% vs GILD's 2.29%.
| Metric | |||
|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $350.76 | $161.88 | $211.42 |
| # AnalystsCovering analysts | 38 | 58 | 48 |
| Dividend YieldAnnual dividend ÷ price | +2.9% | +2.3% | — |
| Dividend StreakConsecutive years of raises | 15 | 10 | 0 |
| Dividend / ShareAnnual DPS | $9.45 | $3.12 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.7% | 0.0% |
GILD leads in 2 of 6 categories (Income & Cash Flow, Total Returns). AMGN leads in 2 (Profitability & Efficiency, Analyst Outlook). 1 tied.
AMGN vs GILD vs BIIB: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is AMGN or GILD or BIIB a better buy right now?
For growth investors, Amgen Inc.
(AMGN) is the stronger pick with 9. 9% revenue growth year-over-year, versus 1. 4% for Biogen Inc. (BIIB). Biogen Inc. (BIIB) offers the better valuation at 21. 6x trailing P/E (13. 0x forward), making it the more compelling value choice. Analysts rate Amgen Inc. (AMGN) a "Buy" — based on 38 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — AMGN or GILD or BIIB?
On trailing P/E, Biogen Inc.
(BIIB) is the cheapest at 21. 6x versus Gilead Sciences, Inc. at 358. 7x. On forward P/E, Biogen Inc. is actually cheaper at 13. 0x.
03Which is the better long-term investment — AMGN or GILD or BIIB?
Over the past 5 years, Gilead Sciences, Inc.
(GILD) delivered a total return of +127. 5%, compared to -29. 9% for Biogen Inc. (BIIB). Over 10 years, the gap is even starker: AMGN returned +161. 5% versus BIIB's -27. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — AMGN or GILD or BIIB?
By beta (market sensitivity over 5 years), Amgen Inc.
(AMGN) is the lower-risk stock at 0. 60β versus Gilead Sciences, Inc. 's 0. 66β — meaning GILD is approximately 9% more volatile than AMGN relative to the S&P 500. On balance sheet safety, Biogen Inc. (BIIB) carries a lower debt/equity ratio of 38% versus 6% for Amgen Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — AMGN or GILD or BIIB?
By revenue growth (latest reported year), Amgen Inc.
(AMGN) is pulling ahead at 9. 9% versus 1. 4% for Biogen Inc. (BIIB). On earnings-per-share growth, the picture is similar: Amgen Inc. grew EPS 88. 2% year-over-year, compared to -91. 6% for Gilead Sciences, Inc.. Over a 3-year CAGR, AMGN leads at 11. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — AMGN or GILD or BIIB?
Amgen Inc.
(AMGN) is the more profitable company, earning 21. 0% net margin versus 1. 7% for Gilead Sciences, Inc. — meaning it keeps 21. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AMGN leads at 29. 1% versus 5. 8% for GILD. At the gross margin level — before operating expenses — GILD leads at 78. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is AMGN or GILD or BIIB more undervalued right now?
On forward earnings alone, Biogen Inc.
(BIIB) trades at 13. 0x forward P/E versus 15. 9x for Gilead Sciences, Inc. — 3. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for GILD: 18. 8% to $161. 88.
08Which pays a better dividend — AMGN or GILD or BIIB?
In this comparison, AMGN (2.
9% yield), GILD (2. 3% yield) pay a dividend. BIIB does not pay a meaningful dividend and should not be held primarily for income.
09Is AMGN or GILD or BIIB better for a retirement portfolio?
For long-horizon retirement investors, Amgen Inc.
(AMGN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 60), 2. 9% yield, +161. 5% 10Y return). Both have compounded well over 10 years (AMGN: +161. 5%, BIIB: -27. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between AMGN and GILD and BIIB?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
AMGN, GILD pay a dividend while BIIB does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.