Tearsheet

Amneal Pharmaceuticals (AMRX)


Market Price (3/7/2026): $13.24 | Market Cap: $4.2 Bil
Sector: Health Care | Industry: Pharmaceuticals

Amneal Pharmaceuticals (AMRX)


Market Price (3/7/2026): $13.24
Market Cap: $4.2 Bil
Sector: Health Care
Industry: Pharmaceuticals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 58%
1 Attractive yield
FCF Yield is 5.4%
Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 58x
2 Low stock price volatility
Vol 12M is 33%
Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.4%
3 Megatrend and thematic drivers
Megatrends include Aging Population & Chronic Disease, and Precision Medicine. Themes include Geriatric Care, Oncology Treatments, Show more.
Key risks
AMRX key risks include [1] substantial legal exposure from specific opioid and antitrust litigation, Show more.
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%
1 Attractive yield
FCF Yield is 5.4%
2 Low stock price volatility
Vol 12M is 33%
3 Megatrend and thematic drivers
Megatrends include Aging Population & Chronic Disease, and Precision Medicine. Themes include Geriatric Care, Oncology Treatments, Show more.
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 58%
5 Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 58x
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.4%
7 Key risks
AMRX key risks include [1] substantial legal exposure from specific opioid and antitrust litigation, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Amneal Pharmaceuticals (AMRX) stock has gained about 5% since 11/30/2025 because of the following key factors:

1. Strong Fourth Quarter and Full-Year 2025 Financial Performance Exceeded Expectations. Amneal Pharmaceuticals reported adjusted diluted earnings per share (EPS) of $0.21 for Q4 2025, significantly beating analyst estimates of $0.18 to $0.19, representing a 75% year-over-year surge. Full-year 2025 net revenue increased 8% to $3.02 billion, with adjusted EBITDA up 10% to $688 million, and adjusted EPS rising 43% to $0.83, meeting or exceeding all prior guidance metrics. The company also returned to a GAAP net income of $72 million for the full year 2025, reversing a $117 million net loss in 2024.

2. Positive 2026 Financial Guidance and Anticipated Growth in Affordable Medicines. Amneal issued optimistic financial guidance for 2026, projecting net revenue between $3.05 billion and $3.15 billion, adjusted EBITDA of $720 million to $760 million, and adjusted diluted EPS of $0.93 to $1.03, with the EPS guidance surpassing the consensus estimate of $0.92. Management specifically highlighted an expected meaningful acceleration in the Affordable Medicines segment, forecasting 7% to 8% revenue growth in 2026 driven by new product approvals and launches, including complex generics and injectables.

Show more

Stock Movement Drivers

Fundamental Drivers

The 5.8% change in AMRX stock from 11/30/2025 to 3/6/2026 was primarily driven by a 1087.4% change in the company's Net Income Margin (%).
(LTM values as of)113020253062026Change
Stock Price ($)12.5213.245.8%
Change Contribution By: 
Total Revenues ($ Mil)2,9353,0192.9%
Net Income Margin (%)0.2%2.4%1087.4%
P/E Multiple666.757.8-91.3%
Shares Outstanding (Mil)314314-0.1%
Cumulative Contribution5.8%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/6/2026
ReturnCorrelation
AMRX5.8% 
Market (SPY)-1.6%16.9%
Sector (XLV)-3.1%19.5%

Fundamental Drivers

The 38.5% change in AMRX stock from 8/31/2025 to 3/6/2026 was primarily driven by a 1917.7% change in the company's Net Income Margin (%).
(LTM values as of)83120253062026Change
Stock Price ($)9.5613.2438.5%
Change Contribution By: 
Total Revenues ($ Mil)2,8533,0195.8%
Net Income Margin (%)0.1%2.4%1917.7%
P/E Multiple888.757.8-93.5%
Shares Outstanding (Mil)314314-0.2%
Cumulative Contribution38.5%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/6/2026
ReturnCorrelation
AMRX38.5% 
Market (SPY)4.5%30.0%
Sector (XLV)11.6%35.6%

