AMGN vs ABBV Stock Comparison: AI Score, Valuation, Performance and Upside
Amgen and AbbVie are both large-cap biopharmaceutical dividend companies with significant pipeline transitions underway. Amgen is pivoting toward obesity (MariTide), oncology (Imdelltra), and biosimilars. AbbVie is replacing Humira with Skyrizi and Rinvoq in immunology while Botox provides aesthetic stability. Both pay substantial dividends and have high-quality drug pipelines, but their near-term catalysts are very different — MariTide obesity data for Amgen vs Skyrizi/Rinvoq execution for AbbVie.
AMGN vs ABBV is the biotech pioneer with a potential obesity drug wildcard (MariTide) and expanding biosimilar business (Amgen) versus the immunology specialist replacing Humira with faster-growing Skyrizi/Rinvoq while Botox provides aesthetics stability (AbbVie) — two exceptional healthcare income compounders with different growth catalysts.
ABBV holds the edge across 4 of 5 key metrics in this comparison. ABBV leads on both 1-year return (+16.72%) and forward P/E (13.32x vs 14.38x for AMGN), a relatively favorable combination of momentum and valuation. On fundamentals, ABBV is growing revenue faster (12.40%), while AMGN maintains the higher operating margin (33.80%) — a classic growth-versus-profitability split. Analyst consensus implies meaningfully more upside for ABBV (+17.12%) than for AMGN (+4.49%).
- →prefer Amgen's diversification across cardiovascular (Repatha), rare disease (Tepezza, Krystexxa), oncology bispecifics (Imdelltra), and potential obesity (MariTide) pipeline
- →value MariTide Phase 3 as a massive optional call option — success would add a blockbuster obesity drug to Amgen's revenue base competing with Lilly and Novo Nordisk
- →want biosimilar revenue diversification as Amgen's growing biosimilar portfolio capitalizes on brand biologic patent expirations
- →are comfortable with Enbrel biosimilar revenue erosion, MariTide Phase 3 uncertainty, and Horizon acquisition integration execution risk
- →prefer the immunology replacement story — Skyrizi and Rinvoq's rapid growth is on track to more than offset Humira biosimilar decline by 2027
- →value AbbVie's Botox aesthetic franchise as a uniquely brand-protected premium product with durable pricing in medical and aesthetic neurotoxin applications
- →want the highest near-term dividend yield among large-cap pharma with strong dividend growth commitment
- →are comfortable with Humira revenue decline through 2026, immunology competition in Skyrizi/Rinvoq indications, and aesthetics market cyclicality
| Metric | AMGN | ABBV |
|---|---|---|
| AI score | 47.3 | 52.0 |
| AI rank | #625 | #346 |
| Latest close | $337.60 | $216.49 |
| 1M return | +2.07% | +1.28% |
| 6M return | +3.56% | -3.49% |
| 1Y return | +16.39% | +16.72% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | AMGN | ABBV |
|---|---|---|
| 1Y ago | $11.66K (+16.6%) started 2025-06-18 | $11.67K (+16.7%) started 2025-06-18 |
| 5Y ago | $18.29K (+82.9%) started 2021-06-21 | $26.07K (+160.7%) started 2021-06-21 |
| 10Y ago | $39.81K (+298.1%) started 2016-06-20 | $83.39K (+733.9%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
| Metric | AMGN | ABBV |
|---|---|---|
| Market cap | $182.21B | $382.49B |
| Trailing P/E | 23.48 | 106.12 |
| Forward P/E | 14.38 | 13.32 |
| Price/Sales | 4.57 | 5.85 |
| EV/Revenue | 6.11 | 7.10 |
| Analyst target | $352.77 | $253.55 |
| Target upside | +4.49% | +17.12% |
| Metric | AMGN | ABBV |
|---|---|---|
| Revenue growth | 5.80% | 12.40% |
| Earnings growth | 4.40% | -46.20% |
| EPS growth | +4.40% | -46.20% |
| FCF margin | +19.98% | +33.13% |
| Operating margin | 33.80% | 32.16% |
| Profit margin | 20.96% | 5.79% |
| ROIC proxy | 101.32% | 6225.00% |
| Return on equity | 101.32% | 6225.00% |
| Dividend yield | 2.99% | 3.20% |
| Beta | 0.42 | 0.31 |
| Debt/equity | 623.75 | 4789.60 |
| Current ratio | 1.26 | 0.80 |
| Quick ratio | 0.85 | 0.52 |
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | AMGN | ABBV |
|---|---|---|---|
| 1Y | Growth | +16.56% | +16.71% |
