AMGN vs INCY
Amgen (AMGN) and Incyte (INCY) compared side by side. Amgen (AMGN) is larger, with a market cap of $237.5B versus $23.5B for Incyte, about 10.1 times the size. On trailing earnings, INCY is cheaper at 14.7x versus 27.3x for AMGN.
Head to head
| Metric | AMGN | INCY |
|---|---|---|
| Market cap | $237.5B | $23.5B |
| P/E (TTM) | 27.3x | 14.7x |
| Forward P/E | 17.9x | 13.4x |
| Revenue (TTM) | $38.1B | $5.8B |
| Revenue growth | 9.5% | 37.7% |
| Gross margin | 71.9% | 55.7% |
| Operating margin | 35.5% | 41.9% |
| Free cash flow | $10.2B | $1.9B |
| Dividend yield | 2.29% | None |
| 1-year return | +54.1% | +29.6% |
| 5-year return (annual) | +19.7% | +12.0% |
| Max drawdown | -78% | -99% |
| FI Handbook grade | B- | B |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
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AMGN vs INCY FAQ
Which is bigger, AMGN or INCY?
Amgen (AMGN) is larger, with a market cap of $237.5B versus $23.5B for Incyte, about 10.1 times the size.
Is AMGN or INCY cheaper?
On trailing earnings, INCY is cheaper at 14.7x versus 27.3x for AMGN. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, AMGN or INCY?
AMGN returned +54.1% over the past year including dividends, versus +29.6% for INCY, through October 23, 2026.
Which pays a higher dividend, AMGN or INCY?
AMGN yields 2.29%; INCY does not pay a dividend.