Fundamental Drivers

The 52.7% change in AMRX stock from 2/28/2025 to 3/6/2026 was primarily driven by a 43.4% change in the company's P/S Multiple.
(LTM values as of)22820253062026Change
Stock Price ($)8.6713.2452.7%
Change Contribution By: 
Total Revenues ($ Mil)2,7943,0198.0%
P/S Multiple1.01.443.4%
Shares Outstanding (Mil)310314-1.5%
Cumulative Contribution52.7%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/6/2026
ReturnCorrelation
AMRX52.7% 
Market (SPY)14.2%49.4%
Sector (XLV)3.9%51.0%

Fundamental Drivers

The 542.7% change in AMRX stock from 2/28/2023 to 3/6/2026 was primarily driven by a 846.2% change in the company's P/S Multiple.
(LTM values as of)22820233062026Change
Stock Price ($)2.0613.24542.7%
Change Contribution By: 
Total Revenues ($ Mil)2,1393,01941.1%
P/S Multiple0.11.4846.2%
Shares Outstanding (Mil)151314-51.9%
Cumulative Contribution542.7%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/6/2026
ReturnCorrelation
AMRX542.7% 
Market (SPY)76.0%32.6%
Sector (XLV)25.7%28.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
AMRX Return5%-58%205%30%59%5%190%
Peers Return30%20%-3%7%20%8%109%
S&P 500 Return27%-19%24%23%16%-0%82%

Monthly Win Rates [3]
AMRX Win Rate58%33%75%50%67%67% 
Peers Win Rate55%63%38%47%58%60% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
AMRX Max Drawdown-14%-59%-36%-14%-12%0% 
Peers Max Drawdown-7%-11%-23%-10%-17%-2% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: LLY, JNJ, MRK, PFE, BMY.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/6/2026 (YTD)

How Low Can It Go

Unique KeyEventAMRXS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-82.8%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven481.1%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven475 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-54.0%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven117.5%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven85 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-90.6%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven959.8%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days

Compare to LLY, JNJ, MRK, PFE, BMY

In The Past

Amneal Pharmaceuticals's stock fell -82.8% during the 2022 Inflation Shock from a high on 3/22/2021. A -82.8% loss requires a 481.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Amneal Pharmaceuticals (AMRX)

Amneal Pharmaceuticals, Inc., together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic and specialty pharmaceutical products for various dosage forms and therapeutic areas. The company operates through three segments: Generics, Specialty, and AvKARE. The Generics segment develops, manufactures, and commercializes complex oral solids, injectables, ophthalmics, liquids, topicals, softgels, inhalation products, and transdermals across a range of therapeutic categories. The Specialty segment is involved in the development, promotion, distribution, and sale of branded pharmaceutical products with focus on central nervous system disorders, endocrinology, parasitic infections, and other therapeutic areas. It also offers Emverm, a chewable tablet for the treatment of pinworm, whipworm, common roundworm, common hookworm, and American hookworm in single or mixed infections; Rytary to treat Parkinson's disease; and Unithroid for the treatment of hypothyroidism. The AvKARE segment provides pharmaceuticals, medical and surgical products, and services primarily to governmental agencies, the Department of Defense, and the Department of Veterans Affairs. It is also involved in the wholesale distribution of bottle and unit dose pharmaceuticals under the AvKARE and AvPAK names, as well as medical and surgical products; and packaging and wholesale distribution of pharmaceuticals and vitamins to its retail and institutional customers. The company sells its products through wholesalers, distributors, hospitals, chain pharmacies, and individual pharmacies. It operates in the United States, India, Ireland, and internationally. The company was formerly known as Atlas Holdings, Inc. and changed its name to Amneal Pharmaceuticals, Inc. in 2018. Amneal Pharmaceuticals, Inc. was founded in 2002 and is headquartered in Bridgewater, New Jersey.

AI Analysis | Feedback

Teva Pharmaceuticals for a diverse portfolio of generic and specialty drugs.

Viatris (formerly Mylan) for generic and biosimilar medicine development and manufacturing.

AI Analysis | Feedback

  • Generic Pharmaceuticals: Amneal develops, manufactures, and distributes a wide range of cost-effective generic versions of brand-name prescription drugs across various therapeutic areas and dosage forms.
  • Kynmobi (apomorphine sublingual film): This specialty pharmaceutical is used for the acute, intermittent treatment of "off" episodes in patients with Parkinson's disease.
  • Rytary (carbidopa/levodopa extended-release capsules): This specialty pharmaceutical is an extended-release medication used to treat Parkinson's disease.

