On July 19, Amgen (NASDAQ:AMGN) released results for the second quarter, which ended June 30, 2005.

  • Per-share earnings jumped 43.9%, but watch out for stock options.
  • Amgen's margins are deliciously high, something we like at the Fool.

(Figures in millions, except per-share data)

Income Statement Highlights (What's this?)

Q2 2005 Avg. Est.

Q2 2005

Q2 2004

% Change

Sales

$2,990.0

$3,172.0

$2,585.0

+22.7%

Net Profit

--

$1,029.0

$748.0

+37.6%

EPS

$0.72

$0.82

$0.57

+43.9%



Balance Sheet Highlights (What's this?)

Assets

Q2 2005

Q2 2004

% Change

Cash+ ST Invest.

$4,440.0

$4,261.8

+4.2%

Inventory

$984.0

$725.1

+35.7%

Accounts Rec.

$1,707.0

$1,281.2

+33.2%



Liabilities

Long-Term Debt

$2,198.0

$200.0

+999.0%

Accounts Pay.& Accrued Liab.

$3,178.0

$2,099.0

+51.4%



Margin Checkup (What's this?)

Q2 2005

Q2 2004

% Change

Gross Margin

83.29%

83.17%

+0.12%

Op. Margin

40.76%

38.96%

+1.81%

Net Margin

32.44%

28.94%

+3.50%



Cash Flow Highlights (What's this?)

No cash flow statement provided. (Boo!)

Related Companies:

  • Biogen Idec (NASDAQ:BIIB)
  • Genentech (NYSE:DNA)
  • Genzyme (NASDAQ:GENZ)
  • Gilead (NASDAQ:GILD)
  • Johnson & Johnson (NYSE:JNJ)
  • Pfizer (NYSE:PFE)

For related Foolishness:

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.

At the time of publication, Nick Baker didn't have a financial position in any company mentioned. Biogen is a recommendation of Motley Fool Stock Advisor, and Pfizer is a pick of Inside Value. View Nick's Fool profile and stock holdingshere. Fool rules arehere.