| CAGR | +16.59% | +16.74% | |
| Sharpe ratio | 0.53 | 0.57 | |
| Max drawdown | 16.57% | 19.23% | |
| Max daily drop | 5.84% | 5.20% | |
| Max wkly drop | 8.70% | 8.49% | |
| 5Y | Growth | +59.69% | +120.43% |
| CAGR | +9.83% | +17.16% | |
| Sharpe ratio | 0.32 | 0.61 | |
| Max drawdown | 24.86% | 21.92% | |
| Max daily drop | 7.14% | 12.57% | |
| Max wkly drop | 12.81% | 17.30% | |
| 10Y | Growth | +193.14% | +426.67% |
| CAGR | +11.36% | +18.09% | |
| Sharpe ratio | 0.38 | 0.60 | |
| Max drawdown | 24.86% | 45.09% | |
| Max daily drop | 9.58% | 16.25% | |
| Max wkly drop | 15.79% | 19.39% |
| Category | AMGN | ABBV |
|---|---|---|
| Company | Amgen Inc. | AbbVie Inc. |
| Sector | Healthcare | Healthcare |
| Industry | Drug Manufacturers - General | Drug Manufacturers - General |
| Core business | Amgen is the world's largest independent biotechnology company, pioneering biological medicines (proteins produced in living cells). Key products include Repatha (cholesterol/cardiovascular), Otezla (dermatology), Enbrel (rheumatology, losing market share to biosimilars), Prolia/Xgeva (bone health), and expanding into obesity (MariTide — once-monthly injection GLP-1/GIP antagonist). Amgen's Horizon acquisition added Tepezza (thyroid eye disease) and Krystexxa (gout). Amgen is investing in next-generation bispecific antibodies (Imdelltra for small cell lung cancer) and biosimilar medicines competing with original biologics from competitors. | AbbVie is a biopharmaceutical company replacing $20B+ Humira revenue through Skyrizi (risankizumab for psoriasis, IBD) and Rinvoq (upadacitinib for rheumatoid arthritis, atopic dermatitis). AbbVie's Allergan acquisition added Botox, aesthetic fillers, and eye care products. Both Skyrizi and Rinvoq are growing 40–50% annually as Humira declines from biosimilar competition. AbbVie is also developing oncology programs (NaviNe, Epcoritamab) to further diversify beyond immunology. |
| Investor focus | Investors track MariTide obesity drug Phase 3 data (the most important upcoming catalyst), Repatha cardiovascular revenue growth, biosimilar pipeline approvals and sales, and post-Horizon acquisition integration. | Investors track Skyrizi and Rinvoq combined revenue growth vs Humira decline, Botox aesthetics revenue, and new indication approvals for Skyrizi and Rinvoq expanding into new diseases. |
- →MariTide GLP-1/GIP obesity program represents potential blockbuster — monthly injection vs weekly Ozempic/Wegovy could offer dosing advantage if Phase 3 proves out
- →Biotech pioneer with exceptional R&D capabilities across oncology, cardiometabolic, and inflammatory disease — decades of biological manufacturing expertise
- →Biosimilar business (Amgevita, Riabni, Mvasi) creates additional revenue from competing against brand biologics coming off patent
- →Skyrizi and Rinvoq are both best-in-class immunology drugs with multiple approved indications — AbbVie projects their combined peak revenue exceeding Humira's $20B+ at peak
- →Botox aesthetic monopoly position with limited near-term biosimilar risk — the Botox brand has decades of consumer recognition
- →Immunology expertise built over Humira decades provides deep clinical/regulatory knowledge for next-generation drug development
- →MariTide Phase 3 trials are critical — the obesity market is the largest pharmaceutical opportunity in decades but MariTide must compete with Eli Lilly's Zepbound and Novo Nordisk's Wegovy
- →Enbrel biosimilar competition continues eroding one of Amgen's historically important revenue streams
- →Horizon integration ($27.8B acquisition) requires successful commercialization of Tepezza and Krystexxa in rare disease indications
- →Humira revenue decline will be substantial through 2026 before Skyrizi/Rinvoq growth fully offsets it
- →Immunology competition from AstraZeneca, Pfizer, and Eli Lilly in psoriasis, RA, and IBD indications
- →Aesthetics market cyclicality during economic downturns can pressure Botox and filler demand
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