AI Analysis | Feedback

Amneal Pharmaceuticals (AMRX) Major Customers

Amneal Pharmaceuticals primarily sells its generic and specialty pharmaceutical products to other companies, specifically large pharmaceutical wholesalers and, to a lesser extent, retail pharmacy chains and institutional customers.

According to their most recent financial filings, a significant portion of Amneal's revenue is derived from a small number of major pharmaceutical wholesalers. The three largest customers, all major wholesale distributors, accounted for a substantial majority of their total gross revenue. These key customers are:

  • Cencora, Inc. (formerly AmerisourceBergen Corporation) - COR
  • Cardinal Health, Inc. - CAH
  • McKesson Corporation - MCK

AI Analysis | Feedback

null

AI Analysis | Feedback

Chirag Patel President and Co-Chief Executive Officer

Chirag Patel is a Co-Founder of Amneal Pharmaceuticals, established in 2002 with his brother Chintu Patel. He served as Co-Chairman and Co-Chief Executive Officer of Amneal from 2005 until the company's combination with Impax Laboratories in 2018, and returned as Co-CEO and President in August 2019. Mr. Patel has co-founded and invested in several independent biopharmaceutical companies, including Asana Biosciences, Kashiv BioSciences, and Prolong Pharmaceuticals, which focus on innovative science and drug delivery technologies. Earlier in his career, he co-founded technology companies NextGen Technologies and Veriprise Wireless. He was recognized with the Ernst & Young National Entrepreneur of the Year 2011 Life Sciences Award.

Tasos Konidaris Executive Vice President, Chief Financial Officer

Tasos Konidaris has served as Executive Vice President, Chief Financial Officer of Amneal Pharmaceuticals since 2020.

Chintu Patel Co-Chief Executive Officer

Chintu Patel is a Co-Founder of Amneal Pharmaceuticals, established in 2002 with his brother Chirag Patel. He previously served as Co-Chairman and Co-Chief Executive Officer of Amneal from 2002 until the combination with Impax Laboratories in 2018, and resumed the role of Co-Chief Executive Officer in August 2019. Mr. Patel has also co-founded and invested in various independent biopharmaceutical companies, including Asana Biosciences, Kashiv BioSciences, and Prolong Pharmaceuticals. He recently held the position of Chief Executive Officer at Kashiv BioSciences.

Andrew S. Boyer Executive Vice President, Commercial Operations

Andrew S. Boyer joined Amneal Pharmaceuticals in 2018 as Executive Vice President, Commercial Operations. Prior to Amneal, he was President and CEO of North America Generics at Teva Pharmaceuticals, Inc. from 2016 to 2018. Before his time at Teva, Mr. Boyer served as Senior Vice President of Sales and Marketing for the U.S. Generics Division at Allergan plc (formerly Actavis plc, and previously Watson Pharmaceuticals, Inc.), a position he held since 2006. He initially joined Watson in 1998 as Associate Director of Marketing in Generics. His earlier career also included roles as National Accounts Manager for Lederle/American Cyanamid and Marketing Manager for Barr Laboratories.

Jason B. Daly Executive Vice President, Chief Legal Officer & Corporate Secretary

Jason B. Daly serves as Executive Vice President, Chief Legal Officer & Corporate Secretary at Amneal Pharmaceuticals, a position he has held since 2025.

AI Analysis | Feedback

The key risks to Amneal Pharmaceuticals (AMRX) primarily revolve around stringent legal and regulatory challenges, intense competition and pricing pressure within the generics market, and the company's significant debt load.

