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AMGN vs. GKOS: A Head-to-Head Stock Comparison

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Here’s a clear look at AMGN and GKOS, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Overview

AMGN’s market capitalization of 160.37 billion USD is substantially larger than GKOS’s 5.91 billion USD, indicating a significant difference in their market valuations.

GKOS carries a higher beta at 0.81, indicating it’s more sensitive to market moves, while AMGN (beta: 0.50) exhibits greater stability.

SymbolAMGNGKOS
Company NameAmgen Inc.Glaukos Corporation
CountryUSUS
SectorHealthcareHealthcare
IndustryDrug Manufacturers - GeneralMedical - Devices
CEORobert A. BradwayThomas William Burns
Price298.24 USD103.5 USD
Market Cap160.37 billion USD5.91 billion USD
Beta0.500.81
ExchangeNASDAQNYSE
IPO DateJune 17, 1983June 25, 2015
ADRNoNo

Historical Performance

This chart compares the performance of AMGN and GKOS by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.

Data is adjusted for dividends and splits.

AMGN vs. GKOS: Growth of a $10,000 investment over the past one year.

Profitability

Return on Equity

AMGN

92.94%

Drug Manufacturers - General Industry

Max
95.59%
Q3
76.92%
Median
30.71%
Q1
8.97%
Min
-14.85%

In the upper quartile for the Drug Manufacturers - General industry, AMGN’s Return on Equity of 92.94% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

GKOS

-17.27%

Medical - Devices Industry

Max
49.04%
Q3
9.53%
Median
-7.46%
Q1
-32.83%
Min
-82.64%

GKOS has a negative Return on Equity of -17.27%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.

AMGN vs. GKOS: A comparison of their ROE against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Return on Invested Capital

AMGN

9.53%

Drug Manufacturers - General Industry

Max
25.72%
Q3
17.89%
Median
11.47%
Q1
9.39%
Min
2.87%

AMGN’s Return on Invested Capital of 9.53% is in line with the norm for the Drug Manufacturers - General industry, reflecting a standard level of efficiency in generating profits from its capital base.

GKOS

-11.37%

Medical - Devices Industry

Max
21.88%
Q3
6.63%
Median
-1.11%
Q1
-21.08%
Min
-51.95%

GKOS has a negative Return on Invested Capital of -11.37%. This indicates that its operations are failing to generate a profit on the total capital invested, signaling significant inefficiency or value destruction.

AMGN vs. GKOS: A comparison of their ROIC against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Net Profit Margin

AMGN

17.39%

Drug Manufacturers - General Industry

Max
34.51%
Q3
23.04%
Median
14.73%
Q1
11.78%
Min
2.18%

AMGN’s Net Profit Margin of 17.39% is aligned with the median group of its peers in the Drug Manufacturers - General industry. This indicates its ability to convert revenue into profit is typical for the sector.

GKOS

-30.57%

Medical - Devices Industry

Max
44.80%
Q3
9.77%
Median
-5.53%
Q1
-29.37%
Min
-87.68%

GKOS has a negative Net Profit Margin of -30.57%, indicating the company is operating at a net loss as its expenses exceeded its revenues.

AMGN vs. GKOS: A comparison of their Net Profit Margin against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Operating Profit Margin

AMGN

21.82%

Drug Manufacturers - General Industry

Max
40.70%
Q3
28.90%
Median
23.41%
Q1
19.05%
Min
16.13%

AMGN’s Operating Profit Margin of 21.82% is around the midpoint for the Drug Manufacturers - General industry, indicating that its efficiency in managing core business operations is typical for the sector.

GKOS

-25.09%

Medical - Devices Industry

Max
30.13%
Q3
13.12%
Median
3.47%
Q1
-24.42%
Min
-80.56%

GKOS has a negative Operating Profit Margin of -25.09%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.

AMGN vs. GKOS: A comparison of their Operating Margin against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Profitability at a Glance

SymbolAMGNGKOS
Return on Equity (TTM)92.94%-17.27%
Return on Assets (TTM)6.64%-12.80%
Return on Invested Capital (TTM)9.53%-11.37%
Net Profit Margin (TTM)17.39%-30.57%
Operating Profit Margin (TTM)21.82%-25.09%
Gross Profit Margin (TTM)63.00%75.75%

Financial Strength

Current Ratio

AMGN

1.17

Drug Manufacturers - General Industry

Max
1.67
Q3
1.37
Median
1.26
Q1
0.87
Min
0.39

AMGN’s Current Ratio of 1.17 aligns with the median group of the Drug Manufacturers - General industry, indicating that its short-term liquidity is in line with its sector peers.

GKOS

6.49

Medical - Devices Industry

Max
12.68
Q3
6.30
Median
4.05
Q1
1.85
Min
0.01

GKOS’s Current Ratio of 6.49 is in the upper quartile for the Medical - Devices industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

AMGN vs. GKOS: A comparison of their Current Ratio against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Debt-to-Equity Ratio

AMGN

9.24

Drug Manufacturers - General Industry

Max
2.95
Q3
2.44
Median
0.86
Q1
0.68
Min
0.09

With a Debt-to-Equity Ratio of 9.24, AMGN operates with exceptionally high leverage compared to the Drug Manufacturers - General industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

GKOS

0.14

Medical - Devices Industry

Max
2.34
Q3
1.09
Median
0.37
Q1
0.08
Min
0.00

GKOS’s Debt-to-Equity Ratio of 0.14 is typical for the Medical - Devices industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

AMGN vs. GKOS: A comparison of their D/E Ratio against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Interest Coverage Ratio

AMGN

3.19

Drug Manufacturers - General Industry

Max
27.46
Q3
14.40
Median
7.80
Q1
4.07
Min
1.67

In the lower quartile for the Drug Manufacturers - General industry, AMGN’s Interest Coverage Ratio of 3.19 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