  1. Legal and Regulatory Risks: Amneal Pharmaceuticals faces substantial legal and regulatory hurdles, which are considered a top risk category for the company. These include ongoing litigation, such as opioid-related lawsuits and antitrust charges, that can result in considerable financial settlements and reputational damage. Furthermore, the company is susceptible to changes in healthcare laws, evolving FDA approval requirements, and government contracting regulations. Potential tariffs on pharmaceuticals manufactured in India could also pressure margins, and delays or negative decisions from the FDA on new drug approvals pose a significant threat to future revenue streams.
  2. Intense Competition and Pricing Pressure in the Generics Market: As a major player in the generics sector, Amneal is exposed to considerable competition and persistent pricing pressures. Consolidated buying groups and increased market saturation lead to declining margins for generic drugs, impacting the company's revenue and overall profitability. The inability to consistently introduce innovative or exclusive products also contributes to this challenge, forcing the company to navigate a landscape where manufacturers may exit unprofitable product lines.
  3. High Indebtedness and Financial Stability: Amneal Pharmaceuticals carries a substantial amount of debt, with net debt reported at $2.51 billion in Q1 2025 and approximately $2.7 billion in 2023. This level of indebtedness affects the company's financial flexibility and its capacity to generate sufficient cash flow to service its obligations. Concerns have been raised regarding declining free cash flow margins and a historically mediocre return on invested capital, suggesting potential difficulties in efficiently leveraging capital for profitable growth initiatives.

AI Analysis | Feedback

1. **Sustained and Intensifying Pricing Pressure in the Generic Pharmaceuticals Market:** Amneal's core business, generic pharmaceuticals, faces severe and ongoing pricing erosion. This is not merely general competition but an accelerating trend driven by several factors, including a greater number of generic drug approvals, increased leverage from consolidated Pharmacy Benefit Managers (PBMs) and large retail chains demanding deeper discounts, and a rapid influx of competitors for specific generic products. This dynamic environment places continuous downward pressure on Amneal's revenues and profit margins in its largest segment.

2. **Increasing Competitive Intensity and Market Access Challenges within the Biosimilar Landscape:** While Amneal is strategically focused on expanding its presence in biosimilars, this market is becoming increasingly competitive and difficult to penetrate. A growing number of pharmaceutical companies are developing and launching biosimilars for the same high-value reference biologics. Additionally, innovator companies are employing aggressive tactics, such as extensive patent strategies, exclusive contracting, and rebate programs, to delay biosimilar uptake and maintain market share, making it challenging for Amneal and other biosimilar developers to secure rapid market penetration and achieve anticipated sales volumes.

AI Analysis | Feedback

Amneal Pharmaceuticals (NASDAQ: AMRX) participates in several significant addressable markets through its diverse portfolio of generic, specialty, and biosimilar products.

For its main products and services, the addressable markets are as follows:

  • Parkinson's Disease Therapeutics (including Rytary and CREXONT):
    • The global Parkinson's disease drugs market was valued at approximately $7.17 billion in 2024 and is projected to grow to $13.46 billion by 2032, with a compound annual growth rate (CAGR) of 8.2% from 2025 to 2032.
    • The North American Parkinson's disease drugs market held a substantial share, with estimated revenue of $2.50 billion in 2024.
    • Amneal's extended-release carbidopa and levodopa capsule, CREXONT (IPX203), specifically targets a peak U.S. annual net sales opportunity of $300 million to $500 million.
  • Biosimilars:
    • The global biosimilars market was valued at $20.44 billion in 2022 and is projected to reach $73.03 billion by 2030, growing at a CAGR of 17.3%.
    • Amneal is developing a biosimilar candidate to XOLAIR (omalizumab), which addresses a U.S. omalizumab market of approximately $3.9 billion.

AI Analysis | Feedback

Amneal Pharmaceuticals (AMRX) is expected to drive future revenue growth over the next 2-3 years through several key initiatives across its diversified portfolio:

  1. New Product Launches in Affordable Medicines: Amneal continues to expand its Affordable Medicines segment (generics) through consistent new product introductions, including complex generics and 505(b)(2) injectables. These launches are significant contributors to the segment's growth, with new products launched in 2024 and 2025 adding substantial revenue. The company has a track record of launching, on average, 30 or more new products annually in its generic segment.
  2. Growth in the Specialty Segment: The Specialty segment is a crucial driver, particularly with the strong uptake of CREXONT for Parkinson's disease, which exceeded expectations and is projected to achieve peak U.S. sales between $300 million and $500 million. Additionally, the launch of Brekiya DHE autoinjector for migraine and cluster headache is anticipated to further boost this segment's performance.
  3. Expansion of the Biosimilars Portfolio: Amneal is strategically focused on expanding its biosimilars pipeline, with plans to have six marketed biosimilar products by 2027. The company has submitted a Biologics License Application (BLA) for a Xolair biosimilar ahead of schedule and expects to be among the first entrants in this multi-billion dollar market, viewing biosimilars as a significant long-term growth vector.
  4. Continued Growth of the AvKARE Segment: The AvKARE healthcare distribution business consistently delivers double-digit growth across its distribution, government, and unit dose channels. This segment provides stability and diversification to Amneal's portfolio and is expected to reach over $900 million in revenue by 2027.
  5. Strategic Collaboration in GLP-1 Therapies: Amneal has entered a strategic collaboration with Metsera, Inc. to leverage its expertise and supply next-generation medicines for obesity and metabolic diseases (GLP-1 market). This initiative is considered a powerful new long-term growth driver, with the global weight loss market projected to exceed $150 billion by 2030.

AI Analysis | Feedback

Share Repurchases

No information available regarding the dollar amount of share repurchases made or authorized for future repurchases over the last 3-5 years.

Share Issuance

  • As of February 14, 2025, Amneal Pharmaceuticals had 309,966,341 shares of Class A common stock outstanding.
  • The company's guidance for the year ending December 31, 2025, assumes approximately 325 million to 330 million weighted-average diluted shares outstanding.
  • Total shares outstanding were 314.08 million as of November 5, 2025.

Outbound Investments

  • Amneal's capital allocation priorities include evaluating strategic business development opportunities to enhance growth and value creation.
  • The company focuses on strategic investments in biosimilars, including exploring vertical integration and aiming to file 5 to 7 biosimilars annually.
  • In the third quarter of 2025, Amneal incurred a $22.5 million milestone payment related to the U.S. Food and Drug Administration Biologics License Application submission for a biosimilar candidate to XOLAIR®.

Capital Expenditures

  • Amneal Pharmaceuticals estimates approximately $120.0 million will be invested during 2025 for capital expenditures.
  • The primary focus for 2025 capital expenditures is on manufacturing equipment, information technology, and facilities to support and grow existing operations.
  • The 2025 capital expenditure estimate includes investments for a collaboration and supply agreement with Metsera, Inc., with an expected reimbursement of approximately $20.0 million from Metsera.

Better Bets vs. Amneal Pharmaceuticals (AMRX)

Trade Ideas

Select ideas related to AMRX.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
QDEL_2282026_Insider_Buying_45D_2Buy_200K02282026QDELQuidelOrthoInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
CHE_2272026_Dip_Buyer_FCFYield02272026CHEChemedDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.0%0.0%0.0%
LLY_2272026_Monopoly_xInd_xCD_Getting_Cheaper02272026LLYEli LillyMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.0%0.0%0.0%
HAE_2202026_Dip_Buyer_FCFYield02202026HAEHaemoneticsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.5%3.5%0.0%
IQV_2132026_Dip_Buyer_ValueBuy02132026IQVIQVIADip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
7.1%7.1%-3.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

AMRXLLYJNJMRKPFEBMYMedian
NameAmneal P.Eli LillyJohnson .Merck Pfizer Bristol-. 
Mkt Price13.24990.33240.40115.7927.0560.2988.04
Mkt Cap4.2887.1578.8287.3153.8122.6220.5
Rev LTM3,01965,17994,19365,01162,57948,19563,795
Op Inc LTM39829,69625,59622,10817,40613,72319,757
FCF LTM2265,96419,31312,3609,07512,84510,718
FCF 3Y Avg2411,07518,38313,2007,90113,14610,524
CFO LTM34016,81324,53016,47211,70414,15615,314
CFO 3Y Avg3279,95723,86216,98211,04914,40212,726

Growth & Margins

AMRXLLYJNJMRKPFEBMYMedian
NameAmneal P.Eli LillyJohnson .Merck Pfizer Bristol-. 
Rev Chg LTM8.0%44.7%6.0%1.3%-1.6%-0.2%3.7%
Rev Chg 3Y Avg11.0%32.1%2.6%3.2%-12.0%1.5%2.9%
Rev Chg Q11.5%42.6%9.1%5.0%-1.2%1.3%7.0%
QoQ Delta Rev Chg LTM2.9%9.7%2.2%1.2%-0.3%0.3%1.7%
Op Mgn LTM13.2%45.6%27.2%34.0%27.8%28.5%28.1%
Op Mgn 3Y Avg11.9%37.9%25.6%23.5%19.6%19.6%21.6%
QoQ Delta Op Mgn LTM0.9%1.1%1.5%-0.9%0.9%4.7%1.0%
CFO/Rev LTM11.3%25.8%26.0%25.3%18.7%29.4%25.6%
CFO/Rev 3Y Avg12.1%19.3%26.7%26.8%17.8%30.5%23.0%
FCF/Rev LTM7.5%9.2%20.5%19.0%14.5%26.7%16.8%
FCF/Rev 3Y Avg9.0%0.3%20.6%20.8%12.7%27.9%16.6%