GKOS

-13.09

Medical - Devices Industry

Max
18.18
Q3
7.53
Median
0.85
Q1
-9.80
Min
-33.94

GKOS has a negative Interest Coverage Ratio of -13.09. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

AMGN vs. GKOS: A comparison of their Interest Coverage against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Financial Strength at a Glance

SymbolAMGNGKOS
Current Ratio (TTM)1.176.49
Quick Ratio (TTM)0.885.62
Debt-to-Equity Ratio (TTM)9.240.14
Debt-to-Asset Ratio (TTM)0.640.11
Net Debt-to-EBITDA Ratio (TTM)3.920.11
Interest Coverage Ratio (TTM)3.19-13.09

Growth

The following charts compare key year-over-year (YoY) growth metrics for AMGN and GKOS. These metrics are based on the companies’ annual financial reports.

Revenue Growth

AMGN vs. GKOS: A comparison of their annual year-over-year Revenue Growth.

Earnings Per Share (EPS) Growth

AMGN vs. GKOS: A comparison of their annual year-over-year Earnings Per Share (EPS) Growth.

Free Cash Flow Growth

AMGN vs. GKOS: A comparison of their annual year-over-year Free Cash Flow Growth.

Dividend

Dividend Yield

AMGN

3.10%

Drug Manufacturers - General Industry

Max
8.72%
Q3
4.10%
Median
3.34%
Q1
1.89%
Min
0.00%

AMGN’s Dividend Yield of 3.10% is consistent with its peers in the Drug Manufacturers - General industry, providing a dividend return that is standard for its sector.

GKOS

0.00%

Medical - Devices Industry

Max
3.57%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

GKOS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

AMGN vs. GKOS: A comparison of their Dividend Yield against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Dividend Payout Ratio

AMGN

82.64%

Drug Manufacturers - General Industry

Max
266.46%
Q3
78.91%
Median
60.27%
Q1
43.74%
Min
0.00%

AMGN’s Dividend Payout Ratio of 82.64% is in the upper quartile for the Drug Manufacturers - General industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

GKOS

0.00%

Medical - Devices Industry

Max
102.12%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

GKOS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

AMGN vs. GKOS: A comparison of their Payout Ratio against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Dividend at a Glance

SymbolAMGNGKOS
Dividend Yield (TTM)3.10%0.00%
Dividend Payout Ratio (TTM)82.64%0.00%

Valuation

Price-to-Earnings Ratio

AMGN

27.04

Drug Manufacturers - General Industry

Max
27.96
Q3
25.84
Median
18.32
Q1
16.65
Min
3.39

A P/E Ratio of 27.04 places AMGN in the upper quartile for the Drug Manufacturers - General industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

GKOS

-47.40

Medical - Devices Industry

Max
90.56
Q3
56.92
Median
43.19
Q1
21.79
Min
5.55

GKOS has a negative P/E Ratio of -47.40. This occurs when a company has negative earnings (a net loss), making the ratio unsuitable for valuation analysis.

AMGN vs. GKOS: A comparison of their P/E Ratio against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Forward P/E to Growth Ratio

AMGN

7.57

Drug Manufacturers - General Industry

Max
3.10
Q3
3.09
Median
2.72
Q1
2.18
Min
1.02

AMGN’s Forward PEG Ratio of 7.57 is exceptionally high for the Drug Manufacturers - General industry. This suggests its stock price is very high relative to its expected earnings growth, signaling significant overvaluation risk.

GKOS

-2.66

Medical - Devices Industry

Max
6.56
Q3
3.52
Median
2.22
Q1
0.55
Min
0.03

GKOS has a negative Forward PEG Ratio of -2.66. This typically results from negative earnings or forecasts of declining future earnings, making the ratio not meaningful for valuation.

AMGN vs. GKOS: A comparison of their Forward PEG Ratio against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Price-to-Sales Ratio

AMGN

4.70

Drug Manufacturers - General Industry

Max
6.47
Q3
4.47
Median
3.53
Q1
1.96
Min
0.41

AMGN’s P/S Ratio of 4.70 is in the upper echelon for the Drug Manufacturers - General industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

GKOS

14.62

Medical - Devices Industry

Max
15.74
Q3
8.12
Median
3.40
Q1
2.37
Min
0.42

GKOS’s P/S Ratio of 14.62 is in the upper echelon for the Medical - Devices industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

AMGN vs. GKOS: A comparison of their P/S Ratio against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Price-to-Book Ratio

AMGN

25.85

Drug Manufacturers - General Industry

Max
7.80
Q3
7.80
Median
5.30
Q1
4.06
Min
1.08

The P/B Ratio is often not a primary valuation metric for the Drug Manufacturers - General industry.

GKOS

7.67

Medical - Devices Industry

Max
16.65
Q3
8.03
Median
3.73
Q1
1.92
Min
0.65

GKOS’s P/B Ratio of 7.67 is within the conventional range for the Medical - Devices industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

AMGN vs. GKOS: A comparison of their P/B Ratio against their respective Drug Manufacturers - General and Medical - Devices industry benchmarks.

Valuation at a Glance

SymbolAMGNGKOS
Price-to-Earnings Ratio (P/E, TTM)27.04-47.40
Forward PEG Ratio (TTM)7.57-2.66
Price-to-Sales Ratio (P/S, TTM)4.7014.62
Price-to-Book Ratio (P/B, TTM)25.857.67
Price-to-Free Cash Flow Ratio (P/FCF, TTM)14.69-111.08
EV-to-EBITDA (TTM)16.88-73.51
EV-to-Sales (TTM)6.1214.60