Valuation

AMRXLLYJNJMRKPFEBMYMedian
NameAmneal P.Eli LillyJohnson .Merck Pfizer Bristol-. 
Mkt Cap4.2887.1578.8287.3153.8122.6220.5
P/S1.413.66.14.42.52.53.5
P/EBIT10.929.917.312.815.110.914.0
P/E57.843.021.615.719.817.420.7
P/CFO12.252.823.617.413.18.715.3
Total Yield1.7%2.9%6.8%9.2%11.4%9.9%8.0%
Dividend Yield0.0%0.6%2.1%2.8%6.4%4.1%2.5%
FCF Yield 3Y Avg11.1%0.0%4.6%5.1%5.3%12.0%5.2%
D/E0.60.00.10.20.40.40.3
Net D/E0.60.00.00.10.30.30.2

Returns

AMRXLLYJNJMRKPFEBMYMedian
NameAmneal P.Eli LillyJohnson .Merck Pfizer Bristol-. 
1M Rtn-8.2%-10.4%3.1%-2.1%1.0%4.6%-0.6%
3M Rtn8.7%-1.8%19.7%17.1%5.7%17.0%12.8%
6M Rtn37.6%36.6%36.3%39.2%12.5%31.2%36.5%
12M Rtn51.1%9.3%49.0%27.8%10.6%5.2%19.2%
3Y Rtn652.3%226.0%70.6%14.0%-19.6%1.7%42.3%
1M Excs Rtn-6.2%-8.3%5.1%-0.1%3.1%6.7%1.5%
3M Excs Rtn10.3%-2.4%19.3%15.8%9.2%21.3%13.0%
6M Excs Rtn35.0%30.1%32.4%36.7%10.4%28.8%31.2%
12M Excs Rtn32.2%-8.1%34.3%13.6%-3.5%-9.5%5.0%
3Y Excs Rtn462.9%151.7%1.7%-51.6%-89.9%-70.9%-24.9%

Comparison Analyses

null

FDA Approved Drugs Data

Expand for More
Post-Approval Fwd Returns
FDA
App #
Brand
Name
Generic
Name
Dosage
Form
FDA
Approval
3M
Rtn
6M
Rtn
1Y
Rtn
2Y
Rtn
Total
Rtn
ANDA217287  CUPRIC CHLORIDEcupric chlorideinjectable1262026-2.4%-2.4%-2.4%-2.4%-2.4%
ANDA212884  ELTROMBOPAG OLAMINEeltrombopag olaminetablet1142026-0.1%-0.1%-0.1%-0.1%-0.1%
ANDA217523  SODIUM BICARBONATEsodium bicarbonatesolution11320262.1%2.1%2.1%2.1%2.1%
BLA761456  BONCRESAdenosumab-mobzinjectable121920255.3%5.3%5.3%5.3%5.3%
BLA761457  OZILTUSdenosumab-mobzinjectable121920255.3%5.3%5.3%5.3%5.3%
ANDA217173  DEFLAZACORTdeflazacorttablet121220258.4%8.4%8.4%8.4%8.4%
ANDA218208  EPINEPHRINEepinephrinesolution1208202511.5%11.5%11.5%11.5%11.5%
ANDA211909  CYCLOSPORINEcyclosporineemulsion1128202510.3%5.8%5.8%5.8%5.8%
ANDA217737  IOHEXOLiohexolsolution1113202527.0%14.9%14.9%14.9%14.9%
ANDA216601  PHYTONADIONEphytonadioneinjectable1104202525.6%16.7%16.7%16.7%16.7%
...         

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Affordable Medicines1,4711,4321,3661,3431,309
AvKARE532406349294 
Specialty390374378356318
Corporate and Other00   
Total2,3942,2122,0941,9931,626


Operating Income by Segment
$ Mil20252024202320222021
Affordable Medicines276224281189-133
Specialty6573565743
AvKARE3237-8 
Corporate and Other-169-395-192-147-158
Total204-9515391-249


Price Behavior

Price Behavior
Market Price$13.24 
Market Cap ($ Bil)4.2 
First Trading Date03/27/2018 
Distance from 52W High-12.8% 
   50 Days200 Days
DMA Price$13.75$10.65
DMA Trendupup
Distance from DMA-3.7%24.3%
 3M1YR
Volatility26.5%32.7%
Downside Capture36.47100.56
Upside Capture94.93125.65
Correlation (SPY)17.8%50.1%
AMRX Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta-0.090.210.370.750.841.06
Up Beta-1.92-0.600.04-0.270.590.92
Down Beta-0.880.160.080.600.860.83
Up Capture65%76%90%171%149%457%
Bmk +ve Days9203170142431
Stock +ve Days9203267136375
Down Capture68%16%29%70%95%101%
Bmk -ve Days12213054109320
Stock -ve Days11202854109358

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AMRX
AMRX47.1%32.8%1.22-
Sector ETF (XLV)3.4%17.5%0.0451.2%
Equity (SPY)16.4%19.2%0.6650.1%
Gold (GLD)77.1%26.1%2.17-2.2%
Commodities (DBC)19.6%17.1%0.8911.7%
Real Estate (VNQ)3.1%16.6%0.0146.9%
Bitcoin (BTCUSD)-21.4%45.5%-0.3913.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AMRX
AMRX20.5%52.2%0.55-
Sector ETF (XLV)7.6%14.5%0.3430.6%
Equity (SPY)13.0%17.0%0.6034.8%
Gold (GLD)24.2%17.2%1.144.2%
Commodities (DBC)11.9%19.0%0.516.8%
Real Estate (VNQ)5.0%18.8%0.1730.6%
Bitcoin (BTCUSD)7.5%56.8%0.3514.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AMRX
AMRX-3.7%64.9%0.20-
Sector ETF (XLV)10.4%16.5%0.5232.2%
Equity (SPY)15.0%17.9%0.7234.6%
Gold (GLD)15.1%15.6%0.800.9%
Commodities (DBC)9.0%17.6%0.4312.5%
Real Estate (VNQ)6.1%20.7%0.2626.5%
Bitcoin (BTCUSD)66.7%66.8%1.0611.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date2132026
Short Interest: Shares Quantity10.6 Mil
Short Interest: % Change Since 1312026-16.4%
Average Daily Volume2.1 Mil
Days-to-Cover Short Interest5.2 days
Basic Shares Quantity314.5 Mil
Short % of Basic Shares3.4%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/27/2026-4.7%-8.5% 
10/30/2025-4.1%12.1%18.0%
7/21/2025-0.8%1.1%16.2%
2/28/20253.5%4.5%-1.2%
11/8/20241.4%4.5%-6.0%
8/9/2024-1.5%1.8%8.9%
3/1/2024-0.9%-3.8%9.6%
10/23/202319.0%15.5%33.0%
...
SUMMARY STATS   
# Positive81010
# Negative12109
Median Positive7.9%8.5%17.1%
Median Negative-6.4%-9.4%-14.4%
Max Positive28.5%25.9%53.8%
Max Negative-16.2%-20.3%-36.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202502/27/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/07/202510-Q
12/31/202402/28/202510-K
09/30/202411/12/202410-Q
06/30/202408/09/202410-Q
03/31/202405/08/202410-Q
12/31/202303/14/202410-K
09/30/202311/09/202310-Q
06/30/202308/08/202310-Q
03/31/202305/09/202310-Q
12/31/202203/03/202310-K
09/30/202211/07/202210-Q
06/30/202208/08/202210-Q
03/31/202205/06/202210-Q

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Nark, Ted C DirectSell1119202511.7250,000586,0003,410,860Form
2Shah, NikitaExecutive Vice PresidentDirectSell1114202511.92131,8561,571,7241,745,124Form
3Kiely, John DirectSell82820259.2332,000295,3602,080,747Form
4Shah, NikitaExecutive Vice PresidentDirectSell82520259.66114,4921,105,9931,475,497Form
5Shah, NikitaExecutive Vice PresidentDirectSell82520259.506,34060,2301,390,828Form